{"input": "Where To Get Homeowners Insurance? ", "output": "Homeowners insurance is available through the internet , through direct writers who use call centers or through agents . The difference is the degree of communication you want to have . The agent will be the most personal while the internet will be the least . My suggestion is to ask your colleagues , friends and neighbors and find out who they trust . In the end a trusted counsellor may be the most important part of the homeowners insurance decision . "}
{"input": "What Is An Elimination Period In Disability Insurance? ", "output": "The elimination period on disability insurance is the specified period from which the disability is medically diagnosed and the insured is eligible to start receiving benefits . The longer the elimination period the lower the premiums . On short term disability insurance plans elimination periods can be as little as days or weeks . On long term disability plans can vary from 30-45-60-90-180-360 days . Most good disability plans do go back to day one and pay the entire period once the elimination period has been met in a lump sum . "}
{"input": "Can You Deduct Homeowners Insurance From Your Taxes? ", "output": "Not unless your home is also your business . If you have an office in your home that portion of the home is deductible and the insurance on that portion would also be . As a rule though the answer would be no . Check with your tax adviser for guidance on your personal situation . "}
{"input": "What Is The Best Kind Of Life Insurance To Buy? ", "output": "The best kind of life insurance is the one financially suitable for you . Life insurance is designed to indemnify your beneficiaries from financial liability whether temporary or permanent . Term life insurance indemnifies temporary liabilities , permanent life insurance indemnifies permanent liabilities . Term life insurance generally covers fixed periods of 5 , 10 , 15 , 20 and 30 years . Permanent life insurance for indemnification offers participating whole life and guaranteed universal life . Life insurance for supplemental retirement income can use universal life insurance : current assumption , indexed and variable -LRB- using separate sub accounts and has market risk . -RRB- Determining your risk tolerance and product suitability is critical in forming a financial profile . "}
{"input": "What Is The Best Kind Of Life Insurance To Buy? ", "output": "What is the best kind of life insurance to buy ? Sometimes a combination of policies work best . If you have a need for a large amount of coverage for a limited period of time , Term insurance is the least expensive . But perhaps you would also like a small , permanent policy for final expense needs while you are medically able to get a good rate . Using the same underwriting exam , you can easily get a large Term policy and a a small Permanent policy at the same time . A good agent can help you find the most affordable life insurance in the best kind of policy or policies that will work for you . Give one a call ; it will be well worth your time . "}
{"input": "Who Funds Disability Insurance? ", "output": "The funding source of paying disability claims depends on who is backing up the promise to do so . 1 . Social Security DI is funded by tax-payers 2 . State-sponsored DI -LRB- if available -RRB- is usually funded by employers within that state . -LRB- A sole-proprietor that constitutes a company of one person may be able to `` opt in '' to the program with special enrollment . -RRB- 3 . Individual - or corporate-owned DI is funded by an insurance company that collects premiums from the individual or corporation to form a `` pool '' of money from which claims are paid . In any of these cases , the funding source must have sufficient funds in the pool to pay out legitimate claims as they are submitted . Premiums reflect the justified cost of maintaining that fund at the proper level . Therefore , claims may require a company to submit an application to the State Department of Insurance for increasing premiumsfora specified `` block of business '' within which claims will - or already have - exceeded premiums coming in for that block . -LRB- An individual can not be singled out for premium increases . -RRB- If one owns a policy that is `` non-cancelable '' , that term means that the carrier can not increase premiums for any reason over the life of the policy . "}
{"input": "Can You Use Life Insurance To Pay For College? ", "output": "College is very expensive -LRB- I have 2 children in college now and 3 more entering in 2 years -RRB- and for a family trying to determine the best way to deal with this is a challenge . Insurance that accumulates cash value can indeed help defray some costs but you would need to have started while your children were very young and even then you probably would only have funds to help , not pay for it all . I would suggest you talk to your Insurance Agent and see what other options may be available to you to help with those costs . "}
{"input": "Can You Use Life Insurance To Pay For College? ", "output": "Some agents will promote the idea of buying life insurance to fund your child 's education by using the policy cash value to pay education expenses . This is usually a bad idea and a very expensive way to accumulate cash for any reason , including college education . Your ROR -LRB- rate of return -RRB- on cash accumulation is quite low . Consider other options before buying life insurance to fund college expenses . "}
{"input": "Can You Use Life Insurance To Pay For College? ", "output": "There are a variety of strategies for using life insurance to pay for college or help you get financing . Some basic ones would be borrowing from the cash value of a policy if it has been in force long enough . Parents will often take out a life insurance policy on themselves to cover their child 's college if the parent should die prematurely . There are some other more complicated strategies . A good agent with experience in college planning may be able to help . "}
{"input": "What Is Modifier GW For Medicare? ", "output": "That is a tough question , I am not totally familiar with medicare billing codes . However according to my research , the GW modifier is used when a provider of medical services performs services that are not related to a hospice diagnosis . Certain Medicare beneficiaries can choose hospice benefits instead of Medicare benefits for treatment and management of their terminal condition . reference : WEBSITELINK "}
{"input": "How Much Does Life Insurance Cost For A 70 Year Old? ", "output": "A million dollar policy for a 70 year old preferred non-smoker will be around $ 9785 10 year term , $ 14510 15 year term , $ 21600 for 20 year term , $ 23828 Guaranteed UL . A million dollar policy for a 70 year old standard non-smoker will be around $ 12825 10 year term , $ 22110 15 year term , $ 25930 for 20 year term , $ 32840 Guaranteed UL . "}
{"input": "How Much Does Life Insurance Cost For A 70 Year Old? ", "output": "It would depend on your Health and if you have ever used tobacco products . A 70 year old in perfect health who has never used tobacco could currently get a $ 200k 20 year level term policy for as low as $ 4111 per year . But this would be a `` best case scenario '' figure . But if they are in poor health it could be double that or even more . And if they currently use -LRB- or have recently used -RRB- tobacco it would double that best case scenario figure as well . Most likely for a $ 200k 20 year level term it would be between $ 4500 - $ 7000 depending on health , and that is for a non-smoker . But the amount of Death Benefit and the type of policy will ultimately dictate premiums , along with health & tobacco use . "}
{"input": "How Much Does Life Insurance Cost For A 70 Year Old? ", "output": "The monthly premium for $ 100,000 of life insurance on a male non-smoker would be approximately $ 165 for 10 yr . Term Insurance , and $ 338 for whole life insurance . Even at that age there may be preferred rates and other options . Medical conditions often play a major role in pricing policies for people above age 60 . "}
{"input": "Will I Get Taxed For Not Having Health Insurance? ", "output": "Supposedly , the PPACA or Obamacare is based on means testing . Millions of Americans will fall below the poverty threshold and pay nothing . Millions in the middle working class will qualify for credits to offset health care premium . But for everyone else who can afford to pay , pay the premium or pay a penalty . "}
{"input": "Why is my insurance so high? I am a 26 year old female with a clean driving record. I drive an 05 chevy trailblazer. ", "output": "Great question ! In addition to the things that Mr. Pipes mentioned , there are a couple of other reasons why your insurance is high . Have you recently moved ? Or had a problem with your credit ? If you 've had a serious ding on your credit before the last rate hike , that may be a reason why . Your insurance company factors in your credit score in their rates . If you recently moved , that may play a role also - from a quiet residential neighborhood to a downtown apartment can hike your rates , or if you 've moved to a higher crime rate area . Unless it 's just to recoup profits on their part , generally rate hikes are a sign of perceived increased risk . I 'd advise you to look for an independent agent who can help you compare prices . Good luck , and if you need help , please contact me . Thanks for asking ! "}
{"input": "Why is my insurance so high? I am a 26 year old female with a clean driving record. I drive an 05 chevy trailblazer. ", "output": "There could be a variety of reasons . Depending upon your state there are a variety of rating factors which affect your premium . In California you are rated on the year , make and model of your vehicle . You are also rated on your driving experience . You are rated on the location of your household , and the drivers in your household . You are rated on your total annual miles . If you have violations and accidents these increase the premium dramatically . "}
{"input": "Why is my insurance so high? I am a 26 year old female with a clean driving record. I drive an 05 chevy trailblazer. ", "output": "A little hard to say in a general sense , but this is a terrific question for your Insurance Professional . There are a number of details that are factored when developing the rate that you pay . You mentioned the year of your car as well as the type . A vehicle like yours can in some cases cost more on the liability portion f your policy due to it 's size and weight . Another factor is how you drive -LRB- pleasure or commute for example -RRB- and how many miles you drive . The state and area where you live can be a factor as well . The coverage options that you have chosen will also naturally drive premium . Ask to see if you are receiving all available discounts . If you insure your car and home with the same company , there can be some very nice premium savings discounts available . "}
{"input": "Does A Renter Have To Have Renters Insurance? ", "output": "A renter should have renters insurance to protect your assets , personal property and loss of use . However unless required by a landlord to carry renters insurancethen renters insurance is an option . I recommend you check with your auto insurance provider about obtaining renters insurance policy since in many cases the multi policy discount will off-set the cost of renters insurance . "}
{"input": "Can You Borrow Against Annuities? ", "output": "You can not borrow from annuities . You may be able to withdraw some money without penalties according to the policys withdrawal provisions . But keep in mind that you may have a 10 % tax penalty for accessing withdrawals before 59 . One way to accomplish your goal is to use your annuity as collateral at your local bank and borrow from it . "}
{"input": "When Is Medicare Primary? ", "output": "There are many factors to look at in determining whether Medicare is the primary or secondary payer , for persons who have both Medicare and other health insurance . This interaction chart from Medicare makes it easy to find who is primary for you : WEBSITELINK . You could also call 1-800-MEDICARE to ask about specific situations . "}
{"input": "What If I Don't Use My Long Term Care Insurance? ", "output": "This is a quandary for consumers . If they purchase long term care insurance and never use it , theyre out the premiums paid . Thats why many consumers are turning to another alternative ; either purchasing annuities or life insurance with long term care riders , whereas , if you dont use the benefits of long term care rider you dont lose it . But in keep in mind the cost of the rider , if any , is still being deducted from the policy . "}
{"input": "What If I Don't Use My Long Term Care Insurance? ", "output": "If you do n't use your long-term insurance , you are typically in very good physical health and you are very fortunate . This is a positive development . If you are utilizing your long-term care coverage , there is a medical issue that is certainly impacting your quality of life . As full-time brokers -LRB- not `` part time -RRB- we can assist you by providing unbiased advice . "}
{"input": "What Is The Average Cost Of Medicare Per Month? ", "output": "For most individuals , Medicare Part A will be premium-free . This happens if you 've hit your 40 quarters -LRB- 10 years -RRB- of working life and paying FICA taxes . If you do n't hit this , the premium will be up to $ 426 per month . In 2014 , Individuals with Medicare Part B will pay anywhere from the minimum $ 104.90 per month -LRB- this is most individuals -RRB- , up to the maximum of $ 335.70 per month , depending on your income level -LRB- individuals with higher incomes pay a higher premium due to the high-income penalty on Part B premium calculations -RRB- . So for those with only Parts A & B , the `` average '' person will likely be paying $ 104.90 per month between the two . If you want to add prescription drug coverage or a Medicare supplement plan , you will have additional premium expenses -LRB- the premiums will also be based on the plan you 're applying for , your age , and other factors -RRB- . "}
{"input": "Is Water Damage Covered By Home Insurance? ", "output": "It depends on the origin and cause of the water . A distinction has to be made between flooding and water damage . A flood is usually caused by external water rising , usually from heavy rain or a river overflowing . Flood is not covered by most homeowner policies . Water damage is generally defined as water hitting your home before touching the outside ground . It can originate from a roof leaf or a broken pipe and is usually covered by homeowners insurance . "}
{"input": "Is Water Damage Covered By Home Insurance? ", "output": "No . Under most circumstances is not covered . Water damage is normally listed within the exclusions of a homeowners policy . There are certain instances where water damage may be covered like a burst pipe . 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": "Does Home Insurance Cover Forest Fires? ", "output": "That is a great question ! Fires were the number one reason that homeowners policies came about way back when , and still are one of the top reasons to have one . Unless you just took out your policy as the fire raged closer , you should be fine . Good luck , and thanks for asking ! "}
{"input": "Does Home Insurance Cover Forest Fires? ", "output": "Yes , your Homeowners Insurance does cover damages resulted from forest fires , except when : a -RRB- you got a brand new policy -LRB- not renewal -RRB- during the forest fire in progress . Usually insurance carrier forbids binding new coverage in restricted/catastrophic areas . To check if your area is currently restricted visit WEBSITELINK b -RRB- due to prior losses your policy limits coverage and excludes fire . Check your existing policy documents . Most of insurance carriers provide policy forms in electronic format . Open your policy in any browser and search from the word `` fire '' . Then read related page and you will get the answer to your questions . "}
{"input": "Does Home Insurance Cover Forest Fires? ", "output": "Fire is the primary peril covered by a homeowners policy . If your property is damaged in a wildfire , such as those ranging about 60 miles from me right now , your company will cover the damages . During this period of heightened risk the company will probably not allow you to change coverages to avoid incurring even greater losses . "}
{"input": "Does Home Insurance Cover Forest Fires? ", "output": "Damage from fire is a very common covered peril in a Homeowners ' policy . Whether this fire is localized to your home or if your home is damaged as a result of being in the path of a forest or wild fire , there would be no difference in the coverage provided . "}
{"input": "Can Felons Get Medicare? ", "output": "It is possible for felons to get Medicare . They must meet some certain conditions , such as a waiting period of 5-15 years before they can apply for Medicare benefits -LRB- the less serious the crime , the shorter the waiting period -RRB- . This can possibly be reduced by one year with a letter from a probation officer , or it could be waived in the event of end stage renal failure . The felon can not be a fugitive or currently incarcerated . "}
{"input": "Do Medigap Plans Have Drug Coverage? ", "output": "Modern Medigap plans do not include drug coverage . Some of the older plans , those issued prior to 2006 , may include a limited drug plan . If you have a Medigap plan you should consider a stand alone drug plan . The beauty of this approach is you can find a drug plan that meets your needs . When you buy a Medicare Advantage plan with built in drug coverage you take the plan they want you to have . "}
{"input": "Do Medigap Plans Have Drug Coverage? ", "output": "Medigap plans purchased after January 1 , 2006 , are not allowed to have drug coverage . To get prescription drug coverage along with a medigap plan , you must purchase Medicare Part D. Medigap policies cover things not covered by Part A and Part B , like co-payments , deductibles , and health care if you travel outside the US . "}
{"input": "What Insurance Companies Offer Disability Insurance? ", "output": "Many companies do offer disability insurance . However in order to find what 's best for you by fitting you with the best product choice you should be prepared to submit some information to analyze your need . One my specialties is in this field and all over the nation . The lower the rate and the more the coverage is the best way . Alway look for one that specializes in this coverage for better results . "}
{"input": "What Insurance Companies Offer Disability Insurance? ", "output": "There are a LOT of companies that have disability insurance . To name a few of your more standard carriers -LRB- meaning they are highly competitive if you are healthy and do not have a high-risk job -RRB- : Standard Insurance , Principal , MetLife , Mutual of Omaha , Mass Mutual . If you have any medical problems , or if your job is considered dangerous , you could look into Lloyds of London , Fidelity or Assurity . "}
{"input": "What Is The Minimum Amount Of Car Insurance Needed In Pennsylvania? ", "output": "In Pennsylvania the minimum liability coverage requirements for auto insurance are : $ 15,000 per incident with a $ 30,000 maximum and a $ 5,000 personal property . "}
{"input": "What Is The Minimum Amount Of Car Insurance Needed In Pennsylvania? ", "output": "Pennsylvania state minimums for car insurance are 15k/30k for Bodily Injury , 5k for Property Damage and 5k for Medical Payment . All other coverage and limits are optional . However I highly recommend Uninsured -LRB- UM -RRB- and Underinsured Motorist -LRB- UIM -RRB- coverage . This protects You if the person who hits you does n't have insurance or enough insurance to cover Your damages . Go to : WEBSITELINK for more information and some free quotes ! "}
{"input": "Can A Landlord In Boston Require Renters Insurance? ", "output": "That is a great question ! A landlord can make it a requirement for the tenants to have renters insurance before allowing them to sign the lease . I have to tell you that they are doing you a favor by requiring it . The complexes insurance will not cover your belongings should there be damage or theft in your apartment , the financial responsibility to replace or repair is all yours . Their insurance will only cover the damage to the building itself . If you were to have a guest become injured while visiting in your apartment , it is your responsibility , not the landlords . By making it a requirement , the landlord is actually getting you to financially protect yourself . Nice landlord ! Find a local agent , and buy a policy , they are inexpensive , and well worth it . Thanks for asking ! "}
{"input": "Can A Landlord In Boston Require Renters Insurance? ", "output": "So long as the laws of the Commonwealth of Massachusetts or the City Ordinances of Boston do not prohibit a landlord from requiring proof of renters insurance from their tenants , then the landlord is free to include such proof as a condition of the lease . I 'd check with a local attorney or consult an official in the City Building Office to see if any such laws or ordinances apply . Regardless of they require it or not , it is always in your best interest to talk to an Insurance Professional and secure that coverage for yourself . "}
{"input": "How Much Is Homeowners Insurance On A Mobile Home? ", "output": "Homeowners insurance for a mobile is not much different than regular homeowners insurance . Some of the information that is required to be able to secure coverage will be a different though . Mobile home homeowners coverage is not something that every carrier does . To find out more about coverage and pricing in your are please contact a local agent for a free quote . "}
{"input": "Who Sells Fixed Index Annuities? ", "output": "Fixed annuities are sold by many major insurance companies including Prudential . Since there are so many facets and differences from one fixed annuity to the next -LRB- including of course ... the interest rate guarantee ! -RRB- , it is critical to speak to a full-time licensed broker or financial planner to review the best annuity that is most suitable to your needs . "}
{"input": "Can My Car Insurance Drop Me? ", "output": "Yes , is the short saner . Insurance Carriers carriers can some times no withstand thee claim loss experience you generate . The pricing of the product is not universal . Most major preferred and standard market insurers can handle 80 % or more of the buying public . But there are folks out here who you can not sustain at any price . There are some carriers whoever do take on a lifetime guarantee > The Hartford will offer you this guarantee if you do not have a driving while intoxicated conviction . For a quote from the Hartford or other fine insurers contact us at -866 -933 -4372 or go to www.insurancebrowser.com "}
{"input": "Can My Car Insurance Drop Me? ", "output": "Yes , they can , in certain situations . I 'll say first that I can only answer for Michigan but most states do behave similarly . Your eligibility for auto insurance with a standard carrier is measured on a point system . To be eligible for a standard carrier in Michigan , you can not have more than 6 eligibility points . The point system is pretty simple , with more points for more serious infractions . For instance , a speeding ticket for 5mph over the speed limit , and other similar violations are worth two points while an at fault accident is worth three . These points do have an expiration , normally two to three years for accidents and minor violations . Major violations such as a DUI or wreckless driving expire in five years and one of these deems you ineligible . Your insurance company can cancel your policy if you reach 7 points or more that have n't expired . Two at fault accidents in the last three years will also get you here as your second at fault is charged four eligibility points . Two things to consider : First , you can still get insurance if you have been cancelled but it 'll cost you a lot more . Second , do n't think that , just because the judge said he 'd waive the points from a ticket , these wo n't count for insurance purposes because they will . If it shows up on a driving record or a claims record , the companies have no choice but to apply them . If you have a good agent , he can find coverage for you even if you 've been cancelled by a company . Be smart , find an agent you can trust , and listen to him/her . You 'll come out better in the long run . "}
{"input": "How Can You Find Out If Someone Has Car Insurance? ", "output": "Without being involved in an accident with the person that you are attempting to find out about ; your only legal option would be to ask them . I am not aware of any service or data base out there that will provide you with that information . Due to privacy laws the insurance carrier and agent are only allowed to release that information to a select number of authorized persons and businesses . "}
{"input": "Who Is Proposer In Life Insurance? ", "output": "The proposer in life insurance is the person who proposes entering into the life insurance contract with a life insurance company to insure themselves or someone else . E.g. . If an adult child is seeking life insurance to pay for a parent 's final expense needs , the adult child is the proposer of the policy . "}
{"input": "What Does Dave Ramsey Say About Car Insurance? ", "output": "Dave Ramsey provides very basic and usually helpful information to consumers . However , to get the best rate in your area from the best available carrier , an experienced broker will be a much better resource . State laws vary and an experienced broker will be able to shop for you -LRB- at no cost -RRB- and present you with the best options . "}
{"input": "Does Farmers Insurance Sell Disability Insurance? ", "output": "No , Farmer 's Insurance Group does not sell Disability Insurance . To get a quote for Disability Insurance , you can call an agency that sells multiple Life Insurance policies , either in your local area or on the internet . They can help you shop multiple companies to find your best Disability Insurance rate . "}
{"input": "Does Obamacare Have Any Effects On Life Insurance? ", "output": "Obamacarewill not effect life insurance , which is sold in the free market andunencumberedby federal intervention . Interestingly , the US Department of Health and Human Services may allow the sale of life and disability insurance at the state exchanges . Thefederaldeficiton the other hand could force the hand of the government to seek new forms of revenue by removing the tax deferred , inside build up of cash values in life insurance and annuities . "}
{"input": "Does Obamacare Have Any Effects On Life Insurance? ", "output": "Does Obamacare effect life insurance ? So far , no . But at some point Obamacare and all that it offers , has to be paid for . There is a serious effort in DC to find tax revenue sources and life insurance and annuities are both being eyed for future tax revenues to support the cost of healthcare . One thing when changes like this happen , and they do happen , what 's in force is usually grandfathered and kept exempt from the action . Usually something like this would apply to future purchases . Just another reason not to `` round to it . '' "}
{"input": "Does Obamacare Have Any Effects On Life Insurance? ", "output": "Not directly as it is health care reform . But , life insurance may provide for some planning relief for some higher income taxpayers -LRB- 250,000 + -RRB- . In addition to higher income taxes in 2013 for higher income taxpayers , this year also saw new taxes to pay for health care reform due to the 3.8 % Medicare Tax on Net Investment Income and the 0.9 % Increase in Hospital Insurance Tax on Wages . The 3.8 % tax impacts net investment income . With careful planning , life insurance cash values can be accessed , potentially tax free whereas many other sources of income may be subject to the combination of higher tax rates and 3.8 % Medicare Tax . "}
{"input": "Who Is The Owner Of A Group Life Insurance Policy? ", "output": "The owner of a group life plan is the business owner or corporation providing coverage to the employees . The owner would hold the master policy and the employees would hold a certificate of coverage . Group life insurance is a nice perk for both employer and employee . For the employer it is a very affordable benefit to help secure employee turnover . For the employee , it is a nice added bonus to their personal financial plan . However , group life should never take the place of individual life insurance . If you change jobs in almost every case you will lose this coverage and run the risk of losing insurability as well . "}
{"input": "Who Is The Owner Of A Group Life Insurance Policy? ", "output": "That is a great question ! In the most common scenario 's , the owner of the group life policy is the employer or entity that offers the insurance to you . At work , your group life plan offered in your benefit package will list your immediate employer , or the parent company of your employer as the owner -LRB- so KFC may list KFC , or they may listYumFoods , or they may list Pepsi , depending upon who purchased the policy -RRB- . Some charitable organizations will also offer benefits , and the charityor its trustees are generally the owners . Think of it as like you owning the policy for your child , though they 've become old enough to start paying for some of the premium . I hope that helps , thanks for asking ! "}
{"input": "Who Is The Owner Of A Group Life Insurance Policy? ", "output": "In a group life insurance policy the employer will be designated as the Master Policy Holder and the employee , if coverage is elected , will be designated as the insured . Any employee who elects to be covered under the group plan will be issued a `` Certificate of Insurance '' , and in the event of death their beneficiaries will receive the amount of benefit selected / or owed . "}
{"input": "How Much Will Health Insurance Cost Under The Affordable Care Act? ", "output": "Some have said the rates will go up and others have said the rates will go down . Everyone is probably correct since there are many variables that the actuaries use to determine rates . The good news is that as of 10/1 the health insurance rates based on the Affordable Care Actare now available so you can find out whether they will go up or down for you and/or your family . Keep in mind , there have and will continue to be many technological issues . You have until 12/7 to make your decision for your 1/1/14 policy . You may want to wait to do your analysis with your broker for another week or two for some of the glitches to be fixed , but do n't wait until the last minute or your may face other problems including possible penalties . "}
{"input": "Why Is Health Insurance More Expensive For Women? ", "output": "In past years , health insurance was typically more expensive for women under 50 due to the cost of medical care compared to men of the same age . After 50 , rates were typically higher for men , who tend to begin incurring higher medical bills than women after age 50 . Since the implementation of the Affordable Care Act , the cost for coverage for people of the same age can no longer be based upon their sex , meaning the cost of coverage for a 40 year old man would be the same as the cost for a 40 year old female to purchase the same policy . "}
{"input": "Where To Get Term Life Insurance? ", "output": "That is a great question ! There are a great many companies that would be happy to sell you a policy . My advice when asked this question is always the same - shop on a quick quote site , to get an idea of the lowest cost offered -LRB- because the internet sites will give that to you to sucker you in -RRB- and then go find an independent agent -LRB- one not tied to a specific brand -RRB- who can get you the best realistic price on the best policy . If you would like help , please feel free to contact me , I 'd be happy to help . Thanks for asking ! "}
{"input": "Where To Get Term Life Insurance? ", "output": "You can get good Term life insurance online without ever having to meet with a life insurance agent . Find a website that has some good testimonials and a trusted reputation via the Better Business Bureau , TrustE certificate , etc. . Then simply contact them and apply . Most of them have legitimate businesses and go to considerable expense to build them up . Giving them your patronage is certainly a valid and often preferable choice for many people . Another option is to meet with an agent face to face . Many brick and mortar offices also have an internet presence , so you can do either . Term life insurance has built in guarantees and is not complicated to buy . But you do want to know that your agent has your best interest at heart . Sites like InsuranceLibrary.com and the websites for agents and agencies is a good place to read about us and determine which would be a good place for you to buy your Term life insurance policy . "}
{"input": "What Type Of Drug Test Is Used For Life Insurance? ", "output": "With the blood test , the insurance company checks for nicotine use . With urinalysis they may look for cannabinoids -LRB- marijuana -RRB- , cocaine , amphetamines -LRB- meth , speed -RRB- , opiates -LRB- heroin , codeine , morphine -RRB- , and phencyclidine -LRB- PCP -RRB- . Not all use the same tests . Some use the testing of salvia to test of drugs , and No Exam policies do not do any drug testing . "}
{"input": "What Type Of Drug Test Is Used For Life Insurance? ", "output": "Drug testing has been going on for the last 25 years for jobs , volunteers in prison and for life insurance . Life insurance companies routinely test for drug use by urine analysis . Two specimens per 1,000 test positive for cocaine . "}
{"input": "What Does A Medicare Wellness Visit Cover? ", "output": "According to the Centers for Medicare and Medicaid Services , your Wellness visit should occur if youve had Part B for longer than 12 months . Prior to this visit , you would of had a Welcome to Medicare preventive visit during your first 12 months on Medicare . The Wellness visit is completed annually . The provider is supposed to ask you to complete a brief questionnaire , called a Health Risk Assessment to help develop a personalized prevention plan . Medicare covers many preventative services and it is during this Wellness visit that you can discuss which ones are right for you . If the doctor accepts Medicare assignment , you pay nothing for the yearly Wellness visit . If additional tests or services are completed during the same visit that are not covered under this benefit , it is possible that you will be responsible for paying co-insurance and the Part B deductible . Thank you for reading my response . Please let me know if I can be of further assistance . "}
{"input": "Will Medicare Cover Wigs? ", "output": "In most situations , Medicare does not cover items that are cosmetic in nature , but there are a few exceptions . Medicare recognizes that part of the healing process and recovery from cancer radiation treatment is the need for the patient to feel normal again . If hair loss is due to cancer therapy , Medicare will usually cover at least some of the cost of a wig . "}
{"input": "What Is National Benefit Life Insurance Company? ", "output": "`` National Benefit Life Insurance Company '' used to be `` Beneficial National Life Insurance Company '' . They underwrite State Disability Insurance , Student Life Insurance , and term life insurance sold by Primerica Agents in New York State . Their home office is in Long Island City , NY and they are rated A + by AM Best . "}
{"input": "Does Homeowners Insurance Cover A Lost Ring? ", "output": "Homeowners insurance covers personal property `` any where in the world '' however , most policies cover personal property on a named peril basis . Unfortunately losing something is not a named peril . Examples of named perils are fire , theft , and lightning . When it comes to jewelry , I always recommend a separate jewelry policy referred to as an Inland Marine policy . Inland Marine policies are `` all risk '' policies so even if you lose a scheduled item it 's covered . "}
{"input": "Does Home Insurance Cover Foundation Cracks? ", "output": "Home owners insurance will typicallynot cover foundation cracks that are not caused by a covered peril . This is typically considered to be part of basic home maintenance . Please read your policy completely to understand the coverage provided and exclusions within the coverage or call your local agent to have them explain your policy 's coverage and exclusions . "}
{"input": "Does Home Insurance Cover Foundation Cracks? ", "output": "Great Question that is most asked by homeowners in California or other state that have Earth movement . Usally this question if not easy to answer with a yes . But it would be something to ask your current insurance company but most policies do not cover foundation cracks . Always check your own policy . "}
{"input": "Does Home Insurance Cover Foundation Cracks? ", "output": "Only if it is something that is sudden and accidental which is the key to all insurance claims . Depending on how it occurred and what made it happen is the criteria used for settling claims . As the others have mentioned , a crack in a wall / foundation etc are maintenance issues meaning over the course of owning a home you should keep the property well kept when something happens . Examples are a roof that is wearing out and needs replaced , the foundation with cracking or bowing , etc. . "}
{"input": "Does Home Insurance Cover Foundation Cracks? ", "output": "Typically this is not a covered peril as David mentioned . One thought I had is if your home is fairly new you can call your home builder and see what theirwarrantyis on your foundation . In Scottsdale , AZ where I live there has been a lot of homes built in a short amount of time , and this is a common issue . "}
{"input": "Does Renters Insurance Cover Vehicle Theft? ", "output": "Renters insurance does not cover vehicle theft . Vehicle theft would be covered under your auto insurance policy provided you carry comprehensive coverage on your auto policy . However , if you have a renters insurance policy and some of your personal items were in the vehicle that was stolen they may be covered by your renters policy as long as the items are personal items and not part of the vehicle . "}
{"input": "When Is Full Coverage Auto Insurance Required? ", "output": "That 's a great question ! Most commonly , you will be required to carry full coverage insurance on the car idf the car has been purchased through a lender . So that they are not out their investment in your car , they will often require the full coverage on the car . You may also need it for company vehicles , but lenders most commonly . Thank you for asking ! "}
{"input": "How Can I Find Out What Insurance Group My Car Is? ", "output": "Insurance `` groups '' are typically used by insurers in the UK . You can contact your agent or the insurance company directly and find out the group of your vehicle . Her in the US , often cars are given symbols for rating purposes . You can also contact your broker or carrier to determine the symbol , which determines the risk of the car/truck . "}
{"input": "How Do You Get Medicare Part D? ", "output": "To get Medicare Part D , you first have to find the Medicare drug plan that you want to join . Then you can go to that plan 's website and enroll online , or complete a paper form enrollment , or call that plan 's phone number , or call Medicare at 1-800-633-4227 . This website is helpful in selecting your plan and telling you where and how to enroll . WEBSITELINK "}
{"input": "What Is A Rider In Health Insurance? ", "output": "A rider in health insurance -LRB- or in any type of insurance -RRB- is an optional benefit that may be purchased and added to the policy . For example , you could purchase a critical care rider which pays cash directly to the policy holder upon diagnosis of specified critical illnesses . An example in life insurance is an accelerated death benefit , in which the insurance can use a portion of the death benefit while they 're still alive , if diagnosed with a terminal illness . "}
{"input": "Does Life Insurance Count As Taxable Income? ", "output": "As a general rule death benefit proceeds generally pass to their designated beneficiarys tax free . There are some business scenarios where death benefit proceeds are subject to the alternative minimum tax as a preference time and could be included as revenue at ordinary income tax rates . There may be estate taxation on the federal and/or state level . As an income item , if the life insurance policy is a modified endowment contract , loans are taxable . If the life insurance is a non-modified endowment contract and the policy lapses , is surrendered or the policy reaches its maturity dateall policy loans , -LRB- those received and internal -RRB- are ordinary income tax events is the year they occur . "}
{"input": "Does Life Insurance Count As Taxable Income? ", "output": "Great question ! For those with complicated scenarios or specific estate and business related implications please see the other excellent , in-depth responses to this question . But frankly for most people the answer is that death benefit amounts from life insurance are generally received free of taxes . As always , consult an expert in legal areas , tax preparation , or insurance to get the most accurate and up-to-date advice . Good luck ! "}
{"input": "Does Life Insurance Count As Taxable Income? ", "output": "In general , yes , the life insurance death benefit is income tax-free -LRB- IRC Section 101 -LRB- a -RRB- -RRB- . But , there are situations where this benefit may be lost . If too much premium is paid into the policy in violation of Section 7702 of the IRC , the policy is no longer considered life insurance , and the death benefit is income taxable . Insurance companies monitor this and usually take action to prevent such violations . Insurance professionals worry more about the following more common situations where the death benefit can be taxable since the burden is on the policy owner to monitor and violations are usually not caught before it is too late . 1 . Since 2006 , new rules apply to life insurance in a business context which subjects the life insurance death benefit to income tax . If the policy does not meet the special requirements of Section 101 -LRB- j -RRB- such as the notice and consent or protected class requirementsthe death benefit may be income taxable . There is also an annual IRS reporting requirement -LRB- Form 8925 -RRB- . We find most small business owners are not aware , especially of the latter requirement . Most tax professionals are usually not aware either . This is a common and growing problem which generally can not be corrected -LRB- except to cancel policies and start over -RRB- . 2 . Three parties to a policy -LRB- aka Goodman triangle -RRB- : If a third-party owner names a different third-party beneficiary of a life contract , the proceeds may be income taxable or gift taxable . 3 . If the policy falls within the transfer-for-value rule and does not qualify for a safe-harbor exception , its death benefit is income taxable . Business owners should meet with a life insurance professional who can perform a comprehensive policy review and can coordinate with your tax and legal advisors . These comments are for planning purposes only and are not tax or legal advice . "}
{"input": "Does Life Insurance Count As Taxable Income? ", "output": "Let me add a few other cases to the previous answer . While as a general rule life insurance death benefits are not taxable , there are a few more cases that can be taxable . Not only are life insurance death benefits counted as an asset for Federal Estate Tax , it is also counted for any equivalent state tax . Many states have limits lower than federal limits and may become subject to state taxation should the entire value of the estate exceed the state exemption . Also , it is important to avoid the Goodman Triangle . There are three parties involved in a life insurance contract , besides the insurance company . There is the insured , the person being covered , the owner , the person who controls the policy and typically pays the premium , and the beneficiary , the person named to receive the death benefit . It is important that at least two of these be in common to avoid Federal Income Tax . That means the owner should be either the insured or the beneficiary . To be safe , work with an insurance professional who is familiar with these rules to help you avoid problems . Finally , should you be concerned that the benefit will be taxable it would be wise to consult with a tax professional who is familiar with both Federal rules and the rules of your state . "}
{"input": "Does Life Insurance Count As Taxable Income? ", "output": "Death Benefit Payments to a Beneficiary DO NOT count as Taxable Income . However , if paid to a persons Estate , and not directly to an Individual ; the Death Benefit payment will be taxed along with the rest of the Estate . Also , all Death Benefit Payments are subject to Federal Estate Tax , even for a direct Beneficiary . This means that any Death Benefit Payment OVER the Estate Tax Exemption -LRB- currently $ 5.25 Million -RRB- is taxed at the Estate Tax Rate -LRB- currently 40 % -RRB- . But obviously most people do not have policies with Death Benefits over $ 5 million . So this applies to very few people . "}
{"input": "Which Retirement Plan Is Best For Me? ", "output": "A qualified defined contribution plan is a good place to begin . The contributions are pretax or tax deductible , the account accumulates tax deferred and some employers actually match portion of your contribution . But id your employer does n't offer a plan and you 're in a low tax bracket , you may consider a non-qualified plan like indexed universal life . "}
{"input": "When Do Kids Need Car Insurance? ", "output": "Your child needs to be insured as soon as he or she receives their license . While driving with a temporary permit they will be covered . Once they receive their license you need to add them to your policy or have them purchase their own . It is usually less expensive if you add them to your policy . Check with your agent for laws in your State and the best way for your child to be insured . "}
{"input": "What Is Excess Life Insurance? ", "output": "Excess Life Insurance is the amount of life insurance that you have through your place of employment that exceeds $ 50,000 . The first $ 50,000 is generally not taxable to the employee . The `` excess '' of coverage beyond that first $ 50,000 must be reported to the IRS as income , minus any after tax premiums paid by the employee . "}
{"input": "Who Cannot Get Long Term Care Insurance? ", "output": "Unfortunately , persons who have a high risk of having the need to collect on long term care benefits may be unable to get long term care insurance . E.g. . If they have already had a stroke , or have had an amputation due to diabetes , have Alzheimers , or have MS , they probably can not get long term care insurance . "}
{"input": "How Much Life Insurance Can I Get? ", "output": "How much life insurance for income replacement purposes you can get is primarily a function of your income if considering a purchase during your working years . Each insurance company has its own maximum limit of the amount they will issue you considering all of the life insurance you have on your life but a good rule of thumb for insureds under age 45 is up to 25 times earned income . The multiple is less at older ages and in retirement years , net worth becomes a key factor . "}
{"input": "How Much Life Insurance Can I Get? ", "output": "The amount of life insurance coverage is directly correlated to the amount you can economically justify which may include future values on income and/or estate growth . There is also some play here within the retention of life insurance companies to be more benevolent with amounts that fall into multi-planning scenarios such as domestic and business insurance purchasing . "}
{"input": "How Much Life Insurance Can I Get? ", "output": "Income is the primary determinant for underwriting the amount of life insurance coverage allowed -LRB- applied for plus inforce amounts -RRB- . Maximum coverage under age 45 will be 25 times earned income or more . The earned income multiples grade down as you age . Your budget will also determine what you can afford . Above age 70 , net worth is very important in determining maximum coverage allowed . Net worth , income and the premium for the requested coverage are considered together using different formulas . Generally , the maximum total coverage allowed will be 50 % of net worth . "}
{"input": "How Much Life Insurance Can I Get? ", "output": "Well it depends on your age and the need . If you are over 75 year old you can get up to 100,000 in most companies . If you are under that age you can get as much as you can show the insurance company a need . But a normal person can get up to 500,000 of life insurance with no problem if you can pay the premium "}
{"input": "How Much Life Insurance Can I Get? ", "output": "You can get the amount of life insurance for which you qualify financially . Generally speaking , the more income you have , the more life insurance you are qualified to get . However , assets will also be considered , and the younger you are , the more coverage you can usually get . "}
{"input": "Will Doctors Stop Seeing Medicare Patients? ", "output": "Doctors will not stop seeing Medicare patients . Medicare is an ever increasing pool of new patients . Medicare patients are `` insured '' , whether covered by original Medicare -LRB- and a supplement -RRB- or a Medicare Advantage plan . This insured status means doctors are almost always guaranteed to be paid for their services . Of course medical necessity is the key to getting paid . "}
{"input": "Will Doctors Stop Seeing Medicare Patients? ", "output": "While there may be some doctors opting out of the Medicare system , I do not see this as a major concern . Too many doctors have a large percentage of there revenue come from Medicare patients . The concern among doctors is the cuts that Medicare has made , but I do not see a mass exodus from the system . "}
{"input": "What Are Land Annuities? ", "output": "Land annuities that youre addressing are Irish payments to the British government that appears to be some sort of tax generating revenue approach imposed by the UK . The British government passed several land reform bills targeting land lord revenue . This is such an intriguing question if my assumptions are correct . "}
{"input": "How To Plan For Retirement? ", "output": "With financial planing , determining your objectives is the first step . Retirement planning is no different , it is a two part process . First you need to decide what a successful retirement would look like for you and then you need to plan how to fund it . What do you want to do in retirement ? Spend some time discussing this and writing down your objectives . One you have an outline , you can work with a financial planner to design a plan to accomplish your objectives . There is more information on retirement planning on my website www.jpw.ca If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local Retirement Planner , you could start with a Google search . For example if you search for : retirement planner Halifax or retirement planning Halifax , my name along with several others will come up . You can use the same method to find Retirement Planners in your community . "}
{"input": "How Does Metlife Life Insurance Work? ", "output": "Metlife is one of the largest life insurance companies in the world by total assets and life insurance in force . It has a huge retention capacity to underwrite risk without reinsurance assistance . MetLife underwrites their prospects through a medical due diligence process and financially validates the requested coverage . An offer is made to the prospective policy owner and if accepted and bound with the required premium is placed in force as an active policy . "}
{"input": "How Does Metlife Life Insurance Work? ", "output": "MetLife offers a variety of life insurance products in both individual and group policies . Therefore , each policy will work according to the type of life insurance it is . Their term insurance is guaranteed not to go up for the entire term . Their universal life guarantees depend on what type of policy it is . You can contact an agent that carries MetLife polices -LRB- including me -RRB- to find out about a particular product . "}
{"input": "Can A Health Insurance Company Cancel Your Policy? ", "output": "Yes , but only in certain situations such as you not paying your premiums -LRB- the policy would lapse -RRB- or if it 's discovered you intentionally lied on the application for the coverage -LRB- fraud -RRB- . A policy is a contract - you agree to pay a certain premium amount in exchange for coverage so when a situation occurs that is covered by the plan , the insurance company pays their portion of the claim up to the specified amounts in the policy and any remainder would be billed to you , if applicable . Please let me know if I can be of further assistance . Thanks very much . "}
{"input": "When Should You Buy Whole Life Insurance? ", "output": "As soon as possible . If you want to protect your assets like your house , any debt or taxes owed if something should happen to you . Last thing you want to do is have a financial burden on your family . If your looking at saving for the future , specifically retirement planning , than life insurance is a great product to have . Tax deferred and tax free are two of the most important things you want to know and understand . If you mixed that earning a rate of return on your money , and compound interest than you have the best of three worlds . Saving , interest , earning interest on top of the interest you just earned while having it all be tax free . Actually the best of 4 worlds lol . "}
{"input": "When Should You Buy Whole Life Insurance? ", "output": "When should you buy whole life insurance ? When you are as young as possible and as healthy as possible . Whole life insurance locks in the cost , gives you back your premiums with additional gain over time and can provide a growing death benefit along the way . The biggest reason for me was control . The insured controls the policy . It 's yours , they ca n't take it away , they ca n't raise the price , they ca n't reduce your cash values . It 's yours . YOU own it . "}
{"input": "When Should You Buy Whole Life Insurance? ", "output": "You should buy a whole life policy as soon as you determine how much protection you will require for the balance of your life . Some responsibilities come and go , but several remain . Final expenses remain , bequests remain , charitable giving remains , and many other personal reasons remain . Buy the whole life you know that you need now and lock in the lowest possible rate . "}
{"input": "When Should You Buy Whole Life Insurance? ", "output": "This can vary depending on the need for the life insurance . In general , it 's better to buy it at a younger age than an older age as it will have more time for the cash value to grow . Since it 's a whole life policy , the premiums will remain guaranteed for life . If it 's a participating whole life policy , you may have the option to use dividends to increase the death benefit and/or lower your premiums over time . If you are only concerned about the death benefit and not the cash value , you may also want to consider a guaranteed universal life policy to maximize the death benefit while keeping the premiums to it 's lowest levels -LRB- this is generally more advantageous for older individuals -RRB- . "}
{"input": "What To Do When Term Life Insurance Expires? ", "output": "If you have a term life insurance policy and the guarantee period on it is expiring , you have a several options : 1 -RRB- you can continue to pay premiums as the policy will be annually renewable , however , the premiums will start to go up each year -LRB- based on age -RRB- by a substantial margin . 2 -RRB- If the conversion period is still available , you can convert all , or a portion , of the face amount to a permanent policy with new medical underwriting . 3 -RRB- you can stop paying premiums and let the policy lapse , thus ending your coverage . 4 -RRB- you can apply for a new policy -LRB- can be with the same carrier or a new carrier -RRB- to secure a new term or permanent insurance policy . "}
{"input": "What To Do When Term Life Insurance Expires? ", "output": "If you have a term life insurance that is set to expire soon , run , do n't walk , to find out your options before it expires . You can ask your current agent , call the life insurance company , or pick out an agent you feel you can trust and ask them to compile your options for you . If your health has gotten worse since you took out your term policy , you may not have the option to buy as much coverage as you would like , in a new policy . Converting your term policy to Universal or Whole Life allows you to keep the same amount of coverage and even be rated the same as you were before , without having to answer a single health question . Many term policies are convertible to the end of the term or to a certain age , whichever comes first . Some are only convertible for part of the term . If conversion is not an option , you must either pay the new higher premium , or purchase a new policy when your current term coverage expires . "}
{"input": "Does Renters Insurance Cover Theft Of Cash? ", "output": "It may , but more than likely a very limited amount and may be subject to your policy deductible . 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": "What Type Of Auto Insurance Covers Hit And Run? ", "output": "Most people expect coverage for damage caused by an unknown vehicle to be in their uninsured or underinsured motorist coverage , however , that is not the case . If the source of the damage can not be identified , it will be covered as a collision claim subject to the deductible in the policy . "}
{"input": "What Type Of Auto Insurance Covers Hit And Run? ", "output": "If your car is damaged as a result of a hit and run caused by another party , then the Collision coverage provided in your auto policy will be used to pay for the damage repair . Unfortunately , the settlement from your insurance company will be subject to your deductible . "}
{"input": "What Is Other Structures Coverage On Homeowners Insurance? ", "output": "Other structures on your homeowners policy would typically be out buildings such as sheds . Most homeowners policy 's provide up to ten percent of the policy valuation for this type of coverage less your policy deductible . 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": "What Is Life Insurance Portability Vs Conversion? ", "output": "Personal life insurance is completely portable . The policy does not change if you change address or employment . Group term life insurance is usually available only to employees . If you dont work for the company any longer , your term life expires . Conversion refers to your guaranteed right to exchange a term policy , either personal or group , for a permanent insurance plan offered by the company , without consideration of your medical condition . When you leave an employer you are offered conversion privileges because the coverage isnt portable . "}
{"input": "What Is Life Insurance Portability Vs Conversion? ", "output": "Life insurance portability is the ability to take your life insurance with you from job to job , state to state , or even country to country . Life insurance conversion is the ability to change your term life insurance from one that will end a set number of years , to one that will never end . "}
{"input": "What Is Life Insurance Portability Vs Conversion? ", "output": "For life insurance coverage obtained on an association or group basis , conversion and/or portability may be offered . Portability simply means you can take the coverage you already have with you after termination . Conversion is a right to take a new individually issued , permanent life policy with the same insurer , generally without needing to provide evidence of insurability , after termination under some circumstances . It might not be an option available after a certain age or beyond a certain amount . It is almost always limited to a product of the insurer 's choice which may not be as competitive as other products in its portfolio for applicants willing to go through the normal underwriting process . "}
{"input": "What Is Life Insurance Portability Vs Conversion? ", "output": "I am assuming here that you are talking about a group life insurance plan . Portability means that if you leave the company you can take your insurance policy with you . With many group plans you lose the insurance when you leave . Conversion means that you have the right to convert your group term insurance to a permanent plan that you own . You would then be able to take it with you when you leave . "}
{"input": "Can You Put Your Boyfriend On Your Health Insurance? ", "output": "That is a great question ! The answer will depend on a couple of things . The first is whether or not your State recognizes domestic partners as a relationship status . In most cases , those States will require employers to offer the same plans offered to spouses to the domestic partner . The second is whether you meet whatever the standard is to be a domestic partner . There will be qualifications on time spent together , shared expenses and incomes , things like that . Your Boyfriend can not still be married , that 's a deal breaker in every case . Check with your employers HR person , or plan administrator , and find out exactly what they offer . Thank you for asking ! "}
{"input": "How Much Will My Life Insurance Payout? ", "output": "If you consider the payout to be the death benefit , the average person receives much more than the sum of premiums paid and has enjoyed peace of mind through the process . If someone lives to life expectancy they will discover that the cheapest life insurance was not the one with the lowest premium rather it was the one with the highest premium because if became paid up long before death and resulted in a payout far greater than the sum of premiums . "}
{"input": "How Much Will My Life Insurance Payout? ", "output": "That is a great question ! The amount that your policy pays to the beneficiary is called the face amount , or death benefit . It is the stated sum on the policy , -LRB- the large number -RRB- and there will also be a smaller number called the surrender value . If the insured passes away , the company pays the face value -LRB- minus any loans , or unpaid premiums -RRB- to the beneficiary . If you decide to cash the policy out early , the surrender value -LRB- minus loans , fees , and unpaid premiums -RRB- are paid to the policy owner . Thanks for asking ! "}
{"input": "How Much Will My Life Insurance Payout? ", "output": "Upon the death of the person whose life was insured by the policy , Life Insurance will pay out the face amount of the policy . If Term Insurance , the policy will not pay anything if you have missed over one month of payments or if the policy Term has ended and you have not renewed or converted your policy . If death occurs during the years that a Term policy is in effect , the beneficiary will receive the face amount for which the policy was taken out . If Whole or Universal Life and you decide to end the policy early , you could get a payout of the surrender value of the policy . This amount is approximately the same amount as the cash value of your policy , minus surrender charges.Or you could borrow from the cash value of the policy , or do a partial surrender . If you keep your policy in effect until death , it will pay out at least the face amount of the policy , possibly more . "}
{"input": "What Is Required By Law For Auto Insurance? ", "output": "It depends on the state you live in . The state of Ohio requires a minimum of $ 12,500 per person / $ 25000 per occurrence on the liability limits as state minimum coverage . You may also have a financial responsibility bond which takes the place of auto insurance . If you do not have the state minimum insurance you can lose your license . "}
{"input": "Does My Auto Insurance Cover Moving Van? ", "output": "Auto insurance covers the driver first , the vehicle second so yes , you would be covered if your rent a van and are in an at fault accident . The company renting the van will carry coverage on the van itself and you may be responsible if you do any damage to the van as specified in the contract you sign . "}
{"input": "What Does Medicare Not Pay For? ", "output": "Some of the items and services that Medicare does n't cover include : < a title = '' Services that include medical and non-medical care provided to people who are unable to perform basic activities of daily living , like dressing or bathing . Long-term supports and services can be provided at home , in the community , in assisted living , or in nursing homes . Individuals may need long-term supports and services at any age . Medicare and most health insurance plans do n't pay for long-term care . '' href = '' WEBSITELINK rel = `` nofollow '' > Long-term care -LRB- also called < a title = '' Non-skilled personal care , like help with activities of daily living like bathing , dressing , eating , getting in or out of a bed or chair , moving around , and using the bathroom . It may also include the kind of health-related care that most people do themselves , like using eye drops . In most cases , Medicare does n't pay for custodial care . '' href = '' WEBSITELINK rel = `` nofollow '' > custodial care -RRB- Most dental care Eye examinations related to prescribing glasses Dentures Cosmetic surgery Acupuncture Hearing aids and exams for fitting them Routine foot care You can go to the medicare.gov website and check on the main page if any test , item or service is covered by Medicare . "}
{"input": "How Do I Go About Getting Life Insurance? ", "output": "To go about getting life insurance , start with looking at how much insurance you might need . Then go to a website that offers instant quotes to get an idea of what it might cost . Finally , call or visit that website or a local agency to discuss your options . They can make sure you qualify for the policy you are considering , and possibly even help you find something more suitable or at a lower cost . From there you apply , do an exam in your home -LRB- if needed -RRB- and wait for your agent to let you know when you are approved . You will get a copy of your policy to keep . "}
{"input": "How Do I Go About Getting Life Insurance? ", "output": "There are several online brokerage companies that feature life insurance search engines that display a spreadsheet of companies by premium cost . If you 're honest about your health condition , the quotes will be relatively close to the actual offer . Most online applications are not taken by the applicant because of a lack of full disclosure on their medical condition . "}
{"input": "Does Renters Insurance Cover Above Ground Pools? ", "output": "I am not quite sure what you are asking here , so I will try and answer two questions . First , renters insurance will not cover any direct physical damage to an above ground pool caused by the common perils . Second , it will cover physical damage to the pool caused by your negligence . An example of this could be you leave numerous pressurized containers in your rented space , which , due to the summer heat , explode and damage the pool . So , no all perils damage , but you can get coverage for your negligence . "}
{"input": "Is Life Insurance A Tax Shelter? ", "output": "Properly structured and executed permanent life insurance policies accumulate cash values tax free , then distribute them to the policy owner tax free in the form of loans , or tax free to the beneficiary upon death of the insured . Thus , they can be viewed as a tax shelter in some situations , especially since there is no limit -LRB- except financial justification -RRB- to the amount that can be contributed to them . NOTE : Values above basis -LRB- face amount -RRB- of the policy can be taxed , interest on the death benefit can be taxed if taken in installments , and estate taxes apply . See your tax attorney and your life insurance agent together for a thorough review of all the implications and advantages of using life insurance as a tax shelter . "}
{"input": "What To Look For In A Home Insurance Policy? ", "output": "You want to make certain that your home is covered for a dollar amount that would allow you to rebuild it should you experience a complete loss . Look at loss of use clauses - this typically provides money for you and your family 's living expenses for up to a year or until your home is rebuilt after experiencing a complete loss . What coverages are provided and what exclusions are there . Are there specific coverages that you want ? Please contact a local agent , they are best equipped to assist you getting your home properly protected . There are too many things to take into consideration when looking at coverage to explain here . "}
{"input": "Where Can I Buy Long Term Care Insurance? ", "output": "You can buy Long Term Care Insurance through brokers or agents who advertise in the Yellow Pages or on the internet . Many Life Insurance agents also sell Long Term Care Insurance because many Life Insurance companies also offer Long Term Care policies . The agent must have special training as required by their state in order to sell Partnership Long Term Care Insurance . "}
{"input": "What Is A Single K Retirement Plan? ", "output": "A single K retirement plan is a one participant 401 -LRB- k -RRB- plan . It is also called uni-k , solo 401 -LRB- k -RRB- , personal -LRB- k -RRB- or individual 401 -LRB- K -RRB- . It is a special kind of retirement plan for sole practitioners such as consultants , store owners and freelance writers , but is a regular 401 -LRB- k -RRB- with the same rules as any other 401 -LRB- k -RRB- . In the single k retirement plan , the single business owner can contribute as both owner and employee . "}
{"input": "Does Progressive Have Renters Insurance? ", "output": "The answer to the question of whether or not Progressive offers renters insurance , depends on where you live.Check with an agent in your state.I can tell you that in California , Progressive does not offer renters or homeowners policies . Perhaps in time they will but for now renters have to go to another company . "}
{"input": "Does Private Health Insurance Cover Rhinoplasty? ", "output": "Insurance does not cover most elective cosmetic surgeries including rhinoplasty . You would have to pay out of pocket , but could take advantage of your insurance network discount if your surgeon is within the network . Isurance will cover the surgery if necessary because of a condition like a deviated septum or the surgery is necessary because of an accident . "}
{"input": "Does Getting A Car Insurance Quote Affect Your Credit? ", "output": "Generally not . While many companies now run credit checks it usually is not really going to affect your credit score a great deal . It will show up as an inquiry . Insurance companies utilize what is called an insurance credit score . This is a little different than your regular credit score . Your credit history is just a part of your total insurance score . "}
{"input": "When Will Medicare Start? ", "output": "For most people , Medicare Part A and Part B will start when you turn age 65 . If you do n't want to receive it then , you can opt out of it , but most people do take Part A at age 65 , even if they are still working . At age 65 you can also choose whether you want to enroll in a drug plan or Advantage plan . "}
{"input": "How Much Does Long Term Disability Insurance Cost? ", "output": "Disability insurance depends on a number of factors . The cost -LRB- your premium -RRB- is based on a number of factors - the most important being your medical history , your job , and your income - and the policies are very customizable . This is a very important type of coverage to have that many do n't think about . It protects one of your greatest assets - your ability to work.If you ca n't work because of an injury or illness , how do you provide income for you and your family . The answer ? Your disability insurance . When you 're buying a disability policy , the MOST important factor in the policy structure is the DEFINITION OF DISABILITY . Each policy will use 1 of the 3 definitions : 1 -RRB- True Own Occupation - this says you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation , even if you are at work in another occupation . In short , this is the most favorable definition you can have . 2 -RRB- Modified Own Occupation - this says that you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation . This one is commonly seen in many individual disability insurance policies . 3 -RRB- Gainful Occupation - this says if you are unable to perform the duties of your occupation or any occupation for which you are qualified for by education , training , or experience due to sickness or injury . In short , this is the least favorable definition . This one is commonly seen in group disability insurance policies through an employer and property and casualty insurers that offer disability coverage . There are many moving parts to disability insurance and is not something I would suggest trying to buy on your own - this is a type of coverage you should consult with an experienced independent disability insurance broker about . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much . "}
{"input": "How Much Does Long Term Disability Insurance Cost? ", "output": "The cost of disability insurance is dependent on gender , age , smoking status and health condition . The first step is to determine your legitimate earnings to establish your compensation . Then you have an important decision to make : pay the premium after tax for a tax free benefit of up to 60 % of your compensation or pay the premium pretax for a taxable benefit up to 80 % of your compensation , provided that you have ability to use the premium as a legitimate business deduction . Depending upon your gender , age , nonsmoking status and good health condition you should be ready to pay 5 to 8 % of your compensation . "}
{"input": "Does Insurance Cover Non Medical Home Care? ", "output": "Long term care insurance would provide coverage for non medical home care . Long Term Care provides a pool of money to pay for help with the needs of daily living through home health care workers who provide a variety of service from specialized professional care to help with househould chores . "}
{"input": "Can I Cancel My Auto Insurance And Change Carriers Anytime? ", "output": "Most likely you can cancel your existing policy . However , some insurance carriers impose midterm cancellation fees , which you may be found responsible for . Also , make sure you cancel the existing policy with the date of the replacement policy became effective on . Your prior insurance carrier will pro-rate your policy and refund you with unearned premium . If you are on a monthly billing , as a result of the pro-rate you may be billed for an additional premium . Remember , that insurance carrier may audit your exposures up to 3 years in the past . "}
{"input": "Can I Cancel My Auto Insurance And Change Carriers Anytime? ", "output": "If in fact you have already purchased new car insurance with another company , then yes , you cartainly can request a cancellation of your previous policy . The old policy should be cancelled effective the date that your new policy went into effect . The request to cancel will be requested in writing for record purposes . YOu can talk to your new insurance professional about that . They will more han likely be able to prepare a standard form for your signature that stipulates the exact cancellation date . This will be signed by you then forwarded to your old carrier for processing . Any refund owed to you will be sent upon the processing of that cancellation . "}
{"input": "What Does Life Insurance Exam Test For? ", "output": "The life insurance exam will test for drug use , nicotine , and evidence of health conditions . This is usually done through a blood test and urine test . The examiner will also usually measure and weigh you , as well as take your pulse and blood pressure . Generally , a list of health questions are asked , even if they are a repeat of the ones you filled out on your application . Exam requirements vary with your age , face amount , and the product and face amount for which you are applying . "}
{"input": "Do Businesses In Florida Have To Offer Health Insurance? ", "output": "The short answer is `` no '' if the company has less than 50 employees . The health insurance market has changed drastically for businesses in Florida . Each business needs to have an analysis of their specific situation done to properly have a game plan going forward . The one good thing is individual plans no longer exclude for pre-existing conditions just like group plans . This may open up options for small business owners in Florida to consider other options . "}
{"input": "How To Cash Out A Term Life Insurance? ", "output": "Actually , if you dont make a premium payment , you have effectively cashed out your term insurance policy . The policy will allow you to make payments though the term of the policy but if you chose to stop making payments , the company will terminate coverage as soon as the grace period passes . "}
{"input": "How To Cash Out A Term Life Insurance? ", "output": "To cash out a term policy , you simply cancel it , as there is usually no cash value in a term policy -LRB- unless you have ROP term -RRB- . To cancel it , you can stop making payments . After a one month grace period , the policy will lapse . Or you can call the insurance company to cancel your policy . If you are paying by automatic withdrawal from a checking account , that is the better approach , because otherwise there may be a charge from the bank . "}
{"input": "How To Cash Out A Term Life Insurance? ", "output": "Generally speaking , term life insurance has no cash value . Some term policies have what 's called a return of premium rider that , if held for the contract period , can return the premium outlay to the policy owner . Some policy owners sell their term life insurance policies during the conversion period to the life settlement market for cash based on their life expectancy . "}
{"input": "At What Age Is Car Insurance Cheapest? ", "output": "OK this is a blanket answer as this can very by company but between 30-55 on average your looking at your best rates depending on driving record of course . Once you start getting older the rates actually start to climb again since by experience reaction time starts to slow and you see a rise in incidents . "}
{"input": "At What Age Is Car Insurance Cheapest? ", "output": "Your rates start dropping after the age of 25 depending on your driving history and coverage 's . But the average what I call the sweet spot age for the best rates for insurance in Montana is 40 to 50 also that depend on many factors such as credit and driving history and also the area you live in . "}
{"input": "Can You Cancel A Renters Insurance Policy? ", "output": "A renters insurance policy can be terminated by the insured at any time . Most carriers require a signed and dated request to be delivered in order to cancel the policy . A refund for the unearned portion of the premium would be sent to the insured . If there is a change of address following the cancellation , the cancellation request should indicate the new address for the purpose of final correspondence and the refund -LRB- if applicable -RRB- . "}
{"input": "Can You Cancel A Renters Insurance Policy? ", "output": "An insured at his or her discretion may cancel any insurance policy at anytime . However if you are in a contract that is obligating you to maintain insurance make sure you replace the policy in question with another policy before cancelling your current policy . Talk to your local agent on how to terminate an existing policy . "}
{"input": "What Type Of Auto Insurance Coverage Do I Need? ", "output": "At a minimum carry the auto liability insurance required to operate your car in your state . If you can , carry enough liability insurance to protect you and your assets in the event of a collision . If your lender requires physical damage insurance , you will need to have that coverage as well . If you have significant assets consider an umbrella policy to raise the limits of liability to multiple millions in the event of a catastrophic crash . "}
{"input": "What Type Of Auto Insurance Coverage Do I Need? ", "output": "Most states , if not all , have laws on the books that require at lease a specified minimum amount of Liability and uninsured motorist coverage -LRB- UMC -RRB- in order to register a care for use on public roads and highways . That as I say will be the rock bottom minimum . If however , you are purchasing a new car , your finance company will also require you to carry both Comprehensive and Collision physical damage coverage . If you lease , they will further require you to carry a higher level of Liability and uninsured motorist protection . If you are a property owner of have a higher net worth , you should consider higher liability and UMC anyway . Talk about other optional coverage that may be available with your Insurance Professional . "}
{"input": "What Type Of Auto Insurance Coverage Do I Need? ", "output": "That 's a great question ! Your State will have some rules as to exactly what the minimum coverage that you will need to carry ; Your bank will expect some more coverage if you are getting the car financed . Your best bet is to contact a local agent , and have them walk you through exactly what you need to have , and what will fit you best . Thank you for asking ! "}
{"input": "Where To Get Individual Disability Insurance? ", "output": "You can get individual disability insurance from many of the same websites or agencies that sell life insurance . When contacting them , ask if they can provide you with three disability insurance quotes to compare . If they can , and if they are able to explain the features of disability insurance to you , that should be a good place to start . "}
{"input": "Where To Get Individual Disability Insurance? ", "output": "You can purchase individual disability insurance from insurance agents and brokers . The policy itself is in under the health insurance category , but life insurance agents often sell it . There are brokers who can shop a number of disability companies for you , or agents like myself , who employ the use of brokers in providing your individual disability insurance quote . "}
{"input": "How Do Private Long-Term Care Insurance Programs Work? ", "output": "Generally , depending on the policy , when you are unable to perform two or three activities of daily living spelled out in your policy , you will file a claim . The policy will then begin paying the caregiver . Some policies only pay for nursing home , some will pay for any type of long term care , even at home care . Some will even pay a family member . Each policy is different , so check with a good agent who can sit down and help you make sure the policy is right for you . "}
{"input": "How Auto Insurance Premiums Are Calculated? ", "output": "This calculation is based upon state law . In California the rate is based upon where the car is located , how many miles it drives each year , the use of the vehicle , the year , make and model of the vehicle and the driving record of the members of the household . "}
{"input": "How Auto Insurance Premiums Are Calculated? ", "output": "Insurance Companies file their rates and underwriting standards with each state 's Insurance Department . The various rates are a result of loss report studies and trends , vehicle values and repair costs , driver data etc. . The actual premium that you pay is determined by a measuring of the various rates and factors as they apply to your situation . Thus your age , location , driving experience and history along with credit are factors . So too is the year make and model of your car , the number of cars you are insuring , how those cars are used and what your claims history may be . Finally any discounts for which you qualify are applied and the result is the premium . "}
{"input": "Why Life Insurance Is Superior To Other Form Of Savings? ", "output": "Why is life insurance a superior form of savings compared to other savings ? Well , superior is maybe not the right word to use . Life insurance offers some flexibility that other forms of savings may not have . First off , cash values are tax advantaged while growing . Access to funds can happen without tax penalty . Cash values can act as the 6 months emergency funds so many advisors reccomend . Then basically there 's the life insurance side of things which nothing else offers . "}
{"input": "Why Life Insurance Is Superior To Other Form Of Savings? ", "output": "Life insurance is important and unique among savings products because it protects families against financial loss from the death of a loved one with an income tax free death benefit . For many families , a cash value life insurance policy is the largest long term savings asset they own . Retirement annuities are insurance contracts that turn savings into a guaranteed income for life . Thanks to these and other life insurance industry products , families and retirees can enjoy security and peace of mind . One out of every five dollars -LRB- 20 % -RRB- of Americans long-term savings is in life insurance and annuities . The tax treatment of life insurance and retirement annuities encourages people to prepare and plan for the future and thus relieves pressure on government programs . "}
{"input": "Why Life Insurance Is Superior To Other Form Of Savings? ", "output": "I think it is really , really important to evaluate a product based on this : What is it supposed to do , and how well does it do it ? Rocket ships are great for getting you to other planets . Hammers are ideal for driving in nails . Annuities are perfect for drawing down a guaranteed income . And life insurance is tailor-made for providing your heirs with the exact amount of money they will need , exactly when they will need it , in the most cost-effective way . You just can not beat life insurance for this job . Having said all this , the cash value of life insurance is a great added benefit . With a good product from a solid company , it would be hard to beat the guaranteed cash rate . It would also be hard to top the tax advantages with regards to accumulating and distributing the cash . But it must be remembered that all these advantages are secondary to the main purpose of the product . So , you never want to buy the product - or manage the cash - only to shortchange your beneficiary . "}
{"input": "Why Can'T Health Insurance Be Sold Across State Lines? ", "output": "Under the current system , health insurance can not be sold across state lines . But would it make a big difference in healthcare costs ? Probably not that much . Tort reform , however , may substantially reduce rates as would a healthcare system based on the HSA concept with state high risk pools . Maybe some day ... "}
{"input": "What Is The Difference Between Medicare And Medigap? ", "output": "Medicare is a taxpayer funded , government run health insurance program designed primarily for those age 65 and older . Some will qualify at a younger age if they are disabled under Social Security guidelines . Medicare has 2 primary lines of coverage . Part A is the hospital portion , Part B is outpatient care . Medigap -LRB- Medicare supplement -RRB- is designed to pay for things approved under Part A and B but not paid by Medicare due to deductibles and coinsurance . "}
{"input": "How Much Auto Insurance To Buy? ", "output": "When asked how much auto insurance to purchase we are generally talking about liability . One of the things you need to look at are your assets . Are you a homeowner for example . Do you have a well paying job . These are the things lawyers are going to look at if you injury or cause property damage to another party . If you do not carry high enough limits for your insurance company to pay for a potential large loss you risk being sued for the difference . I recommoned you carry the highest liability limits you can afford to protected your assets . "}
{"input": "How Do Deferred Income Annuities Work? ", "output": "The basic annuity is an immediate annuity . That means within one year of receiving the deposit the insurance company will start paying a lifetime of monthly benefits for the balance of the annuitants life . A deferred annuity means that the income stream will start more than one year after the initial deposit . Most deferred annuities allow owners to make further deposits until they are ready to receive the monthly income payments or surrender the contract for cash . The interest earned on the money deposited does not incur immediate income taxation . It will normally be taxed as ordinary income when benefits start being paid . "}
{"input": "Can I Withdraw Money From My Retirement Plan? ", "output": "Retirement plans , weather qualified or no-qualified are personal property or assets . Each plan and it 's associated product may have penalties and surrender charges as ell as possible ordinary tax consequences for withdrawals . Qualified plans general spell out the ramifications of withdrawals in the retirement plan documents.While reviewing those documents , search for the borrowing provisions of the plan that may be a better option than withdrawing . "}
{"input": "Can I Withdraw Money From My Retirement Plan? ", "output": "It 's your money , so you can withdraw money from your retirement plan . But should you ? Your retirement plan should be the last resource for money needs . Withdrawals are treated as an ordinary income tax event and will trigger a 10 % penalty for early withdrawal if you 're under 59\u00a01/2 . You could borrow , but there is an interest charge and a payback schedule for most plans . "}
{"input": "When Should I Buy Rental Car Insurance? ", "output": "If you own a car and have your own auto insurance policy it still may make sense to carry the coverage that a rental car company offers . Most auto insurance companies will extend the liability and physical damage coverage to a car you rent . However , they usually will not cover `` loss of use '' . Even though your insurance will normally fix the car , the rental company will bill you for the daily rental of that car until it 's repaired and put back into service . Your auto insurance wo n't usually cover this cost . Think about it this way : if the car costs $ 30/day to rent and it takes 2 weeks to fix it and put it back in service , the rental car company will expect you to pay that $ 420 that it could have gotten if they had the car to rent . Their coverage will normally waive these costs . If you do n't carry physical damage on your own car , then you also have no physical damage coverage on a rental car . So , if you do n't have your own auto policy , or you do n't have physical damage coverage on your policy , I would recommend taking the rental company 's coverage . I would also recommend it if you do n't want to run the risk of having to pay loss of use charges after an accident . "}
{"input": "How To Go About Getting Renters Insurance? ", "output": "Call a Local Agent . If you already have Auto Insurance or another line with a company , you will probably get a discount for `` bundling '' your coverages together . Otherwise , there are a few questions to answer about your stuff and the building and you should be able to get covered right away ! "}
{"input": "Can Life Insurance Tell If You Smoke? ", "output": "When you take a life insurance exam , the life insurance company can tell that you smoke by your blood and urine tests . If you do not take an exam , they will not have evidence of your tobacco use , unless they order medical records and it is noted in your medical records . However , they almost always ask whether you smoke on the application . You are expected to be truthful on the application for your policy to be a valid contract . "}
{"input": "Can Life Insurance Tell If You Smoke? ", "output": "Life insurance is a mortality product . Smoking directly effects mortality . The application requires you to answer truthfully regarding your smoking status . The life insurance company may also require a urine analysis that can detect cotinine the byproduct of nicotine . Any attempt to miss represent material fact on an application can lead to the denial of a claim and/or be construed as fraud . "}
{"input": "Can Life Insurance Tell If You Smoke? ", "output": "Yes , if the life insurance company does any type of a paramed exam , they will test you for nicotine . Whether they use a cheek swab , blood draw or urine sample , this is one of the top items tested . Typically smoker rates are charged two and half to three times the premiums of a non-tobacco user as it is proven to shorten one 's life . Here is something to keep in mind . Underwriters test for cotine not nicotine . Nicotine can leave the body within a couple of days for an occasional smoker . Cotine stays in the body 's system for up to 14 days . For a heavy smoker , nicotine gum or patch user , it takes a longer period of time to cleanse the system of all bad chemicals . "}
{"input": "Can Life Insurance Tell If You Smoke? ", "output": "If you take a life insurance policy that requires an exam , the exam will test for nicotine in the urine , blood , and/or saliva . They will ask about smoking on the application and if medical records are ordered , they will check those to see if there is a note that the patient smokes . "}
{"input": "What Is Private Long Term Care Insurance? ", "output": "Private long term care insurance is coverage that you purchase yourself . It is available from a handful of carriers although the pool of companies is shrinking . In recent years , some major companies have stopped offering new plans although they continue to service existing business . A full-time financial planner or broker is your best resource for learning about the different benefits offered and how to properly shop . "}
{"input": "How Much Is Renters Insurance For A One Bedroom Apartment? ", "output": "Renters Insurance unlike Homeowners is not giving you coverage on the structure , rather the contents . Therefore , the amount of rooms does n't matter . Now if you are doing a calculation of personal property , it will most likely calculate a lower dollar amount than a two bedroom , because it is assumed there is stuff in each room . "}
{"input": "How To Get Health Insurance Through Obamacare? ", "output": "How to get health insurance through Obamacare is relatively simple . The Affordable Care Act -LRB- ACA -RRB- has established an Open Enrollment through March 31st of 2014 . During this time , you do not have to answer medical questions and you can not be turned down for medical reasons . You also may qualify for up to 100 % of your premium being paid by the new federal subsidy . Where To Get Best Health Exchange Rates As an experienced broker , our websites are the perfect resource for finding the best Health Exchange prices in your state . You can provide your zip code and view the most affordable options for single or family plans . The application process is easy and no medical questions are asked . As your broker , we are able to provide the lowest rates allowed by each state and you 'll receive expert and unbiased advice regarding the selection of plans . Our biography will detail the specific website to visit . Of course , there are never any costs or obligations . "}
{"input": "How To Get Health Insurance Through Obamacare? ", "output": "That is a great question ! The easiest way is to go to the Affordable Care act -LRB- Obamacare -RRB- website at WEBSITELINK website during the open enrollment period . If you need it before then , you may be able to qualify for a short term plan , but I 'd be careful , and read the fine print . Not all off marketplace policies will come with subsidies , and may cost you a lot more in the long run . Thanks for asking ! "}
{"input": "Who Has The Best Rate On A Variable Annuity? ", "output": "In Canada , variable annuities are usually referred to as segregated funds or seg funds . In addition , there is a type of immediate annuity that could be considered a variable annuity . Determining who has the `` best rate '' is not as simple as it sounds . Seg funds are similar to mutual funds with your money invested in `` units '' that can rise or fall in value . Like any investment , you can look at past performance of the underlying fund , but that is no guarantee of future performance . Since segregated funds are issued by insurance companies , they contain minimum maturity and death guarantees . Some offer resetting or the locking in of investment gains and other valuable features . The immediate annuity with a variable component , is a payout annuity where you exchange a lump sum for an income . Part of the income you receive is dependent on the performance of fund chosen . An independent insurance broker is in a position to advise you of the different features , so you can select the plan that is right for you for accumulation or retirement income . This is a basic overview of a potentially complex subject . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Does SIPC Cover Fixed Annuities? ", "output": "SPIC does not cover fixed annuities . Annuities contracts are only as good as the insurance company that issued the annuity policy.There are several rating services that monitor the claims paying ability and/or financial strength of an insurance company . Due care and buyer beware are on the onus of the recommendation of the adviser . "}
{"input": "Does SIPC Cover Fixed Annuities? ", "output": "Securities Investor Protection Corporation is involved with traded securities . A fixed annuity is not a traded security . A fixed annuity is a contract between you and the insurance company . Your state insurance commissioner works to make sure that the insurance company keeps all of its promises . "}
{"input": "Where Can I Find Home Owners Insurance After Being Dropped For 3 Claims In 3 Years? ", "output": "Most states offer a plan to insure difficult risks . Talk to your agent . Even top tier companies will accept such a risk if there has been active steps taken to preclude future losses and the losses dont appear to be the result of a moral hazard . I agree with my colleagues , though , you may find the risk difficult to insure and should anticipate increased cost . "}
{"input": "Where Can I Find Home Owners Insurance After Being Dropped For 3 Claims In 3 Years? ", "output": "That is going to be a tough property to insure . In most states home owner policies are a voluntary product , which means that the insurance companies can be very picky about whom they choose to insure . In your case , you have a history of claims -LRB- frequency -RRB- that will leave most of the larger insurance companies unwilling to offer you a quote . I would contact a local independent agent that will be able to place your coverage with a `` second tier '' company . The premiums will be higher , as well as the deductibles , and the product will not have all the bells and whistles of the larger companies , but you will get coverage . "}
{"input": "Where Can I Find Home Owners Insurance After Being Dropped For 3 Claims In 3 Years? ", "output": "You may have difficulty and certainly you may find coverage but at a price that is potentially quite a bit more than you are used to paying . Talk to your Insurance Professional to see if there may be companies that offer standard coverage in higher risk situations . Beyond that , in Connecticut as in other states , there is a program available called the `` Fair Access to Insurance Requierments '' -LRB- FAIR -RRB- . This is specifically available to provide coverage , albeit limited , for higher risk residential properties . "}
{"input": "How Do I Find My Medicare Number? ", "output": "Your Medicare number is on your Medicare card . For most people it is their Social Security number followed by a letter . The letter A means you are a wage earner . The letter B means you are the spouse of a wage earner and you are 62 or older . In some cases your Medicare number will be your spouses SSN . "}
{"input": "What Is A Declaration Of Homeowners Insurance? ", "output": "The declarations contain the specific information that tailors the homeowners policy to be your homeowners policy . It lists you and your lender ; it has the limits , prices and other important information . There is a list on the declaration that shows pages that are attached to comprise the entire policy . That list can be quite important and should not be overlooked when you receive your policy . "}
{"input": "What Is A Declaration Of Homeowners Insurance? ", "output": "The Declaration Page of your policy outlines your specific coverage for the policy as issued by your insurance company . The `` Dec Page '' will show the effective date that the policy period began as well as it 's expiration date which is usually 1 year later . It will list your mortgage company and will also include your name and mailing address as well as the property address if different . It will then list the specific coverage for you dwelling , personal property , additional structures and Liability as well as the property deductible . If there are any it will list any inside limits to certain categories of personal property like jewelry , camera equipment etc. . Finally it will list the distance you are to a fire hydrant and/or fire station and the Fire rating classification as well as your annual premium . Your complete policy consists of the declaration , the Policy Jacket which outlines the broad language coverage that the policy provides as well as it limitations and exclusions , and any applicable endorsements . "}
{"input": "Do covered porches figure into the square footage of a dwelling for insurance purposes? ", "output": "Yes , they do . When calculating the reconstruction amount of a home , the agent must take into consideration all elements of the structure and that does include covered porches , decks , open porches and the like . The point is that in order to properly evaluate what it would cost to replace your home as is with building materials of like kind and quality , accuracy is critical . "}
{"input": "Do covered porches figure into the square footage of a dwelling for insurance purposes? ", "output": "I just completed an estimated replacement cost for a home with a covered porch . Yes , it did take the cost of replacing that covered porch into the estimate for rebuilding the home . It isnt treated as though it were a finished part of the house but merely the cost of replacing the roof over the porch . "}
{"input": "How Bad Are Variable Annuities? ", "output": "Products in and of themselves are not bad . That being said , some variable annuities may not be a value proposition for the consumer . Consumers with a high tax bracket and a risk tolerance for market investments may find the tax deferral feature an attractive opportunity . The issue with variable annuities is the policy expenses . "}
{"input": "How Much Are Premiums For Long Term Care Insurance? ", "output": "The cost of long term care depends on your gender , age , smoking status , health history and current medical condition . It also depends on how you structure the length of coverage and elimination periods as well as any addition riders like an inflation rider . A non smoking 60 year old male in good health purchasing full long term care benefits with an inflation rider may pay $ 300 a month . "}
{"input": "Where Does Medigap Fit In With Medicare And Medicaid? ", "output": "Medigap is a supplemental health insurance policy that can be purchased to go along with Medicare Part A and Part B . It is used to cover the costs that Medicare does not cover . Medigap does not fit in with Medicaid as Medicaid covers all medical costs and does not have the `` gaps '' of coverage that Medicare does . "}
{"input": "What To Look For In Critical Illness Insurance? ", "output": "Some things to look for in buying Critical Illness Insurance are the type of illnesses that are covered , whether they will pay 100 % or a portion of the benefit , whether you need to survive a certain number of days to collect on it , exclusions based on family history , whether the policy can be paid up in a certain number of years , whether premiums can be returned in a certain number of years , and whether the policy is guaranteed renewable . "}
{"input": "What Are Medicare J Codes? ", "output": "Medicare J codes are used to determine what reimbursement should be given to Medicare providers of injectable drugs that ordinarily can not be self-administered . These include chemotherapy , immunosuppressive drugs , inhalation solutions and some orally administered drugs . They must be medically necessary , can not be self-administered , and are not immunizations , "}
{"input": "Does Homeowners Insurance Cover AC Replacement? ", "output": "It really depends on what happened to the Air Conditioning unit . If the unit simply broke down there would be no coverage as this is not a standard peril of insurance polices . You would actually need equipment breakdown coverage which some insurance carriers are starting to offer as an added coverage . If the AC unit was destroyed by fire , or vandalized or damaged in a storm there would be coverage "}
{"input": "Can Renters Buy Flood Insurance? ", "output": "You do n't have to be a building owner to purchase flood insurance . Renters of an apartment or house can purchase flood insurance for personal belongings in their rented home , just as business owners who lease commercial space can purchase flood insurance for business property in their leased business location . And if your home or business is located in a moderate-to-low risk area for flooding , you may be eligible for coverage at a preferred rate . Preferred Risk Policy premiums might be more affordable than you think . Now is a great time to contact your local agent or broker to learn more . "}
{"input": "What Is Medicare Pffs? ", "output": "PFFS stands for Private Fee For Service . A Private Fee For Service plan is a type of Medicare Advantage plan under Part C of Medicare . This type of plan is sold through private insurance companies . The plan determines how much it will pay doctors and hospitals at the time of the care . You will need to present your plan ID card every time you go for a doctor or hospital visit . The doctor 's office/hospital has to agree to the plan 's terms and conditions on each visit - they reserve the right to accept it one time and then refuse it another . In the event of an emergency , doctors and hospitals must treat you . "}
{"input": "Why Aviva For Annuities? ", "output": "How about why not Aviva ... Aviva sold their US portfolio to Athene . This means that Aviva no longer does business in the US and all previous Aviva policyholders are now Athene clients . If you currently have a policy with Aviva and there is anything specific I can help you with please do n't hesitate to ask . I have clients that were with Aviva and are now with Athene . "}
{"input": "Who Has The Most Affordable Renters Insurance? ", "output": "Renters Insurance is like most Insurance base on a lot of different factors for which then a price is base off . Remember the amount of coverage you need for your personal items , location of your residence and if you have any schedule belongings will affect the rate . One of the biggest factor used is credit . Try combining your Auto with your renters to see which give you the best rate plus coverage . So like I always tell my clients or prospect there ins ' t one specific company that is the cheapest in one single area . If there was then there would one company in the world insuring that specific policy . Also do n't forget to check the companies Am Best rating to see their financial strength . Thank you and goo luck . "}
{"input": "Who Has The Most Affordable Renters Insurance? ", "output": "Great question ! All companies have different rating factors like credit , claims history , age , area that you live in , type of property , etc. . The amount of coverage that you request will also affect the premium . It is always best to bundle all of your insurance policies with one comapny to capitalize on as many discounts as possible . "}
{"input": "Who Is A Retirement Plan Fiduciary? ", "output": "The retirement plan fiduciary on an employee group plan defaults to the employer , generally the business owner , or certain executives of the company -- either CEO , COO , or CFO . If the employer chooses , it can designate a different fiduciary to manage the plan to remove itself from fiduciary responsibilities . To find the fiduciary , one simply needs to look at the form 5500 filing to determine who is acting as the plan fiduciary . "}
{"input": "When Does Long Term Care Insurance Start? ", "output": "Long Term Care Insurance starts paying when the insured person can no longer care for themselves without personal assistance , and when the days of the elimination period have passed . There used to be a trigger that would allow the benefit to be paid if a doctor said that long term care was needed , but almost no policies include this trigger any more . "}
{"input": "What Questions To Ask When Getting Renters Insurance? ", "output": "When getting renter 's insurance some of the issues that are important are whether you can qualify for a policy and what rate you will pay . The benefits are important since there will be differences in coverage amounts from one contract to another . You should also determine the amount of property you have that should be listed on the policy . "}
{"input": "What Questions To Ask When Getting Renters Insurance? ", "output": "If you meet with a competent insurance agent , that agent will know all the appropriate questions . That agent will also listen carefully to you and offer sound financial advice . Finally , that agent will make appropriate recommendations and then communicate clearly with both you and the insurance company . The only other question you need to ask is , who is a competent insurance agent ? Ask that question of your friends , colleagues and neighbors . "}
{"input": "What Questions To Ask When Getting Renters Insurance? ", "output": "Most renters insurance policies provide the same basic coverages . The main coverages that you will want are loss of use , liability , personal property , and availability to have higher value items covered through endorsements . Contact a local agent to discuss your coverage needs and concerns . They will provide you information about the coverage and pricing for the carriers that they work with . "}
{"input": "What Is Contestable Period Life Insurance? ", "output": "All life insurance policies have a two year contestable period . It is the first two years after the policy goes into effect . During the two year contestable period , if death would occur , the insurance company will review the claim to make sure that the health and personal information on the application was correct . If there was a misrepresentation on the application that would have caused the price to be changed or policy to be declined , the policy may not pay the death benefit . During the contestable period , the policy will also not pay for death by suicide . "}
{"input": "When Should Someone Purchase Life Insurance? ", "output": "The time to purchase life insurance is when there is a need for it , and when you can qualify for it . For most people , this begins when they are young adults , getting married , starting families , paying off school loans , buying houses , starting businesses . Of course , any time there is a need for life insurance is a good time to get it . "}
{"input": "When Should Someone Purchase Life Insurance? ", "output": "Life insurance is a protection product for the beneficiaries in your life that would suffer economic harm at your demise such as family members , business partners or charities that depend on your contributions . If you have ongonmg financial liabilities , future obligations or charitable intent , you should have life insurance . "}
{"input": "Which Companies Offer Renters Insurance? ", "output": "Almost all of the insurance carriers that offer homeowners insurance offer renters insurance . I would suggest finding yourself a local agent that you feel comfortable working with as they will be your point of contact in many instances if you should have a question about coverage or a problem with billing or claims . "}
{"input": "What Kind Of Auto Insurance Is Required? ", "output": "Minimum coverage is applied different in every State . In Oregon you are required to carry Liability coverage with a minimum bodily injury/property damage limit at $ 25,000 / $ 50,000 / $ 20000 . This is the minimum coverage to drive legally in the State of Oregon . Your lienholder might have other requirements to protect their investment , and require you to carry comprehensive and collision coverage as well . I always ask clients if you carry the minimum coverage of $ 25,000 and injure someone in an auto accident . Would you be able to pay the difference if they sue you for $ 100,000 . If the answer is no , then you should consider increasing your liability limits . In the State of Oregon you can not file bankruptcy on a judgement from and accident and the difference is normaly paid through wage garnishments and judgements.Its well worth the extra money for the extra protection . "}
{"input": "What Kind Of Auto Insurance Is Required? ", "output": "If your auto is not financed you are only required to carry `` collision and liability '' . However , if that car is financed the financing institution is ging to require Comprehensive , collision , and liability . also , if that car is worth a few dimes more than you can pull out of your pocket each Monday morning yuo would be well advised to carry full coverage because as you know in 1957 we could have purchased that brand new Chevrolet for $ 4000 and today you will need $ 20,000 . "}
{"input": "Where Can I Purchase Disability Insurance? ", "output": "You can purchase Disability Insurance from Life or Health Insurance agents who sell it , or you can purchase it from agencies that exclusively sell DI . Our agency , e.g. consults with Disability Insurance brokers so that we can find the best DI rates for our clients from among an assortment of carriers . "}
{"input": "Where Can I Purchase Disability Insurance? ", "output": "You can purchase Disability Insurance from Life Insurance agencies and websites that sell it . As a product offered by many Life insurance companies , many Life agents also sell Disability Insurance . There are also Disability Insurance brokers , such as the one our agency uses , who specialize only in Disability Insurance and carry products from many Disability Insurance providers . "}
{"input": "Can I Switch From Original Medicare To Medicare Advantage? ", "output": "If you are new to Medicare you can enroll in a Medicare Advantage Plan three months before - the month of - or 3 months after you turn 65 or qualify for Medicare . Otherwise you can only switch during the annual Open Enrollment Period from October 7th thru December 15th . If you have both Medicaid and Medicare or you are getting Extra Help thru Low Income Subsidy you can switch any time . "}
{"input": "How To Create An Irrevocable Life Insurance Trust? ", "output": "To create an Irrevocable Life Insurance Trust -LRB- ILIT -RRB- , start by meeting with your attorney to draft the trust . You yourself will not be able to make changes to it later so it is important to set it up correctly . It is also important that you set up an executor or trustee who you trust -LRB- the attorney who set it up is also often named trustee -RRB- . Then transfer Whole Life or Universal Life into the trust with the assistance of both your attorney and life insurance agent . Existing policies can be transferred with a change of policy owner form . New policies are set up with the irrevocable trust as owner . Once the Irrevocable Life Insurance Trust is active , you can visit with the trust executor about your ongoing wishes . "}
{"input": "Which Medigap Plan Is Right For Me? ", "output": "There is not a clear cut answer to this question . It depends on what benefits you want and how much money you want to spend on a premium . The top of the line Medigap policy is Plan F . It offers the most comprehensive coverage and often the highest premium . The opposite end of the spectrum is Medigap Plan A . It provides some basic benefits at a lower premium . In between are eight other Medigap Plans -LRB- B , C , D , G , K , L , M , N -RRB- all with varying benefits and premiums . It 's best to discuss your specific situation with a Medicare Supplement specialist . You 'll receive benefit information and premiums tailored to your needs . Please feel free to contact me if I can be of further assistance . "}
{"input": "What Is My Blue Medigap? ", "output": "My Blue Medigap is Medicare Supplement insurance through Blue Cross Blue Shield of Michigan . My Blue Medigap offers three Medigap Plans -LRB- A , F , N -RRB- through Blue Care Network . Medigap Plans A , F , N are standardized . The Medigap benefits from one company are the same exact Medigap benefits with another company -- the only difference is price . My Blue Medigap will have a different monthly premiums than other private insurance companies offering Medigap Plans A , F , N. It 's worth contacting an independent agent specializing in Medicare Supplement insurance . We can provide quotes in just a matter of minutes from companies you wo n't see online . We 'll do a side by side comparison showing you which company has the best Medigap price . Please let me know if I can be of further assistance with your specific situation . "}
{"input": "Does Auto Insurance Transfer From An Old Car To A New Car? ", "output": "If you have an insurance policy and sell your car because you purchased a new car you can easily change cars on your policy . Simply call your insurance agent and notify them of the sale of the old car and purchase on the new car and the agent can update your policy . Rates will adjust to take into account the car you chose on a pro-rated basis . "}
{"input": "Is It Worth Having Critical Illness Insurance? ", "output": "I have friends who have collected on critical illness insurance policies , and it definitely was worth it , to them . Insurance is protection against the unknown , so one never knows whether it will be worth it for you or not . If there are illnesses covered by critical illness policies that run in your family , the policy would most likely have more value to you than to a family that does not appear to carry risk for cancer , stroke , etc. . "}
{"input": "Is It Worth Having Critical Illness Insurance? ", "output": "Critical Care Insurancecould definitely help in the event of a life altering event . I have Life Insurance that has Critical Illness included free of charge . If I was going to buy Critical Illness I would do it with the death benefit . This wayyou have the death benefit and Critical Illness . Here is a good example that will help you out . I have a person who bought 500,000 in a death benefit . If he was diagnosed with Cancer or had a major Critical Illness event he does have the option of accessing up to 90 % of that benefit . It would definitely help him maintain his lifestyle while he is out of work . "}
{"input": "Is It Worth Having Critical Illness Insurance? ", "output": "Yes it is worth having critical illness on your life policy if something happened to you in most cases you could access 90 % of the value now and still have a death benefit in place usually there are no cost for the benefit . Your carrier will provide what it covers in detail and if you were to be sued for some reason if this was an accident your policy in most states ca n't be touched . "}
{"input": "What Is Part D Of Medicare? ", "output": "Part D of Medicare are your stand alone prescription drug plans . These are sold through private insurance companies and are generally paired with Original Medicare -LRB- Parts A & B -RRB- or Original Medicare and a Medicare Supplement -LRB- Medigap -RRB- plan . They can not be sold with a Part C Medicare Advantage plan - if you have a MA plan , you would have to get an MAPD plan if you want drug coverage . "}
{"input": "What Is Part D Of Medicare? ", "output": "Medicare Part D is the federal prescription drug program that 's designed to subsidize the medication costs for medicare beneficiary 's . The plan went into effect on January 1st , 2006 . The program strongly incentives it 's users to choose certain medications over others . In particular it focuses on the use of generic medications over name brands . "}
{"input": "What Is Uninsured Loss Recovery On Car Insurance? ", "output": "If there is an accident and one of the parties is uninsured , the insured drivers insurance would pay the claim under the uninsured motorist portion of their policy . The insurance company would then attempt to recover from the uninsured driver any loss paid by them that would normally have been paid by that persons insurance if that person would have had insurance . "}
{"input": "Does Health Insurance Cover Skydiving? ", "output": "Skydiving , BASE jumping , etc. , are hazardous activities that have been specifically excluded from any health insurance contract I can recall . Certainly you should check the exclusions and limitations section of your group or individual health insurance contract to verify this but there are commonly exclusions for participating in high risk/hazardous activities in both health and life insurance contracts . You would probably need to purchase a policy from a specialty risk carrier to assure your protection if you engage in these kinds of activities . "}
{"input": "Does Health Insurance Cover Skydiving? ", "output": "Great question ! I 'd tell you first of all to check your policies ' exclusions -LRB- what they wo n't cover -RRB- section to be certain , but if you are being treated for terrible things that happen to you if things go wrong , the emergency medical parts are probably covered . You might also want to look at your life insurance policy also , as they tend to have a dim view of skydiving , and may put up a fuss should your chute not have opened , and a claim filed . I hope that helps . Thanks for asking ! "}
{"input": "Does Health Insurance Cover Skydiving? ", "output": "A hospital is still going to treat injuries incurred from skydiving and it would likely be considered as emergency care which would be covered . It would be helpful to look at your health insurance policy to see if there are any exclusions for certain high-risk / hazardous activities . You can also call your health insurance agent or the carrier directly to see what claims the carrier would pay for a given scenario . "}
{"input": "What Is The Best Life Insurance For A 25 Year Old? ", "output": "Life insurance cost depends upon the gender and heath condition of the twenty five year old . Term life insurance can bought very inexpensively . A 100,000 ten year term life insurance cost for a very healthy nonsmoker is $ 85 a year , the female counterpart $ 79 a year . Several life insurance companies are within that price range . "}
{"input": "What Is The Best Life Insurance For A 25 Year Old? ", "output": "What is the best life insurance for a 25 year old ? It 's going to depend on your situation . Are you married ? do you have children ? A mortgage ? What are your obligations ? If they are considerable and income is not , term insurance may provide a solution . However , if you are not debt strapped , now would be a great time to purchase some whole life insurance . Why ? the price will never change but your situation will . You can lock in a fair amount of coverage at a great price . You 'll own it , control it and when life changes -LRB- and it always does -RRB- you will have something in place and working for you , when others are just starting to think about it . "}
{"input": "What Is The Best Life Insurance For A 25 Year Old? ", "output": "Most 25 year old 's are not yet into their highest income earning years , so getting Term life insurance is a good choice if you are pinching pennies . On the other hand , if you are healthy , do n't yet have a family . and have a good paying job , you could purchase an IUL policy that protects your initial investment but still has the potential to build up some income for your retirement years . There is no one right answer for every 25 year old , but an experienced professional can help you select a product best fits your health and financial profile . "}
{"input": "How Much Is Monthly Homeowners Insurance? ", "output": "Homeowners insurance is sold on an annual basis . The monthly payments would depend on the coverage you have and the annual premium . There is no set amount for homeowners insurance , the rates are determined by a number of factors including location , age , construction , safety features , building costs in your area , so each home is rated differently . "}
{"input": "What Does 20 Year Term Life Insurance Mean? ", "output": "20 Year Term Life Insurance means that the policy will not go up in price for 20 years . Usually , the premium is guaranteed not to go up for the entire 20 years . However , some companies guarantee the premium to stay level for only part of the term , e.g. 10 years of the 20 year term . Then after that the premium could possibly go up . There are many guaranteed level term policies for the entire 20 years , so worth it to shop around . Also , it is a very popular policy , so prices are competitive . "}
{"input": "What Does 20 Year Term Life Insurance Mean? ", "output": "Term life insurance is a policy that will remain in force for the specified number of years stated or until the insured dies - whichever comes first , and as long as the premiums are paid . So a 10 year term life is a policy that expires 10 years from the issue date , a 20 year term life is one that expires 20 years from the issue date . "}
{"input": "What Does 20 Year Term Life Insurance Mean? ", "output": "Anytime you see a number in front of term life insurance like 20 year term , this is how long the contract is guaranteed level premiums . You will see 5-10-15-20-25-30-35 year term life policies . The number of years is a contract between the insured and the insurance company that regardless of change of age , health , life style or occupation the contract can not raise your premiums for that specific period of time . However , at the end of the term , you will experience a significant premium increase . "}
{"input": "What Does 20 Year Term Life Insurance Mean? ", "output": "It is a life insurance policy that has a start date and an end date . The length of time between those two dates is 20 years . The policy may have other provisions but the basic form is twenty years of coverage at the premium stated in the policy . It is not permanent insurance . There isnt any cash accumulation . It is very inexpensive . "}
{"input": "I Am 64 When Should I Apply For Medicare? ", "output": "Most people are automatically enrolled in Medicare Part A and Part B when they turn 65 . Your cards should arrive a few months before your 65th birthday . If your birthday falls on the first day of the month your Medicare coverage begins the first of the prior month . If your birthday is July 1 your Medicare begins on June 1 . Otherwise , your coverage begins the first day of the month you turn 65 "}
{"input": "What Are Life Insurance Premiums Determined By? ", "output": "The premium for a life policy are set by two people . The actuary compiles mortality data . From that he develops the premium necessary for the various plans based on a standard risk . The second person is the underwriter . The underwriter looks at the application , medical statements and any tests taken to determine if the applicant is standard . If the applicant isnt standard the underwriter assigns factors that result in an adjusted premium . The company makes an offer to the applicant after the underwriting stating the price necessary to put the insurance into force . "}
{"input": "What Are Life Insurance Premiums Determined By? ", "output": "Premiums for life insurance are determined by a number of factors - some influential factors are mortality tables , the type of product -LRB- e.g. term vs. permanent , fully underwritten or non-medical , etc. -RRB- , the guarantees on the policy , and the carriers ' underwriting guidelines -LRB- some carriers may be more aggressive , some more conservative -RRB- , just to name a few . "}
{"input": "Can You Have Two Insurance Policies On The Same Car? ", "output": "You can but your not supposed to . Having two polices will not addcoverageor multiplycoverage 's All having two polices will do is create a claimnightmareas both companies would have to step in a split the cost or decide who is going to pay . Either way two polices create problems and it 's not worth it . "}
{"input": "Can You Deduct Mutual Fund Expenses? ", "output": "In Canada , mutual fund fees on non-registered accounts are not tax deductible . Fees paid to an advisor to manage an non-registered investment account are tax deductible , however . The advisor fees in a mutual fund are imbedded in the fund . Ask whether you advisor can arrange to change to a class of funds that charges you the advisor trailer fee directly . This way you can deduct it . If you have further questions , or if you feel that I could be of assistance , please do not hesitate to contact me . Mutual funds are often used as part of a retirement plan . If you would like to work with a local Retirement Planner , you could start with a Google search . For example , if you search for : retirement planner Halifax or retirement planning Halifax , my name , along with several others , will come up . You can use the same method to find Retirement Planners in your community . "}
{"input": "How Do I Cancel My Primerica Life Insurance? ", "output": "To cancel life insurance , contact the agent who sold it to you , or contact Primerica directly , and ask them to cancel it . They will provide you with paperwork to sign and fax or mail back to give your legal assent to the cancellation . If there is an automatic withdrawal set up for payments , they may assist you in discontinuing that . You can also cancel Term coverage with most companies by simply not paying on it for two months , after which time it will exceed the grace period and cancel automatically . "}
{"input": "Does Renters Insurance Cover Items Your Car? ", "output": "Your renters policy covers personal property . Most policies have a 10 % limit on property that is not in the residence at the time of loss . If you had $ 30,000 of property coverage and your guitar was stolen from your car , it would be covered up to $ 3,000 . The policy excludes professional equipment . If you advertise on Facebook that you play music for Bah Mitzvahs , expect a decline . "}
{"input": "Is Annuity Distribution Taxable? ", "output": "In most cases yes , you will pay income tax on your annuity income . Since most people use annuities to fund their retirement when income is usually lower , the tax will be according to the reduce income schedule . Funds in an Annuity are tax deferred until you begin taking withdrawals . If the plan is a qualified plan such as an IRA , you can deduct the amount of your payment from your income each year . The IRS has special rules set up for when you begin taking withdrawals and the minimum distribution . Again , you will pay taxes on the distribution . "}
{"input": "Is Annuity Distribution Taxable? ", "output": "Non-qualified annuity distributions of gain are taxable at ordinary income rates . Non-qualified annuity distributions of basis are tax free . Annuity distributions recognize gain first and basis second or last in first out . The exception to the rule is lifetime annuitization where basis is amortized to the annuitants life expectancy as a portion of the payment until its exhausted . This special treatment is called the exclusion ratio , the part of the annuity payment excluded from taxation . All qualified annuities are fully taxable at ordinary income tax rates . "}
{"input": "How Do I Know If I Have Disability Insurance? ", "output": "Finding your disability insurance coverage can be done with a few simple steps . First if you are employed , go to the person in charge of benefits at your comapny . In large companies it would be someone in human resources or smaller companies could be a manager or owner . Simply ask to see a certificate of coverage . There may be two , one short term and one long term disability policy . If you are self employed or unemployed check your check book to see if you have been making payments to an insurance company or if you are drafted by an insurance company . Then call and ask what policies are you paying for . They are always happy to send you a duplicate policy if you ca n't find yours . If you find that no coverage exists and you have been paying into social security by working , you may be eligible for disability through your Social Security . Just Google Social Security Disability for the website . There will be a list of criteria to meet in order to apply . The normal process takes about 9 months to start receiving your benefits . "}
{"input": "Is Globe Life Insurance Reputable? ", "output": "Whether it is Globe or another of the thousands of insurance companies , they are regulated by the state in which they are organized and by your state . Your state insurance commissioner regulates the companies to make sure they have sufficient money to pay their claims and that they are not mistreating you , the customer . I can not say whether Globe is the company you will want to do business with but I think if your trusted insurance agent recommends them , you can probably be assured that they will follow through on the promises that they make . "}
{"input": "Is Globe Life Insurance Reputable? ", "output": "Globe Life is an A + rated insurance company by A.M. Best so their financials provide a stable outlook . One of the big attractions that people look at with Globe Life is the $ 1 for $ 50,000 campaign you see on flyers that come in the mail . No exams , limited health questions , and it can be issued in just a few days . It sounds like a great deal , right ? The important thing to look at when buying any coverage is the structure of the policy and the premiums that you 're paying throughout it 's life rather than just what you 're paying for the first month because chances are ... you 're going to live longer than 1 month into the policy . Some policies offer level premium guarantee periods -LRB- e.g. you 're paying the same premium for 10 years , 15 years , 20 years , or 30 years before the premium can go up , or you 're locking it in for life with a GUL or WL policy -RRB- . Other policies feature banded coverage meaning the premium may be cheaper up front than level premium policies , but they go up when you hit the next age bracket in it 's structure -LRB- typically every 5 years -RRB- . A banded policy can sound like a great thing for the first few years , but if you keep it for a long time it will likely become much more expensive and the cumulative premium that you 've paid can/will be a lot higher than what you would have paid under a level premium policy . When it comes to insurance , sometimes taking a more conservative approach to things can be more advantageous for you in the grand scheme of things than the short pluses you may get in the present . Often times people will buy a cheap policy just to have some coverage and the face amount sounds like a lot of money , but the coverage does n't come close to meeting the needs . It 's always recommended to consult with an experienced broker before buying any coverage to make sure that what you 're looking at buying is suitable and will be the best deal for you . Please feel free to contact me for further assistance . Thanks very much . "}
{"input": "How To Get Homeowners Insurance After Being Dropped? ", "output": "Insurance companies cancel homeowners policies under very strict conditions . If your coverage was cancelled there is probably something about the property that needs immediate attention . When the fault is corrected there will be insurance companies interested in the policy . If the condition is so severe that it can not be repaired , such as erosion near the property line or a massive sink hole , there will still be companies that will provide coverage . You need to contact a property insurance broker who handles impaired risks . "}
{"input": "How To Get Homeowners Insurance After Being Dropped? ", "output": "If your current carrier is dropping your coverage you can begin by contacting other carriers or independant agents within your area to attempt to secure coverage . To the best of my knowledge every state has a coverage pool that is used to get the difficult to insure coverage through companies that operate within that state at a rate that is compatible . "}
{"input": "Does Long Term Care Insurance Cover Alzheimers? ", "output": "Yes , Long Term Care Insurance does cover Alzheimers in most situations . If someone has Alzheimers Disease while applying for Long Term Care Insurance , they will be denied . But if the Alzheimers develops after the policy was purchased , cognitive impairment is one of the triggers for Long Term Care to begin the countdown to making payments . "}
{"input": "Does Long Term Care Insurance Cover Alzheimers? ", "output": "Unless specifically excluded then yes it can cover disability due to Alzheimer 's for up to the limits in the policy . Do not rely on your disability policy to pay for a long term care facility or other types of care . Disability policies can help by providing funds to pay the bills and lost income , but will not be able to pay the high cost of long term care . "}
{"input": "Can My Husband Remove Me From His Health Insurance? ", "output": "Yes , absent some court order , there is no mandatory requirement that a husband or wife provide health insurance for their spouse or children . When one spouse could drop their spouse from their health insurance will depend upon whether they are covered under an individual health insurance policy or a group health insurance policy and , in the case of coverage under a group policy , whether the employer uses a Section 125 plan providing for employees to pay their share of health insurance premiums on a pre-tax basis . In the group policy setting when employees are paying their premiums on a pre-tax basis then changes to coverage are limited to the annual open enrollment period or change of life status events -LRB- e.g. - marriage , divorce , child birth/adoption , loss of other coverage -RRB- . So , you and your spouse ca n't have a fight over the weekend and the your spouse walks into work on Monday and drops you from their group health insurance just out of spite . With individual health policies it is easier to change the coverage level at any month of the policy period . Now , thanks to ObamaCare , which somehow managed to not define a spouse as a dependent for health insurance purposes -LRB- remember `` We 've got to pass the law to find out what 's in it '' from Nancy Pelosi ? -RRB- . This has changed the potential status of spouses being defined as eligible dependents under the personnel policies of some employer 's group health plans . While relatively few employers have dropped coverage for spouses entirely , many employers are beginning to adopt personnel policies that require that employee 's spouses who are employed and have health insurance coverage available through their employer to enroll in their employer 's health plan or some are assessing a penalty or extra charge to spouses who do n't enroll in outside coverage through their employer 's plans . This may create a situation where a person may misunderstand that they are being forced off their spouse 's health plan due to a decision by the spouse 's employer and not the employee themselves . "}
{"input": "What Drugs Does Medicare Part B Cover? ", "output": "The list of drugs that Medicare Part B covers is available at the following website : WEBSITELINK . They are outpatient prescription drugs that you normally would not administer to yourself , such as injectables and infusions . Drugs that are not covered under Part B may be covered under a Medicare Part D plan . "}
{"input": "Is Aflac Life Insurance Good? ", "output": "Aflac life insurance is sold through American Family Life Assurance Company of Columbus and American Family Life Assurance Company of New York , with group policies sold through Continental American Insurance Company . Aflac and its companies were rated A + by AM Best in 2012 . They have been selling good term and permanent products since 1955 . "}
{"input": "How Much Is Car Insurance For A College Student? ", "output": "Car insurance for a college student is often very cheap , depending upon where you live and the type of vehicle you are insuring . Your age , the vehicle , your driving record , and the liability limits and deductibles will all help determine the rate . Also ... a good student discount can potentially reduce premiums and save hundreds of dollars . Other available discounts can also save money , including a reduction if you are more than 300-500 miles from home . How do you get the lowest auto insurance rates for college students ? Let an experienced broker search and compare multiple companies and you 'll save money , time and an immense amount of frustration ! LIVE answer provided by : Ed Harris - Premier car insurance broker for 33 years and owner of several of the nation 's top-rated car insurance websites that offer the lowest prices for consumers . Online quotes in about a minute . "}
{"input": "What Is Life Insurance Maturity Date? ", "output": "The life insurance maturity date is the date that the policy ends or when the proceeds are paid . If Term life , the policy ends and the death benefit is paid at the death of the Insured . If death does not occur during the years of the term , the maturity date passes and no death benefit is paid . In permanent insurance , a maturity date is built into the policy contract , usually rangingfrom age 90 to 121 . At that point , if the Insured is still alive , proceeds are paid to the policy owner . "}
{"input": "Can I Add My Brother To My Health Insurance? ", "output": "Typically , a parent would add your brother to to a health insurance policy that they purchase and you are covered on . If you have a separate policy , you can help pay for coverage on your brother , but it would be a separate policy . If you are close to the same age , his rate should be similar to yours and perhaps lower , depending on health conditions . "}
{"input": "What Type Of Insurance Do I Need To Rent Out My Home? ", "output": "To rent your home the proper insurance is called a DP-3 policy or morecommonlyknown as a Dwelling Fire or Landlord policy . This policy is designed to protect your investment the property along with protection as a landlord for your liability , loss of use , wrongful eviction and personal injury . Talk to your local agent as to the proper coverage for your particular dwelling . "}
{"input": "Does My Insurance Cover A Borrowed Car? ", "output": "That is a great question ! The answer is call your agent and see what if any of your coverage would cover you in the borrowed car . You would want to make sure that you have coverage enough in case something bad were to happen . Check first , just to be safe . Thanks for asking ! "}
{"input": "Does My Insurance Cover A Borrowed Car? ", "output": "It is possible that your personal auto policy does extend coverage onto another car while it temporarily replaces your own . This is something that would be important to discuss with your Insurance Professional of course . Also , keep in mind that if coverage does extend , only the coverage that you have in your policy will apply . So if for example , you have an older car and are not carrying Comprehensive or Collision , then your policy would also not cover such damage in the borrowed car either . . "}
{"input": "Does My Insurance Cover A Borrowed Car? ", "output": "Auto insurance follows the car . The limits of insurance on the car will govern the claim in the event of an accident , even if you are driving someone elses car -LRB- with their permission . -RRB- In the event that the coverage on the car is insufficient your insurance company might provide additional coverage . It would be best to consult your agent about that . "}
{"input": "Does Renters Insurance Cover Storage Areas? ", "output": "Your renters insurance policy will typically provide ten percent of your policy amount to cover your personal items that are not directly within your premise . If you have fifteen thousand dollars of coverage then you would typically have fifteen hundred dollars of coverage for items outside your premise up to the coverage limits for indivual items as listed within the policy . Please read your policy completely to understand what coverage is offered and what exemptions there may be or contatct your local agent to have them go over the policy with you . "}
{"input": "Does Auto Insurance Cover Funeral Expenses? ", "output": "No . Auto insurance pays to repair your car if you wreck it . It can also pay to repair other people 's cars if you hit them . To cover funeral expenses you need life insurance of some sort . There are funeral preneed insurance policies for this specific purpose or you can use any death benefit from any life insurance that is in force at the time of your death . Also your funeral planning insurance wo n't pay for your car to be repaired if you wreck it . "}
{"input": "Is Golden Rule Health Insurance Any Good? ", "output": "While Golden Rule has had cycles of good to bad , since they were purchased several years ago , they have been stabilized . Several years ago , United Healthcare -LRB- UHC -RRB- developed a strategy of growth by acquisition . They specifically wanted to go after companies that specialized in the individual market . They acquired two companies - American Medical Security , headquartered out of Green Bay , WI & Golden Rule . For years , American Medical Security had stronger products and were typically more stable . However , with constant legislative changes , both companies struggled . UHC purchased both of them and merged their operations together , creating the new brand called UnitedOne -LRB- the name Golden Rule isstill oftenused -RRB- . In summary , Golden Rule insurancecan be good ... check with an independent agent to discuss what plan and company might fityour needs best . "}
{"input": "Can I Drive My Parents Car Without Insurance? ", "output": "Insurance follows the car . You , as a driver , do not have auto insurance , an automobile is insured . If your parents automobile is insured , and you are driving it with their permission , the insurance covering the car is in force . If you live apart from your parents and dont have a car or insurance on a car , and you are a licensed driver , you can , with their permission drive their insured car and the car will remain covered . "}
{"input": "What Happens When The Owner Of A Life Insurance Policy Dies? ", "output": "Life insurance is personal property . Policy ownership or change in ownership dictates transfer of property , which may or may not have taxable consequences . This assumes that the policy owner is not the policy insured . In general terms , the death of a married policy owner with no other testament dictates would cause the policy to go into his or her estate and through the marital deduction pass on to the spouse , who could then have the policy ownership changed to their name . Always seek legal counsel when considering ownership changes in personal property . "}
{"input": "What Happens When The Owner Of A Life Insurance Policy Dies? ", "output": "When the owner of a life insurance policy dies , nothing may happen unless the owner is also the insured . If the owner is the insured the policy is terminated and the proceeds are paid to the beneficiary . If the owner is not the insured , the policyholder becomes the new owner and should transferring ownership to a successor . "}
{"input": "What Happens When The Owner Of A Life Insurance Policy Dies? ", "output": "If there is a contingent owner named on the policy , the life insurance policy ownership would pass to the contingent owner . If there is not a contingent owner , the policy would pass through the estate of the person who owned the policy . If the estate was already closed by the time the family found the policy , they can contact the insurer for advice on how to proceed . "}
{"input": "Is Homeowners Insurance Higher With A Pool? ", "output": "Companies have differing eligibility guidelines when it comes to pools . Most will notadd a surchargeto the liability premium for the pool -LRB- though some do -RRB- as long as the pool meets the company ` seligibility guidelines.A fence surrounding the pool that includes a self-latching gate is a must for basically all companies . Even with that , some carriers will still only write the pool if it does not have a diving board or slide . Some carriers are OK with the diving board but not the slide , and vice versa . Some have a height limitforthe board and/or slide . All this to say , it is to your advantage to have several different carriers quote the homeowners insurance once the pool is added . Your current carrier may no longer be the best option . "}
{"input": "Is Homeowners Insurance Higher With A Pool? ", "output": "Insurance companies will not typically charge more for having a pool on the premises . They will , however , require that it is fenced in and meet local guidelines-like a locking gate and child protection systems . Each state has different laws pertaining to pools . You may be ineligible if your pool has a diving board as well . I would check with your local independent insurance agent to find out the rules that are applicable to your area . Hope this answer helps . "}
{"input": "Is Homeowners Insurance Higher With A Pool? ", "output": "Most companies will not charge extra however you must have a locked fence around the pool . Having a pool does present a larger risk so I would highly recommend getting an Umbrella policy . If you already have an Umbrella you will pay extra if you have a pool but it 's well worth it . Several lawsuits have resulted from pool accidents . "}
{"input": "What Items Are Covered By Renters Insurance? ", "output": "Any personal property can be covered under a renters policy . Professional equipment isnt covered , nor is business equipment . There are some limits to coverage contained in the policy , jewelry , guns , collections and money being some of them . Normally the items covered are furniture , clothing , appliances and entertainment systems . "}
{"input": "Does Critical Illness Insurance Cover MS? ", "output": "Some Critical Insurance Illness policies do cover MS and some do not . You would need to review the features of your particular Critical Illness policy to see if it covers a diagnosis of Multiple Sclerosis . The MS can not be a pre-existing condition in order for it to be covered by the policy . "}
{"input": "Does Critical Illness Insurance Cover MS? ", "output": "Some critical illness policies do cover MS , but not all of them . Look over the conditions covered to see if Multiple Sclerosis is listed , and also check to see if it is covered for 100 % of the benefit or if a diagnosis of MS would qualify you for a partial Critical Illness benefit . "}
{"input": "Can You Be On Medicare And Not On Social Security? ", "output": "Yes , and no . You are not required to be receiving your Social Security checks in order to be covered by Medicare , but you -LRB- or your qualifying spouse -RRB- must have had SS wages to qualify for Medicare in most cases . If you -LRB- or your spouse -RRB- do not have enough SS wage quarters you may buy in to Medicare Part A. "}
{"input": "Can I Get Life Insurance After Heart Surgery? ", "output": "Life insurance is generally available to most people . Preconditions , including heart problems , do n't necessarily preclude someone from being insurable . First , you must understand that the issuance of life insurance is primarily dependent upon one 's medical condition . So although you may be limited by the amount of coverage you can obtain you should still be eligible as long as your condition is being treated and you have n't been told by your physician that `` death is imminent within the next 12 months '' . Second , you have to seek out insurers , like myself , who are more flexible with their insurance offerings . For instance , insurer 's such as myself can often issue a policy without a medical exam . "}
{"input": "Can I Get Life Insurance After Heart Surgery? ", "output": "In order to get life insurance after heart surgery , you will usually need to wait at least a year -LRB- unless you are buying guaranteed issued life insurance , which can be issued right away but will have a graded period of at least two years before it pays 100 % -RRB- . Once a year or two is passed , you can get simplified issue life insurance in most states . These may or may not be graded and do have a fairly low minimum face amount -LRB- usually $ 50,000 or less -RRB- . If your heart surgery was a one time event , if you did not have a heart attack -LRB- or the heart attack was mild -RRB- , you now follow a heart healthy lifestyle , and if enough time has passed without event that you have been able to go off blood thinners , you should be able to get a medically underwritten policy . Even if not all these conditions are met , you may be able to get a medically underwritten policy with a `` flat extra '' for some years . Contact an impaired risk agency who understands life insurance for those with a history of heart disease to get your most affordable rate . "}
{"input": "Can I Get Short Term Disability Insurance? ", "output": "Assuming you are healthy , working and generally younger than age 65 , yes you should be able to secure disability insurance coverage . But before you start shopping for short term disability insurance you may have it already in your employer group benefit plan , so talk to your human resource department to find out . If you decide to shop for short term disability insurance , keep in mind that there are really only about a dozen disability companies worth reviewing . You can divide them into two categories : blue and white collar vocations . Once you identify your category the companies to review are few . We can help with that . "}
{"input": "How Does Borrowing From Your Life Insurance Work? ", "output": "If there has been enough cash value accumulation in your life insurance policy to borrow from -LRB- after surrender charges and fees -RRB- , you start by requesting a loan . The money is provided to you by check , or by money deposited to the account from which you pay the premiums . You need to set up a payment plan to pay back the loan with interest in order for your policy to stay intact with the original guarantees . "}
{"input": "Is Medigap Better Than Medicare Advantage? ", "output": "Deciding whether or not Medigap is better than Medicare Advantage is a personal opinion . Many people enjoy both types of health care coverage . One of the great things about Medigap is that you can use your Medicare Supplement insurance plan anywhere Medicare is accepted . You do not have to use a Network of doctors or stay within a service area like Medicare Advantage Plans . On the flip side , many people like Medicare Advantage Plans because the premium is often lower than a Medigap Plan . However , your Out-of-Pocket costs may be higher . The best way to find out which type of Plan works best for you is to contact an independent insurance agent who can help you compare benefits and costs . "}
{"input": "When Is Long Term Care Insurance Worth It? ", "output": "Long-term care is worth it when 1 . A person is capable of affording to pay the premium for at least a base policy . There is no sense buying a long-term care policy only to have to let it go later because one can not afford it anymore . 2 . Assets that are targeted for moving to the next generation need protection against the high cost ofprolonged end-of-life care . 3 . There is a family history of dementia or Alzheimer 's disease , or other debilitating ailment that might be genetically transmitted . 4 . One does not want to be a financial , emotional , or psychological burden to their spouse or adult children . 5 . Quality of care is an issue . 6 . Staying at home for as long as possible if one becomes chronically ill instead of having to go into a care facility is important . 7 . Adult children are willing to pay premiums for a long-term care policy for their parents . Probability statistics are not entirely reliable because we really do n't know what new medical procedures or accommodations may come along in the future that would change the current situation regarding long-term care . But , the best guess I 've seen justified is that about 1 in 6 will need about 2 years of care to perform daily activities before they die . The cost for that in todays dollars depends on where one lives and how long family members can last taking care of a seriously disabled elderly person before they need skilled help . "}
{"input": "What Does State Farm Home Insurance Cover? ", "output": "State Farm , of course , is one of the largest insurers in the US and is very reputable . State Farm , like other major carriers , offers many types of homeowners policies . For example , if you own and occupy the home , the most common policy will cover your structure , contents , detached structures and also provide coverage for medical payments to others , liability and additional living expenses in the event of specific situations . Also , condominium and renter 's policies are offered along with contracts for homes you own but do not occupy . Visiting a reputable insurance website will provide more specific details along with free quotes from additional carriers . "}
{"input": "What Does Optional Life Insurance Mean? ", "output": "Optional life insurance refers to the amount of life insurance that you can purchase through your place of work , that goes beyond the amount of life insurance your employer gives you . You will not have a tax break on this optional life insurance , but you will still be able to take advantage of the group life insurance rates . "}
{"input": "What Is The Best Company For Medigap Insurance? ", "output": "The best Medicare supplemental insurance plan in your state is one that matches your needs and budget . Medigap insurance rates vary considerably by zip code , age , tobacco use and plan . The older you are the higher your Medicare supplement rate will be . The exception is for those who are under age 65 and on disability and Medicare . In most states rates for under age 65 are astronomical . Many carriers offer competitive rates from age 65 to 74 . Above age 74 some plans -LRB- surprisingly -RRB- become more competitive while others less so . Tobacco use often adds 20 % to the rate but can be more , depending on the carrier . Plan F is the most expensive -LRB- and most popular -RRB- followed by D or G -LRB- depending on your state -RRB- , N then Hi F which is the least expensive . You can generally find a site that offers `` instant Medigap quotes '' but keep in mind the most competitive rates are usually not illustrated online . #GeorgiaMedigapPlanRates #GeorgiaMedicarePlans #GaMedigapQuotes "}
{"input": "What Is The Best Company For Medigap Insurance? ", "output": "Medigap plans or medicare supplement plans are standardized by the medicare system , . There are currently 10 Plans available and they are lettered A - N each having slightly different benefits . That means that Plan G from comany xyz and Plan G from company ABC will have the benefits , cost is usually the only difference between medicare supplements sold with the same letter.So it is not necessary to go with the most recognizable name offering the plan desired . "}
{"input": "What Is The Best Company For Medigap Insurance? ", "output": "The actual company you buy your Medigap or Medicare Supplement makes very little difference . All companies are required to sell the exact same thing . They all have the exact same benefits and the same doctors and hospitals take all of them . So you really want to focus on which plan you want not which company you want . Once you select your plan , you just have your broker show you the rates of all the popular companies . Choose a lower priced company because it 's exactly the same as the higher priced companies . "}
{"input": "Is Medicare Part D Good? ", "output": "If youdefinehaving insurance coverage for your prescription drugs when you are age 65 + as `` good '' when prior to the Bush administration 's implementation of this plan seniors on traditional Medicare did n't , then Medicare Part D is definitely a good thing . In fact , some would argue that Medicare Part D , with its pesky reliance on private insurance options and marketplace competition , is the only part of Medicare that has delivered on it 's promises of expanding coverage for a high utilization population segment and managed to come in under initial cost projections . Medicare Part D is just another level of Medicare coverage specifically designed to address prescription drug coverage . As with Medicare supplement plans , different insurance carriers offer Medicare Part D plans with different levels of coverage and price points for consumers to select from during their initial eligibility period and subsequent open enrollment renewal years . This means that the consumer is obliged to shop around because not all Medicare Part D plans are created equal , far from it . Most consumers would be well served to use the services of an insurance broker who is knowledgeable in the various Medicare Part D plans available in their marketplace . "}
{"input": "Does Johns Hopkins Take Medicare? ", "output": "According to John Hopkins ' website on 5-24-2013 , they are particpating for Medicare at John Hopkins University , The John Hopkins Hospital , and John Hopkins Bayview Medical Center . However , these institutions do not contract with Medicare Advantage Plans . To get more information , visit their website and contact John Hopkins at the contact information provided there . WEBSITELINK "}
{"input": "Who Buys Annuities? ", "output": "Annuities are bought by many types of people . Mainly people who are saving for retirement . The majority of annuity owners are 50 or over . it is a retirement savings product that traditionally has lent itself to near-retirees . The closer you get to retirement age , the more conservative your retirement savings should become . This is to help eliminate volatility , which can be very harmful to retirement income . But some types of Annuities can be suitable for younger people too . Variable Annuities offer direct market investments which can be attractive to younger buyers . And Indexed Annuities offer index-linked interest gains , which can act as an in-between to a traditional Fixed Annuity or CD , and a Variable Annuity or other market investment . Many Indexed Annuities offer a Guaranteed Lifetime Income Rider . This rider is now available to people as young as 40 , and a few companies even offer it to any age . This Rider can be an excellent guaranteed source of income for a younger consumer , and supplements other retirement savings very well . "}
{"input": "What Does Health Insurance Out Of Pocket Mean? ", "output": "Out of pocket is the amount you have to pay out of pocket for covered medical expenses . For example if your policy has a $ 10,000 out of pocket max , then the most you would pay for covered medical expenses would be $ 10,000 plus your deductible for that year regardless of how much your actual medical expenses were . The key here is covered medical expenses . If a procedure is not covered the out of pocket for that procedure would not be included in the total out of pocket in your policy . Deductibles and copay 's also typically do not count , so if you go to a doctor and have a $ 20 copay , that $ 20 is not counted in the out of pocket max . "}
{"input": "What Does Health Insurance Out Of Pocket Mean? ", "output": "Health insurance out of pocket generally means the amount you must pay for your share of in network coinsurance , after you have satisfied your deductible . Some plans will include your deductible in your out of pocket limit , but most do n't . Understand the difference . Non-par claims have a separate deductible and out of pocket maximum , or sometimes there is no out of pocket limit . You should also be aware that non-par providers are allowed to balance bill , essentially making your out of pocket meaningless . "}
{"input": "What Is A Face Amount Of A Life Insurance Policy? ", "output": "The face amount of a life insurance policy is the original dollar amount for which the policy was taken out . It is also the amount that is paid to the beneficiary or insured -LRB- if the policy matures -RRB- , minus any loans , or increased by any values stated in the contract . "}
{"input": "What Is A Face Amount Of A Life Insurance Policy? ", "output": "It is the amount of money your beneficiary will recieve upon your or the primary insured . Commony called the death benefit . I personally prefer to call it the loving living benefit . The face amount -LRB- ex . 100,000 -RRB- can be increased by dividend accumulations or by cash surrender value if you have a indexed universal life policy . I usually recommend at least 10 times the amount of money earned by the insured plus other fixed expenses like a home mortgage or business loan.Also the number in the family and for how long they would be dependent . Be very very wise in choosing whom the beneficiary and alternate beneficary will be . "}
{"input": "How Much Should Renters Insurance Be? ", "output": "If you live near me you could expect to buy a renters policy with a limit of $ 25,000 of personal property coverage and $ 300,000 of liability coverage for about $ 15 per month . Having said that , each policy is individually underwritten and premiums vary . Setting the limit is the key issue , not the premium . Get help in setting the right limit and you will be particularly happy if you have a major claim . "}
{"input": "How To Transfer Health Insurance From State To State? ", "output": "How do you transfer health insurance from state to state ? Well in most cases you do n't transfer your health plan , you transfer the fact that you have carried insurance before and should not be subject to pre-existing clauses . That is what `` Portability '' means . You are able to transfer your history of having insurance to a new insurance plan . "}
{"input": "How To Transfer Health Insurance From State To State? ", "output": "Most national carriers issue policies using a national network and can be continued even if you move to another state . Blue Cross plans are an exception . If you have a Blue Cross plan and change your residence to another state you must apply for a new health insurance plan . You can apply for coverage from Blue or another carrier . "}
{"input": "How To Transfer Health Insurance From State To State? ", "output": "Many insurance companies do not have policies that can be transferred from state to state and it is best to ask your provider if they do or not . If it is not potable you most likely would have to re apply in the state you are moving to . US Health Advisors policies are portable to other states . Feel free to contact me for more information . "}
{"input": "How Much Does Homeowners Insurance Cost In New Jersey? ", "output": "The cost of Homeowners Insurance varies based on coverage limits , deductible and options selected . In order to obtain a quote for home insurance , you will need the year built of your home , the square footage of the home , type of roof , security features -LRB- i.e. central station alarm monitoring , smoke detectors , deadbolts etc. . . -RRB- and other items specific to the home . If you wish to utilize a self service online system , we have a link providing an online format to obtain a quote and buy home insurance online in multiple States ; may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK "}
{"input": "Who Pays For Part A Of Medicare? ", "output": "Most people do not pay any premium for Medicare Part A because they are qualified to receive it at no charge . Free premiums are obtained by paying into Medicare for at least 40 quarters , or being the spouse of someone who did , or being disabled , to name a few ways . For them , the Social Security Administration pays the premium . If the Medicare recipient has not earned free premiums , they pay the premium from their own pockets . "}
{"input": "Does Auto Insurance Cover Hitting A Dog? ", "output": "The liability portion of your auto insurance should provide coverage for damages to the owners of the dog and if you have full coverage on your vehicle meaning collision and other than collision then your vehicle damages should also be covered . Please remember every company and every policy is different . Read your policy completely to know what coverage is offered and what exclusions it has or contact your local agent to have them go over the policy coverage and exclusions . "}
{"input": "The Portability Of Health Insurance Is Governed By Which Laws? ", "output": "The Health Insurance Portability and Accountability Act -LRB- commonly referred to as HIPAA -RRB- was created in 1996 and amended ERISA and PHSA . It was designed to standardize how medical data/information is stored and shared across the country to help prevent fraud as well as ensure that plans would be portable , renewable , and accessible to people . "}
{"input": "How Can I Take A Life Insurance Policy Out On My Father? ", "output": "The key to this question is insurable interest . You must have a good reason to buy the insurance . Secondly , you will need your fathers cooperation . Your father must complete non-medical information and may have to submit to some routine procedures such as urinalysis , mouth swab or x-ray . There are subcultures in the USA where this is a common practice to prepare for the inevitable expense of the funeral . "}
{"input": "How Can I Take A Life Insurance Policy Out On My Father? ", "output": "You probably can , yes . In all cases , in order for you to purchase a life insurance policy on another person , you must have an insurable interest in that person . That requirement would it seems be met in this case . Next , however , the person to be insured must also meet the insurance company 's underwriting guidelines in order for them to issue a policy . Coverage in this case , therefore would be subject to your Dad 's current health , his medical history and age among other factors . "}
{"input": "How Can I Take A Life Insurance Policy Out On My Father? ", "output": "Whenever you want to get a Life Insurance policy on another adult , such as your father , all you need to do is fill out the application . What you will need to know is who the owner will be ? Is that going to be your father or you ? Who is paying the premiums ? What is the purpose of the insurance ? Your father will have to sign the application as the applicant/insured . You CAN NOT sign it for him . Be sure to have all the facts straight regarding his medical history as well . Last , I highly recommend working with a broker to help you through this process which will get the application through underwriting that much faster . "}
{"input": "How Can I Take A Life Insurance Policy Out On My Father? ", "output": "The first step in taking out a life insurance policy on your father would be to talk it over with him . That shows respect , can avoid hard feelings , and also helps ensure that he will not back out at some point in the process . Most children only need a small policy on their parents , and you should be able to easily find him a small policy that does not require an exam . However , if you are taking out a policy on your father that requires a large face amount -LRB- e.g. so that you can buy out his share of his business when he dies -RRB- and that will entail an exam . Ask him ahead of time if he is OK with taking the exam . Get a list of his medications , what health conditions he has had , and his height and weight , then shop for the best rate . If you do not have all that information , you may end up putting your father through a discouraging decline that could have been avoided . With this arsenal of information , you can find his best price and make it into a more satisfying exercise for both of you . "}
{"input": "What Is The Average Car Insurance Rate For A Teenager? ", "output": "In California it isnt age but experience that determines the classification of a driver . Drivers with less than three years of experience as licensed drivers pay the most , with those with less than 8 years paying more than normal . Interestingly there is also a premium change that occurs as the drivers age . The exact amount of these premiums is best determined by consulting with a licensed trusted insurance agent . "}
{"input": "Where Do I Find Cheap Health Insurance In Ohio? ", "output": "Fortunately , Ohio features some of the least expensive health insurance rates in the US . The major carriers in the state are Anthem Blue Cross , UnitedHealthcare -LRB- Golden Rule -RRB- , Medical Mutual , Aetna and Humana . Assurant and Celtic also offer coverage although their prices are not always competitive . SummaCare , Kaiser and HealthAmerica offer plans in portions of Northern Ohio . Reputable websites and/or experienced brokers can often offer policies to consumers . Typically , individual , family and small-business plans are available . Of course , in 2014 , policies can be purchased -LRB- with help from a broker , if needed -RRB- through the Ohio Health Exchange , a `` marketplace '' created from `` The Affordable Care Act . '' Federal tax subsidies will be available to those persons that qualify . "}
{"input": "Where Do I Find Cheap Health Insurance In Ohio? ", "output": "I like to recommend finding a good local independent agent in your area who specializes in health insurance and is knowledgeable with the networks and plans most competitive in your area . A local agent can also provide personal service not available from purchasing over the internet or the phone . A local agent may also be able to help with other insurance needs and do a thorough job of making sure you and your family are protected in all areas . "}
{"input": "I take a prescription drug which the manufacturer will reimburse all but $5 a month of my co-pay. My employer set up an HRA and won't allow me to use the drug manu.plan. I must use HRA? ", "output": "The Affordable Care Act does not determine the exact policies an employer can apply in their use of an HRA -LRB- it impacts HRA usage in some other ways but not in the context you are concerned with -RRB- . You did n't provide any details as to how your employer has structured their HRA and whether your employer 's health plan is fully-insured or self-funded . It may be that your employer has structured their plan design so that HRA dollars are used first , this is an allowed arrangement . It may even be that the HRA is limited to particular services . If , as you seem to describe , you have a separate card from the drug manufacturer that covers a substantial portion of the prescription 's cost you may want to discuss with your pharmacist what your out-of-pocket cost for the prescription would be using the discount card and not filing it as a claim against your employer 's health insurance plan . You might even want to shop around as prescription costs can vary significantly from one pharmacy provider to the next . If the discount card is covering most of the cost of your prescription and you are wanting to conserve your HRA dollars then paying out of pocket may be the best way to accomplish that . Also , I would recommend that you have your employer or your employer 's human resources person explain to you in more detail how they have their HRA arrangement set up so that you can most effectively use it going forward . "}
{"input": "How Much Does Individual Health Insurance Cost In Texas? ", "output": "The cost will depend on several factors : age , gender , Zip Code , health status , tobacco use and the plan of benefits you choose . After 1/1/14 , plans will no longer require health status , age orgenderto determine cost but it will probably cost you more to wait . Do a search for `` health insurance '' and you will find several sites to provide quotations . "}
{"input": "What Is Joint Life Insurance Policy? ", "output": "Joint life policies are Life Insurance policies that are written on two lives rather than single , This means that if one of the joint policyholders dies during the term then the benefits would be paid to the use surviving holder . This is only a one time payment and the policy is to insure two lives . On the contrary , in a single policy the policy is written on one person or two people , therefore , becomes separate policies and the benefits are payed for each policy owner . "}
{"input": "What Is Joint Life Insurance Policy? ", "output": "A joint life insurance policy covers two or more lives . When one of the insured persons dies , the policy pays the death benefit and ends . It no longer covers the other insured person . A joint and last survivor policy does not pay when the first person dies , but pays when the last person dies . "}
{"input": "What Is Joint Life Insurance Policy? ", "output": "A joint survivorship life insurance policy is a pretty ingenious creation . The idea is to have two insureds on one policy . Whats so good about that ? From an insurance companys point of view , they dont have to pay the benefit until the second insured dies . This can give them more years to collect and invest premium , than they would have with only one insured . Can you imagine if one of the insureds was much younger than the other say with an older gentleman and his younger new bride ? Decades could pass before a claim will be made . From the insureds point of view , blended underwriting can work very much to their joint advantage . Take the example above . The husband may unfortunately be older , and in ill health . He may be uninsurable , or eligible at a very high rate . However , his younger wife may qualify for the lowest rates available . The premium they would have to pay jointly could be very reasonable . Not only that : the husband may get coverage whereas on his own , that would be impossible . You can see that joint survivorship life insurance can be a very affordable way to cover needs such as estate preservation , and making charitable bequests . "}
{"input": "What Is Joint Life Insurance Policy? ", "output": "Some advantages to Joint Survivor policies is if one of the proposed insured has some medical issues , the policy will take into consideration the health history and still provide a favorable rating . Be sure to look at all your options as the benefits may be different between joint and individual policies . If you have an agent/broker be sure to ask them to run some proposals so you can look at and understand all your options and the benefits of each . "}
{"input": "What Does Group Life Insurance Mean? ", "output": "Group life insurance is life insurance coverage for an employee that is paid for by their employer - the amount is generally for coverage up to the employees salary , or a multiple of their salary -LRB- e.g. 1.5 x or 2x salary -RRB- . Additional coverage is sometimes offered for an additional cost to be paid by the employee . The cost for additional coverage may be lower for a younger person -LRB- in their 20s , 30s , or 40s -RRB- , but group coverage most often has premiums banded in 5 year intervals . For example , a given rate is charged for someone between ages 35-39 , a higher rate for 40-44 , and so on . Please note , while there 's many great aspects to group coverage , there 's also big limitations to it as well : 1 -RRB- You do n't own the coverage 2 -RRB- Coverage is limited . If you want a larger amount of coverage , you will need to purchase an individual policy to provide the supplementing amount . 3 -RRB- If you leave the company , you lose your coverage - this is a HUGE item to keep in mind and a tremendous reason to buy an individual policy . You may have slightly higher premiums with an individual policy , but the pros are substantial - e.g. even if you quit or are fired from the company , you can keep coverage going . 4 -RRB- If you leave your company , some group coverage may allow you to convert your policy to a permanent program to keep it going . However , it is generally extremely expensive to do so and the premiums can be much higher than securing an individual policy . 5 -RRB- The cost of insurance as you get older on a group policy -LRB- e.g. age 55 , 60 , 65 , etc. -RRB- becomes very expensive compared to the cost of buying an individual one . You may want to ask for a list of rates for current employees at those ages as well as retired employees that keep their coverage . "}
{"input": "What Does Group Life Insurance Mean? ", "output": "Group life insurance is an employee benefit sponsored by an employer . My feeling is that it should be treated as icing on the cake , meaning that it can not be considered the main source of security for your family . You have no control over the price you pay - or even if the policy will be in force next year . Better to get your own policy and maintain coverage on your own terms . Make sense ? "}
{"input": "Is Selling My Life Insurance Policy A Good Option For Cash? ", "output": "Video Transcript : Hello everyone , I 'm Steve Savant , syndicated financial columnist and host of the weekly online talk show Steve Savant 's Money : The Name of The Game . I 'm answering questions from insurancelibrary.com , and today 's question is : is selling my life insurance policy a good option for cash ? Well , it is an option for cash , and if you 've owned it for over two years or more , there 's probably a little bit easier way to sell that . It is personal property . You do own it , and I say if your reason for having life insurance still exists , you need to keep it , but if your reason for life insurance , why you bought it , has no longer existing then you may want to look at it about cash . There are several companies out there that will buy your policy depending upon how much you 've put into , your age , and your actual life expectancy . That 's how much you 're going to get for that policy . Is it an option ? Is it personal property for you to sell ? It is , and you should look at this as a last resort , as a backstop for cash reserves in your portfolio . Well , that 's our consumer question for today . If you have any questions , just submit them to www.insurancelibrary.com "}
{"input": "Does Medicare Pay For Ambulance Service? ", "output": "Under Part B of Medicare ambulance services are covered . Medicare will cover 80 % of your ambulance ride if it is a medical emergency and every second counts getting you to a hospital for treatment . There are some non-emergency reasons that Medicare will cover an ambulance ride . If Medicare disagrees with your decision to use an ambulance you will be responsible for 100 % of the charges . In other words do not use an ambulance as an alternate method of transportation if it is not a medical emergency . "}
{"input": "Does Medicare Pay For Ambulance Service? ", "output": "Medical transport services are covered by Medicare , but only if the trip is considered medically necessary . If the reason for using an ambulance was to obtain immediate treatment for a life threatening condition , the charges will most likely be covered . The bigger catch is finding a transport company that accepts assignment . "}
{"input": "How To Save On Home Insurance? ", "output": "The best way to save on your home insurance premiums is to carry as high a deductible as you can afford . Also in most cases carrying auto insurance with the same company as your homeowners insurance will generally get you a better rate . Also things to consider are protective devices such as a central station alarm and upgrades to your home such as roof , electrical , heating and air and plumbing can all potentially come into play . "}
{"input": "Will Medicare Advantage Go Away? ", "output": "Medicare Advantage plans will be around for a long , long time . Sometimes referred to as Medicare Part C , Advantage plans are offered by private insurance carriers that sub-contract with Medicare to provide benefits . Congressional funding for Medicare Advantage will be reduced going forward which will result in fewer available plans , higher premiums , higher out of pocket . "}
{"input": "Can I Get Renters Insurance If I Live With My Parents? ", "output": "You can , but you probably do n't need to . Your parent 's home insurance will cover your personal property since you are a resident relative . One concern would be that they would need to be willing to file a claim on their policy if something happens to your personal property . I have seen college age -LRB- over 18 -RRB- children who live at home buy their own policy so that they are protected for their stuff and they do n't have to worry about what type of coverage their parents have . "}
{"input": "Can I Get Renters Insurance If I Live With My Parents? ", "output": "-- > Normal 0 Im not sure why you would consider separate coverage if you are living with your parents and covered by their policy unless you are living in separate quarters . Notwithstanding that circumstance , your parents policy should include you as an insured as a relative residing with them . Their coverage may be better than coverage you could purchase separately and no additional premium is incurred . Of course , since you are not a named insured , you would not receive correspondence , be able to make changes or be named on any claim checks . If you purchased your own coverage , its possible you could unknowingly create potential claim problems . You would have your own coverage and you would still be an insured under their policy . If a claim occurred , your insurer would ask you the question , Are you covered under any other insurance policy ? If your answer is no , that may be an incorrect statement , considered a misrepresentation and potentially void your claim . If you said yes , the Other Insurance clauses in each policy would come into play . Thats a mess I suggest be avoided . Im not sure what the issues are here , but from an insurance persons point of view , it would be a situation I might prefer to avoid . There are too many potential problems and for a relatively small premium and commission , I would choose to avoid the potential downsides . "}
{"input": "Does State Farm Homeowners Insurance Cover Earthquake Damage? ", "output": "I do n't happen to represent State Farm , however , you will find that damage caused by earth movement will tend to be a very common exclusion in Homeowners ' Insurance policies . My advice would be to talk directly to a State Farm Insurance Professional about the specific terms and conditions of their policy . In most cases , I suspect , you will be able to have that coverage endorsed . "}
{"input": "Does Homeowners Insurance Cover Death Of Owner? ", "output": "If you are concerned about the death of the owner , buy life insurance . Homeowner 's policies are not designed to cover the death of an owner . The loss of the owner will be a far greater loss than the loss of the home in most cases . I have a close friend who lost her husband and later had her house burn to the foundation . She will tell you any day , insure the owner ! "}
{"input": "Does Homeowners Insurance Cover Death Of Owner? ", "output": "Great question ! While there are some policies that will cover a few cases of death , the vast majority will not . Many people assume that homeowners insurance covers much more than it does , so I can not stress enough the importance of understanding exactly what the policy does and does n't cover before purchasing it . There may be cases where Liability coverage may cover , but again , it is a life insurance policy that typically pays as a result of a death , very rarely your homeowners . If I can help you more with this , please feel free to contact me . Thanks for asking ! "}
{"input": "Does Homeowners Insurance Cover Death Of Owner? ", "output": "Interestingly enough , there are Homeowners ' policies that do include some limited coverage for the accidental death of the homeowner and or a resident family member . The death must be , as I said , accidental and must occur on the insured property so there are limitations both in circumstance and settlement amount . It is best to do 2 things if this is a concern . First , check with your Insurance Professional about the specific terms and conditions of your policy . Then , regardless of the coverage that may or may not be in your Homeowners ' policy , have a serious discussion about our Life Insurance needs and make that purchase - today . "}
{"input": "Does Homeowners Insurance Cover Death Of Owner? ", "output": "Homeowners insurance does not cover the death of the owner . Homeowner 's insurance protects the homeowner from sudden losses relating to the structure itself . Life insurance covers the death of the homeowner . Benefits are paid to the policyholders designated beneficiaries . Often the homeowner is also the primary breadwinner , and that income is needed to continue making mortgage payments , and repairs to the property . "}
{"input": "What Is The Advantage Of Medicare Part C? ", "output": "Let 's review the history of Medicare . When Medicare was introduced in 1965 Medicare included Part A -LRB- hospital -RRB- and Part B -LRB- outpatient -RRB- . Then the Part D was added to cover the drugs . So now we have Part A , Part B , and Part D. Part C-Medicare Advantage combines Part A , B , and D into one policy - Part C. Medicare purchasing decisions are based on the question of can I afford to pay for a medicare supplement and a drug plan plus the medicare supplement premium will increase each year . Depending which State and what County that live in many Medicare Advantage Plans -LRB- Part C -RRB- have a zero premium while they include coverage for Part A , B , & D . What is the catch ? First of all you need to understand once you make the decision to go the Medicare Advantage Plan way you will only be able to purchase a medicare supplement plan in the future only if you pass underwriting questions . So if you have developed heart conditions , diabetes , etc. then you will have to stay with Medicare Advantage or be prepared to cover the Part A deductible and all the Part B charges not covered by Medicare . Medicare Advantage has copays that are required each time visit the doctor-typically that range from $ 20 for primary care physician to $ 50 for specialist . Obviously , the more times you go to the doctor the more it pays for you to stay with original medicare "}
{"input": "What Is The Advantage Of Medicare Part C? ", "output": "The advantage of Medicare Part C or a Medicare Advantage plan is the premiums are often $ 0 per month or very low . In addition , you can get a plan that includes a prescription drug benefit . These two things usually catch everyone 's attention and they sometimes over look the down side to a Medicare Advantage Plan . Medicare Advantage plans have a network so you need to make sure you stay within that network at all times . The network for exactly the same plan can change from year to year which frustrates clients . The benefits to the plan you are on can also change the next year . For this reason , a lot of people consider a Medicare Supplement because the benefits can not change from year to year and there is no network to mess with . "}
{"input": "How To Switch Car Insurance Companies? ", "output": "It 's very easy to switch car insurance companies . First , you should find an experienced online broker -LRB- or perhaps a local agent -RRB- that features the best auto insurance prices . They will be able to easily compare prices from top-rated companies . If one of the options improves your coverage and saves you at least 10 % in cost , you can apply , with the hel of the broker for a new policy . Of course , do not cancel an existing policy until you are approved . "}
{"input": "What Is The Monthly Cost Of Home Insurance? ", "output": "Homeowners insurance cost will vary area to area , person to person , amongst other factors . The monthly cost is as individual as the insured and the home being insured . Monthly homeonwers insurance cost based on my experience within my geographic location is about one hundred to two hundred dollars per month . Contact a local agent to obtain a free quote for your homeowners insurance . "}
{"input": "How To Read A Renters Insurance Policy? ", "output": "If you are having difficulty understanding the verbiage in your renters insurance policy . I would suggest that you contact your local agent and schedule a time to meet with them so that they can go over the policy with you and help you understand the coverage offered and any exclusions contained within . "}
{"input": "Does Health Insurance Cover Giving Birth? ", "output": "If you purchased an `` obamacare '' health plan , marternity care is one of the 10 essential health benefits that individual plans must cover . This includes care women receive during labor , delivery , and post-delivery as well as pre-natal care during pregnancy . Make sure to check what your plan does and does not cover if you 're unsure . You can also contact your agent or the carrier directly to get specific plan information . Please feel free to contact me if you have any other questions . Thanks very much . "}
{"input": "Does Health Insurance Cover Giving Birth? ", "output": "Health insurance plans purchased as `` Exchange '' coverage during Open Enrollment or an SEP , covers maternity . This was one of the new required benefits that was deemed a mandate by Obamacare . Although catastrophic and non-Exchange short-term -LRB- non-compliant -RRB- plans do not cover maternity , they are low cost options that can also be considered . "}
{"input": "When Are Annuity Payments Taxable? ", "output": "Non-qualified tax deferred annuities accumulate tax deferred and upon distributions are taxed as ordinary income at the effective tax bracket rate of the annuity policy owner . Basis is distributed tax free . Qualified annuity distributions are taxed as ordinary income at the effective tax bracket rate of the annuity policy owner . There is no basis . "}
{"input": "When Are Annuity Payments Taxable? ", "output": "Annuity payments are taxable as Capitol Gains the year they are received . If the Annuity is used to fund an IRA/401k/SEP , then the annuity payments will be taxable as Income the year they are received . The only exception would be if the Annuity is in a ROTH IRA or 401K . Then the Annuity payments would be Income Tax free assuming all IRS requirements are met . "}
{"input": "What Types Of Medicare Plans Are There? ", "output": "When you qualify for Medicare there are two basic choices , you can keep original Medicare and purchase a Medicare Supplement and Prescription drug plan or you can enroll in a Medicare Advantage Plan . Medicare Supplements have a variety of coverage options . Medicare Advantage Plans basically take the place of original Medicare in that administration is taken over by the insurance company . You have HMO 's . These plans have a network that you MUST use . PPO 's or Preferred Provider Organizations , you can use any provider but the copay 's are less if you stay in network . You also have a few Private Fee For Service plans still out there . These are less popular because even though you can go to any doctor , that doctor can refuse coverage on a visit by visit basis . These are the most common plans available . A good agent specializing in the needs of seniors can go into more detail on how they work and the options available . "}
{"input": "When Is The Best Age To Buy Life Insurance? ", "output": "The age you are now . The time to buy life insurance is the sooner and earlier the better . The younger you are the lower the rate , all other things being equal . And you can lock that rate in for the rest of your life with permanent , and for 20 years with term . What is you became uninsurable ? You can protect your kids the rest of their lives from worrying about insurability . You can protect yourself when you might not be able to do so later . Do it now ! Thank you . GARY LANE . "}
{"input": "When Is The Best Age To Buy Life Insurance? ", "output": "While you 're young and healthy ! It 'll be a lot cheaper than when you 're 60 and have had a heart attack , are diabetic , or have had some other condition that will cause your risk class to be less favorable , which equals higher premiums . The rates will be a lot higher on age alone too - buying $ 1,000,000 of life insurance at 35 and $ 1,000,000 of life insurance at 65 are going to produce very different premiums , regardless of health . Remember though , there has to be a purpose for the benefits and they have to be suitable to you as well . A carrier may not want to approve a policy for you if you 're getting it just cause . There 's many situations that will cause a need for life insurance benefits such as getting married , having a child , and estate planning purposes , just to name a few . Consult with an experienced broker to determine what benefit structure would be most suitable for your specific needs . Please feel free to message me if I can be of further assistance . Thanks very much . "}
{"input": "When Is The Best Age To Buy Life Insurance? ", "output": "You should consider life insurance as soon as you love someone . While there are economic reasons to buy life insurance at an early age , it is the pain of loss that is the prime motivator to buying and keeping life insurance . When you recognize the devastating affect that your death might have on those you love , you have identified the correct time to buy life insurance . "}
{"input": "When Is The Best Age To Buy Life Insurance? ", "output": "My advice is the earliest age that you need it . When someone you love and care about is financially dependent on you or you would saddle them with debt if you were to pass away suddenly , it is time to purchase life insurance . Here is the basic rule of thumb when purchasing life insurance . It will never be more affordable than it is today . We all get older and sicker with each passing day and this adds to risk when purchasing life insurance . "}
{"input": "When Is The Best Age To Buy Life Insurance? ", "output": "That is a great question ! One of the best bits of financial advice I can give you is to buy life insurance as young as you can afford it , and start saving for your retirement as soon as you can also . Life insurance is cheaper when you are young , and in great health , and if purchased when you are young enough , will often allow you to increase the coverage periodically without medical exams . The low price is locked , and never changes . Saving for your future allows more time for your money to work for you , and help secure a better funded retirement . If you would like to know more about this , please contact me . Thank you for asking ! "}
{"input": "When Is The Best Age To Buy Life Insurance? ", "output": "The short answer is at the earliest age you are when you have a need and can afford the premium . One major pricing factor in life insurance is the age of the insured . Younger folks pay less for the benefit coverage because statistically they will be living longer . In most cases they are also in good health and pretty good shape as well , which are additional considered underwriting factors . "}
{"input": "How Does Car Insurance Work When In A Car Accident? ", "output": "Typically when you are involved in an auto accident ; you will call your carrier 's claims department . This number is usually located on your insurance card or you can call your local agent to retrieve it . Most carriers will take some information about the accident over the phone if this is possible and then begin the process of getting the claim processed and helping you get back to where you were before the accident up to you policies limits or the limits of the responsible party 's policy . "}
{"input": "What Is A J Code In Medicare? ", "output": "A J code in Medicare is a code used to identify injectable drugs for purposes of billing . The type of injections for which these drugs can be used are intramuscular , subcutaneous , or IV . J codes are also used to designate the generic name and dosage of oral immunosuppressive drugs for billing purposes . "}
{"input": "Is New York Life Insurance A Public Company? ", "output": "New York Life is not a publically traded company . New York Life is a mutual company . This means their policyholders are owners of the company versus publically traded on the stock exchange . Some types ofNew York Life whole life policies even allow voting rights and dividends for the policyholders . There are both plus and minus to mutual companies versus publically traded companies . "}
{"input": "Is Non Owner Car Insurance Cheaper? ", "output": "Well it depends really . Non owner insurance is primarily designed for those who have lost their license and are in need of insurance to obtain their license back from the DMV . In some cases the individual does not have a car but still needs insurance so a non-owned policy is issued . "}
{"input": "How To Get Out Of A Fixed Annuity? ", "output": "Generally , when you buy an annuity you 're going to keep it for the life of the contract . Annuities can be cancelled early , but you will likely have surrender charges and certain tax implications involved if you do . What kind of annuity you have may have different penalties for surrendering the annuity early . If you surrender the annuity before 59\u00a01/2 , I believe you may/can face a 10 % federal tax penalty on the value of the annuity . You should definitely talk it over with your annuity agent before making any decisions so you know what may happen if you surrender the annuity early . I hope the information is helpful - please feel free to contact me for help or if you have any other questions . Thanks very much . "}
{"input": "How To Get Out Of A Fixed Annuity? ", "output": "A fixed annuity can be put , on-stop or surrendered . If the annuity is surrendered the payout will be subject to surrender charges in the early years of the contract . These surrender charges are much like the charges applied to a bank CD , and the percentage of the total amount declines every year until the surrender charge disappears . "}
{"input": "How To Get Out Of A Fixed Annuity? ", "output": "That is a great question ! If you were my client , the first thing I 'd ask you is why you would want to . You can certainly surrender the annuity , but it can sometimes be a bigger problem than the one that you have . If you have not had the contract long , your withdrawal will be subject to fees , penalties , and possibly taxes . These charges can considerably reduce your payout . If it is a cash flow issue , I 'd look at other alternatives with you , like maybe taking out a loan from your life insurance before ending your annuity . Please contact me if you would like to discuss this a little more . Thank you for asking ! "}
{"input": "Can A Married Couple Have Separate Auto Insurance Policies? ", "output": "An insurance company insures an automobile . People own automobiles and insurance . In California , the auto policy covers every licensed driver in the household . If the husband and wife do not live together and an automobile is owned as separate property , that automobile could be insured separately from those of the spouse . "}
{"input": "Can A Married Couple Have Separate Auto Insurance Policies? ", "output": "Great question ! There are times when you might have separate policies , if there are vehicles that may only be driven by one spouse . An example might be one vehicle is used exclusively for a spouses business . That car would be insured separately from the family car . As Mr. Pipes said , you may also be married , but living apart , and have each vehicle insured separately . Generally , it is cheaper to be together under one policy , unless one spouse has an abysmal drivers record . Thanks for asking ! "}
{"input": "Does Renters Insurance Cover Car Break Ins? ", "output": "An HO4 -LRB- homeowners policy for a renter -RRB- would provide coverage for personal property . Any items that would be deemed `` personal property '' stolen out of a vehicle would fall under the contents portion of the homeowner policy . The homeowner policy would not pay for any damage to the vehicle itself . That would be covered under the comprehensive -LRB- other than colission -RRB- portion of the auto policy if that particular coverage is included on the vehicle . Each policy would have a deductible that would apply if a claim were to be filed on both policies . "}
{"input": "Does Renters Insurance Cover Car Break Ins? ", "output": "If you have a Renters Insurance policy , than more than likely it provides come coverage for your personal property while away from your home . That would include personal property in your car . The renters policy would not proviode any coverage for damage to your car caused by the berak in of course . That would come from the Comprehensive portion of your car insurance policy . "}
{"input": "Does Renters Insurance Cover Car Break Ins? ", "output": "Your renters policy provides coverage for your personal property . Most policies provide that a percentage of the total coverage applies to your personal property when it is away from the residence . That figure is frequently ten per cent . If you have personal property and it is stolen from your car , you can file a claim with your renters policy . Dont forget that there is a deductible on personal property claims . "}
{"input": "When is a Life Insurance Policy regarded as \"in force\"? ", "output": "This is probably a situation where you will want to get some legal advice . I have seen cases explained where it went both ways . The answer to your general question , however , is that the policy does not actually go into effect until the first payment is made and required delivery paperwork is received . What happens so often during life insurance underwriting is that you are not speaking with the person who makes the ultimate decisions . The fact that they told you to send in the first payment sounds like a good move on their part , so that base would at least be covered . But the legalities have to then go by their teams who make those complicated decisions . And far too often , auto generated memos go out without taking into account the whole situation . I say this not as an excuse for insurance companies , but just because we run into this a lot , where their letters have not caught up with current reality . If they had said your husband 's policy was in effect on the day of his death , I think you would have a strong case . But with it being an approval letter , and then how it went down afterwards , I could not say . It certainly can not hurt to ask a legal expert who can advise you , though . Best wishes and my condolences at this difficult time . "}
{"input": "When is a Life Insurance Policy regarded as \"in force\"? ", "output": "Michelle , first I am sorry for your loss . I recently lost my stepson so I fully understand the grieving you are enduring . My prayers and thoughts are with you and your family . Regarding when a policy is in-force . A Life Insurance policy is in force when the delivery requirements along with the premium have been received during the delivery period time frame . For reinstatement 's , the same holds true , once they have approved and received the delivery requirements , the policy would be in-force . Since the approval date is the 6th , with the insured passing away before the approval date , it does sound like the claim would be denied . I wish I could give you better news . If there is anything I can help you with , please let me know . I will do my best to refer you or help you myself . God Bless . Matt Benore "}
{"input": "When is a Life Insurance Policy regarded as \"in force\"? ", "output": "The situation you describe will require legal assistance to unravel . I think that your state insurance commissioner will also want to know what happened . I believe that if the policy has been placed in force , it is in force until it is cancelled . I suspect that you did not receive good advice when the home office told you to make the premium deposit ; however , this is a serious legal issue . "}
{"input": "When is a Life Insurance Policy regarded as \"in force\"? ", "output": "As tragic as the circumstances , I suspect that the answer that will be sustained will be the one that declares the policy was actually in force at the actual time the premium was received . Most policies contain language that says something similar to : `` in consideration of the premiums paid ... '' . Premium is the inducement for the carrier to provide the protection and enter into the contractual agreement to provide coverage . We almost always encourage our life insurance applicants to send premium with an application to invoke any temporary insurance agreements -LRB- provisions for obtaining coverage while the application is considered for issuance -RRB- . When the carrier accepts the application , and there are no counter offers or amendments , the premium payment causes coverage to become effective in most instances . I explain to my customers it is better to be insured while deciding than to take a chance , however small , that conditions will change during the underwriting process or that they may pass unexpectedly while waiting . Nevertheless , you may indeed find legal advice helpful and I am certainly not giving legal advice . Insurance companies are very careful and they act and behave in certain ways because of the experience they have had defending their written contracts . Insurance laws are also under constant review in courts so I suspect you might find legal advice useful . Sorry for your circumstances and good luck with your pursuit of the best possible answer for you . "}
{"input": "When is a Life Insurance Policy regarded as \"in force\"? ", "output": "Michelle in New Jersey , What a sad story ! I 'm sure everyone sympathizes with you as I do , however there are rules that govern pretty much everything as you indicated that you are aware . So the answer to your question : When is a life insurance policy considered `` In Force '' ? is that the policy is in force when all the delivery requirements are met and the first premium is paid . In this case the policy was in force , but then lapsed thus it was no longer in force . Your husband applied for reinstatement , which reinstatement was approved according to your account , however the premium had not yet been paid , nor the approval been given by the insurer when your husband died . Therefore the policy was not in force on your husband 's death and the insurer is not obligated to pay the benefit . Even if your husband had submitted the reinstatement premium with his application for reinstatement , since the company had not approved or accepted the reinstatement before your husband died the policy did not meet the requirements for inforceability . Had he submitted the premium and the company accepted and approved the reinstatement before he died then the policy would have been in force and the company would be obligated to pay the benefit . "}
{"input": "Can You Withdraw Money From A Whole Life Insurance Policy? ", "output": "Participating whole life accumulates cash values . The question has aninherent policyprovision that may have tax ramifications , the word `` withdrawal . '' Withdrawalgenerallyrefers to accessing basis . Participatingwhole life distributes dividends . Dividends are a return of unused premium . Withdrawing your dividends up to basis should be tax free and with no policy charges . If you need to accesscashvalues beyond basis , you need to takeinterestchargingpolicy loans , which are tax free , as long as the policy is kept in force for the life of the insured , Thepolicyloans onparticipatingwhole life insurance are spread loans or direct recognition loans . Consult your tax adviser and insurance professional before moving forward with withdrawals . "}
{"input": "Can You Withdraw Money From A Whole Life Insurance Policy? ", "output": "This is a great question . With most Whole life policies , they do build cash value over time . If you have built cash value , normally you can borrow against that it , although typically you will have to pay interest like a regular loan and it will decrease the face amount of the life insurance policy . "}
{"input": "What Is Qualified Long Term Care Insurance? ", "output": "Some states offer a partnership program . A qualified Long Term Care policy meets certain qualifications that allows it to be sold as a qualified plan . The advantage is that for every dollar paid out for long term care under your policy , the state will allow you to shelter that amount of assets and still qualify for Medicaid if you policy runs out . This is a huge benefit if you have a home or other assets you want to leave to your family because it helps shelter a good portion of your assets from Medicaid spend down . "}
{"input": "Who Writes Progressive Homeowners Insurance? ", "output": "Depends on the third party contract Progressive has procured in the state . In Louisiana they may represent ASI and Homesite but it can vary from state to state . I believe Geico does the same and does not actually write their own homeowners insurance but just contracts the policy out to another insurance company . "}
{"input": "When Is An Audit Required For A Retirement Plan? ", "output": "ERISA qualified plans are generally audited annually to ensure compliance against discrimination -LRB- being top heavy -RRB- . This test makes sure that the plan is not over favoring the companies highest paid employees . If discrimination is discovered , that funds are returned to highly compensated employees to being the plan back to compliance . "}
{"input": "Can I Get Insurance On A Car Not In My Name? ", "output": "A licensed driver can purchase a non-owned automobile policy . There are a variety of situations where this would be in your interest . If you frequently use short term vehicle rentals this policy can provide the liability insurance required by the leasing company . If you have employees who drive their vehicles in the course of your business , you could be sued and non-owned auto coverage is where you would look for coverage . "}
{"input": "How Much To Save Per Month For Retirement? ", "output": "The question is complex . So few Americans are really prepared for retirement . A retirement counsellor would probably be a big help for you but the main point is to start now . Regardless of how much you set aside , it is more than you would have had otherwise . And then the other point is to review your progress every year or even more frequently . So , start early and review , review , review . Retirement is about planning even more than money . "}
{"input": "How Much To Save Per Month For Retirement? ", "output": "That is a great question ! I really wish that I had more information about you and your situation to be able to give you a better answer , but here 's what I can tell you . What does your retirement look like to you ? Travel , relocation , stay at home and watch tv ? What does your current financial situation look like ? Have you started saving for retirement ? How much can you safely sock away each month ? If you want to live at the standard that you are now , you should have 8-10x your current salary put away . I 'd also advise you to look for a long term care plan , or investments that help protect against an illness or injury that would require skilled care . Please inbox me with more detail , and I 'll give you some better advice , ok ? I hope this helped , thanks for asking ! "}
{"input": "Does AARP Have Term Life Insurance? ", "output": "AARP does carry term life insurance that ends at age 80 . Premiums are based on 5 year bands and go up over time . The maximum face amount is $ 100,000 . No medical exam is required . There are a number of companies that sell No Exam term life insurance where premiums are guaranteed to stay the same for the entire term . Face amounts are up to $ 500,000 . Please contact me if you 'd like to see a quote . "}
{"input": "Does AARP Have Term Life Insurance? ", "output": "Yes , the AARP lends its ' name to term life insurance sold by New York Life . This carrier is one of the more expensive companies , however the AARP receives compensation from this insurer as they do for some other services as well . You may wish to read the blog I have written on the very subject at our site . "}
{"input": "When Do Auto Insurance Rates Go Up? ", "output": "Insurance companies can not raise rates without approval from the state department of insurance . The state insurance commissioner is charged with protecting the consumer and making sure the companies can meet their obligations . When a company pays out more in claims and expenses than it receives in premiums it starts the process of requesting a rate adjustment . Most states are reviewing these petitions throughout the year . Once approval has been granted , the company must implement the changes . "}
{"input": "Do You Need To Have Homeowners Insurance In Pennsylvania? ", "output": "No , Homeowners is not mandatory in Pennsylvania . However , if you are applying for any type of homeowners loan , most banks will require you to purchase insurance to process the loan . The bank will also ask to be listed as the lien holder . If you need help obtaining Pa Homeowners contact me at www.PaInsuranceMadeEasy.com or call/text 570.294.4140 "}
{"input": "Can You Be Forced To Get Renters Insurance? ", "output": "That is a great question ! You can not be forced to get renters insurance , but the landlord can make it a requirement for you to be able to rent from them . You can always choose to rent somewhere else . But I 'd want you to think about it for a second . Why should you have it ? The landlord has insurance , but it does n't cover any of your belongings . If your apartment caught on fire , His insurance would cover the building repairs , but you and your neighbors ' belongings are another story . And the liability for the fire may leave you open to a lawsuit for the repair bill . Renters insurance is relatively cheap , and can save both you , and your landlord , a ton of grief . That 's why they want you to have it . If you would like some tips on what to look for , please feel free to contact me , I 'm happy to help . Thanks for asking ! "}
{"input": "Can You Be Forced To Get Renters Insurance? ", "output": "A landlord can require that the tenant have a renters policy . As a tenant you can elect to move out . It is more likely that you would never move in . This is not a state law rather it is just a condition of the rental contract . Tenants often feel that the landlords insurance covers their property and it doesnt . They also are not aware that if someone is injured inside their unit , they are responsible , not the landlord . A renters policy covers these issues . "}
{"input": "Does Medicare Pay For IV Antibiotics Used At Home? ", "output": "Medicare Part B does not pay for IV antibiotics used at home but Medicare Part D might pay for the drug itself . In order to have the costs and supplies associated with administering the IV drug covered , it must be done as an inpatient under Part A or in a doctor 's office under Part B. "}
{"input": "As a private CNA, not working for an agency can I accept long-term care insurance? ", "output": "Yes , a private CNA is allowed to accept long term care insurance . I would recommend you contact the insurance companies whose coverage you would like to accept and inquire about becoming a participating provider . They may ask that you accept a discount on your regular fee and agree to accept that charge as payment in full . "}
{"input": "What Is Variable Adjustable Life Insurance? ", "output": "I believe it is just another name for Variable Universal Life . IN a Variable Universal Life product , you choose market investments to invest a portion of your premium payment to hopefully grow money tax deferred , and also have a death benefit . Of course it is a market investment , and there could be negative returns as well.The adjustable part means there is flexibility in the premium based on the value of the account . "}
{"input": "What Is Variable Adjustable Life Insurance? ", "output": "Variable adjustable life insurance is an insurance product that gives the insured face value coverage while using a portion of cash values to invest in different stocks , money markets , or mutual funds in hopes of obtaining a profitable investment . This investment feature is a part of all variable products , making a stockbroker 's license a requirement to market these products . In most cases , the investment profits are taxable . "}
{"input": "What Is Variable Adjustable Life Insurance? ", "output": "That is a great question ! In the spectrum of life insurance policies , there are policies that come with lower risk and higher guarantees , and there are those that may have higher values , but come with more risk and less guarantees . On the low risk end are traditional whole life policies . You pay a set premium for a specific face value , and as long as you pay your premiums , it 's almost certain that you will see that face value paid when the insured passes . Moving up the spectrum a little are term policies . These policies also have set face value amounts , and cover only a specified amount of time . The payments may or may not remain constant . they might increase or decrease as the term nears completion . The only way these policies pay out is if the insured passes while the term period is still in effect . On the high risk end of the spectrum are the adjustable , variable , or universal policies.Though they may carry any of these terms in the name , the basic working chassis is the same . With these policies your risk to gain or lose is not guaranteed . You basically play the market within your policy with the funds that are in it . If your investments do well , then your policy may make money , remain solvent , and have steady premium payments for you . If the market is n't doing so hot , like lately , or your investment choices were n't the best , your policy may go belly up , or require higher premium payments from you to keep it solvent . The guarantees on this type of policy are generally minimal , and the balance of the risk is on you , not the insurer . They will have some pretty good looking numbers when trying to sell it to you , so if you are looking to purchase one of these , please be very sure that you understand exactly what you 're offered , and what is guaranteed , okay ? I appreciate you asking , and if you 'd like more information , please do n't hesitate to contact me , okay ? I will go on record now as saying that I do not advise my clients to purchase this type of policy , unless they are completely comfortable with the possibility that they may lose money , or pay more than they might have wanted to . Thanks for asking ! "}
{"input": "How Much Does Weight Affect Life Insurance? ", "output": "Being overweight affects life insurance differently , depending on what type of policy you are getting . If you are getting a No Exam policy that gives you a set rate just for qualifying , then your weight will not make a difference , just as long as you do not weigh over the maximum amount . Some policies have no weight limit at all . If you are applying for a policy that does require medical underwriting , fluctuations of just a few pounds can cause your rate to go up . If you start out just slightly overweight , this increase may not make a lot of difference , or you may even find one company that will rate you much lower than the rest . But if you are quite overweight , the price increase can be large , or you can even be declined . Weight is one of those areas where it really helps to shop around . Not only do different companies have different weight charts , but sometimes going with a No Exam policy can beat the price of one requiring an exam , when the applicant is overweight or obese . Using an agency that specializes in overweight life insurance can certainly help save time , money and frustration . "}
{"input": "How Much Does Weight Affect Life Insurance? ", "output": "Your weight -LRB- more specifically , your BMI -RRB- has a major impact on the rate you pay for your life insurance . Regardless whether you are purchasing term or permanent coverage , almost all carriers consider height and weight in the underwriting process . A `` preferred '' rating on a policy will require a specific range of BMI to qualify . A `` standard '' rating will expand that range but the rate will be higher . `` Rated '' classifications are the most expensive and will be used for persons that are extremely overweight or have other specific conditions . An experienced broker can determine which insurers are likely to offer you the best rates based on your current weight and other applicable conditions -LRB- if there are any -RRB- . "}
{"input": "How Much Does Weight Affect Life Insurance? ", "output": "There are a number of No Exam life insurance products that do not consider weight at all in determining whether an applicant is qualified for obtaining a life insurance policy . And a smaller number will even issue a policy that is not graded , despite having no weight limit . With the latter , one 's health must be pretty good in order to qualify for the policy . However , the rates for those policies will be considerably higher , so if someone is just overweight and not obese , getting a medically underwritten life insurance policy usually -LRB- but definitely not always -RRB- costs less . With a wide range of products to choose from , those who are not in the normal weight limit can find the most affordable overweight life insurance . "}
{"input": "How Much Does Weight Affect Life Insurance? ", "output": "Your weight is a significant aspect in the underwriting process . Too heavy a build can mean higher rates or an outright decline for a person seeking the best possible rates for themselves . What you have to understand about underwriting is an underwriter has to make a `` guess '' based on your information one time . They can not track your health over time and adjust cost as the policy goes . The problem with excess weight is it can be traced to other health conditions which lower life expectancy , which either drives up cost or leads to a decline . An insured can however after a year or so , ask for the insurance company to reconsider their rating if they have lost weight and can show some consistency in maintaining the weight loss . "}
{"input": "How Much Does Weight Affect Life Insurance? ", "output": "Each company has its own standard as far as what is standard and what is non standard and the rates that they apply for such levels . If you weigh more than the federal guidelines for height and weight you will more than likely pay a higher price than if you were within those guidelines . The best thing you can do is contact your local agent to discuss your coverage needs . "}
{"input": "How Much Does Weight Affect Life Insurance? ", "output": "Weight can make a big difference on your rate . Insurance companies base preferred rating on a healthy person of normal weight . The further you deviate from that ideal , the higher your rate will be until you can be forced into a guaranteed issue plan . Statistics show that overweight people have a higher risk of mortality . Insurance companies adjust their rates accordingly . "}
{"input": "Will Medicare Pay For Gum Surgery? ", "output": "Medicare will not pay for gum surgery unless the surgery is for reconstruction of the jaw , or part of an effort to save a life or alleviate another health condition . Medicare normally excludes all dental procedures except for jaw reconstruction or as needed to treat another health condition -LRB- or prepare the mouth for medical treatment of another health condition -RRB- . "}
{"input": "What Are The Best Medigap Policies? ", "output": "The answer to that question really depends on what the consumer is wanting in a Medicare plan . Are you looking at a Medicare Advantage plan or do you prefer original Medicare ? Original Medicare plans may offer the least out of pocket expense to the consumer if say you chose an `` F '' plan which would not have any co-pays , or deductibles or out of network costs to worry about . I would suggest you get with an experienced Medicare agent have them explain the differences between the plans and then you can decide which plan best fits your needs and budget . "}
{"input": "How Much Is Car Insurance In The US? ", "output": "There are many factors that go into determining the auto insurance rates for an individual seeking coverage . Some of the factors used are , geographic location of where the vehicle is garaged , ages of all drivers , types and levels of coverage desired , motor vehicle history of each driver , and vehicle use just to name a few of the main ones . Contact a local agent to discuss your coverage needs and desires to find out more about availablity and pricing . "}
{"input": "What Happens If Someone Does Not Have Health Insurance? ", "output": "If there is a medical `` need '' at the time of service , any person will be treated by hospital services . So care in the case of immediate need is not in question . The next part , the paying the bill part , could go in two directions . First , most hospitals will waive -LRB- write off -RRB- the costs if the person does n't have the financial means to pay the bill . The other , if the person `` has '' the means to pay and has chosen not to carry health insurance will be treated the same way as any other bill this person incurs . Which can mean collections . The choice is the medical providers to make . "}
{"input": "Can You Deduct Retirement Plan Contributions? ", "output": "In Canada , subject to limits , you can deduct contributions made to Registered Retirement Savings Plans -LRB- RRSP -RRB- , Registered Pension Plans -LRB- RPP -RRB- and Individual Pension Plans -LRB- IPP -RRB- . The plans grow in a tax shelter and attract taxation on withdrawal . If you would like to work with a local Retirement Planner , you could start with a Google search . For example , if you search for : retirement planner Halifax or retirement planning Halifax , my name , along with several others , will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . "}
{"input": "Can You Deduct Retirement Plan Contributions? ", "output": "There are many qualified plans that allow contribution tax deductions for plan participants . Plans such as 401 -LRB- k -RRB- s , 403 -LRB- b -RRB- s , 412 -LRB- e -RRB- , SEPs and IRAs . The higher your effective tax bracket , the more valuable the tax deduction is . Keep in mind that some employer sponsored plans match part of your contributions , so its important to make contributions in these scenarios . "}
{"input": "What Is An HR 10 Retirement Plan? ", "output": "A Keogh plan is a qualified retirement plan -LRB- the Self Employed Individuals Tax Retirement Act of 1962 -RRB- called the Keogh Act . Keogh plans are defined contribution plans , whether as a profit sharing , a money purchase , or profit sharing/money purchase plan . "}
{"input": "How Much Will My Insurance Give Me For A Totaled Car? ", "output": "The best way to get a close guess to what they will pay for your car is to run a value of your car prior to the damage . Many use the nada.com or Kelly blue book both are online . This will give you a close price to what they will give you . Also you can contact most car dealerships and ask them the value of your car before it was wrecked . "}
{"input": "Why Would One Borrow From A Life Insurance Policy? ", "output": "The concept of borrowing from a life insurance policy , whether it is a whole life or universal life insurance policy , is taxes . The idea of cash value life insurance is the ability to accumulate cash that is tax deferred . You may later in life or in your retirement be able to borrow down your cash value . This does two good things for you . It keeps your death benefit in tact , but can lower it as cash value is depleted and because you are borrowing your own money and the insurance company is charging you very low interest rate , Uncle Sam considers the money a loan and not income . This means your money is income tax free . Always seek the advice of your agent or company . There are a few caveats that you should be aware of while you are borrowing against your cash value life insurance policy , but it can be a very effective tool for you to use in retirement . You also have the choice to repay the cash value or not . Beware of cashing out your cash value life insurance policy because those proceeds are taxable . "}
{"input": "Why Would One Borrow From A Life Insurance Policy? ", "output": "For several great reasons . When you buy a Whole Life Policy , you build up cash value . You can borrow against this for such things as a down payment on a home , for a child 's college education , or even for a car . The interest is very low and available within a day . If you choose , you do not have to ever repay it , although that will lower the death benefit . Your policy will continue to grow , and even grow as though the money had not been borrowed . And those proceeds are totally tax free to you . I would love to explain this in details . Gary Lane , Registered Representative , New York Life , 949\u00a0797\u00a02424 . Thank you . "}
{"input": "Why Would One Borrow From A Life Insurance Policy? ", "output": "Borrowing from a life insurance policy is like borrowing from your own money . If you want to keep your policy 's death benefit intact , you can repay the money with interest , but you are paying it back to yourself . You might use that money to start a business and forego having to get a loan from the SBA . You might use it for purposes that mean a lot to you , but for which it would be difficult or impossible to secure a loan . Your life insurance policy is your own `` bank '' to use as you see fit . "}
{"input": "When Does Renters Insurance Take Effect? ", "output": "Renters Insurance would take effect in the event of a loss to your personal property as well as peronal liability . If someone broke into your home your renters insurance would cover the stolen items , if the building were to burn down renters insurance would cover your personal property , also if you were to have your car broken into and items stolen those items would be covered under your renters insurance . "}
{"input": "What Is 10 Year Term Life Insurance? ", "output": "10 year term life insurance is life insurance that will stay the same price for 10 years . When the 10 year term ends , the price will jump up drastically , or else the policy will end . Most people end up shopping for a new policy when the 10 years are up . "}
{"input": "What Exactly Does It Mean When A Life Insurance Policy Is Assigned? ", "output": "Life insurance policies are often assigned for loan protection or to fund funerals , among other things . Collateral assignment still gives you some control in your policy , but allows a lender to repay your loan from your life insurance proceeds if you should pass away before the loan is paid off . Whatever does not go to your loan repayment , goes to the beneficiary of your choice . For funerals , the assignment may also collateral assignment , but if prepaying a funeral for Medicaid spend down , it must be irrevocable . "}
{"input": "What Exactly Does It Mean When A Life Insurance Policy Is Assigned? ", "output": "Generally , assigning life insurance means the policy is a either collateral assignment or cash value restrictive endorsement . Some policy owners use the cash values and/or death benefit as collateral for banks or institutional recourse assets . Cash value restrictive endorsement is usually a temporary control of the policy as a pledge like vesting in a executive bonus plan . "}
{"input": "What Exactly Does It Mean When A Life Insurance Policy Is Assigned? ", "output": "When a policy is assigned it means that someone has first rights over the proceeds . In the event of death their right would be exercised and only the balance of the proceeds would be paid to the beneficiary . This is most commonly seen when life insurance is used to secure a loan . "}
{"input": "What Does Cobra Stand For In Health Insurance? ", "output": "COBRA stands for the Consolidated Omnibus Reconciliation Act which was passed in 1986 , and amends the Employee Retirement Income Security Act -LRB- ERISA -RRB- . COBRA provides for the temporary continuation of healthcare benefits , when coverage might otherwise be lost . It applies to members of group health insurance plans with more than twenty members . Private workers are covered , but not government employees . "}
{"input": "What Does Cobra Stand For In Health Insurance? ", "output": "While it sounds like something that would jump up and bite you , it has actually been a great thing for many people over the years . COBRA is the abbreviation for the Consolidated Omnibus Budget Reconciliation Act -LRB- you can see why it 's referred to as COBRA now -RRB- which was passed by Congress in 1985 . This bill addressed many issues but the part of it that the average person would be familiar with is its provision that requires employers with 20 or more employees to allow former employees to continue to participate in that employer 's group health insurance plan -LRB- assuming you were n't terminated for cause -RRB- . In most cases you can continue your coverage for up to 18-months though there are other situations , such as divorce , were the continuation period is even longer . This continuation of coverage provision was created when underwriting of health insurance plans , pre-existing condition exclusions and the possibility of being declined for coverage in the individual marketplace still existed . While COBRA continues to be in effect , with the passage of the Affordable Care Act -LRB- ObamaCare -RRB- and it 's elimination of underwriting , pre-existing condition exclusions and guaranteed issue requirement , COBRA 's value has been greatly diminished for many people . "}
{"input": "What Are Fixed Index Annuities? ", "output": "Fixed Index Annuities -LRB- FIA 's -RRB- are annuities that have the security of a guaranteed interest rate along with the potential to earn more based on the performance of a market index or indexes . Fixed Index Annuities are often interchanged with the term Equity Indexed Annuities , but FIA 's can be tied to indexes other than the stock market . The premium for a Fixed Index Annuity can go in as a simply payment or be paid over time . The potential for growth in an Indexed Annuity is greater than a Fixed Annuity due to the participation in the indexes . However , it maintains the security of the guaranteed interest rate of a Fixed Annuity . "}
{"input": "What Are Fixed Index Annuities? ", "output": "Fixed Index Annuities -LRB- FIA -RRB- use domestic and/or foreign indices in its performance crediting method . The index method may use rate caps , rate spreads or participation percentages . Some FIAs may use a combination like caps and participation . It is interesting to note that most of these tactics coalesce after ten years . Some FIAs use annual , two year or five year point to point schedules for inception and ending crediting periods . "}
{"input": "What Auto Insurance Companies Offer Gap Insurance? ", "output": "It is a great idea to check with your Insurance Professional to see if the policy you have offers `` Gap '' coverage as an option . Many companies offer this and the coverage is very inexpensive . You may find that your company may also offer `` New Replacement '' for newer cars -LRB- usually within 3 model years -RRB- and something commonly refered to as `` Vehicle Value '' coverage for slightly older models . New Replacement ois pretty self explanatory , but Vehicle value means that if your car was `` totalled '' your insurance company would pay for a similar year , make and model with similar options at today 's market value . "}
{"input": "What Auto Insurance Companies Offer Gap Insurance? ", "output": "Most insurance companies offer this as an endorsement on to your auto policy . It is MUCH less then buying it from a dealership . Here in Montana the average rate for GAP coverage added to your auto policy is around 7.00 a month Check with your current auto policy and see if it is available "}
{"input": "How Much Is The Average Homeowners Insurance? ", "output": "Based on my own personal experience and within my geographic location , I would say that the average homeownoers insurance policy runs eight hundred to fifteen hundred dollars per year currently . Insurance policy and rates can be as unique as the person seeking coverage or the propety to be covered . Contact a local agent to get pricing for the coverage you are seeking . "}
{"input": "Does Homeowners Insurance Cover Workers? ", "output": "Yes , it will cover anyone hurt on your property if you are sued . That being said , you should make sure that anyone who does work on your property has there own insurance . A reputable contractor usually is covered by workman 's compensation if his employees are hurt while on the job . "}
{"input": "Why Do I Have To Pay The Medicare Levy? ", "output": "If you sign up late for Medicare Part B or Part D , or if your income is considered excessive , it is your patriotic duty to pay more so those who have less can enjoy the fruits of your hard work . This is all part of a grand wealth redistribution plan . "}
{"input": "Why Should Individuals Purchase Medigap Insurance Policies? ", "output": "That is a great question ! The reason they are needed is because there is a big gap between what Medicare pays for , and what you get billed for . The difference is almost a fifth of the total cost , and we all know that can add up quickly . The medigap plans help cover some of that gap , and often for services that medicare wont . I hope that helps , thanks for asking ! "}
{"input": "Why Should Individuals Purchase Medigap Insurance Policies? ", "output": "Original Medicare -LRB- Parts A & B -RRB- only cover about 80 % of a senior 's health care expenses , leaving the insured responsible for the other 20 % . While 20 % does n't sound like a very big figure , it can add up to a nice big medical bill really fast . For example , if you had a procedure done that cost $ 10,000 and Medicare paid for 80 % -LRB- $ 8,000 -RRB- , you would be responsible for the other $ 2,000 of the bill - how many people can just get out their checkbook and write a check for that amount ? That number can be a lot higher too . The idea of a Medicare Supplement plan -LRB- also known as a Medigap Plan -RRB- is to cover the gaps in coverage that Medicare does n't pay for -LRB- e.g. that other 20 % -RRB- . You pay a monthly premium to get these gaps covered so you 're not hit with large bills . The resulting major advantage is it allows a senior to create a very controlled and predictable health care expense structure - and when you 're on a fixed income , this is vital . A plan F is the most comprehensive Medicare supplement plan available in the marketplace today - plans C , G , and N are very competitive as well . I hope the information is helpful - please feel free to contact me for help with your coverage , including plan quotes and comparisons , and any other questions you may have . Thanks very much . "}
{"input": "Can A Hospital Refuse To Bill Medicare? ", "output": "If a hospital accepts federal funding they are obligated to treat Medicare patients . They are also required to bill Medicare for any services rendered to Medicare patients . If the hospital accepts Medicare assignment , they are not allowed to balance bill Medicare approved charges . They are allowed to bill the patient for unpaid deductible and coinsurance as well as any Medicare denied service charges . "}
{"input": "Can You Get Life Insurance Without A Physical? ", "output": "Yes , getting life insurance without a physical can be a very good way to get life insurance , especially if you do not fit in the very best health class due to weight or minor health conditions . People sometimes opt to take an exam because the price looks like it will be less . But then after taking the exam , they are rated higher and the price ends up being more than what a No Exam policy would have cost . No Exam life insurance makes getting life insurance much quicker and easier and less stressful . "}
{"input": "Does Health Insurance Cover Orthodontics? ", "output": "Yes , I know , teeth are part of your body and so it is easy for some people to think that they are covered under health insurance . However , this is rarely the case , especially when it comes to orthodontics -LRB- which means braces for the teeth in most cases -RRB- . There are some narrow circumstances when medical necessity criteria for some oral surgeries or treatments would be covered by your major medical coverage -LRB- the patient is a Hemophiliac for example -RRB- but braces are unlikely to ever fall into even this rare category . In practical terms , if you want insurance coverage for orthodontia you will need to purchase a dental insurance policy that covers orthodontia . You should be aware that even dental insurance policies generally have a lifetime maximum benefit for orthodontia that places a limit on the amount the policy will pay for braces . A lifetime maximum benefit of $ 1000 is very common though there are policies with higher limits -LRB- e.g. - $ 2000 -RRB- . So , even when you have orthodontia coverage you can anticipate some fairly meaningful out-of-pocket expenses . "}
{"input": "Can You Withdraw From Your Retirement Plan? ", "output": "Can you withdraw from your retirement plan ? It 's actually going to depend on what your retirementplan actually is . In most cases a provision allows for withdrawals from a plan , though the retirement plan participant may incur a 10 % penalty from most plans for withdrawing funds . In some cases there may be more involved details . A retirement plan actually is one of the last places to visit when looking for funds . There are some pitfalls to borrowing or surrendering from your retirement plans . "}
{"input": "Why Is Car Insurance So Expensive For New Drivers? ", "output": "Car insurance rates are greatly determined by the age of drivers and the experience that these drivers have . Obviously , if you are a new driver , you will pay higher rates than more experienced drivers . Getting good grades will help your rate if you are a student , and maintain a B average . "}
{"input": "Can You Pay Car Insurance Late? ", "output": "Great question ! In most cases , insurance companies will give you what is called a `` grace period '' . That is a period of time , normally between 15-30 days -LRB- but call your agent to be certain about yours -RRB- that allows for late payments to be received or processed . Your coverage will end along with the grace period . In the event that you ca n't get a payment in to them before then , it may be possible to get your policy back , -LRB- reinstated -RRB- but you will have to pay for however much time has passed.Call your agent , explain your situation , and see if they can help you out . Good luck ! If you need help , please feel free to contact me . Thanks for asking ! "}
{"input": "What Triggers Long Term Care Insurance? ", "output": "Tax Qualified -LRB- TQ -RRB- Long Term Care policies require that you are unable to perform 2 out of 6 Activities of Daily Living -LRB- ADL 's -RRB- without substantial assistance . The ADL 's listed do not include ambulating . There must be the expectation that you will be unable to regain the ability to perform those ADL 's independently within the next 90 days . OR you must need assistance due to a cognitive impairment that is expected to last over 90 days . TQ policies do not include `` medical necessity '' as a trigger . That means that a doctor 's opinion that you need long term care will not suffice to trigger the benefits . Each LTCI policy has its own triggers , so be sure to read them over carefully when selecting your policy . "}
{"input": "What Does POS Mean In Health Insurance? ", "output": "POS in health insurance refers to Point Of Service . It 's a type of plan that combines aspects of HMO and PPO plans without the cost of care depending on whether you receive your healthcare in network or out of network . I hope the information is helpful - please feel free to contact me for help or if you have any other questions . Thanks very much . "}
{"input": "Is Long Term Care Insurance A Good Investment? ", "output": "I do n't think it would be ethical for an agent to call Long Term Care -LRB- LTC -RRB- an investment . However , I think LTC may very well SAVE your other investments . In other words , if you need LTC but you do n't have a LTC policy , then the care you may need can very possibly eat through your investments and savings rather quickly , since a LTC claim can often last for 2 year or longer . LTC is generally considered to be an imporant part of any investment portfolio , but I would not call LTC an investment in of and by itself . "}
{"input": "Is Long Term Care Insurance A Good Investment? ", "output": "Long Term Care Insurance is not an investment at all . It is a morbidity insurance product to fund long term care expenses , generally a defensive planning tactic during retirement . If the question is along the lines of : Is long term care insurance money worth spending , then the answer is yes . If you dont have long term care , then your investments will be at risk to the expenditures of extended care during your senior years . "}
{"input": "Is Long Term Care Insurance A Good Investment? ", "output": "When you consider that paying for long term care can eat up a very large portion of one 's estate , if not all of it , long term care insurance can be considered a good investment . If there is a claim on the policy , the money that was paid in premiums will bring a big return . If there is no claim , it wo n't . That is the nature of most insurance , protection for future events that may or may not occur . "}
{"input": "Is Long Term Care Insurance A Good Investment? ", "output": "In retirement , human longevity is a huge risk . The longer we live , the odds become higher that we will need assisted or living and/or nursing home confinement . The costs for care are ever increasing , so it 's important to protect your retirement income from the economic eroding affects of long term care costs . "}
{"input": "Who Is The Biggest Health Insurance Company In The US? ", "output": "United Health Group -LRB- includes United Healthcare -RRB- is the biggest health insurance company in the United States and offer plans in every state . Wellpoint -LRB- includes Anthem -RRB- Kaiser , Aetna , Cigna , Coventry , and CareFirst are some of the other big name insurance companies in the country . However , not every company offers health plans in every state . "}
{"input": "How Much Does It Cost For Disability Insurance? ", "output": "The cost of disability insurance depends on many factors including your age , your occupation , your current health , where you live , the insurer that is offering coverage , and the type of benefits you are purchasing . Monthly rates could cost between $ 50 and $ 500 -LRB- or more -RRB- . Often this type of policy will cost between 4 % and 9 % of your income in premium payments . An experienced full-time broker is your best resource to help you find the best offers . "}
{"input": "How Much Does It Cost For Disability Insurance? ", "output": "Disability insurance is an excellent morbidity product that can help you protect your paycheck during periods of disability . There are two ways to purchase disability insurance that can cover 60 % of your compensation tax free or if you deduct it 80 % of your compensation taxable . If you in midlife and in good health , you should expect to pay 5-8 % of your compensation in premiums . "}
{"input": "Does Home Insurance Cover Wildfire? ", "output": "Home insurance covers fires with most carriers and the type of policy you have . Also it matters on how the fire was started lightning that started the forest on fire by your home or if the neighbor child lit fireworks and it caught the field on fire and your hope . Two different examples of fires one the home should be covered by your insurance the other could be paid by the person that started the other fire . I highly recommend you contact your agent and make sure you are properly covered and also make sure you home is clear of debris and brush to make sure that if a fire is heading your direction that you have a clean perimeter around the home . There are things that you can spray on your home that will prevent it from burning if you know a forest fire is on it 's wayAlso "}
{"input": "Does Home Insurance Cover Wildfire? ", "output": "Homeowner 's insurance covers many different claim situations including fire . In fact , fire costs insurers multi-millions of dollars each year . You should always purchase the most appropriate type of policy for your area . An experienced broker will not only shop major carriers but also review the best type of policy for your situation . "}
{"input": "Does Home Insurance Cover Wildfire? ", "output": "A standard modern Homeowners ' policy does provide coverage both for your home and personal belongings in the event they were lost or severely damaged by fire . Fire is a named covered peril in these policies and I have not seen one that makes any distiction between any type or scope of fire . It is always a good idea to talk to your Insurance Professional about the specific terms , conditions and limitations that are included in your particular policy in order to gain the most complete understanding of all of it 's provisions . If there are any gaps in coverage , they will also be able to advise you as to what options you have available to resolve those gaps . "}
{"input": "What Does Full Coverage Cover On Auto Insurance? ", "output": "That is a good question . `` Full Coverage '' is an insurance slang term-generally applied to Collision and Comprehensive coverage . I tell my staff to avoid using the term because many clients could get confused and believe they are covered for everything . My suggestion would be to reach out to your local independent agent to discuss the right liability options and physical damage options for you . "}
{"input": "What Does Full Coverage Cover On Auto Insurance? ", "output": "It simply means that you have both liability and collision / other collision deductibles , but full coverage is a nice term used by most car salespeople . You can have state minimum coverage and have what they call full coverage , but if you 're carrying state minimum coverage that will probably be an issue if you have more than a fender bender . The best thing to do is to contact a local independent agent and see what you need to protect . Based on studies , 75 % of all people are under insured on their auto and with 1 out of 6 people in the U.S. not having insurance , that is a deadly combination . "}
{"input": "What Does Full Coverage Cover On Auto Insurance? ", "output": "Full coverage on auto insurance covers the physical damage done to YOUR vehicle . Liability coverage only will cover claims brought against you in an accident . `` Full coverage '' has two parts , comprehensive coverage -LRB- if a tree falls on your car , or a hail storm does damage to your vehicle , basically most occurrences when you are not in the vehicle -RRB- , and collision coverage , which covers the physical damage done to your vehicle in an accident . You can choose to get comprehensive only , or comprehensive and collision , but not collision without comprehensive . Note : the deductibles for each can be different . You will typically save more money by raising your collision deductible compared to raising your comprehensive deductible . "}
{"input": "How Do I Cancel My Gerber Life Insurance? ", "output": "To cancel any life insurance policy you may call/mail as Peggy pointed out which you will probably have to fill out a form or write a statement of cancellation or especially if your paying monthly , you can stop making payments . Your policy will go into a Grace period of Lansing which shortly after your policy will be cancelled due to non payment . Be absolutely sure you want to cancel the insurance especially if your health is not good . You may have issues getting the insurance back . "}
{"input": "How Do I Cancel My Gerber Life Insurance? ", "output": "You can cancel your Gerber life insurance policy by contacting Gerber Life Insurance Company 's customer service center . They can be reached by phone at their toll free phone number of 1-800-704-2180 . Or you can mail them at Gerber Life Insurance Co , 445 State St , Michigan , 49412 to request the cancellation . "}
{"input": "Which Life Insurance Is Best Whole Or Term? ", "output": "That is a great question ! Both types of insurance have their plusses , and minuses . The term policy might be best for you if you are looking to insure against some form of debt , like a mortgage , that you want to be sure is paid off . It might also be the right policy for you if you are short on cash , but want coverage . The whole life policy may be the right policy for you if you are looking for the security of knowing that you are protected for the duration of your life , or if you want the security of knowing that you have a source of quick cash if you need it . In some cases , a mix of both might be the right answer for you . If you 'd like to discuss your specific need , contact me , and I 'll clear some time on my schedule for you . Thanks for asking ! "}
{"input": "Which Life Insurance Is Best Whole Or Term? ", "output": "It depends on the need . Term insurance is ideal for short term protection -LRB- e.g. paying off a mortgage or providing income in the event of an early or unexpected death -RRB- . Permanent insurance is ideal for long-term safety net protection , estate planning , retirement planning . Many people buy both types of coverage - some permanent to protect against the future after other debts are paid off and some term to cover time-limited debts -LRB- such as a mortgage , car , etc. -RRB- . Term insurance provides more bang-for-your-buck up front , but it 's only for a short period . Permanent insurance allows you to pay the same premium for the rest of your life without having to worry about it going up in the future . A brief description of the two types of coverage are as follows : Term life insurance guarantees the premiums will remain fixed for a specific number of years -LRB- 10 , 15 , 20 , 25 , or 30 years -RRB- . Once the initial period of premium guarantee expires , the program changes to either annual renewable term insurance with premiums increasing each year -LRB- based on age -RRB- or the premiums remain the same and the death benefit decreases each year -LRB- this structure can be seen on term insurance that is featured on a universal life chassis . There is no cash value build-up in term insurance . Permanent life insurance is designed to provide coverage for the rest of the insured 's life and build cash value . Under a guaranteed universal life -LRB- GUL -RRB- program , the policy can be structured to keep premiums level and provide coverage up to a specified age -LRB- e.g. to age 90 , to age 100 , or even up to age 121 -RRB- under the `` dial down '' process . Whole life features level premiums and death benefits and builds cash value at a faster rate -LRB- participating WL policies may pay dividends that can be used to increase the death benefit or decrease the premiums over time - non-participating WL policies do not feature this ability -RRB- - the trade off between this and guaranteed universal life is that to increase the cash value faster , the premiums will generally be substantially higher . For both GUL and WL , the carrier takes back the cash value upon the death of the insured , and pays out the death benefit proceeds . Therefore , GUL policies allow you to maximize your death benefit and minimize your premium dollars that you pay for the coverage . I highly recommend consulting with an independent insurance agent/broker to determine what policy benefit structure will best serve your needs , review quotes , and help you through the application and underwriting processes . I hope the information is helpful - please feel free to contact me for help or if you have any other questions . Thanks very much . "}
{"input": "Does Life Insurance Test For Nicotine? ", "output": "Yes , life insurance does test for the byproduct of nicotine , called cotinine , in the urine and/or blood that is tested for a life insurance exam . Cotinine is a more reliable indicator of actually smoking a cigarette than nicotine is , as sometimes nicotine tests can detect second hand smoke . With tobacco such as cigar or pipe , a very few companies will disregard cotinine in the blood or urine as long as it it disclosed on the application and there has been no cigarette usage in the past few years . Other than that , the insured person who tests positive for nicotine/cotinine will be rated as a Smoker . "}
{"input": "Can Someone Contest A Life Insurance Policy? ", "output": "A carrier can contest a death claim during the two year contestability period , even beyond that period for fraud . Some beneficiaries have contested the change in beneficiaries , not only by the policy owner , but by those given power of attorney to act on behalf of the policy owner . There have been cases where the policy owners will is in conflict with the stated policy benefices , resulting the parties contesting each others rightful position . "}
{"input": "Is Medicare Coverage Enough? ", "output": "`` Enough '' is a relative term . Consider that Medicare pays about 80 % of hospital and outpatient claims , relying on Medicare alone might be a pricey gamble . You may not need a comprehensive Medigap plan F that covers all approved Medicare Part A and Part B claims but most people will want some assistance . For many , Medicare supplement plan G or N is a good alternative . For those on a tight budget or if you have ample savings , Medigap Hi F is a consideration . "}
{"input": "Is Medicare Coverage Enough? ", "output": "Medicare is inadequate to meet the needs of most participants . It was designed to provide a safety-net . Part A covers only hospitalization so participation in Part B is almost required for most participants . The level of coverage provide by part B is inadequate for most people so supplemental policies have been designed to meet those additional needs . There isnt any drug coverage outside the hospital in Medicare so Medicare Part D is available to offset the cost of medication . There is a significant exposure to the need for long term care and Medicare doesnt address that situation at all . "}
{"input": "When To Buy Permanent Life Insurance? ", "output": "When to buy permanent life insurance ? That is a good question . Some agents recommend buying permanent life insurance for every policy . Some financial consultants recommend never buying permanent life insurance . Both have some valid justifications , but both are rather extreme positions . In real life , with budget limitations , health risks , bear markets , and other considerations , it is hard for me to recommend only one option . Not everyone can afford all the life insurance they need in permanent coverage . Yet buying only term presents the risk of being unable to qualify for a new policy when the current one expires . Putting money in the stock market and savings plans should cover final expense needs , eliminating the need for permanent life insurance . But will those investments and savings be there when you die ? My recommendations are to buy Term insurance for temporary needs , and Permanent insurance for lifelong needs . Specifically , permanent insurance is best for final expense needs such as funeral , burial , paying off credit cards , and other costs associated with putting the deceased to rest . Permanent insurance is recommended if you want to use the policy proceeds to pay estate taxes , pass money to heirs , or bequeath money to a charity . If you use term insurance for any purpose that may find you `` outliving the term '' , you may find that you no longer qualify for a new policy , and that all your plans for your life insurance are moot . "}
{"input": "When To Buy Permanent Life Insurance? ", "output": "When to buy a permanent life insurance policy ? When you have a long need for coverage , say 20 + years ... When you want the features a permanent offers . At as early an age as possible to take advantage of lower costs and a longer growth window . When you want the lowest cost coverage over the longest period of time . When you want control of the policy you purchase . "}
{"input": "Does Homeowners Insurance Cover Hurricane Damage? ", "output": "Most homeowners policies do not have exclusions that would apply to the damage caused by a hurricane to the residence . If water enters the house through a normal door or window , coverage would be excluded . If a wall collapses and water enters the house , the personal property would be covered . There could be a restriction on the way that the loss of roofing material , art , stamps , money and jewelry is handled . "}
{"input": "Does Homeowners Insurance Cover Hurricane Damage? ", "output": "The very best thing to do is talk to your Insurance Professional about the specifioc terms and conditions of your policy . Different companies handle hurricane coverage in different ways depending upon your location and it 's proximity to coastal areas . Some companies , if approved by a state 's Insurance Department , may impose an additional deductible if your home is within a certain distance to the coast line , usually 2500-2600 ft or there abouts . These companies may require that a deductible that represents a certain percentage of the dwelling amount as oposed to the normal flat stated deductible . This obviously can make a big difference in your out of pocket expense should you suffer such a loss . "}
{"input": "Does Renters Insurance Cover Visitors? ", "output": "Renters insuance typically includes some liablility coverage for visitors to your premise that may be injured that you are deemed repsonsible for . Remember that every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that may be contained within or contact your local agent to have them go over it with you . "}
{"input": "What Is The Difference Between Medigap Plan F And G? ", "output": "These two plans are nearly identical as there is only 1 difference between the benefits - coverage of the Medicare Part B deductible -LRB- $ 147 in 2014 -RRB- . Plan F is the most comprehensive plan as it covers all available Medigap benefits at 100 % from day 1 including the Part B deductible - Plan G does not cover the deductible and must be paid out-of-pocket . When comparing the two plans , you want to look at the price differential at the carrier -LRB- s -RRB- offering them at the lowest cost . If the difference in annualized premiums between plan F and plan G is more than $ 147 , than plan G will be the plan you should select - if it 's less than $ 147 , then you should select plan F. Please note , Medigap plans are standardized meaning the benefits are exactly the same regardless of which insurance company you buy your Medigap plan from . Every carrier has to pay the benefits the same way . If it 's your first time buying a Medigap plan or you already have one and want to lower your monthly premium , you should consult with an independent Medigap insurance broker who can shop the case for you among many companies to ensure you 're paying the lowest possible price for your plan . I hope the information is helpful - please feel free to contact me for help with your Medigap plan and if you have any other questions . Thanks very much . "}
{"input": "What Is The Difference Between Medigap Plan F And G? ", "output": "There are two differences : 1 -RRB- In Plan G , you have to pay the annual $ 147 Part B deductible yourself . Once it 's met , you are covered with the same benefits as Plan F. 2 -RRB- The only other difference is the price . Plan G is usually less expensive because you are paying the Part B deductible instead of the insurance company . Please let me know if I can be of further assistance . 1-888-411-1329 "}
{"input": "What Is The Difference Between Medigap Plan F And G? ", "output": "Medigap Plan F and Plan G are the two most popular Medigap Plans on the market . There is only one difference in benefits but potentially could save you a lot of money . Plan G does not cover the Part B annual deductible which currently -LRB- 2014 -RRB- is $ 147 . However , in a lot of cases Plan G is considerably less expensive than Plan F . In addition , insurance carriers have had a history of having smaller premium increases over time on Plan G . It could be a good way to save money now but also save more money down the road with smaller increases in your premium . A good independent agent will be able to show you all the plans in your area and help you to determine if Plan G or Plan F is a good fit for you . They will also help you to find the carrier that has the lowest premium for the plan you want . I would be happy to answer any other Medigap questions you have . "}
{"input": "Does Car Insurance Cover Self Inflicted Damage? ", "output": "I am going to make the assumption that you are perhaps talking about you driving your car and unfortunately coming into contact with something that causes damage to your car . In that case , the damage would be covered under the Collision portion of your policy and subject to your deductible . I am hopeful that you are not talking about willfully damaging your car in some way because doing that and then attempting to file a claim with your insurance company might be considered insurance fraud which is a very serious crime . For that reason , . I am assuming you meant my first example . "}
{"input": "Does Car Insurance Cover Self Inflicted Damage? ", "output": "A typical insurance policy will contain an exclusion for any and all damage that is self inflicted damage to covered property . If insurance carriers paid out on claims where the damage to an insured item was self inflicted then they more than likely would not remain in business very long . Please remember every policy is different . 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": "Does AARP Recommend Long Term Care Insurance? ", "output": "The AARP Public Policy Institute wrote a fact sheet in 2012 about Long Term Care . That , like most of their writing on the subject , expresses how helpful Long Term Care Insurance is when the need for such care arises . It explains reasons why people do not buy it and what to look for when purchasing it . "}
{"input": "How Much Does A Renters Insurance Cost? ", "output": "Renters insurance cost can vary greatly depending on many factors . Some of those factors are : the amount of coverage thatyou are seeking , the geographic location of the premise to be covered , the amount of your deductible , your claims history , the distance of the nearest fire department and the distance of the nearest fire hydrant just to name a few . Contact a local agent to get a free quote for coverage in your area . "}
{"input": "Where Can I Get Homeowners Insurance With Bad Credit? ", "output": "You should contact a local property and casualty insurance agent in your local area . Every company has different underwriting criteria . Many do now consider credit scores as part of the underwriting process , and certain carries do not . A licensed , independent agent familiar with your local market would know which carriers might approve your policy . "}
{"input": "Where Can I Get Homeowners Insurance With Bad Credit? ", "output": "Although credit is amopng the underwriting tools that a company uses to evaluate a homeowners risk , there are others . Prior loss history , proximity to fire services , certain breeds of pets , amount of dwelling coverage required and alarm systems may also come into play in that evaluation . I have not seen a case where credit alone was a reason for acompany to deny coverage . I have seen many cases where one 's credit score did have an impact on the amount of premium charged , however . "}
{"input": "How Much Do Medigap Plans Cost? ", "output": "The cost of a Medigap Plan can vary based on several different things . What state you live in , age , smoking status and which plan will determine the monthly premium . One of the great things about Medigap Plans is it keeps your `` max out of pocket '' costs very low and makes it easier to budget a monthly premium rather than unexpected medical bills . To compare the exact cost of Medigap Plans in your area visit our website at SummitMedigap.com . You will be able to see plans from all the major carriers in less than a minute . You can also call us at 1-888-407-8664 . "}
{"input": "How Much Cash Value Would I Have In A Whole Life Of 10,000 Dollars? ", "output": "Honestly that depends totally on when you purchased the policy . If you started the contract 20 years ago , you would have more than if you had started it 10 years ago . And of course , ifyou bought it30 years ago , the cash value would be even more . "}
{"input": "How Much Cash Value Would I Have In A Whole Life Of 10,000 Dollars? ", "output": "The cash surrender value of your whole life insurance policy is contained in a table inside your life insurance policy . These tables vary by company . Some life insurance policies are participating and there might be additional funds available if you surrender a participating policy . Most of the time there are limited if any tax consequences when surrendering a policy . "}
{"input": "What Age Should I Buy Long Term Care Insurance? ", "output": "Most long term care advisers begin introducing extended care insurance concepts to their prospects and clients at age 50 . But most seniors begin to actually purchase long term care in their early 60s . However , younger people whose families has a predisposition to disease or nursing home confinement need to consider long term care while they 're healthy , even if it 's before age 50 . "}
{"input": "What Age Should I Buy Long Term Care Insurance? ", "output": "It is important to buy long term care insurance before you have a health condition that would disqualify you . If you have family members with Alzheimer 's or diabetes , if you are very overweight , or have other risk factors , you may want to get your policy at a younger age . "}
{"input": "Why Buy Long Term Care Insurance For Parents? ", "output": "The societal trend is for succeeding generations to take care of their parents . The economic burden generally falls on them . In our present culture , baby boomers have taken care of their parents with some purchasing an LTCi policy to indemnify or at least mitigate the cost of extended care to protect their own finances . It is a reasonable planning tactic to cover geriatric parents as part of your overall retirement strategy which may include parental care . "}
{"input": "Why Buy Long Term Care Insurance For Parents? ", "output": "The national average for a nursing home is currently $ 7,500 per month . That number can be higher in some parts of the country . That can total $ 270,000 for 3 years of care . With the cost of care continuing to rise people need to ask themselves if they do n't have a Long Term Care plan then what assets are they prepared to liquidate to pay for the care ? Your parents assets or your assets can go quickly without a Long Term Care plan . A good Long Term Care plan will have coverage for assisted living , home healthcare and a nursing home . "}
{"input": "Does Mercury Have Renters Insurance? ", "output": "Mercury does offer renters insurance in NY state . Currently they are limiting the number of newly written renters policies . Mercury also writes auto insurance . You may want to consider a package with them as they give a hefty discount on auto insurance for a renters policy . It can upwards of 5 % - potentially making your renters policy free . "}
{"input": "Does Mercury Have Renters Insurance? ", "output": "As an agent in California Mercury Insurance is one of the companies my agency represents . Mercury does in fact offer renters insurance for those that qualify . If you are interested I suggest you contact your local Mercury agent to discuss your needs and to help you obtain renters insurance . "}
{"input": "What Interest Rate Do Annuities Pay? ", "output": "Rates are always changing . Before purchasing an annuity for a guaranteed rate , always review the spreadsheets provided by big insurance brokerage annuity distributors to get a good feel for the market . Presently rates for a 5 year deferred annuity are around 2.75 % and ten years around 3.00 % . with recent Treasury rates rising , ten year rates may not be the best selection for an extra 25 basis points . "}
{"input": "What Is The Face Value Of A Life Insurance Policy? ", "output": "The face value of a life insurance policy is what the policy would pay in the event of the insured person 's death . In Term insurance , the face value is the amount that was put into effect when the policy was purchased . If Whole Life or Universal Life , it is the amount of the death benefit that was taken out minus any loans and interest charges , or minus any partial surrenders . You should order a current illustration to determine the exact face value of a permanent policy . "}
{"input": "What Is The Face Value Of A Life Insurance Policy? ", "output": "The face value of a life insurance policy is what the policy would pay in the event of the insured person 's death . In Term insurance , the face value is the amount that was put into effect when the policy was purchased . If Whole Life or Universal Life , it is the face amount minus any loans and interest charges , or minus any partial surrenders . You should order a current illustration to determine the exact face value of a permanent policy . "}
{"input": "Is Accidental Overdose Covered By Life Insurance? ", "output": "Only suicide is excluded and only for the first two years . So , if it is truly accidental , and not suicide , then it would also be covered even during the first two years . After than , even if intentional , it would still be covered . The fact that it might even be an illegal drug would not change things . Thank you . GARY LANE . "}
{"input": "Is Accidental Overdose Covered By Life Insurance? ", "output": "Yes , an accidental overdose is just that an accidental death . I would however expect a full investigation to rule out suicide if the policy is less than two years in force . If the coverage has been in place for more than two years , whether accidental or intentional the claim should be paid in a timely manner . Be sure to contact the insurance carrier and ask for a short death claim form and return it with a certified copy of the death certificate . "}
{"input": "Is Accidental Overdose Covered By Life Insurance? ", "output": "That is a great question ! The answer is yes , it is , unless the death is a result of overdosing on illegal narcotics , and your policy is one of those that state they do not pay for death resulting from the commission of a crime . They may also contest if the questions that ask about drug and alcohol use/abuse are deemed to have been falsified . In every other case , provided that the death occurred outside of the contestability period , there should be no issues . Thanks for asking ! "}
{"input": "Does Health Insurance Cover Long Term Care? ", "output": "The Internal Revenue Service expand the tax code in 2005 when they added the Private Pension Act -LRB- PPA -RRB- to the tax code . This section of the tax code allows individuals to plan for Long Term Care using dollars perhaps they now have in Certificate of Deposits or in an Annuity product . In the case of the money invested in Certificate of deposits , fully taxable , the individual is allowed to use the tax code to invest into the PPA qualified and stop the taxation and if used to pay for qualified health care expenses in the future the dollars are never taxed . The beauty of this section of the tax code is it can be used for even health care costs received in your home . You may diagnosed in the future with a medical condition that requires you to travel to a specilized treatment facility -LRB- like Mayo Clinic -RRB- and you can pull the costs of that travel from the qualified PPA investment and it qualfies for the tax exemption "}
{"input": "Does Health Insurance Cover Long Term Care? ", "output": "Some health insurance plans will cover treatment in an ECF -LRB- extended care facility -RRB- . The general rule is you must be discharged directly to the ECF following a hospital admission , usually lasting 3 days or longer . Your ECF benefits are usually limited to 30 - 90 days as an inpatient . Not really what one would consider long term care but more short term care . Also your major medical plan may cover some home health care visits and private duty nursing . "}
{"input": "Does Health Insurance Cover Long Term Care? ", "output": "No , Health Insurance DOES NOT cover Long Term Care . Long Term Care needs to be covered through either Long Term Care Insurance , or a Unique Product offered by New York Life called Asset Preserver . New York Life can provide you with Long Term Care Insurance in an extremely large variety of personalized policies , or an Asset Protector which will provide you with Both Life Insurance and Long Term Care in one product . Please call me , Gary Lane , New York Life Agent , for the details that can fit your exact needs . "}
{"input": "Does Health Insurance Cover Long Term Care? ", "output": "No health insurance covers medical treatments to heal you . Long Term Care is just assisting you to do the activities of daily living such as feeding yourself , dressing , bathing , mobility , and going to the restroom . There is a whole separate category of insurance -LRB- it is in the health insurance group -RRB- called LTC or Long Term Care Insurance . "}
{"input": "What To Know Before Buying Long Term Care Insurance? ", "output": "Before buying long term care insurance , it is a good idea to look at the area in which you anticipate you will be living when you reach the age where long term care may be needed , and see what their average rates for assisted living and nursing home care run . Talk to your family and get their ideas on arrangements if that type of care was needed . Review your budget and determine how much you have to spend on long term care , and tell that to your agent when you start . An agent can save you a lot of time and frustration from looking at all kinds of bells and whistles that you can not afford , when they know your budget from the start . These are some things that will help your long term care search start off on a good foot . "}
{"input": "Who Sells Medicare Supplement Plan F? ", "output": "There are several insurance companies in Florida that sell Medigap Plan F. Medigap Plan F , in Florida , will result in a pretty high premium compared to other states in the country . But if you do n't want to be bothered with co-insurance , co-payments or deductibles , then Plan F will meet your benefit needs . As a licensed independent agent in Florida , I can share with you the companies and Plan F rates that are available . "}
{"input": "Who Sells Medicare Supplement Plan F? ", "output": "As far as I know , any carrier that offers Medicare supplement plans in your state will also include plan F. For a lot of reasons , Medigap plan F is the most popular plan sold -LRB- and purchased -RRB- . Every statistic I have seen shows Medicare supplement plan F participation in excess of 50 % and usually closer to 70 % . In other words , for every 100 Medicare supplement plans bought in a state , 50 - 70 are plan F . While F is the most popular plan , it does not mean it has the best value . Most of my Georgia Medicare supplement clients purchase plan G and enjoy saving $ 300 or more each year vs. what they were paying for plan F with another carrier . "}
{"input": "How Much Can Renters Insurance Cost? ", "output": "Renters insurance can be very affordable . The premiums for renter 's insurance normally range between $ 100 and $ 300 depending on the limits selected for your particular policy and location of the residence . Renters insurance policies are much more affordable than a regular homeowners policy , because you are only covering the contents of the residence instead of the actual dwelling itself . "}
{"input": "How Much Can Renters Insurance Cost? ", "output": "The cost does depend on the area you live in and there are some companies that do consider your payment history in the pricing . Insurance companies give better rates for better credit many times . In Texas we see the same rates as Drew Overman shared $ 100 - $ 300 for the entire year . This covers your belongings for theft , fire or if water damage to your belongings is caused perhaps from someone living above you . It does not cover your belongings in case of a flood-you need flood insurance for that . "}
{"input": "How To Buy Renters Insurance? ", "output": "The best thing to do is to find a local insurance agent , give them a call , and ask for a renters quote . When you speak to an agent , they 'll make sure that you get the right type/amount of insurance that you need . You can find a local agent by going online and searching for an agent in your area , or you can use the good old phone book . "}
{"input": "What Are Disability Insurance Coverage Characteristics? ", "output": "The important factors that will play a large role in both the cost of a DI policy and how meaningful the benefit will be to a individual are ; The benefit amount , the elimination period , the duration of the benefit period , and the way in which the policy defines a disability . The benefit amount , the recurring monthly income your disability policy pays you while you are injured , represents the most important aspect of the coverage . Laws in most states limit disability insurance benefits to two-thirds of your current gross income . While most people select the maximum available benefit , you can choose lower amounts if your personal cash reserves are sufficient to supplement disability income payments . After you meet the criteria and are eligible to begin receiving income from your disability insurance policy , the length of time you must wait before payments begin is called the elimination period . Most major insurance carriers offer the same standard elimination periods ranging from one month to one year . Longer periods result in lower policy premiums . Once you begin receiving payments from your disability policy , they will continue until you are no longer disabled or your benefits have been exhausted . Disability insurance policies with maximum benefit periods of two years or less are classified as short-term disability products . If you own a short-term policy , payments will continue every month but will cease after two consecutive years . Policies with maximum benefit periods beyond two years are classified as long-term disability products . The most common benefit period choices for long-term policies are three years , five years , ten years or until age 65 . Every insurance company has its own formal definition of a disability , and benefit payments will not start unless your status falls within these guidelines . Some companies define disability as an inability to perform any gainful income-producing work at all . Collecting benefits under policies purchased from these carriers often presents a significant challenge . Thankfully , a large percentage of carriers consider you disabled if you are unable to perform the substantial duties of your own current employment position , a policy feature commonly referred to as `` own occupation . '' If your injury prevents you from adequately fulfilling the requirements of your current job , you are eligible to begin collecting benefits after the expiry of the elimination period . "}
{"input": "What Are Disability Insurance Coverage Characteristics? ", "output": "Some Disability Insurance coverage characteristics are elimination period -LRB- how long you must be disabled before the policy will pay a benefit -RRB- , length of coverage -LRB- how many years it will pay out -RRB- , percent of income replacement -LRB- dollar value of the policy payments -RRB- , and features that determine benefit triggers , amount , and duration . E.g. . An important policy consideration is whether to pay for the `` own occupation '' feature , which will allow you to collect at least a partial benefit if you are unable to perform your OWN job , as opposed to being able to work at ANY job . "}
{"input": "Can You Get Life Insurance If You Have Multiple Sclerosis? ", "output": "Yes , most people can get life insurance while having Multiple Sclerosis . As you know , there is such a wide range of symptoms , from virtually having no impairments , to having to be confined to bed . So the type of life insurance you can get with MS depends on your own situation . If you have relapsing remitting MS and are still able to work full time , you should be able to get a medically underwritten policy at a reasonable price . If you are at the other extreme of needing assistance with ADL 's , you can get guaranteed issue life insurance if you fit those age guidelines . It is important to use a life insurance agent that understands multiple sclerosis underwriting , and carries a wide range of products , to get your most affordable MS life insurance . "}
{"input": "What Is The Donut Hole In Relation To Medicare D? ", "output": "The donut hole -LRB- doughnut hole -RRB- is the risk sharing portion in Medicare Part D. Medicare beneficiaries with Part D coverage will reach the donut hole in 2014 when their combined drug costs for covered drugs hits $ 2,850 . When you reach the donut hole you pay a little over half -LRB- 52.5 % -RRB- the cost of your brand name meds and 72 % of generics . "}
{"input": "How Can I Sell My Life Insurance Policy? ", "output": "Video Transcript : Today 's question is , Can I sell my life insurance policy ? Well , number one , a life insurance policy is personal property . Could you sell it ? I think you can , usually through the life settlement market . But keep in mind that the original reason that you sold the life insurance was not to sell it for that specific purpose and most carriers and life insurance companies are going to take a dim view on you trying to buy insurance for just the purpose of selling it . But if the reason you bought life insurance does n't exist any longer , you could go ahead and sell it on the secondary market of life insurance settlement , and you can sell it for cash . Generally , a cash value contract is going to get a little bit more than what you have in your policy ; sometimes a lot more , depending upon the death benefit and your timeline . Can you sell it ? You could sell it and again , I recommend make sure that you 're doing this for the right reasons . And make sure that your coverage is no longer necessary . "}
{"input": "How Can I Sell My Life Insurance Policy? ", "output": "Viaticals , or life settlements , are the vehicles by which persons can sell their life insurance policies . However , the type of life insurance policy that can be sold is extremely limited . The policy nearly always has to have cash value , and the health of the insured person must be poor enough that those purchasing the policy , expect them to die within a short period of time , so that they can cash in on it . If you are in poor health and have a life insurance policy that you can no longer afford to pay for , you might ask your children if they would pitch in to pay the premiums . Then make them at least partial beneficiaries . If you need cash , you might be able to borrow from the cash value . Some policies even have `` living benefits '' where you can take part of the insurance proceeds in cash if you become critically , chronically , or terminally ill . Selling your life insurance policy should be a last resort . But if you do , be sure to deal with a reputable life settlement company . "}
{"input": "Does Renters Insurance Cover Food From Power Outage? ", "output": "-- > Normal 0 In the spirit of every reasonable insurance question is deserving of an answer , I submit . Tenant Homeowner or Renters policies cover damage to your personal property and food certainly would be considered Personal Property . As long as the power outage was caused by one of the named perils in your policy -LRB- fire , lightning , wind , vehicle damage , etc. -RRB- and it occurred on your premises , you may have a valid claim for food spoiled as a result of a power outage . But if the power outage was caused by something that occurred away from your residence , most Renters policies specifically exclude that type of loss unless the power outage then causes covered damage to your residence . Remember however , most Renters policies have a deductible of $ 250 or more so make sure you take that into consideration . Add to that the effect submitting a small claim , one less than $ 1000 , could have on your future premium or the willingness of your insurance company to renew your coverage . It may be a good idea to pass on submitting this type of claim even though you may have some coverage . In addition , most policies require you to take reasonable steps to preserve your property following a loss . Make sure you have done what you can to prevent your food from spoiling following a power outage . Some policies include a number of additional coverages , often an effort to make one companys policy appear more attractive than another . These additional coverages provide nominal amounts of insurance covering specific loss situations such as key replacement or food spoilage . Here again , you may be tempted to submit a claim because you have coverage but consider the impact a claim might have on future premiums and renewal terms . You may be better served to simply replace the food . When an event like this occurs , try to recall why you purchased insurance in the first place . More than likely , it wasnt to reimburse you if the food in your refrigerator went bad . "}
{"input": "When Is Medicare The Primary Payer? ", "output": "If your only health insurance plan is Medicare , then Medicare is primary . When you have a Medicare supplement plan , Medicare is primary and your Medigap plan is secondary . If you have coverage under an employer group health insurance plan , and the employer has fewer than 20 employees , Medicare is primary . If there are 20 or more employees , the group plan is primary and Medicare is secondary . "}
{"input": "Does Renters Insurance Cover Personal Injury? ", "output": "It can cover for personal injury , but that would have to be specifically added to the basic coverage . Be sure to talk with your Insurance Professional about your particular policy to see if such coverage is available . Assuming that it is , the extra minimal premiu would be well worth it these days . Considering the amount of electronic communication we do and the wide use of social media , having personal injury protection is , in my opinion , a must . "}
{"input": "Will Homeowners Insurance Cover Wind Damage To Roof? ", "output": "Many insurers include amendments to the standard form . The standard form might include damage from windstorm . Your policy might be a replacement policy . The amendment that you might find in the rear of the policy changes that . It probably says that the company will only use actual cash value to settle a loss involving the surface of the roof . This is actually reasonable as roofs do not last as long as the rest of the house . A 20 year roof could have damage after 10 years and the company depreciates the roof and will make an adjustment that makes you whole . It wont pay for a new roof in most circumstances . "}
{"input": "Where Can I Get Renters Insurance Online? ", "output": "You can just enter , `` insurance '' into a browser and you will be besieged by people wanting to sell their product on line . For the same price you can sit down with a qualified insurance agent . The agent will listen to you , provide solid financial advice and communicate clearly with you and the company . I think you will be much happier with the agent . "}
{"input": "When Does Health Insurance Coverage End When You Leave A Job? ", "output": "Group coverage ends a month after your employment terminates . You have the option to go on COBRA for up to 18 months . When you go on COBRA , you have the same coverage as you had before - the drawback is you 're paying 102 % of the premium -LRB- meaning you 're paying your portion , the employer portion , plus an additional 2 % in premiums -RRB- . Under the Affordable Care Act , the loss of other group coverage can grant you a special enrollment period -LRB- a window to purchase a health plan outside of the annual enrollment period -RRB- to apply for a new plan . The metal plans in the marketplace can offer competitive premium and benefits compared to the premiums for going on COBRA . The advantage of an individual plan is that it goes with you regardless of who the employer is . With group coverage , the premiums can be less , but you lose the coverage if you leave the company . If you have any questions about health insurance or would like help with your coverage , send me a message by clicking on the `` contact me '' button . You can also visit my website , TermInsuranceBrokers.com , for additional information regarding health plans . "}
{"input": "When Does Health Insurance Coverage End When You Leave A Job? ", "output": "This is a question you must ask of your employer or your employer 's HR department as the date of the termination of group health insurance coverage can vary depending upon the personnel policies of an employer . In today 's world the most common answer would indeed be that you will remain covered under your employer 's group plan through the end of the month . This is usually a reflection of the fact that most employees are contributing towards their health insurance coverage . However , there are still employer groups whose policy is to terminate coverage on the date that employment ends -LRB- though this is increasingly rare -RRB- . Any employee who is resigning or being terminated from their job should ask for a clear answer as to how long their coverage under the group 's existing health plan will continue . This is especially true of people who work for small businesses that do n't have a Human Resources department , personnel policies such as we are discussing here often get established as a consequence of implementing the group 's health insurance for the first time and it may be years later that your event is occurring and the original office administrator may have long since left themselves and the business owner may not recall what they said they wanted their policy to be in this regard . I have seen this scenario occur many tines . "}
{"input": "When Does Health Insurance Coverage End When You Leave A Job? ", "output": "Good question usally if you were on a group plan you can keep you helath insurance and be on whats called a cobra plan . You can usally keep the same plan for 24 month but remeber that price will go up since your employer will not be paying his share for that plan . Usally if you are in good health you can get an individual plan at less cost than a cobra plan . Good luck "}
{"input": "When Does Health Insurance Coverage End When You Leave A Job? ", "output": "A group plan will end one month after termination of employment . You 'll then have the option to go on COBRA Consolidated Omnibus Budget Reconciliation Act for up to 18 months . The upside to COBRA is you 'll have the same benefits as you 're used to having while employed and all your existing conditions will be covered . The downside is that it 's commonly very expensive . Without the employer portion you 'll be responsible for the full premium + 2 % . That has long been the case for owning individual health insurance . As long as your paying your premiums it does n't matter whom you work for . For more information on COBRA or to shop individual health plans visit www.clminsure.com or call 561-320-2978 "}
{"input": "What Do Life Insurance Agents Get Paid? ", "output": "Life insurance agents work on commissions meaning they are only paid when they finalize the sale of a policy -LRB- including the carrier receiving any necessary outstanding requirements to place the coverage in force -RRB- . The commission is generally a percentage of the first year annual premium that an insured is charged . Some agent contracts may offer residual commissions for certain types of policies . Hope that helps . "}
{"input": "What Do Life Insurance Agents Get Paid? ", "output": "Great question ! If you are considering a career in insurance sales , there are a couple of things to consider . The two most important things to know are that you are only paid when you have the application approved , and the policy issued ; and that it can be very costly between the time you decide that this is your career , and when you are making enough to break even . If you are a go-getter , and are good at sales , you can make a ton of money , and helping people feel secure is very rewarding . You can also start making a profitable living very quickly . If rejection , long hours , and the lack of a steady paycheck bother you , do n't seriously consider this for your career . The fees and costs involved in your training and licensing can also be tough , if you have n't got the money to pay for them , and to develop a client base to work from . I certainly am not trying to be negative about this as a career , -LRB- I enjoy it very much -RRB- but I do believe in painting you a very clear picture -LRB- something that was not done for me - I had a very gung-ho recruiter who wanted money , and did n't particularly care about how he got it , or what happened to the people he made it off of -RRB- . I obviously overcame that , but it would have been nice to know going into it what to expect.If you would like more information , hit the `` contact me '' link , and I 'll be happy to give you more detail . Good for you , and thanks for asking ! "}
{"input": "What Do Life Insurance Agents Get Paid? ", "output": "There are a variety of ways agents are compensated for life insurance . The key issue is that the commission rate is generally higher in the first few years and greatly reduced in subsequent years . Other forms of insurance generally compensate the agent at a relatively consistent rate , year in and year out . "}
{"input": "What Health Insurance Is Best For Pregnancy? ", "output": "Typically , most policies you purchase from the Health Insurance Exchange -LRB- Marketplace -RRB- are going to have specific mandated `` essential '' benefits . The major variable will be the deductible and out of pocket expense . Maternity is one of these benefits . It 's best to work with an experienced broker -LRB- and their website -RRB- so you can compare the most affordable options in your area . Check the network of providers , the track record of the insurer , along with their ratings . This information can be provided by us -LRB- experienced brokers -RRB- . "}
{"input": "What Health Insurance Is Best For Pregnancy? ", "output": "Also take a close look at the in-network providers for each plan . Make sure that the Ob-Gyn group and hospital you plan to use is in-network . One of eight babies are born preterm so also verify that the plan includes at least a level 1 NICU as an in network provider . "}
{"input": "Does A 60 Year Old Need Life Insurance? ", "output": "Most people need life insurance unless the 60 year old is completely financially free of debt , has no survivors such as a wife / husband , and does n't want to leave anything behind to others such as their kids . A lot of times older people may look to a smaller type of life policy which is now coined as a final expense policy . It really depends on the person and their situation though . "}
{"input": "Does A 60 Year Old Need Life Insurance? ", "output": "The answer to that varies as much as 60 year old 's vary . Does the 60 year old have debts or other obligations that need to be met , and few assets to meet them if they should die ? Then life insurance can be very important , because there are not a lot of years left to build up those assets . Even if the 60 year old is financially well off , they need to consider what would happen if they were to be afflicted with a serious , extended health problem . Having long term care insurance and excellent health insurance could reduce the dollar amount needed in life insurance . "}
{"input": "Does A 60 Year Old Need Life Insurance? ", "output": "Suprisingly , far more than you might think . This is a large portion of my practice providing insurance to the 60 plus crowd who have come to me seeking insurance for another 20-50 years . I know many bought into programs offered by the most recent -LRB- yes , they come and go over time -RRB- financial advisors on TV and radio -LRB- ever wonder why they classify themselves as entertainers ? -RRB- whose advice works if nothing goes wrong . Well , how many times does everything work just exactly right ? This is why it is hard to find all these 60 plus year olds through time who have been successful following these programs ... Things change , mortgages are n't paid off , kids and grand kids become responsibilities for grand parents , the pension plan 's best offer is all or nothing and you need life insurance to swing the deal ... So while not every 60 year old needs life insurance , the number of 60 plus people who need life insurance is far greater than those who do n't . "}
{"input": "Does A 60 Year Old Need Life Insurance? ", "output": "Without analyzing a persons full situation , it is near impossible to make a recommendation . Most anyone requires some sort of life insurance , even if it 's just enough to bury the deceased . The idea is to pay less for getting a larger return of cash when needed . By leveraging your dollars over a long period of time , it can help pay for final expenses . If a person needs more cash on hand for estate purposes , there is no cheaper way to pay for the benefit needed than life insurance , if in proper health . "}
{"input": "Does A 60 Year Old Need Life Insurance? ", "output": "The answer to the question in most cases is yes . As we get older we get closer to death , it is a fact of life . When we die , someone will have to pay our final expenses and any debts we may incur . We may wish to provide for those we love and help relieve the burden of loss . Life insurance provides that and more . "}
{"input": "Does A 60 Year Old Need Life Insurance? ", "output": "Does a 60 year old need life insurance ? To answer this question a person must find a 60 year old and ask do you need life insurance ? To get to that answer maybe a few others questions would be necessary to ask , such as ... Do you still have a mortgage ? are you married ? Do you have a pension and want to take the full benefit ? Does anybody in your family still depend on you ? Do you want your wife or your kids to suffer when you pass ? Did all your plans for retirement work out exactly as you 've planned ? Still a ton of questions to ask . Most of my business is based on 60 + year olds discovering they need life insurance . "}
{"input": "Does A 60 Year Old Need Life Insurance? ", "output": "Most 60-years olds would benefit from life insurance but some do n't . If they have no one that will suffer financially when they die , and if their funeral/cemetery/cremation is all bought and paid for , and they are leaving no debts they will do just fine without it . Same is true for any age . "}
{"input": "How To Get Renters Insurance Online? ", "output": "Renters Insurance Online can be purchased directly through Stillwater Insurance Group . In order to produce the lowest premium in your State , you will need to select the minimum personal property coverage sufficient to cover your personal belongings , the minimum liability coverage acceptable to you and the maximum deductible that you 're willing to handle . There is a link providing an online format to obtain a quote and buy renters insurance online in multiple States ; may be useddirectly by Consumers . An exemplary online experience for all ! WEBSITELINK "}
{"input": "How Many Annuities Have Failed? ", "output": "I assume that you mean failed as in `` did not pay what it guaranteed '' . Annuities are backed by the claims paying ability of the Insurance company that issued the policy . This is why it is very important to consider the financial rating of the company you use . Since 2008 , there have only been 3 `` B '' rated insurance companies that have failed . There have been more C , D , & E rated companies that have failed , but not many . And most of the ones that did were D rated or worse . Since 2008 there have been no B + or better companies that have failed . -LRB- Actually its longer than that , but the records I currently have access to only go back that far . But I am not personally aware of any insurance companies that were A rated at time of failure -RRB- This is why most agents recommend using a B + , or better yet , an A rated company . It is also important to point out that just because an insurance company fails , does not mean the annuity fails to pay . Insurance companies are highly regulated . And the states all have a safety net type system set up to help secure the guarantees made by failing insurance companies . Visit WEBSITELINK for more info on what happens in the event of an insolvency . But it is important to remember that whatever safety net might exist . It is no substitute for a solid financial rating . There are way too many well rated companies to use a poorly rated one . "}
{"input": "Why Purchase An Immediate Annuity? ", "output": "That is a great question ! Generally the purpose of an immediate annuity is to provide an immediate supplement to one 's income . They are often funded by money received through a settlement , inheritance , or some other form of large windfall . A way to stretch that windfall and prevent blowing through or outliving it is to put it into the annuity , and receive it in regular payments . It is a good way to protect yourself , and the money . Thank you for asking ! "}
{"input": "Why Purchase An Immediate Annuity? ", "output": "An immediate annuity is the option for someone who wanted to convert a lump sum into an income stream that they could not outlive . According to the annuity , withdrawals must start within 13 months and be substantially equal payments . A benefit of an immediate annuity is that it has a blanket exemption from the 10 percent early withdrawal penalty . Immediate annuities are sometimes used when the investment portion of the retirement income plan is not meeting expectations . "}
{"input": "Does State Farm Offer Medigap Insurance? ", "output": "Yes , State Farm does offer Medigap Insurance in most states . Some plans are not available in some states . Here is a link to an article by Consumer Reports to help you determine which type of Medigap or Medicare Supplement plan -LRB- s -RRB- to get , or if you should get a Medciare Advanatage plan . WEBSITELINK "}
{"input": "Does Medicare Part A Cover Doctors In Hospital? ", "output": "It depends on how you mean this question . The care you receive from doctors while an inpatient at a hospital is covered under Medicare Part A . This is considered part of the medical treatment . If you have an appointment with a doctor who has an office at the hospital , this is covered by Medicare Part B . "}
{"input": "Does Medicare Part A Cover Doctors In Hospital? ", "output": "Yes , the care you receive from physicians while an inpatient in a hospital is considered to be part of the care you receive in the hospital and is covered by Medicare part A . If you have an appointment/office visit with a physician it is covered by Medicare part B . "}
{"input": "How Much Does Life Insurance Pay? ", "output": "Life insurance pays whatever amount that you purchase . Some people take . Policy out for $ 5,000 or less just to have a small policy to cover final expenses . Other people take policies out that will pay in the millions . You do a needs analysis to determine what you need and what type of insurance to get . It will pay the full amount that you bought upon your death . "}
{"input": "How Much Does Life Insurance Pay? ", "output": "There are a couple answers to this depending on what type of policy was purchased . With a term policy , the payout will be the stated policy face amount , less any monies used previously for terminal illness payout . With universal life type policies it could be face amount -LRB- less any terminal illness withdrawal -RRB- or face amount , plus cash values -LRB- less any terminal illness payment -RRB- Whole life depending on the type chosen and internal workings selected can either pay face -LRB- less terminal -RRB- or face plus additional paid up additional face amount earned over the life of the policy . Death benefits will also include any interest earned between date of death and date claim is paid . With cash value policies any outstanding policy loan values will also reduce the payout . "}
{"input": "What Is Long Term Disability Insurance? ", "output": "Long term disability insurance is an insurance product designed to protect most people 's most valuable asset , their ability to earn a living . It could be from an injury or an illness , that you are no longer able to work at the occupation which you were educated and trained to do . There are a few components to be familiar with . The first is the benefit amount which can be limited to 50 % to 75 % of your monthly income at the time of becoming disabled . next is the elimination period . This is the time period you are medically diagnosed as disabled and the time when benefits begin to pay to you . Next is the period benefit which is the time period the benefits are paid to you . For example , benefits can be paid for 2 years . 5 years , 10 years or age 65 or 67 years old . Because there is a lot to consider I recommend using an experienced independent disability insurance broker to help guide you through this maze , so you receive the best coverage at the best price for your unique situation . "}
{"input": "What Is Long Term Disability Insurance? ", "output": "Long Term Disability Insurance is a morbidity product to protect your earning ability during your working career . Your number one asset is your ability to earn money to pay for the lifestyle you want . Disability insurance is paycheck protection and can generate a good portion of your income if you cant work . Most executive packages include full disability insurance coverage until age 65 . The odds are youll need it once during your working life . It can protect up to 60 % of your compensation as a tax free benefit or up to 80 % as a taxable benefit when the premium is deducted as a business expense . "}
{"input": "What Is The Difference Between A Home Warranty And Home Insurance? ", "output": "There is no similarity between Home Warranty and Home Insurance except the word ` Home ' ! The purpose of a Home Warranty contract is for a homeowner to enjoy a warranty for covered appliances in the home ; the warranty provides assurance that covered appliances will be repaired or replaced . There are usually options available ; for instance , an Air Conditioning Unit orSwimming Pool Equipment may be available as an additional endorsement . Home Insurance on the other hand is necessary to provide the sudden and accidental loss to the dwelling from covered perils namely Fire , Lightning , Hail , Wind etc. ... Home Insurance does not provide the warranty of home appliances from break down or normal wear and tear . For example , in the disastrous event of a house fire , the homeowners insurance will provide coverage to rebuild the home and replace appliances that were damaged in the fire . This example is simply meant to aid the understanding of the difference between a home warranty and a home insurance policy ; none of the above will supersede a consumer contract issued by an insurance carrier or home warranty company . "}
{"input": "Is Life Insurance Part Of Your Net Worth? ", "output": "That is a great question ! As a rule , while you are living , the benefit amount is not since the face value of the policy is not an asset that you personally will be able to use . The death benefit is an intangible asset , until you pass , and assuming that you have a named beneficiary , will not become a part of your estate , but will increase the amount of what your total net worth was . If you have a large cash value in a policy , that is counted in your net worth , and Medicaid will count that cash as an asset , so you may want to consult with your advisor if this is the reason for asking the question . Thanks for asking ! "}
{"input": "Is Life Insurance Part Of Your Net Worth? ", "output": "The cash value of your life insurance would be part of your net worth . The death benefit of you life insurance would not be included in your net worth . It would be included as part of your estate . An independent life insurance broker , who represents several companies , can help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "How Much Does A Good Health Insurance Cost? ", "output": "It varies from person to person . Your age , where you live , if you use tobacco products , and if you qualify for a subsidy to reduce your premium will determine how much a good policy is going to cost . Under the Affordable Care Act , you have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age is a big factor as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . All of the plans offer good coverage . A silver or gold plan are your middle of the road type of plans because they provide strong coverage at an affordable price . I always recommend consulting with an experienced health insurance broker before you apply for anything . We can help you determine the plan that 's going to be most suitable for your needs and budget . 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": "How Much Does A Good Health Insurance Cost? ", "output": "Good health insurance can sometimes cost you nothing ! That 's right . Free . Zero dollars . Thanks to the ACA -LRB- Affordable Care Act -RRB- legislation , large federal subsidies are available to all citizens of the US . Qualification is based on household income and a few other variables . If you do n't qualify , there are many low-cost options that will keep your premium low . Quality coverage with lower deductibles also does not necessarily have to be expensive if you shop the right way . LIVE answer provided by : Ed Harris - Premier health insurance broker for 33 years and owner of several top-rated websites that specialize in finding quality healthcare at the lowest cost . "}
{"input": "How Long Can My Son Stay On My Health Insurance? ", "output": "Under the Affordable Care Act children may stay on their parents ' health insurance plan until they reach the age of 26 . At 26 they have a number of choices and options . When they reach 26 they can take COBRA if their parents plan was a group health insurance plan or they can buy individual health insurance since they have a qualifying event . "}
{"input": "Which Company Offers The Best Life Insurance? ", "output": "Term life insurance has very few variables , so many companies offer good Term Life policies . The main things to look for are a guaranteed level premium , a guaranteed level face amount , and conversion options . Aside from looking at the policy , you can look at the rating of the company . The policy is only as good as the company that issues it . Any rating above an A is what I feel is a secure rating for a life insurance company . "}
{"input": "Does Renters Insurance Cover Exterminators? ", "output": "Typically they do not . In most cases pest control is considered a maintenance issue and not covered . And renters policies are `` named peril '' policies ; you wo n't find pest occupation of the home as a named peril . However there may be coverage under the owners insurance for pest removal and/or the damage to the building caused by them . Even where the coverage is offered its scope is limited in terms of vermin and type of damage . "}
{"input": "Can I Drive My Friend's Car Without Insurance? ", "output": "That really depends on your friend . In many states you would be driving illegally if you do not have insurance coverage . Does your friend want to put his/her rates at risk if you are involved in an accident . If you do not have insurance coverage your friends insurance would end up paying on covered claims possibly causing there rates to increase or cause their insurance to be dropped . Be a good friend and do n't drive without insurance . "}
{"input": "Can I Drive My Friend's Car Without Insurance? ", "output": "Car insurance follows the car . It is the car that is insured . If you are a licensed operator you can drive the car and the coverage will remain in force . That also means that the insurance available is limited to the amount on the car . If bare legal limits are maintained you could find yourself in an accident with insufficient insurance and action could be taken against you as the operator . "}
{"input": "Can I Drive My Friend's Car Without Insurance? ", "output": "I am an agent in California and in California as long as the car is insured your covered . In other words you do not have to have insurance . You only need be legally licensed . The person loaning you the vehicle would carry the insurance and would also be held liable for for any accident you cause . Keep in mind , just because your friend hascoveragethis does not necessary protect you in a law suit . "}
{"input": "How Much Will Medicare Pay On An MRI? ", "output": "An MRI would be payable at 80 % of the Medicare Approved amount . You will be responsible for 20 % , so assuming for example that the approved cost of the MRI is $ 300 you would be responsible for $ 60 , Medicare pays the rest . Medicare Approved amounts are based on a schedule that Medicare has established . The approved amount will depend on the code the doctor uses when submitting his bill to Medicare . "}
{"input": "What Is To Blame For The Sharp Increases In Health Insurance Premiums? ", "output": "What is to blame for the sharp increases in health insurance ? Well is it OK to say everybody ? We all have a hand in the cost of healthcare in this country . This is going to be why it will so hard to change our system or lower it 's costs . To do so , requires everybody to do something and the problem is everybody has a solution that leaves them untouched and hammers the other guy . Just wo n't work that way . "}
{"input": "What Is To Blame For The Sharp Increases In Health Insurance Premiums? ", "output": "I dont believe that there is any one person or entity to blame . Insurance , like everything else -LRB- except interest rates -RRB- has been rising in costs . We can attribute these increases to a couple of factors including ; higher costs of providing healthcare , people living longer and needing additional healthcare services , % of premiums received to claims paid , higher administrative costs , etc. . The government and their policies can also influence rates as their actions can have a direct impact on what it costs an insurer to operate . In order to stay in business insurance companies must remain profitable and sometimes that means an increase in pricing . "}
{"input": "What Is To Blame For The Sharp Increases In Health Insurance Premiums? ", "output": "Well , there are a lot of reasons for sharp price increases . High utilization , aging population , more expensive treatments and tests , regulations , and other factors . All countries are struggling with high costs of healthcare and not just the US . Remember , 85 % of all premium paid is then returned out in claim payments . The other factor that we have seen over the years is the Medicare rub . We have seen a larger increase in cost in the commercial risk -LRB- employer pool -RRB- because of a lowering of medicare reimbursement rates . When Doctors and hospitals receive less in reimbursements on on part they need to make it up somewhere else . So , the employer pool has been supporting Medicare . "}
{"input": "What Is To Blame For The Sharp Increases In Health Insurance Premiums? ", "output": "I suppose you could take your pick . Some independent industry experts will point their finger at President Obama . Others will blame Congress and other government officials . They may both be right . Insurance companies are frequently a target , but in a capitalistic system , it benefits the insurers to charge the lowest rates so they can gain market share . Ourselves -LRB- consumers -RRB- may be partially to blame because of bad eating andexercisinghabits -LRB- some of us -RRB- . Yes , there are plenty of folks to blame for high health insurance premiums . "}
{"input": "How Does Renters Insurance Deductible Work? ", "output": "When a loss occurs you can file a claim against the renters policy . The company will investigate and settle the claim based upon the value of the property that was lost , the limit of coverage and the deductible . If there is $ 50,000 in personal property coverage and the loss is fixed at $ 30,000 you would be sent a check for $ 30,000 minus the deductible . If the deductible in the policy is $ 250 , you would receive a check for $ 29,750 . "}
{"input": "Does Life Insurance Affect SSI Benefits? ", "output": "It definitely can in many states . It 's not the death benefit that 's the problem , it 's the cash value . It 's counted the same as money in the bank . If you just want enough insurance to cover funeral costs you can set up an irrevocable funeral insurance policy at a funeral home . Those are exempt from counting as an asset . Some funeral homes will take assignment of your existing policy if you ask them . Or if you start a brand new policy you can make someone else -LRB- like an adult child who is not on SSI -RRB- as the owner from the begining . "}
{"input": "Does Basic Life Insurance Cover Accidental Death? ", "output": "Yes , Basic Life Insurance does cover accidental death , as well as death due to natural causes -LRB- i.e. illness , old age -RRB- . You sometimes have the option to put an Accidental Death rider on a basic life insurance policy . This increases the amount that would be paid to your beneficiary if you died accidentally , as opposed to dying from natural causes . Usually accidental death riders are offered in options of multiples of your basic death benefit . E.g. Your policy would pay $ 100,000 if you died of illness . But with the Accidental Death rider it would pay 2 times that amount , or $ 200,000 , if your death was due to an accident of some sort . However , without that rider , the policy would still pay $ 100,000 for death due to accident OR natural causes . "}
{"input": "Does Basic Life Insurance Cover Accidental Death? ", "output": "Yes , accidental death is covered the same as an illness or murder as acause of death . `` Basic life insurance '' covers all causes of death with the exception of a suicide which would not be covered for a two year elimination period on most polices . You can add an accidental death rider to most life insurance plans that would double the face amount in case of an accidental death for usually a very affordable premium depending on underwriting . "}
{"input": "Does Basic Life Insurance Cover Accidental Death? ", "output": "All policies cover death by accident . Accidental death and dismemberment -LRB- AD&D -RRB- policies will only cover death this way . These are very popular ` add on ' policies , to provide ` extra ' coverage in the event of an accident , but many people mistakenly think they are covered for much more than they may really be . Passing out from drinking and crashing the car resulting in death may not be covered . -LRB- Yes , there was an accident , but the circumstances that caused the crash were not one , in this example -RRB- There are sometimes limitations in whole life and term policies also . As always , I 'd advise you to ask an agent for more specific details . Press the ` contact me ' button , I 'd be glad to help with any questions you may have ! "}
{"input": "Does Basic Life Insurance Cover Accidental Death? ", "output": "In Canada , basic life insurance covers all cause of death including accidental death . In fact life insurance even covers suicide after the policy is in force for 2 years -LRB- or 2 years after reinstatement -RRB- We used to describe accidental death insurance as shock insurance , since there is no time to prepare . Often it is challenging to determine if a death or not . For example , a driver goes off the road and hits a tree and dies , did his heart stop before hitting the tree -LRB- natural causes -RRB- or after he hit the tree -LRB- accidental death -RRB- . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Does Basic Life Insurance Cover Accidental Death? ", "output": "Every life insurance policy covers accidental death . Traditional life insurance policies provide full coverage -LRB- paying out proceeds in the event death occurs by illness or injury -RRB- . Partial coverage policies only covering accidental deaths are known as Accidental Death & Dismemberment life insurance programs . These policies typically feature much lower premiums than full coverage programs , but only pay out a death benefit if death occurs under certain conditions -LRB- e.g. dying in a car accident -RRB- . If you only have an AD&D policy and you die due to a heart attack , the policy would not pay out any proceeds because that would be considered death due to illness . Even though the premiums are less with AD&D policies , it 's worth paying the premiums for a full coverage life insurance policy because individuals are most likely to die due to illness than they will by injury . "}
{"input": "Does Basic Life Insurance Cover Accidental Death? ", "output": "Yes , a basic Life Insurance policy , as you call it , would cover for accidental death just as it would for death by any natural cause . There are policies that ONLY provide benefits if the insured dies as a result of an accident . Such coverage might be one 's only option if one has a medical history or works in a hazardous profession that might make them ineligible for a traditional life insurance plan . Generally these accidental death policies are less expensive and are not medically underwritten , but obviously , are much more narrow in scope . "}
{"input": "Can I Transfer My Life Insurance? ", "output": "Yes . You can transfer the ownership of your life insurance policy to someone else . One reason that people change ownership though is to try to keep it from counting as an asset when qualifying for Medicaid . In those cases , it only works if you transfer it 5-years or more before applying for Medicaid . You can transfer the ownership to a funeral home for a 1st day exemption from Medicaid but you do n't want to do that with a large policy because Medicaid will get any money that is not used for the funeral . You can also transfer the beneficiary from one person to another . "}
{"input": "Can I Transfer My Life Insurance? ", "output": "If you mean transfer the death benefit to another individual the answer is no . Life insurance is written on the individual based on their age and health . If you mean transfer ownership of a policy on your life to another individual or trust , then the answer is yes . "}
{"input": "How To Choose A Medigap Plan? ", "output": "Medigap plans are fairly straighforward as they have standardized benefits -LRB- e.g. meaning a medigap plan F from company ABC is the same exact plan F from company XYZ -RRB- . You can see the chart illustration of benefits in the Medigap guidebook on page 11 -LRB- free copies are available on the Medicare.gov website - I can e-mail a copy to you upon request as well -RRB- . Some of the big advantages of Medigap plans are that there are no networks -LRB- you can go to any doctor or hospital that accepts Medicare -RRB- and the policy is guaranteed renewable . Most people buying a Medigap plan will purchase a plan F or plan G as they create the most predictable healthcare expense structures . Plan F offers the most comprehensive coverage - it covers all Medigap benefits at 100 % from day 1 . The advantage of this plan is that it creates a very predictable healthcare expense structure -LRB- for the most part , you 're writing a check for your premium and you 're done - you wo n't get hit with big bills for any Medicare-approved charge -RRB- . Plan G is the second most comprehensive plan available - it 's identical to plan F except you would be responsible for the Medicare Part B deductible -LRB- $ 147 in 2014 -RRB- . The advantage of a plan G is that in many areas the savings in premium per year are greater than the cost of the deductible . For example , if the difference in premium is $ 30 per month - you 're saving $ 360 per year by taking on a risk of $ 147 . The big factor to look at when comparing companies is the price of the plan you select . Remember - a plan F from one company is the same exact plan F from another -LRB- in short , why pay extra for the same coverage -RRB- . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage and if you have any other questions . Thanks very much . "}
{"input": "How To Choose A Medigap Plan? ", "output": "The easiest way is to contact an independent insurance agent that specializes in Medigap plans . They will be a great resource for showing you your options and cutting through the confusion . A good agent will be able to present you quotes from all the major carriers and walk you through what each plan covers . It 's the difference between spending a 1/2 hour on it vs weeks of trying to do it on your own . You can also visit our website for a lot of information . Questions to ask yourself : 1 . Do you want to be able to go to any doctor or hospital ? 2 . How much out of pocket expense are you comfortable with ? 3 . Do you want a plan that covers most of the out of pocket expenses -LRB- i.e. deductibles , co-insurance , co-pays -RRB- ? "}
{"input": "How To Choose A Medigap Plan? ", "output": "You first want to research the types of benefits available under a Medigap plan , decide which of these benefits you want , and then select the Medigap policy that meets these needs . All of the Medigap plans are standardized so the benefits under a given plan is the EXACT same from every carrier . So how do they differentiate themselves in that type of marketplace ? They feature different rates , rating methods - community rated , issue age rated , and attained age rated , and value added services -LRB- e.g. UHC plan members can get discounts for vision or dental services and access to the senior sneakers program through AARP -RRB- . A lot of people think `` Why do n't I just get a plan F ? All of the benefits available are included in that plan ! '' While this is true , this plan is also going to be the most expensive . If you 're on a fixed income , you may want to try to keep your cost down . Therefore , a different plan may be more appropriate for you . For example , a plan G offers all of the same benefits as a plan F , except for the Medicare Part B deductible -LRB- $ 147 for 2014 -RRB- . However , a plan G is going to be cheaper than a plan F -LRB- and usually by a good margin -RRB- . Plan N can also reduce premiums by a substantial margin and offer great coverage as well - the difference from plans F & G being a small copay is due when you go to the doctor -LRB- up to a $ 20 copay -RRB- or the hospital -LRB- up to a $ 50 copay -RRB- and excess charges are not covered . Plan N is most useful for someone who 's doctors accept Medicare and accepts assignment -LRB- when accepting assignment , a doctor accepts the Medicare-approved amount as payment in full and can not bill you an excess charge -RRB- . Another major point to keep in mind is where your health is now and where it may be in the future because you might not be able to switch to another Medigap plan later if your health drastically changed down the line , you may not be able to qualify for a new plan if medical underwriting is required . The rating method a carrier uses is an important factor to consider here . You also need to find out which carriers offer the plan in your area . Remember to keep in mind that not every carrier offers every plan . Because there are many health care plan options available to seniors , it 's most helpful for you to work with an experienced broker who can guide you through all of these steps . Please feel free to contact me for help . Thanks very much . "}
{"input": "What Are The Functions Of Having Disability Insurance? ", "output": "As Tim so aptly described , the function of Disability Insurance is simply to pay you when you are unable to bring home a paycheck . While Disability Insurance itself is a very straightforward product , there are many features and riders to DI that perform different functions . E.g. Having the `` own occupation '' feature will enable you to receive payments if you can not work at your OWN job . Without it , you may be ineligible for benefits as long as you can work at ANY job . So when you got to buy Disability Insurance , do use a professional who can help you get the policy that performs best for your needs . "}
{"input": "What Are The Functions Of Having Disability Insurance? ", "output": "The functions of disability insurance is really only one . It replaces your income due to a medically disabling illness or injury . The monthly benefits can be used for anything you choose . People pay their monthly living expenses , health insurance deductibles , medical devices not covered by insurance and many more . If you depend on your earned income to live , you need a good disability policy . "}
{"input": "Will Medicare Advantage Disappear? ", "output": "Medicare Advantage plans will probably not disappear completely , but you can expect the landscape to change going forward . Obamacare strips over $ 700 billion from Medicare funding to pay for subsidized health insurance for people under age 65 . Reduced funding means : Fewer Advantage plan choices Smaller networks Higher premiums Higher deductibles and copay 's Higher out of pocket "}
{"input": "Will Renters Insurance Cover A Storage Unit? ", "output": "If the personal property stored in a storage unit is an emergency removal from the insured residence , it is fully covered for thirty days . If it is merely storage of excess items the coverage is limited to ten percent of the personal property limit stated in the policy . "}
{"input": "Would A Cat D Car Affect My Insurance? ", "output": "Auto insurance follows a specific car . If you have other cars , adding a Cat D car will probably not affect the policy . Many insurers will not provide physical damage coverage for a Cat D car . Otherwise you should be able to find a company that will insure the car for public liability . "}
{"input": "How Much Does A Claim Affect Home Insurance? ", "output": "An insurance company has underwriters who evaluate a risk -LRB- home -RRB- to see if it conforms to a standard definition of what the company wants to insure . A claim is seen as a deviation from that standard definition and is therefore scrutinized . The claim may be disregarded , charged an increased premium or declined . The underwriter may modify the specification of the policy such as require an increased deductible . Some insurers reward a `` claims free policyholder '' and this reward is normally withdrawn when they have a claim . "}
{"input": "Is Medicare B Voluntary? ", "output": "You do have the right to opt out of Part B. Be very careful however . Unless you have group or other coverage equal to Medicare , then you can be penalized for every month that goes by that you were eligible for and did not carry Part B . That penalty will never go away and can get very expensive . I do not recommend opting out of Part B. "}
{"input": "Is Requiring Health Insurance Unconstitutional? ", "output": "Requiring health insurance is not unconstitutional , although many persons would disagree . Is ip unpopular ? Absolutely . Approximately half -LRB- or more -RRB- of US adults do not like the idea of forcing consumers to purchase healthcare . In 2014 , if you do not buy coverage , you will have to pay a special tax that the IRS will attempt to recover from you . An experienced broker can help you find the cheapest plan in your area . We also help you determine if you are eligible for a federal tax subsidy . "}
{"input": "Can I Add My Parents To My Health Insurance? ", "output": "You can only add your spouse and your children to your health insurance policy -LRB- and a child you are a legal guardian of -RRB- . Your parents must be on their own health insurance plan -LRB- if you 're under age 26 , you can be added to their 's , but not the other way around -RRB- . 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": "Can I Add My Parents To My Health Insurance? ", "output": "If you have individual health insurance the answer is definitely - NO . If you are covered under an employer 's group health plan the answer is almost always No as well . However , there is a very narrow circumstance where you might be able to add a parent onto your group coverage . I 've never seen it in real life but here 's how I understand it could be approached . First , you have to determine if your parent qualifies as a dependent under IRS guidelines . IRS guidelines say that if your parent is under age 65 , they have an annual income of less than $ 3650 and you pay more than half of your parent 's total support for the year you can claim them as a dependent . As you can see , these a some pretty hard criteria to meet but I 'm sure there have to be some people out there that fit this profile . Next , you will have to have a serious meeting with your employer and have family coverage available through your employer 's health plan . You ca n't add your parent as an individual . If your current coverage level is employee only you would have to change it to a level where two or more adults can be covered -LRB- e.g. - family coverage -RRB- . You must be prepared to provide documentation -LRB- tax filings , etc. -RRB- to your employer to support your request and , in all candor , I 'd visit with a family lawyer before meeting with your employer . It is highly likely that your HR person or the business owner has never been presented with this situation before and it 's such a rare situation that in some ways it defies common sense and is at odds with what is commonly accepted business personnel practices . Until your question prompted me to do some research my initial reaction was `` no way '' and I 've been in the business for 30 years . You should n't expect this to be easy to accomplish , you may have to be the educator and you may find yourself having to deal with your employer , their insurance broker/consultant and probably the health insurance carrier themselves and to be expecting resistance every step of the way . "}
{"input": "Which Company Is Best For Home Insurance? ", "output": "The best company for home insurance is the one that has a policy in force on your home . There might be reasons to change companies but it is the in force policy that you need . Insurance companies are highly regulated . Most states have an elected official whose responsibility is to monitor the activities of all the insurance companies admitted to that state . While there are minor differences in the balance sheets of companies you can expect that any insurance company doing business in your state is going to fulfill their contractual obligations to you . "}
{"input": "Is Medicare Optional At Age 65? ", "output": "You are not required to enroll in Medicare Part A or Part B at age 65 . For most people , Part A is `` free '' so you might as well accept it . After all , you paid for it . If you refuse Part A you may also be required to forfeit your Social Security check . "}
{"input": "What To Do If Homeowners Insurance Denies A Claim? ", "output": "Contact your local agent or your carrier 's claims representativeto file an appeal with them . Explain to them the reason you believe that the claim should be covered if possible reference policy language that backs what you are saying . Your carrier will then have to take another look at the claim that was filed . The insurance carrier in most instances wants to insure that the client is compensated appropriately for a loss . Nobody really wants an unhappy client . "}
{"input": "My Dad Bought A Life Insurance Policy For Me, Unbeknownst To Me. Do I Have To Make Payments On It? ", "output": "If you do n't want the policy any more , you do n't have to keep it , and you do n't have to make payments on it . They can send you all the notices they want , but no one can take you to collections for life insurance . If you quit paying on it , the policy will lapse . It is your choice . "}
{"input": "My Dad Bought A Life Insurance Policy For Me, Unbeknownst To Me. Do I Have To Make Payments On It? ", "output": "It seems that your father bought an insurance policy for the purpose of you to have a policy of your own when you are no longer dependent under him . The decision will rely on who bought the policy and who was designated to pay for the policy which should have been your father since he opened up the policy . On the application will ask who is owner of policy and who will pay the premium . In insurance dependents are children of parents 25 and under . When a policy is taken out on child by a parent they receive lower rates , or even a rider which is an additional form that will cover all child dependents no matter the number until the age 25 . Once at that age they can become insured on their own policy at a guaranteed issue no matter what . In your case , you was not owner of policy , and you did not take over the policy . You dad owned the policy since he was the pay or even if the policy was written on you . You should have officially signed applications to own the policy , and it turned over to you . So , if not they have no course for action , since , you did not own the policy . You owe them nothing and you may cancel unless you voluntarily took over ownership . You may still cancel the policy anytime you desire . It also seems you have no beneficiaries . Also he may have taken the policy out on you in order to insure you in the event something happens to you which will relieve the financial burden upon the family . "}
{"input": "My Dad Bought A Life Insurance Policy For Me, Unbeknownst To Me. Do I Have To Make Payments On It? ", "output": "There are a few things you need to be aware of . First , if your over 18 , you have to sign the application for life insurance . If it was purchased prior then your signature is not required . When the policy was issued , there was a payor identified other than yourself . If he turns the ownership over to you , then you have to decide if you want it . If you do n't , then you do not have to pay pay for it however be aware the policy will lapse . Find a local broker to look at your current policy if you are not sure what you have and what the options are . "}
{"input": "Will Medicare Pay For Sleep Apnea Surgery? ", "output": "Your sleep apnea must have been diagnosed by a physician and verified by a doctor prescribed sleep study in a Medicare approved facility . Some mild forms of apnea can be treated with devices , weight loss , cessation of tobacco use . But in some cases surgery may provide relief . If your condition warrants it , Medicare will pay for surgery . Your doctor can advise you about your options . "}
{"input": "How Much Renters Insurance Should I Carry? ", "output": "That is a great question ! To answer it really simply , you need enough to cover the cost of your stuff if it were to be destroyed , and enough liability to cover if someone were to get hurt in your apartment -LRB- or you were the one who caused the destruction -RRB- and decide to sue you . Hopefully that would n't ever be an issue , so generally the balance of your decision lies with the value of your stuff . To come up with that number , ask your agent if they have a value calculator , and then adjust that figure as needed , or go old school and list everything -LRB- brooms and garbage cans included - everything that you would have to replace -RRB- and its approximate value . That total is what you want as a starting point for your coverage . I hope that helps , thanks for asking ! "}
{"input": "How Much Renters Insurance Should I Carry? ", "output": "There are two parts to the question because there are two major parts to a renters policy . The policy should have as much liability insurance as you can possibly afford , bankruptcy can ruin your future . To determine the amount of property coverage I suggest that you take pictures of everything in your unit . Then very , rationally sit down , make a list of the property and assign a replacement cost to each . The sum will be the amount of property coverage that you should carry . "}
{"input": "What Does Endow Mean In Life Insurance? ", "output": "The word endow in the English language means `` to provide with property , income or a source of income '' . For a life insurance policy to endow means that the policy will pay out the face amount to the policy owner or beneficiary , even though death of the Insured person has not yet occurred . The face amount might also be paid at intervals with interest . "}
{"input": "What Does Endow Mean In Life Insurance? ", "output": "Endow , in the context of life insurance , can mean a few things . For example , when we design proposals for clients which involve flexible premium products such as universal life and its variations , we tend to solve for premiums based on conservative interest projections and aim at growing the cash value to `` endow '' at age 100 meaning we want the cash to grow to equal the initial death benefit purchased . Pure endowment policies are no longer offered in the US due to tax code changes which declassified them as life insurance around 1980 . In 1988 the term `` modified endowment contract '' was introduced into the code to further limit `` investment '' oriented life insurance . But the endowment concept is still alive and well when we design life insurance for maximum cash value accumulation within today 's limits . "}
{"input": "How Much Is Renters Insurance For College Students? ", "output": "-- > Normal 0 Before college students consider purchasing renters insurance , which I would refer to as tenant-homeowners insurance , I suggest they make the effort to find out if they are already afforded coverage by their familys homeowners or tenant-homeowners insurance . Students who maintain their primary residence as their familys home should be considered insureds under their parents policy . As an insured , their personal property should be covered anywhere in the world and in particular , at a temporary residence . In many cases , the coverage afforded by the familys policy will better than coverage they could buy on their own . Thats the first place I would check and I would get the response confirmed in writing . There may be limitations and deductibles to consider but in most cases the basic coverage should be adequate to cover most situations . Personal liability coverage should be available as well . For students who are no longer residents of their parents household -LRB- emancipated -RRB- or for parents who fear the impact of claims on their coverage , a separate policy could be considered . Insurers may be more reluctant to cover students on their own while at school but coverage should be available . A good place to start may be the parents insurer or agent . Basic policies with a $ 10,000-15 ,000 personal property limit should cost $ 200-300 a year . Coverage will be limited to specifically named perils , deductibles will apply and property will be covered for its actual cash value -LRB- not the cost to replace an old item with a new one -RRB- . If replacement cost coverage is available , I suggest you consider adding it . "}
{"input": "Is Home Insurance Mandatory In California? ", "output": "Home insurance is not mandatory in California . But any financial institution that loans you money to buy real property can require you carry HO insurance . If you fail to procure a policy , they will buy one for you and charge you for that . Also , if your property is located in the flood zone area , the same lender may also require you buying flood insurance . The only thing I have n't seen required from the Homeowner is an earthquake insurance . However , we strongly suggest you review you options . Nowadays , with theCalifornia Earthquake Authority -LRB- CEA -RRB- this coverage became much more affordable than before . "}
{"input": "Is Home Insurance Mandatory In California? ", "output": "No one in California is required to purchase homeowners insurance . A homeowners has the option of self insuring . However a lender will require a homeowner to carry homeowners insurance as a condition of your loan . This is to guarantee the lenders investment is not lost if there is a loss on the property . Once your home is paid off you may do as you wish . However in either case I strongly suggest you protect what most likely is your biggest investment is insurance . "}
{"input": "Is Home Insurance Mandatory In California? ", "output": "Great Question . Home insurance is mandatory in California only if you have a mortgage on the house . If you still make payments to the bank on the home they will have you buy home owners insurance and force you to keep it . If your home is paid off then having insurance is a good choice but not required . Good Luck "}
{"input": "Is Home Insurance Mandatory In California? ", "output": "If you have a mortgage on your home , usually the lender/mortgagee will require you to have home insurance . Otherwise , it is your choice to whether have it if your house is completely paid off . If you decide not to get insurance , then you will self-insure your house in case anything happens to it.Personally , Ido n't think it is a smart thing to do even if you can afford to payfixing thedamages and/or even rebuilding your house in case of fire . That 's why you want to transfer the responsibilty to insurance companies who have much bigger pocket to pay for that . "}
{"input": "Is Home Insurance Mandatory In California? ", "output": "Home insurance is not legally mandatory in any State including California . If a mortgage contract exists against the home , it is likely that the mortgagee requires at least a basic Fire & Lightning policy on the home to protect the collateral security for the mortgage . If on the other hand , there is no mortgage , it would not be adviseable for one to take the risk of fire or personal liability alone . One may purchase a Homeowners Insurance policy with a very high deductible thus generating a comparatively much lower rate in order to have coverage should a major catastrophe occur . Arizona , California & Nevada free quotes are available online at : WEBSITELINK "}
{"input": "Is Home Insurance Mandatory In California? ", "output": "If you own a home you do not need to insure it . If you can sustain the loss of the home through fire or other peril and not suffer any economic setback , then insurance isnt necessary . If someone sues you for personal injury or property damage and you can take care of the lawsuit out of your petty cash , you dont need insurance . If you dont owe any money on your house , you dont need insurance . "}
{"input": "Can My Auto Insurance Company Deny My Claim? ", "output": "Your auto insurance company can deny your claim , although most claims tend to be approved . For example , if you fraudulently filed a claim , or attempted to recover damages on a vehicle that you did not drive or own , surely , the claim would be denied . If you pet was attempting to drive your vehicle and hit a stop sign , then do n't expect a check from your insurer . When in doubt , an experienced broker can explain the entire claims process , how long it takes and what the likely outcome is going to be . "}
{"input": "Can My Auto Insurance Company Deny My Claim? ", "output": "An insurance policy is a legal contract . It obligates the company to pay for damages caused by specified events or perils . If your loss meets the legal requirements , your claim will be paid . Getting the claim paid is not the rub for most customers . The problem that occurs is that they are often forced to pay to repair their own car when they felt that someone else was at fault . Determining fault is a major issue . "}
{"input": "Does Renters Insurance Cover Legal Fees? ", "output": "The cost of defense is included in the liability coverage on most renters policy . The wording is interesting because the coverage lasts until the limit is exhausted . The point is simple , lawsuits are expensive . When setting limits for a renters policy accept the highest liability limits available . "}
{"input": "Can I Cancel My Health Insurance At Any Time? ", "output": "You can cancel your insurance anytime BUT you need to be aware of the new rules regarding when you can enroll in a new policy . The ACA rules have made it so you can only enroll in a non group based health plan during open enrollment which runs from November 15th to January 31st . You will not be able to enroll in a plan outside of that period without a special election period . Cancelling your current insurance is voluntary loss of coverage and not a valid election to enroll in a new plan . The big misconception is people think you can only enroll in an ACA `` Obama care '' plan during open enrollment but the rule applies to non ACA plans as well . In other words , if you cancel your current insurance , be prepared to wait until the following January until you can be enrolled in plan again . "}
{"input": "Can I Cancel My Health Insurance At Any Time? ", "output": "You can cancel your health insurance at any time . However , before you cancel , you should have other coverage in place with a current effective date . If you are unsure of the type of policy you need , an experienced broker can review all of your options , shop the top-rated carriers and guide you through the enrollment process . "}
{"input": "Can I Cancel My Health Insurance At Any Time? ", "output": "Yes , you can cancel any insurance at any time ! The carrier may have restrictions on when and under what conditions a policy can be cancelled but an insured has no long term obligation to a policy . Please be cautious before cancelling a policy ; there have been many cases where an insured has cancelled a policy and has been unable to obtain insurance again for a variety of factors . It is a good idea to replace your coverage first unless you 're certain that you do n't want the insurance . "}
{"input": "Can You Take A Loan From Your Life Insurance Policy? ", "output": "If you own a permanent life insurance policy that has accumulated cash values , you may be able to borrow money from it . Policy performance can vary and some policies surrender charge provisions may apply . And keep in mind that there are policy loans charges as well . The policy must be kept in force for the life of the insured or all policy loans of gain and internal policy loans will re-characterize as phantom income and taxed as ordinary income in the year of lapse or termination . "}
{"input": "Does Renters Insurance Cover Theft Away From Home? ", "output": "Renters insurance will cover you for theft on and off yourpremisesminus your deductible . For example if you are traveling and your luggage was stolen this would be acoveredperil . I recommend you discuss with your local agent as renters polices may and often do have limitations for certain items such as jewelery . "}
{"input": "Does Renters Insurance Cover Theft Away From Home? ", "output": "-- > Normal 0 Renters -LRB- Tenant/Homeowners -RRB- Insurance policies will usually cover your personal property anywhere in the world . Of course , most tenant / homeowner policies also provide coverage on a named peril basis and theft is usually a specifically defined covered peril . So , in a general sense , renters policies should cover theft of your covered personal property while it is away from your home subject to the policys exclusions and limitations . Common limitations include : no coverage for theft from a dwelling under construction -LRB- often can be added -RRB- , theft from another residence you own or rent unless you are temporarily residing there , theft from the part of a residence you rent to someone , theft of boats , their equipment , trailers or campers , etc. . "}
{"input": "Why Should I Have Long Term Care Insurance? ", "output": "You should have long term care insurance if you have a large enough estate that you would hate for all of it to pay long term care costs , but not so large that you could easily pay all your long term care costs yourself . Also , if you are in the first group , it is nice to have long term care insurance so that you can choose your own nursing home or other form of covered care , rather than having to go with what Medicaid is approved to cover . "}
{"input": "Does Owning A Trampoline Affect Home Insurance? ", "output": "Many companies refuse to issue a homeowners policy when there is a trampoline on the property . The trampoline is clearly identified as a hazard . Regardless of mechanisms to make them safe , there is still a high incidence of claims involving a trampoline . Companies that will insure a home with a trampoline will normally be considerably more expensive . "}
{"input": "Does Owning A Trampoline Affect Home Insurance? ", "output": "Trampolines are an attractive nuisance not unlike the pond on the back forty , They are the source of a lot of additional liability exposure to the policy and the homeowner . The biggest reason that liability increases is because more than one child or person is one the equipment at a time . Most families with a trampoline have n't established risk-based rules for use and enjoyment and so what looks to be a fun and exciting play thing , becomes a hazard teeming with potential to cause great bodily harm . Insurance companies know from experience that trampolines cause losses and are expensive to insure because the injuries can become catastrophic . Broken bones are one thing . A broken neck with paralysis is completely another but well within the outcomes on a trampoline . Add to the trampoline an almost complete lack of training or instruction on the correct methods of use -LRB- and the lack of appropriate rules for use -RRB- , and we find the trampoline becomes similar to a loaded gun just waiting for curious hands with just as much potential to destroy a healthful life . Another issue that crops us is the degradation of the platform fabric since it is exposed to weather and sunlight . People have been known to bust through the platform because it became degraded due to the sun and weather effects . Bones get broke hitting the found and frame members below the deck . In my experience , most companies do n't want anything to do with insuring a home with a trampoline . A relative few do n't charge additional premium and do n't restrict the presence of a trampoline . Others still will permit a trampoline when it is is present for coverage at an additional charge . One carrier we represent charges an additional $ 75 annually for the trampoline , requires the fences to be installed -LRB- most trampolines come with them -RRB- , and they wo n't provide insurance on the home unless the trampoline is also included in coverage . All in all , you do n't simply have the choice to not insure the trampoline since the mere act of having one dramatically increases the chances of having a loss ! That said , trampolines can be enjoyed safely but it requires careful and near constant monitoring by the responsible adults , the establishment of rules for use , the ability to protect the equipment from non-invited use by neighbors when the owner or their children are not using the equipment , and inspection periodically for signs of degradation and normal wear and tear . Additionally , basic skills should be discussed , taught and understood , limits should be placed on the behavior that is allowed on the trampoline , and responsible adults should be willing to stop all play when careful control can not be maintained . Many injuries occur when the parents are not paying attention or aware from the home . Let 's face it , no one wants to be sued for the liability that may arise out of an injury on a trampoline and no one wants to deal with the often catastrophic injuries that can occur to your children or the neighbors . These latter comments and insight are a good foundation for understanding why an insurance company does n't like trampolines and why homeowner insurance is often negatively influenced when they are present on the property . "}
{"input": "Why Is Renters Insurance Important? ", "output": "You may think that , because you do n't own a home , you do n't have anything at risk . Nothing could be further from the truth . The only difference between a homeowner and a renter is that a renter does n't own a building . You still have personal property -LRB- your stuff -RRB- and you still have a liability exposure . A renters policy is just a homeowners policy without the building coverage . It will cover your stuff if it 's stolen or damaged in a fire , just like a homeowners policy will . If someone gets hurt in your home , it will cover you just like a homeowners policy will . Now , be smart insure yourself properly . You 'd be surprised how much it would cost to replace all your stuff . A good agent will help you choose the right limit . You can even estimate it yourself . Allstate has a great tool on their website to help you estimate what your stuff would cost to replace -LRB- no , I 'm not an Allstate agent , I just like their tool -RRB- . Notice I said `` replace '' . This is an important distinction . if your stuff is damaged , it can be replaced with new , not depreciated . Be sure to ask for replacement cost coverage on your personal property . Next , pick the right liability limit . Be sure it 's high enough to protect all your assets . Do n't skimp here . Liability coverage pays if you are deemed negligent and these lawsuits are seldom small and higher limits are extremely inexpensive . Be smart and find an agent you can trust . If it costs a little more , pay it . Choose your agent first , then listen to him/her . In the long run , you 'll save money . "}
{"input": "At What Age Do You Go On Medicare? ", "output": "Most people will enroll in Medicare when they turn 65 . Part A is premium-free for most individuals because you 've been paying FICA taxes during your working life -LRB- you need 40 quarters/10 years of working life to qualify for premium-free Part A -RRB- . Part B requires a monthly premium -LRB- $ 104.90 in 2014 - can be higher for individuals in higher income brackets - figure based on your modified adjusted gross income from your tax return from 2 years prior -RRB- . Some people may be on Medicare before age 65 -LRB- certain requirements must be met such as being on social security disability/have end-stage renal disease and have been receiving benefits for 24 continuous months -RRB- . If you 're still working and have group coverage , you can elect to postpone receiving Part B until you 're ready to come off the group plan . When you 're ready to come off the group coverage , you 'll have a special enrollment period to enroll in Part B . If you do n't do it in this window , you will have to wait until the annual general enrollment period -LRB- January 1-March 1 -RRB- - please note , if enrolling during your general enrollment period , you will have a July 1 effective date . When you first enroll in Part B , you will also trigger a six-month open enrollment period to buy a Medicare supplement plan with NO MEDICAL UNDERWRITING . This is THE BEST time to buy a supplement plan - plan F is the most comprehensive plan . "}
{"input": "Does Medicare A, B or F Pay For Humira? ", "output": "That is a great question ! Unfortunately , the answer , not so much . I 'm afraid that it is not . If you have questions on the services or medications covered by your Medicare plans , go to the Medicare website WEBSITELINK and there is a space that you can type in your service or medication , and find out if it 's covered . It 's a really nifty , fast way to find out . Thanks for asking ! "}
{"input": "Does Medicare A, B or F Pay For Humira? ", "output": "Humira is a prescription medication and would not be covered by Original Medicare -LRB- Part A & Part B -RRB- nor your Medicare supplement plan F . It would be covered by a stand-alone Part D prescription drug plan if it is listed in the plan 's formulary -LRB- list of drugs covered by the plan -RRB- . If your current plan does n't cover the prescription , you can change to a different Part D plan -LRB- one that covers the drug -RRB- during the annual enrollment period -LRB- Oct 15-Dec 7 of each year -RRB- . Please feel free to contact me with any other questions . Thanks very much . "}
{"input": "When Does An Insurance Company Decide To Total A Car? ", "output": "An insurance company will total a car out once the amount of damage reaches a percentage of the vehicle 's market value . Usually this is around 75 % . So for example , if you total a vehicle that is worth $ 8000 , claims adjusters will consider a total when the damage approaches or exceeds $ 6000 . "}
{"input": "When Does An Insurance Company Decide To Total A Car? ", "output": "Insurance providers will chose the option that costs the insurance company the least amount of money . But keep in mind it is in the insurance companies best interest that the car is safe and has no potential future costs that can come back on the insurance provider . So using the above example if a $ 8000.00 valued auto can be property repaired for $ 6000.00 then the insurance provider will fix the vehicle . If however it seems there are potential issues that can increase the cost and the vehicle can not be adequately repaired safely the vehicle will be a total . "}
{"input": "When Does An Insurance Company Decide To Total A Car? ", "output": "Usually 70 % is the magic number they use . So if the repairs to your car go over 70 % of it 's current value , then they will total you car and pay you book value . But if you think you can repair it cheaply , you can always buy the car from the insurance company , after they total it . "}
{"input": "Do benefits pay triple on murder? ", "output": "I have had two clients murdered . Neither received more than the standard death benefit . There is often a more thorough investigation before the death claim is paid when there is a homicide . It is illegal in most states to profit from murder in particular . According to the TV shows the beneficiary of the life insurance is always a prime suspect . "}
{"input": "Do benefits pay triple on murder? ", "output": "That is an interesting question ! I know of not one single company that pays anything extra for death that results from a crime . In fact , I know far more that wo n't pay if the death was a result of criminal activity on the deceased 's part . Insurance companies are very careful , and guarded against paying for anything that was illegal . If the deceased was a random victim , they would pay up like any other death . I hope that helps , thanks for asking ! "}
{"input": "Do benefits pay triple on murder? ", "output": "I am not aware of any life insurance policies that pay triple for murder . Life insurance companies are very careful to prevent murder as a way of someone trying to collect on someone else 's life insurance . And if murder occurs randomly , it pays the beneficiary the full face amount , as normal . "}
{"input": "What To Look For When Shopping For Renters Insurance? ", "output": "The most important thing when buying insurance is to select the appropriate limits . Getting competent advice is critical . Check with your colleagues , friends , and neighbors . Select an agent who you can trust . When you start working with them make sure that they are accurately transmitting all the required information to the insurance company . When the policy comes make sure that it is exactly what you wanted . Price becomes an irrelevant issue if your suffer a loss and the policy does not adequately cover you . "}
{"input": "Who Uses Universal Life Insurance? ", "output": "Universal life insurance is a flexible product that allows the policy owner to modify death benefit and premiums during the life of the policy . It has two sets of rates : current company practice and contractual guarantees . If can be utilized as a traditional coverage or protection product as well as a supplemental retirement income strategy . Those who purchase universal life buy it for the flexibility the product offers . "}
{"input": "Who Uses Universal Life Insurance? ", "output": "Universal Life has many uses because there are many types of UL policies and they can be further manipulated to accomplish different financial goals . Guaranteed no lapse universal life will pay out the death benefit at death at any age . The premium is guaranteed not to go up for the entire time the policy is in effect , or it can be paid in a lump sum or over several years . Most people purchase this type of policy , not for cash value , but for longevity . It has a relatively low premium for permanent life insurance . Indexed Universal Life or Variable Universal Life is usually purchased for the cash value feature . Therefore , the person who buys IUL or GUL will have different characteristics than the person buying the GUL described above . "}
{"input": "What Health Insurance Covers Lasik Eye Surgery? ", "output": "In the broadest of terms you should assume that a health insurance plan will not cover Lasik as it is generally viewed as an elective surgical procedure used in lieu of wearing eyeglasses or contact lenses . There are case situations though where the use of Lasik may be deemed medically necessary and the claim paid by the insurance carrier . Some examples might be the need for corrective surgery due to an accident or as a result of other surgery . Many health insurance carriers offer vision insurance plans as companion coverage for their individual and/or group medical plans . While these plans generally do n't cover Lasik in the vision plan 's scheduled benefits the quite often come bundled with a discount or flat fee arrangement for Lasik procedures as a value added benefit . As a result , some persons can or may have some discount arrangements in their existing benefit plans and some may not even really be aware of it of have forgotten about it . Check your coverage certificates and if you have a separate vision insurance plan - especially check those as that is where any possible benefit is most likely to show up . If your employer offers a medical Flexible Spending Account -LRB- FSA -RRB- and you are planning for Lasik in the coming year then you should definitely consider setting aside pre-tax dollars in a FSA to pay for your costs if you have no coverage at allor for after any cost sharing you might have through any coverage . FSA dollars can be used for a variety of out-of-pocket medical expenses not covered by your insurance up to $ 2500 per year . So , when you know or are pretty confident you are going to have some level of out-of-pocket expenditure -LRB- s -RRB- for health care in the coming year you are essentially getting a discount equivalent to your tax bracket for the money you were going to spend anyways . Avail yourself of this option if it is available , if not , ask your employer to consider adding such a plan , it can be in the employer 's best interest from a tax perspective as well . Other than the obvious `` you pay for the whole thing '' option , this pretty well covers the spectrum for the non-coverage/coverage conditions for Lasik in health insurance and how the need is often addressed to some degree in many vision insurance plans . "}
{"input": "How Long Does It Take To Obtain Life Insurance? ", "output": "It depends on your age/health and requested coverage amount . But in general it would be less then a month , it could be a couple business days as well . However if you are applying for a large amount of coverage that will require a medical examination and more stringent underwriting , one can purchase a short term policy that will cover you until the policy becomes effective . Same basic principle as flight insurance . "}
{"input": "Can A Trust Be A Beneficiary Of Life Insurance? ", "output": "Yes , a trust can be the beneficiary of a life insurance policy , upon which the proceeds will be distributed according to the terms of the trust upon the death of the insured . Take care that the trust is up to date and active at the time of death . A trust can also be the owner of a policy . "}
{"input": "Can A Trust Be A Beneficiary Of Life Insurance? ", "output": "The general purpose of an irrevocable life insurance trust is to own the policy outside the estate to insulate the death benefit proceeds from federal and state estate taxation . The irrevocable life insurance trust has trust beneficiaries , who receive the death benefit proceeds from the irrevocable life insurance trust . "}
{"input": "What Does Home Renters Insurance Cover? ", "output": "Home renters -LRB- tenants -RRB- policies traditionally cover personal property in the residence . There is a 10 % extension for property that is away from the residence . The second major section is liability and that covers you for bodily injury and property damage . Although it is rarely mentioned , this liability coverage is the most important part . A lawsuit could bankrupt you . The policy has limitations and exclusions so read the policy carefully . "}
{"input": "What Is The Best Medicare Advantage Insurance? ", "output": "It depends on your locality and personal situation . There is no way to answer that on this forum . When you shop for a Medicare Advantage Plan you need to consider several things . Is it an HMO that requires you to stay in network ? If so are your doctors in the network ? If it is a PPO -LRB- Preferred Provider Organization -RRB- you would still want to be sure your doctors are in network but you will be covered if you go out of network at higher out of pocket costs . Do you travel and are out of state more than a few weeks at a time ? If so does you MA plan have a network you can utilize in the area you stay ? Are all of your prescriptions covered ? MA plans have a formulary and not all drugs are covered ? It is always best to consult with a local agent who handles both MA plans and Medicare Supplement plans . A good agent with a good reputation in the area is always the best source for advice . "}
{"input": "How Long Does Tobacco Stay In Your Blood For Life Insurance? ", "output": "Tobacco in the blood is indicated by a metabolite of nicotine called cotinine . Cotinine can be detected in a life insurance blood test for several weeks after smoking a cigarette , chewing nicotine gum , using chewing tobacco , etc. . The test for cotinine is also sensitive enough that it nearly always detects actual tobacco use , rather than second hand smoke . "}
{"input": "How Long Does Tobacco Stay In Your Blood For Life Insurance? ", "output": "That is a great question ! If you are asking because you are trying to get a cheaper rate , I 'd advise you not to try , though . If , God forbid , you die as a result of a smoking related illness , and it states that in your death certificate , and you were listed as a non smoker , you can bet your last dollar that your beneficiary will have a hard time collecting . If the company suspects that you were fraudulent on your application , rest assured they will not be happy . Please just sign it as smoking , then after you 've quit and are clean , revise your policy and get the cheaper rate . It 's a much better way to do it . Thank you for asking ! "}
{"input": "Does Health Insurance Cover Impacted Wisdom Teeth? ", "output": "The answer to this question can depend on the nature of your wisdom teeth removal . Most claims for extractions are sent to your dental insurance first , not your health insurance . If the wisdom teeth are what 's called ` boney impactions ' , the claim will be sent to your health insurance company to coordination benefit with your dental plan , since that treatment is covered under health insurance . "}
{"input": "Why Is It Good To Invest In Retirement Annuities? ", "output": "That is a great question ! There are good things and bad things about any retirement product . Annuities are certainly a great retirement vehicle , but you want to be sure that it is the right one for you . The positives for annuities are that they can generate a good sum of money safely for you , that the payments to you can be structured so that you can not outlive them , -LRB- a huge plus , to know that you will have an income stream that lasts as long as you need it -RRB- , and that many companies will add a bonus to your annuity that further increases your yield . The negatives are that they typically require a lump sum payment to begin them , that the deposit can not be touched -LRB- with some exceptions , but really should n't be touched -RRB- for several years without large fees and consequences , and that if you are n't careful , the annuities yield may not be enough to outpace inflation , resulting in ultimately a poor investment vehicle . My personal advice to my clients is always that this product needs to be a good match for you to consider it . Cash flow can not be an issue for you , and that we need to look carefully at which annuity is best for you . The right annuity is a great investment , and the peace of mind that comes with knowing you wo n't run out of money is priceless . I hope that helps , please feel free to drop me a line if you 'd like more personalized information , okay ? Thanks for asking ! "}
{"input": "What Does Pre Certification Mean In Health Insurance? ", "output": "Health insurance pre-certification is a process used to certain claims that may have significant cost or could be of questionable value . Most elective surgery , inpatient or outpatient , should be pre-certified with your health insurance carrier before moving forward . Your doctor will file an informational claim using the carrier pre-certification form to determine if the medical procedure might be approved for coverage . Ultimately it is YOUR responsibility to make sure the pre-certification process has been followed . "}
{"input": "Is A Knee Walker Covered By Medicare? ", "output": "Unfortunately , knee walkers are not normally paid for by Medicare . If you can get a doctor 's prescription saying that crutches or canes will not provide the support needed , it may be possible for Medicare Part B to cover a knee walker . However , providers of knee walkers generally state that Medicare does not cover this type of walker at this point in time , and under most circumstances . "}
{"input": "Will Variable Annuities Keep Ratcheting Up? ", "output": "Assuming that ratcheting up refers to the interest rate credited to the high water mark solely used for income purposes only , the short answer to day is no . The interest rate arms race of the last decade is over . The interest rate posture taken by new variable annuity contracts offered today in comparison to the last decade has decreased . It could change . But in short term more than likely no . "}
{"input": "Does Renters Insurance Cover Mold? ", "output": "Some Renters insurance policies carry some limited coverage for mold , but most that I have encountered lately do not . 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": "How Much Is Medicare Part D? ", "output": "Medicare Part D premiums vary by zip code , carrier and plan formulary . Medicare Part D premiums in Georgia range from $ 15 per month to over $ 100 . In considering a Medicare Part D plan you should use the drug plan formulary finder on the Medicare.gov site . When you input your information , the formulary finder will illustrate plans available in your area ranked from the lowest total cost to the highest . "}
{"input": "How Do You Become The Best Life Insurance Agent? ", "output": "A good life insurance agent has some important characteristics . A good agent is a good listener . A good agent will listen to you and will check with you to make sure that you are fully understood . A good agent communicates clearly to both you and to the insurance company . The agent should explain as completely as possible the details of the policy and patiently answer your questions . The good agent will communicate your information and concerns to the underwriting staff of the insurance company . Underwriters are usually quite conservative . The more that the agent can paint a picture that the underwriter can understand ; it is more likely that you will have a good outcome . Finally a good agent offers sound financial advice . A good agent isnt an order taker . A good agent will show you the advantages of alternate approaches to your problem . A good agent will not leave out anything vital to the case and will carefully counsel you as it regards your unique situation . Are there many good life insurance agents ? I think that there are , however , they are often in demand and do little to solicit business . You probably need to check with your colleagues and friends and locate that good life insurance agent that they trust . "}
{"input": "How Do You Become The Best Life Insurance Agent? ", "output": "That is a great question ! When you find the answer , copy me on it , will you ? `` Best '' means different things to different people . Best to some may mean `` makes the most money '' - if that 's you , good luck , and just learn which products pay the highest commission , and have at it . Polish your sales skills . If by `` best '' you mean most able to help your clients fit their needs , then be tuned into what they are asking you . Be sensitive to their fears and needs without preying upon them . Build a relationship with them that extends beyond business . They will know that they are not just dollar signs to you . That is incredibly important , because the six guys they saw before you all saw them that way , and what they want most is to not be seen that way . They are afraid , and do n't want to make mistakes , or be taken advantage of . If you can make them understand that they are safe with you , and that you value them over your paycheck , you 'll be very successful , especially if that is who you really are . Thanks for asking ! "}
{"input": "How Do You Become The Best Life Insurance Agent? ", "output": "I am not sure I am qualified to tell you how to become the best life insurance agent , I do n't even know who that would be . But after 22 years in the business , I can tell you the things you need to become a very good life insurance agent . First and foremost become a student of the industry . Never stop educating yourself and products and regulations . I am not talking about CE credits but carrier trainings and brokerage trainings , this is invaluable to your success . Next learn to be a good resource for people , be a giver not a taker . Learn appropriate networking skills about how to help clients and prospects , not just sell them something , be a problem solver . Sell like a teacher not a salesman . Last , actually learn social media and how to effectively use it to grow your practice . Do n't guess , there is nothing worse than an agent or broker selling all over the place . Be helpful and relevant . I wish you the best of luck with your growth . Feel free to contact me anytime . "}
{"input": "Where Do I Buy Car Insurance? ", "output": "If you are not familiar with insurance terms you should NOT purchase from online only as you may purchase coverage that you thought you have and then do n't Your BEST choice is to talk to your friends and family and see who they use for an agent . a Good agent will take the time to sit down and explain your coverage and what everything means . In many cases and agent will work harder for you then just a 800 number or an online policy . Contact a local agent . Also you can call your state insurance commissioners office and they can also direct you to agencies in your area . "}
{"input": "Where Do I Buy Car Insurance? ", "output": "Auto insurance coverage can be purchase thru any carrier that provides it . There are several methods of finding a carrier . You can look in the phone book , check the internet , ask a friend , contact your local chamber of commerce for a start . Another method is to look for the agents that have answered auto insurance questions on insurancelibrary.com as they will more than likely be able to assist you . "}
{"input": "What Does POS Mean On Health Insurance? ", "output": "POS stands for Point of Service . POS forms of health insurance can be considered a middle ground between HMO 's and PPO 's . The POS program can be an attractive form of health insurance for participants who do not want to be restricted to receiving medical care only from network providers yet still would like to receive the same coverage and wellness benefits provided through a managed care system . "}
{"input": "Would Guardian Whole Life Insurance Be A Good Investment? ", "output": "Assuming youre addressing Guardians participating whole life insurance , the answer is , it is not an investment . It could be characterized as a supplemental retirement savings plan , if the policy is designed with the minimum base amount with the maximum -LRB- TAMRA compliant -RRB- term rider and paid up additions rider -LRB- if available . -RRB- Keep in mind that some of their products may use direct recognition policy loans which could impede the distributions when compared to similar participating whole life policies . "}
{"input": "How Much Does Long Term Care Insurance Cost? ", "output": "Long term care insurance cost is dependent on the benefits and policy riders you purchase . But more than product design is your own personal information such as gender , age , smoking status , health history and current medical condition . A non-smoking male , 60 years of age with full a monthly coverage of $ 7,000 a month benefit and $ 420,000 limit will pay around $ 300 a month . "}
{"input": "How Much Does Long Term Care Insurance Cost? ", "output": "A nonsmoking married couple age 60 on a joint long term care insurance policy with full benefits an inflation rider will pay around $ 300 a month for coverage . The premium depends upon your gender , age , smoking status , health history and current medical condition . Your state of domicile also may dictate the cost . "}
{"input": "Is Homeowners Insurance The Same As Hazard Insurance? ", "output": "Interesting question ... Seems easy to answer by saying that both terms are generally used interchangeably with regard to insurance . This is true . We often see ` homeowners insurance ' , ` home insurance ' and ` hazard insurance ' intended to mean the same thing : the insurance coverages in standard homeowner policies issued in the U.S. . Since there are some perils that are excluded in homeowner polices , some carriers refer to their coverage forms for these -LRB- like flood -RRB- as ` hazard insurance ' policies . But , generally speaking ` homeowner insurance ' , ` home insurance ' and ` hazard insurance ' are terms that are commonly used interchangeably . "}
{"input": "Is Homeowners Insurance The Same As Hazard Insurance? ", "output": "The mortgage company will require `` Hazard Insurance '' as part of your mortgage contract . In my experience they are looking for a homeowners insurance policy that will cover the replacement of the home . In the contract it usually states that if you fail to maintain hazard insurance they may purchase it on your behalf . So to answer the question is Hazard & Homeowners insurance the same . . the answer is yes-if you 're speaking about the mortgage requirements . "}
{"input": "Does Metlife Sell Annuities? ", "output": "Yes . Met Life does have annuity products that they sell . They have a variety of products and have a good reputation in the business . They are also highly rated and have been around for a while . This is an important factor when looking for an annuity product that you want to buy . "}
{"input": "When Can You Access Life Insurance? ", "output": "If you have Whole Life Insurance , you can access cash from it anytime it has been building , which is generally after 3-4 years . The cash value accumulates , building up larger and larger amounts , for emergency access . That cash can then be borrowed from your Whole Life Policy tax free , although it does reduce the death benefit unless eventually repaid by you -LRB- if you so choose -RRB- . "}
{"input": "When Can You Access Life Insurance? ", "output": "If you are the insured person with a term life insurance policy , the policy will not pay anything until you die . You must die within the years of the term , or else convert your policy to a permanent policy while you have that option . With permanent insurance , you can access it as soon as there is some cash value built up . With some policies , this takes a long time . With others , there is cash value right away . "}
{"input": "Does Medicare Pay For Weight Loss Programs? ", "output": "Medicare will pay for weight loss programs under certain conditions . Some things to know are : Medicare will pay for weight loss programs only if weight loss is needed to treat certain health conditions related to being overweight , or is needed before surgery to reduce the risk of complications . Up to three hours of individual counseling about weight loss is provided the first year , and two hours per year after that . If you need more treatment than that , Medicare may pay for more with a doctor 's prescription and if the treatment is medially approved by Medicare . "}
{"input": "Does Russia Have Health Insurance? ", "output": "The constitution of the Russian Federation deems all citizens have the right to free healthcare . This was done as a part of the Mandatory Medical Insurance reform in 1996 . Since that time , the collapse of the Soviet Union has left the system under funded . As a result , the health of the Russian population has declined considerably . "}
{"input": "Can You Borrow From A Life Insurance Policy? ", "output": "That is an excellent question ! One of the biggest perks of having a whole life policy is that it gives you the opportunity to borrow cash without having to jump through the hurdles that a bank or lender might make you do . The only requirements are : That it is a whole life policy -LRB- term policies do not have a cash feature -RRB- that has been active for awhile -LRB- it generally takes two to three years to start accumulating any measurable amount of cash -RRB- andthat you are the owner of the policy . Please contact your agent , and find out if there are any fees attached to your loan , and how the loan will affect your policy . In some cases , you may be able to repay it slowly , in others you may not need to repay it at all ; in some cases not paying it back can cause your policy to end . Check first , okay ? Thanks for asking ! "}
{"input": "Can You Borrow From A Life Insurance Policy? ", "output": "If you are the owner of the life insurance policy and the policy has a cash value you can borrow from a life insurance policy . You simply have to contact the insurance company and request a loan . There are some consideration you should be aware of including : If you borrow and do not pay the interest on the loan it compounds and could put the policy at risk of lapsing . In Canada borrowing from the policy could trigger a taxable policy gain . If you borrow from a bank using the policy as collateral , no taxable policy gain is triggered . You should discuss options with you insurance advisor , to ensure you are informed . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Can You Borrow From A Life Insurance Policy? ", "output": "You can only borrow money from a life insurance policy if it 's a policy that builds cash value - a permanent life insurance program . Permanent life insurance includes both Universal and Whole life insurance programs . Term life insurance does not build cash value and therefore there 's nothing to borrow from . The maximum amount you can borrow is up to the current surrender or loan value cited in the policy at the time you want to borrow from the cash value . Keep in mind , when you borrow money from the cash value , you are creating a loan against the policy -LRB- the funds are expected to be paid back and , much like you do when borrowing from a bank , an interest rate is being charged on the borrowed monies -RRB- . If the insured dies with an outstanding loan , the carrier will deduct the outstanding amount and any interest charges from the death benefit and give the difference to the beneficiary . Consult with your agent before borrowing from the cash value to find out what will happen when you create a loan against the policy and what you 're responsible for . Please feel free to contact me for help or if you have any other questions . Thanks very much . "}
{"input": "How Soon After Moving Do I Need To Get New Rental Insurance? ", "output": "Most renters policies extend coverage to a new location . It is unlikely that the value of your property will change much during the move so the current values should be accurate . Notify the company that you have a new address . That will trigger the changes that are necessary . You should be sure that you receive an amended declaration showing the new address as this is very important for liability claims . "}
{"input": "How Soon After Moving Do I Need To Get New Rental Insurance? ", "output": "In kansas and Missouri most of the insurance companies give you 30 days of coverage when youm move to a new location.Call your insurance agent as soon as possible to make them aware of the change of address , the premiums could be less at your new location especially if you move from an aparmtent complex to a single family dwelling or a duplex or four plex . "}
{"input": "How Soon After Moving Do I Need To Get New Rental Insurance? ", "output": "That is a great question ! Your current renters policy should allow you some amount of grace period to allow for safe relocation . You want to contact them and find out how long exactly that period is , and what they 'll cover during that period . You may be able to keep your coverage with them in your new apartment , but expect to pay a different premium -LRB- who knows , maybe it will even be less ! -RRB- if you do so . By all means make sure that you tell them that you 've moved , since they will certainly deny any claim you 'd file from a differing address than the one on your policy . Honesty is always the best policy in every case . Good luck with your move , and thanks for asking ! "}
{"input": "Can I Have Cobra And Medicare? ", "output": "You can have both COBRA and Medicare , but you probably do n't want or need both . If you qualify for Medicare your Part A coverage is normally `` free '' . You paid for it in advance during your working years . Part B requires a premiuim . In most cases Medicare will pay first , COBRA second . "}
{"input": "Is Hazard Insurance Same As Home Insurance? ", "output": "In the context of Homeownership , yes it is . Hazard Insurance is a general term that has come to be used that actually refers to a broad range of property and liability package insurance plans . It is probably most commonly used by banks and mortgage companies as a term in their loan requirements . "}
{"input": "Does Home Insurance Cover Septic System? ", "output": "Sometimes . It really depends upon the terms of your insurance contract . If a covered peril occurs -LRB- e.g. explosion -RRB- and it damages your septic system or a pipe leading into your home from the sewer that could be covered . In this instance you will have to peruse your policy for a specific exclusion to septic/sewer damage to see if your claim will be denied . If your septic system just stops working , however , there is no coverage for this . Normal wear and tear or just age is not a covered peril . That could be a warranty claim against the manufacturer . I hope this helps . "}
{"input": "Does Home Insurance Cover Septic System? ", "output": "A septic system in underground and generally not affected by the perils that a homeowners policy covers . They dont generally burn , get struck with lightning or blow away in a windstorm . The coverage available in a homeowners policy specifically excludes water that backs up into a house which is about as close as you can get to a septic system . The policy never covers normal wear and tear . It is possible that under some unusual conditions a septic system would be covered , but it would be rare . "}
{"input": "Can I Have Medicaid And Medigap? ", "output": "You can , but this is actually pretty rare . It is illegal for any agent to sell you a Medigap policy if they know you are on Medicaid . This is asked on every Medigap insurance application , so if answered truthfully , you would generally not be able to purchase a Medigap policy . Some Medicare beneficiaries purchase a Medigap policy , and then at some future point become eligible for Medicaid . Since Medicaid essentially provides the benefits provided by the Medigap policy , the Medicare/Medicaid beneficiary may suspend their Medigap policy for as long as they are on Medicaid . They technically still have Medigap , but in a suspended status . "}
{"input": "Why Don'T People Buy Disability Insurance? ", "output": "People do n't buy Disability Insurance because they feel they ca n't afford it , because they do n't think that they will ever become disabled , because they assume someone will take care of them if they do become disabled , because they are confused on how to go about buying Disability Insurance , or because they just do n't like to think about it . A quick call to a reputable life insurance agent who sells disability coverage can help clarify prices and process and help them get on the road to protecting their families if a disability occurred . "}
{"input": "Why Don'T People Buy Disability Insurance? ", "output": "The number one reason people dont buy disability insurance is because it is not offered by their financial planningadviseror insurance professional . The second reason is that disability insurance is too expensive , a pervasive myth in the market . The third reason is the contractual definitions are difficult to understand , not only at the consumer level , but the producer level as well . "}
{"input": "Why Don'T People Buy Disability Insurance? ", "output": "Why do n't people buy disability insurance ? Well , probably the biggest reason is they feel they have it through their employer . Most feel that workers industrial insurance -LRB- many different names -RRB- that protects them from on the job injury is enough . Except when they hurt themselves off the job or basically get sick . There 's sort of a willful ignorance when it comes to disability insurance as to why many never consider it . Call it income insurance and interest rises . Go figure ? "}
{"input": "Who Has The Lowest Homeowners Insurance Rates? ", "output": "Is there really a carrier that has the Cheapest Homeowners Insurance Premium Rates ? In order to answer this question , you would need to understand the rating structure and the goals and principles of the industry . It is the desire of each and every insurance carrier to do the following : 1 -RRB- Gain a Fair Share of the Risk 2 -RRB- Maintain Financial Reserves 3 -RRB- Provide Excellent Customer Service 4 -RRB- Stay in the Technology Forefront 5 -RRB- Adjust and Pay Out Claims quickly and fairly 6 -RRB- Show a profit each year not to exceed the State maximum allowed If any carrier offered the cheapest possible rates , the above 6 items would most probably not be accomplished . Also , carriers wish to evenly spread risk across the vast service area where they are licensed , a concentrated area of risk would defy the principle of the law of large numbers thereby subjecting the carrier to great loss should a large incident occur in that single area . Customers seek the lowest premium and most often speak to insurance agents ; between customers seeking a ` cheap ' premium and insurance salespeople hungry to sell policies for a commission gain , the principles of insurance are simply forgotten.In order to keep this issue from getting out of hand , insurance companies have underwriting departments who review each risk and take any necessary action to mitigate the risk , in some cases by issuing underwriting advisories or by issuing a notice of cancellation . In order to provide an online format to obtain a quote and buy home insurance online in multiple States ; we have devised the following link which may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK "}
{"input": "Where Can I Get Long Term Care Insurance? ", "output": "You can get Long Term Care Insurance from agents who have a health insurance license . Some Life and Health agents like myself , utilize the services of LTC brokers to help us find the best prices of Long Term Care Insurance from multiple companies to find our clients the lowest price . You can find agents on this website , by searching on the internet , or looking in Yellow Pages . Please do not hesitate to call if you would like me to assist you with this important purchase . "}
{"input": "Where Can I Get Long Term Care Insurance? ", "output": "If you are looking for long-term care insurance in Florida , make sure you are dealing with an agent that has the proper certification . As Ms. Mace mentioned we have to be licensed to sell health insurance . In Florida , we also must take an additional class and pass the test to receive a certification to sell long-term care insurance . It is one of Florida 's ways of ensuring the customer is protected . I have my certification so if you are in North Florida please feel free to contact me : 352\u00a0514\u00a05295 , cscottbannon@hotmail.com or PO Box 786 Keystone Heights FL 32656 . I would love to meet with you so we can individualize a plan of protection for you and your family . With much appreciation . To your prosperity . "}
{"input": "Where Can I Get Long Term Care Insurance? ", "output": "There are a number of carriers who offer long term care insurance programs including Mutual of Omaha , MetLife , John Hancock , and others . Since this type of coverage is very customizable as there are a number of different benefits you can choose from with each carrier , you should work with an experienced and knowledgeable independent insurance broker who can discuss your needs for the coverage and help evaluate what type of structure will be most suitable to meet those needs . Independent insurance brokers can compare options from multiple insurance companies to make sure that you are securing the most suitable program at the lowest cost . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much . "}
{"input": "What Is A Good Life Insurance Rate? ", "output": "A good life insurance rate would depend on the type of life insurance you get and your age and health . If you are getting 10 year term and have to reapply every 10 years , then paying 1 % of your annual salary would be a good rate in your 20 's , if you have excellent health . If you are in your 60 's , paying 10 % of your annual salary for 10 year Term would not be a bad rate , even for a person of excellent health . If you purchase permanent insurance , you may start out paying 10 % of your salary in your 20 's , but then by the time you reach your 60 's , the policy is paid up and you owe nothing . "}
{"input": "What Is A Good Life Insurance Rate? ", "output": "A good life insurance rate is preferred nonsmoker . But a great life insurance rate is super preferred nonsmoker . Packaging your medical profile and positioning it the right light can really make a difference in the price you pay for life insurance . Half of Americans , who own life insurance , are paying the wrong rate class . "}
{"input": "Can I Use Life Insurance To Pay For College? ", "output": "Yes , Life Insurance can be used to Pay for College if ... . You have enough cash value in the policy to withdrawal or take a loan , If you have a return of premium term policy which allows loans to be taken , You received the death benefit which you were the beneficiary . Remember , life insurance can be an asset for you to use provided there is enough resources for you to pull on . Good Luck . "}
{"input": "Can I Use Life Insurance To Pay For College? ", "output": "Can life insurance be used to pay for college costs ? Yes , absolutely . Cash values in a life policy are unrestricted funds . You can use them for any purpose . College costs would be one of those . One nice thing about cash value life insurance is that those values are not required to be declared on the college FASFA report . The FASFA is something most all colleges and universities require families to do in order to figure out financial aid opportunities . Most all other assets parents have count against aid opportunities , but cash values are n't asked for . "}
{"input": "Can I Use Life Insurance To Pay For College? ", "output": "The key component of college funding is the FAFSA -LRB- Free Application for Federal Student Aid . -RRB- Every college bound student and returning student must complete this form each year to receive any assistance . Every source of income used to pay college expenses must be included . Whether you cash in a life policy or take a loan the effect is the same , it drives up the familys expected contribution amount and thus reduces access to financial aid . Accumulating money for college in a life insurance policy is a great idea but get advice before you start withdrawing the money . It is probably better to use the money to pay off loans in the final year and beyond because it would not be included in any eligibility computation . "}
{"input": "How Much Is Renters Insurance Monthly? ", "output": "In order to know how much Renters Insurance will cost you monthly , you 'll need to obtain a renters insurance quote . If you seek the lowest premium you will need to purchase the minimum amount of personal property coverage , the minimum personal liability and the maximum deductible available ; this will generate the lowest premium quote . In order to provide an online renters insurance quote and buy renters insurance online in multiple States ; a link is available that may be useddirectly by Consumers . An exemplary online experience for all ! WEBSITELINK Please review all coverage details prior to purchasing any insurance policy . "}
{"input": "How Much Is Renters Insurance Monthly? ", "output": "Unlike what you see on television , insurance doesnt come in packages on the shelves of a store . Each renter is individually underwritten to meet the specific requirements of that renter . The average renter in my agency pays around $ 10 month for renters insurance . The company reports a slightly higher figure but neither figure bears any resemblance to what your premium might be . "}
{"input": "What Is Cash Value Life Insurance? ", "output": "Video Transcript : What is cash value life insurance ? Cash value life insurance can either be in participating whole life , it can be in current assumption universal life , it can be in index universal life , or variably universal life ; those are the 4 cash value products . We always have to pay the policy expense loads first . Once those are paid , we can take the crediting from that , whether its interest rate , dividend , or whatever it is , we credit that into the policy cash values and they accumulate . During the accumulation , it 's tax-deferred . When the money comes out , providing that the policy is kept enforced for the policy insured 's life , those proceeds , withdraws to basis or policy loans to gain , can come out tax-free . "}
{"input": "How To Get Part B Medicare? ", "output": "Most people will sign up for Medicare Part B when they turn age 65 . If you are covered under an employers group health insurance plan , there is no need for you to sign up for Part B . You should wait until that coverage is ending and apply for Medicare Part B at that time . "}
{"input": "How To Get Part B Medicare? ", "output": "When you qualify for Medicare you are usually automatically signed up for part B . You will receive a letter from Medicare allowing you to opt out . Unless you are still covered under a group plan or other creditable coverage , do not opt out . You will be penalized by Medicare each year you do not enroll in Part B , which could cost you a lot of money over the years . "}
{"input": "Can I Add A Friend To My Auto Insurance? ", "output": "If your friend drives your car on a regular basis then you might want to consider adding him as a named driver . Be careful though . His driving record will effect your insurance rates . So if he has a bad driving record you are better off having him get his own coverage before letting him drive your car . "}
{"input": "Can I Add A Friend To My Auto Insurance? ", "output": "Most insurers will allow you t o add other drivers to your policy . Typically , they are listed as `` additional drivers , '' and you may sometimes pay an extra fee for them . If they are simply a friend that does not live with you and onlyoccasionallydrives the vehicle , you do not have to officially add them to your policy . "}
{"input": "Where To Buy Short Term Health Insurance? ", "output": "There are online outlets for short term disability but before you start shopping for short term disability insurance , find out if your employer sponsored group plan offers it . Many of these types of plans offer short term disability insurance as part of the overall employee benefits.But if you have to shop , start online with brokerage outlets that specialize or have complete departments dedicated to disability insurance . Most of these firms have access to a wide range of carriers that can spread sheet the players in disability insurance . "}
{"input": "Where To Find Term Life Insurance? ", "output": "The best place to buy term life insurance is from a licensed life insurance agent . Life insurance is sold like a commodity and can be purchased through the internet , through direct mail or newspaper advertisements ; however , you will probably be most satisfied if you discuss the matter thoroughly with someone who understands you and the insurance companies available . "}
{"input": "Where To Find Term Life Insurance? ", "output": "You can find Term Life Insurance online , or at an office that sells life insurance . You can use a search engine , Yellow Pages , or this website to find agents that sell term life insurance . Term Life is a simple product and as long as you get a policy with a highly rated company , your policy should be secure . The key is to use an agent who can find you the best rate for your health history . "}
{"input": "Is Interest Earned On Annuities Taxable? ", "output": "There are two basic types of annuities , qualified and non-qualified . A qualified annuity would be a traditional IRA for example . You can deduct contributions from your taxes each year up to a specified amount . Once you begin taking payments , you pay taxes on the payment amount . A non-qualified plan is not tax deductible but the interest is tax deferred until you withdraw the funds . You will pay taxes in either case it is just a matter of how and when . "}
{"input": "Is Interest Earned On Annuities Taxable? ", "output": "In general terms tax deferred annuities , during the accumulation period defined by the policy , does not pay taxes until constructive receipt of any distributions . During distributions , all gain is taxed at ordinary income tax rates of the owner of the annuity . Non-qualified annuities have basis which will not be taxed but generally are received last in a payout . If the annuity is annuitized for the life of the annuitant , basis with be part of the payout until it is exhausted . That is the exclusion provision for basis , which can have a positive impact on cash flow . "}
{"input": "How Much Will Car Insurance Be For A 16 Year Old? ", "output": "That is a question best asked of a local agent . Rates will vary from on geographic location to another . Many other factors can also affect your rates . Some of the factors are the vehicle -LRB- s -RRB- to be covered , the motor vehicle records of the person -LRB- s -RRB- to be covered on the policy and various other factors . Contact a local agent to get a quote for coverage . "}
{"input": "Can Overweight People Get Life Insurance? ", "output": "Overweight people can be underwritten for life insurance . Prudential is a leader in this area . The real issue with overweight prospects is usually additional impairments like diabetes , heart conditions , pulmonary problems or persons who also smoke . "}
{"input": "Can Overweight People Get Life Insurance? ", "output": "Most overweight people can get life insurance . If overweight or obese , they can usually get any amount and type of coverage they desire . If morbidly obese , there are simplified issue or guaranteed issue policies that have no weight limit at all ; however , they will have a low maximum face amount and only come in one or two types of coverage . Contact an agency that specializes in overweight life insurance to find your lowest price . "}
{"input": "Can Overweight People Get Life Insurance? ", "output": "Great question and I now have a Group policy available to individuals through a monthly membership and there are no medical questions asked and no exams . You must work at least 30 hours per week to be eligible . Example of coverage : 49 year old with $ 100,000 in coverage is $ 88.55 per month . "}
{"input": "Can Overweight People Get Life Insurance? ", "output": "Life Insurance can be complicated as different variables such as weight are outside of the parameters of most insurance companies . An overweight person will need an agent that has many options for life insurance . You might not need to do a medical exam and get the same rate with a non medical policy . An overweight person is often a great candidate for a non medical policy . Why go through all the hassle of the tests if it does n't improve your premium ? You should look for both types of policies and determine if a simple issue policy is the best option . I just did a quote for a client where the non med was $ 1 more per month in premium . You should find an agent that has both solutions . "}
{"input": "What Is Own Occupation Disability Insurance? ", "output": "Own Occupation Disability Insurance is a DI policy that will pay the insured person if they can not perform their `` own occupation '' due to being disabled . The definition in the contract goes something like this : `` The inability to perform the material and substantial duties of your regular occupation , with the insurance company considering your occupation to be the occupation you had at the time of becoming disabled , and the company will pay the claim even if you are able to work in another capacity . '' E.g. . If you are a rocket scientist who is unable to remember complicated formulas due to progressing MS , you can still receive your disability benefit despite being able to work as a data entry person . "}
{"input": "Can You Have Two Term Life Insurance Policies? ", "output": "You can have as many life insurance policies as you want , term or whole life , as long as you can afford the premium . Many people start out with a policy they can afford and later take out additional insurance as their need for more insurance changes and they can afford more . "}
{"input": "Can You Have Two Term Life Insurance Policies? ", "output": "Yes , you can have mulitple policies in force on an individual . The only potential problem would be in the purchase of an additionalnew policy as insurance carriers ask about existing coverage and factor those policies and the applied for policy towards a total amount of coverage . The carrier may feel you 've met your maximum level of coverage based on your situation . "}
{"input": "Can You Have Two Term Life Insurance Policies? ", "output": "Yes , you can have as many insurance policies as you can qualify for financially . Many clients will ladder insurance policies to meet their needs and reduce cost . For example , a client may have a need for $ 1,000,000 of coverage while their children get through college and then $ 500,000 for life . They could purchase a $ 500,000 - 20 year term , and a $ 500,000 guaranteed UL policy to last until they are 120 years old . "}
{"input": "Can You Have Two Term Life Insurance Policies? ", "output": "You can have two or more life insurance policies , but if you apply for a second or third policy , the life insurance company does ask if you have existing insurance . Why do they do this ? Because they want to make sure that you are financially qualified for the total amount of coverage that you will own . This is to protect the insurance carrier from unscrupulous persons who would try to gain excessive profit off the death of another , and from terrorists or other criminals who would try to use life insurance for money laundering . For the average person who simply wants more than one policy in order to get sufficient life insurance , or who wants to diversify their coverage between different companies , applying for and owning multiple policies is fine . "}
{"input": "Who Needs Medicare Supplemental Insurance? ", "output": "Who needs a Medigap plan ? Although we all could use one , it is not necessary that you have one if you have sufficient out of pocket funds available -LRB- liquid funds , that is -RRB- to pay for some of the gaps that Medicare does not pay for . If you feel the burden is potentially too high and you are more comfortable with a steady monthly premium , then perhaps Medicare Supplement insurance is a perfect fit . To truly decide and to thoroughly and accurately weigh your options , an experienced broker would be very helpful , as would many reputable websites run by those experienced brokers . "}
{"input": "Who Needs Medicare Supplemental Insurance? ", "output": "Almost everyone enrolled in original Medicare will want a Medicare supplement plan . Original Medicare covers less than 80 % leaving you with a big gap to cover out of pocket if you have a serious illness or accident . Your 20 % + share can amount to several thousand dollars out of pocket unless you have a Medigap plan . "}
{"input": "When Should You Contribute To A Roth 401K? ", "output": "The Roth IRA is the retirement investment of choice when you think that your marginal tax bracket will be higher when you retire than it is now . The Roth IRA is funded with after tax income . The distributions from the Roth IRA -LRB- subject to some requirements -RRB- are income tax free . Few people appreciate that during the working years they are frequently in a very low tax bracket because of deductible expenses and that when they retire those deductions dont necessarily continue . "}
{"input": "Can You Cancel Your Homeowners Insurance? ", "output": "Yes , of course you cancel your home insurance.But before you do that make sure you have a policy in place to replace it . Insurers are only part of the equation . Your mortgage company or bank who has an interest in your property is going to require that you have a policy in place . In the event that they determine you do not they will have `` forced placed '' insurance set in motion . That is going to be ultimately more expensive for you and may not have all the coverage nuances that you have now . Talk to an agent before you proceed to cancel a policy and they should be able to assist you . If you are not satisfied wuith your agent look around and find another / "}
{"input": "What Exactly Does Renters Insurance Cover? ", "output": "Renters insurance covers three primary areas . First is Personal Property coverage . This portion of the policy covers all of your personal belongings from the peril of loss , theft or damage anywhere in the world . The loss does not have to occur at the location named in the policy for the loss to be covered . Second is Personal Liability coverage . This portion of the policy covers the insured in the event they are found personally liable for damage or injury to another person or their property . Again , this coverage applies wherever the insured is , it does not have to occur at the property address listed on the policy document . Finally , the policy covers for Loss of Use . With this portion of the policy , the insured is covered in the event they are required to temporarily vacate their residence . This coverage pays the increase in monthly living expense over what they typically pay each month for rent , up to the policy limits . In addition , riders can be attached to the policy to cover higher value items , collectibles , firearms , jewelry , artwork and etc. . "}
{"input": "Does Cigna Health Insurance Cover Hearing Aids? ", "output": "Cigna health insurance plans normally cover at least a portion of the cost of hearing aids . Severe hearing loss is a health issue . There are different kinds of hearing loss and different kinds of hearing aids . Most health insurance plans have limits on the amount they will pay toward the cost of a hearing aid . Approved claims must meet specified standards for the degree of hearing loss . "}
{"input": "Who Sells Decreasing Term Life Insurance? ", "output": "I have searched and searched for decreasing term life insurance and have not been able to find a company that sells it . There are companies that will continue a policy after the term ends , at a lower face amount . But for those who insist on a lower face amount each year , we have used annually renewable term . Each year you can get a new one year policy with a lower face amount . "}
{"input": "Who Sells Decreasing Term Life Insurance? ", "output": "Who sells decreasing term life ? Well about the only thing left that is close to the concept would be credit life . Credit life is a policy that insures your loan amount as it grows smaller over time for a set premium . Usually it is a very expensive product for the amount of coverage it provides , but for some , may be the only thing they can purchase because of poor health . Usually if your health is fair to good , you can do better with a traditional term life product . "}
{"input": "How To Get Long Term Care Insurance? ", "output": "There 's a short answer to this ; just call me ! -LRB- sorry , I could not resist ! -RRB- . I think an answer that you may find more useful is when shopping for long term care protection , make sure you are talking to a broker or financial adviser who specializes in this area . There are several product solutions available that provide impairment or long term care protection , over and above the traditional LTC policy . For instance , there are term life insurance products that have what is known as living benefit riders , there is permanent life insurance products that have LTC riders , there is single premium LTC that has a life time 100 % money back refund guarantee , and there is asset based LTC , which uses an annuity for retirement planning , coupled with an income rider that has impairment benefits . As you can see , it can become quite complicated ; therefore you need an experienced professional that will provide objective advice , based on your individual needs . "}
{"input": "Is It Illegal To Drive Without Car Insurance In Alaska? ", "output": "Yes , it absolutely is illegal . Everyone signs paperwork when registering vehicles at the Alaska Department Of Motor Vehicles declaring they have current insurance , unlike other states they do not check for proof there at the counter . You do get caught when involved in an accident and you do n't fill out the mandatory crash forms that are required . If you do n't do the crash form , there will not only be a warrant for your arrest its a huge mark on your driving record , basically the same as getting a DUI . Please do not drive without insurance it is the law . "}
{"input": "How Do I Buy Renters Insurance? ", "output": "To secure renters insurance start by calling a local agent that also deals with homeowners insurance . Most carriers that handle homeowners insurance also provide renters . Renters insurance is typically very inexpensive for the amount of coverage that is provided . Find a local that you are comfortable with they will be your go to person when you have questions . "}
{"input": "At What Age Does Term Life Insurance End? ", "output": "It 's going to depend on the policy . Most term life plans can run out to age 90 or 95 . There is no set rule . Others may end at age 70 or 80 . When purchasing a term policy that is a great question to ask . Another would be is the Term policy `` convertable '' . Term policy conversion option is when you can change your term policy into another type of plan offered by the insurer . This is done without medical underwriting , in other words the class you were in your term policy can be the class you get in the conversion . This is a very overlooked aspect of term policies . Conversion is a way to keep a term policy from ending a person 's coverage.before they 're ready to have it end . "}
{"input": "At What Age Does Term Life Insurance End? ", "output": "What Larry said . Adding the question is probably really asking `` when '' does the rate guarantee change ? While a term policy may run to age 100 that is of little value . It would not be out of the norm for a 20 year term . at the end of it 's guarantee period , to have a premium increase from say $ 60 . a month to $ 600 . a month and go up every year after that . By the time it reached it 's end date it could easily be thousands a month . So the bigger question is `` when '' do the rates go up and by how much . Also what are your options if you are no longer in the same good health . BTW , if what you have is an ROP Term plan you will have additional options like getting your 20 years worth of premiums back or better yet , a smaller paid up policy . Is replacing it a good idea ? Maybe , but maybe not . Not all term is created equally . The agent that sold the policy should have been reviewing this with you throughout the years . "}
{"input": "At What Age Does Term Life Insurance End? ", "output": "Term life insurance ends at the end of the term . E.g. . If you take out a 10 year term life insurance policy , the policy will end at the end of the 10th year . Otherwise , the premium will jump to a much higher price at that time , and go up each year after that . "}
{"input": "At What Age Does Term Life Insurance End? ", "output": "You determine that when you buy it . Purchasing life insurance should never be taken lightly . If you need it for 25-years ... do n't buy a 20-year policy . You will be told that it is renewable up to age 100 but it would be so expensive that you will never do that . When you plan your insurance you should cover the needs you have for as long as you are going to have them . After you retire , your replacement of income needs goes way down . Some insurance needs never go away . Like the insurance you keep for burial expenses or to leave to the family for final expenses . THey will need this money quickly and ca n't wait on estate settlement so it 's best handled with a small whole-life policy . With your 20-year term policy , just always think of it as 20-years of protection and then walk away from it . It convert it if you bought a good one and need further coverage . "}
{"input": "What Are Life Insurance Policy Dividends? ", "output": "By IRS definition Life Insurance Dividends are considered a return of `` unused premium '' and not subject to income tax as they have already been taxed going in as premium . Mutual companies pay dividends to policyholders as they have no stockholders as owners of the company . The permanent policyholders -LRB- not term , not universal life policyholders -RRB- are considered the owners of the company and dividends are applied to their whole life policies . A dividend for a mutual life insurance company is a combination of investment return , positive mortality experience -LRB- fewer deaths than expected -RRB- and operating expense savings and what is held as surplus by the company . Money beyond what the company needs or projects is returned to whole life policyholders in that form of a dividend . The surplus is what protects the company if for some reason they goof . Most mutual companies have been paying dividends consistently for more than a century . "}
{"input": "What Are Life Insurance Policy Dividends? ", "output": "There are three different types of companies that sell life insurance . Stock companies , which pay profits to stockholder aft expenses , fraternal 's that have a common membership and profits are used to provide extra benefits for the members , and mutual companies that pay excess profits back to the policy holder in the form of dividends . Dividends then are the excess profit a mutual company pays . You will have three options with a company that pays dividends : You can leave them to accumulate interest , but you may have to pay tax on the interest , you can allow them to buy additional paid up insurance , this is the one I usually recommend . This helps increase your death benefit thus allowing for inflation . The third option is using them to reduce premium , thus in some case depending on the dividends paid the dividends will eventually be making your premium payments for you . Dividends are not guaranteed . "}
{"input": "Does Home Insurance Cover Pool Damage? ", "output": "Damage to a pool is covered as long as it is not an excluded loss such as `` wear and tear '' , `` ground movement '' or a maintenance issue . Most home insurance policies cover all losses except what is excluded in the policy and a pool would be covered the same as your house . "}
{"input": "Does Life Insurance Require A Medical Exam? ", "output": "Most Life Insurance Coverage companies need you to possess a small exam like a requirement of coverage . This exam usually includes taking your height/weight , bloodstream sample , and urine sample along with a couple of background health questions . Following the exam is finished ; the liquids are delivered to a lab after which information is submitted towards the carriers underwriting department for consideration . Insurance providers are going to do this to obtain a general picture of methods healthy youre and what type of lifestyle you reside . Individuals also can do No Exam Life Insurance Coverage because of convenience or simply because they have n't seen a physician inside a couple of years . To be eligible for a No Exam coverage , you generally have to answer 7-10 health questions . No exam life insurance coverage has become extremely popular nowadays . Life insurance coverage is one thing that the majority people know they ought to have-but do n't . Simply mentioned-people never like taking into consideration the possibility that belongs to them dying . However , lots of people can forgo this miserable thought due to their fascination with their loved ones and also the need to make certain theyre financially secure in case of some tragic event . "}
{"input": "Does Life Insurance Require A Medical Exam? ", "output": "Not all life insurance requires an examination , but usually the plans that do n't require an exam cost more to the insured . It becomes a question of providing a blood and urine sample vs. paying more over the life of the policy . To get the best price for coverage usually you want to provide information on your medical history and your current health . Almost every company checks your medical history as you give them permission to do so when you sign the application . Those that look at your current health via blood and urine testing are just going a bit further . By going further they can offer very competitive rates and a healthy person can save money . "}
{"input": "Does Life Insurance Require A Medical Exam? ", "output": "Some life insurance policies do require an exam and some do n't . Policies with very small face amounts -LRB- under $ 50,000 -RRB- usually do not require an exam . People with serious health problems often take no exam policies because their exam results and medical records disqualify them from medically underwritten policies . Many people prefer no exam policies because they hate needles , or do not want to take the time to do the exam . For those in the Standard health rating range , the cost of a nonmed policy is often very competitive with a policy that requires an exam . "}
{"input": "What Are Some Reasons Why We Need Life Insurance? ", "output": "Some reasons that you need life insurance may be sitting around your dinner table at night . Some reasons have grown up and moved out of your home , but they worry about would happen to Mom if Dad died . Other reasons are life insurance 's tax friendly nature , how it avoids probate , that it arrives fairly quickly at a time when money is desperately needed , can protect key employees , can be used to transfer an estate , or continue a business , or leave more money than you thought was possible to your favorite charity . But whether sentimental or practical , life insurance boils down to people . People are the reason other people buy life insurance . "}
{"input": "What Are Some Reasons Why We Need Life Insurance? ", "output": "There are quite a few key reasons people need life insurance . To provide financial security to the people you love most To replace your income To cover a mortgage or other debt To provide funds to raise your children To fund a buy sell agreement To pay estate taxes To pay funeral costs and final expenses To guarantee children will have funds to go to college To secure a business loan "}
{"input": "How To Cancel HSBC Life Insurance? ", "output": "If your HSBC Life Insurance policy is Term insurance , you can cancel it by simply stopping making payments . After a one month grace period , the policy will lapse . If you have permanent life insurance with HSBC you will want to talk to a professional about your options for your policy . You can call the customer service number provided on your statement or policy to talk about the best way of doing this . "}
{"input": "Does State Farm Offer Whole Life Insurance? ", "output": "State Farm offers life insurance , both term and permanent through their captive agents along with property and casualty insurance . However , unlike the latter types of coverage , life insurance can not be discounted as part of other coverage such as homeowners and auto . They life insurance prices are worth comparing against others from and independent agent , especially if the proposed insured has or has had any health issues . "}
{"input": "Who Has To Have Renters Insurance? ", "output": "In California there isnt a state law requiring a renters policy . Your landlord may require it as a condition to lease the property to you . Whether it is required or not , you accept a substantial risk when you lease property . If someone is injured on your rental property you can face a lawsuit that would bankrupt you . If there is a fire or other disaster , your personal property could go up in smoke and there wouldnt be anyone to replace it . The risk is great , the premium is little . "}
{"input": "Is Medicare Income Based? ", "output": "The amount a qualified individual pays for Medicare is income based . Part A is most frequently a premium free benefit . Most applicants pay the same rate regardless of income . Part B premiums are scaled based upon annual income , starting at $ 149 per month . Part D -LRB- prescription drugs -RRB- requires earners with higher incomes to pay a higher fee which goes directly to the general Medicare fund . "}
{"input": "Is Medicare Income Based? ", "output": "That is a great question ! Medicare was set up originally to provide all seniors with affordable health care , so the Medicare partB benefit is typically free . The additional parts though , parts A and the prescription benefit part D do have a sliding scale of cost based upon your income level . Part B will set you back a minimum of $ 149 a month . Please get with a professional , and have them help you set up a plan that works for you . Thanks for asking ! "}
{"input": "Does Car Insurance Help Credit Score? ", "output": "To the best of my knowledge insurance carriers do not report information about client payment history 's directly to the credit agencies . So , the short answer would be , no I do not believe that having auto insurance coverage will help your credit score ; but it sure would n't hurt it either . Having auto coverage and maintaining your coverage will show moral and financial responsibility . "}
{"input": "Who Offers Medicare Part D? ", "output": "A number of private health insurance companies offer Medicare Part D . There are some websites on the internet that will allow you to put in your state and see what plans are available . Here is one of those websites . WEBSITELINK This is a helpful tool to see who offers Medicare Part D in your area . "}
{"input": "How Can I Buy Life Insurance For My Parents? ", "output": "That is a great question ! It speaks well of you , that you are concerned enough for them to be willing to buy their policies for them . The first step is to make sure that they are willing to allow you to do it . If they do not willingly sign the applications , and understand what they are signing , the policies wo n't be issued , or there will be serious issues when you go to file the claims . If they are good with it , find an agent that can help you find a policy that best suits their health , age and financial needs , and your budget . Good luck , and if you would like help , feel free to contact me . Thanks for asking ! "}
{"input": "How Can I Buy Life Insurance For My Parents? ", "output": "To buy life insurance for your parents , I suggest that you first sit down with them and discuss the prospect of buying life insurance . You may need to speak from your heart , explaining that you worry how you are going to be able to give them the send off they deserve when their lives end . Keep in mind that they may be embarrassed if they can not afford to buy life insurance for themselves . Or they just may find it too painful to think about . With a loving approach and clarification about who is paying for the policy , this conversation will pave the way for a smooth purchase . When you are ready to shop , be sure to get the list of medications your parents take , their health history , height and weight , and other relevant information . Then you can call websites that offer Senior Life Insurance . Most people who are buying life insurance for their parents get a policy that does not require an exam . For final expenses such as funeral , you will want a permanent policy that is sure to be in effect when your parents pass away . You also want to get one where the price is locked in , so that it does not become unaffordable as they age . Applying will require that they sign the app , and they may need to do a phone interview . Most people choose to have the premium drafted when approved , so that the policy goes into effect within a very short time . It is a good thing you are doing . Best wishes ! "}
{"input": "How Can I Buy Life Insurance For My Parents? ", "output": "You can buy life insurance for parents , but only with their permission . You need an insurable interest , but as your parents , you very likely have one . Some financial connection is sufficient . They will need a medical exam , except for low coverage guaranteed policies . If they pass , they can obtain the coverage , with you as beneficiary , or anyone else . Thank you . GARY LANE . "}
{"input": "How Can I Buy Life Insurance For My Parents? ", "output": "Yes . You can buy life insurance on your parents when several factors are met : 1 -RRB- They agree to allow you to take out a life insurance policy on their lives . 2 -RRB- There is an insurable interest for the coverage -LRB- buying coverage on a family member is a common purchasing scenario -RRB- . 3 -RRB- The policy being applied for is suitable to the need - there are limits to how much coverage can be taken out a person -LRB- generally 20-30x income - exact maximum coverage allowance varies by carrier -RRB- . After discussing the prospect of buying the insurance with your parents , you will want to talk to an experienced life insurance broker who can go through everything with you , evaluate how much coverage is appropriate for what you 're trying to accomplish , review the medical histories of them -LRB- this is critical especially with older individuals because it affects the risk classification they qualify for -RRB- , provide the proper and most accurate quotes for the coverage , and get the coverage placed in force . I hope the input is helpful - please feel free to contact me for help or if you have any other questions . Thanks very much . "}
{"input": "What Does Home Insurance Usually Cost? ", "output": "In order to obtain a home insurance quote , you will need to contact a provider and answer questions for the carrier to assess the risk and thus quote the risk based on your specific factors . A few of the risk factors that assess the premium are : the geographic area of the home to be insured , the home 's characteristics -LRB- size & year built -RRB- , the type of roof , type of plumbing , recent updates , prior claims , amount of Personal Liability insurance requested , deductible requested and any additional endorsements that you would like to add -LRB- i.e. jewelry , personal injury , extended liability to other dwelling etc. . . -RRB- . The price of home insurance differs in each and every zip code in the country based on actuarial figures ; also all insurance carriers have a different method of assessing risk thus producing a different premium for the same policy . "}
{"input": "How Do Enhanced Annuities Work? ", "output": "Enhanced annuities are generally immediate , lifetime income annuities that pay more in the payout period due to the health factors of the annuitant -LRB- person upon whose life annuity payments are based -RRB- . Lifetime annuities pay out until the annuitant dies -LRB- plus any guarantees built into the contract -RRB- . Annuity payments are based on actuarial tables . If the person receiving the payments lives longer than expected , it is to their advantage . Enhanced annuities or Impaired annuities pay extra because the annuitant has a shorter life expectancy . This can be due to health conditions or health habits such as smoking . "}
{"input": "What Is Renters Insurance For? ", "output": "A renters policy , like all other insurance policies , is designed to protect you from an unacceptable risk . The renters policy has two basic sections . The first section will cover damages to your personal property . That is not included in the landlords policy and is your responsibility . The second section covers you should you be sued for personal injury or physical damages . The cost of a lawsuit could easily bankrupt you . "}
{"input": "What Is The Insurance Value Of A Totaled Car? ", "output": "If you are in an automobile accident and the cost to repair your vehicle meets or exceeds a certain percentage of the vehicle 's value , your insurance carrier will declare the vehicle a total loss . When an insurance carrier declares a vehicle a total loss , your carrier is supposed to pay the insured what the vehicle was worth at the time of the accident , less any applicable deductibles . An insurance carrier will utilize one or more sources when trying to determine the value of a totaled vehicle . State insurance regulations mandate how an insurance company settles total loss claims . "}
{"input": "Does Life Insurance Require A Credit Check? ", "output": "That is a great question ! In the vast majority of cases , life insurance companies will not check your credit rating . In many cases your agreements section of your policy may give them the right to check , and if the value of the policy is high enough they might , but that 's pretty much the only times that I know of . Most often , it 's your medical history , your prescription history , and occasionally your driving record that they will check . Thanks for asking ! "}
{"input": "Does Life Insurance Require A Credit Check? ", "output": "It may . Most companies get your authorization to secure a credit report when you apply for coverage -LRB- read that last page , lots of stuff in there -RRB- as an option they can use when underwriting a policy . The depth of how far they go may depend on how big a face amount you 're applying for . The bigger the face amount , the more information required . "}
{"input": "Does Life Insurance Require A Credit Check? ", "output": "Life insurance underwriters do not bother to check credit on smaller policies , but they may check credit on policies with a large face amount or large premiums . If the credit score is extremely bad , the policy may be postponed until some attempts have made to improve one 's credit score . "}
{"input": "Does Life Insurance Require A Credit Check? ", "output": "Not all life insurance companies require a credit check , but it is a present trend in the industry . Youre ability to pay bills on time may reflect your ability to pay premiums on time . Some products , like guaranteed universal life may be time sensitive with scheduled premium events . Its important to know youre the companys procedures if your credit score is questionable . "}
{"input": "Is Life Insurance Exempt From Creditors In Mississippi? ", "output": "Generally , the death benefit of life insurance in Mississippi is exempt from creditors as long as it it not left to the estate . If the beneficiary is the estate , or if there are no living beneficiaries on the policy -LRB- causing the death benefit to go to the estate -RRB- , the life insurance proceeds will go through probate and creditors will not be exempt from going after those funds . Contact a lawyer about possible exceptions . "}
{"input": "Is The TSP A Good Retirement Plan? ", "output": "The Thrift Savings Plan -LRB- TSP -RRB- is a qualified defined contribution plan for U.S. civil service employees and uniformed service members . The Thrift Savings Plan is part of the Federal Employees Retirement System is similar to 401 -LRB- k -RRB- and Roth 401k . There are millions of participants in TSPs , so the plan is apparently adequate for those participating . "}
{"input": "Can You Take Money Out Of Your Retirement Plan? ", "output": "Most qualified retirement plans allow plan participants to borrow money from their accounts.The plan generally charges interest and a scheduled loan pay back arrangement . Outstanding loans can hinder transfers to another plan or trigger an ordinary income taxable event at termination . Tapping qualified retirement plans should be last on your list of financial resources in times of need . "}
{"input": "Can You Take Money Out Of Your Retirement Plan? ", "output": "Retirement plans are governed by legislation and withdrawals where permitted have tax consequences . In Canada , you can withdraw from your Registered Retirement Savings Plans -LRB- RRSPs -RRB- . The amount withdrawn is added to your income . There is a withholding tax of 10 % for amounts up to $ 5,000 , 20 % for $ 5001 to $ 15,000 and 30 % over $ 15,000 . Pension plans are more restrictive and you can not withdraw lump sums from the plan while you are with the company . Even when you leave there are restrictions on withdrawal other than as an income or transfer to a `` locked-in '' Registered Retirement Savings Plans . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local Retirement Planner , you could start with a Google search . For example if you search for : retirement planner Halifax or retirement planning Halifax , my name along with several others will come up . You can use the same method to find Retirement Planners in your community . "}
{"input": "What Is The Best And Most Affordable Life Insurance? ", "output": "For most budget conscience consumers , 30 year term life insurance with a conversion provision is the best bang for the buck on affordable life insurance . I choose 30 years because many consumers have mortgagees that last that long . I recommend term insurance with conversion provisions to maintain the option to convert to permanent life insurance if its deemed necessary . Make sure the permanent policies are worth converting to before you purchase term life insurance . Remember , the key issue is affordability . Guaranteed term life insurance can be purchased for guaranteed periods starting at 5 to 30 years . Guaranteed term life insurance with convertibility is more than likely the best option for most . "}
{"input": "What Is The Best And Most Affordable Life Insurance? ", "output": "The best and most affordable life insurance is what is best and most affordable for your unique situation . For a couple in their 30 's purchasing a home , Term life insurance may be best and most affordable . It can be inexpensive for a large amount of coverage , and the need will theoretically end when the mortgage ends , so you can tailor the term to fit the years of the mortgage . Choosing a convertible policy will ensure that life insurance is available even if a serious health problem arises . For a healthy woman in her 60 's looking for final expense insurance , taking Term coverage would not be a good idea . If the term ends before she passes , there may well be no affordable way to extend or replace that policy . It would be far better to lock in a permanent rate while she is healthy . "}
{"input": "What Is The Best And Most Affordable Life Insurance? ", "output": "What is the best and most affordable life insurance ? The best and most affordable is going to depend on your need . Situations have different answers depending on the need . Coverage for a short period of time say 20 years or less ? Pretty much always term for premium cost . However , if you are seeking your money back with a reasonable return , universal life may the the answer . You can see there are variables withing variables depending on your needs . For long periods of time , greater than 20 years or lifetime , permanent is usually the best answer . While expensive upfront , the cost is locked in and does n't increase over time and usually provides a return that builds cash values . Simple rule of thumb is term is the cheapest to start with , the most expensive to finish with . Whole life is the most expensive to start with , but the cheapest in the long run . "}
{"input": "What Is The Best And Most Affordable Life Insurance? ", "output": "There is no correct answer for that question . It depends on your circumstances . Rates are determined by age and health , type and amount of coverage applied for . A person with excellent health age 30 applying for $ 100,000 coverage may get an excellaent rate from a company , but a person 55 in excellent health may get a better rate thru another company . The best thing is to sit down with an experienced agent who represents many companies and have him help you find the best and most affordable company for YOU ! "}
{"input": "Does Health Insurance Cover Naturopathic Doctors? ", "output": "Unfortunately in most cases the answer is no . Naturopathy is not general accepted because it is considered to be an alternative health practice not generally sanctioned by the AMA . Since health care in the US and most of the world has been taken over by the drug companies , any type of practice that utilizes and promotes natural methods over drugs is not considered accepted medical practice regardless of its effectiveness . To me this is unfortunate because it could save millions in health care costs . "}
{"input": "Does AARP Cover Cialis For An Enlarged Prostate? ", "output": "Please note , AARP is not an insurance company - they are a marketing organization that attaches their name to insurance products that are offered by carriers . If your AARP prescription coverage is under a Medicare type plan -LRB- Part D prescription drug plan or Medicare Advantage prescription drug plan -RRB- , then your insurance coverage would be through United Healthcare . If your AARP prescription coverage is under a individual health plan for persons under 65 , then your insurance coverage would be through Aetna . It 's fairly simple to find out if your specific health plan will cover Cialis - you can do so by either 1 -RRB- contacting your insurance provider and asking them if it should be covered under your plan -LRB- the contact number is generally on the back of your insurance plan ID card -RRB- , 2 -RRB- reviewing the list of drugs covered by a plan -LRB- its formulary -RRB- by checking on your online profile through the carrier 's website -LRB- if you have one -RRB- or in your policy , or by contacting your insurance agent who sold you the policy . I hope the information is helpful - please feel free to contact me for help with any other insurance questions . Thanks very much . "}
{"input": "Does Medicare Cover Euflexxa Injections? ", "output": "Medicare does cover many medications administered by injection . Some drugs , such as Zostavax , are covered under Medicare Part D. Others are a Medicare Part B claim . In the case of Euflexxa , if your doctor properly codes the claim , Medicare Part B should pay for the drug and administration of the medication . "}
{"input": "Is Hazard Insurance The Same As Home Insurance? ", "output": "When used in the context of a discussion of Home Insurance , yes it is . `` Hazard Insurance '' is a common term used to refer to Homeowners ' Insurance becauseit speaks to the broad `` hazards '' that such a policy insures against . Hazards such as wind , fire , lightning , wind driven rain , smoke , etc are common . Be sure to talk with your insurance professional to understand all of the coverage , limitations and options that your policy provides . "}
{"input": "Why Take Out Life Insurance? ", "output": "Great question ! Life insurance is a way to ensure that you can have funds available to cover your funeral expenses , to provide an income for loved ones , or to leave an inheritance to those you love . In some cases , it can also be a way to provide cash for later in life , or for emergencies . If you would like help finding one , or answering more questions , please contact me , I 'm happy to help . Thanks for asking ! "}
{"input": "Why Take Out Life Insurance? ", "output": "Life Insurance provides a tax-free death benefit to your heirs , company -LRB- and/or business partner -RRB- or estate to give some ideas . Life Insurance provides financial security to families who lost a parent or spouse , provides funding for college education for the children who otherwise would never have a chance to go . Life Insurance is about providing that peace of mind that yours truly will be taken care of when you are not here due to a premature death or even a planned one . "}
{"input": "What Is Best Long Term Care Insurance? ", "output": "While there several long term care insurance companies worth reviewing for their premium costs and policy definitions , there are only six brokerage players : Genworth , John Hancock , LifeSecure , Mutual of Omaha , MedAmerica and Transamerica . Niche Companies include : Equitable -LRB- STC -RRB- , Aetna -LRB- STC -RRB- , Lincoln -LRB- Linked Benefit -RRB- . There are other long term care insurance companies , but these represent the players . Product suitability is an important item in matching your long term care needs with the right benefits . That being said my overall pick is Genworth . "}
{"input": "What Is Health Insurance Exchanges In The Affordable Care Act? ", "output": "The health insurance marketplaces -LRB- exchanges as they were originally referred to -RRB- are a creation of the Affordable Care Act -LRB- ObamaCare -RRB- and the first exchange based plans were effective on January 1 , 2014 . The marketplaces are set up under either direct state supervision or are managed by the Federal government is the vast majority of states . Their purpose is to provide a web site based means for people to comparison shop between health insurance plan options , determine if they qualify for any premium subsidies and/or cost sharing reductions , and enroll in a health insurance plan . The stated objective of the health insurance marketplaces was to get more people covered under health insurance , enhance competition and to lower health insurance costs while improving overall coverage levels . While we have seen some reduction in the numbers of uninsured Americans we have also seen a shift in coverage from middle class to lower income Americans . It is debatable as to whether the competitive landscape has changed significantly and the general perception is that most people 's benefit levels have decreased while their net costs have increased . The main reason a consumer would want to make use of the government health insurance marketplace would be if they are in the income range -LRB- 100 % to 400 % of the Federal Poverty Level -RRB- where they would qualify for subsidies of their health insurance premiums . A person can only receive premium subsidies for approved health insurance plans purchased through the marketplace in your state . Even in this case , you should seek out the guidance of an experienced health insurance agent to explain the products you are considering purchasing . "}
{"input": "What Is Health Insurance Exchanges In The Affordable Care Act? ", "output": "That is a great question ! The exchanges offered in the Affordable Care Act -LRB- Obamacare -RRB- are essentially marketplaces where you can compare several companies , and the plans that they offer . One of the best things about the exchanges are that the Federal one , www.healthcare.gov and the States that offered them allow for the folks who purchase from them to have the opportunity to have the prices rebated if they fall under certain income levels . Cheap , affordable coverage is a great thing . But look fast , as our new Congress is already talking about removing the benefits of the act , and the Supreme Court in it 's wisdom will probably help . This may well be the last year that many Americans can afford coverage for a while . Thanks for asking ! "}
{"input": "When Do You Pay A Deductible On Auto Insurance? ", "output": "You will pay a deductible on car insurance if you file a `` physical damage '' claim on your policy . Physical Damage is separated into two areas : Collision and `` Other than Collision '' or Comprehensive . Both deal with damage to YOUR car as a result of a covered loss . There are a few situations where you will not pay a deductible . If you have Full Glass protection and your window glass needs to be replaced or repaired because , say a rock hits it . Then because you have full glass , you will not pay a deductible . Likewise , if you have towing or `` Roadside Assistance '' you will not be responsible for a deductible . Some companies offer `` Vanishing Deductible `` and `` Advance Deductible '' , both of which are fantastic features . Call your Insurance Professional to ask what your poliy covers BEFORE you need it . "}
{"input": "When Do You Pay A Deductible On Auto Insurance? ", "output": "When you have a claim you will pay your deductible . Usually this is figured in the repair cost . If the cost of repair is $ 1500 and you have a $ 500 deductible you will be billed by the repair shop the $ 500 and you insurance would pay the balance . "}
{"input": "How To Find If Someone Has Life Insurance? ", "output": "Are you looking to see if a close relative had insurance before they passed ? You will find that because of the HIPPA and Patriot Act privacy rules will not allow agents or companies to pass out much information , without that person 's permission . If you contact me through my link , I may be able to provide you with more help , depending on what your reason for seeking this information . "}
{"input": "How Much Should I Estimate For Homeowners Insurance? ", "output": "If you are purchasing a home , your realtor should be able to give you a rough estimate of the cost of a homeowners policy . The premium for a homeowners policy varies widely because each home is unique as is each home owner . Your trusted insurance agent can compute a quote in less than an hour . If you dont have a trusted insurance agent get recommendations from your friends , neighbors and colleagues . Make sure that the agent listens to you , offers sound advice and delivers on promises . "}
{"input": "Why Don't People Buy Long Term Care Insurance? ", "output": "Because it 's not going to happen to them and it 's expensive . But the truth is the cost of the coverage is not nearly as expensive as the average cost of care and there is a pretty darned good chance they WILL need care . Roughly 70 % of people over 65 will need long term care services in their lifetime , 40 % of people currently receiving long term care services are aged 10-64 ! Average home health care expenses in Illinois average over $ 45,000 while a semi-private room averages around $ 70,000 , FAR more than the cost of the coverage to pay for it . "}
{"input": "What Is Medical Expense Coverage In Auto Insurance? ", "output": "Medical Expense , sometimes also called Personal Injury Protection -LRB- PIP -RRB- provides coverage for you and your resident family members should you be injured in an incident while in a car or caused by one . In some states , this coverage is a requirement , while in others it is voluntary . If you have it , and if injured , then the claim must be opened with your auto carrier for handling first . Any excess may then be claimed under your Health Insurance policy . "}
{"input": "Does Diabetes Affect Life Insurance? ", "output": "Diabetes does affect life insurance rates , but how much diabetes affects life insurance depends on the level of diabetic control . More than whether you are type 1 or type 2 , whether you use oral med or use insulin , whether you were diagnosed at age 10 or diagnosed at age 50 , your A1C number matters . If it is over 10 , the amount of life insurance you can get will be limited and the price will be very high . If under 8 , a person with diabetes can get affordable rates , even though higher than someone who has no health issues whatsoever . "}
{"input": "Is A Life Insurance Plan An Erisa Plan? ", "output": "Life insurance is not an ERISA plan . However , life insurance purchased in a pension plan has ERISA implications . ERISA is a federal law which dates back to 1974 that sets minimum standards for retirement plans in the private sector . The protections provided to plan participants are extensive . To the extent that retirement plans utilize life insurance and related products as plan assets , the standards and protections can indirectly apply to such products . For example , there are specific rules for qualified retirement plans which place limits on life insurance as a plan asset . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "What does a ten year level premium life insurance policy mean ? It means that for the first10 years -LRB- or 15,20,25 or 30 years -RRB- the premium charged will remain the same guaranteed for the amount of time stated . After that , most level term policies can be continued out to age 90 or 95 depending on the company . The premium after the level period howver , becomes annual increasing premium term . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "A 10 year life level term life insurance policy gives the individual 10 years of protection with the premium remaining the same for those years . At the end of the period if you feel you still need coverage then it can be renewed for another 10 years with either the same face amount or a lesser face amount . The premium , of course would be higher for the second 10 years . Most of the term insurance that I write is for 20 to 30 years , the average being 20 years . But , if it is a budgetary issue then I will write a 10 year or a 15 year at the needed face amount in lieu of cutting the face amount . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "A 10-year term life insurance policy is a level benefit term life insurance policy that states that the premiums will remain fixed and guaranteed for 10 years . Term life insurance guarantees the premiums will remain fixed for a specific number of years -LRB- 10 , 15 , 20 , 25 , or 30 years -RRB- . After the initial period of premium guarantee expires -LRB- the term period -RRB- , the policy will be annually renewable and premiums will increase each year -LRB- based on age -RRB- . 10-year term policies seem like a great deal because they typically offer the lowest possible premiums for a given amount of coverage . One of the main reasons to buy longer is to protect your insurability and pay a small amount for a longer time instead of securing a new policy when you 're 10 years older and your health has changed . Creating a combination of benefits can often be a great idea -LRB- e.g. having part term and part permanent coverage or having part 10 year term , part 20 year term , etc. -RRB- Please let me know if I can be of further assistance . Thanks very much . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "10 year level term life insurance is life insurance that charges the same premium , and pays the same death benefit , for 10 years . The insurance company levels out the premium by averaging the cost of insurance over the 10 years . The advantage is that , even if you develop a health condition , you are still paying the rates for whatever health you had when you took out the policy . That is also the advantage of taking out longer terms . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "Term life insurance is a specific product for a specific need . Unlike various forms of permanent life insurance , term is designed to expire before you do . Term life insurance may be perfect for needs with a defined time limit . You can use it to cover debts such as a mortgage that is to be paid off in a specified number of years such as 15 or 30 years . Term life insurance could be used to satisfy a divorce decree where child support or even alimony -LRB- with a time limit -RRB- is required . Some business obligations are also situations where a term life insurance policy might be a good idea . But if you have a permanent need , such as for estate planning purposes -LRB- including estate liquidity -RRB- , term life insurance may not be your best choice . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "10 year level term life insurance is simply a life insurance policy which provides coverage for 10 years . After 10 years the guarantee goes away and the premium WILL go up . I always like to ask why are you interested in 10 years unless you are in your 60 's . Most people will look at 20 years of lever term coverage . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "A ten year term policy provides a level death benefit in exchange for a level premium for ten years . Some of these policies are renewable but at a considerably higher premium . Few of these policies result in a death claim , most expire and disappear . They provide appropriate coverage when the obligation they are designed to meet lasts ten years . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "This is term , or temporary insurance . It keeps the same premium -LRB- thus Level -RRB- for a specified number of years . In this case for ten years the premium will stay the same . After that period , most companies will let you keep the policy , but the premium will escalate . Sometimes very rapidly . The only way to keep the premium the same longer is for a longer term then ten years , ie 20 or 30 year level term , or to get permanent , whole or universal life insurance . Thank you . GARY LANE . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "Pure Term Life insurance has premiums that increase every year as you get older . Most people do n't like a premium that goes up every year so they decide how long they need the insurance and level out the premiums by buying level premium term . When you do this you are paying extra in the earlier years in order to level out the premium in the later years of your level premium period . That is why 1-year term is much cheaper than 20-year term . When you buy term life insurance , you should determine how long you want the premium to be level and buy it for that length . For instance if your mortgage is paid off in 18-more years , you should buy a 20-year level term policy if the mortgage payoff is the reason for the insurance . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "This refers to a term life insurance policy and the time period that the policy at the quoted rates would remain in effect . As its name implies , term life insurance , runs for a stated period of time -LRB- usually 10 , 20 or 30 year terms -RRB- . If at the end of that time period the policy holder has not died then the policy ends and the insurance carrier keeps all premiums paid during the life of the policy . A 10-Year Term Life policy means a policy that will cover the policyholder for a period of 10-years at the rates quoted or subject to whatever rate terms as associated with the policy . For example , a person might purchasea $ 50,000 10-year Term Life Insurance policy which would mean that if the policyholder kept their policy paid up and died during that 10-year coverage period the life insurance company would pay $ 50,000 to the person 's beneficiary . Term life insurance is the least expensive form of life insurance and builds up no cash value as opposed to permanent life insurance which is more expensive . Many people use a combination of term and permanent life insurance to protect them and their families for the financial risk of the death of the policyholder at different stages in their life . For example , a man in his 40 's with a mortgage and children getting ready for college may have need for more life insurance than he will when he is 65 , retired and an empty nester . Proper structuring of a life insurance portfolio over the course of a person 's life can help achieve this goal most cost effectively . "}
{"input": "What Does 10 Year Level Term Life Insurance Mean? ", "output": "As the name suggest 10 year level term is a policy that provides level coverage for a level premium for 10 years . In many cases it renewable at a higher premium for a further 10 years . This type of policy usually expires at a given age for example 85 . In many cases the policy is convertible to a level premium permanent insurance policy . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "What Is A Modified Endowment Contract? ", "output": "Life insurance was given tax favored status because it is was established for death protection . However , people started putting ever larger amounts of money into insurance policies due to the tax free growth and loans , for investment purposes . In 1988 , Congress put a limit on how much cash can accumulate in a policy within a certain period of time and still avoid income tax . When the policy goes over that limit , it is called a Modified Endowment Contract -LRB- MEC -RRB- and no longer gives the policyowner access to cash values tax free . "}
{"input": "Can I Get Life Insurance If I'm Overweight? ", "output": "Yes , most people can get some type of life insurance policy if overweight , even if you are morbidly obese -LRB- do n't you hate that label -RRB- . There are a handful of companies that will provide first day coverage -LRB- no graded period -RRB- without any weight requirement at all . Most policies that disregard weight will have a graded period , where the death benefit paid during the first couple of years would be reduced for death due to natural causes . Some simplified issue polices -LRB- no exam needed -RRB- have very liberal weight charts . These can be a good choice , especially if you have not had your blood tested for a while . There are also some fully underwritten policies that have much more lenient weight charts than others . If you are applying for a large policy , certain companies can save you thousands of dollars . Be sure to contact an impaired risk or overweight life insurance expert for your life insurance if you are significantly overweight . Not only do you need a variety of choices , you need the experience of someone who knows how to maneuver the factors involved : weight changes over the past year , health conditions that can be associated with build , etc. . "}
{"input": "Can I Get Life Insurance If I'm Overweight? ", "output": "Yes , you can get life insurance if you 're overweight . The height/weight profile is one of the biggest factors in the underwriting process - it 's one of the first risk measurements used by insurance companies to determine what risk class the carrier will assign and what rates to charge . The acceptable height/weight range for each risk class can vary substantially from company to company . If you are considered overweight , life insurance companies will want to know the following information to make an accurate risk assessment : 1 -RRB- What is your current height/weight ? 2 -RRB- Have you gained or lost more than 20 pounds in the past year ? Is your weight stable ? 3 -RRB- Are you a smoker or use tobacco products ? 4 -RRB- Are you being treated for high blood pressure or cholesterol ? 5 -RRB- Have you had any abnormal lab results ? 6 -RRB- Any history of cancer or heart disease in the immediate family before age 60 ? 7 -RRB- Do you have any co-morbid conditions , such as diabetes , heart disease , sleep apnea , tobacco use , etc ? Obesity is a condition which can receive favorable underwriting a few companies may also be able to offer a standard rate even when a table rating would normally apply if you purchase permanent insurance instead of term insurance through a table reduction program . Table ratings require an extra premium compared to a standard rate . An example would be a Table D / Table 4 rate would be approximately two times the standard rate . If you are overweight , you should NOT apply with multiple companies at the same time . The more companies that give you a table rating or decline coverage on a formal application , the less likely you are to get a better offer ! You need the help of and independent life insurance agent that can shop your medical profile informally -LRB- no personal information is revealed to the insurance companies , just a general medical profile -RRB- . "}
{"input": "Can I Get Life Insurance If I'm Overweight? ", "output": "Absolutely ! And at WEBSITELINK you can instantly compare rates of 35 leading life insurers and view actual acceptable weight tables and underwriting guidelines . This way , you can know in seconds which U.S. life company will offer the best price for your situation . Life insurers vary wildly in the way they price policies and in their weight-height charts , so it pays to shop around and deal with an experience agency when you obtain advice or go to buy . LifeQuotes.com is celebrating its 30th anniversary this year and we 've sold over 300,000 life policies by using this low-key approach . Good luck ! "}
{"input": "Can I Get Life Insurance If I'm Overweight? ", "output": "Yes , it is possible to get insurance if you are overweight . Most companies have height/weight charts that they used to determine the `` ideal weight '' for standard insurance . If you are outside those guidelines then the company will look to rate you or possibly decline . There are guaranteed issue policies available with graded benefits in the first 2 to 3 years . In addition some companies offer short form applications . The recommended route is to work with an experience insurance broker . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Can I Get Life Insurance If I'm Overweight? ", "output": "Yes , you can get life insurance if you 're overweight , but there are different types of policies you can apply for . Fully underwritten plans will take your body mass index -LRB- BMI -RRB- into account and may cause your rate to increase or possibly decline your application . A popular route for overweight applicants are non-medical or rapid issue life insurance plans that have lenient height and weight guidelines . "}
{"input": "Can I Get Life Insurance If I'm Overweight? ", "output": "You most certainly can , unless your weight not only affects your health , but is so obese that it affects your ability to get around . It will affect the rate you pay however . In the worst case , you may be limited to guaranteed issue policies . The critical factor is how is it affecting the rest of your health ? Gary Lane . Thank you . "}
{"input": "Can U Get Medicare At 62? ", "output": "Unless you are on Social Security disability you will have to wait until you are 65 . While it is true you can retire at age 63 and go on Social Security you would not be eligible for Medicare . With the new Health Care Reform , you may qualify for a subsidy to purchase an exchange plan depending on your income . "}
{"input": "How To File A Disability Insurance Claim? ", "output": "To file a disability claim , of course you must be disabled , or believe that you are disabled . You should immediately call your broker or agent to provide details and submit a claim . You can also contact the insurer directly . A claims approver or claims specialist/underwriter will review the specifics of the claim and notify you of their decision . "}
{"input": "When Does A Health Insurance Policy Become Effective? ", "output": "A health insurance policy can be issued with a temporary receipt for first months premium and unless the company refuses to accept the risk you were covered from the time you paid the first premium . It can also be issued where you sign a bankdraft and with the understanding the insurance company is going to draft your checking account each month the policy will become effective on the first of the month following completion of the application . In the case of Medicare Advantage the policy may have a zero premium and the agent simply sends in your application and the policy becomes effective on 1/1/2014 . "}
{"input": "Does Homeowners Insurance Cover Tree Removal After Storm? ", "output": "It may , at least in part , cover this . Talk to your Insurance Professional about the terms and conditions of your policy . Policies can provide for coverage so long as the tree has fallen and caused damage to real property , for example , your house or storage shed . In cases such as this , the policy would pay to remove the tree andrepair the damage to the affected property and for the cutting up and removal of the debris . This would however all be subject to your Homeowners ' deductible and the coverage provided may be limited to a specific dollar amount . "}
{"input": "Does A Single Person Without Dependents Need Life Insurance? ", "output": "In some ways , a single person with no dependents needs life insurance more than others , because they may want to make their estate very easy to settle upon their death . Paying funeral costs , disposing of property , and settling bills all take money up front , that life insurance can easily and quickly provide . "}
{"input": "Does A Single Person Without Dependents Need Life Insurance? ", "output": "There may be no financial reason to have life insurance if you have no family , business partners or charities who depend on you . If you have no current financial liabilities , future obligations and charitable intent , it is conceivable , no matter how improbable that you do need need life insurance in the traditional sense . You may , however , want to investigate the tax advantages for supplemental retirement income that life insurance can generate with it 's diverse crediting methods that may fit your sangs or investment profile . "}
{"input": "Does Car Insurance Show Up On Credit Report? ", "output": "It depends . . if you do not pay you insurance bill and you owe a balance and cancel your policy your insurance compay may send it to collection . That being said most insurance company have there own collection department and most of the time will not report on your credit . But its a good idea to pay your insurance on time . "}
{"input": "Does Life Insurance Gain Interest? ", "output": "Term life insurance does not have any cash value . The only way term insurance pays out is if the insured person dies . Then it will pay the face amount of the policy to the beneficiary . Therefore , it does not gain interest . Permanent insurance comes in variations of whole and universal life . Those policies do gain interest within the policy . However , some of this is offset by the cost of insurance , which is the cost of insuring your life . That is what separates life insurance from a savings account , and why tax benefits are given to life insurance . "}
{"input": "Does Life Insurance Gain Interest? ", "output": "There are two permanent cash value life inusrance policies that use interest rates in their crediting method : participating whole life and current assumption universal life.participalting whole life uses a combination of interest rate returns and the return of unused expenses to create a dividend . Current Assumption universal life use interest rate crediting for both their current and guaranteed interest rates . "}
{"input": "Does Life Insurance Gain Interest? ", "output": "Cash value life insurance from a mutual company , can gain interest if elected , but in doing so loses some tax advantages by choosing other options . Putting dividends in an interest bearing account with the policy creates a tax liability on the gain those monies earn . The most common way to avoid interest taxable gains on a policy is to elect paid up additions . "}
{"input": "Does Health Insurance Cover Quitting Smoking? ", "output": "Under the new Affordable Care Act , many smoking cessation programs and related items may be covered under your private or group health insurance plan . Although the degree of benefits may vary , there 's a good chance you can get some reimbursement . Simply check with your current carrier or if applying for a new policy through experienced brokers such as us , simply ask and we will check the insurers in your area . Full-time experienced brokers are always a great resource ! "}
{"input": "Does Health Insurance Cover Quitting Smoking? ", "output": "If you purchase individual health insurance , you may have toask your agent to check individual policies in your area , as there is no `` mandated '' benefit for smoking cessation . When Healthcare Reform rolls around , it may be included as a preventive benefit , but that has not been defined yet . "}
{"input": "Is Renters Insurance Worth The Money? ", "output": "Generally speaking yes renter 's insurance is worth the money . The cost of covering your personal items with renter 's insurance is generally pretty low compared to the cost that you would incur to replace all of those items if you lost them due to an event covered by your renter 's insurance policy . "}
{"input": "Should I Get Long Term Healthcare Insurance? ", "output": "You should get long term healthcare insurance -LRB- normally called long term care insurance -RRB- if you have assets to protect ; if you want more choices in selecting who should provide your care for you , and where it should be provided ; and if you can afford to pay long term care premiums . "}
{"input": "Should I Get Long Term Healthcare Insurance? ", "output": "Yes , you should purchase long-term care insurance especially if you do not want to become a ward of the government when you need the care . Also , different policies cover different types of care . Therefore , make sure your agent is knowledgeable in this area . It boils down to paying yourself first . This will allow you , or your designee , to make your choices for you and not the government . "}
{"input": "How Quickly Can I Get Life Insurance? ", "output": "Small , not-so-cheap polices can be purchased on-line , or with a minimum of paperwork . The good news : no exam , no medical records review , and quick processing . The bad news : you will probably overpay . And you probably need a lot more coverage . Applications that require full underwriting can still me managed very efficiently , If your broker gets all the ducks in line , you can get coverage relatively soon ... get the full amount you need ... and pay as little as possible . "}
{"input": "How Quickly Can I Get Life Insurance? ", "output": "If you have certain medical conditions you will not be able to apply for a life insurance policy that will issue withina day . Also remember that there is a clause with most if not all life insurance policies that will allow the carrier to deny payment of the death benefit within the first two years the policy is in effect if it is found that any part of the policy information was fraudulant or death of the insured was self inflicted . "}
{"input": "How Quickly Can I Get Life Insurance? ", "output": "How quickly can you get life insurance ? Well very quick if cost is n't a factor for you . The fewer questions the higher the price and if you 're willing to pay , in many cases they 're willing to insure . Now the question that makes it hard . While you can sign up for life insurance super quick , they may not pay in the first two years if you were to die . If that 's the case , you bought fast and died just as quick , the insurance company will underwrite after the fact and quite possibly just return your premium . The best solution rather than buying fast is to buy while your healthy , then questions wo n't matter and you can pick your plan by best cost to you . "}
{"input": "How Quickly Can I Get Life Insurance? ", "output": "There are some life insurance policies that can be purchased as quickly as one day . When applying for very large face amounts , and/or if an exam and medical records are required , the time that it takes the policy to go into effect can be weeks or months . To get life insurance most quickly , use a No Exam Life Insurance policy and ask the usual time it takes to go into effect , as some are much more speedy than others . "}
{"input": "What Are The Rules Of A Roth IRA? ", "output": "There are several rules that determine your eligibility to open a Roth IRA . 1 -RRB- You must first have an income . Did you have earned income in the current tax year ? 2 -RRB- If you earned income , did your income exceed the limits set by the federal government ? This income limit changes every year and is depends on your marital status and tax filing status to determine the maximum income . You qualify for a Roth IRA based upon your Modified Adjusted Gross Income -LRB- MAGI -RRB- . 3 -RRB- You can not contribute more into a Roth IRA than you earned in income . For example , if you earned $ 5,000 for 2014 , that is your maximum contribution . 4 -RRB- The contribution limit in 2014 was $ 5,500 maximum . 5 -RRB- There is no maximum age where you are limited or prohibited from making a contribution to a Roth IRA . 6 -RRB- You are not required to take a mandatory distribution at age 70.5 like qualified IRA 's . 7 -RRB- You can contribute to a Roth IRA even if you participate in a retirement plan at work . Depending on circumstances there may be other rules but this gives you a few ideas . "}
{"input": "Does Health Insurance Cover Counseling? ", "output": "Health Insurance will generally cover counseling that is needed to address substance abuse or mental health issues . Although there is usually a specified limit to how many days/sessions will be covered each policy year . Counseling for other purposes such as couples counseling would not be covered by a health insurance policy . "}
{"input": "What Happens When My Life Insurance Expires? ", "output": "With whole life , it never expires , so long as premiums are paid , or appreciation begins to be used to pay those premiums . With term life , after a fixed number of years , the policy could end with some companies , but usually it just means the premium will escalate , sometime dramatically . To avoid this , buy a longer term policy , or buy a permanent policy . Of course , not paying the premium will end insurance . Thank you . Gary Lane . "}
{"input": "What Happens When My Life Insurance Expires? ", "output": "When a life insurance policy expires , the owner of the policy is no longer required to make premium deposits and the company is no longer obligated to pay a death benefit . It is a legal contract that has come to the end of its term . Often companies make provisions to try to keep life insurance policies in force but without some adjustments they can expire . One of the other professionals mentioned expiration in regards to a universal life policy . This is one of the dangers of a universal life policy that is underfunded . When the insurance costs in the policy exceed the premium the policy then begins to reduce cash value in order to pay the increased premium . This has an accelerating effect . The older you become the more rapid the increases in insurance cost . If your cash value is declining at the same time the policy will eventually run out of cash value and will expire . Most clients who experience this are caught unawares . The companies do all that they can to keep the policy owner informed but paying that reduced premium is a habit that is difficult to change . "}
{"input": "What Happens When My Life Insurance Expires? ", "output": "Generally , when people ask about their life insurance expiring , they are referring to Term insurance . When the term of 10 , 15 , 20 , etc years is up , your policy may end , or you may choose to continue it at a much higher premium . Most people get a new Term policy when their current one expires . Sometimes Universal Life policies expire . Rather than having to start over , you can dump money into a UL to make it last longer . This does take a substantial amount of cash ; however , you can also reduce the face amount , as long as you are not already at the minimum face amount . "}
{"input": "What Happens When My Life Insurance Expires? ", "output": "What happens when you Life Insurance policy expires depends on the type of policy and the event . If the policy expires because it is reached the end of contract and there is no option for renewal , the policy end . For example term policies usually expire at a specified age . You usually have an option to convert to a permanent policy sometime before the expiry date . If you mean by expiring going out of force because of non-payment you , if you are healthy you can often reinstate the policy by payment of back premiums . Some policies have a cash value that is paid when the policy expires or matures . The policy wording would specify . If you have any questions , or feel that I could be of asssitance , please do not hesitate to contact me . "}
{"input": "Does Car Insurance Cover The Car Or The Person? ", "output": "Actually auto insurance can cover both . The physicaldamageportion of the policy will cover damages to the auto . This would be your collision and comprehensivecoverage 's You may carry medical coverage which could cover your own injury . Your policy will also have liability protection which would cover you -LRB- protect you -RRB- for injuries you cause to others and/or law suits . And you may have uninsured/under-insuredmotoristcoveragewhich would cover injuries to yourself and others in yourvehicleshould you be injured by an uninsured orunder-insuredmotorist . Talk to your local agent about thecoverage ` sand options of your auto policy . "}
{"input": "Does Car Insurance Cover The Car Or The Person? ", "output": "Car insurance typically follows the car . That is , if you are insuring your car and you lend the vehicle to another driver , your insurance pays the damages . Also , if your car is stolen , ofcourse the damages caused would be covered by your own insurer . Each state is different so it is important to speak to a broker about your current state laws regarding following the driver or car . "}
{"input": "Why Choose Variable Life Insurance? ", "output": "It should be antithetical to cover an indemnification risk with a risky product like variable universal life -LRB- VUL -RRB- and an expensive life insurance product it is . If you need life insurance coverage , VUL is too expensive and takes on too much management for the common investor . Howeverthat being said , forexperiencedinvestors that are accustomed tomarket riskwithproductslike electronically traded funds or mutual funds , VUL may be an alternative for their long term equity position . Keep in mind that VUL is very popular with wealthy investorsbecauseof the tax favored features of VUL : deferral duringaccumulationand potential tax free income if the contract is kept in force for the life of the insured . "}
{"input": "Does Renters Insurance Cover Hotel Stay? ", "output": "Great question ! Many policies will cover hotel stays if the home is damaged to the point that it is uninhabitable . I would advise you to contact your agent to ensure that you are indeed covered , and the period or dollar amount that the coverage allows , as there will be limits . If I can help in any way , please contact me . Thanks for asking ! "}
{"input": "Who is responsible for implementing my investment strategy? Insurer? Me? ", "output": "You may have already gotten this resolved but since I have not seen anyone respond to this I thought I would put in my 2 cents worth . Everything you mention makes sense to me . When the company switched the accounts to the guaranteed fund the only way to switch it back would be to notify the company , usually with a company allocation form identifying the new allocations . What troubles me is that from what you are saying , there is no notification of the process . My best guess is there is something in the small print you have which talks about the process but without seeing any of this I can not directly help -LRB- there are no attachments on this venue -RRB- . I would recommend finding a broker and see if they know what the process is specifically with the company the policy is with . "}
{"input": "How Much Does Health Insurance Cost In Nebraska? ", "output": "Many companies , at least nine , stopped offering coverage in Nebraska last year as a result of the Affordable Care Act . This left consumers with far fewer options to chose from , in most counties only Blue Cross Blue Shield and CoOpportunity Health are your only two options . As a result , prices rose for many , especially those not receiving premium subsidies . There is really no such thing as a true or accurate `` average cost for health insurance '' that can be used to estimate the cost you should pay for coverage . When seeking the best coverage for your personal situation , it is always best to contact an licensed , independent agent that works with all of the major companies in your area . Their service is free , and can help you save thousands of dollars in the very near future , especially if you have any major medical claims . "}
{"input": "Does Life Insurance Test For STDs? ", "output": "No , life insurance does not test for STD 's , but the insurance application may ask whether you have an STD at the time you fill out the application . Life insurance does test for HIV antibodies , blood counts that may indicate infection , and other labs for conditions that may or may not have been sexually transmitted . But there are not tests done specifically for STD detection . "}
{"input": "Does Life Insurance Test For STDs? ", "output": "Depending on your age and amount of life insurance you apply for , a medical exam as well as a blood profile and urine specimen may be called for . Insurance companies do not test for everything , but they do look for issues that are likely to affect a person 's life expectancy . At a minimum , companies will screen for HIV and AIDS , even though these conditions are not necessarily transmitted sexually . "}
{"input": "Does Life Insurance Test For STDs? ", "output": "No , a life insurance policy does not specifically test for STD 's . Certain abnormal blood or urine test results could indicate that an STD might be present , but the only way that would be verified is if it was noted on the application or in a phone interview required by the underwriter . It is important to give that information if asked . "}
{"input": "Does Life Insurance Test For STDs? ", "output": "The life insurance underwriting process involves application questions , blood and urine lab testing , paramedical exam for vitals and medical history and possibly a review of medical records if the underwriter needs them . The application has medical history questions which include STD but they do n't use the lab testing for that . Answering yes is unlikely to have an impact on the underwriting process however . "}
{"input": "My 16 Year Old Son Wants To Start A Pet Care Business In Our Neighborhood. Should He (or I) Get Liability Insurance? ", "output": "Go check out the business insurance offered by PSI-Pet Sitters Int ` l . They offer policies specifically for pet sitters . If their policy allows a minor to purchase it , I would go that route . You may have to purchase it for yourself & list your son as an employee . You may have to be the business owner and ` delegate ' all the pet sittings to him . "}
{"input": "My 16 Year Old Son Wants To Start A Pet Care Business In Our Neighborhood. Should He (or I) Get Liability Insurance? ", "output": "Entering business without appropriate liability insurance can result in financial consequences that will dwarf the premium that would be required to have coverage . Just because he is 16 years old will not relieve him of the financial responsibility in the event of an occurrence where someone is injured or property is damaged . I do n't buy into the notion that insurance gives a business credibility but I do agree that it is the best single method of protecting assets and the future ability to earn a living . At 16 years old , another issue develops and that is whether or not he meets legal requirements to start or open a business or can entered into contracts . And , because your son is not of a legal age , will his parents or legal guardian be responsible for any losses that occur in the operation of the business ? If a case can be made for the inclusion of parents or guardians into a claim or lawsuit , the stakes just went up dramatically . So , insurance is a minimum necessity . One other thought . Insurance carriers may not insure your son because of his age , but they are more likely to concern themselves with the combination of his age and lack of business experience . Many carriers having the best rates have the requirement of at least a few years of experience . While coverage may be available in a specialty insurance marketplace , our best carriers will generally have issues with a 16 year old new business customer first entering and insuring a business . Once again , a parent might be necessary to make the business insurance happen . But back to your question : Absolutely a yes on the need for insurance . Good luck . "}
{"input": "My 16 Year Old Son Wants To Start A Pet Care Business In Our Neighborhood. Should He (or I) Get Liability Insurance? ", "output": "A resounding YES to this question . Even the cuddliest and cutest animals have the potential to do bodily harm . Pets are members of our family and are meant to be enjoyed . The responsibility that comes with owning a business is great for an adult , and is especially so for a 16 year old . Having Liability Insurance would give credibility to your business , protect your assets , and give peace of mind to your customers as well . "}
{"input": "My 16 Year Old Son Wants To Start A Pet Care Business In Our Neighborhood. Should He (or I) Get Liability Insurance? ", "output": "I would recommend two things : 1 -RRB- talk to your Insurance Professional about the specific terms and conditions of your home and auto policies . Some companies may allow very small business type risks as incidental based upon the type of business and the revenue generated . For example , a homeowners liability may cover a small lawn mowing business your son may have cutting a few lawns in the neighborhood , but may not cover an animal boarding operation . Likewise a personal auto policy may not provide any coverage at all for any business activity . 2 -RRB- talk to your attorney as an additional trusted advisor about the potential legal liability exposures that such a venture may bring . Remember too a very important principal : insurance only provides protection , it does not limit liability . "}
{"input": "Can I Get Disability Insurance With A Preexisting Condition? ", "output": "If you do have a pre-existing condition , it 's possible that that particular condition would be excluded . For example , if you have had several knee surgeries , it 's most likely that they 'd exclude your knee . Do n't forget that if you get denied for DI due to a pre-exisiting condition , you could still possibly receive critical illness insurance . "}
{"input": "Can I Get Disability Insurance With A Preexisting Condition? ", "output": "That depends entirely upon what the pre-existing condition is and it 's likelihood of causing a person to become disabled . Something like common allergies would technically be a pre-existing condition but just because you may need allergy shots it is highly unlikely that such a condition would be an issue . Now , if you 've had a mild stroke and have a family history of heart disease then you are in a situation where qualifying for disability insurance would be much more difficult , if not impossible , in the individual market . Some disability insurance carriers will issue coverage that might exclude coverage if the disability is a result of the pre-existing condition . And some employer groups offer group disability coverage to their employees that may be guaranteed to be issued as least up to certain levels of financial coverage . "}
{"input": "Can I Get Disability Insurance With A Preexisting Condition? ", "output": "A preexisting condition can be an out right declination depending on the impairment or disease . Whatever the preexisting condition is there are some that may have a possibility of placement depending on how the records are presented and if any mitigating circumstances can credit the underwriting balance sheet in a positive manner . "}
{"input": "Can I Get Disability Insurance With A Preexisting Condition? ", "output": "Getting disability insurance with a pre-existing condition is possible . It depends on the seriousness of the health condition , or rather , how likely that pre-existing condition is to cause disability in later life . Some policies are offered for substandard risk , that have a graded benefit the first years of the policy . "}
{"input": "Can I Get Disability Insurance With A Preexisting Condition? ", "output": "Whether or not you can get Disability Insurance with a pre-existing condition depends on the condition , it 's severity , whether or not it is well controlled , etc. . If that health condition is disallowed for approval with a certain DI policy , you may be able to get the insurance with an exclusion for disability caused by that particular condition . Also , there are graded DI policies available for persons with some health conditions . "}
{"input": "Can I Get Disability Insurance With A Preexisting Condition? ", "output": "It is difficult to say for certain whether you can purchase disability insurance with a pre-existing condition . The answer depends upon what medical condition you have and it 's severity , and where you purchase the policy . Every insurer will ask medical questions and may decline an application if you are deemed likely to make a claim due to your condition . Group policies offered at work sometimes allow for guaranteed issue if enough employees participate . Company paid plans automatically include all employees regardless of health . There may be an exclusion period during which benefits are not paid when the loss is caused by a preexisting condition . "}
{"input": "What To Consider When Buying Life Insurance? ", "output": "The most important consideration is the agent with whom you chose to deal . That agent should listen to you , make sound financial recommendations , and communicate clearly with you and the insurance company . Setting the appropriate limits and developing a mix of life insurance policies is absolutely critical . You could have an A + rated company providing all the guarantees known to man but if the limits are wrong those you love will suffer . That is , after all , the purpose of life insurance . "}
{"input": "What To Consider When Buying Life Insurance? ", "output": "This is a question I wish more people would ask ! First you want to be reasonably certain that the insurer will be around and be able to pay the claim if and when a claim is made . So choosing a provider that has a good long track record and that is in good financial condition should be important . Then you need to consider what your needs and goals are for the insurance . A good insurance adviser can help you to determine your needs and discover what your goals are that a correctly designed life insurance policy can satisfy . "}
{"input": "What To Consider When Buying Life Insurance? ", "output": "Some things to consider when buying life insurance are : 1 -RRB- The guarantees . If you are buying term insurance , you should make sure the premium is guaranteed not to go up for that number of years . If universal life , get a policy guaranteed not to lapse before at least age 100 if you want the policy to last for the rest of your life . You also need to look at the guaranteed interest rate in both whole and universal life . 2 -RRB- The company rating . 3 -RRB- What type of life insurance to get . If you want to use it for cash value or have a permanent need , you need universal life or whole life . If you are looking for inexpensive coverage for a temporary need , term insurance fits the bill . 4 -RRB- Whether you want to pay it over a limited period of time , or for the duration of the policy . Only permanent policies give you the option to pay one lump sum , or a premium for several years and have a paid up policy . "}
{"input": "Does Life Insurance Automatically Go To Credit Card Debt? ", "output": "If you are asking whether the credit card company can garnish life insurance proceeds to pay off credit card debt left by the deceased , the answer is no , as long as the beneficiary of the life insurance policy is a living person . Creditors can go after the estate of the deceased for payment , so if the the beneficiary of the policy is the insured person 's `` estate '' , then the credit card company could have a shot at collecting from the life insurance benefit . If you are asking whether the cost of life insurance is counted as credit card debt , the answer is again no , not unless premiums are charged to a credit card . "}
{"input": "Is Life Insurance A Good Retirement Plan? ", "output": "I would not rely on Life Insurance as my only retirement plan . Life insurance can be used to protect your plan if you die too soon and the cash value can be used in retirement planning to provide additional income , but life insurance is not an investment and is not designed to be your only source of retirement funding . "}
{"input": "Can You Use A PO Box Address For Car Insurance? ", "output": "As a mailing address yes , but not as your physical address . In almost all cases your auto insurance rates are based in part on your physical address zip code . To ensure that you are receiving the proper rate for the risk that the carrier is accepting when providing you with coverage they need to know where you garage your vehicle amongst other information . "}
{"input": "How Many Years Of Term Life Insurance Should I Get? ", "output": "How many years of term insurance you should get depends on what you want the coverage for and for how long . If it is for a short period of time then yearly renewable term might make sense . If you need coverage for longer then a 10 , 20 , or 30 year term could fit the bill . Most term coverage is renewable at the end of the term and will expire at stated age -LRB- age 85 for example -RRB- . Often it is convertible to a level premium permanent plan . The are many options and factors to consider . An independent life insurance broker , representing several companies , can help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . "}
{"input": "How Many Years Of Term Life Insurance Should I Get? ", "output": "The number of years of Term Life Insurance you should get depends on your age and the needs you are trying to cover . Your health , build , smoking status and existing coverage may also enter into your decision . Age and Needs : E.g. . If you are a young person with young children , you will probably want at least 20-30 year term insurance . At a young age you will get a great rate , and that way you will have the premium locked in until your children are on their own . If you are older , you may want to take a shorter term because your premium is higher and your children are almost grown . This is just one example of how age and needs enter into your decision . Health : If you have a chronic health condition , it is a good idea to lock your term rate in for as long as you can afford -LRB- as long as you have a need for coverage that long -RRB- . Even if your health condition remains controlled , just developing one more health condition can cause your rates to jump very high . While your health is stable is the time to lock in that rate for a long time . Build : Almost everyone who is overweight thinks they will lose weight , and many decide to put off buying life insurance until that happens . Unfortunately , even if they lose weight , they have to keep it off for some time before it will lower their life insurance premium . And in the interim , their beneficiaries have no protection at all . A cost effective , wiser option -LRB- in my opinion -RRB- for those who think they will lose weight , is to take a short term policy now . At least then you have coverage , and if you never do lose weight , you can convert your term to permanent later on . On the other hand , if you are at an ideal weight now , again , lock that premium in for as long as you can . Smoking Status : This is similar to the weight issue . If you plan to quit smoking , you may want to take a short term policy now to save money . Existing Coverage : If you already have a long term policy locked in and just need additional coverage for a short time , you might choose a short term policy . You will want to look at what you have now before you decide how many years of Term insurance to add to your portfolio . These are just some examples to help you decide how long the term should be in the life insurance you choose . Give me a call if you 'd like me to help you decide in your situation . "}
{"input": "How Many Years Of Term Life Insurance Should I Get? ", "output": "Talk to your Insurance Professional about your specific needs and identify the plan that best suits those needs . If for example , you are looking for protection for a short term loan , then no more than 10 years would work . If on the other hand , you are looking for mortgage protection then you will want to research coverage that will be there for you for the life of the loan , but also has flexibility to enable you to make adjustments as you refinance and develop additional needs along the way . "}
{"input": "How Long Is The Accumulation Period For Immediate Annuities? ", "output": "Typically there is no accumulation period for an immediate annuity as they begin paying income immediately . Some immediate annuities require the owner/annuitant to wait 30 days before income commences , but there is no accumulation of cash during this period . Deferred annuities would have an accumulation period , and this accumulation period can last almost indefinitely . Most deferred annuities have an accumulation period that lasts until the owner/annuitants age 95 . "}
{"input": "What Information Is Needed For An Auto Insurance Quote? ", "output": "The information we require to provide your auto insurance quote is your age , zip code , type of car you drive , how many tickets and accidents you have , and the coverage you need . There may be other questions that need to be asked that will help determine the discounts you qualify for . When shopping different companies for you , as a recognized top-rated broker -LRB- and our website -RRB- , our goal is to research and compare all available offers from the most reputable companies , and simplify the process of applying for coverage . Both preferred drivers and persons that may need an SR-22 filing can view prices quickly , purchase the most affordable policies and have confidence that they are getting the best rates . As a leading US broker , that 's our job , and we 've been doing it for 33 years ! Yes , that is a long time ! "}
{"input": "Does Medicare Pick Up Co Pays? ", "output": "Sadly no . Medicare does cover a lot of the medical and hospital expenses incurred by a hospital stay . But it does not cover the co-pays required by Medicare . Medicare will cover 80 % leaving the insured to cover the other 20 % along with a payment due as a copayment . These payments must be made by the insured or by an insurance policy . "}
{"input": "How Much Will Whole Life Insurance Cost? ", "output": "As with every other type of life insurance , the cost of Whole Life depends on one 's health and the features of the policy . It also depends on the company , with some being more competitive than others for certain ages and types of risk . Whole Life has more variables than Term and is a life long product , making it more important to use an agency that is reputable and experienced in selling Whole Life . "}
{"input": "How Much Will Whole Life Insurance Cost? ", "output": "Participating whole life insurance is a mortality product used to protect families , business partners or charities from suffering financial loss due to the death of the policy issued . Its price is based on medical information , behavioral activities and financial suitability . Medical information includes gender , age , smoking status , health history , current medical condition . Behavioral activities include motor vehicle violations , dangerous recreation and hazardous vocation . Financial suitability is also a critical component in the amount of coverage you can secure . As an example : MetLife $ 25,850 annual premium for $ 1,000,000 of death benefit coverage for a nonsmoking male age 55 preferred best . "}
{"input": "Why Would I Be Turned Down For Life Insurance? ", "output": "Unfortunately , some people are turned down for life insurance for very simple reasons because they did not sign up for the appropriate policy to start with . To avoid being turned down , be sure to read the guidelines very carefully . It is far better to converse with an agent to be sure you did not overlook something . E.g. . Some policies require that you have a drivers license ; some do n't . Some require that you are a US citizen ; some do n't . Some allow a certain policy to cover people with diabetes ; some do n't . Those type of declines are easy to avoid by just talking to tan agent . Other declines are more complicated . You may have a history of depression that sounds OK , but then get declined because your doctor wrote something in your medical records of which you were unaware . With any kind of health history or risk factors such as past alcohol treatment , use an impaired risk specialist to lower your chance of being turned down . There are policies out there for nearly everyone if you know where to look . "}
{"input": "Why Would I Be Turned Down For Life Insurance? ", "output": "There can be several factors that lead to a underwriting declination . Health history and current medical condition are significant items in the crediting or debiting of the underwriting balance sheet . Personal behaviors like motor vehicle violations , drug addictions , dangerous recreational activities , even hazardous occupations can be the basis of an underwriting declination . "}
{"input": "Why Would I Be Turned Down For Life Insurance? ", "output": "An applicant for life insurance would be turned down or declined for any number of uninsurable conditions such as recent bypass surgery , heart attack , stroke , current cancer treatment , etc. . Some conditions where all treatment has been completed and enough time has past may mean that the applicant becomes insurable again , though at higher than normal rates -LRB- sub-standard rating -RRB- . "}
{"input": "Why Would I Be Turned Down For Life Insurance? ", "output": "There are a number of reasons to be turned down for life insurance . I have elaborated on them in my article here , along with ways to avoid or correct each problem : WEBSITELINK In summary , they are : 1 -RRB- The product does not cover your health condition or other risk factor -LRB- such as suspended drivers license , recent bankruptcy , dangerous hobby -RRB- 2 -RRB- Your application is incomplete and no one points it out to you 3 -RRB- Something is in your medical records that you are unaware of , that causes you to be declined 4 -RRB- The underwriter asks for more medical records and no one provides them 5 -RRB- You have done everything right but your health does not meet the qualifications Being turned down is a frustrating , heart wrenching experience . You can lessen your chances of being turned down by using an agent or agency that understands your health and risk factors and puts you with the correct product to start with , then follows the underwriting process closely to make sure it is completed properly . Sometimes , though , in trying to get the best price , declines do happen . It is not the end of the world . There is usually something else out there for you . Find yourself an agent who vows to stay the course with you until you get what you need . "}
{"input": "Do I Need Medicare Supplement Insurance? ", "output": "Jeff Foxworthy might say , `` You might need a Medicare supplement insurance policy if ... You get shot for looking at another man 's birddog and you ca n't afford to go to the hospital . After Medicare pays their portion you offer to settle your bill by arm wrestling in a winner take all match . Medicare only pays 80 % of your hospital bill and the only way you can pay the other 20 % is to sell your pick up truck with the big tires and gun rack in the back window . #GeorgiaMedigapPlanRates #GeorgiaMedicarePlans #GaMedigapQuotes "}
{"input": "Do I Need Medicare Supplement Insurance? ", "output": "That is a decision that only you can make . Some people are very wealthy and take their chances on paying all the co-pays and deductibles themselves . You can take a Plan F supplement that covers everything at one extreme or take nothing and be responsible for all the bills yourself at the other . A smarter muddle ground if you were considering going without would be to take either a hi-deductible Plan F , or a plan N , or consider going on the Medicare Advantage program . "}
{"input": "Who Is The Best Long Term Care Insurance Company? ", "output": "There are many great long-term care insurers , although the list is shrinking since specific carriers have exited the market . As of last year , some of the most respected insurers were AIG , Bankers , State Farm , New York Life , Berkshire and Northwestern . By contacting an experience broker who specialized in long-term care products , you 'll be able to easily understand the best options . "}
{"input": "What Makes A Good Retirement Plan? ", "output": "A good retirement plan should first start with a commitment to a disciplined deposit schedule , i.e pay your self first . Then you need to develop a a financial profile that includes a risk assessment analysis based on your financial goals and the time to achieve them . If you 're in a high tax bracket , you my want to consider a qualified defined contribution plan like an IRA or SEP IRA if your employer does n't offer a retirement plan . Make sure that the savings and investment products are suitable for your financial profile and risk tolerance . "}
{"input": "What Makes A Good Retirement Plan? ", "output": "A good retirement plan is a financial plan with retirement as a focal point . There are a number of moving parts and it is much more than just the amount to save . The first step is deciding what does a successful retirement look like to you and then taking the steps necessary to accomplish your objectives . Money is not the only thing , but the sooner you start the sooner you let the power of compound interest work for you . If retirement is on the horizon the retirement planning checklist will be helpful . WEBSITELINK If you have any questions please do not hesitate to contact me . "}
{"input": "Which Annuity Should I Buy? ", "output": "To determine whether an annuity is best for you , you need to establish a personal financial profile that includes a risk tolerance assessment and your life expectancy . Annuities have three basic crediting methodologies : fixed interest rate crediting , indice crediting and separate sub account crediting or debiting . The second item to determine is your effective tax rate . Once you have established these two parameters , financial profile and tax bracket you can review the top ranked annuities that are suitable for you . "}
{"input": "What Happens If You Can't Get Homeowners Insurance? ", "output": "Many states have a FAIR plan , which is a fund administered by the state to be a Property Insurance company of last resort . Their rates may be significantly higher but they can normally place coverage for you . Also , if you talk to an insurance agent that writes for multiple companies , there are many high-risk insurance companies that will take people with multiple claims or very bad credit , etc. . I have found very few people who ca n't get Home Insurance at some cost , but often the costs become so prohibitive that they have to either go without , or sell their home . "}
{"input": "What Happens If You Can't Get Homeowners Insurance? ", "output": "In Property Insurance in particular there is something called the Excess and Surplus Lines Market . When the normal market is not available such as because insured is overseas or too many prior claims etc. . There is an opportunity to shop through most independent agents for an Excess and Surplus Lines policy . Be aware of a couple things : The policy language may be specifically drafted and limit the coverage you are seeking . Forms and rates are based on the insurers judgement and are not filed with the various insurance departments . You will find that the need for coverage is readily filled , but the price may be a great deal more than you are expecting > Also there are often minimum earned premium requirements meaning that if you buy such a policy , you may then find a better deal and think about switching . The minimum earned premium requirement may give you reason to ride out the term . "}
{"input": "How Much For Long Term Disability Insurance? ", "output": "The cost of long term disability insurance is different for everyone . it 's entirely dependent on the company you choose , your occupation , your age , sex , monthly benefit , elimination period etc. . When you speak with your agent -LRB- find one in your area or online -RRB- , have them provide you with multiple quotes from a few different carriers to see your options . If it 's too pricey , tell them what you 'd be willing to pay and they can try to adjust your benefit accordingly . "}
{"input": "How Much For Long Term Disability Insurance? ", "output": "Unfortunately , there is not an easy answer to the cost of long term disability insurance . There are several factors that must be considered to give an accurate quote . Firstisyour personal information such as age , build , life style , health status and state of residence . Next is your financial information such as income earned and net worth . Last is your occupational information such as your job , job duties , length of employment and education . There are a lot of moving parts when it comes to disability insurance . I recommend using an experienced independent broker you trust to help shop the market and navigate the maze . "}
{"input": "How Much For Long Term Disability Insurance? ", "output": "The price of Long Term Disability Insurance depends on your age , your health , your occupation , your salary , and the features of your policy . The rule of thumb is that Long Term Disability Insurance will cost between 1 % to 3 % of your salary . But it could be higher if your health or occupation put you at high risk , or if you have many premium features on your policy . "}
{"input": "How Much Does Health Insurance Cost? ", "output": "The cost of health insurance can be very affordable or incredibly expensive , depending upon may factors . If you are healthy , young , single , do n't smoke , and live in Ohio , you rate will be very cheap . If you are diabetic , a smoker , obese and live in New Jersey , your health insurance costs more than your home . Your best option is to talk to an experienced broker so you can get a free comparison of the most affordable medical plans in your area . "}
{"input": "Does Homeowners Insurance Cover Water Damage From Plumbing? ", "output": "If you have an Ho-2 -LRB- or higher -RRB- policy it will cover water damage from a pipe burst in the home . Oddly enough , it will not cover the damage to the pipe itself . For coverage to apply it must be a sudden , unforeseen occurrence . Of course all property losses are subject to your policy deductible . "}
{"input": "Does Homeowners Insurance Cover Water Damage From Plumbing? ", "output": "The standard homeowners policy does not cover damage caused by water entering the home from outside . It does cover damage from water that comes from a burst pipe inside the home . The trickiest issue is sewer back-up which is water that should be leaving the home but doesnt . That isnt covered unless a special coverage is purchased . This is often overlooked by agents . When you have a soaked carpet and warping floor boards is not the time to discover that you dont have water back-up coverage . "}
{"input": "When Do Term Life Insurance Policies Expire? ", "output": "Term life policies expire at different points in time , depending on what the policy states in it 's declaration pages . Older policies may expire at age 70,75 or 80 . The older policies ending that early reflected the life expectancy of the time when they were issued . Newer policies expire around age 90 to 95 these days in most cases . Still a great question to ask if you are purchasing term insurance . "}
{"input": "When Do Term Life Insurance Policies Expire? ", "output": "That is a great question ! Your term policy will state very clearly in the paperwork the end date of your policy . Most term policies fall in the typical 5 to 20 year policy category , but some , like AARP or AAA policies end the day you turn 80 . Most people find it really , really tough to get insured at that point , so please be careful . Thanks for asking ! "}
{"input": "When Do Term Life Insurance Policies Expire? ", "output": "When you purchase Term Life Insurance , you select a period of time , or `` term '' , during which your premiums will remain the same , or `` level '' . Most people choose term periods of 10 , 15 , 20 , or 30 years . If the policy is guaranteed level , there is no chance that your premiums will go up , or your face amount will do down , during this period of time . When that term ends , your policy may simply end , or most likely , the premiums will jump way up . That is because the guaranteed level term has ended . From then on , the premiums can go up each year until you hit a certain age , usually 80-90 . At that time , the policy officially expires . But because the premiums go so high after the level term period ends , most people drop their term policies long before it officially expires . "}
{"input": "When Do Term Life Insurance Policies Expire? ", "output": "Term life insurance policies technically do n't expire until age 90 or 95 -LRB- with most carriers -RRB- . However , most people only keep a term life insurance policy until the term premium guarantee period expires -LRB- e.g. if you have a 20 year term policy , you 're likely only going to carry it until the end of that 20 year period -RRB- . When the term premium guarantee period expires , the policy structure will do one of two things : 1 -RRB- the premiums will increase each year -LRB- based on age -RRB- by substantial margins , or 2 -RRB- the premiums will remain the same and the death benefit will decrease each year . Many people often review their term insurance policies well before the term period expires because they may want to replace the policy with a new one to create a new term period to secure low rates while they 're young and healthy or change the amount of coverage they need to reduce their premiums . I hope the information is helpful - please feel free to contact me for assistance with your term insurance coverage , including quotes and policy analysis and comparisons , and if you have any other questions . Thanks very much . "}
{"input": "When Do Term Life Insurance Policies Expire? ", "output": "The expiration date of a term policy is written on the front of the policy . The premium is guaranteed for a set period of time and many people think that is when the policy will expire . The premium increase at the end of the term is many times the current premium . Continuing the policy is not going to be the chosen option very often . After the premium guarantee period the policy normally will renew every year at an increased premium . "}
{"input": "When Do Term Life Insurance Policies Expire? ", "output": "When you first purchased your term life insurance policy , one of the options you designated was the term length -LRB- 10 , 15 , 20 , 25 , or 30 years -RRB- in which the premium would remain locked in place for and could not increase . At the end of the designated term length premium guarantee period , the policy will do one of two things : 1 -RRB- the premiums will begin to increase each year by a substantial margin -LRB- based on age -RRB- 2 -RRB- the premiums will remain the same , but the death benefit will rapidly decrease -LRB- this method is only used on some term policies that are issued on a universal life chassis -RRB- What you will commonly see is the first method . For example , if you purchased a 20 year term policy and outlive the 20 year period , the premiums will start increasing in year 21 . Since the premiums will keep going up and up , most people replace the term policy with a new life insurance policy -LRB- term or permanent - depending on need and age -RRB- to create a new premium guarantee period . Note - the new policy will feature a higher rate structure -LRB- for the same coverage structure -RRB- as your older and due to any changes in health history - to accommodate this , you can adjust the face amount or length of coverage to reduce the premium of the policy . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much . "}
{"input": "How Are Annuities Taxed At Death? ", "output": "Tax deferred gain in annuities are ultimately taxed at ordinary income rates . You just ca n't defer forever . And in some cases , in the estate is large , it is conceivable that annuities may be subject to estate tax at the federal or state level . Planning ahead can mitigate some of the impact . "}
{"input": "Can I Get Life Insurance If I Am Pregnant? ", "output": "My experience has been that it is possible to get life insurance during the first trimester , but that insurance agencies are reluctant to take an application for a woman in her second and third trimesters of pregnancy , in case of complications . But I am sure there are some companies that will cover women who are up to 6 months pregnant with a medically underwritten policy , especially if they have had previous event free pregnancies and have no pre-existing conditions . For those who are in the third trimester of pregnancy , there are No Exam policies you can get . "}
{"input": "Can I Get Life Insurance If I Am Pregnant? ", "output": "There are some life insurance companies that will issue a medically underwritten policy to a woman who is pregnant , normally in the first or second trimester . This is true even if gestational diabetes is present , as long as the health of the mother is well controlled during pregnancy . After that you may need to apply for a simplified issue policy that does not need an exam , or wait until after delivery . "}
{"input": "Is Long Term Health Care Insurance Worth It? ", "output": "Long term care insurance protects extended care risk of assisted living and nursing home care . The average married couple spends $ 250,000 during retirement on medical expenses and extended care . The odds are that you 'll live longer than the preceding generation . If that 's true you need extended care even longer . "}
{"input": "Does Home Insurance Cover Water Leaks? ", "output": "Coverage for water damage is restricted by exclusions from the homeowners policy . if the leak is from outside water -LRB- roof , windows , -RRB- it isnt covered . If it is from a back-up of a sewer or drain , it is not covered -LRB- unless you have bought that additional coverage . -RRB- If it is from water that is coming into the house from the ground through the foundation , it is not covered . The normal scenario is that a water line bursts and floods a room or more . what you do once the leak is detected is critical in limiting damage -LRB- which is your responsibility . -RRB- Know where the water shut off valve is located in your house . Call your agent , company or a remediation contractor . Get the flow stopped . Get the water removed ; Get your property properly dried . the damage might be much less than you expect . the damage is covered after the deductible is satisfied . "}
{"input": "Will Homeowners Insurance Cover Heating? ", "output": "Homeowners Insurance will cover any home fixtures against perils covered by the policy ; i.e. Fire , Vandalism , Wind etc. . . If your quetsion refers to the maintenance or repair of your heating system , your question should be referred to your Home Warranty coverage and not your homeowners insurance . In very few cases , homeowners insurance policies may offer a warranty endorsement which can be purchased and added on to your homeowners insurance policy . You must consult your present insurance carrier and inquire as to whether a home warranty endorsement is available and the premium charged . "}
{"input": "How Popular Are Annuities? ", "output": "Non-qualified tax deferred annuities are very popular with long term savers or investors that have high tax brackets . Traditional back CD holders like annuities because the interest rates are generally higher than the bank and they dont have to pay taxes until they use the money . Single premium immediate annuities with a life only option are very popular with seniors who desire lifetime income they cant outlive . "}
{"input": "What Is Car Insurance Legal Assistance? ", "output": "First , I am not exactly sure what you mean by legal assistance , so I am going to answer the question I think you are asking . When you get car insurance you get coverage for injuring third parties , which is typically called bodily/physical injury coverage . Many times , this coverage includes defense costs in the event you get sued for injuring a third party . The limits of your legal defense costs can go one of two ways : either the defense limits are included within your limits or there is a separate limit for defense costs . There are advantages and disadvantages to either method . If the legal defense costs are included in your limits you will have defense costs until the insurance company pays out the limits of your insurance . If you have a separate limit then your legal defense ends when the attorneys fees use up that allocated amount . Either way you do n't have unlimited defense , but if it is a serious bodily injury you will lose the `` free '' attorney much quicker . I hope this helps ! "}
{"input": "How To Find The Right Health Insurance Plan? ", "output": "Consult with an independent insurance agent/broker . There are tools on the healthcare.gov website you can use , but trying to figure out which health plan is right for you can be difficult and time consuming . Under the new Afforable Care Act , you can not be declined for an individual health plan for any pre-existing condition or other health-related reason . However , there are many different plans in the marketplace and an insurance agent/broker will have the knowledge to help you find a health insurance plan that is suitable for your needs and your budget . The four main levels are bronze , silver , gold , and platinum -LRB- catastrophic plans are only available to individuals under age 30 -RRB- and not all carriers offer a plan for every level . Bronze plans will generally feature the lowest premiums , but also the least comprehensive coverage . Platinum plans will generally feature the highest premiums , but also the most comprehensive coverage . "}
{"input": "Does Medicare Cover Motorized Scooters? ", "output": "Medicare Part B does offer coverage for motorized mobility devices -LRB- scooters -RRB- in certain situations . You must be evaluated by a doctor and your doctor must certify that you need a mobility device . The scooter must be used for movement primarily around your home and you must have a CMN -LRB- certificate of medical need -RRB- . "}
{"input": "Where Can I Buy Annuities? ", "output": "You can buy annuities from Life insurance agents who sell them . If the annuity you are seeking to purchase is a variable annuity , you will need to do business with an agent who has securities licenses that allow him/her to sell them . Non-variable -LRB- fixed or indexed -RRB- annuities do not require a securities license to sell them , just a Life insurance license . "}
{"input": "Who Needs Part B Medicare? ", "output": "Almost everyone needs Medicare Part B. Most people think of Part B as just for doctor visits , but the coverage is much broader in scope . Virtually ALL outpatient treatment falls under Part B. Doctor visits , MRI , CT , dialysis , outpatient surgery , ER treatment , infusion therapy . The list goes on and can get quite expensive . "}
{"input": "Does Homeowners Insurance Cover Termites? ", "output": "A homeowners policy makes you whole if you suffer damage from any of the stated perils of the policy . Most homeowners policies specifically exclude damage as a result of an infestation of insects . However , if the damage is hidden and results in a collapse of part of the building , the damage is likely to be covered . Routine damage by termites isnt normally covered . "}
{"input": "Does Auto Insurance Cover Your Rental? ", "output": "Your car insurance will cover a rental car if you carry full coverage on your policy . If you have an accident in a rental car you will still be subject to your comprehensive and collision deductibles . Some companies will not cover commercial trucks -LRB- example : Uhaul truck -RRB- or vans so check with your agent just to be sure . "}
{"input": "Is Guardian Whole Life Insurance A Good Investment? ", "output": "GLIC Guardian Life Insurance Company is one of the oldest and highest rated insurers in the country . I happen to be appointed with them as a Broker so I 'm very familiar with their Whole Life products . As noted above Guardian is a mutual company as such they pay dividends to the policy holders . They also offer increasing insurance benefits called `` paid up additions '' -LRB- PUA -RRB- , at no increase of premium and no additional proof of insurability . Insurance is not allowed to be marketed as an `` investment '' , but when you pay into something whether it be in money or your time you are ` investing ' in it . Do you get more out of it than you put into it ? If you look at it in terms of benefit payout verses what you pay into it , -LRB- even though you do n't receive the benefit - your beneficiary does -RRB- , generally the return is at least 100 % more than your invested amount . And it may be many times more . As far as benefit to you , other than the peace of mind that you have made provision for your loved ones in the case of your demise , monetarily whole life policies with mutual companies produce a robust Cash Value growth that you have access to without incurring taxable events and at very low interest rates . And the cash value grows at a minimum Guaranteed rate ! In my comparing Guardian policies with other insurers ' policies , The Guardian out-performs most in both the PUA and Cash value . So is a Guardian whole life policy a `` good investment '' ? I would say yes , one of the best . "}
{"input": "Is Guardian Whole Life Insurance A Good Investment? ", "output": "Guardian is a fine , highly rated mutual life insurance company . But the whole life they , and others like them , sell are not investments . First and foremost , the objective is to provide a death benefit at a competitive , level premium . The cash value is a secondary feature which permits a level premium for life . The internal rate of return on the cash value can be projected based on current assumptions and should compare favorably to other long term savings products . "}
{"input": "Is Guardian Whole Life Insurance A Good Investment? ", "output": "The choice to purchase a whole life insurance policy from a strong company like guardian is a good one as it is part of a strong financial plan . While life insurance is `` life insurance '' it is also a safe consistent place to build cash values over time . While a cash value life insurance policy will never beat that mythical 12 % forever return mutual fund you read so much about , yet can never seem to find in reality , it wo n't keep you up at night worrying if it will be there tomorrow . Usually when people speak aobut investment and comparing one choice vs. another , they tend to grow thick between the ears about RISK . Does a cash value life insurance policy share the same risk/reward aspects of a pacific rim energy fund ? Not even close . Which will keep you up at night ? Not even close . Cash value life insurance can be part of a solid financial plan . Not the only thing , but a safey net that allows the investor to assume risk in other areas and potentially acheive greater gains . It was n't that long ago that most investments lost ten years value in a few months . Mine did . Except for my cash value life insurance as once earned , it ca n't go backwards . Sometimes it 's what you get to keep rather than how fast or slow it comes to you . "}
{"input": "Is Guardian Whole Life Insurance A Good Investment? ", "output": "Assuming youre addressing Guardians participating whole life insurance , the answer is , it is not an investment . It could be characterized as a supplemental retirement savings plan , if the policy is designed with the minimum base amount with the maximum -LRB- TAMRA compliant -RRB- term rider and paid up additions rider -LRB- if available . -RRB- Keep in mind that some of their products may use direct recognition policy loans which could impede the distributions when compared to similar participating whole life policies . "}
{"input": "How Much Will My Retirement Plan Be Worth? ", "output": "It is impossible to calculate the future value of any retirement account without the variables that are required and even then it would only be an estimate . Here are just some of those variables : age , annual contribution , years of annual contribution , assumed rate of return , qualified plan or non-qualified plan . One thing is for sure , the procrastination of not contributing to your retirement plan will cost you dearly . "}
{"input": "How Much Can You Make Selling Car Insurance? ", "output": "There is no limit on what you can make selling car insurance as long as you are willing to start with several years of low pay and work long hours . After 3-5 years you will probably start to breath and then 10 years in , if you are a good agent who offers value , quality service and able to retain your clients you should have a nice income to live on . "}
{"input": "What Is Social Security Disability Insurance? ", "output": "Social Security Disability Insurance is a payroll tax social program . It falls under the pervue of Social Security Administration . It provides income to people who cant work because of a disability . Social Security Disability can be temporary or permanent benefit . Social Security Disability does not depend on the income of the disabled individual receiving it . "}
{"input": "When Can I Get A Medigap Plan? ", "output": "You can apply for a Medigap plan up to 3 months before your Medicare Part B effective date - you must have both Medicare Part A & Medicare Part B to buy a Medigap plan . Once you have an established Medicare Part B effective date , you will have a 6-month open enrollment period to buy any Medigap plan from any carrier with NO medical underwriting . After this point , you can buy a new Medigap plan whenever you would like -LRB- there are no annual enrollment periods for Medigap plans -RRB- , however , you would have to go through medical underwriting if you do n't qualify for a special enrollment period or a guaranteed-issue right . The best overall time to buy will be your initial open enrollment period when you 're new to Medicare and just starting Part B coverage . Determining which Medigap plan is right from you and which carrier to apply for the plan through can be a bit more involved than some may realize . It 's not all about price as some may believe . You need to look at the carriers ' premium rating methods -LRB- community , attained , or issue age rated -RRB- , their rates , their rate increase history , their service history , and other factors . It 's best to consult with an experienced Medigap broker who can help you determine which plan and carrier will be most suitable to your desires , needs , and budget . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage needs , including providing quotes and plan comparisons , and if you have any other questions . Thanks very much . "}
{"input": "What's Disability Insurance? ", "output": "Disability insurance pays a portion of your income -LRB- typically 60-65 % -RRB- in the event that you become injured or sick and can no longer work . The average American has only 6 months of cash reserves on hand , so disability insurance allows you to pay your bills , mortgage , etc. while you ca n't receive a paycheck . Depending on your policy , the benefit could pay up until age 67 , and depending on your occupation definition on the policy , you could even receive a benefit while returning to work at a different job . "}
{"input": "Would My Insurance Company Work With Another Party In An Accident Without Even Contacting Me? ", "output": "When your insurance company is notified of a claim they start processing the claim immediately in order to limit the damage . The cost of a claim is often closely tied to the time required to adjust the claim . The adjuster will contact you very soon to get your side of the story . There are some standard rules that they use to determine who the responsible party is and if they can not agree on this matter with the insurance company of the other party then they will take the case to arbitration to determine fault . During this entire procedure they can and will operate without consulting you . The only type of insurance where the company is required to get the insureds permission for anything is medical malpractice and that is certainly not the case here . The company will always be trying to get the claim closed as quickly as possible . "}
{"input": "Would My Insurance Company Work With Another Party In An Accident Without Even Contacting Me? ", "output": "That is a good question ! I would certainly expect that your company would have reached out to you , especially if you have a good relationship with your agent . I would also expect that it would be a stock answer for someone calling in to your insurance company -LRB- I 'm assuming that you told them who you use -RRB- to tell them to get an estimate , so they would know how to proceed . I would also expect that your company would have asked them who their insurer was/is . Without a police report , collecting anything may be like pulling teeth , as there is no solid legal proof that the damage was caused by your accident . That said , I would n't expect this to just go away , either . I 'd call your agent , and tell them what happened . ask if a claim had been filed against you , and eplain why you did n't report it . If your damage was negligable , or would cost less than your deductible , they will understand why you did not report it . You want some sort of support if the people who are seeking damages start getting persistant about it , and your agent can be infinitely helpful if that becomes the case . I hope it works out well for you , thank you for asking ! "}
{"input": "Would My Insurance Company Work With Another Party In An Accident Without Even Contacting Me? ", "output": "Great question ! Your insurance company should reach out to you within a day or two if a claim has been filed regarding your policy . They would need statements from you and pictures of any damage done to your vehicle , so it would be strange if they did not contact you . "}
{"input": "Would My Insurance Company Work With Another Party In An Accident Without Even Contacting Me? ", "output": "Insurance companies will generally contact the other party to a claim before proceeding with a claim . The will in most instances take a statement from both parties before proceeding . Without speaking to the claims adjuster , it is difficult to know why the claims adjuster choose to proceed with claim without getting all the facts . This is not the norm . Generally speaking insurance companies will not pay a claim until they speak with both parties "}
{"input": "Does Whole Life Insurance Pay Interest? ", "output": "Kinda , sort of , yeah . The dividends count as interest growth in layman 's terms . It 's usually about 5 % on average for the life of the policy with an A rated company . In the industry there is a guaranteed rate of 4 % that agents flip out during meetings and webinars . Ask the agent to show you the IRR report . "}
{"input": "Does Whole Life Insurance Pay Interest? ", "output": "A participating whole life insurance policy pays annual dividends . The dividends represent the favorable performance of the insurance company and are the result of excess earnings investments , favorable mortality rates and savings on expenses . Dividends can be paid in cash , used to offset your premiums , or used to purchase additional paid up insurance which will increase your policy 's face value . The premium you pay to the insurance company is generally divided in three different ways . First , there is the actual `` cost of insurance '' . The cost of insurance is a specific charge associated with the death benefit that takes into consideration your age and `` rating '' when the policy was originally issued . Another portion of your premium covers operating costs and company profits . The final portion is put into the cash value of your policy . Another type of life insurance that will last your entire life is called Indexed Universal Life -LRB- IUL -RRB- . An IUL is permanent life insurance that offers a death benefit and your premiums may earn interest and grow the cash value of the policy . What makes an IUL different from whole life is the way interest is credited to the policy 's cash value . IUL 's offer the ability to earn interest that is linked to the movement of a selected stock index over a specific period of time . With an IUL , your money is not participating directly in the stock market . If the referenced market index drops in value , you simply do not have interest credited for that year . "}
{"input": "Does Whole Life Insurance Pay Interest? ", "output": "Whole Life Insurance pays dividends not interest . The dividends are referred to as accumulated cash value . There are interest sensitive or current assumption life policies that pay interest on the cash value instead of dividends . These types of policies combine Whole life and Universal life . There are advantages and disadvantages of the two types of insurance . It all depends on the purpose of the insurance ; whether it is used for a death benefit or being used as a savings vehicle . "}
{"input": "Can You Get Renters Insurance Without A Lease? ", "output": "Yes , renters insurance does not require a lease for securing coverage . You must be renting the premise that you are looking to receive coverage for . Contact a local agent to discuss coverage availability and pricing within your geographic location . A licensed agent will be able to provide you with all of the coverage choices available to you . "}
{"input": "Will Life Insurance Pay If Drug Overdose? ", "output": "Life insurance pays for death by any reason except suicide in the first two years and some obscure other causes -LRB- e.g. death caused while committing a crime or perhaps an exclusion for death caused while flying as a pilot -RRB- . So if the drug overdose was suicide and it occurred during the first two years of the policy , the life insurance policy will not pay . For all other situations . the life insurance policy should pay as long the application was filled out honestly . "}
{"input": "Why Are Indexed Annuities Bad? ", "output": "In Canada , variable annuities are often called segregated funds or seg funds . They are similar to mutual funds , but since they are issued by insurance companies that have death and maturity guarantees of 100 % or 75 % . Indexed annuities are not `` bad '' , like any investment they are appropriate for some and not others . If the guarantees and other features are important to you and fit with your investment objectives they are `` good '' and should be considered . If not they may not be right for you . If you have further questions . or believe that I could be of assistance , please do not hesitate to contact me . "}
{"input": "Why Are Indexed Annuities Bad? ", "output": "Indexed Annuities are not bad if set up properly . They are a very safe way to generate savings at market like rates without the downside risk . While you will have greater potential with security type investments such as stocks and mutual funds , you also have greater potential for loss . When selecting any annuity be aware of surrender charges and make sure you do not tie up all your liquid funds into any long term investment . "}
{"input": "How Soon Can I Use My Health Insurance? ", "output": "The two factors that will determine it are the effective date of the policy and when the initial premium payment is received by the carrier to place the coverage in force . Once these two pieces are completed , the policy will be providing coverage . Feel free to send me a private message if you have any questions pertaining to your own personal program . "}
{"input": "Does Whole Life Insurance Pay For Itself? ", "output": "Yes , whole life insurance can pay for itself at a point if set up properly . There are 3 ways to set premiums for a whole life plan . They are minimum premium to keep it in force , target premium to have full use out of the cash value and maximum premium which keeps the policy from becoming a modified endowment contracts . So if your whole life is set at target premium , at some point you will have enough cash value to have `` paid up '' life insurance for your life span . Whole life policies can be tricky , I recommend using a trusted life insurance broker to avoid common mistakes . "}
{"input": "Does Whole Life Insurance Pay For Itself? ", "output": "A whole life insurance policy pays a death benefit that will almost always exceed the amount of the premiums paid . A whole life policy may develop more cash value than the premiums paid after several years . However , a whole life policy is not an investment contract which might double or triple in value and recover the investment . "}
{"input": "What Is Terminal Bonus In Life Insurance? ", "output": "A terminal bonus -LRB- or capital bonus , or final bonus -RRB- can be paid upon maturity of a mutual policy . This is a feature of some `` with-profit '' Whole Life policies in Europe and Canada and other countries in the Commonwealth of Nations . It is comparable to a final dividend in the US . "}
{"input": "What Is Terminal Bonus In Life Insurance? ", "output": "Assuming the phrase terminal bonus means terminal dividend , here is a basic explanation . Participating whole life insurance generally declares an annual dividend . But when a participating whole life policy is surrendered , reserves are freed up and the surrender cash value are enhanced . "}
{"input": "What Is Terminal Bonus In Life Insurance? ", "output": "Though no longer common in US participating whole life insurance , a terminal dividend is an additional policy dividend paid to the policy-holder at policy maturity in addition to annual policy dividends . Mutual insurers -LRB- those owned by policy-holders -RRB- used to have such terminal `` bonus '' dividends on some whole life policies under certain conditions . "}
{"input": "Why Do Rich People Buy Life Insurance? ", "output": "Rich people may buy life insurance for many reasons . Here are some : 1 . Business succession . E.g. . A son getting a life insurance policy on his father could enable him to buy the business when his father passes . 2 . Taxes . Life insurance can be purchased to pay taxes and/or to avoid having to pay some taxes . 3 . Charity . Leaving life insurance to a charity maximizes the donation and allows the donor to not have to pay it in a lump sum . 4 . Tax deferred retirement income . Indexed Universal Life is a great tool for this . 5 . Almost unlimited contributions . Life insurance and annuities do not have the caps that some investments have . "}
{"input": "Why Do Rich People Buy Life Insurance? ", "output": "Why do rich people buy life insurance ? Mainly they see the value the life insurance has for them . It IS the only financial tool that creates dollars for pennies , there is n't another thing that does that . They also see the safety in the cash values from market swings , lawsuits and so far , the taxman . "}
{"input": "What Type Of Insurance Is Globe Life? ", "output": "Globe Life Insurance -LRB- if we are thinking of the same company that airs late-night commercials -RRB- is a final expense insurance company . Final expense insurance policies are whole life insurance policies that are specifically designed to cover the cost of final expenses such as funeral arrangements , burial plots and coffins . These are smaller policies , usually $ 25,000 or less and target seniors ages 50-80 . "}
{"input": "How To Apply For Medigap Insurance? ", "output": "There are several ways to apply for Medigap coverage . You can go through Medicare or apply direct to a carrier . That will get you a policy but you are on your own if you have questions before you buy or after the policy is in place . Most people will use an agent that specializes in Medigap plans . With technology , there is no need to invite a stranger into your home . Most of the information can be shared by phone , email and USPS . Almost 100 % of our clients are people who prefer to shop , compare and buy in the comfort of their home and on their time frame , not mine . "}
{"input": "How To Apply For Medigap Insurance? ", "output": "I suggest locating an independent agent who specializes in Medicare to locate a plan that best suits your specific needs/budget . Without a knowledgeable agent to assist you in this process it can appear quite overwhelming . Since Medigap policies do not offer any prescription drug coverage this is another area an agent who specializes in Medicare could offer some direction ... "}
{"input": "What Are The Coverage Characteristics Of Disability Insurance? ", "output": "Some other characteristics include the following : 1 . Occupational class : A category the insured falls into based on their job title and specif duties . The occ class dictates the premium . 2 . Rating : This comes when an underwriter approves an application , but with a higher than normal premium because the insured is a higher risk -LRB- typically due to their health history , smoking history , weight , etc. -RRB- . The rating can be anything from 15 to 100 % more in premium , though it can often times be reconsidered after a few years if the client loses and keeps off weight , stops smoking , etc. 3 . Cost of living rider -LRB- COLA -RRB- : This optional benefit increases the disability benefit by a certain percentage , typically determined by the latest Consumer Price Index . "}
{"input": "What Are The Coverage Characteristics Of Disability Insurance? ", "output": "Some coverage characteristics of Disability Insurance are : 1 -RRB- Length of coverage . Can be years to until retirement , for Long Term Disability Insurance . 2 -RRB- Elimination period . The time you must be disabled before benefits are collected . 3 -RRB- Percent of income replaced . 4 -RRB- Features such as whether the policy will pay if you can not perform your own occupation , if you are partially disabled , etc. 5 -RRB- Renewability , opportunities to increase coverage in the future , etc. . "}
{"input": "Will Homeowners Insurance Cover Roof Replacement? ", "output": "Homeowners Insurance does not cover normal wear and tear of any kind , so if the roof is just old this is not a covered peril . Should the roof be damaged by a covered peril then the roof would either be repaired or replaced minus your deductible . A covered peril may include wind , hail , falling objects , fire to name a few . "}
{"input": "Will Homeowners Insurance Cover Roof Replacement? ", "output": "If the roof was damaged by a covered peril under your homeowners insurance policy , there should be coverage to repair the damage , less your deductible . However , if the roof needs to be replaced due to normal wear and tear or age there is no coverage to replace . If you are interested in getting a competitive quote for your home insurance coverage , contact me at fwinterle@creativeins.net "}
{"input": "Will Homeowners Insurance Cover Roof Replacement? ", "output": "A homeowners policy covers damage to your residence from specified perils . Additionally , many insurance companies settle losses to roofs differently than losses to the structure itself . Many will repair a roof on an actual cash value basis . That means depreciated . If the roof has worn out from years of use the insurance company will probably provide little or no relief . If it is damaged by a lightning strike , the coverage will come into play . "}
{"input": "Which Retirement Plan Is Best For Self Employed? ", "output": "Most self-employed business is cost conscience , so the plan with the least amount of expenses is a good starting point in the discovery process . Whatever investments you select , there will be an associated cost and the retirement plan will only add to it . So important to select the lowest cost plans with the highest contribution limits . If youre in a high tax bracket and/or your employer matches your contribution , youll want to consider an ERISA qualified plan . If ERISA qualified plans are too restrictive , you may want to consider non-qualified plan that uses life insurance and/or annuities . "}
{"input": "Does Unemployment Cover Health Insurance? ", "output": "Although unemployment does not technically offer health insurance , there may be other valid options , including : 1 . COBRA continuation of coverage , which the unemployed person recently had on the prior employer 's group plan . 2 . HIPAA portability coverage 3 . Medicaid for those with low income , for which the unemployed person may qualify 4 . A private insurance policy , known as an Individual / Family plan 5 . A private short-term policy to cover the gap between jobs , or the new-hire waiting period imposed by the new job . 6 . A conversion policy , in some circumstances 7 . Options in various states for high risk pools or guarantee-issued coverage . It is important for you to consult with an expert insurance agent/broker in your state , because acceptance of one of these options may disqualify you for another one . It is important to know your rights to coverage , the eligibility rules for that coverage , and the timeframes and deadlines that apply . "}
{"input": "How Much Does A Pool Add To Home Insurance? ", "output": "The primary concern of adding a pool is the liability exposure . If someone not in your household is hurt using the pool , you may be held responsible and/or sued . If a judgement is brought against you , it could mean 100 's of thousands in settlements . If you live in a typical neighborhood AND your yard/pool is fenced and secured , most insurance companies will charge little or no additional dollars for the exposure of the pool . If the yard/pool is not fenced , most companies will either require a signed exclusion of coverage for injury arising out of the use of the pool or deny you coverage altogether . There are exceptions to the fencing requirement if the home is in a rural area with no close neighbors . "}
{"input": "Can I Buy A Car Without Insurance? ", "output": "Depending in the state you live in and also if your are financing the car . If you have a loan on the car the financial institution will require insurance before you even leave the car lot . If you are buying from a private party they may not require this but in most states you can not even get your license plates with out insurance . "}
{"input": "Does Medicare Part D Cover Viagra? ", "output": "Medicare Part D does not cover Viagra or other medications for ED -LRB- erectile dysfunction -RRB- . I had a client that was prescribed Cialis , but not for ED ... it was prescribed for a different medical reason . So his doctor wrote a note explaining the reason for the prescription and the client was able to get a drug exception . However , since the medication was not on the formulary , it was Tier 5 - so the client still had to pay 33 % of the cost . "}
{"input": "How Much Does Home Insurance Cost Roughly? ", "output": "Based on my experience within my geographic location , I have seen homeowners policies as low as about four hundred dollars per year . I would say that the average cost of a homeowners policy within my area is about one thousand dollars per year . Contact a local agent to find out more information about coverage availability and pricing within your area for the coverages that you are seeking . "}
{"input": "Why Is It Illegal To Drive Without Car Insurance? ", "output": "In order for each state to assure the driver has at least the minimal financial assets to assure each driver they will not be mauled by some irresponsible driver the states require each driver to have car insurance or to post a bond . None of us intends to have an accident but the possibility of having an accident , especially while driving in strange neighborhoods , is a reality . From time to time we find that we have to drive from point A to point B some distance apart that requires we are operating the vehicle for an extended period of time and as we tire the possibility of having an accident increases . The States act in our best interest by requiring minimal financial coverage for every driver "}
{"input": "How Much Does Joint Life Insurance Cost? ", "output": "Joint life insurance covers two people and pays out the death benefit upon the death of the second person . Thus , it is often called `` second-to-die '' life insurance . Joint Life insurance typically costs less than buying life insurance policies for the two individuals separately . It also is able to cover a person that is hard to impossible to insure through a separate policy , as long as the other one of the persons covered by the joint policy is in fairly good health . "}
{"input": "Is Long Term Care Insurance Necessary? ", "output": "If youre financial well to do or classified as affluent , it is reasonable that you could sell insure . But most Americans will retire between age 65 and age 70 will be living longer . So the odds are high that youll need some type assisted living or nursing home care . The average cost of medical bills and extended care is $ 250,000 over your retirement . To indemnify the potential risk some purchase standalone long term care policies , while others purchase life insurance and annuities with long term care riders . "}
{"input": "Who Founded Northwestern Mutual Life Insurance Company? ", "output": "NML began as the entrepreneurial vision of `` General '' John C. Johnston , of Catskill , New York . He moved to Wisconsin in 1854 and started the Mutual Life Insurance Company of the State of Wisconsin in 1957 . Samuel Daggett was one of a group of businessmen who acquired the Mutual Life Insurance Company of the State of Wisconsin , moved it from Janesville to Milwaukee , and built it into Northwester Mutual Life Insurance Company in 1959 . "}
{"input": "How can I prove that life insurance made a mistake by changing me as primary beneficiary to children as primary beneficiary? ", "output": "This question begs another question . Is the insured alive or deceased ? if the policy owner usually the insured is alive , they can simply fill out a change of beneficiary form to replace you as primary beneficiary and the children as contingents . If the policy owner is deceased , you will have a tough legal battle on your hands . Proving an insurer made a mistake on something as important as a beneficiary is tough , unless you have a copy of the original paperwork showing the correct change . If the children are minors and you are parent or guardian , you will control the proceeds anyway . Good luck . "}
{"input": "How can I prove that life insurance made a mistake by changing me as primary beneficiary to children as primary beneficiary? ", "output": "Consult with an attorney . It is very tough to show that a mistake was made by the insured when selecting a beneficiary . However , there are attorneys who will litigate cases like this and you should seek advice . You will probably have to prove some coercion or loss of mental capacity on the part of the insured when the change was made . "}
{"input": "How can I prove that life insurance made a mistake by changing me as primary beneficiary to children as primary beneficiary? ", "output": "The Owner of a Life Insurance policy is free to make any changes to that policy by sending a signed form into the insuring company . No one but the owner of that policy is free to do so . Generally , the named insured is also the owner , but this does not necessarily have to be the case . If the insuring company and the insured 's Insurance Professional have documentation that the change was requested by the policy owner , I think you might have a difficult time arguing the point and it might have to be taken to a court to decide if such a change was made by illegal or coercive means . "}
{"input": "How can I prove that life insurance made a mistake by changing me as primary beneficiary to children as primary beneficiary? ", "output": "I agree with the men : you will have a difficult legal battle on your hands to prove that the life insurance company made a mistake by changing the beneficiary from you to children . They can not touch the beneficiary without a signed form from the policy owner . If you feel that form was forged , you can hire an attorney to assist you in proving that . "}
{"input": "Is It Legal To Require Renters Insurance In North Dakota? ", "output": "A landlord at their discretion can require renters insurance as part of the rental agreement . If you do not wish to purchase renters insurance you have the right to look for housing from a landlord who does not have this requirement . The landlord is not breaking any laws by making renters insurance a requirement of the rental agreement . "}
{"input": "Is It A Good Idea To Have Renters Insurance? ", "output": "Renters insurance is an extremely good idea . It typically cost as little as 8/mo . It provides liability coverage in the event that someone is injured in your rental and you deemed resposible . It provides coverage for your personal property up to the limits that you have on the policy and it provides for loss of use in the event of a covered loss . Please read your policy completely to know what coverages there are and what exclusions there may be or contact your local agent to have them go over the policy with you . "}
{"input": "What License Is Needed To Sell Life Insurance? ", "output": "In Canada , life insurance licensing is regulated provincially . A Life and Accident & Sickness license is required . Applicant are required to complete a Life Insurance Qualifying Program -LRB- LLQP -RRB- , which requires 100 + hours of study . Once this course is completed and the final exam passed applicants may write the provincial license exam . Once the applicants have successfully passed the licensing exam , they may apply for a Life and Accident and sickness license . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like speak with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "How Do You Get Renters Insurance? ", "output": "Most reputable companies offer renters insurance and it 's very reasonably priced . Call your agent who handles your auto insurance and they should be able to help you . And , if they use the same company for your renters , you should get discounts off of both saving you quite a bit of money . Here are some things to consider : Renters insurance is really just a homeowners policy without the building coverage . It covers your personal property -LRB- stuff -RRB- , and your liability . Two things to get right : Use a tool to estimate what it would cost to replace your stuff . Notice I said `` replace '' . You can get insurance that would pay you the depreciated value of your stuff but , in my opinion , it 's worth a little bit more to get your stuff replaced with new . Your agent should have a tool to help you or you can use the one on Allstate 's website -LRB- no , I 'm not an Allstate agent , I just like the tool -RRB- . Pick a liability limit that will cover all your assets . I usually wo n't go below $ 300,000 and I usually recommend at least $ 500,000 . The price difference is usually below $ 10/yr . It 's well worth it . Be smart . Find an agent you can trust to do the best for you and take their advice . In the long run , you 'll be happy you did . "}
{"input": "Does Health Insurance Cover Vasectomy Reversal? ", "output": "As a general rule , no . A health insurance policy does not cover reversal of a vasectomy . Likewise for `` untying '' a female 's tubes -LRB- reversing tubal ligation -RRB- . Both are elective procedures . Only treatment deemed medically necessary is a covered expense item under a health insurance policy . This is true for individual plans as well as employer group plans . "}
{"input": "What Happens To My Life Insurance When I Die? ", "output": "In most cases , the death benefit is paid to your beneficiary and the policy is terminated . With some special forms of life insurance the results are different . If you have a joint life policy where two individuals are covered , the policy proceeds are paid and the surviving individual receives a new policy at current rates with them listed as the insured . If the policy is a last to die policy , proceeds are not paid until the surviving insured dies . "}
{"input": "What Happens To My Life Insurance When I Die? ", "output": "If your policy is in force at the time of your death , the face amount of the policy will be paid to your beneficiary . If your primary beneficiary is not alive , it will go to your contingent beneficiary . If none of your beneficiaries are alive , the money will go to your estate . After you pass away , the policy on your life is no longer in effect . "}
{"input": "What Happens To My Life Insurance When I Die? ", "output": "The beneficiary you named in the policy will be paid the death benefit . For most policies inforce for more than two years , routine death claims can take as little as a week from the time the life insurer receives a copy of the death certificate . Some insurance companies take longer . Policies less than two years old are within the contestability period and are investigated more thoroughly which takes a little longer . "}
{"input": "What Does Car Insurance Cost Per Month? ", "output": "Monthly car insurance payments vary and are determined on an individual basis . Drivers are rated on many factors , age , loss or claim history , the type of car , the city where the car will be driven , sometimes a credit report , deductibles , among many other things . Your best bet is to call an agent and get a quote . A good agent will be happy to walk you through everything so that you understand what you are paying for and why . - Teresa "}
{"input": "Where To Buy Life Insurance Online? ", "output": "You can buy life insurance online from websites that have quote engines . The ones that offer instant quotes allow you to input your age , gender , height , weight , whether you smoke , and whether you have other risk factors -LRB- dangerous hobbies , health conditions , felonies , etc -RRB- . Then the best quotes from several companies show up , and you can pick the one for which you wish to apply . The more detailed the quote engine , the more accurate your quote will be . But it still is helpful to talk to or correspond by email with someone at that online agency to be sure `` all the bases have been covered '' and you are applying with the best quote for which you qualify . "}
{"input": "Where To Buy Life Insurance Online? ", "output": "Buying life insurance online is as easy as hitting Google , Bing or Yahoo . There is no shortage of buying life insurance online . My question is why buy online ? You still may not find the best price for the product you are looking for . I highly recommend contacting an experienced independent broker you are comfortable with . The cost for service is free to you the consumer . Life insurance companies do not sell it any cheaper online than they do through a broker . This way you get expert advise for free . "}
{"input": "Can I Take Money Out Of My Life Insurance? ", "output": "Money can be taken out of life insurance policies . Guaranteed cash value , from whole life contracts , can be borrowed at a specified interest rate . Dividends from a participating whole life insurance policy can be withdrawn and sometimes borrowed . If the dividends were purchasing additional insurance , the death benefit could reduce . The previous answer to this question was 100 % accurate . Peggy is an expert in the field of life insurance . "}
{"input": "Can I Take Money Out Of My Life Insurance? ", "output": "If you have a life insurance policy that has cash value , such as Whole Life or Universal Life , you can borrow money from your policy . If you have a life insurance policy with living benefits , you can use some of the death benefit to pay for chronic illness , critical illness , or terminal illness while still alive . "}
{"input": "How Much Is Colonial Penn Life Insurance? ", "output": "Colonial Penn is directed for guranteed issue policies in which there is no medical exam and no one is declined . Rates still depend on age and medical . condition . . They will determine your insurability by asking some arranged questions to qualify you for that coverage which is mainly a final expense . "}
{"input": "How Much Is Colonial Penn Life Insurance? ", "output": "You can go to the colonialpenn.com website to get an instant quote for their guaranteed acceptance life insurance , or to call them for quotes for other products . Unless you are terminally ill or have a very serious health condition and can only qualify for guaranteed acceptance life insurance , contact an agency that sells No Exam Life Insurance or Final Expense policies . You may find that you can get more coverage for your premium dollar elsewhere . "}
{"input": "Does Home Insurance Cover Carpenter Ants? ", "output": "Damage to a structure from termites , ants and insects in general is not covered under the standard homeowner insurance policy . The underlying theory is that such damage is the result of infestation due to negligence on the part of the homeowner as the proximate cause of the occurrence . The homeowner is obligated to inspect for such damage and remedy the situation accordingly . Homeowner insurance covers structural damage that is sudden and accidental in nature . Infestation does not fit these criteria . Check with a qualified -LRB- recommended -RRB- and fully licensed pest control operation in your area . You may be able to purchase a policy or bond that would cover you for certain types of infestation after they have inspected and possibly treated your residence structure . We are talking about structural damages here . There could be coverage for damages that might occur from a roof collapse , for example , resulting from the infestation , that causes loss to other property within the dwelling . However , the infestation damage itself is not covered . "}
{"input": "Does Home Insurance Cover Carpenter Ants? ", "output": "Damage by insects and vermin are excluded on ahomeownersinsurance policy . Of course this would include your ant problem not to mention termites and rodents . Damage that may have been caused by thesenuisanceshappen over a period of time and do not fall under the sudden and accidentaldefinition Time to call the exterminator . "}
{"input": "Will Medicare Pay For A Tetanus Shot? ", "output": "Medicare will pay for a tetanus shot only if the tetanus shot is needed as the result of stepping on a rusty nail or something of the sort . That is because this type of immunization is only covered by Medicare if you have been exposed to a dangerous disease . "}
{"input": "When Did Obamacare Pass? ", "output": "March 23 , 2010 , a day that will live in infamy in the history of our country . Some people who benefited from this new law , but many others have suffered . While only time can ultimately prove whether or not this law benefited the greater good of our society , at this point , it seems to have done far more harm than good , when the overall scope of the cost and benefits provided are considered . "}
{"input": "When Did Obamacare Pass? ", "output": "In March of 2010 the Affordable Care Act was signed into law and will be implemented in January 1,2014 . There are tax penalties for individuals who do n't buy health insurance in 2014 . The penalty will be $ 95 year one and will significantly go up in the years to follow . "}
{"input": "When Did Obamacare Pass? ", "output": "On March 23 , 2010 on a straight party line vote which was supported by no Republican members of the United States Congress . So , whether you love Obamacare or hate it , there is no question as to the responsibility for this far reaching piece of legislation and the impact it is having on our health insurance and health care systems . "}
{"input": "Can Felons Receive Medicare? ", "output": "Felons can possibly receive Medicare after a waiting period of 5 to 15 years , depending on the severity of the crime that they had committed . They must also meet age requirements and have contributed to Medicare through their job for at least 40 quarters , as does anyone who applies for Medicare . "}
{"input": "Why Do I Need Medicare Advantage Plan? ", "output": "Medicare Advantage Plans are more feature rich than original Medicare . First , there is no out of pocket maximum under original Medicare . Medicare Advantage Plans have a Maximum out of pocket , usually between $ 3500 and $ 7000 , depending on the plan you choose . You also have copay 's which help you plan out your health care expenses . Original Medicare pays 80 % of the approved part B charges . Most Medicare Advantage Plans have Part D built into them , so you do not have to pay for a Prescription Drug Plan . Medicare Advantage Plan also provides extra benefits not covered by Medicare . The premium for a Medicare Advantage Plan can vary but there are still some $ 0 premium plans available that offer a great value . "}
{"input": "Why Do I Need Medicare Advantage Plan? ", "output": "Medicare Advantage plans are similar to traditional major medical plans in that they have copay 's and deductibles . But the difference stops there . Most Advantage plans have networks . Some networks are local while others are regional . Some Advantage plans only include coverage if you are treated by a network provider while others will include out of network coverage but with a higher -LRB- and usually separate -RRB- deductible , higher copay 's and higher out of pocket . Exceptions are made to the out of network penalty for true medical emergencies . Make sure you understand all details of the policy , especially your out of pocket maximum . The out of pocket limit does not include non-network benefits or Rx . It also does not include any non-covered medical treatment . In most areas less than half the doctors accept ANY Medicare Advantage plans . Even if your doctor does accept Advantage patients they may not participate in your particular plan . "}
{"input": "Why Do I Need Medicare Advantage Plan? ", "output": "I do n't think is a matter of `` need '' for a medicare advantage plan , but a matter of choice . Would a Medicare Advantage plan be a better choice compared to a supplement or going with just basic medicare ? It is wise to compare these options and how they will effect you . As Ted has noted , there are some advantages to Medicare Advantage plans that make them very attractive as a choice to a consumer . So , it might be better to consider a simple basic difference between Medicare supplements and Medicare Advantage , Medicare `` rights '' . When you purchase a Medicare Advantage you are assigning your Medicare rights to that organization and commit to service -LRB- outside of emergency -RRB- to that organization as they become your Medicare provider . A Medicare Supplement does not restrict the insured to any one location or provider . For some people , this is a very important issue and could be the deciding factor . "}
{"input": "How Do You Get Health Insurance In Delaware With Pre-Existing Conditions? ", "output": "Health insurance in Delaware can be purchased if you have pre-existing conditions . Under the new healthcare legislation , the Delaware State Health Exchange has an Open Enrollment with no medical questions asked and federal subsidies available to help pay the premium . You can compare the best rates by utilizing an experienced broker that can shop different plans for you and make appropriate recommendations . Single , family and business coverage would be available . "}
{"input": "Does Medicare Cover Shingles Vaccine? ", "output": "Shingles vaccines are covered under Medicare Part B , but it only covers the cost of administering the drug by your doctor ... not the cost of the drug.Your doctor can write a prescription for you to pick up the vaccine at a pharmacy and the pharmacy can bill your Part D plan "}
{"input": "What Is Medigap Policy F? ", "output": "Medigap Plan F is the most comprehensive plan on the market . It covers everything Medicare Part A & B does not . You will not have any deductibles , co-insurance or co-pays with Plan F. It 's a great plan but it may or may not be the plan for you . There are several plans that you should consider before deciding on Plan F . The easiest way for you to do this is to contact an independent agent that specializes in Medigap Plans -LRB- Medicare Supplement Plans -RRB- . They will be able to show you all the Plan F 's in your area but also some others you may want to consider . "}
{"input": "What Is Medigap Policy F? ", "output": "Medigap plan F is the most popular Medicare supplement plan available because it offers the most comprehensive coverage you can purchase - it covers all 9 benefits at 100 % . The 9 benefits are : 1 -RRB- Medicare Part A coinsurance plus coverage for 365 additional days after Medicare benefits are used up 2 -RRB- Medicare Part B coinsurance or copayment 3 -RRB- First 3 pints of blood 4 -RRB- Part A hospice care coinsurance or copayment 5 -RRB- Part A hospitalization deductible 6 -RRB- Part B medical deductible 7 -RRB- Part B excess charges 8 -RRB- Skilled nursing facility co-insurance 9 -RRB- Foreign travel emergency -LRB- up to plan limits -RRB- Quotes for Medigap coverage are based on your age , gender , zip code , any tobacco usage , whether you and a spouse are applying together -LRB- some carriers offer household discounts on rates for married couples applying at the same time with a company -RRB- . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage including quotes and comparisons , and if you have any other questions . Thanks very much . "}
{"input": "What Is A Deferred Annuity Policy? ", "output": "A single premium immediate annuity is the basic annuity . It provides a lifetime of monthly income in exchange for a single premium . A deferred annuity is different in that it provides that the stream of income does not start immediately , but later , and that the company will accept deposits to the annuity until it starts the monthly income payments . The advantage to this plan is that the growth realized in the deferred annuity is free of current income tax . "}
{"input": "What Is A Deferred Annuity Policy? ", "output": "A differed annuity is an annuity that has an accumulation period before it begins to annuitize or pay out the agreed income . Typically these accumulation periods are two , five , seven , or ten years , but may be extended or deferred for longer periods . During the accumulation period you may continue to pay into the annuity and it will also grow by earning interest . "}
{"input": "How Long Does A Health Insurance Claim Take? ", "output": "Turn around from visit to payment is usually around 30 days or less . For most insurance carriers , their goal is payment within five days of receipt . Receipt is the big deal as some medical offices hold claims and submit in batches through the month . I have had experience with medical offices sending late notices or threats of collection without ever mailing the claim to be processed . For a claim to be paid , it first has to be submitted . "}
{"input": "Is My Life Insurance Part Of My Estate? ", "output": "Only the cash value of your policy is part of your net worth while you are alive . When you pass , if your policy was left to your estate as beneficiary , the policy becomes part of your estate . And as long as you were owner of the policy , if the amount of the coverage passed to your beneficiaries exceeded estate tax limits , estate tax will need to be paid -LRB- unless the beneficiary was your spouse -RRB- . "}
{"input": "Is My Life Insurance Part Of My Estate? ", "output": "Is life insurance part of my estate ? Yes , no , maybe ... . If your assets are large enough your life insurance death benefit can impact your estate in a negative way by increasing your assets by the size of the death benefit . A simple way around that is to simply transfer ownership of the policies to a trust , removing them from your ownership without effecting your beneficiary . "}
{"input": "Does Homeowners Insurance Cover Tree Damage To Car? ", "output": "In virtually all cases if your tree falls either on your car or a neighbors car your homeowners insurance will not pay . You are not responsible for an Act of God and are not negligent . The person in questions auto insurance comprehensive coverage would pay for the auto damage caused by the falling tree . If however it can be proven the tree owner was negligent by not taking care of a tree , and the tree was deemed as hazardous a homeowner could be held liable . -LRB- This generally means a law suit -RRB- . This is not an easy one to prove since there would of had to of been an trail of ongoing complaints both verbal and documented in writing by another party in advance to show the homeowner was negligent in maintaining the tree . Then again if a neighbor was filing complaints over a period of time against the homeowners lack of maintaining the tree that was a potential hazard why did he or she continue to park under the tree ? So at the end of the day it is the duty of all homeowners to maintain their property which includes bushes and trees and show pride of ownership a homeowner is rarely held liable for a branch falling off a tree and hitting a vehicle . The owner of the vehicle must seek coverage under his comprehensive portion of their auto insurance . "}
{"input": "Does Homeowners Insurance Cover Tree Damage To Car? ", "output": "If the tree falls on your car , you would look to the physical damage coverages , specifically comprehensive , in your auto policy to repair the damage . If it falls on a neighbors car , your homeowners will provide a defense in cases of physical injury and property damage lawsuits . The coverage will protect you to the limits of the policy . That is why it is important to carry as much liability coverage as possible . You should consider the benefits of an umbrella policy to increase that liability limit . "}
{"input": "What Does The D Stand For In Medicare Number? ", "output": "The letter D after a Medicare number stands for Aged Widow , age 60 or over . -LRB- Their idea of `` aged '' does not agree with mine ! -RRB- If there is a 1 after the D , it stands for Aged WidowER , age 60 or over . A 2 or 3 after the D stands for Second Claimant for the Aged Widow or Widower , respectively . And a 6 after the D stands for Surviving Divorced Wife , age 60 or over . "}
{"input": "How To Transfer Renters Insurance? ", "output": "Renters Insurance can not be transferred from one tenant to another tenant ; the named insured can not transfer the insurance to another person . However , if the named insured moves to a new rental location , the location can be changed by request to the Carrier 's Customer Service department in writing or online -LRB- if available -RRB- . If the named insured is moving to another State , the policy will need to be rewritten as policy forms are approved separately by each independent State thus requiring a rewrite to the new State . We provide an online format to obtain a quote and buy renters insurance online in multiple States should you be unable to make a change to your current renters insurance policy based on your current situation . An exemplary online solution for all ! WEBSITELINK Should you need additional assistance , please contact a licensed professional to answer your specific questions ! "}
{"input": "What Type Of Auto Insurance Is Required By Law In Florida? ", "output": "In the state of Florida you must have liability coverage of at least $ 10,000 per incident and $ 20,000 maximum with $ 10,000 in personal property . These are the required minimums for the state of Florida . If you have a loan on the care you cover , your bank will also require comprehensive -LRB- collision -RRB- insurance as well . "}
{"input": "About How Much Is Homeowners Insurance? ", "output": "A homeowners policy is written individually for each unique home . While there may be averages for a block of policies that wouldnt provide you with much information . To determine the cost of a homeowners policy contact a trusted insurance agent . If you dont have an agent , get recommendations from friends , colleagues or neighbors . The agent should listen to what you have to say , offer meaningful advice and communicate accurately with you and the company . Whatever you pay for the policy it will be insignificant if you must file a claim . Setting appropriate limits is the most important thing an agent can help you with . If at the time of claim , you discover that your coverage was inadequate you will not be pleased . "}
{"input": "About How Much Is Homeowners Insurance? ", "output": "A homeowners policy is tailored for each specific home . It is difficult to tell you what to expect to pay for a homeowners policy . It depends upon where the home is , what the replacement cost would be if the home were destroyed , what firefighting facilities are nearby , and past losses . "}
{"input": "About How Much Is Homeowners Insurance? ", "output": "That is a great question ! unfortunately , without knowing where your home is located , how much you wish to insure it for , and what level of deductible you want , it is almost impossible to give you a solid number . The cost for homeowners insurance can vary widely from one zip code to the next , based on home costs in the different neighborhoods , and homeowner demographics . Your best bet is to contact an independent agent in your area that can provide you with more detailed information for you . Thank you for asking ! "}
{"input": "How Much Is Disability Insurance A Month? ", "output": "It depends on your gender , age , health and the amount you want to protect . A rule of thumb for healthy midlife earners is 5 - 8 % of your compensation based on the average no frills disability insurance policy that can pay 60 % of your pay tax free , up to 80 % of your pay if you deduct the disability premium as a business expense . "}
{"input": "What Does Medicare Home Care Cover? ", "output": "Original Medicare -LRB- Parts A & B -RRB- cover somehome health care services such as skilled nursing care , physical therapy , speech-language pathology services , to name a few . A home health care agency will usually coordinate your services as ordered by your doctor . Some home health care services are not covered by Medicare , including : 1 -RRB- 24/7 care at home 2 -RRB- Delivered meals 3 -RRB- Homemaker services -LRB- e.g. cleaning your house , doing your laundry , etc. -RRB- 4 -RRB- Personal care -LRB- e.g. helping you bathe , get dressed , etc. -RRB- You should check with Medicare what they will pay exactly for your home care services . In general , you 're paying $ 0 except for your 20 % of durable medical equipment -LRB- covered under Part B -RRB- - a Medicare supplement plan can pay this portion . "}
{"input": "How Much Does It Cost To Purchase Health Insurance? ", "output": "The answer varies greatly from state to state and individual situation . Individuals and families making less than 133 % of the federal poverty level may be eligible for Medicaid . Those making less than 400 % of poverty level -LRB- $ 45,960 for individuals and $ 94,200 for a family of four in the lower 48 states -RRB- may be eligible for tax credits to help reduce the cost . Individuals can contact an agent or visit the Healthcare Marketplace for their state to get an estimate of the monthly cost . "}
{"input": "Why Does Life Insurance Underwriting Take So Long? ", "output": "One other factor you need to be aware of is the potential back log of applications underwriters are have to process . If your application needed additional information such as those listed in the previous comments , then your application may go to the bottom of the pile and have to work it 's way up to get looked at again . Be sure your agent is the squeaky wheel as sometimes the applications are missed and just sit there . The only error here is that we are all human . Typical turnaround time to plan on is 2-4 weeks depending on the type of insurance you are applying for . "}
{"input": "Why Does Life Insurance Underwriting Take So Long? ", "output": "Life insurance underwriting takes into account many factors , including lab tests -LRB- f used -RRB- , results from paramedical or physical , financial records -LRB- if applicable -RRB- and answers to medical questions . Depending on the face amount of the policy , the process may not take as long as anticipated , depending on how quickly information is received and reviewed . An insurer must make certain all information is received and accurately gathered so the correct rate can be applied to the policy . Once approved , until the term expires -LRB- assuming it is a term policy -RRB- , your rate is guaranteed not to change and you may have specific conversion privileges . "}
{"input": "Why Does Life Insurance Underwriting Take So Long? ", "output": "In order to properly assess a risk the life insurance company needs to have a complete picture . Essentially the more information you provide upfront the less likely an underwriter is going to ask for more information and order additional reports . There are ways you can help yourself . If there is going to be a medical then present yourself in the best light by : Getting a good nights rest Not doing any heavy exercise for 24 hours before Avoid food and beverages -LRB- except water -RRB- for 2 hours before Drinking water to help you provide a urine specimen Avoiding caffeine for several hours Avoiding alcoholic beverages for at least 8 hours Do not smoke for at least 1 hour before the exam If you are taking prescription medication be sure to have the information for reference Avoid taking non-prescription for 24 hours prior If you have an insurance exam scheduled and you are under severe stress or ill , consider rescheduling if you are not able them be sure and advise examiner . If you have a condition that you believe might cause your insurance to be rated , be aware that companies deal with conditions similarly but differently - check with your independent insurance broker . The underwriter needs a complete picture them more information you can provide up front the quicker a decision can be made . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Why Does Life Insurance Underwriting Take So Long? ", "output": "Usually it is because the insurance company is waiting for information . If your company requests medical reports from the doctor , very often this is not very high on your doctors priority list . I have had to have many clients call their doctor and request that they get the information to the company as soon as possible . "}
{"input": "Why Does Life Insurance Underwriting Take So Long? ", "output": "Believe it or not technology . When I started 25 years ago , the turn around on a life policy was about 3 weeks . Now , it is not uncommon for 8 weeks to pass before a policy is issued . I say technology because the modern age has lowered insurance pricing but has increased how much an underwriter gets to review . With the information age being what it is , it still takes time to gather and review all the new information available today . Having access to more information has lowered pricing but added time . "}
{"input": "Why Does Life Insurance Underwriting Take So Long? ", "output": "If you are applying for a policy that requires an exam , there is the chance that the underwriter will want to see your medical records . As an impaired risk life insurance specialist , I have seen several cases take nearly 6 months due to the complexity , amount , and elusiveness of those applicants ' medical records . This is what I have learned , to help speed up the process . 1 -RRB- Put all the doctors you have seen in the past 5 years on your application , and include the doctor who diagnosed your most serious health conditions . Delays often happen because records are received , but then the underwriter notices that the patient was referred to someone else during that time . Getting all your doctors noted at the start does not necessarily mean the insurance company will order records from all of them , but at least it gives underwriters the opportunity to pick and choose which ones they want , so they order them in a timely manner . 2 -RRB- Do your exam quickly . Putting of an exam for months sets back the whole application process . Sometimes medical records are not even ordered until the exam is done . 3 -RRB- Warn your doctor or clinic that they will be getting a request for your medical records , and ask them to fill the order ASAP . You might even want to collect your own medical records to speed things up , if that is allowed . 4 -RRB- Provide additional details in a timely manner . Sometimes insurance companies will see something on your MIB or MVR or application that will cause them to need more information . Answering that extra question , filling out that extra form , or doing whatever needs to be done , can eliminate unnecessary delays . 5 -RRB- Do n't jump to another company without talking it over with your agent first . Give him/her a chance to find out where the logjam is , and get it cleared up . If you can not get answers from your agent , it 's OK to switch , but close your first application out , or transfer it to someone else . Otherwise , you may end up applying for the same policy with two different agents , and that can cause further complications and delays . "}
{"input": "Why Does Life Insurance Underwriting Take So Long? ", "output": "In order to save money , many life insurance companies are trying to cut down on ordering medical records from the insured person 's doctor . As a result , they often wait to order medical records until after the exam is completed . One way to possibly shorten the time that your policy is in underwriting is to have your paramed exam done as quickly as possible after applying . At our agency , we have an in house Case Manager who can order medical records , which helps cut down time in underwriting . Still , it is easy to get delayed if an underwriter decides to order additional medical records after everything comes in . It can be nerve wracking to those going through it , but if your agency is on top of things and gives you regular reports , it helps alleviate the stress . "}
{"input": "Why Does Life Insurance Underwriting Take So Long? ", "output": "I am so glad you asked this question . Life insurance is an underwriting-driven sale . A well-managed underwriting process will yield both good pricing and good service . This is what you need to keep the client satisfied . The underwriter has the final word . At the same time , the client , the broker , the general agent , the case manager and the underwriter all collaborate in making things happen . In addition , third-parties such as physicians offices , and advisers such as accountants and attorneys and bankers , all have a role to play . Let me give you some examples of how things could work the right way , and also the wrong way . The right way can get you an approval in a matter of weeks . The wrong way can drag it out to months and months and months . First of all , you as the client must go through full disclosure . Answer every question thoroughly and accurately . Make sure you get prequalified so that any underwriting challenges are addressed before you submit a formal application . You might have to clarify elements of your medical history . You might have to give details on risky activities such as mountain climbing a scuba diving . Amendments to physician records may be needed . If all this information is collected up front , then you can benefit in two ways . First of all you can be confident that you have both competitive and reliable quotes . Your application should be approved at the rate quoted . In addition , the underwriting process should run more smoothly because a number of underwriting requirements have already been obtained . If you dont get prequalified , and underwriting challenges are not addressed before hand , then all the time needed to do so will delay the formal underwriting process . It is also important to get the insurance exam completed quickly . Those lab and test results are essential to evaluating the level of risk you present . It may be that your blood chemistry is off the day you take the exam , and that might raise some questions . You might even have to repeat the exam . Or clarification may be needed from your doctor . Better to take care of these items sooner rather than later . The longer you wait in scheduling that exam , the longer the evaluation will take , and the longer it will take to remedy any emerging issues . Medical records are also a dealmaker or a dealbreaker . They too play a huge role in assessing risk . These days many physician offices are short-staffed and overloaded with bureaucratic insurance company and government requirements . They often contract with services to make copies of records . Their turnover of requests for copies of files is often slow . Bear in mind that they are paid in advance and well paid for this service . You as the patient may have to get involved to stress the importance of a faster turnaround . Many times , statements and documents from professional advisors are needed . In one case I have , I obtained a medical approval of great pricing over six months ago . However , copies of trust and buy sell agreement documents are required to get the final approval , and to issue the policies . The attorneys and accountants still havent delivered . General agents play a key role in delivering customer satisfaction . Brokers typically do not deal directly with underwriters - we deal with general agents who operate at the wholesale level . A general agent who has strong leverage with carriers will be able to deliver underwriting concessions . He or she will also be able to intervene as needed and advocate on behalf of the client and broker if snags pop up during underwriting . Things can happen . Sometimes one underwriter will prequalify a case , and another will formally underwrite it . These two may not agree on what the price should be . The general agent needs to stay on top of this and get the dispute resolved as quickly as possible . Case managers are also key . These are personnel inside general agencies who expedite requirements . If they are really on the ball , then the broker is notified promptly of the need for outstanding records , documents , client information , etc. . If they are slack , then requirements are filled too slowly . I think too many agencies just rely on software to give updates . This technology is useful ; at the same time , managers really do need to stay involved personally with cases and move them along . It takes the personal touch . In essence , with the right team approach and cooperation from all involved , then things can happen relatively quickly . The broker needs to treat underwriting as such and provide proper direction . Without this leadership , there is so much room for error that underwriting can become a nightmare . "}
{"input": "Why Does Life Insurance Underwriting Take So Long? ", "output": "While technology has definitely shortened the life underwriting process , it has not reached the level that has eliminated waiting for the required information . Typically , life underwriters gather information regarding the risk of insuring a person 's life through more than just the application . They will check MIB -LRB- Medical Information Bureau -RRB- , the lab results and often medical records . The medical records often take the longest to obtain . Many doctors utilize services to copy the records & send them to the requesting party , while others do this `` in house '' . On occasion , we have had to have the insured called their doctor 's office to get them to release the records . Sometimes , obtaining medical records could take 30 - 60 days , resulting in longer underwriting times . "}
{"input": "Why Do People Get Denied Life Insurance? ", "output": "There are a variety of reasons that can trigger a declination . The leading cause of declination is your health condition where the company has calculated your life expectancy is unprofitable for the company to take on the risk of your demise . Hazardous recreations and vocations can also cause a declination . A motor vehicle report with several moving violations in a 2-3 year period or DUIs can result in a declination . "}
{"input": "Why Do People Get Denied Life Insurance? ", "output": "Why do people get denied life insurance ? The biggest reason that people get denied is because the policy they applied for is not one that they qualify for . They may not qualify because their health , their age , or even their income does not fit the guidelines for that policy . The sad thing is , many declines could be prevented by visiting with knowledgeable agents who understand what products best fit each person 's situation . And many less people would be declined if they would answer the agent 's questions without trying to hide things . Those things usually catch up with you in the end , so it is much less frustrating to get them all out in the open at the start and allow your agent to find you a policy that you indeed can get and not be denied . "}
{"input": "What Is Blue Cross Blue Shield Health Insurance? ", "output": "Great Question . Blue Cross Blue Shield Health insurance for Health insurance . The time you get sick you can use that type of insurance to seek medical advice . Most people have medical insurance if not the state plan might cover them if they fall under certain conditions . Check with your local broker for detail . "}
{"input": "Does Obama Care Require Employers To Provide Health Insurance? ", "output": "Employers with 50 or more full time employees are required to provide a government approved plan for their workers . Smaller employers -LRB- fewer than 50 full time -RRB- are not required to offer health insurance and many may not . Failure to comply with the employer mandate will result in fines -LRB- taxes -RRB- levied on the employer . "}
{"input": "Who Pays For Medicare? ", "output": "Employers and anyone who works and pays taxes helps to pay for Medicare . Medicare is funded through payroll taxes , which are split down the middle between employers and employees . Payroll taxes are also know as FICA taxes . Most employees pay 7.65 % of their income in FICA taxes . Social Security consumes the first 6.20 % . Medicare consumes the remaining 1.45 % "}
{"input": "How Much Taxes Do I Pay On Life Insurance? ", "output": "Generally life insurance proceeds are paid to the beneficiaries of the life insurance policy tax free . There are exception if the proceeds remain in the decedents estate and could be subject to estate taxes . Life insurance proceeds that generate income could be subject to ordinary income tax if the policy is surrendered with gain in ht e contract including any policy loans in excess of basis . "}
{"input": "Is AARP Life Insurance A Good Deal? ", "output": "Life insurance purchased through AARP is popular , does not need an exam , and the premiums can be very competitive . Their coverage is underwritten by a reputable life insurance agency . You do need to review the policy , as with any Term or Permanent policy , to see if the premiums are guaranteed to remain the same for the entire years of the term -LRB- if buying Term Life -RRB- , or for the rest of one 's life -LRB- if buying Whole Life -RRB- . Otherwise , the price may raise as you age and become more than you can afford to pay . "}
{"input": "Is AARP Life Insurance A Good Deal? ", "output": "Is AARP life insurance a good deal ? As with many questions like this . . it depends . A person should look at the details which can be plus or minus with any plan . For example AARP term life is fairly easy to get with only a few questions asked.The downside with the plan is because of so few questions , the pricing is higher than a healthy person could get . It 's a trade off a person should review and decide upon . "}
{"input": "Is Disability Insurance Considered Health Insurance? ", "output": "Although disability insurance and health insurance are both morbidity insurance products they are not the same . Disability insurance can protects the income of the insured , it can protect the retirement contributions of the insured , it can protect business overhead expenses , key employees and bank loans from the disability of its business owners . Medical insurance protects against the expense of hospitalization or emergency room visits after the deductible has been satisfied . "}
{"input": "What Is A Matured Life Insurance Policy? ", "output": "A life insurance policy matures when it pays out a death benefit on policies that have no stated maturity date . Otherwise , the policy will indicate a maturity date which , on many whole life policies , may be age 95 , 98 , 100 , 120 , etc. . The issue with a policy that matures while the insured is still alive is that the maturity benefit will be taxable as the cash is constructively received at that point . Many policies in recent years have maturity extension riders or policy provisions which can extend maturity to prevent such an unwelcome situation so check your policy . Death benefits are normally received income tax-free but a living maturity is income taxable to the extent of gain in the contract to the policy-owner . If maturity is approaching and such riders are not present , insurers have been known to agree , upon request , to continue the policy extra-contractually . Contact an experienced life insurance professional for assistance . "}
{"input": "How Long Does It Take To File A Renters Insurance Claim? ", "output": "Generally , it is the interest of the insurance company to get a release from the claimant and close a claim . That release ends the companys liability . There are many things that can cause delays in the claims process but the companies are usually committed to quick action . "}
{"input": "Is Whole Life Insurance A Good Investment For Kids? ", "output": "Insurance as an investment is a topic that has been debated for a long time . A whole life insurance policy on a child makes good sense if you care about providing a base of insurance that will last a lifetime regardless of your childs future health or occupation . It makes good sense if you want to establish a savings program that has safety and a reasonable return . It also makes good sense if you want to guarantee that your child will be able to get life insurance in the future regardless of their occupation or health . "}
{"input": "Is Whole Life Insurance A Good Investment For Kids? ", "output": "That is an excellent question ! I am very hesitant to use the word investment when talking about life insurance in any sense , as it is n't designed to be like the stock market or mutual funds , where you invest a lump sum , and gain or lose off the investments ' growth . With life insurance , you make a steady payment , the premium , and the return for that payment is clearly defined : the face value , or death benefit . That said , it is a very common event that the amount of premiums paid are far less than the payout when it happens , but the insured is n't there to gain from it , as it only pays out when they pass . I 'd say that they are theoretically more like a savings account than an investment , as they are an excellent way to get cash when it might otherwise not be loaned to you . You can borrow out of the accumulated premiums that you have paid in . Another way that it will be a smart financial move for your children is that purchased as children , you lock in a very inexpensive price for the policy , that will never change . From that respect , you can save them a ton of money over the years from what they would have paid , purchased later in life , with health issues . Many companies will also allow for periodic increases in the amount of insurance without questions , a godsend if the child has developed issues with their health . I 'd love to discuss this with you privately , please contact me . Thanks for asking ! "}
{"input": "Is Whole Life Insurance A Good Investment For Kids? ", "output": "I never call Whole Life an Investment , because it has an entirely different purpose , but it is a TOOL ! A financial tool that pays off in many ways . For a kid , it is probably the very best financial tool you can ever have . It guarantees that for the life of that child , they will always have life insurance , so long as premiums are paid . They do not have to worry about ever becoming uninsurable , such as with diabetes or obesity , or heart ailment , cancer , or any other reason on earth . They are insured ! Their premiums will NEVER ever go up . They are locked in for the entire life , no matter what happens . As a kid , their rates are extremely low , so low they can be incredible . Every parent or grandparent should get life insurance on their children or grand kids . Love to help . Thank you . GARY LANE . "}
{"input": "Does Life Insurance Go To Probate? ", "output": "In general terms , life insurance death benefit proceeds go direct to their beneficiaries , thus by passing the process of probate . If the life insurance policy owner is an irrevocable life insurance trust , then the proceeds are delivered to the trustee of the trust and distributed to the trust beneficiaries . "}
{"input": "Does Life Insurance Go To Probate? ", "output": "Life insurance does not go to probate unless the beneficiary on the policy is the estate . If there are no living beneficiaries at the time of the death of the Insured person , the life insurance can also go to probate . If the policy 's beneficiary is a person or trust , the life insurance proceeds do not need to go through probate in most circumstances . "}
{"input": "Does Life Insurance Go To Probate? ", "output": "The awesome thing about life insurance is that the death benefits go directly to the beneficiary tax free . You want to be sure to use a knowledgeable agent when writing the policy . If the policy beneficiary , whether primary , contingent or tertiary , is named to the estate instead of a person , business or charity , this will cause the proceeds to be paid into the estate . Now this money is comingled with the estate value , which means it will go through probate and will be taxed . Avoid this before it is too late . "}
{"input": "Is It Safe To Buy Term Life Insurance Online? ", "output": "How did you find the site ? Did someone you know and trust refer you to the site ? If you know nothing about the site , you take the risk , like anything else on the web . There are several excellent sites that sell life insurance online . And others I would question . If you know your local agent , that is usually the best way to go , but more and more , organizations are aligning themselves with trustworthy providers . Do your due diligence , like anything else you buy . Thank you . GARY LANE . "}
{"input": "Is It Safe To Buy Term Life Insurance Online? ", "output": "Buying insurance online will not necessarily help you get the best price , or give you advice that can help you achieve your objective . That said , there is nothing inherently wrong about using the internet for information . Just make sure the carrier you apply with is recognized as in good financial shape . Buyer beware is good advice no matter where you shop . "}
{"input": "Is It Safe To Buy Term Life Insurance Online? ", "output": "No ! It is not . If your objective is to receive a quote for a rate about which you are confident you will be approved , you need to speak with a broker . That broker must spend enough time with you to get thorough and accurate quote information . Then the broker must work his contacts to reach underwriters that are normally competitive for the type of risk you represent . If need be , the broker must work on getting medical records so that underwriters can feel comfortable putting their best rate on the table . Sometimes the broker must advocate on your behalf and negotiate with the underwriter . All this must take place prior to your submitting an application . It can take days or even weeks . The net result is that you get not only a competitive quote but a reliable quote . This is what you deserve before you then commit weeks or months of your valuable time going through formal underwriting . And the fact of the matter is that none of this can be effectively accomplished online ! "}
{"input": "Is It Safe To Buy Term Life Insurance Online? ", "output": "If you pick a website that is safe , you will be safe buying life insurance online . Some things to look at to determine if a website is safe are : 1 -RRB- Are they part of the Better Business Bureau ? If so , how are they rated ? 2 -RRB- Do they have a lot of complaints ? 3 -RRB- Do they share information with other companies , or keep it private ? 4 -RRB- Do their testimonials sound legitimate ? 5 -RRB- Do they show their contact information ? Do they have a physical address ? 6 -RRB- Better yet , do they give any information about their management or employees ? 7 -RRB- Do they show what companies they sell for ? 8 -RRB- Do they provide educational information , or just push for a sale on their website ? 9 -RRB- Do you have the opportunity to talk to a licensed agent ? 10 -RRB- Can you wait to pay for the policy after you get it , or if you pay in advance , are you assured that you can get a refund if you choose not to take it ? If you go to the right website , you can get great service and never have to leave your home . Checking out the points above will help you have a good and safe experience . "}
{"input": "Is It Safe To Buy Term Life Insurance Online? ", "output": "If you know the website is safe and you trust the life insurance company or agency then yes it should be safe . However , do you know if you are getting the right coverage at the best price for your unique situation ? If you have doubt , I highly recommend using an experienced independent life insurance broker to shop the market for you . Almost all of us do that for free everyday . "}
{"input": "How Quick Can I Get Car Insurance? ", "output": "It 's easy to get car insurance . Here 's what you need . A car ! Assuming you have a car , now you need a valid driver 's license . And hopefully , you 're a careful driver ! And , if all information is provided , you can have coverage within hours ! Next , it 's important to compare auto insurance rates from top-rated companies . An experienced broker can quickly determine what companies offer you the best prices , down-payments and coverage . You can easily apply online or in-person . As a broker with more than 32 years of experience , finding affordable car insurance is always a concern of consumers . Fortunately , many carriers do offer low cost options . Finding them is where a broker can help . At no cost , of course . "}
{"input": "How Quick Can I Get Car Insurance? ", "output": "I would like to add my two cents to this : you can get auto insurance the same day you purchase a car . This is assuming that you are qualified to purchase auto insurance -LRB- i.e. you have a valid drivers license and an interest in an automobile -RRB- . Many direct insurance agencies like Progressive and Geico allow you to purchase insurance online and print out the proof of insurance immediately . If you go through your agent they can put in the request and draft the proof of insurance for you at the office . "}
{"input": "How Quick Can I Get Car Insurance? ", "output": "Most insurers have systems to check the identity of your car , check your motor vehicle record and determine if you have made claims in the past several years . The result is that the only time required is that of gathering the information . Normally we can issue a policy in less than 30 minutes . "}
{"input": "How Quick Can I Get Car Insurance? ", "output": "You can get auto insurance approved an issued as quickly as 20-30 minutes . As an experienced broker -LRB- 33 years in the business -RRB- , our job is to do the shopping for you , research which companies offer the best rates in your area , and properly explain the best coverage for your specific situation . With the use of top-rated websites , experienced underwriters and the latest technology , applying for and getting affordable car insurance is quicker than ever before . "}
{"input": "Is It Too Late To Plan For Retirement? ", "output": "The ten years before your retirement date and the ten years after is the critical time for retirement planning . Wherever you are in that time frame will normally allow you options . If you are ten years away from retirement start today to live on your retirement income and see how that feels . Put the difference between your current income and your retirement income into a Roth IRA . Make adjustments as necessary but get into the post retirement budgeting process as quickly as possible . Identify those skills and interests that you have that can generate additional income should that be necessary . During this period of time be particularly wary of changing investment strategies in an attempt to make up the short-fall . If you elect more aggressive strategies you could end up with an unacceptable loss . "}
{"input": "Is It Too Late To Plan For Retirement? ", "output": "It is never to late to plan for retirement . The earlier you start , the easier it is to make sure you have the money to maintain the lifestyle you want and desire . If you do no planing or do not save enough , you might get what I like to refer to as the `` blue vest '' retirement . Hence you see retired people working at Walmart as greeters as well as other market places . There are many options these days to make sure you will have the money , not run out of money you need for retirement . Take the first step now , make a call to your local adviser or at least due some research making sure who you are talking to or the material you are reading is credible . "}
{"input": "When Can You Add A Spouse To Health Insurance? ", "output": "If you have an individual health insurance plan , you can add a spouse any time you wish . Of course , individual companies may require an application to be submitted 15 days -LRB- for example -RRB- prior to the requested effective date . You must also allow time for the carrier to underwrite the application . "}
{"input": "Why Is State Farm Life Insurance So Expensive? ", "output": "Every carrier has their own rates - these are based off a long calculation of actuarial values and mortality tables . Some carriers are more aggressive than others and are willing to take on more risk -LRB- in underwriting as well - the evaluation of the risk class they assign to the insured -RRB- . More aggressive carriers will offer lower rates . More conservative carriers feature higher rates . So it 's hard to say one carrier is just very expensive . They may be cheaper for individuals in great health and more expensive for those with complex medical histories and vice versa . The age of the insured has a lot to do with this process as well - they could be a better carrier for younger individuals and more expensive for older ones and vice versa again . This is why it 's important to look at multiple carriers for your life insurance benefits and compare premium quotes and other factors . "}
{"input": "Does Medigap Cover Pre Existing Conditions? ", "output": "Yes , a Medigap policy will cover all of your per-existing conditions , as long as a portion of your treatments are covered by Medicare . This is one reason it is s important to enroll for a Medigap plan when you are first eligible , when coverage is guaranteed issue . If you try to apply outside of an open enrollment period , and have pre-existing health problems , you can be turned down for coverage . Like other types of insurance , you need to BUY NOW , before you need it , so coverage will be available when the time comes that you have a need . "}
{"input": "Does Medigap Cover Pre Existing Conditions? ", "output": "If you sign up for a Medigap plan when you turn age 65 and have prior creditable coverage , your plan is considered guaranteed issue and will cover pre-existing conditions . Medicare Part A and Part B does not have a pre-existing clause so even if you lacked prior creditable coverage you still have full coverage under Medicare . "}
{"input": "What Is Covered Under Medicare? ", "output": "Medicare Part A and Part B cover services and supplies that are considered medically necessary to treat a disease or condition . Original Part A and B Medicare also cover some preventative services . If you have Medicare Part D or a Medicare Advantage Plan , many prescription drugs will also be covered . "}
{"input": "Does Home Owners Insurance Cover Air Conditioner? ", "output": "Well it depends on the cause of damage . If let say it was a fire and the AC was damage then yes it covered . If lets say the AC motor blows out and the blower is not working then that is a maintanice issue and home insurance does not cover taht . Good Luck "}
{"input": "Does Home Owners Insurance Cover Air Conditioner? ", "output": "If damage to the unit was caused by fire , wind , lightning/hail or some other peril provided under your policy it would be covered-minus your deductible . If the unit had a mechanical breakdown you would need to have an endorsement on the policy for `` mechanical breakdown '' to have coverage afforded . Having said that , if the unit broke and caused damage to the home you would likely have coverage for the resultant damage caused by the unit . Hope this helps ! "}
{"input": "How Is Whole Life Insurance An Investment? ", "output": "Whole life insurance is permanent insurance . It retains the same premium throughout your lifetime . It also builds equity . It is generally not considered an investment but a financial tool . However , the truth is that by building equity , it clearly also is a type of investment . You can borrow against it , and actually never pay it back , and keep the money tax free . You can use the money for retirement , or to buy a home . But buying life insurance should primarily be to protect your family and those you love ! Thank you . GARY LANE . "}
{"input": "How Is Whole Life Insurance An Investment? ", "output": "Life insurance creates cash at death . That being said the cash value that builds up in a whole life policy with dividends can not be ignored . Some whole life policies are touted as being investment grade because the based on current long term projections the internal rate of return is in the 4 % range for the total cash value . That reflects well on the balance sheet as a fixed income investment replacement . Whole life policies are valuable financial instruments in financial and retirement planning . However , the growing death benefit is where the policy shines , providing estate planning solutions . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "How Is Whole Life Insurance An Investment? ", "output": "That is a great question ! Technically speaking , no it is not . Agents are generally cautioned against using the word investment in any of their presentations , so as to not mislead potential clients . A life insurance policy does not generate the returns for you that a money market fund , mutual fund , or stock market investment would . An insurance policy will pay off what the face value is , when you pass , and as such is not usable by you . There are policies called `` universal , or indexed universal '' life policies that promise large cash value gains , but even so , they are not to be seen as investments , when you read all of the fine print , and conditions needed to produce the promised gains . That said , it is an important and needed part ofalmost everyone ` sfinancial security , and it provides a great sense of relief , knowing that you 've provided for your loved ones . That you can consider a worthy investment . If you would like more detailed information on the financial differences , please contact me , okay ? Thank you for asking ! "}
{"input": "Does Homeowners Insurance Cover Window Replacement For Weather Damage And Mold? ", "output": "A homeowners policy covers damage caused by specified perils . These perils are basically sudden events that destroy property such as fire . Water damage caused by seepage over an extended period of time doesnt fit with the definition of a specified peril . Mold is the same sort of situation . The damage isnt sudden . Mold damage might be covered if a pipe ruptures in a wall and the damage isnt detected quickly . "}
{"input": "When Should You Get Disability Insurance? ", "output": "You should seriously think about purchasing at the very least short term disability insurance if you ca n't afford long term disability . But before you start shopping around , make sure your employer does n't have some kind of disability insurance in your group plan . Nevertheless , you should purchase disability insurance when you start working full time . "}
{"input": "When Should You Get Disability Insurance? ", "output": "Long Term Disability is what most people need , what is most competitively priced , and what is recommended by most financial counselors when trying to decide between purchasing long and short term disability insurance . You should get is as soon as you can after beginning work at your new job . "}
{"input": "Is USAA Health Insurance Good? ", "output": "USAA -LRB- which is a very fine financial institution and which I am a member for my auto coverage -RRB- does not have their own health coverage . They are a broker for Assurant Health . Not sure if they have continued that relationship with Assurant Health since Obamacare has come to fully pass into law . "}
{"input": "Will Annuities Increase? ", "output": "The challenge to answering the question `` Will annuities increase ? '' is that the answer depends on the context of the question . I will provide an answer for different situations and if you would like further clarification you can contact me . In Canada , there are basically two type of annuities , immediate and deferred . Immediate annuities provide an income in exchange for a lump sum . With a deferred annuity , the income is in the future , Deferred annuities are often used as an accumulation or investment vehicle . When the investment options are guaranteed , it is similar to a guaranteed investment certificate , GIC , and could increase through interest growth . In Canada , variable deferred annuities are often referred to as segregated funds or seg funds . These are similar to mutual funds and their value can increase or decrease depending on the fund -LRB- s -RRB- performance . Since they are issued by insurance companies , seg funds do offer minimum death and maturity guarantees , typically 75 % or 100 % . Some companies also offer resets or the locking in of gains , the full details of which are outlined in the plan 's information folder . One major factor in determining the income provided from immediate guaranteed annuities is long term interest rates . If rates increase , the amount of income provided will also increase . The income from an immediate annuity can also increase after issue depending on the terms of the contact . An indexed annuity for example can provide for an increase in income each year . Another option would have part of the income dependent on the performance of a fund or pool of funds , where the income would increase or decrease depending on the funds ' performance . This is a basic overview of a potentially complex subject . Do not take any action without consulting a licensed professional . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "How can I find out if my Mom had a life insurance policy that we could access to help pay for health care now? ", "output": "In Canada and the United States , for a fee , you can use the Medical Information Bureau -LRB- MIB -RRB- Policy Locator Service to help you find a lost policy . Some companies have their own searchable databases . You are looking for clues : review bank statements for withdrawals ; contact friends ; did she have an insurance advisor ? ; etc. . Once found a review of the policy will determine if there is coverage or cash value that could be used . If you have further questions please do not hesitate to contact me . "}
{"input": "How can I find out if my Mom had a life insurance policy that we could access to help pay for health care now? ", "output": "You 're referring to what 's known as an `` Accelerated Death Benefit Rider '' -LRB- also commonly referred to as `` Living Needs Benefit Rider '' or simply `` Accelerated Benefit Rider '' -RRB- . This rider is designed to allow a person to access a percentage of the proceeds prior to death if the insured person has been diagnosed with a terminal illness by her physician -LRB- some policies cite remaining life expectancy must be 12 months or less others may be 6 months or less - varies by insurance company -RRB- . The Accelerated Death Benefit Rider is included in most policies these days at no charge - if you 're unsure if it 's in her policy , you can contact the carrier to find out if it 's included in her coverage . Please note , when the rider is activated , there can often be a fee due for activation . The rider provides funds prior to death to be used for medical care , funeral arrangements , and other items and features an interest rate charged to the amount provided . Upon the death of the insured and a claim is made on the policy , the proceeds paid to the beneficiary will be the face amount less the amount provided prior to death and the interest generated from the loan . Another avenue is cash value if it 's a permanent life insurance policy -LRB- whole life or universal life insurance -RRB- - this money can be borrowed against the policy as a loan . However , it 's expected to be paid back . Should the death of the insured occur prior to repayment , the outstanding balance and any interest due would be deducted from the face amount and the difference paid to the beneficiary . If she is not terminally ill and is in need of long-term care , then you would be looking to determine if she has a long-term care insurance policy in place or a life insurance policy with a long-term care rider and what the benefits are under those programs . If you 're unsure if there are any existing policies on her and are trying to determine whether she has any coverage in place , the Medical Information Bureau -LRB- MIB -RRB- may be able to help identify a carrier she has applied for coverage with in the past -LRB- however , I believe they can only go up to a 7-year look back -RRB- , but due to privacy laws , she may need to do that herself . If you have documentation noting your authorization to review her input , then you may be ok on that matter . Otherwise , you may need to review past financial documents to determine whether she 's been paying premiums for a policy -LRB- e.g. input can be found via her bank statements -RRB- . If you know what carrier she has her coverage with , you can contact them to determine whether any of the above items are available under her policy . Please note , you would need authorization to do so or at the very least have her on the phone with you - due to privacy laws . I hope the information is helpful - please feel free to contact me for help with coverage and if you have any other questions . Thanks very much . "}
{"input": "How can I find out if my Mom had a life insurance policy that we could access to help pay for health care now? ", "output": "If she can not remember if she has a life insurance policy but can remember the company name or agent 's name you need to start there . I am sure you have looked through her important papers and may be still can not find them , there are some websites to assist you . First is the NAIC or National Association of Insurance Commissioners . There website is free at WEBSITELINK web map.htm this site will lead you to her state 's DOI site where the policy should be registered as to the carrier purchased so you will know who to call . If that one is empty , the next step is to try the MIB Solutions website at WEBSITELINK life insurance howto.htm . This website boasts a 30 % success rate in finding lost policies and charges $ 75 per search . Just be careful if choosing a life settlement company to check on the company 's reputation . Unfortunately , there are a lot of scams involving these actions . Good luck ! "}
{"input": "Why Is It Important To Have Home Insurance? ", "output": "Because if you do not have homeowners insurance and a catastrophe should strike your home you more than likely would not be able to financially afford to repay the mortgage and pay to have the home rebuilt . The other side is the liability coverage afforded by the homeonwers insurance policy . The other considerations are too numerous to list her . Contact a lcal agent to discuss coverage availability and pricing in your area . "}
{"input": "What Is Allied Health Insurance? ", "output": "I presume you are asking about Allied NationalHealth Insurance which is a company that provides group health insurance products in a number of states but not all 50 states . Their primary focus has been on the under 100 employee marketplace for group health insurance . They also offer self-funded health insurance plans , limited benefit medical plans , short term medical insurance plans and life and disability insurance plans . "}
{"input": "Can Health Insurance Cover Breast Implants? ", "output": "Health insurance does not generally cover cosmetic surgery , so if the reason for the implant isjust breast enhancement then no it would not usually be covered . If the reason for the implant is reconstructive in nature due to a covered illness or accident then the implants may be covered . "}
{"input": "How Much Is The Self Employed Health Insurance Deduction? ", "output": "The self employed health insurance deduction is entered on line 29 of form 1040 . The qualified amount is subtracted from your total income to help determine your adjusted gross income . You can deduct the amounts paid for you , your spouse , and dependent children . You can deduct the full amount of the annual premium cost provided your self employed income is higher . Otherwise , you can only deduct the amount of your self employed income . Please consult your tax adviser . "}
{"input": "I Don't Have Car Insurance Can I Rent A Car? ", "output": "Great question ! Most car rental agencies will offer their own coverage , as long as you have a valid drivers license , and a clean record . It is typically fairly pricey compared to what your individual coverage might cost , but it 's an option . Your best bet would be to ask before attempting to rent , and find out what they require . If you 've been dropped by your insurance company for some reason , it may make it tougher for you . If you have more questions , please contact me , I 'd be happy to help . Thanks for asking ! "}
{"input": "I Don't Have Car Insurance Can I Rent A Car? ", "output": "Most rental companies would be happy to provide auto insurance to cover their rental car . Another approach is to purchase a non-owned auto policy . That would cover your liability concerns . If you are really gutsy you might check with your credit card company and see if they provide coverage for physical damage if you use their card . This system works but it is certainly not for the feint of heart . "}
{"input": "I Don't Have Car Insurance Can I Rent A Car? ", "output": "That is going to depend on the rental car company . Many rental car companies have third party insurance providers that they work with to provide clients with temporary insurance coverage during the period that they are renting a car from the rental car company . I would suggest that you call some of the local rental car companies that are in your area to find out if they offer this service . "}
{"input": "What Is 403 B Plan For Retirement? ", "output": "A 403 -LRB- b -RRB- is a qualified retirement plan available for public school teachers , principles , janitors , administrators as well as self employed ministers , some non-profit employers and service organizations . The contributions are deductible , accumulate tax deferred and are taxed as ordinary income at distributions . "}
{"input": "Will Home Insurance Cover Chimney Damage? ", "output": "Depending on what the damage is , the chimney may be covered . Most homeowners policies will cover the damage if caused by fire , wind , hail , smoke , explosion , vandalism , falling objects and collision . However if the damage is just caused by normal wear and tear then this would not be a covered peril of your policy . "}
{"input": "How Do Auto Insurance Claims Work? ", "output": "Typically when you have had an accident or damage to your vehicle and you have the appropriate coverage you would contact your carrier 's claims department or your local agent to inform them of the loss . The carrier will typically send out a claims adjuster to gather the information to ensure that all claims are paid in accordance with the policy . This process can typically be as short as hours to days or weeks depending on the details behind the claim . Most carriers attempt to resolve open claims as quickly as possible . "}
{"input": "Is Life Insurance Proceeds Subject To Estate Tax? ", "output": "Life insurance proceeds are usually not subject to estate tax.If the amount of the life insurance brings the value of the estate over the exempted amount , the amount that exceeds the exemption will be subject to estate tax . The federal estate tax exemption in 2014 is 5.34 million dollars . Some states have estate and/or inheritance taxes , as well , with different limits . Estate tax does not generally apply when there is a surviving spouse . "}
{"input": "What Are Some Long Term Care Insurance Disadvantages? ", "output": "The main disadvantage is never using the policy benefits , with no one to recoup the paid premiums . But remember you may never see the inside of a nursing home , but most seniors using elder care use assisted living at home , so the downside is n't so bad because most long term care insurance allows for in home care . "}
{"input": "Can Non US Citizens Get Health Insurance? ", "output": "Yes . A legal , non-citizen resident of the U.S. can get health insurance domestically . To make things even more interesting , ObamaCare contains provisions that may actually be more advantageous to legal non-citizens than to American citizens . Section 1401 of the Affordable Care Act created Section 36B of the IRS code which includes `` Special Rule For Certain Individuals Lawfully Present In the United States '' . This rule states that lawfully present aliens with incomes under the Federal Poverty guidelines who `` are not eligible for Medicaid under Title XIX of the Social Security Act by reason of such alien status '' shall be treated as though they had incomes above the Federal poverty level , thus entitling them to Federal insurance subsidies . This can lead to the situation where a lower income American citizen is forced into Medicaid -LRB- or left uncovered if they fall into the gap area in states that did not raise their minimum eligibility threshold for Medicaid eligibility -RRB- while a legal non-citizen at the same income level will be allowed to purchase health insurance through the government health insurance marketplace and to qualify for subsidies for their health insurance premiums . "}
{"input": "Does All Health Insurance Cover Birth Control? ", "output": "This is a great question ! Many major medical plans do cover birth control . typically , there is a cost or co pay involved . The best way to figure out if contraceptives are covered is to call the number on your insurance card or take a look in the summary of benefits for your plan . "}
{"input": "Should I Buy Disability Insurance Through My Employer? ", "output": "If your employer provides disability insurance it is very wise to obtain the disability through them because premiums will be less than a single individual policy . Keep in mind through the employer policy you are usually only renting the policy not owning it . In others if you were to leave your current employer can you take that policy with you . It is also wise to have your own disability policy outside to supplement at work , just in case you are no longer working for the employer . The best time to purchase anytime of insurance is when you do not need it because you probably can afford it and also be insurable . "}
{"input": "How Much Is A Medicare Deductible For 2013? ", "output": "The Medicare Part A deductible for 2013 is $ 1184 per admission . Once you satisfy the deductible , Medicare covers all approved inpatient charges in full for the next 60 days of that hospital admission . If you are discharged within the 60 day time frame and readmitted within 30 days to the same or a different hospital for the same condition you do not have to satisfy a new deductible . If you are admitted for a different medical condition you must satisfy a new $ 1184 deductible . "}
{"input": "How Much Is A Medicare Deductible For 2013? ", "output": "The Medicare Part B deductible for 2013 is $ 147 . This deductible runs with the calendar year . In other words , once satisfied for the calendar year , it no longer applies . Part B of Medicare covers things like outpatient procedures , labwork and doctor visits . The Part B deductible resets each new year . Many Medigap plans will cover this deductible , in addition to the Medicare Part A deductible and Parts A & B coinsurance . "}
{"input": "How Will Obama Care Affect Long Term Care Insurance? ", "output": "Obama Care does not have any direct involvement with Long Term Care Insurance rates or features . The Patient Protection and Affordable Care Act -LRB- PPACA -RRB- deals with Health Insurance only . One could speculate as to whether everyone having health care will reduce the number of people needing long term care , and thus reduce the cost of Long Term Care Insurance . Or if Long Term Care Insurance premiums will rise if insurance companies lose money on Health Insurance . Or any number of things . But as far as Obamacare affecting Long Term Care Insurance directly : it does not . "}
{"input": "When To Stop Paying Disability Insurance? ", "output": "Your can stop paying for disability insurance when you retire . Protecting your paycheck is vital and part of defensive financial planning . generally most disability insurance polices end at age 65 . If you want to continue to work full time , there are a handful of companies that offer disability insurance post age 65 . "}
{"input": "What Health Insurance Do I Need? ", "output": "What health insurance do I need ? The one that pays your medical expenses when you get sick or hurt . The best health insurance policy is the one in force when you need . Advice : Purchase the best benefits you can reasonably afford on a monthly basis . You 'll never regret that decision and be happy -LRB- happier -RRB- when something happens . Purchase the cheapest policy available and you 'll surely regret it . For more information on purchasing the right health insurance plan please visit www.clminsure.com or call 561-320-2978 "}
{"input": "What Health Insurance Do I Need? ", "output": "Everyone has a need for health insurance and under the Affordable Care Act , everyone must have it or pay a penalty . The purpose of the insurance is to protect yourself financially against a catastrophic event by shifting the risk to a third party -LRB- e.g. the insurance company - you pay a monthly premium and they take on the risk of claims -RRB- . You have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age is a big factor as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . Bronze plans generally cover about 60 % of your healthcare expenses , Silver is 70 % , Gold is 80 % , and Platinum is 90 % . So , in short , the better the benefits that you want to have , the higher the premium will be.This is where an independent insurance agent can really help you . They can work with you to look at a wide range of options from many of the top carriers in the industry . If you have any other questions about health insurance or would like to review your coverage , send me a private message by clicking on the `` contact me '' button - my direct contact information is provided on my profile page . "}
{"input": "Does Homeowners Insurance Have To Be In The Name Of The Owner? ", "output": "The primary insured is normally the name that is written on the deed . Some insurance companies dont like to name an inter-vivo trust . The name of a natural person would be accepted . The reason these should be the same is to make sure that there is full liability coverage should anyone sue the property owner . "}
{"input": "Why Do You Need Long Term Disability Insurance? ", "output": "Long Term Disability Insurance pays you a cash benefit if you are unable to work for an extended period of time . Becoming temporarily or permanently disabled is a traumatic event in itself . Not having any income during that time makes it much more life changing . Disability Insurance gives you the means to get through a difficult experience with fewer `` scars '' than you would without it . "}
{"input": "Why Do You Need Long Term Disability Insurance? ", "output": "Long term disability insurance is a way to protect your income if you become sick or hurt and are unable to work . Think about it this way , your income is very valuable . if you take your annual income and multiply it by how many years you are planning on working , this is how much your income is worth . For someone making $ 50,000 and planning on working for 20 years , their income is worth $ 50,000 X 20 . That equals , $ 1,000,000 . People buy long term disability insurance to protect that $ 1,000,000 . Please feel free to contact me if you have any questions ! "}
{"input": "How Much Life Insurance Can I Have? ", "output": "You can buy pretty much however much life insurance you are willing to pay the premium on in most cases . If you want more than 20-times your annual income you will need to make a case about your need for the coverage . Life insurance is not a lottery ticket . There has to be a need . "}
{"input": "I Had A Car Accident Will My Insurance Go Up? ", "output": "There are many thing to consider to be able to determine if the rate will increase . Each carrier rates differently . Some carriers you pay for accident forgiveness other carriers you have right from day one small accident forgiveness and you pay nothing for that coverage . Also what type of accident did you cause damages to others or just damage to your auto . Was it a Deer . In Most cases the rate will not increase as much as it would cost to repair the damages . I have even seen some carriers that do not run your motor vehicle report so if you had them as a carrier the rate would not change at all . Each state and carrier has different laws and rates . Talk to your agent or your carrier and they should be able to tell you . Also even if you have not reported the claim and decided to pay it yourself your agent or carrier should be able to tell you if it will increase . "}
{"input": "I Had A Car Accident Will My Insurance Go Up? ", "output": "Not necessarily . That will depend on the many factors that go into determining you premium . Just because you have had to submit a claim does not mean that your insurance rate will automatically increase upon your next renewal . If you already have an accident or ticket on your motor vehicle record less than three years old then you will more than likely see an increase at renewal , but that is up to the carrier . "}
{"input": "How Does It Work When You Have Two Health Insurance Policies? ", "output": "Usually the two policy 's would coordinate benefits , meaning they both would pay a percentage . You can not get more than the actual charges . It really does n't make since to carry two policies . There are some policies designed to pay in addition to health insurance but these are not true Major Medical , they are called indemnity plans . They help pay the expenses not covered by your health insurance such as deductibles , copay 's , and loss of time from work . "}
{"input": "Does Dave Ramsey Recommend Annuities? ", "output": "No ! Dave Ramsey is not a fan of annuities . Dave 's generic advice is to invest in `` good quality mutual funds , with a long track record '' and to stay invested , even through your retirement years . I happen to disagree with his advice , and with his stand on annuities . -LRB- For the record , I can show you mathematically how following his advice through any of the major market downturns we 've suffered would have left you dead broke . -RRB- You have to remember , an annuity , like any other financial product , has a purpose . The purpose of an annuity is , among other things , to provide a stream of income that is guaranteed . When used appropriately , an annuity can be a valuable tool . "}
{"input": "Does Renters Insurance Protect The Owner? ", "output": "If by owner you mean property owner , then no it typicallydoes not provide coverage for the owner . Renter 's insurance provides coverage for the insured and the insured 's personal property only . The owner of the premise should have their own insurance policy for the building . Ipersonally would recommenda landlord or owner of rental property should have as a requirement of renting that the tenant secure renters insurance before moving into the premise and carry coverage during their residence . "}
{"input": "Does Medicare Pay For Euflexxa? ", "output": "Medicare will pay for Euflexxa injections for the knee only . As with all treatments , it must be determined to be medically necessary to be covered by Medicare . Evidence of osteoarthritis of the knee is required by X-ray in order for Medicare to cover hyaluronan injections , of which Euflexxa is one . "}
{"input": "Does An HIV Test Affect Life Insurance? ", "output": "The test has no baring on Life Insurance . Testing positive for HIV after a Life Insurance policy is in force has no affect on the policy . Once the policy is issued the company can not change it because your heath has changed . Testing positive before applying for coverage will be a decline with most companies but not all . Testing positive during an Insurance exam will be a decline or at best postponed till you are rechecked by your own doctor . Being HIV positive will result in higher premiums and restrictions on the amount of coverage . However , you can get coverage . It is very important that you are completely honest with your agent before any formal application is submitted . An experienced agent will do an underwriting pre qualification with a company prior to submitting the application . "}
{"input": "Does An HIV Test Affect Life Insurance? ", "output": "These are good answers . Any health condition -LRB- not just HIV -RRB- that is expected to shorten your life will get you rated up or declined when applying for a life insurance policy . If you policy is already issued there is no health condition that will get your premium increased or would cancel your policy . That 's why it 's important to buy life insurance today rather than put it off until tomorrow . "}
{"input": "Does An HIV Test Affect Life Insurance? ", "output": "Yes , a positive result on an HiV test will effect your ability to purchase life insurance . At this time , I am not aware of any carrier that will underwrite anything more than a nomial face amount of coverage at a large price . In my state because of current insurance laws a positive result on an HIV test means a decline . "}
{"input": "Does An HIV Test Affect Life Insurance? ", "output": "Testing positive for HIV would very likely result in a decline for life insurance . As the medical advances for HIV and AIDS treatment advance , it could change how life insurance companies underwrite this risk . Understand that anything that affects a person 's expected life expectancy compared to the norm will determine the offer for life insurance . "}
{"input": "Does An HIV Test Affect Life Insurance? ", "output": "I specialize in HIV Life Insurance and most of the people I have spoken to think it is always better to be tested anonymously when you get tested because if you test positive then the chances are it will end up in your MIB file forever . As far as a HIV test for Life Insurance if you know your positive then do n't waste your time on a company you know tests for HIV . It is not a requirement for every company . I actually offer a Group Life Insurance policy through a membership that comes with $ 10,000 in life insurance and you can buy-up to $ 100,000 in $ 10,000 increments . It is very affordable and the only requirement is that you work 30 hours or more a week and live in the USA and not in AK , MT , SD , UT VT , or WA CONTACT me for more info "}
{"input": "Can I Rollover A Variable Annuity To A 401K? ", "output": "What you can and can not do is subject to the rules of the 401 -LRB- k -RRB- plan which was established by your employer . Get a copy of the plan to determine if you can do this . There are always alternatives but basically you want to preserve the tax identity of all retirement funds because there is different treatment in retirement for various sorts of funding . "}
{"input": "Can I Rollover A Variable Annuity To A 401K? ", "output": "Per IRS rules , you CAN NOT rollover a Variable Annuity to a 401 -LRB- k -RRB- . You can move a Variable Annuity into an Individual Retirement Account -LRB- IRA -RRB- however , turning non-qualified monies into qualified , meaning you have to follow the rules for IRA 's . I recommend that you reach out to your Representative who helped you set up your Annuity to talk about options you have available . Annuities have surrender charges which need to be taken into consideration . If you need a Representative , let me know . "}
{"input": "Is Eyelid Surgery Covered By Medicare? ", "output": "In some cases yes , some no . Your eye care provider will measure the droop in your eyelid -LRB- s -RRB- and advise you if surgery is warranted or not . Insurance carriers -LRB- including Medicare -RRB- have guidelines that must be documented before the surgery is a covered expense . Your surgeon will be familiar with the requirements and can advise . "}
{"input": "When Will I Get Medicare? ", "output": "Most will be enrolled in Medicare automatically at age 65 . If you have coverage under an employer group health plan you should take Part A and postpone enrollment in Part B and Part D . If you are on Social Security disability , and have been receiving SSDI payments for 2 years , you are eligible for Medicare before age 65 "}
{"input": "What Is Guaranteed Life Insurance? ", "output": "Guaranteed Life Insurance can refer to Guaranteed Issue Life Insurance . In that case , it is a policy that has no health questions and can not be declined for health reasons . Guaranteed Issue Life Insurance does have age limits . Guaranteed Life Insurance can also refer to a policy with premiums that are guaranteed not to go up , and face amount that is guaranteed not to go down , for the duration stated in the policy . "}
{"input": "What Are The Two Major Types Of Life Insurance? ", "output": "The two major types of Life Insurance are Term Insurance and Permanent Insurance . Term Insurance is very straightforward and there are not many variations . It is meant to satisfy the need for coverage on a temporary basis . Permanent Insurance comes in Whole Life , Universal Life , and Indexed and Variable options , among others . It is used for long term needs and some financial planning purposes due to its tax favorable status . "}
{"input": "What Are The Pros And Cons Of Long Term Care Insurance? ", "output": "The cons of owning long term care insurance are actually singular in nature if you can qualify for a healthy classification , the possibility of never using it . The statistics seem to suggest that senior couples will spend $ 250,000 in medical and extended care throughout their retirement . If those adds are correct , the pros of owning a long term care insurance policy is having those cost paid by the insurance company . "}
{"input": "How Is Medigap Funded? ", "output": "Medigap -LRB- Medicare supplement insurance plans -RRB- is a private insurance plan often purchased by individuals who are Medicare beneficiaries . Medicare Part A and Part B has deductibles , coinsurance and copay 's that become the responsibility of the Medicare beneficiary after Medicare has paid their portion . A good Medigap plan will protect the beneficiary from exposure to thousands of dollars in out of pocket liability for the approved but unpaid Medicare portion . Medigap is funded with premiums paid by the policyholder . #GeorgiaMedigapPlanRates #GeorgiaMedicarePlans #GaMedigapQuotes "}
{"input": "How Is Medigap Funded? ", "output": "Medigap is funded 100 % by your premiums . When you are Medicare eligible you decide if you want original Medicare and a Medicare supplement or if you want something else . If you want a plan that allows you to use any doctor , hospital or lab , you want original Medicare and a Medigap plan . "}
{"input": "How To Select A Home Insurance? ", "output": "Start by talking to local agents in your area , when you find one that you feel is knowledgable and that will look out for your best interest . Your local agent is your first point of communication if you should have any concerns about your coverage , claims , rates , or about other insurance coverages that are available or recommended for your cituation . "}
{"input": "Does Car Insurance Cover Windshield Replacement? ", "output": "Car insurance covers windshield replacement if you have comprehensive coverage on your car . If you only have liability , it does not . Comprehensive coverage may have a zero deductible , $ 50 deductible , or full comprehensive deductible on glass coverage , you 're advised to inquire about this before making a claim . Your agent or carrier would be able to advise on that . "}
{"input": "Can Renters Insurance Cover My Bicycle? ", "output": "Renters insurance is designed to cover sudden and accidental losses and will cover your personal property `` any where in the world '' . If your belongings are stolen or damaged away from your residence most policies cover up to 10 % . For example , if you have a Renters policy with the following limits : Personal Property = $ 20,000 Liability = $ 300,000 Medical = $ 1,000 Deductible = $ 500 If your bike is stolen away from your apartment you would have coverage up to 10 % or $ 2,000 . Keep in mind your deductible . In the example above you would receive a check for $ 700 - $ 500 = $ 200 . "}
{"input": "Does Home Insurance Cover Chimney Repairs? ", "output": "A homeowners policy pays for damages caused by named perils . Depending upon the individual policy named perils normally includes wind and lightning damage . However , coverage isnt extended to general wear and tear . A call to your insurance agent can probably clarify matters for you . "}
{"input": "Where Should I Get Homeowners Insurance? ", "output": "You should search Google local or Bing Local and find an Independent Insurance Agent in your local community . Usually an Independent Insurance Agent will represent more than one insurance company so you can get a few home quotes for comparison . When you receive the most competitive quote do n't forget to ask about the agent 's experience with company 's claim paying history . Price does matter but claim paying ability could be more important to you . "}
{"input": "Where Should I Get Homeowners Insurance? ", "output": "Check with your colleagues and friends . Get recommendations . Select an agent who will listen to you . Make sure that the agent provides accurate information to you and the insurance company . While price is important , having the correct coverage is more important . There may be discounts available based on your other lines of insurance and occupation . "}
{"input": "Where Should I Get Homeowners Insurance? ", "output": "I recommend you call a local independent insurance agent . An independent agent works with many different insurance providers and can shop for you the best rates and coverages to meet your insurance needs . Also an independent is primarily beholden to the client which is you and not the company so your best interest is always in mind . "}
{"input": "Does Medicare Cover My Spouse? ", "output": "If your spouse has worked and paid Medicare taxes for the entire required 40 quarters , or is eligible for Medicare by virtue of being disabled or some other reason , your spouse can receive his/her own medicare benefits . If your spouse has not met those qualifications , if you have met them , and if your spouse is age 65 , he/she can receive Medicare based on your eligibility . "}
{"input": "How To Document Belongings For Renters Insurance? ", "output": "There are several free home inventory programs out there that will help you gather the information about your belongings that are used in most cases to validate the worth of the property . Have pictures of your personal property is a great way to begin . Just remember you should also try to keep receipts , model , and serial numbers of major belongings . Try to keep your inventory up to date and keep at least one copy off site . "}
{"input": "How Much Does Life Insurance Cost For A Baby? ", "output": "Buying life insurance for a baby is a great idea . I wish more parents and grandparents did this . With whole life insurance you can lock in the very lowest rate possible , and keep that rate for the rest of the child 's life , regardless of ailments or future insurability . The cost for even the highest paying policy will be so low that virtually anyone can afford this . Later , as the child becomes an adult , they will be able to easily pay that locked in lowest rate ! Dollars a day . Thank you . GARY LANE . "}
{"input": "How Much Does Life Insurance Cost For A Baby? ", "output": "That is a great question , and you are doing a great job thinking about protecting your baby ! The premiums for a young child are very low , and by purchasing it now , you ensure that the rate never increases . Think of the thousands of dollars you just saved your child over the course of their lifetime ! I pay less than $ 10 a month for my kids ' insurance , and as Jason mentioned , the rider adding the opportunity to increase the coverage is a great thing to do - if your child were To develop some health issue during childhood , the rider will allow you to increase their coverage without the health issues being a factor . That can be a huge blessing . Great job , and thanks for asking ! "}
{"input": "How Much Does Life Insurance Cost For A Baby? ", "output": "It costs just a few dollars a month to buy life insurance for a baby . If you are buying under $ 25,000 you can expect to pay under $ 10/month for a Whole Life insurance policy for the child . If you add a child rider onto your own policy , you can cover multiple children for that one price . "}
{"input": "How Much Does Life Insurance Cost For A Baby? ", "output": "Not all insurance companies will issue life insurance on a newborn . Often they require the child to attain 6 mos . To 1 year . Since a child does not yet love , it is the love of the parent that would motivate the purchase of a policy . The people who might suffer at the death of a young child are the parents and it may be in their interest to purchase the policy . The low cost is a motivator but inflation might make the amount of insurance insignificant as the child becomes an adult . "}
{"input": "How Much Does Life Insurance Cost For A Baby? ", "output": "There are a couple reasons people will purchase Life Insurance for children , not matter how old . . First , is for the intent of Life Insurance , to provide a death benefit if something happens . From personal experience , losing a child takes a huge toll on your family . Having Life Insurance has helped to pay for final expenses and the time away from work . The second reason is to build an asset which you or they can access the cash value to supplement college education costs or a new car and even to start a plan for retirement . There are plans out there starting as little as $ 4 for $ 50k of term insurance . Let me know if you have more questions pertaining to a specific situation you are thinking of . "}
{"input": "How Much Does Life Insurance Cost For A Baby? ", "output": "As Peggy noted , it 's really cheap to buy life insurance on a newborn baby . The primary underwriting factor is the responses to yes or no health questions - there are no exam requirements for them because of their age -LRB- they 're babies ! -RRB- . Many parents look at buying a whole life policy because it 's very cheap and can be kept for life . A great rider to look at adding to a WL policy on a child is a guaranteed insurability option rider -LRB- GIO -RRB- - in short , this rider says that you can increase the face amount at certain intervals with no additional medical underwriting . Another option many parents consider is adding a child rider onto their own policy - this is a very cheap and easy way to add term coverage for your children . Let me know if I can be of further help . Thanks ! "}
{"input": "How Much Does Life Insurance Cost For A Baby? ", "output": "Not that much , but it is going to depend on how much you purchase . There are limits insurance companies place on child policies and they will want to know how much insurance you and your spouse have as well as any siblings . It is up to you on how much coverage do you want for your baby . Enough to cover a service , God forbid or enough to get a head start for down the road . For my kids , I chose the head start purchase which gave them a solid policy and options to increase coverage later , no matter their health . It was n't that expensive and years later , it has more than proved it 's worth in cash values . "}
{"input": "Can You Not Have Homeowners Insurance? ", "output": "Yes of course , provided that you do not have a mortgage . If you have a mortgage , then the finance sompany or bank will require you to have Homeowners Insurance as a condition of the loan , and to maintain it without lapse for the life of the loan . If you do not have a mortgage of any kind , then certainly there is no one looking over your shoulder requiring you to have it . In a case like that , should you risk everything you have worked so hard for by not having insurance ? My answer is a resounding `` NO '' ! Buy and maintain the insurance and live with peace of mind . "}
{"input": "Will Medicare Pay For Zostavax Vaccine? ", "output": "Only Medicare Prescription Drug Plans -LRB- Part D -RRB- or Medicare Advantage Plans will pay for Zostavax vaccine for prevention of shingles . Medicare Part B does not cover it . If you get a prescription for Zostavax , you can take the prescription to a pharmacy to have it administered . "}
{"input": "Where Can I Find More Income In Retirement? ", "output": "There are several steps that a retired person can take to increase their income . The first is to unretire . Retirement is overrated . Working has positive effects on a person and when the work is meaningful it can add years of enjoyment . It can certainly stretch your retirement budget . Even before you retire you can discuss this with your employer to determine if there is some way you can return to the workforce as either a consultant or contract worker . It would be best to determine which aspects of your work you enjoy and what type of projects you want to do . Enter into an agreement to work on those things that interest you . I know a teacher who shows up two periods of day to teach Physics and then gets in his car and drives home . He enjoys what he does and doesnt want to participate in the wider campus life . Sometimes it isnt possible to continue to work for your current employer . In those instances make an inventory of work in which you excel . Armed with that list contact people who need full or part-time help in your area of expertise and offer your services , or contract for your services . If you can not find an employer who needs your talents consider working for yourself . There are a variety of ways to advertise your skills and there are people looking for your talents . If you want to try something altogether new there are franchise opportunities available . These opportunities run the gamut from stores to on-line services and sales . Finding a program that suits your capabilities and temperament should be relatively easy . Some of these opportunities can become quite lucrative . I have clients who are leaving their employment long before retirement because their on-line sales business is flourishing . Obviously working provides income and it also reduces the number of years that you will depend upon your retirement savings to provide income . If you are drawing retirement income this will give you money which you can put into a Roth IRA to fund the period when you finally do stop working altogether . One of the most important things that working does is to allow you to delay receiving social security . For a long list of reasons it is usually to a retirees advantage to delay the start of benefits until they reach age 70 . The increase in benefits is substantial to the worker and to the widow it is amazing . Working provides a great deal of emotional satisfaction and a sense of freedom . Another technique to increase your retirement income is to tap into the equity of your home . Regardless of whether the mortgage is paid or not , you can take out a reverse mortgage after age 62 . A reverse mortgage will allow you to tap the equity in your home . This is a complex transaction and the only transaction that I can think of where an applicant must be counselled by a disinterested party . It is the right move for some , though and could make your retirement more comfortable . Another way to stretch your retirement dollars is to determine what you own of value that you no longer need . If what you own can be converted to cash it might help stretch your retirement income assets . Selling things on the internet is relatively inexpensive and can be quite fruitful . I advertised an accordion on the internet and was besieged with interested buyers . Estate sales demonstrate that there are things that are not being used by the retirees that are of interest to the public . Often cars are no longer being used , undeveloped land lies idle and jewelry lies unused in a safe deposit box . Another way to stretch your retirement income is to determine what services are available to seniors in your location that cost you money currently . Many places offer discounts and sometimes services can be free . Even utilities companies participate in programs to lower costs for seniors . With almost 50 % of retirees depending on Social Security for their retirement income it is very important to understand how you can stretch that income and even increase it . "}
{"input": "Where Can I Find More Income In Retirement? ", "output": "We actually never retire we just slow down statistics prove that stopping work increases our chances of death by 5 times so really retirement is a mind set if we plan and time is on our side we might want to volunteer our services at a non profit organization or church would be a good place to start . In the seed process time is our most important asset even over income but if there is a shortage even then we should tithe a 10th of our income and the word says he will open the windows of heaven and pour out a blessing that we want even be able to receive it all.So have an open mind to new ideas and maybe get involved in something you wanted to do in your 20 's or 30 ' but just felt there was either not enough of time or time and no money . "}
{"input": "Where Can I Find More Income In Retirement? ", "output": "That is a really good question ! More and more people are becoming worried that they will not have enough in the bank to live out retirement like they 'd hoped . There are a great number of things that you can do , many of which could depend upon where you stand financially now , and how close to/far into retirement that you are . Some simple steps ? 1 . -RRB- Eliminate as much debt as possible now . Eliminating interest on loans , credit cards , etc. will save you tons of money later on . Tightening the belt now and paying off those debts will free up cash later , when it 's needed . 2 . -RRB- Look at when you want to file for your SSI benefits to begin . If you or your spouse can hold off on starting the benefits , the payments when they do start will be larger . 3 . -RRB- Eliminate unneeded expenses , and downsize where possible . If you are living in a home that has become larger than you need , maybe downsizing the home or property could provide the money that makes the difference . 4 . -RRB- If there is available money to invest , then look at vehicles that might help down the road - annuities , or a Roth IRA that allows later distributions might be options . 5 . -RRB- Work , or making money off of hobbies is always a possibility . If you like to garden , grow vegetables to sell , or make flower arrangements , etc. that both gratify you , and add income . I wish that I had more information from you to work with in my answer , but I hope that there will be something here that will give you ideas , and hope . Thank you for asking ! "}
{"input": "Is Plumbing Included In Homeowners Insurance? ", "output": "It depends on the policy form of your homeowners policy . Check to see if you have an HO-3 or HO-5 policy form which is a special form policy or `` all risks '' . These policies cover water damage -LRB- not a flooding event from natural causes -RRB- from plumbing . Some policies are limited and may exclude water damage such as an Owner Occupied Dwelling Form 1 policy . Always ask your agent if you are concerned about water damage and if your policy covers some of your conerns . "}
{"input": "What Is Medicare Plan F? ", "output": "Medicare SUPPLEMENT plan F is a Medigap plan with very rich benefits . Essentially all Medicare approved Part A and Part B expenses that are not paid due to deductibles and coinsurance are covered in full by Medicare supplement plan F. Plan F is the most popular , most oversold and most expensive Medigap plan on the market . "}
{"input": "What States Have Their Own Health Insurance Exchange? ", "output": "The majority of states did not set up their own health insurance exchanges as Obamacare was being set up . But your question is harder to answer than you might expect because there are federal-state partnerships of one extent or another in 11 states . There are 13 states plus DC that set up their own plans . The rest are federally facilitated markets . The states that set up their own plans include CA , WA , ID , CO , MN , NY , VT , NH , RI , CT , VT , KY , VA , and DC . "}
{"input": "What Is Paid Up Insurance In Whole Life Policies? ", "output": "This is the amount of insurance that if you stopped making premium payments today and elected to take a paid up policy , you would have that amount of insurance for the rest of your life . A 20 pay life policy would be paid up in 20 years with no premium due after that time while the insurance is still in force . A whole life policy can have a reduced paid up option after enough cash value has accumulated in the policy to provide a paid up policy . This table can be found in your policy . A good agent can help review your policy with you to help you understand your non-forfiture options "}
{"input": "Is It Legal To Not Have Health Insurance? ", "output": "Yes it is legal to not have health insurance . However , a penalty is scheduled to begin in 2014 under the Patient Protection and Affordable Care Act that will impose the greater of $ 95 or 1 % of income as an additional tax to those who do not obtain health insurance . This penalty tax will increase to the greater of $ 695 or 2.5 % of income in 2016 . "}
{"input": "Can Life Insurance Be Paid To A Minor? ", "output": "Yes , a person under 18 can be the beneficiary of a life insurance policy . You should have provisions set up in your will to designate a guardian/trust to control the funds until he/she is old enough to claim them , otherwise a judge will decide who will be given guardianship.A life insurance trustcan be very useful in this instance if you want to control how and when the proceeds are paid out . Many times , a parent may want their child 's access to the monies be given in installments -LRB- e.g. giving a quarter of it to them when they turn 18 , a quarter when they turn 21 , a quarter when they turn 25 , and a quarter when they turn 30 -RRB- to make sure that the monies last and are not spend unwisely . "}
{"input": "Can Life Insurance Be Paid To A Minor? ", "output": "Yes , but only through an appointed guardian . So if you have a minor child you wish as your beneficiary , you should make sure that your policy lists the name of the person you wish to hold and use the money for the benefit of the minor . This is typically also done through a living trust . Thank you . GARY LANE . "}
{"input": "Can Life Insurance Be Paid To A Minor? ", "output": "Yes a minor child can be a life insurance proceeds beneficiary . If you plan to make the minor child the primary beneficiary , you should take these steps as well . You should have a will in place to name a trust or legal guardian to hold and disperse the funds until the child turns 18 years old . Otherwise a probate judge will decide the child 's guardianship . That court appointed guardian will disperse the funds . "}
{"input": "Can Life Insurance Be Paid To A Minor? ", "output": "Gener4ally if a minor is involved it is best to have life insureds proceeds held in a trust until the child 's 18th birthday . There may be exceptions to this depending on the circumstances . I generally do not recommend making a minor the beneficiarry of a policy because of the complications involved . "}
{"input": "Can I Add My Husband To My Medicare? ", "output": "Your husband will need to get his own Medicare insurance . However , if he does not qualify for free Part A because he has not worked enough years for that benefit , he can get free Part A based on your eligibility . He will need to be at least 65 to get Medicare , even you are already getting it . "}
{"input": "Does Car Insurance Cover Driving Abroad? ", "output": "That is a great question ! While you are able to drive in any State with your coverage , once you 've crossed the border , it 's not a safe bet that you are . Check with your agent before your trip , and find out exactly what is allowed . Canada might not be so much of a problem , but traveling to Mexico might be . And outside of the Continental borders will almost certainly be a no on coverage . Check with your agent , okay ? Thanks for asking ! "}
{"input": "Does Car Insurance Cover Driving Abroad? ", "output": "Most auto Insurance policies written in the US are valid in the US and Canada only . Read the territory definition of your policy to determine if Canada is covered . As far as other countries than the US and its territories -LRB- US VI , PR , Guam etc -RRB- the answer is almost always no . However you may be able to secure coverage through your umbrella policy . If you do not have an umbrella policy talk with your agent and see if you can obtain one . That is a potential source of coverage as the territorial definition is usually global , but then there are restrictions for auto use so you really need to talk with you agent about your specific umbrella and where you will be traveling . Places like Mexico can be exceedingly difficult since you are required by their laws to buy their liability insurance . What I tell customers is 1 -RRB- always buy at least the minimum limit of liability coverage at the rental counter in a foreign country -LRB- except Canada -RRB- . And then 2 -RRB- always have an umbrella and be sure to ask your agent about this issue with the umbrella before you buy it . Their is generally no uniformity in the way umbrellas treat this issue . "}
{"input": "Does Car Insurance Cover Driving Abroad? ", "output": "This is a crucial question in states that border the US and Canada and Mexico . There is usually coverage for operating your car in Canada and extremely limited coverage for operating your car within a few miles on the Mexico side of the US and Mexico border . All other countries , including Mexico require local insurance . Near the Mexican border agencies are established that specialize in this coverage . "}
{"input": "Which Life Insurance Is Best In Pennsylvania? ", "output": "The best life insurance in Pennsylvania is the one that best fits the budget and needs of the person purchasing it . What works best for a younger person may not even be available to a senior person , and vice versa . To find the best life insurance for you , contact a trusted website that offers life insurance in Pennsylvania , or visit a local agency that offers choices from many companies . Your agent should be able to lead you to a policy with a highly rated company that best suits your budget and needs . "}
{"input": "Which Life Insurance Is Best In Pennsylvania? ", "output": "There is no `` best '' of anything . What is `` best '' for you depends upon your insurance goals . No website can help you determine your goals . Speak with a broker in your area in person or by phone , who can help guide you in making the decision as to which is best for you . Your insurance goals , financial goals , age , health , are all important parts of the puzzle . "}
{"input": "Does Any State Not Require Auto Insurance? ", "output": "I believe 49 of the 50 states have a require for drivers to have auto insurance or show financial responsibility . Not have insurance puts you and your family 's financial future at risk . Insurance is very low cost compared with the alternative , which is you paying for any accident out of your pocket . Many accidents can run in the hundreds if not thousands of dollars without any physical injury to people . If there is a physical injury caused by the accident it is likely that the cost will start in the thousands . Do n't leave yourself or your family financially exposed . "}
{"input": "How Much Is Life Insurance In Colorado? ", "output": "Life Insurance rates in Colorado will in most cases be the same in any other states . The rates or premiums as they are referred to are determined by a number of factors including you age , if you smoke or not , what if any health issues do you have ? , If there are health concerns , how well are you managing them ie . are you following your doctors directions with the required follow up ? The amount of coverage will also affect the rates as well as if you are looking at a term or permanent coverage . Contact your local broker to get more specific rates for your specific situation . "}
{"input": "How Much Is Life Insurance In Colorado? ", "output": "The premiums for life insurance in Colorado vary widely . Age is big factor , as a younger person can get a policy at just a fraction of what a senior person would pay . Gender , health , tobacco , driving record , substance abuse , and dangerous hobbies or travel all affect the price . Then add to that the fact that shorter guarantees contribute to a lower price , and it truly is impossible to answer this question without more information . To find the cost of a Term life insurance policy in Colorado , you can go to a website that offers instant quotes and input different criteria . That will give you an idea of what prices are . "}
{"input": "What Is A Good Rate For Whole Life Insurance? ", "output": "What is a good rate for whole life insurance ? What ever you can qualify for is the correct answer . You are the discount . Your good health and good health history reduces the rate for whole life -LRB- actually all types of life insurance basically -RRB- and provides you the discounted cost you seek . So if you have taken good care of yourself , the best rates will be available to you . "}
{"input": "What Is A Good Rate For Whole Life Insurance? ", "output": "A good rate for Whole life insurance is the most affordable premium on a policy that meets all of your goals for coverage . There are many factors included in quoting a whole life insurance rate such as age , build , health status , occupation , life style and income to name a few . I recommend using an experienced independent broker to professionally shop the market and find the best product at the best price for your unique situation . "}
{"input": "Does Allstate Offer Home Insurance In Nebraska? ", "output": "Allstate does offer Home insurance in the State of Nebraska . They are a good company but do not be afraid to look at other companies . There are many that offer in this state you want to shop and find which one fits your needs and your price point . Have a nice weekend "}
{"input": "What Are The Costs Of Long Term Care Insurance? ", "output": "The costs of long term care insurance vary according to the region you live in , your age , your health , whether you use tobacco , the elimination period you choose , the length of coverage -LRB- or total dollar amount -RRB- you choose , the features of the policy , and other factors . Therefore , to find the cost of long term care insurance for you , it is best to contact a broker who can guide you through all the choices and help you select the one that best fits your budget and needs . "}
{"input": "How Do Private And Federal Long-Term Care Insurance Programs Work? ", "output": "First of all , there is no federal long-term care program . If a person is or becomes `` indigent '' by state standards , they may qualify to have their long-term care facility expenses paid for by Medicaid -LRB- Medical in CA -RRB- . There is a commission in Washington currently debating if there will be a federal long-term care program , but they will have no power to institute one and it 's doubtful that given our current budget deficit , a comprehensive program could be afforded by either the states or the feds -LRB- Medicaid is a jointly funded and administered medical program for the poor -RRB- . Private long-term care programs at this point in time consist of applying to an insurance company and going through full underwriting to determine insurability . If so , they are issued a long-term care policy of insurance . Only insurance agents that are certified to sell long term care -LRB- most states -RRB- can do so . There is a Partnership long-term care program in 36 states -LRB- plus charter Partnership programs still going in CA , CT , NY , and IN -RRB- . The state departments of health `` partner '' with the person with a Partnership-approved long-term care plan of insurance so that if they blow through the insurance policy maximum benefits and are still alive , the amount of the payout from the insurance company will increase the impoverishment threshold dollar-for-dollar for that person and if the insured 's personal non-exempt assets are lower than what the insurance company has paid out , Medicaid will take over payment of the person 's long-term care costs until s/he dies.Note that there are some limitations1 . The person needs to be in a facility for full payment of costs by Medicaid . -LRB- Home care reimbursement from Medicaid is under $ 300/mo . -RRB- 2 . A lien in the amount of money paid out by Medicaid is levied against the patient 's estate . -LRB- This is currently being debated and is a point of contention with some states and consumer groups . Whether it will actually be done is not certain , but it 's `` on the books '' . -RRB- 3 . While there is a promise that no discrimination will be made between `` Medicaid patients '' and `` paying patients '' in nursing facilities , audits of some facilities have found that there are , in fact , `` Medicaid rooms '' and regular rooms . When discovered , those facilities are supposedly ordered to make no distinction in treatment , care , or placement of patients based on their ability to pay.At this time , it is clear that there is a looming problem of how to take care of the elderly of the boomer generation as that demographic bubble passes through old age . And , though medical technology allows people to live longer , that life is not necessarily better . No solution has yet been proposed at the federal level . The problem will fall to Medicaid for now . Recent surveys have shown that only about 7-8 % of the population owns its own long-term care insurance . Some calculations indicate that Medicaid is solvent for only another 8-10 years as currently administered . "}
{"input": "What Do Life Insurance Agents Do? ", "output": "A life insurance agent provides coverage to families in the event of the loss of a loved one . This helps protect the family assets , as well as helps the family to maintain the lifestyle that their family has not only worked their whole lives for , but has become accustomed to . "}
{"input": "What Do Life Insurance Agents Do? ", "output": "Well , that is a great question ! As I think about it , I realize that I am 5 people rolled into one . -LRB- Perhaps that is why my wife keeps asking me Just who do you think you are ?! :-RRB- We are hunters . We love to go out and find people with whom we can do business . We are personal coaches . We help our clients clarify their values and set priorities . We are field underwriters . We prepare people for going through the formal application process . We are advocates . We fight tooth and nail to get an approval at the rate quoted , and to solve any and all problems that emerge along the way . We are family friends . Processing life insurance claims is hard on everybody . A death in the family is tough to deal with . We are there for the beneficiaries in any way they need - on top of delivering a check to them . "}
{"input": "What Do Life Insurance Agents Do? ", "output": "Life insurance agents wear many hats , especially if they work independently . They must first establish an office from which to work and meet clients . They must decide if they want staff to do their bookwork , and if they want to hire other agents . If so , they advertise for help , hire , train , and keep track of staff . They have to keep up continuing education , licenses , contracts and fees . They need to know their products inside and out and continually stay on top of the financial industry . They market their business , and if they sell face to face , get involved in things that help them meet new people . They help people find the right products , help them purchase them , and keep records of what they sell . That is a short , incomplete summary of what life insurance agents do . "}
{"input": "How Do Life Insurance Loans Work? ", "output": "You can often borrow money -LRB- in the form of a loan -RRB- from a life insurance policy . Typically , it is a whole life policy or another form of permanent coverage . Many years ago , the loan interest rate was 5 % or lower . The rates increased but have been reducing in recent years . Tax ramifications will also have to be considered anytime you withdraw funds from your contract . Your best resource for determining if it is wise to secure a loan from your policy is an experienced local full-time broker/agent . Typically , advertisers and marketers are not your best choice . "}
{"input": "How Do Life Insurance Loans Work? ", "output": "In order for permanent insurance policies to provide a level death benefit for a level premium money must be accumulated in the policy to be ready to pay the skyrocketing costs when people reach their average mortality . At that point half of the population is dying each year . Those funds are available to the policyholder as collateral for a loan . Those values are guaranteed in the contract . "}
{"input": "Why To Buy Long Term Care Insurance? ", "output": "The reason people buy Long Term Care Insurance is so that they have the resources to pay for home health care , assisted living care , nursing home care , or some other types of care that are needed if they are unable to take care of themselves independently . Some people with large estates get Long Term Care insurance because they do not want all their hard earned money or property go to paying a nursing home . Rates of $ 100,000 per year are not uncommon for skilled nursing care . In order to qualify for Medicaid to pay these expenses , resources must be spent down to almost nothing -LRB- if a spouse is at home , the spouse does get to keep half of the couple 's resources -RRB- . So having Long Term Care insurance to pay for these costs both helps preserve the estate and assists the spouse left at home , if applicable . One aspect of Long Term Care insurance that is not always considered is the freedom of choice that is offered to persons who carry insurance to cover chronic care expenses . If they have the right type of coverage , they can pay a relative to come live with them or choose home health care , if that works . If they must go to a nursing home , they have more choice in the facility they want to live in , versus having to go with the room arrangements or facilities that only Medicaid will cover . This is not to say that Long Term Care Insurance is for everyone . If you have very few resources and are already on Medicaid , or anticipate getting Medicaid benefits in the future , there is no need to purchase Long Term Care Insurance . And if you need to dip into grocery money , forego medical care , or lead a poor quality of life to pay for LTC insurance , that is not worth it . Consulting with agencies that can shop for these policies to get you the best rate , and also guide you through the decision whether and what to buy LTC insurance , is a great place to start . "}
{"input": "Who Gets Life Insurance If No Beneficiary? ", "output": "If there is no named , living beneficiary of the life insurance policy when the insured dies , the proceeds are paid to the estate . It is not an ideal outcome since this subjects the proceeds to probate which would not have occurred if there was a beneficiary . To ensure this does not occur , the policy-owner should name a primary and a contingent -LRB- back up -RRB- beneficiary and review the policy every three years with a life insurance professional . "}
{"input": "Who Gets Life Insurance If No Beneficiary? ", "output": "An alternative option is naming a trust as the beneficiary . This way you can outline the full line of beneficiaries in the order you wish . You will need to form a trust to do this . A living trust is a great document to have as it usually contains your will and medical directives as well . "}
{"input": "Who Gets Life Insurance If No Beneficiary? ", "output": "You always want to keep your beneficiary up to date . They may predecease you , so change them if that happens . That is the whole purpose of life insurance . If you fail to keep your beneficiary up to date , then the proceeds of your life insurance policy will go to your estate . It is the same as having no will or no living trust . It goes into probate -LRB- the court -RRB- and you must have the court decide where the money goes . This usually requires an attorney , at your family 's expense , along with court costs , and time , in California up to 3 years ! Do not do this to your family . Keep an updated beneficiary at all times ! Thank you . GARY LANE . "}
{"input": "Who Gets Life Insurance If No Beneficiary? ", "output": "That is a great question with a really bad answer . It is really important to name a primary beneficiary , and a contingent one , just in case . If there is n't a beneficiary , thenthe proceeds go into probate court . That can cost you up to 40 % of the proceeds -LRB- in Texas -RRB- and several years if it is contested . In any case it is a bad situation that is easily avoided . Call your agent and check the beneficiaries , the owner is the only one who can name them.Good luck , and thanks for asking ! "}
{"input": "Who Gets Life Insurance If No Beneficiary? ", "output": "If there is no beneficiary on a life insurance policy the proceeds go to the estate . This means normally tax free funds will now go into probate court and will be taxed with the assets of the estate . This is a very expensive mistake . As Gary pointed out ALWAYS keep your beneficiary up to date . This really defeats the purpose of life insurance by taxing a tax free asset . "}
{"input": "Is An Annuity Right For Me? ", "output": "David 's article is well written and the basic principles are the same in Canada , the design and tax regulations and advantages are of course very different . Accumulation annuities : Guaranteed Interest Annuities -LRB- GIA -RRB- - your money invested is guaranteed Guaranteed Investment Annuities -LRB- GIF -RRB- also referred to as segregated funds or variable annuities - your money is invested in equities and is not guaranteed . Since the products are issued under the insurance act they include maturity and death benefit guarantees , typically 75 % or 100 % . Payout annuities : You exchange a lump sum of money for a stream of payments for the rest of your life or for a specified number of years . Since they provide a guaranteed pension income they are often used by retirement income planners to cover fixed expenses . The guarantees , estate planning applications , potential creditor proofing and tax advantages are reasons why annuities are an important part of retirement planning . In Canada as in the USA , whether or not an annuity is right for you depends on your individual circumstances . Using an annuity strategy is not always complicated , it is however , often permanent . In most provinces in Canada , almost anyone can call themselves a Financial Adviser or Financial Planner . Look for an insurance broker with a professional designation like a Chartered Life Underwriter -LRB- CLU -RRB- or Certified Financial Planner -LRB- CFP -RRB- . Annuities are often used in combination to increase after tax income , guarantee income , address volatility , `` lock in '' gains , leave a legacy , ensure privacy and provide potential creditor protection . With their increased risk exposure protecting your retirement nest egg is of special importance if you are the self employed . You can find 16 `` I want to ... how do I '' examples at www.jpw.ca If you have further questions please contact me . "}
{"input": "Is An Annuity Right For Me? ", "output": "There is a calculator available on the internet called the Living to 100 calculator . Medical science is steadily increasing the life expectancy of the general population . If the calculator shows that you can expect to live past normal life expectancy , an annuity is going to make awfully good sense . An annuity is a contract with a life insurance company to exchange a sum of money for a lifetime of monthly payments . There are variations to meet your specific situation . If you are in pre-retirement an annuity can be used in most tax qualified plans . In these plans your risk tolerance should guide you to a specific plan that allows you to leave all the investment decisions to professionals or handle them yourself . The key is that the deposits in the annuity are a transfer of capital from current consumption to future consumption . The results of the annuity while important are not nearly as important as the decision to move assets from the present to the future . An annuity does this quite well . An annuity can also be purchased outside a qualified retirement plan . While losing some of the tax advantages of the qualified plan , the annuity still accumulates money free of current income tax and allows the owner a great deal of flexibility in drawing the annuity down . An annuity addresses the issue of excess withdrawal risk by making regular payments without the ability to raid the bank . Since excess withdrawals have ruined many retirement programs this is a very important issue . The monthly check is like a paycheck and the retiree learns to live within their means . An annuity addresses the frailty risk in that it is already established before the retiree becomes frail . It is very simple to negotiate and the retiree will not require any professional assistance to use the annuity . In the same vein it addresses the issue of Financial Elder Abuse because in most cases no one can access the funds , not even the annuitant . Other than a variable annuity , most annuities are not subject to market risk . Once the annuity starts to make monthly payments , they will continue for life regardless of the performance of the market . Annuities are also not involved with Interest Rate Risk Annuities can be established in such a way to efficiently handle the unexpected loss of a spouse . The annuity can be set up to pay the same or a reduced benefit for the lifetime of the surviving spouse . An annuity can be an efficient way to reduce stress in retirement . The results are predictable ; it doesnt require anything from the annuitant and will be there as long as the annuitant survives . An annuity is a contract that is executed outside the estate and can pass directly to the beneficiary without the time consuming probate procedures . This can provide cash for paying estate taxes or final expenses . An annuity is a very important part of the retirement income plan . It has its own tax regulations and may be instrumental in keeping taxes at a manageable level . The key is that it is a financial product that blended with others gives the diversification a retiree needs to handle the changes that they might experience . "}
{"input": "How To File A Life Insurance Claim? ", "output": "To file a life insurance claim , first call the life insurance company , or ask the agent who sold it to do so for you . Sometimes the funeral director will do this for you . They will send you a claim form . Send the completed claim form back with a certified death certificate . The insurance company will process it and send you a check . "}
{"input": "Why Would I Be Declined Health Insurance? ", "output": "There are any number of reasons why a carrier would deny your health insurance application . Most carriers do not issue coverage to those who are in the country illegally . If you are incarcerated or employed in a hazardous occupation you may be denied health insurance . The most common reason is the cost of your health care is more expensive than the carrier is allowed to charge to cover the risk . "}
{"input": "Where To Shop For Homeowners Insurance? ", "output": "I agree with my colleague . Start by talking to your Insurance Professional . If you do n't have one , referrals from your REALTOR or Attorney would be a great start . Certainly most major companies have an on line portal where you can go to begin to explore options , but it is always best to talk to a licensed professional about your specific needs . They can make the proper recommendations and answer any of your questions to make the purchase of your new Homeowners policy a smooth and easy transaction . Be sure to find out about any and all discounts that may be available . "}
{"input": "Where To Shop For Homeowners Insurance? ", "output": "The best place to shop for a homeowners insurance policy is with an insurance agent . If you dont know an agent , your friends , colleagues or neighbors will probably offer recommendations . An agent will listen to you , provide solid financial advice , and communicate clearly with you and the insurance company . Since setting limits is the most important part of this process , an agents advice could be critical . "}
{"input": "Would Renters Insurance Cover Tornado Damage? ", "output": "Great question ! I sincerely hope that you are n't asking because you have had that happen to you . In most cases the damage should be covered , but you will want to ensure that it is by reading the exclusions , but again , it usually is covered . If I can help in any way , please contact me . Thanks for asking ! "}
{"input": "What Will Happen To My 401K If I Die? ", "output": "Your beneficiary will receive the benefits as income and will be taxed as income it can still be held in the account or rolled over in another product if the plan is set up in the spouses name also such as John and Jane Doe keep in mind once the proceeds are out of the account and in the bank it is considered cash and will be considered income talk with a financial planner . See my website "}
{"input": "What Is Guaranteed Level Term Life Insurance? ", "output": "When a policy is designed to be `` Guaranteed Level Term '' it means that the premium that you pay for the coverage provided will remain the same for a specific time certain , guaranteed . Thes policies are usually offered in increments of 10 , 15 , 20 and 30 year terms meaning that the premiums are guaranteed to remain the same for the nomber of years you buy regardless of your increased age or any changes in your health . That having been said , at the end of that guaranteed term your premiums would more than likely substantially increase and would continue to do so as long as you maintain the policy in force . "}
{"input": "What Is Guaranteed Level Term Life Insurance? ", "output": "Guaranteed level term life insurance refers to the premium cost assigned to the policy for a specific period of time . For example a term life policy may have guaranteed level premiums for 5-10-15-20-25-30-35 years without increasing regardless of your change in health or employment . The life insurance company is assuming the risk . "}
{"input": "What Is Guaranteed Level Term Life Insurance? ", "output": "Guaranteed level term life insurance provides coverage for a limited period of time for temporary protection needs . The premium is guaranteed and level for the initial period of coverage which is generally from 5 to 30 years . After that , the coverage expires or may be continued for a much higher -LRB- usually cost prohibitive -RRB- , annually increasing premium . "}
{"input": "What Is Guaranteed Level Term Life Insurance? ", "output": "Term life insurance is temporary coverage to indemnify beneficiaries against economic loss at the death of the insured . T.E.R.M. = Temporary Expense Reimbursement Money . The term life insurance market offers guaranteed coverage for a specific duration of time : 5 , 10 , 15 , 20 and 30 years . "}
{"input": "How To Estimate Personal Property Value For Renters Insurance? ", "output": "You can estimate your personal property value by simply itemizing each and every belonging you have in your house , condo or apartment . You should try to establish the cost new on each item , although there is no guarantee that you will receive that amount . Then discuss your figures with an experienced broker who can provide the best course of action . "}
{"input": "How Much Does Smoking Increase Life Insurance? ", "output": "Smoking affects life insurance rates but how much depends on other health and lifestyle factors . In general , the premium for term life insurance for people in their thirties and forties is three times more for tobacco users than for non tobacco users . The factor widens on older individuals . For permanent -LRB- cash value -RRB- policies the difference is not as great . The kind of smoking or tobacco use affects rates , too . In recent years , a few innovative insurance companies have been offering non tobacco rates to cigar smokers and users of smokeless tobacco making their tobacco class rates effectively cigarette user rates . Celebratory cigar use e.g. once or twice a year at weddings , may even qualify at such innovative insurance companies for preferred non tobacco premium rates . "}
{"input": "How Much Does Smoking Increase Life Insurance? ", "output": "A smoker rating can cause a major increase in premiums . For example , a 40 year old male shopping for a $ 500,000 , 20 year term , would be quoted about $ 64.25 per month at standard non-tobacco rates . If that same insured was rated as a standard smoker , his monthly premium would be $ 177.92 per month . "}
{"input": "How Much Does Smoking Increase Life Insurance? ", "output": "Depending on the company the premium increase for smoking may be roughly 40-60 % of the regular premium . It seems the industry is not unsure that smoking causes premature death of insureds . The pricing reflects the databaseinsurance companies use for underwriting . One thing to consider with a smoker 's policy it does n't have to stay that way forever . You can quit smoking and save money by having them reclassify you as a nonsmoker . Depending on the company anywhere from 1 to 3 years from quiting . "}
{"input": "What Is The Best Way To Buy Life Insurance? ", "output": "The best way to buy life insurance is through a trusted life insurance agent . If you dont know an agent , get recommendations from your colleagues , neighbors and friends . A good agent will listen to you , provide sound financial advice and communicate clearly with you and with the insurance company . This agent should be able to match a plan that you need with one you can afford . "}
{"input": "What Is The Best Way To Buy Life Insurance? ", "output": "Life Insurance is one of those items that many people feel can and should be purchased online because it seem obvious to them that looking for the least expensive policy is in their best interest and easy to do . Unfortunately , this is usually not the case and ends up with the applicant either disappointed in their health rating or having to take multiple exams . An independent agent can not only help with the best value , but is paid by the insurance company , not the client . Agents come in all qualities from terrible to excellent , just as all professionals . Speak to friends or get a referral from someone you trust . You will be less stressed during the process and happier with the result . "}
{"input": "Can Retirees Deduct Health Insurance Premiums? ", "output": "Since the current tax law only allows health insurance premiums to be deducted by businesses or self-employed business owners . This leaves most individuals that have to pay for the cost of their premiums themselves having to do so with after tax dollars . Unfortunately , there is no additional provision that would enable someone that is retired to also pay their premiums with tax-free dollars . "}
{"input": "When Do I Need Disability Insurance? ", "output": "Disability insurance is part of defensive planning and should be considered as soon as you enter the work force . Most American workers have 90 days in cash reserve and could not maintain their lifestyle without income . Disability insurance is paycheck protection during times of protracted sickness and/or injury and can generate tax free benefits when you need it most . "}
{"input": "When Do I Need Disability Insurance? ", "output": "You need disability insurance as `` paycheck protection '' . You should look at your current monthly budget and determine what needs to be covered if you were to lose your paycheck due to an accident or illness . 1 in 4 20 year olds will go on disability before they retire from work . You should look at the your expenses and determine what is the net amount of income that I could get by on . Many people have disability insurance through their employeer . You have to be careful because this policy is usually paid `` pretex '' and is taxed upon your drawing income . You need to check your employeers policy to determine what your benefits are for disability . Business Owners can get a disability policy to pay for their business income . What would happen to your business if you could not do what you do daily to generate income . Would you need to hire somebody ? You can get a policy to cover this . Would your business stop working and revenue dries up ? You may be able to cover this . You need to work with an independent agent to compare the rates and benefits of multiple companies as they treat each situation different . An example would be a Physician who might be offered more income during their disability with a particular company . You would need to check to see if you receive benefits if you can not work your current profession versus working at anything . All paychecks need protection . You should have your evaluated and deceide how you would do if you became disabled . "}
{"input": "How Would A Medicare Voucher System Work? ", "output": "A Medicare voucher system allows Medicare beneficiaries to pick their coverage from a variety of options . In reality , a voucher system is no different from the way you pick plans now . Medicare beneficiaries can opt for traditional Medicare or may use taxpayer dollars to fund at least a portion of the cost of a Medicare Advantage plan . "}
{"input": "How To Tell If You Need Long Term Care Insurance? ", "output": "Based on the geriatric statistics of seniors in retirement you will need Long Term Care Insurance -LRB- LTCi -RRB- sometime during retirement if not before . LTCi benefits paid are not necessarily confined to extended care in a nursing home . The odds are much higher that youll use it for assisting home living . Unless your family history has a disposition of shortened life expectancy , youre probably going to live long enough to use it . The stats tell the story . "}
{"input": "Can You Buy Flight Life Insurance? ", "output": "There is such a coverage for flight insurance . It is known as common carrier accidental death insurance . It can be purchased online , through travel agents , insurance agents and even most airports . It is a very low priced high benefit life insurance that will only cover you for that particular flight and return flight . This is a very low risk policy for insurance companies hence the low premium . Flying is still the safest way to travel and very few policies every have a claim . "}
{"input": "Can You Buy Flight Life Insurance? ", "output": "That is a great question ! You bet there is , and insurance companies love to sell it ! The safety record for flights is really very good , and it is very rare when the company has to pay a claim , so they make a lot of money on these policies . Before you purchase one though , check with your credit card company - many times that is a perk they offer for free in their benefits package that everyone forgets about . Thanks for asking ! "}
{"input": "Can You Buy Flight Life Insurance? ", "output": "Flight life insurance is available . It is typically an short term policy that as the name suggests covers you while you are flying in the even of an accident . It is typically available from selected brokers , travel agents , and even is included on some credit cards . This is a type of accidental death insurance . If you have further questions , or feel I could be of assistance , please do not hesitate to contact me . "}
{"input": "What Do I Need For Disability Insurance? ", "output": "The first need for disability insurance is a job . Disability insurance is designed to protect your most valuable asset , your ability to earn a living . There are two basic types of disability insurance , short term and long term . Short term is primarily used in case of a brief illness or injury to be able to have funds coming in to meet everyday bills . Long term disability is meant to supplement an income for years after becoming permanently or long term illness or injury . "}
{"input": "Why Is Disability Insurance Important In Financial Planning? ", "output": "Disability insurance is important in financial planning because , without it , there may not be income to invest or save . The loss of a paycheck due to disability disrupts even day to day living , and much more so , long term goals . Disability replaces income in place of a disability , an important part of most financial plans . "}
{"input": "Why Is Disability Insurance Important In Financial Planning? ", "output": "In order to plan your finances , you have to have an income . If you become disabled and can no longer work , you no longer have an income -LRB- minus any passive income -RRB- . Disability Insurance ensures that you will continue to receive an income while you are unable to work.Many people think , well I have a savings account to back me if something like that should happen . But the average long-term disability claim is 31.2 months -- would your savings last that long ? "}
{"input": "What Is The Best Age To Start Long Term Care Insurance? ", "output": "Many brokers believe that the best age to start Long Term Care Insurance is prior to age 50 , because premiums are lower at younger ages , and because most people do not develop serious health conditions until after that age . However , most people do not think about LTC insurance until older . As long as you can qualify for it medically , there really is no bad age to purchase Long Term Care Insurance . "}
{"input": "What Percentage Of Term Life Insurance Pays Out? ", "output": "Most term life insurance expires before the life insured does ! The statistics are not generally shared by carriers and tend to vary from company to company . The consensus it is it less than 5 % and probably under 1 % in many life insurance companies . Most policies expire or are converted to permanent before the expiry date . "}
{"input": "What Percentage Of Term Life Insurance Pays Out? ", "output": "If people pass away while holding active Term life insurance policies , their policies will pay out nearly 100 % of the time . The exceptions would be suicide during the first two years , or having filled out the life insurance application fraudulently during the first two years , just as with Permanent life insurance . Also , unless their policy is graded during the first years and death occurs during the graded period , the Term life insurance policy will pay 100 % of the death benefit . When comparing the % of the number of life insurance policies purchased with the number of persons who actually passed away while their Term policies were in effect , the % is small . But for those who passed away while having Term life insurance , pretty close to 100 % of them had 100 % of their death benefit paid to their beneficiaries . And that is why people buy life insurance . "}
{"input": "What Percentage Of Term Life Insurance Pays Out? ", "output": "The number of term life insurance policies that expire before the death of the insured is simple to determine . If you look at a mortality table and see how many people your age are expected to die in the coming year , you will have an idea of what percentage of one year term policies would have expired without paying a death benefit . Look at the same table for ten , or twenty years to get an idea of the probability that a policy will pay a death benefit . Dont forget that term insurance is frequently purchased by younger people . "}
{"input": "Where Can I Verify Medicare Eligibility? ", "output": "You can verify Medicare eligibility at WEBSITELINK . There are also a number of websites created for that purpose , such aswww.checkmedicare.com . If you would rather call than use a website , you can call the Centers for Medicare and Medicaid Services at 1-800-MEDICARE -LRB- 1-800-633-4227 -RRB- . "}
{"input": "How Are Fixed Annuities Guaranteed? ", "output": "A non-qualified , tax deferred fixed rate annuity is only as guaranteed as the contract provisions outline and is only as good as the annuity insurance company that issued the contract . That being said , many financial stable annuity insurance companies offer a non-qualified tax deferred fixed rate annuities , generally at 5 , 7 and 10 year periods . "}
{"input": "What Is On A Life Insurance Application? ", "output": "All life insurance applications ask for name , address , SSN , face amount , beneficiary , means of payment , and signature to agree to the terms of the contract . If it is a guaranteed issue policy , that is about the extent of the application . Simplified issue life insurance will ask a limited number of health questions in addition to the above . Most policies of this type will also ask if a policy is being replaced as a result of this transaction . Fully medically underwritten policies include all of the above , plus more detailed health questions , employment info , income , net worth , family health history , smoking history , whether the applicant indulges in dangerous hobbies , substance abuse questions , driving record , crime record , and names and addresses of doctors and medical records . Medically underwritten policies also request permission to do the HIV test . "}
{"input": "What Is On A Life Insurance Application? ", "output": "A life insurance application requires sufficient information to positively identify you . The application also identifies the plan and face amount that you desire . It positively identifies who will receive the proceeds , and if they dont survive , who will be a contingent beneficiary . The application may include sufficient medical questions to get a good idea of your general health and then the application includes releases so that additional information can be gathered . "}
{"input": "What Is On A Life Insurance Application? ", "output": "Each carrier 's application is different , but you can generally expect to find the same types of sections on each including : 1 -RRB- General information section -LRB- e.g. name , address , social security number , phone number , occupation , etc. -RRB- 2 -RRB- Plan Information -LRB- where you enter in what coverage you want to apply for -RRB- 3 -RRB- General information questions 4 -RRB- Health information questions 5 -RRB- Trust information -LRB- if applicable -RRB- 6 -RRB- Replacement form -LRB- to be used if replacing existing coverage -RRB- 7 -RRB- Authorization forms -LRB- including HIPAA forms , Blood test form , etc. -RRB- 8 -RRB- Supplementary Forms -LRB- e.g. foreign travel form , medical condition specifications , alcohol/drug usage , tobacco usage , etc. - generally only needed for certain histories or if requested by the carrier -RRB- . I always recommend to my clients to let me go through the application with them to make sure everything is in good order so you do n't have to redo any paperwork or chase down clarifications later . "}
{"input": "What Is The Average Cost Of Life Insurance Per Month? ", "output": "It depends on how good your health history and current medical condition is as well as your gender , age and smoking status . Most term life insurance is offered in increments of 5 , 10 , 15 , 20 and 30 years with a guaranteed level premium . Other considerations are motor vehicle violations , hazardous job or recreation . All these items can contribute to the premium . A nonsmoking super preferred male or female age 25 will pay less than $ 100 a year for $ 100,000 of ten year term life insurance . "}
{"input": "When To Buy Auto Insurance? ", "output": "When should you buy auto insurance ? If you are currently uninsured , now is the time to get covered , considering the fines , penalties and possible license suspension risks . Your rate may be lower than you realize when you utilize an experienced online broker and their website . It 's important to secure the best coverage at the lowest available rates . Experienced broker shop the major companies for you and allow you to quickly compare the best prices and get covered ! "}
{"input": "Is Bat Removal Covered Under Homeowners Insurance? ", "output": "Generally any animal removal is not covered . However , there are MANY different insurance companies , and they all have different rules for coverage , so it is possible but not likely for it to be covered . The best thing would be to call your local insurance specialist and ask if it is covered under your policy . Thank you for asking ! "}
{"input": "Does Homeowners Insurance Cover Lost Jewelry? ", "output": "Jewelry is personal property and is covered by a homeowners policy . Most homeowners policies limit the recovery on jewelry and many offer a floater that provides worldwide coverage without a deductible for jewelry . There is an additional charge for that coverage . If jewelry is lost or damaged and not included in a floater , it will be adjusted on the replacement or depreciated value depending on the type of personal property coverage elected . The result will be reduced by the deductible . "}
{"input": "How To Compare Health Insurance Rates? ", "output": "The best way to compare health insurance rates is to utilize an experienced broker that also has a top-rated and reliable website . You will save frustration , time and money by allowing a professional search , compare and present to you the best individual and family healthcare options in your area . That 's our job -LRB- as experienced brokers -RRB- , and by understanding new legislation , how Exchanges work , and how to maximize the federal subsidy , a consumer can be assured of receiving the best pricing and service . "}
{"input": "How To Compare Health Insurance Rates? ", "output": "There 's many factors to consider when looking at health insurance . It 's not as simple as just seeing who 's cheapest . You also want to compare the benefits as well as the deductibles , coinsurance and copayment amounts , and the maximum out-of-pocket expenses . I always recommend consulting with an experienced broker when you 're looking for health insurance coverage . We have an in-depth knowledge of products from multiple carriers and can help determine which plan is most appropriate for your needs and your budget . Please let me know if I can be of further assistance . Thanks very much . "}
{"input": "Does Disability Insurance Cover Death? ", "output": "Right Peggy !! The `` death benefit '' inside a disability policy is usually limited to a few months worth of the `` Monthly Benefit '' . So if your benefit is $ 3,000 a month , then you might get 3 , 6 , maybe 9 thousand in a death benefit . LOOK AT THE LANGUAGE . Does it pay ONLY AFTER you have met an elimination period or is it an immediate benefit ? Disability is a very important plan to own . Yet , I know that buying life insurance , buying disability , buying long term care , buying critical illness , & then buying home , auto , umbrella , & more can be very overwhelming ... . You might consider buying a Living benefits & / or Hybrid Life insurance plan ... These are life insurance plans that you can use BEFORE you die . I have a massage therapist that owns a plan with a death benefit , a $ 30,000 critical illness benefit , and has a $ 1000 a month disability benefit . She pays about $ 43 month for all of this . PERFECT for single mom with a modest income . YES ... standalone Disability has more features and better terms ... yet the all in one plan allows her to cover a critical illness , a disability , & early death . Reach out with questions :--RRB- - gravy "}
{"input": "Does Disability Insurance Cover Death? ", "output": "Some Disability Insurance policies will pay a survivor benefit if the insured person dies . This can go to a surviving spouse or children . Certain conditions must be met for this benefit go kick in . However , Disability Insurance is primarily designed to make payments to the insured person while they are still alive , but disabled . Life Insurance is what covers death . "}
{"input": "Does Disability Insurance Cover Death? ", "output": "That is a great question ! You will have to look at the specifics of your policy , it might , but typically a disability policy will not . These policies are designed to help pay expenses while you are injured or sick , and have no need to pay if you have passed . An accidental death and dismemberment policy will pay upon your death , but only under a strictly defined cause of death . If you have a stroke and pass , for example , it would not pay . A life insurance policy is designed for that . I hope that helps , thanks for asking ! "}
{"input": "When Is The Best Time To Buy Life Insurance? ", "output": "The best time to take out a life insurance policy is when you are young and your health is good , because the cost will be lowest at that time . That being said , if you missed that window , there is no time like now to purchase life insurance and protect those you love from financial hardship upon your death . "}
{"input": "When Is The Best Time To Buy Life Insurance? ", "output": "In the life insurance business youth and health are really important . Buy life insurance when you are young , and you will never be any younger than you are today . Most people who really want to buy life insurance cant due to health conditions . Dont wait to get sick or have your first heart attack , get the life insurance that you want from a trusted agent , one who will listen to you , offer sound financial advice and communicate clearly with your and the company . "}
{"input": "Is A Slab Leak Covered By Homeowners Insurance? ", "output": "If the cause of a slab leak is a named peril the leak will be covered . In an all-risk policy that includes every conceivable cause of loss except those specifically excluded . Some of those exclusions could cause a slab to leak . There isnt coverage if the slab leaks because of underground water , or earth movement . If the crack was the result of settling , cracking , or shrinking the claim would not be covered . "}
{"input": "How Is Homeowners Insurance Calculated? ", "output": "How your homeowners insurance premium is calculated will more than likely vary from carrier to carrier , based on many factors . Some of the major factors that help determine your rate are geographic location of the premise , the age of the premise , the architecture of the premise and materials used to construct it , the valuation of reconstruction of the premise and claims history of the insured just to name a few . Contact a local agent to discuss the information that they need to provide you with a quote . "}
{"input": "What Does Medicare Cover For Home Health Care? ", "output": "If prescribed as reasonably and medically necessary , Medicare covers home health care in the following ways : 1 . Skilled nursing care 2 . Physical therapy , occupational therapy , and speech-language pathology services 3 . Medical social services 4 . Medical supplies It will not cover 24 hour per day care or homemaker or personal care services , if those services are the only care needed and not necessary for one 's plan of care . "}
{"input": "Is Banner Life Insurance A Good Company? ", "output": "Banner life insurance is a great company and they are part of the Legal & General of America companies . Banner started in 1949 as Government Employees Life Insurance Company -LRB- GELICO -RRB- . AM Best rates Banner life insurance A + which is a measure of its financial strength . They often have some of the least expensive term premiums and I personally use them very often . "}
{"input": "Is Banner Life Insurance A Good Company? ", "output": "Banner Life is a very good company . I have had a contract with them and know them to be very competitive and very financially sound . Check the AM Best Ratings of any company you look at . They should have at least an A rating . There are many good companies out there . If you like the Banner Life plans then you should n't lose any sleep if you go with it . "}
{"input": "Is Banner Life Insurance A Good Company? ", "output": "I believe that Banner Life Insurance Company is a good company . They offer very competitive premiums , are willing to do underwriting for a variety of health conditions , offer a nice assortment of products , and are reputable . They sometimes are referred to by the name of their parent company , L&G . "}
{"input": "Why Do People Take Out Life Insurance? ", "output": "People take out life insurance to ensure that their survivors will be taken care of financially . Those who get life insurance know that life insurance is not only a means of survival , it is a love letter to those left behind . Life insurance can do everything from feeding small children left fatherless by a car accident , to affording an elderly widow the luxury of someone making him a home cooked meal three times a week . That is why people take out life insurance , among many other reasons . "}
{"input": "What I Need To Know About Auto Insurance? ", "output": "There are two basic parts to an auto policy . There is a liability section which provides protection should you be sued as the result of operating your automobile . There is a physical damage section which repairs or replaces a vehicle should it be damaged . Each of these sections has limits of coverage or deductibles . There are also additional coverages which can usually be selected such as roadside service . "}
{"input": "Does A Whole Life Insurance Policy Have A Cash Value? ", "output": "Absolutely . Wait a year or two and it will accumulate value . That is a major reason folks go with whole life . Another variation is a permanent equity indexed universal life policy . They accumulate value , usually at a much higher rate , and with the right one , they never go down , since they have a guarantee of zero loss each year . Only a few firms offer these . You should talk with your agent . Thank you . GARY LANE . "}
{"input": "Does A Whole Life Insurance Policy Have A Cash Value? ", "output": "Because a whole life policy is designed to last a lifetime at a level premium it develops a reserve or cash value . In the early years of the policy the premium will be higher than a similar term policy ; however , in later years it will be lower . That cash value can be used to provide collateral for a policy loan . It is the surrender value of the policy . "}
{"input": "Does A Whole Life Insurance Policy Have A Cash Value? ", "output": "Yes , whole life does accumulate a cash value . However , depending on how your life insurance agent set up your premiums it can take a few years . Usually the first 5 to 7 years are paying for the cost of insurance and the cash will accumulate very slowly in early years . There is a page in your whole life policy called the illustrations page . This is a chart of cash value from year to year of the cash value accumulation . "}
{"input": "When Does Life Insurance Start? ", "output": "While the definition is and seems simple , there is no more trickier issue in life insurance than when coverage starts . Most policies define start of coverage to be when the application is accepted and approved , payment is received and no outstanding policy delivery requirements remain outstanding . Interestingly enough , no agent has any binding authority with life insurance , which tells you right there how strictly the start-of-coverage rules are with life insurance . One word of advice : once you think your coverage is in force , ask for a note or letter stating so . Never assume that your coverage is in force until and unless all 3 conditions above have been met . "}
{"input": "When Does Life Insurance Start? ", "output": "Life insurance starts when the policy is paid and `` in force '' on the books of the insurance company . This assumes that the policy in not a graded benefit policy which generally goes into effect after 21 years , or a `` guaranteed issue '' policy which has the same exclusions . On regular life policies , a death benefit will be paid during the first 2 years except for fraud in the application or suicide of the insured . "}
{"input": "When Does Life Insurance Start? ", "output": "Life insurance will start on the desired effective date of the application provided the application has been approved , rate-ups , riders or any other policy changes have been accepted and premiums are paid . Since most life insurance companies require first months premium submitted with an application , once approved the policy will go into force . "}
{"input": "When Does Life Insurance Start? ", "output": "In Canada , with the majority of companies the life insurance policy officially starts after than policy is delivered to the owner and there are no delivery requirements outstanding . If there has been a chance in health since the application was taken then the policy has to be returned to the insurance company for review . If some basic requirements are met then a temporary insurance agreement can be issued that lasts for s a stated period of days while the policy is being underwritten . As mentioned by Robert , do not assume ask and get it in writing . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "When Does Life Insurance Start? ", "output": "Great question ! The simple answer is once it has passed through the underwriters and the policy is approved ; your payment -LRB- which can be paid up to 30 days from the date the application is signed for some companies , btw -RRB- has been received and processed ; and you have received and returned the `` receipt of policy '' notice that some companies will require . After those things have been accomplished , your policy will usually be in effect . Some States have rules that can affect when coverage begins also . The best thing to do is to call as soon as you see the first payment has cleared , and have them tell you the policy is active . I hope that helps , if you have more questions , contact me , I 'm happy to help . Thanks for asking ! "}
{"input": "When Does Life Insurance Start? ", "output": "For the consumer , most companies provide a conditional receipt which places all or some of the coverage in force on the date of application . It is called conditional because the case must still qualify to be issued . If the cause of death is accidental , that requirement is often waived . Otherwise it is the date when the company accepts the risk and the insured pays the initial premium . "}
{"input": "Is Eylea Covered By Medicare? ", "output": "In South Carolina there are several medicare companies that pay to offset yuor total cost of replacing yuor glasses . Original Medicare does not . Medicare Advantage also pays for glaucoma screening and cataract surgery . I do not mean to make this sound like I am recommending that you buy a Medicare Advantage plan because I still think if your budget will allow you to stay with original medicare and have a medicare supplement it may be to your advantage because once you switch to medicare advantage and then wish you had stayed with original medicare you will have underwriting questions "}
{"input": "Is AD&D The Same As Life Insurance? ", "output": "AD&D is short for Accidental Deaty and Dismemberment . This means that if you die due to an accident this insurance may pay a death benefit . If you lose a leg , arm , hand , etc. and survive the accident there may be a benefit paid to you . Life insurance differs in that it pays the face amount when the insured dies providing the cause death was not excluded in the insurance policy . Keith Prim - Dallas , TX 214-435-0791 "}
{"input": "Is AD&D The Same As Life Insurance? ", "output": "No , AD&D , Accidental Death and Dismemberment Insurance , is not the same as Life Insurance . AD&D only covers death or dismemberment that occurs as the result of an accident , such as car accident or falling off a ladder . Life insurance covers death due to all types of illness and all types of accidents . It even covers death by suicide after the first two years . "}
{"input": "Is AD&D The Same As Life Insurance? ", "output": "Great question ! And the answer is no ! Many people believe that an AD&D policy is a cheap way to insure themselves if they were to pass , but these policies most often do not cover any form of death by illness , and often have strict definitions of what an accident is . For example , you are bitten by a spider , and the bite causes an allergic reaction that kills you . The bite certainly was n't intentional on your part , but does n't qualify as an accident in most cases in the eyes of the insurance company . There would be no payout in this case . The life insurance policy would have paid , however , as there are very few exemptions that would disqualify payment . I know that can seem confusing , but if you need more information , please contact me , and I 'll help with whatever questions you have . Thanks for asking ! "}
{"input": "Is AD&D The Same As Life Insurance? ", "output": "No , AD&D is not the same as Life Insurance . Accidental Death and Dismemberment Insurance only pays if death is cause by an accident , or if a limb is lost due to an accident . It will not pay if a person dies from illness or old age . Even if the accident is cause by illness -LRB- e.g. getting in a fatal car accident while having a heart attack -RRB- , an AD&D policy will generally not pay the death benefit . Life insurance pays for death cause by illness or by accident . Since most death occurs by natural causes , more death benefits are paid , and the policy has a higher premium than AD&D . But the chance of having a permanent Life Insurance policy pay out is nearly 100 % , where the chance of ever collecting on an ADD&D policy is very low . "}
{"input": "When Is A Life Insurance Policy Effective? ", "output": "A life insurance policy becomes effective on the effective date . That is the official date that the policy is issued by the insurance company . In order to be issued , the insurance application must be reviewed and approved by the company 's underwriter . Once the underwriter gives the okay , coverage goes into effect . "}
{"input": "How To Cash In A Paid Up Life Insurance Policy? ", "output": "To cash in a paid up life insurance policy , contact the company that has issued you the policy . They will provide you with a form that you can complete and sign to perform this action . Before you do that , you may want to inquire about taking a loan against your policy . That way you can keep the death benefit protection but still get use of the cash value . "}
{"input": "What Is Considered Full Coverage For Auto Insurance? ", "output": "Full coverage for auto insurance will typically include property damage coverage , bodily injury coverage , medical payments coverage , collision coverage , other than collision -LRB- comprehensive -RRB- coverage , rental car reimbursement coverage , and towing coverage . Collision and other than collision typically have policy deductibles associated with them from none up to two thousand five dollars per claim . "}
{"input": "What Exactly Is A Medicare Advantage MSA? ", "output": "Medicare Advantage MSA is a rare duck . Essentially a high deductible Medicare plan coupled with a savings account ... much like the HDHP + HSA for the under age 65 crowd . With the Medicare MSA you enroll in a high deductible Part C plan that does not pay until you have satisfied your deductible . You have the option of funding a tax favored savings account to cover some of your out of pocket expense . "}
{"input": "Does Medicare Cover Erectile Dysfunction Pumps? ", "output": "Medicare does cover vacuum erection systems -LRB- VES -RRB- , believe it or not , if you have a medical condition . These pumps are recognized as a treatment device for erectile dysfunction . This may change in the future though as there have been reports in the media that Medicare may consider changing the coverage parameters for this type of item or possibly not cover it at all . I would recommend checking with Medicare before buying one if you want to see if it 'll be covered . You can always pay for it out-of-pocket though . "}
{"input": "What Does Life Insurance Cash Value Mean? ", "output": "Whole life insurance policies also known as permanent insurance along with some other types of products such as universal life insurance build up a cash value after the insurance has been in force over an extended period of time . The cost per $ 1,000 of coverage is more expensive than term insurance and part of the premium is credited to the insureds cash value account . Keith Prim Dallas , TX 214-435-0791 "}
{"input": "What Does Life Insurance Cash Value Mean? ", "output": "Permanent life insurance , such as whole life and universal life are comprised of two parts . One part is the pure insurance , or death benefit . The other part is the cash or accumulation account . When you pay your premiums , part of your premium goes to pay for the death benefit , the internal cost of insurance . The remainder is credited to the cash or accumulation account -LRB- minus a small expense deduction -RRB- . This account grows by additions from the insurance company in the form of interest or dividends . Universal life policies earn interest while whole life policies are paid dividends . This interest or dividend is dependent on the performance of the insurance company 's investments and can change year to year . Just like any other accumulation account , the larger the amount the faster it grows . So , at the beginning of the policy it grows rather slowly and , as the account receives more deposits it , grows more quickly . With life insurance , you wo n't receive a 1099 at the end of the year . The tax is deferred until you withdraw it . Then , the withdrawals are considered paid premiums first , until you 've withdrawn as much as you 've paid in . Only after that will withdrawals be taxed at your current income tax rate . This tax deferral is one of the great things about life insurance . You also have the ability to take a loan against the cash value in your life insurance , usually at a very low rate and this does not trigger income tax . Lastly , for a long term need , permanent insurance is the least expensive way to purchase life insurance . Over time , the cash value will grow and will eventually be more than what you 've paid making it essentially free , or better . If this interests you , find a good agent you can trust and he/she will help you put together the right plan for you and your family . "}
{"input": "What Does Life Insurance Cash Value Mean? ", "output": "Thisis the value added to your account as you pay premiums . Initially as you pay into your policyyour cash value will not make any gains . However after a few years this amount will add up and gains are exponential . The average rate of interest is about 3 % . Read Bank on Yourself and purchase a policy from a mutual company . Use the funds as you see fit . Marc Crolius 877.894.4643 "}
{"input": "Can You Withdraw Annuities? ", "output": "Most Deferred Annuities allow you to withdraw a certain amount free of surrender charges . Many allow 10 % free each year . Others allow 5 % or whatever interest has accumulated . Ask your agent or read your contract to find out the specific amount your annuity allows . An Immediate Annuity is usually more restrictive when it comes to withdrawals . It is usually only advisable to take withdrawals from an immediate annuity in the event of an emergency . But since an immediate annuity pays a monthly or yearly income , it is usually rare that people access any withdrawal features . "}
{"input": "How Much Life Insurance Can I Afford? ", "output": "Life insurance can be designed to fit virtually any budget . It is definitely more affordable the younger you are so start early and do so before your ability to qualify medically changes . If your budget is tight , term insurance may be a place to start . For example , for about a dollar per day , a 35 year old in excellent health could buy $ 500,000 of 20 year term life insurance coverage . You can later convert it to permanent coverage , without having to prove you are insurable , when your budget allows for the higher premium . Then you can have coverage you can not outlive . "}
{"input": "How Much Life Insurance Can I Afford? ", "output": "Can you afford not to be covered ? Term life insurance can be purchased as short a period as five years . Some term life insurance companies also sell annual renewable term life insurance coverage . The only real issue here is your medical condition , can you obtain affordable coverage ? Your employer may offer group life insurance , possibly part of your benefits for free or group term life insurance . "}
{"input": "Does Allied Auto Insurance factor in DUIs that are more than 3 years old in California? ", "output": "All auto insurers in California are subject to prop 103 laws and guidelines . This means a DUI is chargeable for 3 years , however the person in question with the DUI will not be a California good driver for 10 years . California good driver is a 20 % discount that would not be available by any Insurer operating in California . Not being a good driver in California can potentially make you unacceptable by certain carriers that will only accept California good drivers . Work with many Insurers including Allied and depending on your situation Allied most likely will accept you as an insured but you will not get the good driver discount . "}
{"input": "Do I Need Medigap Coverage? ", "output": "That is a question only you can answer . Consider this . Medicare has two parts . Part A -LRB- hospital -RRB- and Part B -LRB- outpatient -RRB- . Medicare only pays about 80 % of the cost of your care , you pay the other 20 % . Your financial responsibility is unlimited . If you are comfortable with paying large deductibles for hospital admission and 20 % of outpatient charges you may not need a Medigap plan . The per admission Medicare Part A deductible is $ 1184 . The Part B annual deductible is $ 147 followed by 80 % coinsurance . -LRB- Medicare pays 80 % , you pay the balance -RRB- . #GeorgiaMedigapPlanRates #GeorgiaMedicarePlans #GaMedigapQuotes "}
{"input": "Why Buy Medigap? ", "output": "Original Medicare -LRB- Parts A & B -RRB- only cover about 80 % of a senior 's health care expenses , leaving the insured responsible for the other 20 % . While 20 % does n't sound like a very big figure , it can add up to a nice big medical bill really fast . For example , if you had a procedure done that cost $ 10,000 and Medicare paid for 80 % -LRB- $ 8,000 -RRB- , you would be responsible for the other $ 2,000 of the bill - how many people can just get out their checkbook and write a check for that amount ? That number can be a lot higher too . The idea of a Medicare Supplement plan -LRB- commonly referred to as a Medigap Plan -RRB- is to cover the gaps in coverage that Medicare does n't pay for -LRB- e.g. that other 20 % -RRB- . You pay a monthly premium to get these gaps covered so you 're not hit with large bills . The resulting major advantage is it allows a senior to create a much , much more predictable health care expense structure - and when you 're on a fixed income , this is vital . A plan F is the most comprehensive Medicare supplement plan available in the marketplace today - plans C , G , and N are very competitive as well . "}
{"input": "Why Buy Medigap? ", "output": "The big reason to buy a Medigap plan is Medicare Part A & B does not cover everything by itself . The bigger reason is the 20 % that is n't covered has no limit ! I am not sure why anyone would want to leave themselves exposed to a limitless risk . Medicare along with the right Medigap plan is great health insurance . The ability to see any doctor you want and to be able to control your out of pocket expenses for healthcare is important . Once you have a Medigap plan your benefits ca n't change as long as you have that plan . Speak to an independent agent that specializes in Medigap plans and you will save a lot of time and money selecting the plan that meets your needs . "}
{"input": "Who Qualifies For Medicare Under 65? ", "output": "Anyone who has paid Medicare taxes for at least forty quarters and been on SS Disability for twenty four months qualifies for Medicare . My youngest Medicare client was thirty years old at the time I assisted him . Forty guarters is ten years of working where a person is paying into the Social Security System . "}
{"input": "Can I Put Insurance On An Automobile I Don't Own? ", "output": "In general , no , not for physical damage to the car . To insure property you need to have an insurable interest in the property you 're protecting . In other words , you have to have something at risk . If you do n't own it , what do you have at risk ? This why titling is so important . You could , theoretically , put insurance on a car you do n't own and not tell the insurance company that it 's not titled to you . Hopefully , your insurance agent is experienced and professional enough to ask who the car is titled to , but it does n't always happen . So , say you 've insured this car you do n't own and you get into an accident . You submit your claim to your insurance company to get your car repaired . One of the first questions a claims adjuster will ask is `` who is the car titled to ? '' . If the answer is n't you , you 've got a problem . The insurance company will only pay the registered owner of the car . They are the only party that has a loss . The only exception to this is if the car is financed or leased . In this case , the finance company will require , as part of the contract , to be listed as a loss payee . This entitles them to collect on the damage to that car . That 's how it applies to physical damage . For liability or injury , it 's different . Here , the insurance follows the insured . You could , theoretically , get liability insurance without owning the car you 're driving . Again , your agent will ask who owns the car , and they 'll believe what you tell them . If a claim happens for injury or liability , they will protect you , the insured . I do n't know why you 'd want to insure a car you do n't own , but I have an idea . It could be that a friend or relative is loaning you a car because you do n't have one of your own or it could be that a child , or someone else in your household owns this car but does n't want to , or ca n't , insure it themselves because they 're young and it 's expensive , or they have such a bad driving record they just plain ca n't get insurance . Either way , do n't get yourself in a situation where you have to lie to your insurance company or agent . If something happens , the truth will come out and you may not get anything out of it anyway . Be smart . Find an agent you can trust and be truthful with him/her . They 'll tell you the right way to do it so that you do n't put yourself or your family at risk . "}
{"input": "Is A Loan From A Life Insurance Policy Taxable? ", "output": "Is a loan from a life insurance policy taxable ? No , loans do not create a taxable income situation which is why they are used by those who own cash value policies . A policy loan is a great tool to have at your disposal . Usually in a few days money can be wired into your account , which is great when you need money fast . You do n't have to ask permission , state your case as worthy for the need , you just call or email and it 's done . "}
{"input": "Is A Loan From A Life Insurance Policy Taxable? ", "output": "Are policy loans taxable ? They very well could be . If the life insurance policy is a modified endowment contract , loans are taxable . If the life insurance is a non-modified endowment contract and the policy lapses , is surrendered or the policy reaches its maturity dateall policy loans , -LRB- those received and internal -RRB- are ordinary income tax events is the year they occur . "}
{"input": "What Is The Best Medicare Replacement Plan? ", "output": "Medicare Advantage plans are technically a Medicare replacement plan . When you enroll in a Medicare Advantage plan you are no longer in traditional Medicare . Rather you are enrolled in a privatized form of Medicare . Your doctor , if they participate in the Medicare Advantage plan you chose , will file claims with your Medicare Advantage plan , not with Medicare . There is no `` best '' Medicare Advantage plan . The one that meets your needs and budget is what is best for you . "}
{"input": "Can You Pay Car Insurance By Credit Card? ", "output": "That is up to the discretion of your insurance carrier . There are some carriers that will accept a credit card as a payment method . Many carriers will only accept ; automatic bank draft , cash , or bank debit card to pay your insurance premium . Contact your local agent to find out the payment forms that your carrier will accept . "}
{"input": "Can You Pay Car Insurance By Credit Card? ", "output": "I have never heard of any carrier refusing to not take a credit card for the down payment but not every carrier will use the card for automatic payment . However I do have insured that have those pre paid credit cards and if you contact the financial institution they do have routing numbers and account number that they can give you to set up automatic payment off that card as though it was a checking account number Many agents will not take the time and help you find our this information but it sure can make your monthly billing less setting it up on automatic payment "}
{"input": "What Is A Disadvantage Of Annuities? ", "output": "There are several considerations when purchasing an annuity , some of which could be construed as negative characteristics : fees , surrender charges , commissions . But many savings vehicles and investments have similar items that some deem as draw backs as a good financial product . Are the advantages worth the draw backs ? Each annuity product must be assessed on its our virtues . "}
{"input": "What Is The Best Rated Medicare Advantage Plan? ", "output": "Medicare Advantage plans have star ratings issued by CMS . The highest is a 5 star plan but you may have difficulty finding such a plan in your area . Most Medicare Advantage plans have doctor and hospital networks . If you choose a plan based on star ratings you may find that your doctor does not accept the plan . "}
{"input": "Does Medicare Cover Incontinence Diapers? ", "output": "As Peggy indicated , Medicare Part B does not cover incontinence diapers . This means there are no discounts , even if you purchase from a Medicare approved DME provider that accepts assignment . Many retailers such as Target and Walmart will carrier adult diapers and have good pricing . You should also consider warehouse clubs such as Costco and Sams as well as online retailers including Amazon . "}
{"input": "Does Medicare Cover Incontinence Diapers? ", "output": "Unfortunately , Medicare does not cover adult incontinence diapers and bed liners used at home because they are thrown away after each use , and not considered Durable Medical Equipment -LRB- DME -RRB- . If hospitalized or in a skilled nursing facility , Medicare will pay for incontinence diapers under Part A. Medicare will cover catheters . "}
{"input": "Who Is A Good Homeowners Insurance Company? ", "output": "That is a great question ! There are several really good companies out there that might qualify as `` best '' for you . My definition of best is lowest price for the highest , most comprehensive coverage with the lowest deductible and the best customer service and claims history . The financial stability and reputation of the company and its agents counts in a big way also . Go online , and check your State 's Department of Insurance records and see if the BBB has any complaints on file for the companies that you consider . Find a good independent agent to help you compare coverage and costs . Do your homework , you are about to enter into a long term relationship with your insurer , you want to be sure you 're compatible ! Thanks for asking ! "}
{"input": "Who Is A Good Homeowners Insurance Company? ", "output": "A good insurance company is one that pays claims quickly & efficiently . I 'd recommend checking the AMbest rating of the insurance company as well as BBB for any complaints . You should also check with your local independent insurance agent to see how their experience is with that particular company . "}
{"input": "Who Is A Good Homeowners Insurance Company? ", "output": "A company is only as good as its ability to stand by its promises . Fortunately state insurance commissioners work hard to make sure that the companies admitted to doing business in their state can fulfill their promises . You are relatively secure buying a homeowners policy from any licensed agent representing an insurance company that is admitted to your state . "}
{"input": "Who Is A Good Homeowners Insurance Company? ", "output": "A `` good '' homeowners insurance company is one who has it 's financial house in order and knows how to handle claims in an efficient and compassionate manner . Naturally , you should rely on your Insurance Professional with whom you should discuss your options , but you can check a company 's financial ratings very easily by looking up the company . Most company websites will publish their ratings from A.M.Best , Moody 's etc which will give you a good idea as to their financial strength . Consumer Reports and others also publish company ratings each year which also reflect the financials but includes customer relations and servicing . "}
{"input": "Can You View Medicare Claims Online? ", "output": "Well , kind of . If you have established an account at mymedicare.gov you can review claims submitted and adjudicated by Medicare . If you have a Medigap plan , your mymedicare account will show if those claims have been submitted to your gap carrier or not . Medicare Advantage participants can review claims at their carrier site . "}
{"input": "What Is The Best Type Of Life Insurance Policy To Have? ", "output": "Life insurance is a matter of mathematics . There are years of historical data that allow companies to predict with a high degree of accuracy the probability that you will die during a specific period of time . Policies are designed to meet your requirements . If you need protection for a limited period of time a combination of term policies might meet your needs best . If you have lifetime requirements then permanent insurance is the way to go . "}
{"input": "What Is The Best Type Of Life Insurance Policy To Have? ", "output": "The best type of life insurance is the one you keep active . As mentioned above , sometimes people will choose to purchase multiple short term policies to cover them through much of their lives and save money on the side so when they are done with the active policies they are closer to being self-insured . Bottom line is , no policy is good if you ca n't realistically afford to keep it . It very well may be the case that in the toughest financial times , life insurance will be most impactful . "}
{"input": "What Is The Best Type Of Life Insurance Policy To Have? ", "output": "What is the best policy to have ? The first answer is always the one that is in force the day your family needs it . The overall answer to what the best policy to have is simply the policy that fits your stated wants and needs the best way . "}
{"input": "What Is The Best Type Of Life Insurance Policy To Have? ", "output": "The best type of life insurance policy to have is one that will be in effect , and pay the death benefit , if and/or when it is needed . How to achieve that at the lowest cost has been debated by great financial experts for many years . Some argue that it is best to take out a series of short term policies -LRB- which have the lowest premiums -RRB- , while saving money on the side , so that eventually you do not need to take out any more life insurance because you are self insured . Others contend that you come out ahead in the long run taking out permanent insurance with cash value -LRB- which has a higher premium -RRB- , due to features of the policy and because you are more likely to keep up a life insurance policy than save enough money on the side . Most financial professionals fall in the middle somewhere . They evaluate your needs and recommend term insurance for some , permanent for others . That is what I would suggest if you would call me . Thanks for asking and let me know if I can help . "}
{"input": "Does Renters Insurance Cover Broken Computer? ", "output": "Renters insurance is not designed to cover a broken computer unless the damage is due to a covered peril . If your computer is damaged in a fire , is stolen , a windstorm causes a tree to fall into your house , that type of thing . It is not designed to cover your hard drive crashing or general breakdown due to normal use . "}
{"input": "When Is The Best Time To Get Long Term Care Insurance? ", "output": "The best time to secure long term care insurance is when youre young and healthy , especially if you have a family history of chronic illness or nursing home confinement . Most advisers begin addressing long term care insurance with their clients and prospects around age 50 . But in reality , most pre retirees purchase long term care insurance in their early 60s . "}
{"input": "Does Medicare Pay For Cialis? ", "output": "No , Medicare does not pay for Cialis or other erectile dysfunction drugs . Medicare Part B will not cover Cialis , nor will Medicare prescription plans -LRB- Medicare Part D -RRB- . Sometimes drug discount cards offered through other entities will pay a discount for the purchase of erectile dysfunction drugs such as Cialis , Levitra , or Viagra . "}
{"input": "What Insurance Do I Need If I Rent A Home? ", "output": "If you rent a home , you need ... yes , you guessed it ... Renter 's insurance ! Of course . Since you rent the home , you do not need to provide coverage for the structure . However , your belongings should be covered along with some liability protection as well . Your policy will provide those benefits and many others as well . "}
{"input": "How To Purchase Home Insurance? ", "output": "The best way to be sure that you are selecting the best fit for your needs is to talk to your Insurance Professional . You will need to provide the property location and whatever particulars about the house that you have , including style , year of construction and square footage , as examples . Your insurance professional will use this information , along with other source data from public record , real estate listings and most importantly , an on site visit to complete a reconstruction analysis upon which the recommendation will be based . Talk about deductible options and discounts that can help manage pricing . "}
{"input": "Is Building Insurance The Same As Home Insurance? ", "output": "There are several different property policies . Because commercial policies are complex they are broken into sections . A building policy provides coverage for a commercial building . A homeowners policy is a specialized policy . It combines the property and liability coverages that most homeowners desire in a single policy . This policy saves the homeowner money and provides comprehensive coverage . "}
{"input": "What Is Not Covered By Medigap? ", "output": "It all depends on which plan you choose . The government dictates which plans can be offered and these plans do n't vary by insurance company . So once you pick a plan the benefits from that plan are predetermined . Medigap plans are not meant to cover extended continuous health care needs -LRB- those that last over a year -RRB- . They also are not intended to cover the items you find covered under a long term care policy . "}
{"input": "What Is Not Covered By Medigap? ", "output": "It depends a lot on which Medigap Plan you have . Medigap Plans are designed to cover most of what original Medicare Part A & Part B does not cover . However , all Medigap Plans do not have prescription drug coverage . You would need to get a Part D plan in addition to cover prescriptions . This is a good thing because you will be able to change your drug plan as your prescription needs change without needing to change your Medigap Plan . Medigap Plans also do not cover dental and vision , however , you can get a separate dental/vision plan . The quickest way to find out what Medigap Plans cover and is to go to our website . You can compare Medigap Plans instantly online at SummitMedigap.com . "}
{"input": "Who Needs Short Term Disability Insurance? ", "output": "Short term disability insurance pays out a lot sooner than long term disability -LRB- typically in 7 or 13 days -RRB- . That means you can cover immediate costs when you 're unable to work and need an income . Anyone who does n'twant to drain their savings -LRB- since most people only have 3 months of cash reserves -RRB- should look into short term DI , or check to see if it 's offered through your work . "}
{"input": "Who Needs Short Term Disability Insurance? ", "output": "Most Americans are aware that they have Social Security Disability Insurance , but its limited in its scope of coverage . Many employees of corporations and businesses have short term disability coverage in their employer sponsored group benefit plans . But if thats not the case , you should consider short term disability insurance . Most Americans have 90 days in cash reserves to pay household expenses . The odds are high that youll experience a disability during your working career . "}
{"input": "How To Calculate Group Life Insurance? ", "output": "If you are referring to imputed income as it relates to group life insurance , you can find a calculator for that factor at this website : WEBSITELINK That will tell you what part of the group life insurance policy you will be taxed on . "}
{"input": "What Is The Best Homeowners Insurance In Delaware? ", "output": "The Best Homeowners Insurance Company in the State of Delaware may be Stillwater Insurance Company ; they offer excellent customer service , an online portal for client payments and outstanding claims service . Delaware Home Insurance has never been so easy , convenient and affordablefor preferredresidential home risks ! There is a link providing an online format to obtain a quote and buy Delaware Home Insurance online ; it may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK "}
{"input": "How Long Does It Take For Life Insurance To Become Effective? ", "output": "Life insurance formally goes into effect after the policy has been issued , the delivery requirements have been returned , and the first premium has been paid . If coverage has been `` bound '' -LRB- the first premium paid at the time of taking the application -RRB- , temporary life insurance protection will be in effect until underwriting has been completed . And some No Exam policies are put into effect upon completion and approval of a digitally signed application , making delivery requirements unnecessary . "}
{"input": "Is Western Southern Life Insurance A Good Company? ", "output": "According to their website , Western Southern Life Insurance Company has the following ratings : Standard & Poor 's : AA + AM Best Company : A + Fitch : AA It takes a good life insurance company to get good ratings . To compare the prices of Western Southern Life Insurance products with the life insurance offered by other highly rated companies , use an online quote engine or call in to an agency that sells more than a few carrier 's products . "}
{"input": "Will Mayo Clinic Take Medicare? ", "output": "Mayo Clinic does take Medicare , however , Mayo Clinic does not accept assignment from Medicare for professional and physician services . Medicare does accept assignment for Mayo Clinic Hospital Facility charges . Therefore , if you are not receiving inpatient services , you will owe a small part of your payment to Mayo Clinic out of pocket . "}
{"input": "What Is Annuity Reinsurance? ", "output": "Like most forms of insurance , the issuing company may need to spread the risk among a pool of reinsurance partners . An annuity is a mortality product with a death benefit . The death benefit exposure is a risk to the insurance company . If their retention is too small they share that risk with reinsurance . "}
{"input": "What Is The Best Renters Insurance? ", "output": "The Best Renters Insurance is provided by Stillwater Insurance Group . Renters Insurance is written asa Form HO-4 providing coverage for Personal Property and Personal Liability . Stillwater Insurance does not require the client to have any other insurance with the company in order to provide an affordable renters insurance policy . The insurance is available in multiple states ; a quote may be obtained online at : WEBSITELINK directly by the tenant , if there are no further questions , the policy may be purchased directly online . "}
{"input": "What Is The Best Renters Insurance? ", "output": "The best renters policy is the one that you have in force on the day you experience a loss . If the company pays the maximum allowable settlement , then it is a really wonderful policy . The premium for the policy is insignificant compared to the settlement that you could receive . This type of policy is sold by an insurance agent . "}
{"input": "What Is Federal Employees Group Life Insurance? ", "output": "Federal Employees Group Life Insurance -LRB- FEGLI -RRB- is the largest group life insurance program in the world . It was established in 1954 to provide term life insurance protection for federal employees and retirees in the United States . It comes in Basic coverage -LRB- of which you pay 2/3 and the government pays 1/3 -RRB- and Optional -LRB- which can be added onto Basic at your expense -RRB- . "}
{"input": "When Does Medicare Pay As Secondary? ", "output": "It depends on your specific situation . Typically Medicare pays secondary to employer health plans depending on how may employees the employer has . If you have only Medicare and let 's say a Medicare Supplement , Medicare would be primary . Keep in mind it depends solely on what coverage you have with your Medicare . "}
{"input": "Can You Have Dual Health Insurance? ", "output": "Can you have dual health insurance ? Yes , you can in some cases have two plans . Today with employees sharing more and more of the premium costs of coverage , you do n't see it very often where spouses are dual covered by both employers , at least with health insurance . It is not that uncommon for fringe benefits like dental as it boosts total coverage . It comes down to cost in most cases , is it cost effective to pay two premiums for coverage that ca n't exceed 100 % ? Does it pencil out ? "}
{"input": "Can You Have Dual Health Insurance? ", "output": "Re dual health insurance , if you are referring to two policies that both cover near-identical benefits , there would simply be no purpose to doing that , as it would be a waste of your money . If you are referring to covering two persons on the same policy -LRB- husband and wife -RRB- , then it can be done and is very popular . "}
{"input": "Does Arthritis Affect Life Insurance? ", "output": "Aside from the type of arthritis , insurance companies want to know about stability -LRB- have you had recent attacks ? has your mobility or strength gone backwards over the past years ? -RRB- , treatment -LRB- are you taking narcotic pain pills ? are you on steroids ? -RRB- and the impact of the arthritis on your life -LRB- are you able to work full time ? can you dress and bathe yourself without assistance ? -RRB- . As with most health conditions , arthritis ranges from mild to severe and the type and degree of arthritis you have can affect your premiums accordingly . "}
{"input": "Does Arthritis Affect Life Insurance? ", "output": "Any medical issue can have an impact on your life insurance application . Companies have underwriting guidelines that address both osteo and rheumatoid arthritis . If you have detailed specifics about your arthritis , I suggest you provide details about the arthritis to the insurance company and ask them for a probable underwriting outcome . This gets you in the ballpark , but realize that until you actually go through the underwriting process and the company gets a look at your medical file , it will all just be an educated guess . "}
{"input": "If I Move To A New State, How Long Do I Have To Get New Auto Insurance? ", "output": "That is a great question ! Here in Texas , it is 30 days , but each State will have its own regulations as to the time period they will allow to pass before ticketing you for not being properly registered . I had to have a policy that was issued in Texas before being able to register my car and get plates , you may need to switch your policy first also . I 'd recommend going on line to your new State 's Department of Motor Vehicles or Secretary of State webpage and see what your State requires . Good luck with your move , and thank you for asking ! "}
{"input": "If I Move To A New State, How Long Do I Have To Get New Auto Insurance? ", "output": "If you have 50 agents in 50 states answer that is how many different answers you will receive . Call the Department of motor vehicles in the state you are moving to and ask . "}
{"input": "If I Move To A New State, How Long Do I Have To Get New Auto Insurance? ", "output": "The general answer is soon . You really need to get a new insurance policy as soon as you move to a new state , particularly if that state is going to be your domicile and you have employment there . If you are visiting a state without any intention to work there , the insurance from your domiciled state will be active and will in fact change a bit to conform with the minimum limits required by the new state . If you are going to work and live in the state your current insurance carrier will most likely transfer your policy and issue a conforming policy based upon state law with little or no hassle . You will usually be assigned to an agency that is close to where you are going to live . This is really a painless process unless the insurance company currently insuring your car isnt admitted to do business in the state where you are moving . "}
{"input": "If I Move To A New State, How Long Do I Have To Get New Auto Insurance? ", "output": "Here in Kansas you need to register your auto within 90 days . If you dont take care of this within the 90 day period you could get a ticket . "}
{"input": "If I Move To A New State, How Long Do I Have To Get New Auto Insurance? ", "output": "I can address this question specifically for Florida . The Florida Department of Motor Vehicles requires that you register your car within 10 days . That 's pretty fast and a lot of people find becoming a Florida resident to be a bit stressful . It is important to know that in order to register your car you have to have Florida insurance . Handle the insurance first and take that proof of coverage with you to register . If your insurance carrier writes auto in Florida , changing the policy can be as easy as a cancel/re-write . If you 're changing carriers , be prepared to answer all the necessary questions for your household ... Driver 's License , Date of Birth , SSN and the vehicle information ... VIN number . Your use of vehicle is also important . Many new Floridians are new retirees as well . Be sure to have the policy rated correctly ... as a retired person vs someone who commutes to a job . Depending on the county in Florida , a visit in person with the agent may be necessary to verify no prior damage to the vehicle . Related to this is the need to change your Driver 's License . Depending on what state you are moving from some additional documentation to prove your identity may be required . Be sure to check this out before making the trip to the DMV . "}
{"input": "If I Move To A New State, How Long Do I Have To Get New Auto Insurance? ", "output": "In most cases , your car insurance will cover you throughout all 50 states . The real issue is once you move , how soon do you need to register your cars . That may vary by state regulations , but I can tell you that here in Connecticut , once one establishes residency , one has to register their cars within 30 days . In order to register a car here , like in most if not all other states , you are required to show proof of auto insurance issued on a Connecticut policy form . If you have Nationwide car insurance issued in Virginia , that will not be acceptable proof for the CT DMV so you would have to have your insurance transferred and written here before heading over to DMV . "}
{"input": "Can Cancer Survivors Get Life Insurance? ", "output": "Getting life insurance for a cancer survivor is a case by case situation . If the cancer is stage 0 or 1 , only requiring surgery , and of a type that is unlikely to recur , life insurance might be issued as short as a year after its occurrence . For cancers of blood or internal organs with higher stages and/or lengthy treatment plans , it may take years to qualify for a medically underwritten policy . If the applicant meets the age guidelines , guaranteed issue life insurance is available in most states , regardless of the type and stage and date of diagnosis of the cancer . "}
{"input": "What Is Cash Value Of Life Insurance? ", "output": "Cash value life insurance is a permanent life insurance contract that accumulates cash values based on the crediting method of the policy : participating dividends , interest rate crediting , index crediting , separate sub account crediting using equity and bond instruments -LRB- debiting for losses as well . -RRB- In general terms , once the policy expenses are paid , the earnings , if any , are applied to the remaining cash values . "}
{"input": "Does Bank Of America Have Life Insurance? ", "output": "Bank of America is a bank , not a life insurance company . However Bank of America may act as agents working with different life insurance companies to offer you life insurance . If you work with a Bank of America agent they should disclose what company or companies they are quoting . Personally I think you are better off working with a professional in the field . Particularly an agent who is an independent who can work with multiple companies and is not beholden to any . "}
{"input": "Does Homeowners Insurance Cover Tornado Damage? ", "output": "Homeowners will cover tornado under the wind provision of a policy . Now depending on where you live this is an automatic coverage . Other areas highly prone to tornado have an option for you to exclude wind or pay an extra premium for wind protection . Consult you local agent for the type of policy you carry . "}
{"input": "Can Life Insurance Be Revoked? ", "output": "Revoked may not be the best word , but perhaps denied is what youre looking for . Once life insurance is in force , the two year contestability period begins . If the policy insured commits suicide the death claim by the beneficiaries will be denied . If misstatements , misrepresentations or material omissions are discovered during this period it could constitute fraud and the death claim would be denied . "}
{"input": "Can Life Insurance Be Revoked? ", "output": "It depends on the specifics of the policy , however , generally speaking , most any life insurance policy that you would buy today would be considered `` guaranteed renewable '' . This means that as long as you pay your premiums on time , the company can not cancel/revoke your policy . If you already have a life insurance policy that you are concerned about , it makes sense to check with your agent to get this question answered . "}
{"input": "How To Make A Claim For Renters Insurance? ", "output": "Call your Agent . If you do n't have an agent ... get one ! He/she will be much more helpful in the claims process than calling an 1-800 number . Regardless of who you call , you should tell the person you speak with what you are making a claim on and someone should be in touch with you to verify information and get the process started . "}
{"input": "What Is A Sep Simple Qualified Retirement Plan? ", "output": "The most common retirement accounts for the self-employed are SEP IRAs , Simple IRAs and individual 401 -LRB- k -RRB- s . These plans have two factors in common : up-front tax breaks and tax-deferred saving , meaning you do n't pay taxes until you withdraw the money in retirement.The Roth version of the individual 401 -LRB- k -RRB- is slightly different : you do n't get an up-front tax break , but your money not only grows tax free , withdrawals in retirement are also tax-free . The Simplified Employee Pension -LRB- SEP -RRB- IRA is probably your best bet.You can open one at virtually any bank , mutual fund sponsor or brokerage firm . Annual account fees are low - or non-existent . Your contribution limit is based on a simple formula : You can put away as much as 25 % of your net income , up to a cap that increases periodically to keep pace with inflation - $ 49,000 in 2010 . Money stays sheltered from taxes during your savings years , and what 's additionally appealing is a SEP 's funding flexibility . You can wait to fund the plan until you file your taxes . So if your income turns out to be higher than expected , you can make a large contribution and cut your tax bill . If you have a tough year , you can scale your contribution back.If you work alone now , but aspire to bigger things . Then a Savings Incentive Match Plan for Employees -LRB- SIMPLE -RRB- IRA may be better for you.With a SIMPLE IRA , you can keep investing in the same plan after you hire someone . Though do n't forget what the plan name stands for : you have to match your employees ' contributions , up to 3 % of pay.The main problem with a SIMPLE IRA is that you can stash away no more than $ 11,500 a year -LRB- $ 14,000 if you 're 50 or over -RRB- , which may not be enough to meet your retirement goals . Also , if you need to make a withdrawal from a SIMPLE IRA plan within two years of its inception , the 25 % penalty is significantly higher than the 10 % fee you 'd be charged for early withdrawal from a SEP IRA.Both the SEP IRA and individual 401 -LRB- k -RRB- make it tough on sole proprietors who try to hire even one full-time employee . SEP rules can lock you into expensive contributions . With an individual 401 -LRB- k -RRB- , unless that employee is married to you , you 'll have to stop funding your plan or convert it to the more complex and cumbersome employer version . For that , you 'll surely need professional help , and you may even have to hire a third-party plan administrator . That does n't come cheap . "}
{"input": "Does USAA Auto Insurance Cover Rentals? ", "output": "USAA auto insurance , like most major car insurance carriers , covers rentals . The coverage you have depends on the type of policy you purchase , and what riders -LRB- if any -RRB- you have placed on your policy . Contact USAA directly for specific information about your policy . You 'll receive fast accurate information by phone or via email . As an experienced broker , providing quick and accurate information is one of the tasks we must do on a daily ongoing basis . "}
{"input": "What Does Full Coverage Auto Insurance Entail? ", "output": "Full coverage means that your automobile is covered in the event of an accident or other covered peril . Collision covers your automobile in the event of a collision with a non animate object such as an automobile or other vehicle , or a tree or building . Comprehensive covers your automobile for anything other than a collision , such as an animal strike , hail damage , a tree limb falling on your auto , windshield damage , vandalism . or theft . Generally , these only cover up to the value of the vehicle depreciated for age . "}
{"input": "How Much Does Renters Insurance Normally Cost? ", "output": "Renters insurance insurance like all other insurance is priced based on the insured individual or entity base on their wants , needs and other factors . Insurance is not a product that you buy off the shelf like milk or bread . The rate that one individual pays for renters insurance coverage will more than likely be different from one of their friends purchasing the same coverage . Contact a local agent to discuss your insurance wants and needs so that they can provide you with pricing . "}
{"input": "Is It Worth It To Get Disability Insurance? ", "output": "That is a really good question . With money tight , and tons of choices to make as to what to spend it on , insurance is often one of those choices that gets put off making . Too often , we think , I 'm healthy , or it 'll never happen to me , or I have time to think about it later , and then life happens , and it 's too late . The purpose of disability insurance is to help protect your income if something were to keep you out of work for a significant period of time . If you can find a policy that you can afford , that will cover you at least for a short period of time , you might be able to avoid being one of the 60 % who go bankrupt because of medical emergencies , and the loss of work . If you have a solid financial plan , with your three month savings , and some liquid assets , maybe this is n't something you buy ; but if missing a month of work would sink you and your family , then perhaps it 's worth it to look into . I hope that helps , thanks for asking ! "}
{"input": "Is It Worth It To Get Disability Insurance? ", "output": "In most households , people rely on their paychecks that pay the bills . Disability Insurance ensures that you have a paycheck coming in even if the person earning it is disabled for an extended period of time . In that sense , it is worth it . It is impossible to buy Disability Insurance after you are already disabled . So the time to get it before you need it . "}
{"input": "Is It Worth It To Get Disability Insurance? ", "output": "The only time it is worth purchasing disability insurance or any insurance for that matter is when you need it at claim time . Unfortunately , no one knows when that time comes . Disability insurance is a must if you earn an income to live . Statistically you are 8 times more likely to become disabled by an illness or injury than to die from that illness or injury . If you can fit disability in your budget , buy it before it is too late . "}
{"input": "Is Health Insurance Required? ", "output": "Under the Affordable Care Act , everyone will have to have health insurance or pay a penalty -LRB- also known as an `` individual shared responsibility payment '' -RRB- . If you choose to pay the penalty instead of securing coverage , you will still be responsible for 100 % of your medical care . The penalty is calculated in one of 2 ways -LRB- you pay whichever is the higher amount -RRB- . In 2014 , the penalties will be calculated as : 1 -RRB- 1 % of your yearly household income featuring a maximum penalty as the national average yearly premium for a bronze plan . 2 -RRB- $ 95 per person for the year -LRB- If under age 18 , then $ 47.50 -RRB- featuring a maximum penalty per family of $ 285 under this method . Its important to note that the penalty will change each year . In 2015 , method one increases to 2 % of your yearly household income and method two increases to $ 325 per person . In 2016 , it will increase again to 2.5 % for method one and $ 695 per person for method two . The penalty methods will be adjusted for inflation in later years . To avoid the penalty , you need to have health insurance that qualifies as minimum essential coverage . Please feel free to contact me for help or if you have any other questions . Thanks very much . "}
{"input": "Is Health Insurance Required? ", "output": "Great question ! With the passing of the Affordable Care Act , it is now required that Americans have some form of health insurance . It can either be through the healthcare.gov site , -LRB- where you might also qualify for a rebate on the cost -RRB- through a private insurer , through a place of employment for you or your spouse , or through either the Medicare or Medicaid programs . There is a penalty for not enrolling in a plan , and it grows increasingly larger over time . There are limits for when you can enroll , and the next open enrollment period is not until next fall . There are some life events that will allow you to enroll before then , such as new employment , marriage , or the ending of a COBRA coverage . If you would like more information , please contact me , I 'd be happy to help . Thanks for asking ! "}
{"input": "How To Determine Home Insurance Value? ", "output": "There are several way to do this . I do this several ways and each carrier has a way they like it done . The key is NOT to be under insured in a event of a loss it could cost you a ton of money . There is call a Marshall Swift Program that many agents and carriers use This is use most often when doing a replacement cost value your agent should be asking you things like what type of carpet you have or hardwood or do you have any bay windows and ect . The next thing to use is your state Property tax information which is usually can be found online at your states cadastral . Now the 3rd way in my opinion is not the best way to determine the value which is the selling price and the appraisal that you get when you are purchasing your home . In many cases this has the land value included in it and you can not insure the land you are insuring the structures . The best advise I would suggest is to talk to a local agent they can run a cost guide for you . "}
{"input": "How To Determine Home Insurance Value? ", "output": "Because insurance companies issuing homeowners policies usually require that the home be insured to the full replacement value , it is best to allow your agent to make this computation for you . When asked about the home . Be careful not to overestimate or underestimate the quality of the home . If you are uncertain ask for definitions of builders grade for example . Normally companies will accept a recognized replacement cost estimate or the declaration of a builder that guarantees that they will rebuild the house for a specified amount . Property price is often the least accurate indicator . "}
{"input": "When To Add Children To Auto Insurance? ", "output": "The policy requires that all the drivers in the household be identified . In California you do not have to identify someone who has a learners permit . Once the person gets a license the insurer must be notified . Agents will frequently start tracking children after their 14th birthday to make sure that drivers license information is gathered in a timely manner . "}
{"input": "What Is Health Insurance Rescission? ", "output": "That is a good question about a bad thing . Rescission is the action taken by an insurance company when they retroactively cancel a policy due to fraud on the applicants part . Before 2010 , an insurer could do it if they found errors or omissions on your application , but in fall 2010 the law was changed to require provable fraud . It makes no difference if your policy is paid to date either . I hope that you never have to find out . Thanks for asking ! "}
{"input": "What Does Mortgage Disability Insurance Cover? ", "output": "A mortgage disability policy will make the mortgage payments in the event you are dsabled for a specified period of time . You can purchase this through your bank or some companies offer mortgage disability plans . If you have a mortgage take a look at picking up a mortgage dsability plan . Contact a local independent agent familiar with disability insurance . "}
{"input": "How Long Does It Take To Get Auto Insurance? ", "output": "As long as it takes to go online or drive to your local independent agents office and apply . You will have coverage as soon as you pay your premium . An agent is not permitted to back date a policy and the date and time of the application is recorded . Do not wait until you get a ticket or have an accident to pick up auto insurance . "}
{"input": "How To Select Homeowners Insurance? ", "output": "To select the best home insurance policy , select the best insurance agent . Setting the limits is the key to having a satisfactory claim , and that is ultimately what insurance is all about . The agent should help you evaluate your exposure and point out supplementary coverage that you might need . All of this goes to making up a policy that will pay you what you want when you need it . "}
{"input": "How To Select Homeowners Insurance? ", "output": "I suggest you start by listing all the insurance you are now buying ; auto , tenants or home insurance , health , disability , life , etc. . The list should include a basic outline of the coverage , the insurer or agent and the annual premium . The information on this list may point you in the right direction . I would first consider insurers/agents you are currently doing business with if you are at all satisfied with them.If not , maybe you should be looking for more than just home insurance . Request limits , coverage and deductibles consistent with what you currently purchase.If you have all-risk coverage on your car -LRB- comprehensive and collision -RRB- , I would suggest considering all-risk coverage on your home and other personal property you own . If you have $ 300,000 liability limits on your car , you may want to consider similar limits on your home . Deductibles should be consistent whether they are car , home or medical and represent the amount of risk you are willing and can afford to assume . Features I like to see in home policies include : All-risk * coverage on the home AND personal property , GUARANTEED Replacement cost of your home , consistent liability limits and deductibles . In some locals , you have to be concerned with the perils of Flood , earthquake , sinkhole damage and wind as standard policies limit coverage in these areas . It 's common to look for the least expensive policy but it 's also important to have the RIGHT policy . An insurance policy is just a very expensive piece of paper until you happen to need it . "}
{"input": "Does USAA Offer Long Term Care Insurance? ", "output": "No , USAA does not offer Long Term Care Insurance through their own company . However , USAA agents can help you purchase Long Term Care Insurance underwritten by John Hancock . In order to get a Long Term Care quote from several companies so that you can find your best price , contact a brokerage that sells Long Term Care policies and can explain the features and pros and cons of each type of policy to you . "}
{"input": "What Does Assigning A Life Insurance Policy Mean? ", "output": "The assignment of all or some a life insurance policy is often done as collateral security . The policy owner has the right to do this . There are many scenarios and planning techniques in which assignments are made . It occurs in split dollar arrangements and in situations involving indebtedness . To the extent that some amount of the death benefit was assigned to a third party , that party would receive that amount as a death benefit if death occurs during the existence of the agreement . Normally the assignment would be revocable meaning the policy owner can cancel the agreement at some point . But some estate planning methods involve irrevocable assignments . Policy assignments are also part of the process when a policy owner exchanges one life insurance policy with another . In order to ensure there is no gap in coverage during the process , an absolute assignment of the existing policy to the insurer that will issue the new policy is made . Completion of an exchange agreement with the insurer that will issue the new policy follows and then the new policy is issued before the old policy is surrendered . "}
{"input": "Who Regulates Medigap Plans? ", "output": "While Medigap plans are purchased through private insurance companies , and Medigap plans are administered by private insurance companies , it is actually the Centers for Medicare and Medicaid Services -LRB- CMS -RRB- that regulates these Medicare supplemental insurance plans . The CMS determines what must be covered by these Medigap plans and coordinates them with Medicare Part A and B . "}
{"input": "What Is A Medicare Advantage MSA Plan? ", "output": "A Medicare Advantage MSA Plan is similar to a Health Savings Account -LRB- HSA -RRB- . It allows the Medicare recipient to take out a high deductible Medicare Advantage Plan along with a Medicare Medical Savings Account . Money is deposited into the account by Medicare and is not taxed if used for qualifying medical expenses . "}
{"input": "Can You Get Homeowners Insurance With A Pitbull? ", "output": "That really depends upon the insurance company and how they are filed with the Insurance Department in your state . Some companies may not write the coverage while others may offer coverage but exclude any injuries resulting from dog bite from the policy . Still others may offer full coverage provided the dog has been through extensive obedience training . "}
{"input": "Can An Employer Match Roth 401K Contributions? ", "output": "Subject to any regulatory limitations , an employer should be able to contribute to your 401 -LRB- k -RRB- program if that option is included in the document . Roth 401 -LRB- k -RRB- plans are not available for every employer so you would need to check with your employer . The employer could deduct the contribution as a necessary business expense . "}
{"input": "What Is The Difference Between Long Term Care And Disability Insurance? ", "output": "Long Term Disability and Long Term Care have similar names , so it is easy to see how they can be confused . Long Term Disability is for those who are employed , and the benefit they receive would replace part of the income lost by suffering a long term disability . Long Term Care is for those who are in need of skilled care , and the benefit received either goes straight to the institution providing the care , or to the person receiving the care , to use as they wish . "}
{"input": "What Is The Difference Between Long Term Care And Disability Insurance? ", "output": "Long term care insurance and disability insurance are both morbidity products . Disability insurance is paycheck protection for your income if youre disabled and cant work . Long term care insurance is senior care assistance when you can no longer care for yourself or you need some degree of help . "}
{"input": "Why Plan For Retirement Early? ", "output": "Planning for an early retirement needs to incorporate the high probability of living into your nineties based on present life expectancy trends . That being being said , the traditional retirement age is 65 . Maximum Social Security and qualified plan required minimum distributions are at age 70\u00a01/2 . Even with this understanding , you should start paying yourself today . Procrastination can be have a negative impact later in life . "}
{"input": "Whose Insurance Covers Damage To Adjoining Units In A Townhome Fire? ", "output": "I believe the primary responsibility would fall onto the carrier that insures the unit where the first originated . Depending on the circumstances each owners insurance carrier may step in and pay for the damage claims submitted by their insured and then handle the claims paid with the carrier of the insured where the fire originated . Ultimately all the carriers involved will be trying to get their clients `` whole again '' . 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": "Which Federal Department Manages The Medicare Program? ", "output": "CMS -LRB- Center for Medicare Services -RRB- , a division of HHS -LRB- Health and Human Services -RRB- is responsible for overseeing the administration of Medicare plans . Claim services for original Medicare are handled by insurance carriers and third party administrators . If you have an Advantage plan , all your benefits are handled by a private insurance carrier that sub-contracts with Medicare -LRB- CMS -RRB- . "}
{"input": "Does Health Insurance Pay Nutritionist? ", "output": "There may be situations where a health insurance plan will cover the cost of nutritional counseling . If you are at risk for type II diabetes , or if you have type II diabetes , your doctor may suggest nutritional counseling to help you control or lose weight . Also , people who are morbidly obese may qualify for nutritional counseling to help them lose weight . "}
{"input": "Does Home Insurance Cover Tree Root Damage? ", "output": "Tree root damage does not fall under the category of sudden and accidental . Tree rootdamageoccurs over a long period of time and istherebyconsidered avoidable . I do understand the problem is out of site out of mind but homeowners have an obligation to maintain their property and if a plant becomes a hazard the issues needs to bedealtwith therefore root damage is not a covered peril of a homeowners policy . "}
{"input": "Does Home Insurance Cover Tree Root Damage? ", "output": "No homeowners insurance will no cover tree root damage . Tree root damage is something that occurs over a period of time . A covered claim would need to be sudden and/or accidental and tree root damage is not sudden . Trees are just a big plant and plants need to be maintained . If they appear to be getting out of hand they need to be trimmed or removed . "}
{"input": "Why Is Having Auto Insurance So Important? ", "output": "As the result of a recent accident where a driver hit a pedestrian in the cross walk , a settlement of approximately $ 750,000 was reached . If you can afford to pay that sort of claim from your existing assets and can do so without any damage to your economic condition , then you dont need any insurance above what is mandated by state law . If not , consider the highest limits that your company will provide . "}
{"input": "Why Is Having Auto Insurance So Important? ", "output": "Having auto insurance coverage can help prevent you or your family from experiencing a devastating financial hardship due to an accident . Depending on the coverage that you have it will help you cover medical expenses , rehabilitation , your vehicle and possibly more thereby preventing you from having a major financial burden . "}
{"input": "Why Is Having Auto Insurance So Important? ", "output": "That is an excellent question ! I am asked all the time why `` I need insurance if I do n't need it '' . I always explain it like this - the whole purpose of protection is to help prevent a bad thing from being worse , right ? Throughout history we 've built fences , moats , armies , etc. to protect ourselves from a potential attack . Did those things get used every day ? Nooope . Once in a great while , but they were immensely helpful when they were needed . That 's the idea behind insurance . You may have years of safe driving under your belt without so much as a parking ticket , but you have no control over the chance that the guy coming around the corner towards you wo n't be coming from the bar , or texting away on his phone . When something like that happens , the insurance is a Godsend . Who has the money to settle a lawsuit or replace a totalled car , let alone repairs or a rental ? Having everyone required to have insurance evens out somewhat the odds that anyone is left unprotected in the event of an accident , and greatly increases your ability to pay for those repairs , replacements , rentals , or reparations , should they be needed . I hope that helps , thanks for asking ! "}
{"input": "Does State Farm Have Long Term Care Insurance? ", "output": "State Farm does offer Long Term Care Insurance but has recently suspended Long Term Care sales in California , Arizona , Connecticut , Hawaii , Indiana , Nevada and New York . There has not been a formal announcement as to whether they plan to reintroduce products in those states in the future . "}
{"input": "How Does Guaranteed Life Insurance Work? ", "output": "Guaranteed Life Insurance is coverage that has no medical requirements . The only thing restricting some people from getting it is age -LRB- most policies have a minimum age requirement of 40 to 50 , and maximum age of about 80 -RRB- . Also , policies are only available in the states in which they are approved . Guaranteed Life Insurance has a graded period that varies from company to company . Graded periods are commonly 2 or 3 years long . During the first 2 or 3 years of the policy , if death would occur due to natural causes , a percent of the face amount is paid , or all the premiums are paid back with an additional percent added . During the graded period , accidental death usually pays 100 % . After the graded period , the policy pays 100 % for death by any reason . "}
{"input": "How Does Guaranteed Life Insurance Work? ", "output": "1 -RRB- If by guaranteed life insurance you are referring to guaranteed issue life Insurance , that is coverage that can not be declined for health reasons . The policies usually have rather narrow age guidelines , low maximum face amounts , and are graded during the first 1-3 years for death due to natural causes . E.g. . If the insured person died of a heart attack during the first years of the policy , the beneficiary would receive a reduced death benefit -LRB- often return of premium , plus a little extra -RRB- . If death occurs after the graded period ends , the policy pays the full face amount . It usually pays 100 % of the face amount from day one for accidental death . Some guaranteed issue life insurance policy premiums are guaranteed not to go up for life . Some can go up every year , and others are in between -LRB- e.g. can go up every 5 years -RRB- . Keep in mind that you will want to be able to afford this policy in the years ahead , and get lifetime guaranteed level premiums , if possible . Guaranteed issue life insurance can be a good choice for people who can not qualify for any other coverage . Even if death is anticipated within the first two years , the return is better than any savings account . And people are often able to survive serious diseases beyond what is expected . 2 -RRB- If by guaranteed life insurance you mean life insurance where the premium and face amount are guaranteed , it simply means that the premium can not go up , and the face amount can not go down , for a certain period of time . In Term insurance , the guaranteed level period is usually for the term of the policy . In Universal Life , the guaranteed period can be for life , or it can be for a set number of years . "}
{"input": "Will My Homeowners Insurance Cover Renters? ", "output": "The personal property of tenants is not covered in your homeowners policy . You are not responsible for their personal property . The tenant should purchase their own insurance . If the tenant has the right to invite people onto the property you might consider requiring that they have a tenants policy . They are responsible for any personal injury or physical damage that could occur . "}
{"input": "Does Life Insurance Test For Alcohol? ", "output": "Long term alcohol usage can cause cirrhosis of the liver , which will also cause liver function test elevations . This would most likely have a significant impact on your premium at best and would cause you to be declined for life insurance at worst . The casual use of alcohol can also have a direct impact on your life insurance in several ways . Alcohol consumption in the hours prior to a blood test will often cause some liver enzyme elevations . These small elevations could make the difference between rating categories causing you to pay a higher premium than you would have otherwise . In some cases it is also possible that a small elevation could cause you to be declined for life insurance . Consider a person who had a DUI conviction twenty years ago . On it 's own , this might not have any impact on a current life insurance application . Likewise slight liver function test elevations may not be a major concern to the underwriter . However , in combination this may lead to the impression that there is a long term alcohol problem . This is one of the reasons that we always recommend that applicants abstain from alcohol consumption for at least 24 hours prior to their exam . "}
{"input": "Does Life Insurance Test For Alcohol? ", "output": "Not specifically . That said your life insurance exam results can be altered by the consumption of alcohol prior to the blood and urine draws . Blood sugars and other body chemistry can be altered by the consumption of alcohol in the hours prior . Enough so that a person could lose 2 or 3 levels of classifications which in turn would mean a much much higher cost . If this situation occurs , most companies will give an applicant another chance at their expense to clear up the test results . It is always wise not to `` over do '' anything the night prior to testing . "}
{"input": "Does Life Insurance Test For Alcohol? ", "output": "Elevated liver function test results from the life insurance exam will cause underwriters to look for the cause of the abnormal lab results . In doing so , they may do additional testing , order medical records , and/or request that the applicant fill out an alcohol questionnaire . Mild to moderate alcohol use is not generally a problem , unless you have a health condition that requires that you not drink . But excessive alcohol use , as indicated through liver function , can indeed cause higher ratings or declines . "}
{"input": "What Is The Cheapest Kind Of Car Insurance? ", "output": "Liability only coverage is the lowest cost auto insurance that you can purchase in most cases . This coverage only provides coverage to others if you are involve in an accident that you are deemed responsible for . Comprehensive and collision are the types of coverage that provide coverage for your vehicle . Read your policy completely to understand the coverage provided and any exclusions that may be contained within . "}
{"input": "What Is A Good Price For Long Term Care Insurance? ", "output": "Long term insurance companies use a variety of information to determine the cost of Long Term Care Insurance . Age will be the biggest factor . Therefore trying to give you a good premuim scenario is impossible . Your best bet is to contact three major carriers in your area and have them run a price quote within your budget range . Base the premium on what your budget will comfortably allow . "}
{"input": "Why Create An Irrevocable Life Insurance Trust? ", "output": "An irrevocable life insurance trust -LRB- ILIT -RRB- is a legal document set up to distribute life insurance proceeds in a specific manner , depending on how the trust is designed . ILITs receive special tax consideration from the IRS that is not given to life insurance policies that would otherwise be owned by a natural person or revocable trust . Since the trust is irrevocable , the terms of the trust can not be changed -LRB- think of it like putting the contents in a vault and throwing away the key - it ca n't be opened til the insured dies -RRB- . An ILIT can offer many substantial advantages to protect life insurance proceeds . It can also help you distribute your property to your children at the least possible cost . If you have a taxable estate , you have a choice - pay the tax with your own money or pay only a fraction of the tax and use someone else 's money to pay the rest . If you want to use someone elses money to pay the tax , you can buy a life insurance policy . The type of life insurance policy will depend on the specific circumstances , but is usually a survivorship universal life policy if used for estate tax purposes . The life insurance policy may be secured for pennies on each dollar of tax that you owe . By putting the life insurance policy in an irrevocable trust , the proceeds become available to pay taxes due upon death . A life insurance policy that you purchase will require the same premium whether you put the policy in the trust or keep it outside of the trust . If you put the policy in the trust , the death benefit is not included in the calculation of the size of the estate . This is a huge tax savings , especially if the proceeds are several million dollars . If you keep the policy outside of the trust -LRB- e.g. , as owned by a natural person or a revocable trust -RRB- , the proceeds will be included in calculating the size of the estate potentially increasing the size of the estate by a big margin , and you may therefore have to pay much higher estate taxes before any of the property can be distributed to your children or other beneficiaries . "}
{"input": "Why Create An Irrevocable Life Insurance Trust? ", "output": "The main purpose of an Irrevocable Life Insurance Trust -LRB- ILIT -RRB- is to avoid the taxing of life insurance proceeds upon death of the insured . The trust becomes the owner of the life insurance policy alleviating the increased assets of the insured . Often spouses and or children become the trustees . Also , ILIT 's are used as a source of quick cash to pay estate tax bills without increasing the overall size of your estate . "}
{"input": "Why Create An Irrevocable Life Insurance Trust? ", "output": "Great question ! In addition to the tax savings and sailing through probate , often there are some other benefits offered by the companies that can make these attractive . There are companies that will provide legal services for will writing and estate planning ; some will provide you with the opportunity to pre-plan and create your own funeral service , so your loved ones do n't have to . If you would like more information , please contact me , I 'd be happy to help . Thanks for asking ! "}
{"input": "Is Critical Illness Insurance The Same As PPI? ", "output": "Critical Illness Insurance is not the same as PPI , or Payment Protection Insurance . Critical Illness Insurance pays a cash benefit to the person insured by the policy , when the insured person is diagnosed with a serious disease listed in the policy . The cash benefit can be used as the insured person wishes . PPI payments are triggered when the insured person is unable to work due to job loss . The inability to work may be due to illness or other reasons . The payments go to repay a lender who is carrying a mortgage or large loan for the insured person . "}
{"input": "Is Critical Illness Insurance The Same As PPI? ", "output": "PPI stands for Payment Protection Insurance . If the insured person is unable to work due to disability or losing a job for any reason , the policy will pay the benefit directly to a lender to pay off the money owed to them by the insured person . Critical Illness Insurance pays the benefit to the insured person if they are diagnosed with a particular disease as outlined in the policy . "}
{"input": "Can You Get Life Insurance On Anybody? ", "output": "No , you can not get life insurance on anybody , and not everybody can get life insurance on you . In order to get life insurance on the life of someone else , the owner of the policy must have some financial connection to that person . If it is not a close relative , an eligible person may be someone who owes you a substantial amount of money , for whom your are providing a home , or some other insurable interest . That guideline helps prevent people from taking out policies on others just to make a windfall , or even for criminal intent . "}
{"input": "Can You Get Life Insurance On Anybody? ", "output": "The answer has two distinct parts to it . Part One : You can only purchase life insurance on someone you have an `` insurable interest '' in . This means you have some financial interest in them continuing to live . Such as a spouse , a child , a business associate , or some relative with whom you may be in some manner financially associated with . Part Two : Not everyone can have life insurance , except for the `` Guaranteed '' type insurance , which is for relatively low amounts of death benefit , and a relatively high premium . This may come through a group plan or a general advertisement.For the other types of life insurance , your health will be checked , unless you are a member of a group doing open enrollment , where the premiums are averaged out among sick and healthy members . After a health check , the company will make an offer of what they will charge and what death benefit they will offer . You may not get what you hoped for . Your best bet is to do everything you can to make sure your health exam will find you in the best health possible . Do not lie . They will find out . The company with the lowest rate is not always the one with the best coverage . Keep the reputation of the company in mind . Always best to go with the best life insurance company you can find who will cover you . Gary Lane 949\u00a0797\u00a02424 . "}
{"input": "How To Be An Independent Life Insurance Agent? ", "output": "To be an independent life insurance agent , you need to have some savings to help you get started , and be able to live on little to no income for the first year . You will need to study and be tested for your license , then buy E&O insurance and get contracted with a number of companies . You should find a good General Agency to help you with this part . Then start prospecting for clients . Most life insurance agents contact people they know , but you can also set up a website and learn SEO to help you gain leads . It takes a lot of gumption , but if you are a financially savvy `` people person '' , it can be a rewarding career to be an independent life insurance agent . "}
{"input": "Is It Illegal To Not Have Renters Insurance? ", "output": "Great question ! Unlike auto and health insurances , there are no laws requiring you to carry this insurance . That said , if you have stuff that you will keep in a building that someone else owns , -LRB- who is n't going to replace it for you should something bad happen to it -RRB- That is reason enough to have it . Your belongings are not covered under the apartment complex 's policy , and there are many people who learn that the hard way . Please consider getting a policy , they are relatively inexpensive , and can make a huge difference in your life if you ever need it . If you need help , please feel free to contact me , I 'm happy to help . Thanks for asking ! "}
{"input": "Is It Illegal To Not Have Renters Insurance? ", "output": "No it is not illegal . The building 's property owner may include having renters insurance as a requirement and condition of your lease , however , and this both common practice certainly legitimate . Talk with your insurance professional , though because there are many more reasons to have renters insurance if you need it than there are to NOT have it . "}
{"input": "Is It Illegal To Not Have Renters Insurance? ", "output": "No , there are no requirements that would make it illegal to not have renter 's insurance . In fact , the majority of renters in America do not carry any such coverage . If you are interested in obtaining this type of insurance , you should speak with an agent in your area . If you purchase this coverage through the same carrier as your auto owners coverage , you will typically receive a much lower rate for carrying multiple policies . "}
{"input": "Is Social Security A Retirement Plan? ", "output": "Social Security is a supplemental retirement plan . It is generally not advised that one plan to use social security as his or her sole retirement plan . Originally Social Security was designed to be an income plan for people who had lived extraordinarily long and were at a stage in life where working became extremely difficult if not physically impossible . "}
{"input": "Can I Add My Girlfriend To My Auto Insurance Policy? ", "output": "Insurance follows the car . You can add any member of your household to your policy . You can loan your car to anyone you please . If your girlfriend did n't live with you and was in an accident while operating your car with your permission , she would be covered to the limits of your policy . "}
{"input": "Which States Offer State Disability Insurance? ", "output": "California , New Jersey , Rhode Island , Hawaii and New York offer short term State Disability Insurance programs . Workers are protected from losing their jobs due to inability to work for short term illnesses or injuries that are incurred while not working on the job in these five states . Some states provide their own insurance , while others mandate that private employers provide it . "}
{"input": "Which States Offer State Disability Insurance? ", "output": "California , Hawaii , New Jersey , New York and Rhode Island either offer short term disability insurance or mandate that employers provide it to their employees . The details for each plan vary widely , depending on the state . "}
{"input": "Can You Get Car Insurance After An Accident? ", "output": "Absolutely , but you are going to have to pay for it . You can always get insurance after an accident , but be aware that it will effect your premium . Even if we assume that the accident was not your fault , many insurance companies will view it as a ding against you being a profitable risk . So , in order to turn you into a profitable risk they will charge you more for your premium . My best advice is to shop around because some insurance companies will not want to insure you , which will be made evident by monthly premiums being upwards of $ 300 . I hope this information helps . "}
{"input": "Who Is Not Eligible For Medicare Part B? ", "output": "You must be eligible for Medicare Part A to be eligible for Medicare Part B . If you do not qualify for premium-free Part A , you must either be a United States citizen , a permanent resident , or another lawfully admitted resident -LRB- with at least 5 years of permanent residency in the U.S. -RRB- when you go to apply for Part B . If you do n't meet these requirements , you would not be eligible for Part B. Also , if you 're under 65 and do not meet the disability or end-stage renal disease exceptions to receive Medicare benefits , you would not be eligible for Medicare Part B . "}
{"input": "Why Would My Homeowners Insurance Go Up? ", "output": "Homeowners policies with replacement cost coverage generally have a clause that adjusts the amount of coverage each year to keep pace with increased cost of construction . That typically accounts for about a 3 % annual increase in the homeowners premium . The effects of a claim can be quite noticeable . Beside the claim , the homeowner might be losing a claims free discount . Finally , companies do adjust their rates . Although they do operate on a very slim margin , the company may file to make sure that they remain viable in a particular state . "}
{"input": "Why Would My Homeowners Insurance Go Up? ", "output": "Great question ! There are a few reasons why it may have increased . Did you file a claim ? That may sometimes have an effect on your rate . Did you have other policies -LRB- Auto , life , etc. -RRB- tied to that policy that you may have ended that cancelled a discount that you were receiving ? It may be just that the company raised its rates because their profits were down , and they wanted to recoup them . I advise that you call them , and have them explain to you what the reason was . If you need more help , please contact me , I 'd be happy to help . Thanks for asking ! "}
{"input": "Does An Auto Lease Include Insurance? ", "output": "Yes in fact most dealers will not lease you a vehicle unless you carry full coverage insurance with specified limits . Generally those limits are at least $ 300,000 in liability and $ 1000 or less deductible on your collision coverage . When you lease a vehicle the dealer technically still owns the car and he is going to make sure he is protected . "}
{"input": "Does An Auto Lease Include Insurance? ", "output": "Very good question the answer is no . When you lease a car you have to buy insurance on your own . The leasing bank does require you to have auto insurance at a certian limits of libility . Its not included but required . Most leasing companies do check and vertify you have car insurance . "}
{"input": "How To Compare Health Insurance Plans? ", "output": "That is an excellent question ! With any insurance plan , the idea is to compare the important things - coverage , cost , availability of services , and your deductible and out of pocket expenses . You want to look for a plan that offers the most services -LRB- what will they allow for payment as far as treatments , services , etc. -RRB- for the least amount of money -LRB- your monthly premium cost -RRB- , with the lowest amount that you have to pay before they do -LRB- your co-pays and deductibles -RRB- , in the widest network of providers -LRB- People who can do these treatments or services and accept this insurance -RRB- . The Affordable Care Act -LRB- Obamacare -RRB- Government exchange site , www.healthcare.gov provides you with the opportunity to compare plans , as well as determine whether you 'd qualify for discounts , without obligating you to any purchase . It 's a great way to get an idea of what is being offered in your area . If you choose to look for a local insurer for the coverage , it gives you a good frame of reference to work from . I hope that you find what you are looking for , thank you for asking ! "}
{"input": "What Is A 403 B Tax Deferred Annuity? ", "output": "That is a great question ! A 403b is a retirement plan that is set up for certain occupations , like school teachers , Ministers , and some tax exempt organizations . They can be funded by annuities , custodial mutual fund accounts , or a combination of both . The contributions can be made to an account pre-tax , and taxed upon withdrawal , or they can be in a Roth and taxes on contributions paid in result in tax free withdrawals . You will want to see which plan options are available to you , and speak with an adviser about what would work best for you . Thanks for asking ! "}
{"input": "What Is A 403 B Tax Deferred Annuity? ", "output": "403 -LRB- b -RRB- is a section in the Internal Revenue Code that allows certain occupations to defer income for the purpose of retirement . An annuity is not the sole funding mechanism for a 403 -LRB- b -RRB- . Annuities are probably the most popular vehicle . If your employer can offer a 403 -LRB- b -RRB- they will provide information about their program . Basically taxes are deferred during the accumulation phase and the payout in retirement is taxed as ordinary income . "}
{"input": "What Are The Best Medicare Advantage Plans? ", "output": "There is no `` best '' Medicare Advantage plan . Benefits and premiums vary by zip code and from year to year . The `` best '' plan is the one that fits your needs and budget . Medicare Advantage plans are similar to traditional major medical plans in that they have copay 's and deductibles . But the difference stops there . Most Advantage plans have networks . Some networks are local while others are regional . Some Advantage plans only include coverage if you are treated by a network provider while others will include out of network coverage but with a higher -LRB- and usually separate -RRB- deductible , higher copay 's and higher out of pocket . Exceptions are made to the out of network penalty for true medical emergencies . Make sure you understand all details of the policy , especially your out of pocket maximum . The out of pocket limit does not include non-network benefits or Rx . It also does not include any non-covered medical treatment . In most areas less than half the doctors accept ANY Medicare Advantage plans . Even if your doctor does accept Advantage patients they may not participate in your particular plan "}
{"input": "What Are The Best Medicare Advantage Plans? ", "output": "No Medicare Advantage Plan is best . Everyone has different needs and different things they want . One person would consider the plan with the lowest premium to be best . A different person would consider the plan with the lowest max out of pocket to be best . The centers for Medicare and Medicaid have actually banned the use of the word best when describing any of the Advantage Plans . "}
{"input": "Does Car Insurance Cover Hail? ", "output": "Hail is typically covered under the comprehensive portion of your car insurance . Often , there is little or no deductible . The cost of repair is extremely expensive -LRB- often thousands of dollars -RRB- , so whenever possible , keep your vehicle indoors when hail is forecast . You can also view the comprehensive deductible you have on your declarations page . "}
{"input": "Is United Healthcare A Good Health Insurance? ", "output": "United Healthcare is one of the largest companies in the world and ranks in the top 20 of the Fortune 500 . It insures more people than any other company for health insurance and Medicare plans . Their plans are solid and there history of rate increases has been competitive . Yes , I consider it a very good company . "}
{"input": "Why Do We Need A Retirement Plan? ", "output": "Without a retirement plan , your money will probably go to whatever appears to be most urgent at the time . For people with wealth , this could be your children wanting to go to the most expensive colleges , your spouse wanting to buy a very expensive home , or you wanting to take up an extremely costly hobby . For those of more modest means , it could simply be eating out every day . No matter where you are pulled to spend your money , without a plan , there may not be enough left to retire on . Considering that you could easily live 20 years past the age when you retire , it is important to plan ahead so that those years are as comfortable as the years preceding them . "}
{"input": "Why Do We Need A Retirement Plan? ", "output": "As a young professional , I view my retirement plan as a top priority . Many do not begin putting their plan in place until after they have children or perhaps when they reach a certain age , say 45 or 50 . The truth is , the earlier you begin your retirement plan the more likely you will succeed with it . There are many ways to create your retirement fund , but they all begin with saving . If you start saving now , you will have enough saved up to either live comfortably off of when you do retire , or to put those funds towards something like an annuity that guarantees you will have money to live off of for the rest of your life . Call your agent today to discuss your options and discover what makes the most sense for you . "}
{"input": "Why Do We Need A Retirement Plan? ", "output": "Someday we will want to or have to retire . How we save today will determine how we live in retirement . A retirement plans is simply paying your self first every pay check . It 's investing in your senior lifestyle . Social Security can help , but more than likely it 's going to be inadequate . So it 's important to live a little lower lifestyle today and set aside money for a comfortable lifestyle in your golden years . "}
{"input": "Is AAA Term Life Insurance Good? ", "output": "AAA Term life insurance has the same guarantees of most Term life insurance . As of June , 2012 , their company 's AM Best rating is A - . To compare rates with AAA Term life insurance , go to a website offering instant life insurance quotes . Also , be sure to review the health requirements needed for AAA life insurance before applying . If you apply and are declined , it will go on your MIB and could make it more difficult to purchase some other life insurance policies . "}
{"input": "Does Medicare Pay For Esteem Hearing Implant? ", "output": "Unfortunately , Medicare does not pay for Esteem hearing implant because it is a fully implantable inner ear hearing aid , and hearing aids are excluded . Medicare will cover prosthetic devices that replace the function of the middle ear , but does not address whether Esteem is considered this type of prosthetic device . "}
{"input": "What Kind Of Term Life Insurance Do I Need? ", "output": "what kind of term life do I need ? Well , first and foremost you need the convertible kind of term insurance . Why ? Because if you miscalculate and have to continue your coverage a convertible policy allows you to purchase a new policy from the company you purchased the term from without having to prove good health . Believe me , this is the most important part of a term policy as it protects you from being wrong about how long you 'll need coverage . "}
{"input": "What Kind Of Term Life Insurance Do I Need? ", "output": "The name Term indicates that the policy is all about a period of time . If those you love or those you owe will only need money in the event of your death during a particular period of time , select the term policy that matches that period of time . For example , if you owe $ 100,000 but the debt is scheduled to be repaid in ten years , then purchase a 10 year term policy . "}
{"input": "What Kind Of Term Life Insurance Do I Need? ", "output": "I suggest the first question should rather be what type of life insurance do you need . It may not just be term . Consider permanent . While more expensive the first two years , with its appreciation and locked in premium for a lifetime , overall it actually ends up being less expensive and can be borrowed against and never repaid and kept tax free and also can pass an inheritance tax free -LRB- as can term of course -RRB- . But if term is the only answer for you , than at lease consider term which will allow you to convert some or all of it to permanent later . Also think about universal term or indexed universal term . They can have some growth and may even lock some of that in . Do not get an extremely long term , because the majority of folks let it lapse , while having paid extra each month just to have that longer period . Always think about converting as least some of it to permanent . Discuss your options with your agent . Thank you . GARY LANE . "}
{"input": "What Kind Of Term Life Insurance Do I Need? ", "output": "When buying Term Life Insurance , it is a good idea to match the length of the term with life events . E.g. Becoming a parent . Losing your income could cause great hardship to your children , until the age when they are earning their own living . So 20-30 year Term is recommended . Yes , you could get 10 year Term and then buy a new policy when the first one expires . But what if you develop a serious illness in the next 10 years , are charged higher premiums , have medical bills piled up , maybe even had to go on disability , and ca n't afford the new policy ? Sounds far fetched , but that is honestly a more probable scenario than your passing away in the next 10 years . Matching the length of your Term policy to your need -LRB- based on life events -RRB- can save you a lot of money in the long run . "}
{"input": "Does Renters Insurance Cover Falls? ", "output": "That is a great question ! Your answer will be found in your homeowners policy , and the details of the accident . If the fall was due to some fault of yours , on your property , then hopefully your liability portion of your policy has you covered . But not all policies are the same , so you may want to contact your agent and have them give you your answer . Good luck , and thank you for asking ! "}
{"input": "Does Renters Insurance Cover Falls? ", "output": "It may . Your renters insurance provides some liability coverage for accidents that occur on your premise that is listed on the policy that you are deemed responsible for . Most carriers provide one hundred thousand dollars of liability coverage in a base policy . 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": "What Are Car Insurance Deductibles? ", "output": "Car insurance deductibles are typically applied to the collision and comprehensive portion of your auto insurance policy . The deductibles are the portion of the claim you must pay . Thus , if your damage was $ 4500 and your deductible was $ 500 , you would be reimbursed $ 4,000 for the repair of the car or other damage sustained from a covered loss . "}
{"input": "When Do You Plan For Retirement? ", "output": "The first day of full employment you should pay yourself first via a retirement plan . Even if it 's a small monthly amount , start your money discipline every pay period . Procrastination can be costly . Saving or investing today will have a direct impact on your retirement lifestyle in the future . "}
{"input": "What Health Insurance Can I Get With A Pre-Existing Condition? ", "output": "One of the main provisions of the Affordable Health Care Act that went into effect January 1 of this year , is that one can no longer be refused coverage for a pre existing condition . Coverage information and premium ratesare available from many insurance providers that are compliant with the new law and can be found either through the Federal Government 's web site or various state Health Exchanges . "}
{"input": "How To Make A Claim On Renters Insurance? ", "output": "If you have renters insurance and you have a claim the place to start is to call the claims department of your current carrier . This number should be located on your policy declaration pages and possibly your billing statements . If you do not have the paperwork handy contact your local agent and they can help get you the information that you need . "}
{"input": "Should Homeowners Insurance Go Up Every Year? ", "output": "Homeowner insurance premiums do not necessarily increase every year but they often do , for some of the following reasons . Check to see if your homeowner insurance carrier was granted a rate increase in your State . That would certainly be a reason . Absent a rate increase or increased hazards with regard to your property -LRB- new swimming pool , dangerous pets , etc. -RRB- , it is possible that your homeowner insurance carrier utilizes an automatic inflation guard feature , to account for increased construction costs in your area , including labor , materials , adherence to local building regulations , etc. . Check with your agent to review your policy . You may want to increase your deductible . You may also want to have the agent obtain rates for you from other carriers in your area . Try to get the strongest rated carriers , if pricing is competitive and coverages are what you want . "}
{"input": "Should Homeowners Insurance Go Up Every Year? ", "output": "If your policy is increasing rapidly , you should visit your insurance agent and determine what is happening . Often the automatic increases mandated when a policy has guaranteed replacement cost as the adjustment basis , accelerate too quickly . It only takes a few minutes to run an estimate to rebuild your home and armed with that information insurance companies will usually reduce coverage to the appropriate level with reductions in premium as well . "}
{"input": "What Does 30 Year Term Life Insurance Mean? ", "output": "Thirty Year Term means that the policy will be in force for 30 years , at which time the policy may be renewed if that option is available or unless it converted to a permanent policy -LRB- again if that option is available -RRB- , it will terminate . There are a couple different types of term policies . Level Term means the face amount will stay level for the term of the policy . This is most common . There is also decreasing term , meaning the face amount decreases over the term of the policy . This is usually used to cover a mortgage for example . There is also increasing term where the death benefit increases over the term of the policy . This is far less common . There are some term policies that allow for premium increases during the term of the policy so be careful and do n't just assume the premium will stay level . I have seen some contracts that allow companies to increase premiums based on there mortality experience . "}
{"input": "What Does 30 Year Term Life Insurance Mean? ", "output": "It means that based on your current age and qualifications , you receive a fixed premium for the coverage amount requested for a 30-year period . This premium wo n't change for the remainder of the term once the policy is issued and bound as long as you make payments on-time and avoid lapsing coverage . At the end of the 30 years , the policy is terminated . Some policies allow you to convert or continue past the 30 year period at a substantially higher premium , otherwise you would be left to acquire a new policy at your new age 's underwriting standards and premium rates . "}
{"input": "What Does 30 Year Term Life Insurance Mean? ", "output": "The 30 years refers to the period of time where the premium is level in cost . It could be 10,15 20 or 25 level years as well . Most policies these days are written to last past their level premium window . Most will continue in force to age 90 or 95 . That said , the premium jump would be significant and would increase every year there after . "}
{"input": "Does Medicare Cover A Nose Job? ", "output": "Medicare will cover a nose job when it is considered medically necessary - this is generally seen with things like corrective surgery due to a broken nose . If the nose job is only warranted for cosmetic purposes , you would be paying for the procedure out of pocket . "}
{"input": "How To Work From Home As An Insurance Agent? ", "output": "First get licensed in your state . Then get contracts with some companies either directly or through a marketing organization . Working from home takes a lot ofdiscipline For a new agent I highly recommend going through an organization that provides training and support and mentoring . You can still work at home but having the structure of weekly training meetings will help keep you motivated and give you the help you need to get started . "}
{"input": "How To Work From Home As An Insurance Agent? ", "output": "There are steps you can take to increase your chances of success while working as a life insurance agent from home . See my article , WEBSITELINK , for 10 steps to setting up a successful online life insurance business . Once you have that part done , you will be set to reach out tofriends , relatives , neighbors and others . "}
{"input": "What Is The Average Cost Of Medicare Part C? ", "output": "Medicare part `` C '' is an insurance product designed to help with the 20 % cost , the member is responsible for with traditional Medicare . It is administered by private insurance companies , & premiums can be as little as zero dollars per month . If Medicare Advantage is not purchased members should purchase a Medi-Gap or Medicare supplement insurance to cover the 20 % risk exposure . A members heart attack cost $ 440,000.00 the members co insurance was $ 88,000.00 , with a Medicare Advantage there is a maximum annual out of pocket usually around $ 3,000.00 . "}
{"input": "What Is The Average Cost Of Medicare Part C? ", "output": "When looking at the average cost of Medicare Part C a person should consider the monthly premium as well as the out of pocket costs throughout the year . In many states the premium for a Medicare Part C -LRB- or Medicare Advantage Plan -RRB- can be $ 0 per month to $ 50 per month . However , the max out of pocket costs can be as much as $ 6,700 per year . You will also want to make sure you are happy with the network of doctors and hospitals that are available to you . Going to a provider outside of the network can cost you a lot more . You may also need to get a referral before seeing a specialist . In contrast , those that have a Medicare Supplement Plan have a monthly premium but have far less out of pocket costs throughout the year . There is also no network which means you can see any doctor or hospital you like . You also do not need to worry about getting a referral for a specialist . The benefits of a Medicare Supplement Plan -LRB- Medigap Plan -RRB- can not change from year to year . An independent agent will be able to help get you all the information so that you can decide which is better for your specific situation . For more information about Medicare visit our website . "}
{"input": "Do I Need To Enroll In Medicare Every Year? ", "output": "No , you do not need to enroll in Medicare every year.However I recommend reviewing your plan annually to determine if it is still the best plan to suit your specific needs . Medicare part D -LRB- prescription drug coverage -RRB- should be reviewed as well . For both Medicare Advantage and Prescription drug coverage the enrollment period to make a change in plans is from October 15th thru December 7th . "}
{"input": "Do I Need To Enroll In Medicare Every Year? ", "output": "Once you are enrolled in Medicare Part A and Part B , that is it . You do not need to re-enroll in Medicare . If you have a Medicare Advantage plan -LRB- sometimes referred to as Medicare Part C -RRB- you should review your current plan each year and compare it to other options . Pay attention to your ANOC -LRB- Annual Notice of Change -RRB- that usually arrives in your mailbox in September of each year . Your ANOC will let you know which changes are coming in your plan . If you have Medicare Part D -LRB- drug coverage -RRB- you should also review this plan every year . Even if your premium does not change often the coverage will change . Drugs covered under the formulary this year may not be covered next year . "}
{"input": "What Does Term Life Insurance Mean? ", "output": "Term life insurance provides inexpensive coverage for a specified number of years . During this time , typically , the rate and face amount of coverage are guaranteed not to increase . When this period of time is over -LRB- usually 10 , 15 , 20 or 30 years -RRB- , you can re-apply for a new policy at your current age . Sometimes you can renew the policy at a guaranteed rate that is very high . "}
{"input": "What Does Term Life Insurance Mean? ", "output": "Term life insurance is life insurance that has the premium locked in for a set number of years . Most term life policies guarantee that the premium will not go up , and the face amount will not go down , while the policy is in effect within this term of years . "}
{"input": "What Does Term Life Insurance Mean? ", "output": "Because the death rate remains stubbornly at 100 % , a term life policy addresses the problem of when a person might die . The term is the period of time that the company offers to pay the death benefit for the agreed premium . Often there are other incentives and provisions in the policy . However , basically the insurance is for a period of time . That might be quite appropriate in a wide variety of cases , like a long term debt or the child-raising years . It is pure cost if the insured lives past the term . "}
{"input": "What Does Term Life Insurance Mean? ", "output": "Term Life insurance is a life insurance solution product that provides a death benefit for a certain period of time , usually 10 , 15 , 20 or 30 years . It is a pure death benefit product meaning that there are no provisions for cash accumulation within the contract . In many cases , the policy has a provision that enables you to convert all or a portion of it into permanent coverage without having to prove insurability or undergo and physical examination . "}
{"input": "What Does Term Life Insurance Mean? ", "output": "Term life insurance is temporary coverage to indemnify beneficiaries against economic loss at the death of the insured . T.E.R.M. = Temporary Expense Reimbursement Money . The term life insurance market offers guaranteed coverage for a specific duration of time : 5 , 10 , 15 , 20 and 30 years . "}
{"input": "What Is The Best Medicare Supplement Plan In Kansas? ", "output": "The best Medicare supplement plan in Kansas is the same as in Georgia or any other state . The plan that meets your needs and budget is the right one for you . All plans with the same letter are identical in every way except premium . When you pay more you do n't get more , you simply paid too much . "}
{"input": "Where Do You Get Renters Insurance? ", "output": "You can typically purchase renters insurance through any carrier that handles auto and homeowners insurance . The best place to start to find this sort of coverage is to contact a local agent . They will be able to inform you of the companies and coverages that they have to offer . Do n't leave yourself financially exposed get coverage today . "}
{"input": "How Much Long Term Care Insurance Is Necessary? ", "output": "Long term care insurance -LRB- LTCi -RRB- is part of retirement planning . The total medical cost during retirement is $ 250,000 . Some of that expense could be LTCi assisted living or nursing home care . If you have discretionary dollars , it is recommended to purchase an LTCi policy to the maximum allowable benefits before age 65 . A nonsmoking male and female in good health purchasing a combined LTC policy will pay around $ 300 a month . "}
{"input": "How Much Long Term Care Insurance Is Necessary? ", "output": "Like most insurance , it 's hard to know how much is the right amount , since we do n't know what your future holds . However , there are lots of statistics you can go by . Many of the stats , along with the average amount of coverage that many people buy , point to a `` pool of money '' somewhere in the $ 200,000 range . There are lots of ways to `` tweak '' a Long Term Care policy , somany questions will get answered when you 're actually working with your agent to build your policy . "}
{"input": "How Does Credit Life Insurance Work? ", "output": "Credit life insurance pays the lender the amount that is owed them by the borrower , if the borrower should pass away before the debt is paid off . The entire death benefit goes to the creditor . Regular life insurance pays the borrower so that their beneficiaries can pay off what is left of their debt and use the rest of the death benefit for other purposes . "}
{"input": "Can I Get Medicare And Not Social Security? ", "output": "You can get Medicare when you turn 65 and not receive a Social Security benefit check . Medicare Part A is free but the standard premium for Medicare Part B for 2016 is $ 121.80 . If you are not receiving a Social Security check you will have to pay the Part B premium on a quarterly basis and mail it to Social Security . Once you start receiving a Social Security check the Part B premium will be automatically deducted from your check . "}
{"input": "Can I Get Medicare And Not Social Security? ", "output": "You are eligible to apply for Medicare 3 months before you turn 65 , even if you are not applying for Social Security retirement benefits at the time . The application can be completed online on the Social Security website or you can visit your local office and sign up in person . "}
{"input": "If You Cash In Life Insurance Is It Taxable? ", "output": "In Canada , you are taxed on the policy gain at surrender and certain other events that are considered deemed dispositions . These include borrowing in excess of the policy gain , a partial surrender and most transfers of ownership . Essentially the policy gain is calculated by subtracting from the cash value the total premiums paid after deducting the cost of insurance and any riders . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "If You Cash In Life Insurance Is It Taxable? ", "output": "It can be . If the policy being surrendered is a permanent life insurance policy with cash value , theinterest that has built up can be taxable . When this happens , the carrier would send you a letter noting the taxable amount . Talk to your agent before cashing in a life insurance policy . There may be other reasons why you should keep it going or alternatives that are more suitable for your situation . Once you have surrendered the policy , you ca n't undo it . "}
{"input": "If You Cash In Life Insurance Is It Taxable? ", "output": "If you surrender a life insurance policy the interest that has been generated within that policy is taxable during that year and you will receive a statement to that effect from the insurance company . One way to avoid tax is to borrow from the cash value . You may borrow without tax as long as the policy stays in force . "}
{"input": "When Does A Whole Life Insurance Policy Mature? ", "output": "Throughout the last fifty years whole life insurance has extended its maturity date of its policies several times . One of the old maturity dates from the 1958 CSO tables was age 95 of the policy insured . Today several whole life companies extend their policy maturity dates out to age 120-121 . "}
{"input": "Can I Claim Ultrasound On Medicare? ", "output": "If the ultrasound was done for a medically necessary reason , an ultrasound can be claimed on your Medicare coverage . If the ultrasound was done for pregnancy -LRB- the pregnant woman would most likely be disabled if receiving Medicare at an age at which she can carry a baby -RRB- , Medicare will cover ultrasounds again , as medically necessaary . "}
{"input": "Why Is Health Insurance Too Expensive For Many Families? ", "output": "Health insurance costs are definitely unaffordable for many families . Part of the reason is obesity in this country and the associated costs . Part of the reason is the new technology , which is excellent but costly . Part of the reason is benefits that are now mandated by the government . Part of the reason is the cost of malpractice insurance doctors must buy . In other words , there are lots of reasons . Under the affordable care act , you 'll get assistance with the premium depending on your income level . "}
{"input": "How Can You Lower Your Disability Insurance Premium? ", "output": "The first place to start is to examine any riders on your disability insurance policy and weigh the economic value of the provision . If the economic value is not worth the money , then consider dropping it from the contract . You can change and/or extend the elimination period or the length of the benefit . Those two items can also deliver premium savings . If youre healthy , you may consider shopping your disability insurance policy to several companies to see if there is any premium savings to be had . But before you do anything , consult with a disability expert who can walk you through these alternatives and their ramifications . "}
{"input": "What Type Of Auto Insurance Does California Require? ", "output": "California requires liability limits of 15/30/5this means 15,000 bodily injury for any one person and 30,000 for the entire accident you are held liable for . Also 5,000 for the property damage you cause . Property damage would be other peoples property such as a car or building for example . These are the legal minimums in California . All other coverages including uninsured motorist and physical damage to your vehicle are optional . If you chose not to carry uninsured motorist protection you will be required to sign a rejection letter stating you have been offered the coverage and you have chosen to reject uninsured motorist . Have a conversation with your agent to discuss how much protection you need as these limits while legal under California proposition 103 laws can leave many significantly underinsured . "}
{"input": "Does FDIC Regulate Annuities? ", "output": "The FDIC does not regulate annuities . The state department of insurance for each state oversees annuity filings and the general sales practices of its agents . Variable annuities are regulated , not only by the state department of insurance , but FINRA because it is a security . Agents must be licensed and registered to sell variable annuities . "}
{"input": "What Is The Best And Cheapest Medicare Supplement Insurance? ", "output": "The best and cheapest Medicare supplemental insurance plan in your state is probably the one with the lowest premium Paying more does not get you a better plan , so more often than not the cheapest plan is the best plan . Seniors that use tobacco will pay 20 % more than those who do not use tobacco . . The most expensive Medicare supplement insurance plan is F . It is also the most popular -RRB- You can sometimes find instant Medicare supplement insurance quotes but keep in mind the lowest rates are usually not illustrated online . #GeorgiaMedicarePlans "}
{"input": "What Is The Best And Cheapest Medicare Supplement Insurance? ", "output": "The best Medigap Plan is the one that has the benefits you want at a great price . All Medigap Plans are standardized , so Plan G benefits with ABC insurance company are the same Plan G benefits with XYZ insurance company . The only difference is the price . The most expensive Medigap Plan is Plan F , because it has the most comprehensive coverage . It can be found at a great rate in many areas of the country , but it will still be more expensive than other Medigap Plans . Medigap Plan G acts like Medigap Plan F after you meet the annual Part B deductible -LRB- $ 147 in 2014 -RRB- . It 's premium is typically lower than Plan F . There are other Medigap Plans with varying benefits and premiums . But the two listed above are considered to be the most popular . An independent agent specializing in Medicare Supplement insurance will be able to see if you qualify for the lowest premiums available . Thank you for reading my response . Please let me know if I can be of further assistance . "}
{"input": "What Is The Best And Cheapest Medicare Supplement Insurance? ", "output": "The question is difficult to answer because of the amount of variables involved but I will try to cover all the bases . If you want a Medicare supplement that is going to cover all Medical expenses approved but not covered in full by Medicare , you would go with a plan G or Plan F. Plan G has a deductible of $ 166 but after it has been met , it is the same as a plan F which covers the $ 166 Part B deductible . So for full coverage , go with Plan F or G but they will cost you the most a well . If you have a high amount of medical care , the math will work on these plans . If you do not utilize a lot of care , you will be spending the money on premium every month but getting your moneys worth out of it . For those that have low/basic medical needs , you could try a lower cost option . Plans K , L and High F supplements can all be good options to consider . Like all Medicare supplements , you can still go to any doctor that accepts Medicare when using these plans . Depending on the state you live in and company you choose the price points will vary between the three plans . In a nutshell here is what they cover . Plan L - covers 75 % of the costs not covered by Original Medicare Plan K - covers 50 % of the costs not covered by Original Medicare High F - covers 100 % of costs not covered by Medicare after a deductible of $ 2,180 has been met . The deductible is not a true deductible but means that you only pay the deductibles and copays not covered by original Medicare . Original Medicare still provides the benefits you would normally get but the High F plan does not cover the left over costs until the $ 2,180 has been met . High F usually has the lowest price point of the three plans . In some states , the premium can be as low as $ 28 a month for the plan . Given it is a supplement , you would still need to buy a drug plan if you wanted RX coverage . "}
{"input": "Can You Negotiate Homeowners Insurance? ", "output": "No . Insurance rates are set by actuaries . They are mathematical professionals who calculate the probability of an event occurring , and price their rates accordingly . They do give credits for a reduction of risk -LRB- alarms , sprinklers , nearby fire hydrant ... -RRB- , but the number is not negotiable . Every company calculates their risks differently , and some may need to add a certain risk in their portfolio in order to diversify , or may prefer a certain type of risk , and therefore will be priced better for a certain policy , which is why your agent should shop your policy to multiple carriers to ensure you get the best rate . "}
{"input": "How Much Does Health Insurance Cost For Small Business Owners? ", "output": "Small business plans can be a group health plan covering -LRB- usually -RRB- 2 or more full time employees or the business can provide individual major medical coverage . Group health insurance plans are usually more expensive than individual plans . For essentially the same coverage , it is not unusual for group health plan premiums to be 2x -LRB- or more -RRB- the rate for an individual major medical policy . Currently group health insurance plans are implemented when there are a number of employees to be covered and some of them have medical conditions that are impossible to insure in the individual market . "}
{"input": "How Much Does Health Insurance Cost For Small Business Owners? ", "output": "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 , you 'll need to contact a health insurance agent - working with an independent one will allow you to shop for quotes from multiple companies in one place . I hope the information is helpful - please feel free to contact me for help with your health insurance needs and if you have any other questions . Thanks very much . "}
{"input": "Does Homeowners Insurance Cover Damage To Personal Property? ", "output": "To the best of my knowledge almost all homeonwers insurance policies provide some personal property coverage less the policy deductible up to the policy limits . Read your policy completely to understand the coverage provided and any exclusions that may be contained within or contact your local agent to have them go over the policy with you . "}
{"input": "What Is Traditional Life Insurance? ", "output": "Traditional Life Insurance is Whole Life that has cash value and is guaranteed to remain in effect for one 's entire life , as long as premiums are paid . Term life is not considered traditional life insurance , per this definition . However , sometimes Term life insurance is sometimes referred to as `` traditional term '' when offered by some group policies . This does not mean that these Term policies have a cash value . "}
{"input": "Can Car Insurance Companies Check Police Records? ", "output": "Car insurance companies , among other underwriting standards , include information obtained in accident and motor vehicle reports in order to determine both eligibility and pricing for a car insurance policy . This information is universally used by every auto insurance company that I know of when considering an application for both personal and commercial insurance . "}
{"input": "How Do 401K Loans Work? ", "output": "401 k is an investment that allows your employers or individual to put earnings that are not taxed until you use them . They have certain penalties for early withdraw fees . Normally you have to be 591/2 years old to cash in or use the account . Its has certain tax benefits for retirement . The investments are up to the employer usually . "}
{"input": "What Is An Elimination Period In Short Term Disability Insurance? ", "output": "In order to start receiving short term disability payments from an insurance company , you must have qualifying conditions for a specific period of time as set forth in your short term disability agreement or company handbook . This `` elimination period '' is a specific number of days , generally continuous , which you must be out of work due to a non-occupational illness or injury . Most companies will require you to first use a portion of your PTO time . Elimination periods can vary , but most are from zero to 30 days . Consult with your human relations handbook to see the specific details of your plan . "}
{"input": "What Is An Elimination Period In Short Term Disability Insurance? ", "output": "An elimination period is the time you must wait between the onset of a disabling illness or injury , to the time when you can begin drawing benefits from your short term disability policy . The cost of a Disability Insurance policy is usually lower when the chosen elimination period is longer . "}
{"input": "Can You Pay Auto Insurance Monthly? ", "output": "I am sure that you will be able to find an agent who can write an auto policy that is payable monthly . The monthly premium can be a bit deceptive because states often prescribe the number of days the company has to notify a customer of non-renewal before the cancellation date . As a result the first period of installment may be fewer but higher than subsequent payments . "}
{"input": "Can You Pay Auto Insurance Monthly? ", "output": "This is something to discuss with your Insurance Professional , but for the most part , Insurance Companies usually offer a wide range of payment options including monthly installments . In many cases , there may also even be choices for various options that may include direct bill , monthly electronic funds transfer -LRB- EFT -RRB- or automatic bank card . "}
{"input": "How Much Is A 20 Year Term Life Insurance? ", "output": "The cost of a 20 year Term life insurance policy will depend on the age , sex , tobacco status , build , and health history of the applicant , along with a other factors such as dangerous hobbies and excessive traffic tickets . It can cost from $ 10/mo to thousands of dollars per month . To find what a 20 year Term life insurance policy will cost for you , you can run some quotes on the many websites offering them , or call an agency that sells 20 year Term from at least 5 different companies . Without being able to compare quotes for people of the same age and health , it is impossible to know what a good price is . "}
{"input": "How Much Is A 20 Year Term Life Insurance? ", "output": "A nonsmoking male age 45 for $ 500,000 death benefit 20 year guaranteed term life insurance : Super preferred health $ 605 annually . A nonsmoking female age 45 for $ 500,000 death benefit 20 year guaranteed term life insurance : Super preferred health $ 480 annually . "}
{"input": "What Is Not Covered By Renters Insurance? ", "output": "A typical renters insurance policy can contain many exclusions and these exclusions can vary from carrier to carrier . Flood damage and intential acts are typically not covered by renters insurance . Please read your policy completely to understand the coverage provided and the exclusions contained within or contact your local agent to have them go over the policy with you . "}
{"input": "Can Your Car Get Repossessed For No Insurance? ", "output": "That is going to depend on the agreement that you have with your lender for the automobile loan and your state laws . If the agreement that you signed for the auto loan has a stipulation in it that requires you to carry auto insurance and you do not then at minimum the lender would be able to come after you for breach of contract -LRB- which may allow them to reposes the vehicle just the same as if for non-payment -RRB- . This question would be better answered by a local attorney . "}
{"input": "Why Is Disability Insurance More For Women? ", "output": "Disability insurance costs more for women because women make more and longer claims on their policies than men do , on average . Complications from pregnancy and childbirth account for some of the difference between men and women in claims made on long term disability . Normal pregnancy accounts for some of the difference in number of claims made for short term disability . "}
{"input": "Is Life Insurance Yes A Legit Company? ", "output": "I have never heard of Life Insurance Yes and can not find it anywhere . It is possible that it may be an obscure company , or perhaps another company is offering a life insurance product called `` Yes '' . You should contact the Better Business Bureau before purchasing a policy from an unknown company . "}
{"input": "When Do You Not Need Life Insurance? ", "output": "The only time you typically do n't need life insurance is when no one depends on your income in any way or if you have enough assets to cover any needs should you pass away . One example would be a single person with no dependents , no secured debt , and enough assets to cover the cost of a funeral . Even a person in this situation may want to have enough insurance to cover the funeral as assets may not be accessible for a significant amount of time . Many people think they need life insurance once they have children , but it is important for those married or living with someone as well . Life insurance will not only allow the survivor to maintain their standard of living , but also gives them financial security through the grieving process . Taking the time to create a will and ensure you have proper life insurance is one of the greatest gifts you can give your loved ones and help them know how much you care at a time of great grief . "}
{"input": "When Do You Not Need Life Insurance? ", "output": "Wow , that is a rare one . If you have absolutely no loved ones , no family , no friends , no charities you believe in , or religious organizations you support . If you have someone selected to arrange for your funeral and burial , and the funds to do so , with no creditors trying to take your money , then , and only then , might you get by without life insurance . If , however , there is just one person you care about , and want to take care of them after you are gone , or for them to take care of you and your final arrangements , YES , you too need life insurance . "}
{"input": "How Much Is Life Insurance For A 45 Year Old? ", "output": "The cost of a $ 250,000 twenty year term policy for a very healthy 45 year old male who does not use tobacco can run as low as $ 30/mo . That same man could get a permanent policy of $ 250,000 for about double that amount . A woman age 45 and in perfect health will have lower premiums than these . If there is even one small health problem , a family history of heart disease or cancer , any tobacco use , being overweight , or many other reasons , this rate will be higher . "}
{"input": "Do I Need Gap Insurance On A Used Car? ", "output": "`` GAP '' Insurance is an answer to the problem of rapid depreciation of the value of a vehicle and usually is more promounced in new cars as opposed to older ones . It is also more likely to be an issue when a car is leased as opposed to financed or purchased outright . Thus , for many years now , auto dealers have been including this in their lease agreements . More recently auto insurance companies have begun offering this coverage as an option in their policies for leased vehicles . Talk to your Insurance Professional if you are shopping for a lease . You may find that adding the option on your auto policy is much less costly than having it included over the term of your lease agreement . "}
{"input": "Do I Need Gap Insurance On A Used Car? ", "output": "Gap insurance is a coverage that is offered either on your auto policy or through the auto finance company as an option -LRB- or requirement -RRB- on your loan . Basically , what it does is provide you a clean slate if you total a car with a loan on it . Lets look at an example : Erica buys a 2009 Volkswagon Jetta from a used car shop for $ 14,000 . The used car value could be 12,500 depending on what form you use -LRB- blackbook value , NADA , Kelly Bluebook value , etc. -RRB- The form doesnt matter here other than answering the question of is this car worth less than the loan I have on it ? Erica is required to have other-than-collision coverage -LRB- often called comprehensive coverage , which is a misnomer -RRB- and collision coverage as a stipulation for the loan she is getting with the bank or finance company . That coverage states that it will repair her car for specific reasons in the policy OR pay her the actual cash value of the car if it costs less than the repairs it would take to make the car drivable . Often a state variation will come here saying a car can not be repaired if the expenses are 70 % or more of the value of the car - the insurance company needs to pay the policyholder the actual cash value of the car instead . If you look closely at your auto policy , you also have a coverage to protect yourself from liability caused by you damaging the property of others . This is often referred to as property damage liability or the third number in your limits -LRB- such as 100/300/100 limits -RRB- . It states that it will repair the damage caused by your actions that you are held responsible for OR pay the actual cash value of that item if less than the cost of repairs . This is important , so remember it . So what does this mean for Erica , knowing this information ? Lets say Erica has had her Volkswagon Jetta for 3 years and diligently made payments on her car without missing a payment date . The loan is now $ 9,000 after interest . The value of the car has depreciated down to $ 7600 because of the age , mileage , and usage of the car . Technically , Erica is paying $ 1400 more on the car than what it is worth -LRB- taking interest out of the equation to make it easier . -RRB- Lets say at this 3 year mark , Erica gets into an accident and the car is beyond repair . It doesnt matter if she causes the accident or if someone else was at fault , because both property damage -LRB- what the other party uses to fix Ericas car if they caused the accident -RRB- and collision coverage -LRB- the coverage used to fix Ericas car if she caused the accident -RRB- use actual cash value to determine how much repairs will be made and how much money they will pay Erica . Both coverages will give Erica $ 7600 for her car . However , since Erica has a lien on the car because she is financing it , that money actually goes to the FINANCE COMPANY and Erica wont see a penny of it . The finance company will apply that $ 7600 to her loan , meaning there is a $ 1400 balance left she is responsible for . The bank isnt a charity so they will still tell Erica she has to pay it because it is still in her contract and the bank lost $ 1400 on a car that no longer exists . Erica still has to pay $ 1400 on a car she doesnt even have , and still has to buy a new car . Thats a bad place to be in life , wouldnt you say ? Even worse , Erica might still have to make payments even if the accident wasnt her fault ! She gets all of the blame of the finance company but caused none of the problems ! If Erica had gap insurance , it would kick in at this point and relive Erica of the extra $ 1400 she would be responsible for . If Erica was ahead of her loan and the cash value of the car was more than the loan , she would get any money paid above the loan amount -LRB- thus satisfying her finance company as well -RRB- and the gap insurance would not take effect . Either way , Erica isnt paying money any more on her car that is non-functional . Here are some common stipulations found in gap insurance - check with your loan company to see if they apply to you : Gap insurance is there to pay for the loan on the car and THATS IT ! If you increase the loan to pay for any extras you are typically not going to get that part of the loan covered and will still have to pay . This includes things like the extended warranty , credit life insurance in case you die before the loan is paid off , and things like that . It might even say the gap insurance isnt paid for either and you will have to pay for that . Its definitely worth looking into . Gap insurance also says that it wont take effect if you are behind on your payments on a certain amount , pay more because the car is worth less from overuse or modifications , and wont cover intentional damage to the car . Basically , its not there to handle your loan if you are financially strapped and can not handle the payments anymore and want to get rid of the car . Another option in place of gap insurance is to get the repair/replacement coverage for your auto policy . This says that instead of getting the cash value of a car beyond repair , you get a replacement car instead -LRB- even if it costs more than the value of the car . -RRB- You would still have the loan but youd have a car as well . This coverage might not be available and it often is only available for cars less than 1-5 years old and only if you are the original owner . Talk to your agent to see if you qualify . Gap coverage is an excellent coverage to get , and is worth the investment . Used cars typically drop in value faster than the loan does from payments , and you dont want to be stuck paying on a car you dont even have anymore . "}
{"input": "Which Medicare Advantage Plan Is Best For Me? ", "output": "The only way to answer your question is to research what your options in your county are and determine what you consider to be best . Some people will consider the lowest premium to be best . Others will want the lowest exposure to large co-pays and deductibles . The RX coverage is important to other people . Work with a good local insurance broker to understand all your options . "}
{"input": "Does an insurance company have a duty to defend after the policy has been canceled? ", "output": "To properly answer this question I would need additional information . However , liability policies are written on either an occurrence basis or claims-made basis . If insurance was cancelled but was in force when the incident occurred , the company would be obligated to defend on an occurrence form . If the claim was filed after the policy was cancelled , the company issuing the claims-made policy would not be required to defend . However , in litigation plaintiffs seek relief from every insurance company remotely involved with the case . "}
{"input": "Does an insurance company have a duty to defend after the policy has been canceled? ", "output": "In a Business General Liability policy that was written on an occurrence form , if the incident in question occurred while the policy was still in force , the company on the policy would respond . If it were a claims made policy and you purchased a `` tail '' endorsement which would allow you to extend the period of time for making claims and the occurrence happened during the in force period of time of the policy and the claim was make after cancellation but prior to the end of the claims-made `` tail '' coverage period , the company would respond . If no extended period -LRB- tail -RRB- endorsement was purchased the claims made policy would not respond . "}
{"input": "Does an insurance company have a duty to defend after the policy has been canceled? ", "output": "The other respondents explain that two basic triggers exist within common liability coverage policies . It is important to realize that most personal insurance - auto , home , motorcycle , rv - are based upon the occurrence trigger in the insurance policy . An occurrence is an event including repeated exposures to the same condition , that cause loss covered by the policy . You 'll understand that if the loss `` occurs '' during the policy period , the loss is coverable and a duty to defend exists until such time as it is determined after further investigation that coverage is not provided by the policy . At that time the carrier would probably extend a `` reservation of rights '' letter to you to notify you that the investigation of the loss events are revealing to the carrier that the loss is not covered for some reason contained within the policy or due to the events that occurred . Nevertheless , if the loss `` occurs '' during the period the policy was effective , and barring exclusions and limitations , their is coverage in an occurrence policy . A `` claims made '' policy changes what triggers the benefits of the policy . In the case of claims made coverage , generally only written on business and professional liability exposures , the trigger is the event and when it occurred . What is different now is that the claims must be first made during the period of coverage or a subsequent policy . If a claim is permitted to be made on subsequent policies , the chain of coverage needs to be uninterrupted and the `` retroactive '' date for coverage to be set to a point before the actual date of the loss . Claims Made policies were designed to help eliminate the chance that years and years of coverage on an occurrence policy could not be stacked one upon the other to generate large amounts of coverage . In the case of claims made policies , only the current policy limit is exposed to loss and not a stack of limits from policies covering prior annual periods . One other point that is necessary to understand . Generally , there are limitations on how long after a policy is cancelled for a claim to be presented . Occurrence policies are much more accommodating here . On the other hand , claims made policies have a limited period of time after the policy ends for a claim to be made . This is referred to as extended discovery and extended discovery on otherwise unendorsed policies is only 60 days . That is , you only have sixty days to present a claim for coverage at the end of a claims made policy . Additional extended periods of discovery are available at additional cost but each carrier may have different periods of discovery available . This feature on a claims made policy provides the `` tail '' of coverage that an occurrence policy includes without additional charge . A `` tail '' is the time beyond the period of coverage where a claim may be first reported or appear on the books of the carrier . Liability type losses can have a long `` tail '' due to the nature of the coverage and potential loss . Property losses , on the other hand , generally have short `` tails '' where the loss is not known . The reserve that the carrier must maintain within its accounting for these losses is not as the IBNR -LRB- incurred but not reported -RRB- loss reserve . Over time the carrier reduces this reserve in recognition that the further past the end of a policy that they travel , the less likely a loss has occurred or will be reported . This should help you understand just how much must taken into account to answer your generalized question . I hope this helps answer your question . "}
{"input": "Why Is Health Insurance Necessary? ", "output": "Why is health insurance necessary ? Actually it 's not necessary , at least for another year . In 2014 changes will be coming . But as of today , health insurance is not necessary to have . You can self insure . The thing is if you self insure and have claims , you 're expected to pay them . So you would have to surrender assests to pay that bill . Insurance of ANY KIND is simply a form of liquid money to pay for things so that your other invested wealth can `` stay '' invested . So no insurance is never necessary , it just is a smart solution for some issues . "}
{"input": "Where Can I Compare Car Insurance Rates? ", "output": "You can compare car insurance rates through experienced brokers and/or their websites . Often , you can instantly -LRB- or within minutes -RRB- compare the lowest prices in your area from the top-rated insurers . When you utilize the help of a broker , there are no fees and typically , you are going to save time , money and aggravation . I have been a broker for more than 32 years and of course , maintain one of the premier auto insurance websites in the US . After helping thousands of consumers , of course , I could never guarantee that you will save 10 % , 40 % or any other amount . However , there is no question that consumers across the US do tend to get better pricing when they utilize services of a professional . "}
{"input": "Is Car Insurance Higher For Leased Cars? ", "output": "I just finished insuring a leased vehicle . I was startled to discover that the leasing company didnt care about their customer at all . They told the client to only take the legal minimums for liability insurance on a brand new Lincoln . Of course they insisted that the insured carry full comprehensive and collision coverage . They covered themselves but were willing to leave the client almost naked . "}
{"input": "Is Car Insurance Higher For Leased Cars? ", "output": "Insurance for a leased auto is no different then a auto you either have a loan on or is paid for . However in some cases the Leasing company may require you to carry higher limits of liability on your auto since the lessor is actually the owner of the vehicle . "}
{"input": "Is Car Insurance Higher For Leased Cars? ", "output": "Insurance companies do not set their premiums any differently for leased cars than they do for those that are owned outright or on which you have a lien -LRB- bank loan -RRB- . If you have been used to owning an older car with your state 's minimum Liability coverage , and decide you want to upgradeto a new one and lease it , you will find that you will more than likely pay more for insurance . That is because the leasing company will require that you carry a certain amount of liability insurance that is going to be higher than you have probably been used to having . You will also need to carry both Comprehensive and Collision coverage to protect the car from any physical damage as well . These increased coverages will undoubtedly cost you more in premium dollars . "}
{"input": "What Is Medicare Supplement Insurance? ", "output": "Medicare gap insurance , Medicare supplement insurance , Medigap ... all the same . Like Kleenex and tissue , the terms are interchangeable . Original Medicare only covers about 80 % of your hospital and outpatient charges . Seniors with a healthy bank account may not need or desire to purchase a Medigap -LRB- supplement -RRB- plan . While you may be healthy now , your health can change at any time . If you are hospitalized 3 times during a calendar year for unrelated medical conditions you will have to pay a deductible of $ 1184 -LRB- 2013 Medicare Part A deductible -RRB- for each admission . Medicare Part B outpatient charges can become expensive as well . After you have paid the calendar year Part B deductible of $ 147 -LRB- for 2013 -RRB- you are responsible for 20 % of the remaining charges not paid by Medicare . An $ 800 CAT scan can leave you owing several hundred dollars . Medigap plan F is the easiest to explain . It covers everything approved by Medicare Part A and Part B but not paid by Medicare . Plan F covers deductibles , copay 's , coinsurance . Plan F is the most popular , purchased by about half of those who buy Medicare supplement plans . Plan G -LRB- or in some states , D -RRB- is next followed by plan N . "}
{"input": "What Is Medicare Supplement Insurance? ", "output": "Medicare Supplement Insurance , also referred to as Medigap , are medical policies issued by private insurance companies that have benefits not covered through the standard Medicare plans . They are designed to fill in the gaps in Medicare at an additional cost to the insured . The insurance companies that offer these policies , and not all do , must have the policies approved by the state department of insurance . There is a standardized model for Medicare supplement policies , authorized by NAIC , that states they need to meet certain requirements as to participant eligibility and the benefits provided . "}
{"input": "What Is Medicare Supplement Insurance? ", "output": "A Medicare supplement is a private insurance policy that a participant can purchase to deal with the shortcomings in coverage with Medicare . The plans are the same but the pricing might be different . There is a selection of plans so that the participant can decide which level of protection is needed in light of the expense . The policies have a period of open enrollment each year . During open enrollment a participant can purchase a plan without medical evidence , or can change companies or types of policies . New Medicare participants can purchase a Medicare supplement in the first months following enrollment without providing medical evidence . "}
{"input": "Can You Have A Life Insurance Policy On An Ex Spouse? ", "output": "You can have a life insurance policy on an ex spouse if the death of your ex spouse would hurt you or your children financially . If that is the case , then your ex spouse needs to sign the application , and take the exam if one is required , so you will need to get his/her consent to take out policy on them . "}
{"input": "What Happens To My Health Insurance When I Turn 26? ", "output": "What happens to your health insurance when you turn 26 ? Well , if you are the primary insured as a policy holder or employee on a benefit plan , absolutely nothing happens . If you are a dependent on your parents coverage , you will now have to seek your own coverage in the marketplace . You are given an open window to move to your own plan . "}
{"input": "What Happens To My Health Insurance When I Turn 26? ", "output": "That will depend upon what type of health insurance you have and what your coverage status is . I will presume that you are a young person who has taken advantage of the changing age definition for dependent coverage under the Affordable Care Act -LRB- ObamaCare -RRB- that allows dependent children to stay on their parent 's health insurance until they turn 26 . In that case , once you turn 26 you are no longer eligible to be covered as a dependent under your parent 's policy . This means you will have to take out health insurance coverage if it is available through your place of employment , purchase your own individual health insurance policy , or enroll in a government based health plan such as Medicaid if you meet the low income requirements for such a program . If you are already enrolled in your employer 's group health insurance plan or have already obtained individual health insurance then the fact that you are turning 26 will have no impact on your eligibility for health insurance coverage under that policy . "}
{"input": "Is A SEP A Qualified Retirement Plan? ", "output": "Yes it is . A SEP A Qualified Retirement Plan meets the requirements qualify under Employee Retirement Income Security Act of 1974 -LRB- ERISA -RRB- . SEP tax deductible contributions can be up to 25 % of compensation not to exceed $ 51,000 for 2013 . There may be cost of living adjustments made to SEPs if the government continues its historical annual increase . "}
{"input": "How To Put Someone On Your Health Insurance? ", "output": "Your question did not make clear whether you were wanting to add a dependent to a group or an individual health insurance plan . However , if it is not the open enrollment period for your employer 's group plan or you missed the recent individual plan open enrollment period , then you and/or your dependent will have to have experienced a `` change of life status event '' to qualify for being added to your coverage . While there are more , the most common examples are marriage , divorce , child birth andloss of coverage under another group or individual health insurance plan.Also , as a general rule , you have a 60-day window after the qualifying event to enroll an eligible dependent onto your coverage . If you are wanting to add a dependent to your employment based coverage your HR person , office manager or the company 's insurance broker should be able to assist you with the addition of your dependent to your coverage . If you are seeking to add a new dependent to an individual health insurance policy that you have then you should contact your insurance agent or the insurance company 's member services to unit -LRB- there should be a toll free telephone number on the back of you ID card -RRB- to get assistance in adding your new dependent . If you purchased coverage directly through HealthCare.gov , well , good luck , you are kind of on your own with a government bureaucracy to deal withon top of theinsurance carrier bureaucracy . "}
{"input": "Does Life Insurance Pay For Funeral Expenses? ", "output": "That is a great question ! The best part about life insurance is that the money passes tax free to your beneficiary , and can be used for any purpose that person sees fit . If paying for your funeral expenses from the proceeds is a desire of yours , then you may want to consider discussing that with your beneficiary beforehand , so your wishes are understood . You may also want to go to the funeral home of your choice , and see if they will allow you to pre-purchase your funeral , and assign a portion of your policy as the payment . If you would like to know more about this , please drop me a line , I 'd be happy to explain further . I hope that helps , thanks for asking ! "}
{"input": "Does Life Insurance Pay For Funeral Expenses? ", "output": "The proceeds of a life insurance death claim can be used in any manner as the beneficiary sees fit to use it . One of the most popular uses is final expenses like funeral costs . Many benefices also use their new found wealth to retire all outstanding debt , inculcating their home mortgage . "}
{"input": "Does Life Insurance Pay For Funeral Expenses? ", "output": "Life insurance can pay for funeral expense . When a life insurance policy is taken out for the purpose of paying final expenses , it is usually a permanent policy with a small face amount . The policy is left to a beneficiary who knows what the Insured wants , be that burial , cremation , funeral , memorial service , etc. . The remainder of the policy is used by the beneficiary to pay other bills for the Insured , or to use as they see fit . "}
{"input": "Does Homeowners Insurance Cover Foundation Repair? ", "output": "Your homeowners insurance policy covers damages that are caused by specific perils . While it is possible that damage to a foundation could be caused by fire or another of the covered perils , I doubt that is the point of this question . Most foundation difficulties arise from earth movement and that is an excluded peril in most policies . The issue is damage from a specified peril is what is covered . "}
{"input": "What Will Disqualify You From Life Insurance? ", "output": "There are many issue and items that can disqualify you from securing life insurance coverage . A medical condition that actuarially is calculated to shorten the life of the prospective insured to such an extent that the risk is too great to validate a companys profitability . Hazardous vocations , recreational activities and multiple motor vehicle violations , especially DUIs , can result in disqualification . "}
{"input": "What Will Disqualify You From Life Insurance? ", "output": "I can give you some examples from cases I have handled . I think you will be surprised . Many people assume they will not qualify for life insurance , and happily , they are wrong . It takes a lot . One fellow needed to purchase several million dollars of life insurance to cover a bank loan for his business . His business was a bar/restaurant . The night before his insurance exam , a few of his buddies came by to socialize a bit . They did cocaine . Of course , he tested positive . No insurance for him . He probably would have qualified for a guaranteed-issue burial policy . But the $ 25,000 would not have done him any good . He needed that bank loan . And he needed life insurance to get it . And you know what ? He didnt get the life insurance , and he didnt get the bank loan . He would have had to wait a few years before he became eligible again . Five years is the industry standard , but I probably couldve gotten it for him sooner . Another candidate also a business owner went to rehab for both drug and alcohol addiction . Unfortunately , he didnt schedule the necessary follow-ups after his treatment . Carriers were worried that a relapse would be right around the corner without the proper support system in place . He will also have to wait a year or two . Then you have people who have a number of serious illnesses that just arent sufficiently controlled . The combination of obesity , heart condition , diabetes , smoking etc. is wicked . Ive had people come to me with these factors in place , and then some . Has to be some measure of control . Otherwise , you look like a walking timebomb . These cases are extreme . Other cases seem scary but can be quite placeable . Pot smoking ? You can get a policy . Bankruptcy ? You can get a policy . On probation for a felony ? You can get a policy . Suspended drivers license ? You can get a policy . Travel to India , or South America , or rural China ? You can get a policy . Mountain climber ? You can get a policy . Deep water scuba diver ? You can get a policy . Of course , a number of important factors need to be in place , but on the overall , it can be done . Surprise ! "}
{"input": "What Will Disqualify You From Life Insurance? ", "output": "Some things that can disqualify you for all but guaranteed issue life insurance are : very poor health , drug/alcohol abuse , recent bankruptcy . citizenship requirements , income requirements , and a suspended drivers license . Every policy has age parameters that the applicant must meet , and if applying for guaranteed issue life insurance -LRB- for which you can not be disqualified for health or other risk -RRB- , the minimum age is usually 40 + . Children who are intellectually handicapped , have type 1 diabetes , or are born with congenital diseases may not be able to find coverage until they are adults . That being said , there are life insurance policies of all types and for all types of health and other risk factors . Some states have more options than others . Contact an impaired risk life insurance agent or online agency and you may find that what you thought would disqualify you for life insurance is no problem at all . "}
{"input": "What Will Disqualify You From Life Insurance? ", "output": "What will disqualify you from life insurance ? Well depends on you mean by disqualify as there are many forms of life insurance out there at many different price levels . There are guaranteed issue plans , credit life and a few that will insure a person for a very high premium . What you might be asking instead is what will disqualify you from the best possible rates for life insurance ? Your health is what will get you very good rates or high rates if your health is poor . There are also possible issues with travel , credit and occupations and hobbies . But , the best price is usually tied to best possible health . You are your discount . "}
{"input": "Does Metlife Still Sell Long Term Care Insurance? ", "output": "MetLife quit selling new individual and group Long Term Care Insurance policies in late 2010 . They announced that they would still service the Long Term Care policies that they had issued in the past . MetLife continues to pay claims on their existing Long Term Care business and writes new Life Insurance policies . "}
{"input": "Can I Borrow Money From My Globe Life Insurance Policy? ", "output": "Per their website , you can borrow money from a Globe Life Insurance policy . The policy must be Whole Life that you have had long enough to build up a cash value . You can take out a policy loan to borrow against the cash value that has built up in your Globe Whole Life policy . "}
{"input": "Does Medicare Part D Pay For Revlimid? ", "output": "First , may I suggest you go to www.rxhope.com . Click `` medication search '' and type in Revlimid . That may solve all your problems in a nutshell . Otherwise , technically medicare does n't cover most drugs ... you buy a drug program separately . I 've looked in several formularies and revlimid is listed , but you pay 25 % , which is a fortune . Revlimid is very expensive , so you would go in the donut hole -LRB- and come out of the donut hole -RRB- almost immediately . I suggest you contact a seasoned agent in your state to explain all of that to you . But again , rxhope may solve your problems . Good luck ! "}
{"input": "What Is The Health Insurance Portability And Accountability Act Of 1996? ", "output": "The Health Insurance Portability and Accountability Act of 1996 -LRB- commonly known as HIPAA -RRB- protects patients medical information in that your personal information can not be shared with another party without your authorization . The other aspect of HIPAA that most people are familiar with is COBRA . COBRA allows you to continue employer coverage for a while after your employment has terminated . Under the affordable care act , coming off of group coverage does grant you a special enrollment period as it 's a qualifying event so you would want to compare options between COBRA and plans available on the individual market - an experienced health insurance broker can help you with this . 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 Life Insurance Cover Accidents? ", "output": "Once a life insurance policy is in force and death occurs by any means except suicide during the contestable period , the claim will be paid . There are life insurance policies that are AD&D contracts that only pay claims from accidents.But most advisers recommend full coverage life insurance to cover any cause of death . "}
{"input": "Does Life Insurance Cover Accidents? ", "output": "Yes , Life Insurance covers death by accident as well as death by natural causes . If the accident was random -LRB- an `` act of God '' , such as being struck by lightning -RRB- or related to a health condition -LRB- such as hitting a pole while suffering a heart attack while driving -RRB- , it does not matter . Only life insurance covers death by any reason -LRB- except suicide in first two years -RRB- . "}
{"input": "What Is Medicare Low Income Subsidy? ", "output": "There are several taxpayer funded assistance programs for low income Medicare beneficiaries . If you qualify for Extra Help , your Medicare Part B premium is paid for you under QMB , SLMB , or QI programs . All 3 assistance programs will pay your Medicare Part B premium . Some will also pay your Part A , deductibles and coinsurance . "}
{"input": "What Happens When A Term Life Insurance Term Ends? ", "output": "When a Term Life Insurance policy reaches the end of the term , most people choose to get a new policy . That is because the price jumps up to an unaffordable amount , for most people , and can continue to go up annually after that . Some policies allow the term policy to be converted to permanent for a number of years , and by a certain age . This price will be much higher than the original term cost was , as well , but at least it will be locked in . "}
{"input": "What Happens When A Term Life Insurance Term Ends? ", "output": "Most term insurance policies increase dramatically in price after the level term period and clients simply stop paying for them and they lapse . Many term policies have conversion options that allow a policy owner to exchange part or all of their term policy into a permanent policy that will last forever . These options vary from company to company so its always good to ask an agent or call the insurance company . "}
{"input": "What Happens When A Term Life Insurance Term Ends? ", "output": "With many companies , after the term has ended , the policy ends . But with most , the policy continues , but at a much higher premium , forcing many to just stop paying . Either way , the smart thing to do if you can , is convert your term to permanent , while you still can convert . Or get a new permanent policy , if your health permits . The earlier the better ! Talk with a live agent . GARY LANE . Thank you . "}
{"input": "What Happens When A Term Life Insurance Term Ends? ", "output": "If planning has been done well , the policy will end just as the need for the coverage ends . Unfortunately , often the policy ends before obligations are completed . The insured is then faced with some painful decisions . Continuing the coverage with the current policy is often an option but at a substantially higher premium . If the customers medical condition is still good , they can apply for new coverage . While that option will be more expensive than the completed policy it will probably be less than the continuation policy . "}
{"input": "What Happens When A Term Life Insurance Term Ends? ", "output": "The term period of a term life insurance policy is the number of years that the premium will stay the same , or `` level '' . When the term ends , the premium jumps way up , and goes up every year after that . If the policy is not renewable , or the Insured is past the age at which renewable premiums apply , the policy simply ends when the term ends . "}
{"input": "What Happens When A Term Life Insurance Term Ends? ", "output": "When a term life insurance contract ends the coverage ends with it . Some term life insurance policies offer conversion to permanent life insurance within the window of convertibility . Term life insurance is sometimes sold to the life settlement market for cash , if the conversion clause is still in affect and applicable . "}
{"input": "Where Can I Buy Health Insurance On My Own? ", "output": "You can buy health insurance through a health insurance broker or your state Marketplace Exchange . I would recommend buying your health insurance through a broker rather than doing it on your own because a broker can do the shopping , comparing , and enrollment for you at no cost -LRB- insurance brokers do not charge fees for their services -RRB- . Please note , you can only buy health insurance during the annual open enrollment period or during a special enrollment period if you have a qualifying event -LRB- e.g. getting married , having a baby , leaving your employer 's group plan , etc. -RRB- 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": "Where Can I Buy Health Insurance On My Own? ", "output": "You can buy health insurance in the state where you live during open enrollment period begins in November for January 1 , 2015 . Individual health insurance can be purchased through a licensed and certified insurance agent , directly from an insurance carrier or through your states Marketplace also called the Exchanges . Unless you have a qualifying event which allows for special enrollment you have to wait until January 1 , 2015 to have health insurance . "}
{"input": "How Much Do Life Insurance Agents Make In California? ", "output": "Life insurance agents in California make a wide range of salaries . Very successful agents make over $ 100,000 per year . But many agents start out in the business only to be change careers within a couple of years , because they can not make enough to pay for the high cost of living in parts of California . "}
{"input": "Does Homeowners Insurance Cover A/C Units? ", "output": "It will if it is stolen in most cases but not maintenance or breakdowns . You need a home warranty policy for that and also always remember that we are responsible for maintaining all equipment in our homes . Cut back tree limbs , maintain plumbing such as toilets when they keep running or faucets that drip . If this is not taken care of and an incident occurs you could be denied a claim if you knew about it and did not repair it before it caused the damage "}
{"input": "How Exactly Does A Life Insurance Trust Work? ", "output": "Assuming you are addressing irrevocable life insurance trusts -LRB- ILIT -RRB- , the chronology of events and ownership are very important . The grantor can not have any incident of ownership . The ILIT must be the owner and the date of the ILIT must precede the policy date . The ILIT will name the beneficiaries of the trust and premium paid by the ITLIT grantor must conform to annual gift tax or unified credit rules to avoid taxation of premiums . Consult your legal adviser before moving forward with any creation of ILIT . "}
{"input": "How Long Does It Take For A Life Insurance Policy To Pay Out? ", "output": "When an insured dies , the beneficiary making the claim on the policy will need to send in a completed claim form and a copy of the death certificate -LRB- some carriers may have an additional form - varies by carrier -RRB- . Once these items are received by the carrier , they will pay out the claim to the beneficiary . "}
{"input": "How Long Does It Take For A Life Insurance Policy To Pay Out? ", "output": "This is a great question . If it is an expected death , ie . old age , a natural death , after the claim forms along with the death certificate you can expect the benefit to mailed out within 2-4 weeks . If the death was due to other circumstances such as a suicide , the process to get the death certificate becomes more complicated , up to 14 weeks then at which time you can submit the claim forms with the certificate to get the benefit . I am speaking for experience personally . "}
{"input": "How Long Does It Take For A Life Insurance Policy To Pay Out? ", "output": "Most claims are paid out within 2 weeks of the date the death certificate is ready . I would expect that to be the case nearly any time unless there are complications with beneficiary -LRB- a named beneficiary is deceased - or unclear -RRB- or if someone challenges the wishes of the insured -LRB- which does n't happen very often -RRB- . "}
{"input": "How Long Does It Take For A Life Insurance Policy To Pay Out? ", "output": "It should n't be more than 7 days from the time you submit the paperwork and the death certificate . Sometimes getting the death certificate can be the longest wait time and not the insurance paperwork . If there is any suspicion of suicide -LRB- I hope not -RRB- then it could take much longer -LRB- every life insurance policy has a suicide clause , but usually with a time limit . "}
{"input": "How Long Does It Take For A Life Insurance Policy To Pay Out? ", "output": "A death certificate is a document that meets state requirements . The state regulates who can sign a death certificate . The death certificate establishes the identity of the victim and the cause of death . In many states the death of someone under 18 must follow different procedures . This process can be quick , for example , extreme old age , or very long , mysterious disappearance . The death certificate and the claim form are filed with the insurance company . The claims department reviews the claim to make sure that paying the claim is appropriate . Most companies consider a death claim in the first two years of a policy to be unusual and of concern . Some death claims involve fraud so the company might look for that . The company is paying interest on the death claim so they will move as quickly as possible . Sometimes that can be frustratingly slow but usually it is quite quick . "}
{"input": "What Is The Definition Of Medigap? ", "output": "Medigap plans -LRB- commonly referred to as Medicare supplement plans -RRB- are designed to help seniors who want high quality healthcare and are on Medicare , cover the gap between what hospitals and doctors charge for their services and what Medicare will pay.Health insurance is constantly changing , which can make finding the right plan for you very strenuous . Supplementing your Original Medicare coverage -LRB- Medicare Parts A & B -RRB- with a Medicare Supplement plan will help you create a very predictable expense structure for your healthcare and allow you to see any doctor you want that accepts Medicare . Any doctor that accepts Medicare will also accept your Medicare Supplement plan . There are 10 different Medicare supplement plans and they are all standardized , meaning a plan F from company A and a plan F from company B feature the EXACT same benefits . The 10 different plans available are plans A , B , C , D , F , G , K , L , M , and N -LRB- a high-deductible plan F is also available that features a $ 2,140 deductible in 2014 - the trade-off being a substantially reduced premium -RRB- . Each plan offers certain benefits some more comprehensive than others . Each plan must cover a core set of benefits -LRB- also known as the basic benefits -RRB- . The basic benefits are 1 -RRB- Medicare Part A coinsurance plus coverage for 365 additional days after Medicare benefitsare used up . 2 -RRB- Medicare Part B coinsurance or copayment 3 -RRB- First 3 pints of blood 4 -RRB- Part A hospice care coinsurance or copayment There 's a total of 9 benefits that can be secured . The other 5 benefits available under a Medigap plan are : 1 -RRB- Skilled Nursing Facility Care coinsurance 2 -RRB- Medicare Part A deductible 3 -RRB- Medicare Part B deductible 4 -RRB- Medicare Part B excess charges 5 -RRB- Foreign travel emergency -LRB- up to plan limits -RRB- Each plan features a different structure , Each plan covers a different combination of these 9 benefits -LRB- some of the plans feature coinsurance or copayments for certain benefits -RRB- . If cost is not a major factor for you , Plan F will be the recommended choice because it covers all 9 benefits at 100 % - it 's the most popular plan by far . If you 're looking to keep your costs down , but still have very comprehensive coverage , you may want to look at plans C , G , and N as well . When you 're looking to buy a Medigap plan , you should consult with an independent Medigap insurance agent to review the plans in detail to see which one will best serve your needs , help you identify all of the carriers offering Medigap plans in your zip code , and which one will be able to offer the coverage to you at the lowest cost -LRB- the plans are standardized so the biggest difference between them is price - the benefits are exactly the same regardless of the carrier you have the Medigap plan through -RRB- . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage needs , including quotes and plan comparisons , and if you have any other questions . Thanks very much . "}
{"input": "Can Car Insurance Pay For Dents? ", "output": "It may . If you have other than collision -LRB- comprehensive -RRB- coverage on your current auto policy , you may be provided coverage to repair dents in the vehicle . Any claims paid may be subject to a policy deductible . 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": "Who Sells Credit Life Insurance? ", "output": "Credit life insurance is a marketing name for decreasing term life insurance . Most large purchases such as a car , appliance or electronics , will offer you a credit life insurance plan . The most common type of decreasing term life insurance is mortgage life insurance . The reason it is set up as decreasing term life insurance is due to the repayment of the debt . For example , you purchase a home with $ 100,000 mortgage on 15 years . The face amount is $ 100,000 at time of purchase . However , you pass away at year ten . The mortgage owed is now $ 30,000 , the face amount has now deceased from $ 100,000 to $ 30,000 . You would have been better off purchasing a 15 year term life policy for the $ 100,000 and have your loved ones collect the $ 70,000 difference in face amount instead of losing this amount to the insurance company . Try to steer clear of credit life unless your health situation is too bad to qualify for regular life insurance . Good luck . "}
{"input": "Who Sells Credit Life Insurance? ", "output": "J. T. Miller Co , Inc , sells credit life insurance . Pekin Insurance sells credit life insurance through a network of financial institutions and auto dealerships . State Farm sells Mortgage Life Insurance . Credit Unions , financial institutions , and lenders for home mortgages or auto loans are places where credit life insurance can often be purchased . "}
{"input": "How Do You Get Health Insurance In Missouri With Pre-Existing Conditions? ", "output": "Missouri has the Missouri Risk Pool health insurance for Missouri residents who have pre-existing conditions . It is offered by the state of Missouri to those who have been terminated from their life insurance against their will , or are paying more than 150 % of Standard rates for that same policy . "}
{"input": "Can I Get Life Insurance Through The VA? ", "output": "You will automatically be enrolled in $ 400,000 of life insurance when you enter the service . If you want less , you can decrease it by increments of $ 50,000 . After you are out of the service , there is a window of time where you must convert your SGLI to VGLI , or you will lose the opportunity to do so . See WEBSITELINK for details . "}
{"input": "Can I Get Life Insurance Through The VA? ", "output": "yes , you can purchase life insurance through the Veterans Adminstration . This could be important life insuruance but are we assuming that the tendency to preclude `` military action '' in standard life insurance policies is not also included in those policies ? You better read the fine print and I would require the agent to give me a written statement that if I am killed in Military action '' then my family is protected as stated on page so and so in the policy and you need to have this discussion with your significant other "}
{"input": "Can I Have Out Of State Car Insurance In Louisiana? ", "output": "You can keep your current insurance company coverage until the next renewal date of your insurance policy . Try to renew with the same insurance carrier as they often do not do a underwriting background check since you are already a customer . I do recommend that consult with your new agent and do not let them advise of less that 100,000 bi or pd or um or umi coverages . A good recommendation is to take out a accident policy on the family they just a few dollars a month and you are covered for not just auto accidents for your bodily expenses . "}
{"input": "What Is Covered By Car Insurance? ", "output": "The automobile is covered by an auto policy . This is a key issue . Regardless of the operator , the coverage is on the automobile . The primary and secondary policyholders are named and there is a very limited amount of liability coverage that extends if a policyholder is operating another car , owned by another insured and the claim exceeds the limits carried on that second automobile . Almost everything in the policy is focused on the named automobile . "}
{"input": "What Is Covered By Car Insurance? ", "output": "Depending on the type of policy you purchase , your liability protection can cover bodily injury -LRB- per person and per accident -RRB- along with property damage . Medical payment may also be included . Protection against underinsurerd and uninsured drivers can be included along with physical damage to the vehicle , which includes your collision and comprehensive benefits . "}
{"input": "What Is A Defined Benefit Retirement Plan And Why Are They Disappearing? ", "output": "A defined benefit plan is a qualified pension plan . Participants do not have separate accounts . The benefit is defined in the plan and is usually a combination of years of service , highest or average covered wages , and age at retirement . The reason that these plans are fading is that administrators can not find investments that will give the yield that existing plans require to keep them solvent . "}
{"input": "Will Bad Credit Affect Car Insurance? ", "output": "Many auto and property insurance companies have been using credit along with driving history etc as part of their underwriting evaluation process for quite a number of years . In a word , yes , your credit history does have an impact on the pricing that is offered to you for car insurance as will as property insurance . "}
{"input": "Will Bad Credit Affect Car Insurance? ", "output": "Bad credit can have an impact on the premium rates you are asked to pay for car insurance when first applying . Many auto insurers utilize credit scores to make underwriting decisions on new applications . If you have bad credit take steps to improve your score . Shop around for auto insurance from companies that use more traditional data in pricing policies . Or stick with your current carrier and drive safely . Of course you want to drive safely no matter what ! "}
{"input": "Will Bad Credit Affect Car Insurance? ", "output": "That is a great question ! Unfortunately having bad credit can have an affect on your insurance rate . Many insurance companies look at your credit score and history to `` determine '' your level of trustworthiness and responsibility . The financial world is very interconnected , and having some blemishes on your credit can have effects in all kinds of unexpected ways . The good news ? Often your credit rating is n't as bad as you think . I 'd advise you to get a free copy of your credit report , and look at what you can do to clean it up , and improve it . More good news ? They will look more at your driving record , car , and it 's daily mileage than your credit rating . I hope that helps , thanks for asking ! "}
{"input": "How Much Is Permanent Life Insurance? ", "output": "The smallest premium I have seen for a permanent life insurance policy is $ 15 . The highest is in the millions . The amount of coverage that you can get for any given premium amount depends on your age , health history , tobacco use , gender , height-weight , etc. . Your independent agent can give you rates for many companies and help you understand which companies will approve you . "}
{"input": "How Much Is Permanent Life Insurance? ", "output": "Unfortunately there 's too many factors that go into premium pricing to say what an average plan costs.The risk class is the most critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends ona 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- . Permanent life insurance is designed to provide coverage for the rest of the insured 's life and build cash value . Under a guaranteed universal life -LRB- GUL -RRB- program , the policy can be structured to keep premiums level and provide coverage up to a specified age -LRB- e.g. to age 90 , to age 100 , or even up to age 121 -RRB- under the `` dial down '' process . Whole life features level premiums and death benefits and builds cash value at a faster rate -LRB- participating WL policies may pay dividends that can be used to increase the death benefit or decrease the premiums over time - non-participating WL policies do not feature this ability -RRB- - the trade off between this and guaranteed universal life is that to increase the cash value faster , the premiums will generally be substantially higher . For both GUL and WL , the carrier takes back the cash value upon the death of the insured , and pays out the death benefit proceeds . Therefore , GUL policies allow you to maximize your death benefit and minimize your premium dollars that you pay for the coverage . 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 independent insurance agent/broker to see what plans are available and what structure would be best suitable to meet your needs . You can send me a private message by clicking on the `` contact me '' button if you would like quotes and assistance with your and your family 's life insurance needs . "}
{"input": "How Much Is Permanent Life Insurance? ", "output": "There are as many different prices for insurance as there are kinds of people needing it , I think ! Seriously though , the prices will depend on the company , your age , your health , and where you live , for starters . I 'd strongly advise that you take any internet quote with a grain of salt , and contact an agent/agents for a more realistic idea . The agent can ask some more in depth questions , and provide you with a more accurate quote . Please also be wary of anything that sounds too good to be true when you look online , or in your mailbox , because it probably is . Please hit the ` contact me ' button if you 'd like more details , I 'd be happy to help ! "}
{"input": "if i have a universal life policy and the guaranteed side goes to zero at age 75 does that mean that I lose the death benefit at that age? ", "output": "I think it means that you lose the guarantee at age 75 . At that point what will happen ? The insurance company could very well send you a bill for a premium that is much , much higher than what you have been paying . Or , they may want to pay for the policy from your cash value , if that is a provision in the contract . Either way , you may be faced with options that you just dont want . It would be best for you to take charge of the situation now and do two things : 1 . Get an in-force report showing current and future values , to see what you can expect on the policy going forward ; 2 . Shop out the coverage to see if another policy would help you better meet your goals . "}
{"input": "if i have a universal life policy and the guaranteed side goes to zero at age 75 does that mean that I lose the death benefit at that age? ", "output": "It 's good that you 're asking this question ! As you can see from the other answers that if you pay only the premium that was `` guaranteed '' to you when you bought the policy , yes your insurance benefit will end when the `` guaranteed '' side goes to zero . That 's my biggest issue with `` Universal Life '' insurance . As was already stated by another here , `` Universal is glorified Term '' , but it 's hardly ever explained that way when it 's sold . Depending on your age and health I would most likely recommend that you replace it with a Whole Live , Cash Value policy that does n't terminate it 's benefit until it gets paid . "}
{"input": "if i have a universal life policy and the guaranteed side goes to zero at age 75 does that mean that I lose the death benefit at that age? ", "output": "Not necessarily . You should call your agent or the insurance company and ask them for a `` current illustration '' which will give you an idea of how long your policy will last . Based on that , you should be able to make an intelligent decision about keeping the coverage in force . "}
{"input": "if i have a universal life policy and the guaranteed side goes to zero at age 75 does that mean that I lose the death benefit at that age? ", "output": "If your illustration states zero at age 75 , you and your agent set your premiums up for that age . You do need to contact your insurance company for a current illustration . You may need to adjust your premiums up to avoid a zero value . The great thing about universal life is you may adjust up or down on premiums throughout the life of the policy to accomplish different goals . The sooner you take care of this the more affordable the premium increase will be . "}
{"input": "if i have a universal life policy and the guaranteed side goes to zero at age 75 does that mean that I lose the death benefit at that age? ", "output": "No , you do n't have to lose coverage , but a characteristic of universal life allows for flexible premiums ; you choose what you want to pay . At the time of purchase , your agent must have set premium at the level that the illustration shows zero at age 75 . Most likely , you will only need to adjust your amount of premium up , but you must get a current illustration to know how much is needed to keep coverage in force . It will certainly take some upward adjustment of premium , since you reached a zero value at your present premium level . "}
{"input": "if i have a universal life policy and the guaranteed side goes to zero at age 75 does that mean that I lose the death benefit at that age? ", "output": "No . The guaranteed side simply means the coverage is guaranteed to remain in effect until that point as long as the premiums are continued to be paid at their current rate - as universal life insurance is defined as flexible premium coverage , you have the option to increase the premium you 're paying to extend the guarantee side . The current side determines when the coverage would actually run out - however , the current side is always subject to change as it reflects whatever the current interest rates are . If the interest rates change , then the current side will change as well . In addition , if the carrier raises their costs of insurance charges under the policy , then the cash value can be depleted even faster thus lowering the current side coverage projection even further . If you 're unsure what you have , you can contact the carrier to send you an up-to-date illustration -LRB- a coverage projection citing how long the coverage will remain in force based on today 's figures -RRB- . It sounds to me as though the policy that you have is a current assumption universal life program rather than a guaranteed universal life program -LRB- which can guarantee premiums remain fixed and guaranteed up to age 121 -RRB- . Current assumption policies typically have limited guarantees under their programs and require additional premiums if the cash value is depleted - meaning they will `` crash '' if the cash value hits $ 0 -LRB- you would therefore need to pay more in premiums above what you 're already spending to keep the coverage going or else it will lapse -RRB- . Guaranteed universal life policies state that even if the cash value hits $ 0 , the coverage will still continue as long as your regularly scheduled premiums are paid . If you prefer to have something that guarantees coverage for life rather than risking coverage lapsing after age 75 , you may want to consider setting up a guaranteed universal life policy . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much . "}
{"input": "if i have a universal life policy and the guaranteed side goes to zero at age 75 does that mean that I lose the death benefit at that age? ", "output": "There should also be more to the illustration than just the guaranteed column . There should be a current rate assumption as well . While they may match , the company may be paying a greater interest rate than the guaranteed rate , so you policy could last longer . All of this depends however as universal life policies were also known as `` flexible '' life policies back in the day . What that means is you can pay your premiums , skip your premiums , take money out , put money back , so without seeing what you 've done over the years with your policy it is hard to give sound advice . If you no longer have your agent , contact the insurance company directly and they will either assign you an agent or help you directly to understand where you are with your policy "}
{"input": "if i have a universal life policy and the guaranteed side goes to zero at age 75 does that mean that I lose the death benefit at that age? ", "output": "That is a great question ! Call your agent as soon as you can , and ask them to give you a current illustration for your policy . Here 's the deal - Your policy is like a glorified term policy - that means it 's only designed to last a period of time and then eat itself and die , unless interest rates are high -LRB- which they have n't been for years -RRB- or you overpay your premiums -LRB- which no one does -RRB- . With these policies , the cost of the insurance and fees increase every year , and are not factored into your premium payment . When the cost of your insurance becomes more than your payment , it begins to dip out of your cash value to compensate for the shortage . Once that cash value is depleted -LRB- and it sounds like your policy was designed to do that at age 75 for you -RRB- your policy lapses unless you pay more to keep it alive . That is typically financially unrealistic for most , and your coverage ends . Please contact your agent , and get a look at where your policy stands , and what your options are . Good luck , and thanks for asking ! "}
{"input": "if i have a universal life policy and the guaranteed side goes to zero at age 75 does that mean that I lose the death benefit at that age? ", "output": "If you are referring to the DEATH BENEFIT going to 0 at age 75 , the answer is POSSIBLY . It depends on two factors : 1 -RRB- interest rate , and 2 -RRB- cost of insurance . When you look at the guaranteed death benefit column in your policy , that is the SHORTEST length of time it will stay in effect . That means if your 1 -RRB- interest rate dropped to the lowest rate right after you got the policy , and 2 -RRB- the cost of insurance went up to the highest rate right after you got the policy , you can still be assured your policy will last to age 75 . If the interest rate never drops that low , and the cost of insurance never goes up that high , your policy will probably last past age 75 ... maybe even much longer . Now , if you asking about whether your policy will lapse if the CASH VALUE drops to 0 at age 75 , then that is a different story . The cash value on some UL policies is 0 for many years , and the policy will still stay in effect . As the other contributor stated , you can get a current illustration to check on these factors . But it is a great question , as you need to understand the terms to read the illustration . Thanks for asking ! "}
{"input": "How To Value Your Home For Insurance Purposes? ", "output": "Normally this is done by a software that insurance carriers use . It requires the input of several pieces of information about the property to be covered and provides the carrier with an estimated cost of reconstruction that is typically used for the coverage amount on the homeowners policy . Valuations can differ depending on the valuation software that the carrier uses . "}
{"input": "Can I Drive A Van On My Car Insurance? ", "output": "If you are renting a van your auto policy will cover you . The limits from your auto policy will apply to the rented van that you are driving . There may be some administrative advantages to purchasing the insurance the rental company provides but in the long run , there should be little difference in coverage . "}
{"input": "What Is Annuity With Overlap? ", "output": "Overlap refers to a type of joit life annuity with a guaranteed period . Joint life annuities , are as the name suggest annuities based on two lives . They can be structured to - Provide a level or increasing annuity payments for the lifetime of two annuitants - Provide and income that reduces on the first death and continues until death of the second . - Have a guaranteed period with the proceeds being paid to beneficiary if both annuitants die during the guaranteed period . With an Annuity with overlap , the initial payment continues until the end of the guaranteed period and the surviving annuitant also receives the reduced amount . For example $ 10,000 a year annuity income , 5 year guarantee , with payments reducing by 50 % after first death . Death of one annuitant occurs in year 2 . With an annuity with overlap the $ 10,000 would continue for 3 years -LRB- remaining guarantee period -RRB- and the 50 % reduction of $ 5,000 per year would also be paid . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . "}
{"input": "What To Consider When Getting Renters Insurance? ", "output": "Consider meeting with your Insurance Professional to discuss your needs and what may be offered as solutions to best meet those needs . There are two basic elements to a Renters Insurance policy . The first provides coverage for your personal belongings ... your `` stuff '' . Clothing , furniture , area rugs , books , electronic equipment , kitchen ware and the like . Be sure you have enough coverage to fully replace everything if it was all lost in a covered peril , such as a fire . Along with this , choose a deductible that best suits your financial circumstances . The second element is Liability protection . Liability coverage protects you and your financial exposure from action taken against you should you be legally responsible for injury to another person or damage to their property . You will want to make sure you have enough coverage to reasonably protect your financial exposure which includes your income , savings , investments etc. . "}
{"input": "What To Consider When Getting Renters Insurance? ", "output": "Great question ! You want to look for a couple of things . You want a policy that will provide the best coverage , for the lowest cost . There are many companies that offer renters policies , so the best thing to do is shop around , and preferably find an independent agent who will help walk you through the process . An independent agent is one that is n't tied to a big name company , but has the options of several companies to choose from . They will most times be able to find the best deal for you . A bit of advice ? Ask for `` replacement value '' , as opposed to `` actual value '' when you are looking at your choices . It can make a world of difference if you ever need to file a claim . Any questions ? Feel free to contact me for more information , I 'm happy to help . Thanks for asking ! "}
{"input": "What Happens During A Life Insurance Physical? ", "output": "The exact tests that are required for an exam a person will take will depend on several factors - their age , the amount of coverage they 're applying for , and the carrier they 're applying to . Each carrier has their own underwriting guidelines so some may have different exam requirements than others . For middle aged individuals , you will most commonly see an exam consist of 3 parts : 1 -RRB- Paramedical exam - checking your height/weight , your pulse , and going through the medical questions 2 -RRB- Blood Test 3 -RRB- Urine Test If you 're an older individuals -LRB- e.g. age 55 -RRB- , some carriers may also ask for an EKG to be completed with the other exam requirements . If you 're a senior -LRB- e.g. age 70 -RRB- , some carriers may ask you to complete a mature assessment -LRB- congnitive and physical movement testing - e.g. memory tests , walk a distance , etc. -RRB- . Exams typically take no more than a half hour or so and can be completed in the privacy of your own home -LRB- some people prefer their work place which is also acceptable -RRB- . You do n't have to go to a doctor 's office or a clinic to have the exams done . One recommendation is know which carrier and which of their programs you are going to apply for . You do n't want to take an exam before completing the application process because if you apply to another carrier than you may have originally intended , you may have to complete extra testing because that 2nd carrier may have more markers they check for -LRB- therefore extra exam requirements/tests -RRB- than the other carrier . Ideally , you want to have everything in order and make sure it 's right so you only have to do it once . Please feel free to contact me if you have any other questions . Thanks very much . "}
{"input": "What Happens During A Life Insurance Physical? ", "output": "How detailed and what happens during a life insurance physical initially depends on your age and the amount of insurance applied for . What is done varies between companies , here a few examples . ; A paramedical exam could involve having a nurse or trained practitioner asking you the health question and you providing a urine and blood sample . Older ages and or greater amounts of insurance , could involve a medical doctor 's exam and an electrocardiogram and or x-rays . Your medical declaration or initial tests results could also trigger additional requirements . Your insurance broker would be able to advise you about the initial medical requirements for the amount you are considering applying for . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "What Happens During A Life Insurance Physical? ", "output": "A life insurance physical is information an underwriter needs to make a risk assessment on your help in determining your premiums paid for a specific face amount of insurance . Therefore it really depends on the amount applied for and your age and health status . A paramed examiner which is a nurse will usually come to you and ask a list of health questions . The rest can vary from just taking height and weight , blood pressure , mouth swab , blood and urine samples all the way to running a portable EKG strip . Again age and face amount dictate how much information is required for the underwriter . "}
{"input": "What Is Flexible Adjustable Life Insurance? ", "output": "Flexible Adjustable Life Insurance is another name for current assumption universal life -LRB- CAUL -RRB- . The key adjective is flexible . At the advent of CAUL , its flexible premium and death benefit was an alternative to the rigidity of participating whole life insurance . Today that flexibility to change the dynamics of premium and death benefit is an attractive feature of CAUL . "}
{"input": "What Is Flexible Adjustable Life Insurance? ", "output": "This is another name for Universal Life . A Universal Life plan has flexible premiums . You can vary the amount you pay in . The more you put in the greater the cash value buildup . The face amount is adjustable . you can vary the face amount by increasing or decreasing without having to purchase a new policy . You can increase the face amount subject to underwriting . "}
{"input": "What Is Flexible Adjustable Life Insurance? ", "output": "What is flexible adjustible life ? Another name for universal life . Have n't really heard it in a while but I am sure some companies use that name for universal life , to be different . A universal life policy is flexible as you can choose to pay your premium or not . It is adjustible because you can lower the face amount , change the contribution levels and a few other things . This makes for a really flexible product , which actually has meant more troubles for insured than good old fashion pay your premium each month policies , which chug along . "}
{"input": "How Much Renters Insurance Coverage Should I Get? ", "output": "That depends , what is the replacement value of your personal property ? The amount of coverage that you get should be enough to cover the replacement cost of all of your personal property . Contact a local agent to discuss your coverage needs , they are best equiped to help you decide what coverage is right for you . "}
{"input": "Can Hospitals Turn Away Medicare Patients? ", "output": "If hospitals accept federal funds they are prohibited from denying services to Medicare or Medicaid patients . Under EMTALA rules , hospitals can not deny services to anyone regardless of their ability to pay , if they arrive and has a critical medical emergency . Almost every hospital receive some federal funding so you should not have a problem . "}
{"input": "Why Do You Need Renters Insurance? ", "output": "You need to buy a renters policy if you could have a loss that is greater than your ability to pay . That is , if someone is hurt in your rental property and sues you , can you pay the loss ? If the property burns and your personal property is destroyed , can you sustain the loss ? In neither of these instances is your landlord responsible . "}
{"input": "Why Do You Need Renters Insurance? ", "output": "Great question ! Most folks know the importance of homeowners insurance , but few people realize all of the benefits and coverage available with a renter 's insurance policy . Coverage options differ between insurance companies , but here is a quick list of items that are typically covered : 1 . It covers replacing all of your belongings , including furniture , clothes , shoes , tools , laptops , and TVs after a covered loss . -LRB- Many people incorrectly assume that if they are renting , their personal belongings are covered under the property owner 's insurance policy ; in most cases the renter 's belongings are not covered under the owner 's policy . -RRB- 2 . It covers medical costs for guests who may be injured in your home . -LRB- Perhaps the neighbor sprained their ankle falling off of your step ? Wouldnt it be nice to cover their medical expenses as a courtesy , and not have to pay out of your own pocket ? -RRB- 3 . It gives you liability protection for events you may be held liable for on or off the property . -LRB- Maybe the neighbor who sprained their ankle decides to sue you ? -RRB- 4 . It covers additional living expenses , such as a hotel room , and dining out in the event you are temporarily evacuated from your home . -LRB- Perhaps a pipe bursts , and the landlord says you have to stay somewhere else for 10 days while they conduct repairs ? -RRB- "}
{"input": "What Is The Difference Between Medigap And Advantage? ", "output": "It can be a bit confusing , but Medigap plans are utilized for persons that are covered under traditional Medicare . You can buy a policy from an insurance company such as Blue Cross , Humana or UnitedHealthcare -LRB- although there are plenty of other insurers to choose from -RRB- . It is designed to provide coverage for many of the out-of-pocket costs -LRB- such as Part A deductible and Part B costs -RRB- that are not picked up by Medicare . The different Medigap plans are standardized which makes it easy to compare , although there are differences in benefits . Medicare Advantage is a private health plan that is offered as an alternative to the more-traditional Medicare coverage . Often an HMO or PPO , you may see additional benefits included . Many of these plans include some form of prescription/drug benefit . Of course , you can not purchase BOTH a Medigap and Medicare Advantage plan . You can choose one , or simply not use a supplemental policy . An independent broker and/or a reputable website is a great place to view options from multiple companies . You can often instantly compare plans and easily apply online . "}
{"input": "Can You Claim Disability Insurance On Taxes? ", "output": "If you have a business plan that includes executive benefits and one of those benefits is disability insurance , you can elect to deduct it and increase your benefit to around 80 % of your compensation , but the benefits will be taxable at ordinary income tax rates . Consult your tax adviser before moving forward with the deduction . "}
{"input": "Can You Claim Disability Insurance On Taxes? ", "output": "Can you claim disability insurance on your taxes ? Yes or No , depending on how you 've accounted for your premiums tax wise . In most cases the premium you pay for disability insurance is paid from taxed dollars , in other words after tax dollars . In that particular situation any benefit you collect would be consided not to be subjected to income taxes . So you would not have to show disability payments on your tax return in that case . Now , if the premiums are deducted for tax purposes , the benefit collected would be considered taxable . "}
{"input": "Does SIPC Cover Annuities? ", "output": "SIPC covers securities investments in the event of a Broker Dealer default or insolvency . The coverage is up to $ 500,000 . Annuities are not covered by SIPC because they are insurance products and are therefore covered by State reinsurance programs specific to the state that the annuity is offered and sold in . "}
{"input": "What Is AD&D Insurance Vs Life Insurance? ", "output": "AD&D is very limited coverage that is generally issued without much underwriting . It is often included in employee benefit packages . Some people seek AD&D coverage because they can not qualify for life insurance . Other seek it as a part of a travel insurance package , particularly if their destination is relatively unsafe . "}
{"input": "What Is AD&D Insurance Vs Life Insurance? ", "output": "AD&D Insurance stands for Accidental Death and Dismemberment Insurance . AD&D Insurance pays for death that occurs by accident , or for accidental dismemberment . Life Insurance , on the other hand , pays for accidental death AND for death that occurs due to natural causes . Life Insurance pays for death by any reason except for suicide in the first two years of the policy , and some exceptions such as acts of war , as spelled out in the policy . "}
{"input": "What Happens When Your Car Insurance Is Cancelled? ", "output": "I will keep this brief - nothing good . From the date on your cancellation notice you no longer have physical or liability coverage . Meaning , no one will pay for your car to be repaired and if you injure someone else on the road you have no liability suit protection . Furthermore , if you live in Michigan , like I do , driving without no-fault insurance subjects you to a penalty of $ 200 - $ 500 and up to three points on your license . Finally , if you lease your car and it is part of the agreement to maintain full coverage , lapse in the coverage is a breach of the contract and can cause the car to be repossessed . "}
{"input": "What Exactly Does A Life Insurance Broker Do? ", "output": "A life insurance broker works for you ... the consumer . The broker will research and compare many of the top-rated carriers so you can pay less for your coverage . 20 years . 15 years . 10 years.Term . Whole Life . Variable Life . Confusing is n't it ? A broker will help you understand the best options for you and how to get them atminimalcost . "}
{"input": "Will Homeowners Insurance Cover Rodent Damage? ", "output": "Homeowners Insurance may cover rodent damage ; however , you must review the exclusions on your policy and if not sure , you may ask your insurance carrier to explain the coverage as it applies to your specific situation . In general , homeowners insurance covers incidents that are sudden and accidental and are not excluded from the policy form . "}
{"input": "When Is Life Insurance A Good Investment? ", "output": "Life insurance product suitability is determined by performing a personal financial profile that includes a risk tolerance assessment , tax favored priorities and financial planning goals . A non-modified endowment contract life insurance policy designed to purchase the lowest cost of insurance has four differing crediting methods that can deliver tax free retirement income as long as the contract is kept in force for the life of the insured : Participating whole life with dividends , current assumption universal life with interest rates , indexed universal life with limited indice returns and separate sub accounts utilizing market equities and bonds investments . "}
{"input": "What Does Assignment Mean In Medicare? ", "output": "Medicare assignment means that your medical provider agrees to the Medicare fee schedule and will allow Medicare to pay them directly . Most providers accept assignment which makes it easier on them and you . When your medical provider accepts assignment you can rest assured you will not be balance billed for excess charges . "}
{"input": "What Does Assignment Mean In Medicare? ", "output": "Medicare pays doctors according to a set schedule for each procedure . When a doctor treats a patient on Medicare he accepts assignment . In other words he agrees to accept what Medicare pays . For example , a doctor may normally charge $ 1000 for a procedure . Medicare may only approve $ 500 . The doctor has agreed to accept that $ 500 . Medicare will then pay 80 % of the $ 500 and the patient pays 20 % . The doctor is not allowed to bill for the balance . "}
{"input": "When Should You Get Life Insurance? ", "output": "The best answer to this question is when you are young and healthy . The younger you are , the lower your premium will be.If you are in very good shape and a non smoker , you may qualify for more preferred rates so be sure to talk to your insurance professional about your best options . "}
{"input": "When Should You Get Life Insurance? ", "output": "You should get life insurance whenever the need arises for that type of protection . If you are young and have school loans to pay off , that is a good time to get life insurance . If you are elderly and do not have funds set aside for your funeral , that is a good time to get life insurance . And there are a myriad of other reasons to get life insurance at any age in between . "}
{"input": "When Should You Get Life Insurance? ", "output": "You should secure life insurance when you start out in life . You 'll quickly discover that yo 'll accumulate financial liabilities that can impact your family and business partners . When your young and healthy , lie insurance is quite affordable , so it 's important to secure coverage at a young age . Life insurance is a major component of defensive financial planning . "}
{"input": "How Much Do Medicare Advantage Plans Cost? ", "output": "Medicare Advantage premiums range from $ 0 to $ 100 or more . Rates vary by plan , zip code , carrier and benefit levels . There is no `` best '' Medicare Advantage plan . Benefits and premiums vary by zip code and from year to year . The `` best '' plan is the one that fits your needs and budget . Most Advantage plans have provider networks . Some networks are local while others are regional . Some Medicare Advantage plans only cover youe if you are treated by a network provider while others will include out of network coverage but with a higher -LRB- and usually separate -RRB- deductible , higher copay 's and higher out of pocket . Exceptions can be made for out of network penalties in the case of true medical emergencies . Make sure you understand all details of the policy , especially your out of pocket maximum . The out of pocket limit does not include non-network benefits or Rx . It also does not include any non-covered medical treatment . "}
{"input": "How Do You Cash In A Life Insurance Policy? ", "output": "You Cash In your Life Insurance Policy with serious consideration before doing it . There may be ramifications to its termination . Cashing in your life insurance policy will terminate coverage for your beneficiaries . Cashing in your policy with gain in the contract will cause an ordinary income taxable event . Cashing in your policy with outstanding policy loans or internal policy loans in the contract could also trigger an ordinary income taxable event . "}
{"input": "How Do You Cash In A Life Insurance Policy? ", "output": "To cash in a life insurance policy , it is a good idea to start by contacting the agent who sold it to you , or another life insurance agent you trust . There are options besides cashing in a policy that can possibly save you money and be a more economical move for you , and a trusted agent can explain those choices to you so you can make an educated choice . If you still decide to cash it in , your agent can assist you with that , as well . "}
{"input": "How To Change Ownership Of A Life Insurance Policy? ", "output": "To change ownership of a life insurance policy just requires a simple form . You can call or email the customer service department of the life insurance company through which your policy is held , or contact the agent who sold it to you . The original owner will have to sign the change of ownership form . "}
{"input": "How To Change Ownership Of A Life Insurance Policy? ", "output": "The ownership of a life insurance policy can be changed by filling out a form , signed by the policy owner , requesting the change . You can contact your agent or call the customer service number for your particular life insurance company to obtain the life insurance change of ownership form . "}
{"input": "How To Change Ownership Of A Life Insurance Policy? ", "output": "Change of ownership is fairly simple . Contact your life insurance company or insurance agent to request the form . The owner will need to sign as well as the new owner . Be sure there is an insurable interest between the new owner , insured and beneficiaries prior to making this request . This will be part of the criteria . "}
{"input": "How Long Does It Take To Get A Life Insurance License? ", "output": "To get a life insurance license , you must first take a course of training that is approved in your state . This can take months to study , or you can attend classes that try to pack the study into one weekend . After you finish your course of study , you take a life insurance test and must pass it with a 70 % grade . Then you can apply for your license . All in all , the process probably averages one to three months . "}
{"input": "How Long Does It Take To Get A Life Insurance License? ", "output": "That is an excellent question ! There are a couple of things that will determine how quickly you can obtain your license . The first is how quickly you can become enrolled in , and complete your State required training class . -LRB- There may also be company required training that you might need to complete before being able to sell , btw ... -RRB- You will also need to schedule and take your State exam , and get your fingerprinting and background checks done . It is a really wise idea to look into getting your Errors & Omissions insurance while in the process also , so that you can hit the ground running once licensed . So depending upon how well you learn and test , and how easy it is to get everything scheduled , you can expect your licensing within a couple of weeks , to a cople of months . If you would like to know how it went for me , please contact me , and I 'll talk to you privately about it . Thank you for asking ! "}
{"input": "How Long Does It Take To Get A Life Insurance License? ", "output": "The requirements to have a life insurance license vary by state . In California there is a requirement for forty hours of instruction and then additional instruction in ethics . The instruction is available in a classroom setting , cram courses and on-line . The examination in California is comprehensive and customized for each applicant . The examination covers the entire spectrum of life insurance and many applicants find it difficult . "}
{"input": "How Do I Sign Up For Health Insurance? ", "output": "Through and independent agent would be best option but you can sign up online through different companies . However this option may not be available till November 15th when open enrollment starts again unless you have qualifying life event such as loss of group coverage , birth of new baby , adoption , divorce etc. . "}
{"input": "How Can I Get Cheap Car Insurance For My Daughter? ", "output": "The best place to start is by talking to your Insurance Professional about your existing car insurance . Ask about any and all available discounts that your company may offer . If you have 2 cars and your daughter will make 3 drivers , she might be elligible for occasional driver rates which can save money . Likewise , her successful completion your state approved Driver Education course and a maintenance of good grades in school can also certainly help keep the premiums down . LIke the rest of us , it is also critical that your young driver follow the rules of the road and operate your car in a lawful and prudent manner in order to avoid tickets and accidents . "}
{"input": "What Do You Need For A Renters Insurance Claim? ", "output": "For any claim involving property , you need evidence . This doesnt have to be piles of receipts . Simple photographs give the adjuster the information necessary to accurately evaluate the loss . If you have receipts that is fine as well . If you are sued , dont be concerned about what the adjuster needs , just get the claim into their hands . This is urgent . "}
{"input": "If you move out before your renters policy expires, is your property still covered? ", "output": "The property covered under your homeowners policy is the property of the insured . The property of the visitor could well be covered under the visitors renters policy . I am not sure why you would want to sue the homeowner . I suspect that the renter will be able to recover all but her deductible depending upon the property involved and the circumstances . "}
{"input": "Can Foreign Nationals Get Medicare? ", "output": "If you are a resident of the United States and either a citizen or are an alien lawfully admitted for permanent residence who has lived in the US continually for at least 5 years , and if you are age 65 , you can enroll in Part B Medicare and pay a premium for Part A Medicare . Call 1-800-MEDICARE to be sure . "}
{"input": "How Do I Know If I Have Life Insurance? ", "output": "If you have life insurance , you will probably have a copy of the policy somewhere . When people purchase life insurance , they get physical evidence that the purchase was made . If you can not find that , you can try asking family members , or calling insurance companies that your family has used in the past . "}
{"input": "How Do I Know If I Have Life Insurance? ", "output": "First place to look for coverage may be your group benefit plan at work that may have a minimum auto enrollment . The next place to inquire is your financial planner , who should have this information as part of your financial file . You can also investigate close family relatives to see if coverage was put on your life , perhaps as a child . If you have a safety deposit box or safe , you should open it to review your documents , a good place to store important papers . This is a curious question . "}
{"input": "Who Sells Medigap? ", "output": "There are many insurance companies that offer Medigap or Medicare Supplement policies -LRB- the two are the same -RRB- . It will depend on the state in which you live as far as what companies are approved to sell the plans.AARP United Healthcare offer plans in nearly every State . Mutual of Omaha , Standard Life , Humana , Anthem Blue Cross , and many others . Talk with a local agent who specializes in Medigap insurance to select a plan competitive in your area . "}
{"input": "Does Aflac Offer Long Term Care Insurance? ", "output": "No , Aflac does not offer a traditional Long Term Care Life Insurance product at this time . Aflac does carry a Critical Care and Recovery Insurance policy that would pay a cash benefit to the insured person if they were diagnosed with some serious , life impacting illnesses or health conditions as specified by the policy . "}
{"input": "How Much Is Enough Long Term Care Insurance? ", "output": "You should purchase long term care for your retirement years . The statistics are significant that youll experience a need for assisted living or perhaps nursing home confinement . The average married couple spends $ 250,000 on medical and extended care during their retirement years . Securing long term care is important , especially when youre healthy and heading into your late fifties , early sixties . Most married couples who purchase long term care in their early 60s are opting to purchase the maximum benefit with at least a 3 % inflation rider . The total benefits generally run $ 7,000 a calendar month with max benefits of around $ 400,000 to $ 420,000 for two 60 year old non-smokers on a joint policy . "}
{"input": "Can You Get Car Insurance With No License? ", "output": "Great question on this topic . if you live in the USA its hard to be issued an insurance policy if you do not have a valid driver license . So you can not legally drive if you do not have a driver license so no need to buy auto insurance if you are not authorize to drive . "}
{"input": "Why Can't I Buy Health Insurance Out Of State? ", "output": "Outside of the state by state variance in regulations , health insurance is driven by doctors that sign up to contract with the insurance company to receive payment for services given to their patients . Most insurance companies do n't have the resources to manage networks hundreds of thousands of doctors across the country . All this means that if you live in Texas and buy insurance from a company in Ohio , you wo n't be able to see a doctor that is contracted with the carrier so you wo n't be covered for your doctor visit . "}
{"input": "Why Can't I Buy Health Insurance Out Of State? ", "output": "That 's a great question ! The main reason is that the cost of your coverage is very much based on the providers and services offered in your area . The costs of services in a largely rural state will be much different than those in a heavily populated , more urban state . Most plans are based on using those local service providers , and they get paid accordingly also . Thanks for asking ! "}
{"input": "Does Citibank Offer Life Insurance? ", "output": "Citibank may very well offer some form of life insurance through an affiliate company . Possibly credit life or accidental death and dismemberment . Citibank it 's self is not an insurance company and I believe by law they can not operate directly as an insurance company . That said through the use of `` other '' companies , they can offer insurance . "}
{"input": "Does Citibank Offer Life Insurance? ", "output": "Life Insurance is ONLY provided by authorized life insurance companies . Banks like CitiBank and others may have arrangements with one or more insurance companies to make offers to their customers similar to AARP . It 's like they 're endorsing a particular insurance company to their customers . But banks do not sell or provide insurance . Sometimes a bank will provide an offer for a particular guaranteed term insurance policy for a small amount , but again they 're just sending out the offer which is being made by an insurance company . "}
{"input": "Is Weight Loss Surgery Covered By Medicare? ", "output": "Bariatric surgery -LRB- lap band , gastric bypass -RRB- can be a covered expense under Medicare in some situations . If your doctor certifies that you are morbidly obese and other forms of weight loss have not been successful , you may be considered a surgical candidate if you are healthy enough to survive the surgery . "}
{"input": "Does Existing Insurance Cover A New Car? ", "output": "If you have purchased a new vehicle , your current policy coverages will typically extend to the new vehicle . Most carriers require that an insured notify the carrier within seven days of purchase to have the vehicle covered properly from the date of purchase . If you are purchasing a brand new vehicle or a used vehicle from a car lot or dealership , they may require proof of insurance before you drive the vehicle off of the lot . "}
{"input": "Does Medicare Cover Doctor Of Osteopathy? ", "output": "As long as the Doctor of Osteopathy is a provider who accepts Medicare the answer is `` YES '' . Office visitsare covered under Medicare Part B . You can verifuy this information at WEBSITELINK under the `` Doctor and other health care provider '' section.Of course whatever treatment one is seeking must be medically necessary per Medicare standards . There may be other variables depending on any ancillary coverage you might have , such as a Medicare Advantage HMO . Then the Doctor of Osteopathy would heve to be an `` in-network '' provider and accepting new patients to their panel . "}
{"input": "Does My Auto Insurance Cover A Rental Truck? ", "output": "In most cases the answer is yes , you are covered for liability . The rental company covers the truck . Should you be involved in an at-fault accident , your liability coverage would pay first for any bodily injury or property damage related to that accident . If it is a non fault accident then the rental companies insurance will generally pay . Read the terms of your contract with the rental company and know your own policy . If you have questions check with your insurance agent who knows the laws in your state and your specific policy . "}
{"input": "How To Purchase Life Insurance For A Parent? ", "output": "Contact a Insurance company today , and talk to a agent who can answer any Life insurance question you might have . Expert advice is always the best advice . There are plenty of life insurance companies just type it into google and your set.The sooner the better , we never know what can happen in life . "}
{"input": "How To Purchase Life Insurance For A Parent? ", "output": "Children purchase life insurance on their parents to provide funds for final expenses . These policies can not be purchased without the parents consent . If the parents have a single heir that heir should not have any difficulty buying the policy . When there are multiple heirs it would be very important to make sure every other potential heir is aware of what is being done and why . "}
{"input": "How To Purchase Life Insurance For A Parent? ", "output": "The best place to start in purchasing life insurance for a parent is to discuss the idea with them . They will , at a minimum , need to sign the application , so you can not do it without their knowledge . If they apply for a small , simplified issue policy , they will probably need to do a phone interview with the insurance company . If applying for a larger policy , they will need to take a life insurance exam that my include an EKG and questions to test their cognitive function . If they are not willing to participate in the application process in any way , they can get guaranteed issue life insurance -LRB- but will still need to sign the application -RRB- . In this first conversation , you can get an idea of what type of policy to look for by asking them how involved they want to get in the application process . At this time , you should also get a list of their medications and current and past health conditions . Most adult children are unaware of their parents ' complete health history . If your parent does not want to share that with you , they should contact an agent themselves , for their quote . You can find the most competitive rates for your parent at agencies that sell a selection of products . If the policy is going to be under $ 50,000 , there are agencies that specialize in those . The agency may call that type of policy Senior Life , as our agency does . Or they may call it Burial Insurance , Funeral Insurance , or Final Expense Insurance . If you are looking for a larger face amount , contact an agency that is experienced in Senior Life Insurance . If your parent has very serious health issues , Guaranteed Issue may be the way to go . Most companies will allow a child to pay for a policy for their parent . Whether or not you can own the policy will depend on a variety of factors . If you approach the purchase with the preparation explained above , it can be a very easy process and leave your parent feeling fulfilled , rather than frustrated . "}
{"input": "Can I Be Denied Health Insurance For HPV? ", "output": "Great question ! Like it or hate it , the Affordable Care Act -LRB- `` Obamacare '' -RRB- has done you a great blessing - coverage can not be denied to you due to your previous health condition . You also will find that lifetime caps on coverage for you have disappeared also . I 'd suggest that you try the exchanges first , and see if you qualify for a subsidy to help drop your insurance cost - another nice perk . Hope that helps ! If you need more information , please feel free to contact me , I 'm glad to help.Thanks for asking ! "}
{"input": "Can I Be Denied Health Insurance For HPV? ", "output": "While the Affordable Care Act eliminated health based underwriting , there are limitations around when you can purchase your policy , and when you would expect the coverage to become effective . The initial open enrollment period concluded on March 31 , of 2014 . If you have a pre-existing condition such as HPV you may have to wait until the next open enrollment . Plans purchased during this second open enrollment will be effective January 1 , 0f 2015 . "}
{"input": "Can I Be Denied Health Insurance For HPV? ", "output": "Under the Afforable Care Act , you can not be declined for health insurance due to a pre-existing condition or other health-related issue . You have the option to secure a bronze , silver , gold , or platinum level plan - please note , not every carrier offers a plan under each level -LRB- e.g. company XYZ may only offer bronze , silver , and gold plans , but not platinum plans -RRB- . Individuals under age 30 also have the option of securing a catastrophic plan . If you qualify for a subsidy , you would want to look into plans ON the health insurance exchanges . If you do n't qualify for one , you may want to look into plans OFF the exchanges as you will generally have more options available to you . "}
{"input": "Where Do I Sign Up For Medicare Part B? ", "output": "You can sign up for Medicare Part B online at medicare.gov . The website offers information about when and how to apply , along with a form that you can fill in and submit online . If you would rather call to sign up , you can call Social Security at1-800-772-1213 . Or you can sign up at your local Social Security office . "}
{"input": "Do Federal Employees Have Disability Insurance? ", "output": "Up until recently , federal employees were not offered short term disability or long term disability insurance . If a federal employee was disabled for over a year and met the length of employment guidelines , they could take advantage of a disability retirement program . However , federal employees are now offered a choice of disability plans through FedAdvantage to fill in the gaps in their federal benefits . "}
{"input": "Can I Get Disability Insurance If I'm Already Pregnant? ", "output": "Yes you can get disability insurance once you are already pregnant , but your current pregnancy will not be covered . Many insurance companies do not ask pregnancy related medical questions on the policy application . Policies purchased through employers often do not ask these types of questions . Any non-pregnancy related illnesses along with accidental injuries would be covered . Most policies will exclude losses for any preexisting medical condition . The exclusion typically lasts for twelve months . Future pregnancies may be covered depending upon the elimination period you choose . "}
{"input": "Who Can Help Me Find Health Insurance? ", "output": "Being an agent , I would have to say that your best bet is to work with a health insurance agent . Why ? Because trained , licensed health insurance agents know which carriers have the best prices at any given time , which policies best fit your particular situation - and agents are there to help you before , during and after the sale . I am helping my existing clients on a daily basis . And with Healthcare Reform coming , my clients know they do n't have to worry about a thing - I will be there to help them make the transition . "}
{"input": "What Is Individual Disability Insurance? ", "output": "Individual Disability Insurance is paycheck protection . Most working Americans have a 90 day cash reserve . The average disability period is 30 months . You may experience a period of disability during your working lifetime . Disability insurance benefits can pay up to 60 % of your compensation tax free and up to 80 % taxable if you can deduct the premium as a business expense . "}
{"input": "What Happens When You Get Dropped From Auto Insurance? ", "output": "You will have to seek coverage with another carrier . If you can you will want to secure coverage with a new carrier before the termination of your current policy . You may pay a higher premium with the new carrier due to being dropped from your previous carrier depending on the circumstances . If you let your coverage lapse you may pay an even higher premium and possibly have a more difficult time finding a carrier due to the lapse . "}
{"input": "What Does It Mean For A Retirement Plan To Vest? ", "output": "It means that you 'll receive whatever full benefit you have accumulated or qualified to receive . The opposite of vesting would be forfeiture . In other words , if you are not fully vested under a plan you will forfeit certain benefits -LRB- and in some cases all benefits -RRB- if you terminate from the plan . Vesting a process that takes place over time and is used to encourage employees to stay in the plan -LRB- i.e. stay with the company -RRB- . Conversely it can also be used somewhat nefariously as a way to prevent payment of certain benefits , or to prevent the obligation of paying certain benefits to shorter term employees . Vesting as a practice is guided by rules set forth by the Employee Retirement Income Security Act -LRB- ERISA -RRB- . ERISA also requires full automatic vesting for any employee who has reached his or her `` normal '' retirement age , defined in the United States as the age at which you become qualified for full Social Security retirement income benefits . This automatic vesting happens regardless of years served as per normal vesting schedules . "}
{"input": "Who Sells The Cheapest Renters Insurance? ", "output": "The Cheapest Stand Alone Renters Insurance is available through Stillwater Insurance Group . In order to obtain the lowest quote for renters insurance , you must select the minimum property coverage required , the minimum liability coverage needed and the maximum available deductible ; this would provide the cheapest quote for Renters Insurance . There is a link available in multiple States in order to obtain a quick quote and purchase your renters insurance online . WEBSITELINK If the insurance has been required by a Landlord , it may be a good idea to find out if the Landlord needs to be listed as an Additional Insured on the policy ; in which case , the Landlord must provide the name , address and applicable account number -LRB- if any -RRB- to be listed by the insurance carrier on the policy . "}
{"input": "Can A Tummy Tuck Be Covered By Health Insurance? ", "output": "A tummy tuck -LRB- I always thought they could come up with a better description -RRB- is typically not covered if it is for cosmetic reasons . And usually , they are . However , if it is related to a medical condition and must be performed to prevent additional health issues , it could easily be covered . It 's best to check with your broker . "}
{"input": "How Much Does Long Term Care Life Insurance Cost? ", "output": "The cost of long term care insurance varies so much that it is impossible to answer that question . It varies according to the age , health , smoking status , and build of the applicant . It varies according to the type of policy , length of coverage , elimination period , and policy features . It varies according to where you live and what company you buy it from . One way to find out a general price for each age is to look at the federal guidelines they use for tax exemptions . Otherwise , calling a long term care specialist is the best way . The can give you a range of prices and features and help you pick the best choice for you . "}
{"input": "Does Health Insurance Cover Overseas? ", "output": "When you travel outside the US your health insurance follows you but it does not cover all contingencies . There are no networks outside of the US so your policy becomes a reimbursement contract . You should consider supplementing your major medical plan with an international travel plan to cover things like med evac and translation of medical records . "}
{"input": "Can I Change Auto Insurance At Any Time? ", "output": "You can change your auto insurance at any time . The process is simple . You contact an experienced broker and then we shop all of the major companies to provide you with the lowest available rates and the most flexible payment plans . However , before you cancel an auto insurance policy , it 's important to know exactly what the rate on the new policy will be . Therefore , it should be underwritten and an offer in writing should be received . A broker can easily review the process with you . "}
{"input": "Can I Change Auto Insurance At Any Time? ", "output": "Yes you can at any time ... But your policy could be canceled short rate and you will be charged a short rate fee . It 's better to switch at renewal unless you are saving lots of money . See if it 's really worth it to switch because also if you have not had insurance for a few months and this is your first policy in a few months you could be losing your prior insurance discount for your next six months , depending on the State you live in . Visit my blog to learn more . WEBSITELINK "}
{"input": "Why Does Suze Orman Dislike Variable Annuities? ", "output": "To be fair to Suze , she has online piece called The Truth About Annuities , that outlines her position on annuities and which also addresses variable annuities -LRB- VA -RRB- . While she appears to question the VA expense loads a legitimate gripe as in all investment , she seems to down play the tax deferral feature . Read her piece online to determine her position . "}
{"input": "What Does Dwelling Mean In Home Insurance? ", "output": "Dwelling is the building or structure you are insuring . Agents determine the dwelling value based on the cost to rebuild your home . In order to get Replacement Cost coverage you have to insure your house for 100 % of the Replacement Cost -LRB- the amount it would cost the insurance company to rebuild your home . -RRB- . Other lines of coverages are percentages of the dwelling value . For example , if your home is insured for $ 500,000 you would have 70 % for contents coverage or $ 350,000 and 10 % for other structures or $ 50,000 . "}
{"input": "How Does Medicare And Tricare Work Together? ", "output": "If you are currently on Tricare you will be required to enroll in Medicare parts A & B when you reach age 65 . In most cases this happens automatically . The part B has a charge . When you have a claim the claim is processed first by Medicare . They pay the benefit on their schedule . The balance of the bill is then sent to Tricare . Tricare then pays what they will pay subject to any applicable deductibles and co-payments . The balance is then due and payable by you . In practice most physicians and hospitals get complete information about how the bill will be handled before they treat you . If you are responsible for any part of the bill , they will demand payment , frequently , before treatment starts . "}
{"input": "What Occupation Makes Car Insurance Cheaper? ", "output": "Although many auto insurance companies inquire about occupation , the answer you give them does not affect the rates . They ask this question as more of a screening than anything else . They want to make sure you are not using the vehicle for commercial use -LRB- which would not be covered under a personal auto policy -RRB- . For example , if you list your occupation as a delivery driver , they may ask you additional underwriting questions to make sure you are insuring the vehicle on the right type of policy -LRB- or at least make you aware of the fact that you 're not covered while using the vehicle commercially -RRB- . There are however , private insurance companies who only sell to certain groups -LRB- e.g. military personnel , teachers , govt . workers , etc -RRB- They can offer very low rates at times . But never have I seen the type of occupation affect rates with a public auto insurance company . "}
{"input": "How Much Life Insurance Am I Able To Get? ", "output": "How much life insurance for income replacement purposes you can get is primarily a function of your income if considering a purchase during your working years . Each insurance company has its own maximum limit of the amount they will issue you considering all of the life insurance you have on your life but a good rule of thumb for insureds under age 45 is up to 25 times earned income . The multiple is less at older ages and in retirement years , net worth becomes a key factor . "}
{"input": "How Much Life Insurance Am I Able To Get? ", "output": "The amount of life insurance coverage is directly correlated to the amount you can economically justify which may include future values on income and/or estate growth . There is also some play here within the retention of life insurance companies to be more benevolent with amounts that fall into multi-planning scenarios such as domestic and business insurance purchasing . "}
{"input": "How Much Life Insurance Am I Able To Get? ", "output": "In addition to the other excellent answers above , sometimes you can get life insurance as a senior , homemaker , or student , even though you may have little to no income coming in . Many insurance companies will allow a stay at home spouse to take out the amount of life insurance that the employed spouse has on his or herself . Sometimes students can get life insurance based on what their income will be in the near future . And seniors may be able to get a final expense policy even if their income is very low . "}
{"input": "How Do I Get Cheap Car Insurance? ", "output": "There are two ways to measure whether an auto insurance policy is cheap . From the television advertisements you could think that the premium is the way to determine who has the cheapest insurance . Your state insurance commissioner is charged to make sure that insurance companies keep their promises . He does this by making sure that the premiums being charged are adequate . Since all insurance companies doing business in your state are offering their policies to the same group of people , it would seem that ultimately they would have pretty similar experience and would charge fairly similar rates . When you hear an advertisement telling you that customers saved on average 25 % by switching to company A , you need to understand that information like that is the result of after sales surveys . This is what people report . That is why almost every insurance company has similar advertisements . If everyone is saving money over everyone else , something isnt quite right . The other way to determine cheap insurance is to determine by value . You buy automobile insurance to pay claims when you have an accident or your car is damaged . When this occurs how much you paid in premium may be insignificant if the policy you hold on your automobile is inadequate to handle the law suits coming your way not to mention the repair of your vehicle . A few days ago a client was struck a glancing blow on the right rear of his car while stopped at a signal light . The car then proceeded to hit the expensive car stopped alongside my clients , pushing that car into a small car with two children on board which then rolled forward and knocked over and ran over a motorcycle operator . The driver who started this mayhem is not thinking about how much he paid in premiums , he is thinking about how much the company is going to pay in the costs that will come next . Incidentally , two people left the scene in ambulances and others were undoubtable injured . The way to have the cheapest automobile insurance is to secure the services of a competent insurance agent . The agent will listen to you , provide sound financial advice and communicate clearly with you and with the insurance company . In the end the agent will guide you to appropriate limits . These limits will determine how well the insurance company performs when you have an accident . Regardless of which company the agent and you agree upon , the real test is going to be how well the company performs when you have an accident . There are two other fallacies that affect an automobile insurance purchase . The first is the idea of legal limits . If you purchase automobile on the basis of the limits required by law you may well bankrupt yourself when you have an accident . Those limits can handle some accidents but certainly will stop paying long before the bills stopping coming if the accident involves much personal injury or the car struck is expensive . The other fallacy is full coverage . Most consider full coverage to be enough to satisfy the state requirement and enough to satisfy the lender . While keeping those entities satisfied you are still assuming too much exposure personally . Your company could run out of money before everyone is satisfied . Then they will sue you directly . "}
{"input": "How Do I Get Cheap Car Insurance? ", "output": "You can get cheap car insurance by shopping and comparing with an experienced broker . There are dozens of reputable and reliable insurers in your area , so it is very difficult to find the best pricing without taking a week off from your daily activities ! For example , as an experienced broker -LRB- more than 32 years -RRB- , we are committed to our customers and finding the best rates from top-rated carriers . When you hear `` shop till you drop , '' you can apply that work ethic to an experienced broker/agent when they go to work for you . Since a broker understands underwriting guidelines of multiple companies , your specific information will help determine the carrier that gives you the best deal and the broadest range of discounts . "}
{"input": "Does Homeowners Insurance Cover Roof Damage From Snow? ", "output": "In most case , yes , your homeowners insurance would cover roof damage from the snow . While it is possible that you have specific exceptions in your homeowners policy that I am not aware of , generally speaking , roof damage is covered by your policy . I would recommend you contact your insurance agent and cover the information with him/her BEFORE filing a claim , though . Depending on your homeowners insurance deductible , it may be a better option to have the repairs done yourself rather than having a claim on your insurance record . "}
{"input": "Should Renters Get Earthquake Insurance? ", "output": "I do not believe that earthquake insurance should be a concern for a renter . The tenant does not own the property so any damage to the structure of the building would not be insured under a renters policy . Therefore , the renter would only need to make sure they have coverage for their belongings in the residence . "}
{"input": "Why Is Life Insurance Important In Financial Planning? ", "output": "Financial Planning is all about understanding what it will take to meet your financial goals now and into the future looking at all possible events that are controllable and unexpected . Life Insurance is a great tool to use which provides cash liquidity for lost income , paying estate taxes , providing tax-free income and more . How do you want your family taken care of when , not if you die , especially prematurely ? Life Insurance provides a benefit for pennies on the dollar for the benefit you will get in return . The expected events include weddings , vacations , new cars or other toys , etc. . The unexpected are the market corrections that take away potential future income through retirement , health issues , kids and family support to just name a few . I hope this provides a `` nutshell '' approach to why Life Insurance is important and should be considered in Financial Planning . "}
{"input": "Why Is Life Insurance Important In Financial Planning? ", "output": "Why is life insurance important in financial planning ? Depending on the type you choose it provides a safety net to your portfolio and/or a completion aspect to your planning if you were to pass away . For the indivdual it falls on what 's important to them . If they have others in their lives that they care about , insurance makes great sense . "}
{"input": "Why Is Life Insurance Important In Financial Planning? ", "output": "Every financial planner I know urges their clients to have Whole Life Insurance . It allows you to build up cash equity , in addition to providing a death benefit later . It allows you to borrow against it , which continuing to grow . It allows you to help fund college education and retirement later on . It protects those you love , so they can maintain their standard of living . What could be a more important part of a financial plan . And it is tax free to boot ! Call me for questions . Gary Lane , Registered Representative and Agent , New York Life , 949\u00a0797\u00a02424 . Thank you . "}
{"input": "Why Is Life Insurance Important In Financial Planning? ", "output": "Most financial planning involves investments that are tax deferred . Life insurance is not subject to income tax at all . Therefore , people of high wealth are using life insurance for financial planning , while persons of low wealth are using life insurance because it is the most sure way to pass money to dependents in the event of an untimely death . "}
{"input": "Why Is Life Insurance Important In Financial Planning? ", "output": "Why is life insurance important in financial planning ? Because it is one of the first things in building a financial plan that should be considered . It is the foundation of planning . While everything else a person can do will be exciting in comparison , life insurance provides the boring grey cement that keeps stable if the ground shakes , winds blow and rain and snow come . Life insurance is the boring part of a financial plan . . why ? cause it does what it says it 's going to do without drama ... . it will be the most predictable financial product you will own . "}
{"input": "Why Is Life Insurance Important In Financial Planning? ", "output": "In most situations , life insurance is passed tax free to the beneficiary , which gives it a huge advantage over many other types of savings and investments . It usually bypasses probate , making the funds more readily available . The proceeds can be paid out in a lump sum or in installments with interest . One does not have to wait until you have saved up enough money to get it . By paying regular premiums , it will pay your survivors far more than you could save up in the event of an untimely death . It is secure and -LRB- unless one borrows from it excessively -RRB- it can not be depleted until death . "}
{"input": "How Much Is Health Insurance For A Single Person? ", "output": "The cost of health insurance for a single person can actually be zero , if you qualify for full federal subsidies that are now available with ACA -LRB- Affordable Care Act -RRB- legislation . The tax credit is based on your household income and the Federal Poverty Level Guidelines . As an experienced health insurance broker -LRB- 33 years as one of the nation 's top-rated brokers -RRB- , our expertise , unbiased recommendations and reputable websites , help consumers find the most affordable healthcare options . Although many individuals and families qualify for subsidies , certainly not everyone is going to get `` free '' health insurance . Where you live , your age , your smoking status and the type of coverage you select , will impact the price you pay . State Exchanges -LRB- Marketplaces -RRB- offer different `` Metal '' plans that can greatly vary in cost , coverage , and out-of-pocket expenses . It 's important to have an experienced broker review the best available plans and how they best treat any pre-existing conditions you may have . "}
{"input": "How Much Is Health Insurance For A Single Person? ", "output": "Unfortunately there 's too many factors that go into premium pricing to say what an average plan costs . Your age is a big factor - the younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . If you 're an individual buying on or off the exchange -LRB- and not securing group coverage through an employer -RRB- , you need to consider the level plan you want . There are four metal plans : bronze , silver , gold , and platinum . Bronze plans generally cover about 60 % of your healthcare expenses , Silver is 70 % , Gold is 80 % , and Platinum is 90 % . So , in short , the better the benefits that you want to have , the higher the premium will be . There 's also a catastrophic plan , but these are only available to individuals under age 30 . If you qualify for a subsidy , the cost of your premium can be lowered as well - whether you qualify for one depends on your income . This is where an independent insurance agent can really help you . They can work with you to look at a wide range of options from many of the top carriers in the industry . "}
{"input": "How Do You Calculate Annuities? ", "output": "If you are asking how to calculate the payment received by an annuity this depends on the type of annuity payout . The simplest is a period certain based on a given interest rate . This is a time value of money solve for payment given a present value of X and interest rate of Y and a future value of zero . For annuity that are based on a life -LRB- or multiple lives -RRB- you would need to know that insurance companies discounting factors for mortality given a certain life covered . "}
{"input": "Where Is The Best Place To Get Life Insurance? ", "output": "I recommend sitting down with an independent life insurance agent . A good agent will examine your current situation and recommend a plan that meets your goals and budget . He will be able to find the plan or combination of plans with good solid companies . A local experience agent will also be able to provide you with the service you may need as time goes on . "}
{"input": "Where Is The Best Place To Get Life Insurance? ", "output": "The best place to get life insurance ... ideally ... is a broker/website that offers the lowest available rates from the top-rated carriers ... and offers you expert guidance . This resource should be a full-time broker/agent that is possibly a Certified Financial Planner . Term insurance is essentially price-driven so a great website -LRB- reputable -RRB- may be a great starting point . "}
{"input": "How Much Is Car Insurance For 21 Yr Old? ", "output": "Age alone is not a consideration for rating an auto policy in California . Experience is the rating factor . There are several levels of inexperience and a 21 year old would probably find themselves in the latter two levels which make their premium a little less severe . Once the driver has completed eight years of driving experience they normally receive a standard rating and keep that until they are much older in which case the rating starts to increase a bit . "}
{"input": "How Much Is Car Insurance For 21 Yr Old? ", "output": "Car insurance rates for a 21-year old can be very affordable , if you shop the right way . It 's important to understand that many factors determine the rate , including where you live , how long you have been driving , your coverage , the vehicle , and your driving record . An experienced broker is your best resource since they can find the policy that costs the least and has the best coverage . You will save time and money . LIVE answer provided by : Ed Harris - Premier car insurance broker for 33 years , and owner of several top-rated websites that offer the lowest available rates to consumers . "}
{"input": "Where To Invest If Not Eligible For Roth IRA? ", "output": "The Roth IRA provides an ideal solution to many peoples retirement planning needs . Contributions are made with after tax dollars but taxation on the earnings is deferred and then forgiven upon reaching the age of 50 and a half . The plan must have been in effect for five years . These tax free dollars give the retiree tremendous leverage and flexibility . The Roth IRA is an essential part of many peoples plans . There are income restrictions that disqualify individuals and married couples filing jointly from establishing a retirement program using a Roth IRA . There is a phased out eligibility for Singles or heads of households earning between $ 60-70 ,000 annually or married couples filing jointly of $ 96,000-116 ,000 . and there are other restrictions . If a person is facing these restrictions and can not contribute to a Roth IRA there are several steps that can be taken . The first is to contact the plan administrator at their place of employment . It is a fairly simple matter to add a Roth option to existing 401 -LRB- k -RRB- and 403 -LRB- b -RRB- plans . These Roth 401 -LRB- k -RRB- and 403 -LRB- b -RRB- plans have all the benefit of a Roth IRA and the limits for participation are much higher making them ideal , particularly for highly compensated employees . The key is to determine if the persons future income tax rate will exceed the rate that is currently being charged . Many are surprised to find that when they stop paying on a mortgage and other deductible expenses that their income in retirement can be in a higher tax bracket than their current bracket . If there is not an option for a Roth 401 -LRB- k -RRB- or 403 -LRB- b -RRB- plan an alternative would be permanent life insurance . It is taxed in a similar way to the Roth IRA . The deposits are made with after tax dollars and the distribution can be free of income tax with some careful planning . The life insurance has the additional benefit of being self-completing should death interrupt the accumulation phase . Permanent life insurance comes in several styles which will match the investment options normally available to those who are interested in a Roth IRA . For the more conservative there is the totally guaranteed funding available in whole life insurance . The insurance company assumes all of the risk and steady growth is guaranteed . For the more adventuresome there are life policies in which the cash value is invested in a separate fund . This is normally administered by the insurance company but may have a better yield that the funds held in the companys general fund . There is another form where the detached cash value earns interest based upon one of several popular market indexes . These indexed universal life policies allow you to experience some of the gains of the market while often limiting the downside of the market . For those who want to experience the fluctuations and opportunities of the market there are variable life policies where the cash value is fully invested at the discretion of the policyholder . These policies have greater risk and potential rewards . "}
{"input": "When Do Immediate Annuity Payments Begin? ", "output": "Generally speaking the annuity payment starts within one year of making the deposit . Otherwise it is called a deferred annuity . Annuity payments come at regular intervals for the remainder of the annuitants life , unless he selects another option . This will provide a higher level of consumption and remove the risk of exhausting the capital . "}
{"input": "What Does Life Insurance Do? ", "output": "Life insurance pays a specified amount of benefits to an individual or individuals known as beneficiaries upon the death of a person , known as the insured . Typically , these benefits are used to pay final expenses of the deceased and any other unpaid bills -LRB- i.e. mortgage , auto loans , etc. -RRB- that they might have incurred during their life . There are different kinds of life insurance coverage . Some life insurance can be in force for a specified amount of time and then expire . Other kinds can build cash value , allow the policyowner to take out a loan against the policy or it can even become paid up and you 'll have it for the rest of your life and never have to make payments on it ever again . Premiums are the amount you 'll pay per month to have the coverage . This amount will vary based on the type of coverage you want , the amount of the benefit , the age of the insured , occupation , hobbies and so on . Term life coverage usually offers the lowest premuim . It provides coverage for a specified amount of time , usually 10 to 30 years and then it expires if the insured is still alive . If the insured does pass away during the coverage period , then benefits are paid to the beneficiary . Other coverages like whole life and universal insurance are generally more expensive , but depending on your long term goals , it may be a better option for you . "}
{"input": "What Does Life Insurance Do? ", "output": "In addition to what Daniel Graham posted , many newer Life Insurance policies offer living benefits as well as death benefits . Many policies have an Accelerated Death Benefit Rider . This will pay a percentage of the face amount if the insured contracts a terminal illness . This varies according to company . Some contracts also offer Long Term Care benefits and critical illness benefits . While Life Insurance was never meant to be an investment , it does create an immediate estate . If you put $ 100 into a money market for example , and you die the next day , your beneficiary would get $ 100 . If you pay a $ 100 premium on a new life policy with a face value of $ 100,000 and you die the next day , your beneficiary would get $ 100,000 . My point is that Life Insurance has a definite place in financial planning and with the living benefits many companies now offer , it is even more attractive . "}
{"input": "What Does Life Insurance Do? ", "output": "What life insurance does that no other financial product does is create a pool of money upon the death of the insured that does not involve a surrender or sale or expense that any other product or asset may . When there is a stated beneficiary life insurance also passes outside of probate which makes the benefit funds available within days of a death . Life insurance provides protection and security to families as it is the one thing that really can step in and help during a terrible time . It can provide temporary coverage for a momentary need . It can provide a life time of coverage and supplement retirement needs depending on what a person chooses to do with it . This will date me , but I call life insurance the `` silly putty '' of financial products because it can be stretched , twisted , pulled , transferred into just about any shape for any purpose , more than any other financial product out there . It is the Swiss army knife of financial products . "}
{"input": "What Does Life Insurance Do? ", "output": "What does life insurance do ? That is a great question . Auto insurance pays to repair your car , home insurance pays to repair your home , health insurance pays to repair your health . But life insurance does not pay to repair your life . Rather , life insurance pays when death occurs . It 's purpose is to `` repair '' some of the financial damage that is incurred upon the death of a loved one and/or provider . That is not all life insurance does - there are many reasons that people purchase life insurance . But it is the basic purpose . "}
{"input": "Where To Buy Short Term Disability Insurance? ", "output": "Most independent insurance agents and advisers have access to companies who sell disability , including short term disability insurance . But before you decide which disability insurance company to purchase , determine if your employers group benefit plan has short term disability insurance . Some of the companies to consider are Standard of Oregon , Mutual of Omaha , Mass Mutual , MetLife , etc. . "}
{"input": "What Is The Need For Health Insurance? ", "output": "The need for health insurance ? I will answer your question with original content that has never been posted elsewhere . You need health insurance to protect you if you suffer an illness , injury , or other medical condition that you can not pay out-of-pocket . Of course , hopefully , you will remain healthy and never have to use coverage ! "}
{"input": "What Is The Need For Health Insurance? ", "output": "That is an excellent question ! The purpose of health insurance is two fold - to protect you now , in case of something bad happening to you , and to provide for the opportunity for check ups and preventative procedures to reduce the risk of something bad happening in the future . If you are healthy now , the preventative stuff can help keep you that way , and since the Affordable Care Act -LRB- Obamacare -RRB- makes it possible for very cheap policies , it is well worth doing . Thanks for asking ! "}
{"input": "What Is The Need For Health Insurance? ", "output": "The idea of insurance is to protect yourself in the event of a catastrophic financial event by shifting the risk to a third party -LRB- the insurance company -RRB- . Therefore , your only financial responsibility is to pay for a monthly premium and any applicable deductibles , coinsurance , and copayments stated under your policy . In the case of health insurance , a common catastrophic event is a surgical procedure.For example , if you broke your leg and and the procedure to repair the fracture cost $ 100,000 , you would be responsible for the entire bill if you do n't have any health insurance and most people can not afford to write that check . After the procedure , you may need the aid of equipment to assist you -LRB- e.g. crutches -RRB- , some physical therapy , or medications - these expenses can add up fast too . Maternity care is a big one as well - the birth of a pre-mature baby can cost over $ 1,000,000 in expenses for his/her care and development . Maternity care is one of the essential health benefits covered under every individual health plan in marketplace . I recommend consulting with an insurance agent/broker regarding your health insurance coverage . If you 'd like some assistance , send me a message by clicking on the `` contact me '' button . "}
{"input": "What Is The Need For Health Insurance? ", "output": "The purpose of health insurance is to protect yourself financially in the event of a catastrophic event by shifting the risk to a third party -LRB- the insurance company -RRB- . This way you 're only paying a small amount of money and not stuck with a bill for 10s of thousands of dollars , if not 100s of thousands of dollars . Would you rather pay a small amount of the bill or take on the risk of paying the entire thing yourself ? For example , if you have a health insurance plan and broke your leg and needed to have a $ 100,000 surgical operation , you may only be responsible for a few thousand dollars of it -LRB- e.g. your deductible or coinsurance -RRB- , as opposed to being responsible for paying the entire bill yourself . How many people could afford to write a check for that amount without liquidating all of their assets ? Many health plans will provide additional benefits as well , such as coverage for preventive care , routine doctor visits , prescription drugs , etc. . I always recommend people consult with an experienced broker - we have an in-depth knowledge of a wide range of products available in the marketplace and can help you find the health plan that 's going to be most suitable to your needs and your budget . Please let me know if I can be of assistance . Thanks very much . "}
{"input": "Is Critical Illness Insurance The Same As Ppi? ", "output": "Critical Illness Insurance is not the same as PPI , or Payment Protection Insurance . Critical Illness Insurance pays a cash benefit to the person insured by the policy , when the insured person is diagnosed with a serious disease listed in the policy . The cash benefit can be used as the insured person wishes . PPI payments are triggered when the insured person is unable to work due to job loss . The inability to work may be due to illness or other reasons . The payments go to repay a lender who is carrying a mortgage or large loan for the insured person . "}
{"input": "Does The Medicare Levy Apply To Me? ", "output": "There are two , or possibly three , types of Medicare levy or surcharge that may apply . Medicare Part B will assess a surcharge on your Part B premium if your earnings exceed a threshold as determined by Congress . There is also a late enrollment penalty for Part B if you fail to sign up on a timely basis . A third kind of levy is on Part D if you do not sign up for D when you are first eligible . "}
{"input": "Can I Turn Down Medicare? ", "output": "Yes , you can turn down Medicare . However , with no premium for Medicare Part A , and in consideration of the valuable health care that it provides , one should give very careful consideration before turning down Part A. Part B is not needed if you are still working and receiving group health insurance , so it can be turned down and picked up later . Again , to turn it down permanently , first look hard at the benefit it provides , and the alternatives , before making that decision . "}
{"input": "What Percent Of The Us Population Has Health Insurance? ", "output": "That is a great question ! I read just yesterday that as a result of the Affordable Care Act -LRB- Obamacare -RRB- that the number of Americans without health insurance coverage is at the lowest that it has been in over 50 years . Almost 87 % of Americans now have coverage , and that number would be higher , but there are still 18 States that have not allowed the expanded Medicare provision in their State . There is a fierce battle in the Virginia Congress even as we speak over the inclusion of their 40,000 Seniors that would benefit from the passage of the Act there . I also read that despite the hype and hollering to the contrary , Medical and insurance prices have dropped significantly , and the number of people who have kept the insurance has been at or above the industry standard , averaging around 83 % . So I guess despite all the rhetoric , and hollering about it , most people have bought into its benefits . Thanks for asking ! "}
{"input": "Will My Health Insurance Cover A Motorcycle Accident? ", "output": "Your health insurance policy will cover a motorcycle accident , if it is a qualified Marketplace plan in your state . Typically , ER and other major medical expenses are part of the benefit package . A deductible and/or coinsurance may apply , depending on which tier of plans you chose . Physical damage to the motorcycle -LRB- collision and comprehensive -RRB- would only be provided on a separate policy . A federal subsidy may have been available to help you pay for coverage . Open Enrollment allows you to change plans and compare all available options . Answer provided by : Ed Harris - Premier Health Insurance Broker since 1980 and owner of several top-rated consumer websites that offer the lowest available rates . "}
{"input": "Will My Health Insurance Cover A Motorcycle Accident? ", "output": "Yes , assuming that we are talking about normal use of a motorcycle for transportation , in that case it is no different than if you are involved in an auto accident . Your health insurance carrier will want to coordinate with any benefits you may receive for an accident under your vehicle insurance and that come sometimes lead to some frustrating back and forth between insurance companies as they argue over who pays what and when . If , you are engaging in certain types of activities with your motorcycle , especially if they are moneymaking or high risk activities you may find those activities excluded from coverage . So , if you just know you can do the Evel Kenevil jump across the Grand Canyon on national TV you had better get a special insurance policy for that kind of activity . "}
{"input": "How Can I Find Out If I Am A Life Insurance Beneficiary? ", "output": "To find out if you are a life insurance beneficiary , the only way I know is to ask the person who owns the policy . Unfortunately , you will not be given that information by the life insurance company unless you are the owner of the policy , so even if you know the company , it probably will not do any good to call them . "}
{"input": "Is Life Insurance On A Mortgage PPI? ", "output": "It can be , but often times is not . It depends on the source insuring or offering the coverage . Some plans are a payment protection only , and will pay the payments due until the entire loan schedule has been repaid . Other plans simply pay the balance of the mortgage off when death occurs . "}
{"input": "Which Are The Best Health Insurance Providers? ", "output": "Unfortunately , as a 30 year veteran of the health insurance industry I have to tell you there is no objective measure or rating that the consumer can refer to in attempting to answer the question `` Which Are The Best Health Insurance Providers ? '' . The herd has been thinned out considerably amongst health insurance carriers over the last 20 years and so you have your big national players life AETNA , Assurant , CIGNA , Humana , United Healthcare , WellPoint , state based Blue Cross/BlueShield plans and then more regionally based carriers like Kaiser . To be blunt , insurance carriers have become more of a commodity -LRB- some might argue public utility -RRB- these days than they would ever want to admit to . They are all copying each other and often using the same health care providers in their networks . So , while it would be incorrect to say they are all identical , the quality of care and customer service levels from the consumer 's perspective are very similar from one health insurance carrier to the next . From the health care provider 's perspective some health insurance carriers have reputations for being more aggressive in negotiating discounts and being easy or complicated to get paid by than other health insurance company 's do . But , even this can vary from state to state and change over time as health insurance carriers continually adjust to the changing environment . "}
{"input": "Can You Have Life Insurance While On Medicaid? ", "output": "Absolutely , you can obtain life insurance while on medicaid . Medicaid is health insurance . Health and life insurance are mutually exclusive so having one does not prevent you from having the other . In fact , life insurance is often a very prudent and savvy addition to anyone 's financial and estate planning portfolio . "}
{"input": "Can You Have Life Insurance While On Medicaid? ", "output": "There are no government restrictions to owning a life insurance policy while you are on Medicaid . The main thing is to be sure your monthly premiums are affordable and in your budget . It does not make since to purchase a life insurance policy that in a few months or years you can not afford . This would be a huge waste of money . Good luck . "}
{"input": "Can You Have Life Insurance While On Medicaid? ", "output": "While on Medicaid you can have any amount of Term Life insurance that you wish . You are allowed a final expense life insurance policy that is designated for funeral , cemetery , and other final expense needs . You are also allowed to have Whole Life Insurance , but if the cash value is above $ 1,5000 to $ 2,000 for an individual -LRB- much higher for a couple -RRB- , you may need to make some adjustments . Contact your Department of Social Services in your state for more information . "}
{"input": "How Much Car Insurance Should I Carry In Pennsylvania? ", "output": "Pennsylvania state minimums for car insurance are 15k/30k for Bodily Injury , 5k for Property Damage and 5k for Medical Payment . All other coverage and limits are optional . However I highly recommend Uninsured -LRB- UM -RRB- and Underinsured Motorist -LRB- UIM -RRB- coverage . This protects You if the person who hits you does n't have insurance or enough insurance to cover Your damages . With that being said , the state minimums are very low and people who only carry the minimums often find themselves short changed when it comes time to submit a claim . I do n't think any of us can get any emergency medical treatment for $ 5k these days . The average auto owner in NEPA at least , carries 100/300 BI , 100 PD , 100/300 UM and UIM -LRB- unstacked if your insuring 1 car / stacked if 2 or more -RRB- , 10k Med pay , 250 comp , 500 coll , and most of the first party benefits along with towing and rental . It really is beneficial to speak to an agent about your personal needs so that an appropriate policy can be written to shield those needs ! Go to WEBSITELINK for more information and some free quotes ! "}
{"input": "How Much Car Insurance Should I Carry In Pennsylvania? ", "output": "Auto coverage depends on your personal financial situation . It is generally prudent to consider liability coverage that is at least $ 500,000 with a total $ 500,000 limit -LRB- a $ 1,000,000 limit would be more ideal -RRB- . Keep in mind that if you have assets in access of this amount , you risk those assets if you do not have coverage protecting the amount of those assets . Most auto insurers will cap coverage at $ 1,000,000 meaning you may need to look at an umbrella policy to further cover assets . "}
{"input": "Does Indexed Universal Life Insurance Work? ", "output": "Sometimes . The company controls the fees , the costs , the mortality charges . They send you a bill for it all . The cash value is used for this when the policies are funded at the correct level . The problem is when the agent shows you an illustration that has a higher than 6 % rate of return . Do n't fall for this trick . And remember there is the average return and then there is the actual returns . "}
{"input": "Does Indexed Universal Life Insurance Work? ", "output": "Yes , Indexed Universal Life Insurance works . If your goal is to build up cash value inside a life insurance policy that can offer financial flexibility later on , then it can work great . Universal life insurance accumulates cash inside the policy due to the success of a financial index such as the S&P 500 . Most companies give you choices of individual indexes or blends of several indexes and offer a `` floor '' of zero or 1 % . It is important to note that your money is NOT in the stock market . Interest is credited to your account if the referenced index goes up over a pre-selected length of time . Generally , insurance companies will put a cap on the amount of upside you can get because they are guaranteeing you no downside if the index goes down . Often , the caps can be 13 % - 17 % with blended index choices . Make sure you set reasonable expectations for what `` success '' is , though . Building significant cash value inside an indexed universal life insurance policy does n't happen over night . You should allow 10 to 15 years for accumulation for college education costs or a retirement income stream . And remember , even if you use the available cash build-up over the years , you still have the death benefit to pass on to your family upon your passing . As always , it is all about `` fit '' when it comes to financial products and Indexed Universal Life is no different . The design of the IUL is important and best left in the hands of an experienced , licensed financial professional . "}
{"input": "Does Indexed Universal Life Insurance Work? ", "output": "Your state insurance commissioner is charged with making sure the policies sold in his state work . The data upon which the policies are based is sufficient to predict that the company will be able to keep its promises . The theory is that the company will invest the cash value into investments that mirror the particular index selected . Since they rarely pay the full increase demonstrated by the index there is enough room to make sure that they can meet their obligations . "}
{"input": "Does Indexed Universal Life Insurance Work? ", "output": "That 's a great question ! The answer really kind of depends upon how much work you want to put into it to ensure it works . This kind of policy requires that you pay attention to its performance , and that you do your part in looking for a policy that has the best cap rate , highest participation rate , minimal surrender fees , and greatest guarantees . You will also need to be aware of your cash value , and the fees that are coming out of it . Can it work ? Yes , but this is not the type of policy that you can make minimum payments on and forget about , unless you 'd like to find out in a few years that it 's in trouble , and so are you.Especially if the market has been volatile , or taken a down turn . I hope that helps , thanks for asking ! "}
{"input": "How Long Will An Insurance Company Provide A Rental Car? ", "output": "That can vary depending on the terms and conditions of your policy , so be sure to discuss this with your Insurance Professional and before you need it , not after . In most cases , a policy will include coverage for a specific daily dollar amount , say $ 30.00 a day and up to a maximum dollar amount or number of days . Keep in mint that maximum is a policy maximum , not the guaranteed maximum for your loss . If you have that coverage , your claim professional will work with your repair shop in order to conclude how long you may need the rental car based upon parts availability and the shop 's work schedule . If the shop can get the work done and your car returned to you in 5 days that will be the length of time approved by your claims professional . If some un foreseen event changes that plan , your claims professional can modify the benefit payment schedule . But remember , once the work is done and your car is ready to be picked up , if you choose to hang onto the rental , the daily charges moving forward will be your responsibility . "}
{"input": "How Long Will An Insurance Company Provide A Rental Car? ", "output": "That is a great question ! The answer will depend upon your company , and the policy restrictions . It may cover for a specified number of days , it may cover until the repairs to your vehicle are completed . A couple of years ago my car was hit , and the driver at faults insurance covered my rental car . After a week , they notified me that they were no longer going to cover the rental car , and it would be my expense . My car was n't finished , and the insurance company had not been in a hurry to see it get finished . After discussing the situation with them , they agreed to pay until my car was completed . They were n't happy , but were liable . If you would like some details on that discussion , contact me , and I 'll share them with you . Thanks for asking ! "}
{"input": "How Many People Die Without Life Insurance? ", "output": "Sadly too many . I have seen statistics ranging from 40 % to 45 % that have no Life Insurance . Of those who do , roughly the same percentage probably do n't have enough to meet all of their family 's needs . In the type of economy in which we have been living , cost is a primary factor . Next time you are talking to your Insurance Professional , if you have Life Insurance , ask to review it and if you do n't , ask about setting up time for a discussion about how you can remedy that . Some companies offer discounts oncar and Home insurance policies for those who also have Life protection . The discounts could offset some of the premium making the purchase more affordable . "}
{"input": "How Many People Die Without Life Insurance? ", "output": "Unfortunately , far too many . According to a recent study , over half of Americans do not have life insurance , and of the roughly 45 % who do , most of those say they really need more . In this economy people are strapped to make ends meet , and either think that life insurance is `` just too expensive '' , or that `` I 'll just get it as soon as things get better , and I can afford it '' . Again unfortunately , neither of these are true . Please contact an agent and discuss with them your needs . I 'll be happy to help , just hit the `` contact me '' link ! "}
{"input": "Can The IRS Take Life Insurance Money? ", "output": "There is no income tax paid on life insurance benefits , in most cases . Life insurance does not go through probate if the beneficiary of the life insurance policy is a person . If the estate is large enough , estate taxes must be paid on life insurance . So in that respect , the IRS can take life insurance money , through applicable taxes . If you are asking if the IRS can take the proceeds of a life insurance policy if the insured person passes while owing back pay to the IRS , if the beneficiary is a person , the IRS can not take the life insurance money from the beneficiary . An exception would be if the beneficiary filed jointly with the insured , or if the beneficiary owed his/her own money to the IRS . "}
{"input": "Where To Buy Credit Life Insurance? ", "output": "Credit life offered by the financial institution is a life insurance policy that PAYS THEM in the event of your death . However it is not only more cost effective for you to purchase your own life insurance policy to cover that debt , but it PAYS YOU . While looking into covering that debt , other debts and considerations could be addressed to ensure your total financial needs are covered and you can live every day to the fullest with the peace of mind that your loved ones will be taken care of financially and live in their hearts forever . "}
{"input": "How Much Is Car Insurance For A Bugatti? ", "output": "There are many factors to determine rates , from your age your credit , the year make and model of the car . Also the risk area you are in along with what state . Your driving record also would make a difference along with they liability limits and deductibles.To get an accurateanswer this information would be needed "}
{"input": "How Much Does It Cost To Add A Car To Insurance? ", "output": "If you are considering adding a vehicle to your policy I recommend you contact your agent or insurance provider and obtain a quote . You can discuss different coverage options that will be available to you in order to give you an informed decision as to which coverage 's you wish to purchase for your new vehicle . "}
{"input": "How Much Does It Cost To Add A Car To Insurance? ", "output": "There is no set cost for adding a car to your existing auto insurance policy . Many factors come into play such as the value of the car , desired coverage limits , historical claims costs for the particular vehicle , historical claims frequency of the particular car , safety and anti-theft features . A quick call into your insurance professional , preferably with the 17-digit vehicle identification number , can get you the added cost in seconds . "}
{"input": "Is Medicare Popular? ", "output": "That is a great question ! If you are someone who will struggle with being able to afford quality healthcare when you turn 65 , then yes , it is very popular . If you are someone who believes that each person should be financially secure enough to be able to pay for themselves , and that `` I should n't have to help pay for anyone else 's care '' , then it probably is n't . The sad fact is that according to the 2012 census data nearly 55 % of all Senior Citizens live in poverty , and without Medicare/Medicaid , we would have an awful lot less Senior Citizens . It is available to all Americans once they reach the age of 65 , and that makes it very popular . Thanks for asking ! "}
{"input": "What Are Patent Annuities? ", "output": "Patent annuities are fees paid to the United States Patent and Trademark Office three times during 11.5 years , by owners of utility patents . By paying this maintenance fee through patent annuities , patent owners can block their patents from being copied , sold or manufactured by other parties , and from becoming intellectual property of the public . "}
{"input": "What Is The Best Health Insurance For A Single Female? ", "output": "Great question ! The answer can be found by asking yourself a few simple questions . The first is how healthy am I ? do I visit the Doctor only for the occasional check up , or do I have an issue that requires more frequent visits ? If you rarely need the doctor , then maybe a plan with a higher deductible , and co-pays is a cheaper and better plan . If you have more frequent needs , then look for a plan that has lower co-pays and deductibles . When the WEBSITELINK site becomes available for enrolment again , try there , and see if you qualify for help with your plan payments . If you need help , please feel free to contact me , okay ? Thanks for asking ! "}
{"input": "What Is The Best Health Insurance For A Single Female? ", "output": "The best kind of health insurance is the kind that is best for you . There 's a difference between the most comprehensive coverage and what is most suitable -LRB- or `` best '' -RRB- for you . Two questions that are helpful in pointing you in the right direction to find the plan type that 's best for you are : 1 -RRB- do you want the most comprehensive coverage you can get or are you willing to take on a larger share of the risk/costs to keep your premiums down ? 2 -RRB- what is your budget ? maximum dollar you 're willing to spend ? Under the new Affordable Care Act , there are four main benefit levels - bronze , silver , gold , and platinum . Platinum plans are going to provide the most comprehensive benefits , but will also feature the highest premiums . Not everyone will be able to afford a platinum plan , which is why bronze , silver , and gold are available as well . The idea being to reduce your premium , you take on a little more risk - meaning you 're willing to take on a higher deductible , higher coinsurance/copayment , etc. to keep your premiums down . You may also want to see if group coverage is available through your employer . Group coverage can provide many benefits as well , such as lower premiums -LRB- the employer contributes to a percentage of the premiums for each employees plan -RRB- - the trade-off to keep in mind is that for group plans , if you left the company or your employement was terminated , you lose the coverage . An individual plan will stay with you wherever you go . It 's always helpful to consult with an experienced broker regarding your coverage . We have in-depth knowledge of products from multiple carriers and work on a personal level with our clients and help them find the coverage that will best serve their needs . Let me know if you have any other questions . Thanks very much ! "}
{"input": "What Is The Best Health Insurance For A Single Female? ", "output": "Assuming you are talking about individual major medical insurance purchased after January 1 , 2014 , I think it comes down to some basic questions such as ; 1 -RRB- Do I qualify for a subsidy of my health insurance if I purchase it through the government health insurance marketplace ? The answer to this question may help you determine if you wish to purchase your coverage inside or outside of the government marketplace . In many areas of the country you will have more insurance carrier options outside of the government marketplace . 2 -RRB- Affordability - with or without a subsidy , what does your personal budget allow you to spend on health insurance premiums each month ? 3 -RRB- Plan Design & Cost Sharing - you will see a bewildering array of plan designs , many of which will look quite different from what you may have seen in the past . Terms such as Bronze , Silver , Gold & Platinum will need to mean something to you as they denote some basic levels of coverage and what you might anticipate in paying out of your pocket before your insurance benefits begin to pay . Bronze plans will offer the lowest monthly premiums but they will almost universally require you to pay a substantial deductible -LRB- perhaps $ 6000 + -RRB- before anything other than preventive care is covered . The trade off for a lower monthly premium can be more than offset by paying out of pocket for doctor 's services , inpatient & outpatient services and prescriptions . You will have to make some judgment call as to what you anticipate your health care consumptionwill be and how much up front financial exposure you are willing to take . If you are dealing with a chronic medical condition like diabetes you may be better served to pay a higher monthly premium for higher level plan designs that offer copays and lower deductibles . 4 -RRB- Provider Network - are the doctors , hospitals and pharmacies you want to use in the provider network for the insurance plan you may be interested in ? This is an especially sensitive area to women and one where you really need to do your homework . If you are purchasing coverage outside of the government health insurance marketplace you can be pretty confident that the providers the carrier says are in-network really are . There has been no small amount of confusion on this issue with some of the insurance plans offered in the government health insurance marketplaces . Also , you are more likely to encounter `` skinny '' networks in the government marketplaces than outside of them . The insurance products using skinny networks will generally be among the most attractively priced but the trade off is a significantly reduced provider network and possibly an environment more centered around Physician Assistants and/or Nurse Practitioners . 5 -RRB- Prescription Formulary - this kind of goes along with the points I was making above but it deserves special attention . You should not assume that every insurance carrier or even every insurance plan option offered by the same insurance carrier will cover the specific prescription medications you use . Every carrier uses prescription formularies -LRB- lists of approved drugs -RRB- and they can vary widely in what they cover , at what level they cover it , and possibly what steps you may have to go through before a specific medication would be approved for coverage . If you are using specific prescriptions you would be wise to verify their coverage status with a potential carrier before you enroll with them . 6 -RRB- Does Your Coverage Extend Beyond Your Local Area & Does it Require a Primary Care Physician Referral in Order to Visit a Specialist ? - some plan options may be restrictive as to the geographic boundaries of your coverage and may provide little or no coverage outside of their `` service ' area . If you are the stay at home type this may not be an issue for you but if you travel a lot is may be a serious factor in your decision . Also , you should not assume that you can just go directly to any specialist -LRB- even if they are in-network -RRB- without a referral from your Primary Care Physician -LRB- PCP -RRB- first . Some plans require a referral from a PCP to access specialty care . Without such a referral in these plans you may find your claim denied or treated as an out-of-network claim . You need to determine if the health plan you are considering uses such a gatekeeper approach and decide if this is acceptable to you . If you can do all these things then you will be well positioned to find a health insurance plan that best fits your needs . If you feel you are not equipped to find the answers to all these questions on your own then you should seek out an independent insurance broker to guide you through this process . "}
{"input": "What Is The Best Health Insurance For A Single Female? ", "output": "The best health insurance for a female depends on many factors , including health , income , where you live , and the types of available policies . Instead of adding another six paragraphs , I 'll make it simple - Use an experienced broker . You 'll save time , money and frustration . We do n't charge any fees and we simplify the process so you can easily compare the most affordable options . See . That was n't so difficult . As a broker with 33 years of experience , providing solutions is what we do best . "}
{"input": "Does Life Insurance Go To The Estate? ", "output": "Life insurance proceeds do not go to the estate unless the beneficiary chosen on the policy is the estate , or if the beneficiary is a minor and unable to legally receive the proceeds , or several other circumstances . Life insurance that is left to a person or trust will bypass probate and avoid income tax . However , the value of life insurance owned by the deceased , and left to anything but an irrevocable life insurance trust , is counted in the value of the estate for estate tax purposes . "}
{"input": "Can I Cash In A Life Insurance Policy? ", "output": "If the policy is a Whole Life or Universal Life that has cash value in it then the answer is yes , you can cash the policy in for the accrued surrender value . You can also take a loan on the policy which is a better option in most cases . Remember it is not always to your advantage to surrender a life policy . "}
{"input": "How Are Annuities Taxed On Death? ", "output": "Annuities in qualified plans are tax as ordinary income at the effective tax bracket rate of the plan participant and may be subject to estate taxes as well . Non-qualified tax deferred annuities are also taxed as ordinary income at the effective tax bracket rate of the annuity policy owner and may be subject to estate taxes . "}
{"input": "How Often Do You Pay Insurance For A Car? ", "output": "A typical auto insurance policy term is either six months or one year . Many carriers offer several payment options for their clients . Payment terms may include monthly , quarterly , semi-annually , or annually in many cases . Be aware that carriers will many times offer discounts if you pay your premium electronically -LRB- through automatic bank draft -RRB- or by paying for the full term of the policy upfront . Contact your local agent to find out about the payment terms available with your current carrier . "}
{"input": "Is Universal Life Insurance A Good Idea? ", "output": "Universal life , like any financial product should be proved suitable for the potential client . There are several reasons why universal life -LRB- UL -RRB- insurance could be right for you . To make sure , you need to create a financial profile that establishes your risk tolerance and confirms your economic goals . Universal life insurance has four policy types : guaranteed UL for indemnification and three current assumption ULs for income based on crediting options like interest rates , indices and separate subaccount using equities and bonds investments . "}
{"input": "Is Universal Life Insurance A Good Idea? ", "output": "Universal Life is an excellent option provided it is properly funded . Because of the nature of the products flexible premium feature , a Universal Life Policy can be sold at a premium not designed to keep the policy in force for the persons lifetime without having to increase the amount of money a person needs to put in to keep the policy in force . "}
{"input": "Is My Girlfriend Covered By My Car Insurance? ", "output": "If you have given your girlfriend permission to use your vehicle then your auto insurance would more than likely provide coverage in the event of an accident . Please remember every policy is different . 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": "When Will I Be Ready To Retire? ", "output": "Many consider an arbitrary age , such as 65 , as the time when they must retire . The better question is , when will I be ready to retire ? Planning towards that date makes better sense . Almost 40 % report that they started retirement at a date that they did not choose . This makes early planning very important . There is quantitative data that will be necessary to start this process . You should prepare a current financial statement so that you can identify your assets and your liabilities . A cash flow statement would show both your current income and spending habits . That would give you a good indication about your spending in retirement . It would also help you decide if your retirement objectives are realistic . You might be living on a modest income , but planning to retire in luxury . That might be difficult to accomplish . When you are looking at debt you need to identify those debts that will remain into your retirement . On the asset side you need to determine how much of those assets will be available once you retire . You probably have some assets that you dont think about such as cash value life insurance , the equity in your home , another home , or collections . Armed with this information you should seek professional help . If you are uncomfortable with that a visit to the local library will probably locate books that can help you evaluate things for yourself . If you do talk to a professional expect questions about your family , hobbies , organizations and other things that interest you . The next step , taken either alone or with a professional , is to identify and prioritize your retirement goals . It is often difficult to visualize what life will be like once you retire . You should , however , identify what activities you want to do when you retire . If you want to do wood working or golf or travel , these things have costs and need to be identified . Some activities that you enjoy today might be difficult when you retire . Many people want to leave a legacy . If you can establish now what you want to leave to charity or to your family that would be most helpful . If these can be funded early in the process it frees you to make decisions about your spending without worrying about conserving capital for a legacy . The three most pressing issues for most people are providing for a retirement that lasts longer than they anticipate , providing for their surviving spouse and the potential expense of long-term care . These concerns play an important role in your retirement plan and may even affect the date that you start retirement . Your cash flow statement should show what you are spending now . Those expenses will change somewhat and it is important to make those adjustments . Identify which expenses are absolutely necessary and which are discretionary . The way that you provide for basic expenses will be different from the way that you provide for your discretionary expenses . Remember that expenses are not going to remain constant over retirement . Inflation is a problem in retirement that results in increased expenses when the income is probably remaining the same . At the same time , with age comes reduced capability to engage in some activities and that might lower the cost of retirement . The next step is to identify the sources of retirement income . For most there will be social security . For a surprising number social security provides most or all of their retirement income . Perhaps you are fortunate and have a pension plan . Perhaps you have saved money for retirement in qualified or non-qualified plans . Armed with this information you can start to formulate a plan that will take you through retirement and help you meet your objectives . "}
{"input": "Does Aaa Have Disability Insurance? ", "output": "No , AAA does not have Disability Insurance . To find a quote for individual disability insurance , you can visit a disability insurance broker or locate a brokerage like that on the internet . Some Life and Health agencies carry a number of Disability insurance policies , as well . "}
{"input": "Approximately How Much Is Homeowners Insurance? ", "output": "If you have a small house in a low hazard area the premium is low . If you have a small house in a high hazard area the premium is high . If you have a mid size home in a low hazard area the premium is moderate . If you have a mid size home in a high hazard area the premium is higher then the small house . If you have a large house in a low hazard area the premium is high . If you have a large house in a high hazard area I hope you have a good income . Without details there is no way to guess at a rate for any home in any given area . "}
{"input": "Can You Borrow Against A 403 B Retirement Plan? ", "output": "403 -LRB- b -RRB- s allow borrowing , but the plan provider may not allow plan participants to access their retirement funds via loans . Those plans that permit borrowing may charge for the loan , require a loan repayment schedule and may restrict transfers to another qualified plan , if the loans are not paid off . "}
{"input": "Can You Cash In A Term Life Insurance Policy? ", "output": "You can not usually cash in a Term Life Insurance policy because Term Life does not have any cash value . The exception is ROP -LRB- Return of Premium -RRB- Term . About halfway through the term , it would give you back some of the premiums you paid in , if you were to drop the policy . If you are alive at the end of the term and the policy is still active , you can get back up to the total amount of premiums you paid in . "}
{"input": "Can You Cash In A Term Life Insurance Policy? ", "output": "Term policies are written for a specified amount of time in years like 10 , 15 , 25 , and 30 . These are terms in time . Unlike whole life policies they do not accumulate cash value . The younger the age of the applicant the better the lower will be the rates . Which will change at the end of each term . "}
{"input": "Can You Cash In A Term Life Insurance Policy? ", "output": "Horace Mann Life Insurance Company writes a cash value term -LRB- CVT -RRB- policy . Normal term policies do not build any cash value and the cost can become prohibitive if coverage is still needed after the policy term . The CVT policy allows you to receive the cash value if you no longer need the coverage . It can also be used to buy paid-up term insurance to 95 or continue coverage past the term with reduced rates . "}
{"input": "What does final expense mean in life insurance? ", "output": "Final expense is a common term that simply refers to life insurance people buy to cover their burial expenses and other small final debts . These are whole life insurance policies that are typically $ 25,000 or less in the policy 's face amount of coverage . There are no medical exams for them . The responses to the yes/no health questions , a prescription check , and a phone interview with the carrier -LRB- required by most companies , but not all -RRB- are the primary underwriting criteria that the carriers look at . If you 're someone who can not buy a final expense policy due to your health conditions , you always have the option to buy a guaranteed issue whole life policy - these are another type of final expense policies as they feature a maximum $ 25,000 face amount , except they feature a 2-yr graded period -LRB- if death occurs in the first 2 years of the policy , the carrier returns the premiums paid instead of paying out the death benefit , unless death occurs by accidental means -RRB- . The advantage with these are that they do not ask a single health question . In short , it 's pick and choose . Please feel free to contact me for help or if you have any other questions . Thanks very much . "}
{"input": "What does final expense mean in life insurance? ", "output": "`` Final Expense '' is that portion or niche that is designed for the lower end of the market , usually up to $ 25,000 with some carriers now going somewhat higher in death benefit . Be careful when making a purchase of this type that you have heard about all the choices that are available . In this market in particular , it 's buyer beware . "}
{"input": "What does final expense mean in life insurance? ", "output": "That is a great question ! It is just another name for life insurance , one designed to create a concern over your mortality . In earlier years , -LRB- and in some areas still is -RRB- it was marketed as burial insurance , when pitched to lower income families who needed help with the funeral expenses of their loved ones . There is n't a whole lot of glamour or flash when it comes to insurance , so if there is a way to grab your attention and get you to buy , believe me someone will try it . It is a solid insurance ; typically more forgiving on health issues , and generally for amounts that are enough to cover funeral expenses , often with a little left over . Hope that helps , thanks for asking ! "}
{"input": "What does final expense mean in life insurance? ", "output": "Final Expense is , as you might expect , to take care of someone 's final expenses . Their funeral , and related matters . These are the smaller life insurance policies , with the lowest rates , and frequently guaranteed issuance , regardless of health . Every family should at least have one of these , so the survivors are not left to struggle with those `` final expenses '' . Thank you . GARY LANE . "}
{"input": "What does final expense mean in life insurance? ", "output": "Final expense life insurance is a policy that can be used to pay off bills at the end of one 's life . Because life insurance does not have to go through probate , the beneficiary will receive a check fairly quickly . It can be used to pay the funeral , cemetery costs , credit card debt , cost of putting a house on the market , garage sale or auction , even transportation for out of state family members to return home . "}
{"input": "What Are The Pros And Cons Of Variable Life Insurance? ", "output": "Very simply , Variable products are tied to the stock market and thus are exposed to risk . Just as is the case when a person invests in the stock market or any other vehicles tied to the market there is the chance that there may be gains , and there is the possibility that there will be losses . The biggest `` pro '' is that the death benefit is guaranteed and will not be lost no matter how poorly the market performs . "}
{"input": "What Are The Pros And Cons Of Variable Life Insurance? ", "output": "Risk and Return possibilities . Or visa versa . What I will do is list my thoughts on Variable life and you can decide if it 's a pro or a con to having a VUL . Requires consistent steady review by insured . Requires rebalancing over time . Requires the insured to make investment choices and live with the results . Requires the insured to have financial knowledge about mutual funds . Requires the insured to have an understanding of financial risk . So depending about how you feel about the requirements as they can be either pro or con , depending on the individual , should determine how you feel about a VUL as a choice . While it is easy to reference `` potential for greater returns '' that does n't say anything about how to get greater returns , those requirements listed put you on track for greater returns , but that said , it does n't guarantee greater returns . "}
{"input": "Can I Add My Fiance To My Health Insurance In Georgia? ", "output": "Georgia law does not require health insurance companies to allow someone to join an insurance policy just because they intend to get married . However , your finance can purchase a policy on his or her own , and you could help pay the premiums if you would like . Ultimately , in the vast majority of cases , the cost of her coverage would the same whether she was added to your policy or if you purchased the exact same plan for her individually . In that regard , there really would not be any advantage at all to adding your finance to your current policy . "}
{"input": "Can Auto Insurance Be A Tax Deduction? ", "output": "Insurance for a car that is driven for personal reasons can not be deducted . If the car is used for business purposes a portion of the premium can be deducted . It is possible that other situations exist such as a car used for charitable purposes but in general , the premium is not deductible . "}
{"input": "What Is Disability Insurance Benefits? ", "output": "Disability Insurance benefits can be paid through a group Disability Insurance policy , through a State Disability Insurance policy , through a private Disability Insurance policy , or through Social Security Disability . The benefits are the payment that you get if you are disabled longer than the elimination period of your policy . The benefits are paid regularly , as you would be paid a paycheck , if you were still working . "}
{"input": "Can Old People Get Life Insurance? ", "output": "Yes , elderly people can get life insurance . If they have moderately good health , it is possible to purchase life insurance up to age 90 . For a small , final expense policy that does not require an exam , the oldest age at which that type of policy is offered -LRB- to my knowledge -RRB- is age 85 . "}
{"input": "Will Medicare Pay For Motorized Wheelchair? ", "output": "Medicare will pay for a motorized wheelchair if the wheelchair is medically necessary , as determined by a face to face evaluation . The person using the motorized chair must be able to use it safely , must be unable to do one or more ADL 's without it , and their home must accommodate it . Finally , Medicare will pay for the motorized wheelchair only if less costly devices will not work to accomplish that need . "}
{"input": "Does GINA Apply To Life Insurance? ", "output": "GINA only covers Health Insurance , not Life Insurance . So if you have undergone genetic testing and it is in your Medical Records , then the Life Insurance Company is legally able to take that into consideration when underwriting your policy . However , Life Insurance Companies each treat a certain conditions differently . So one company might not think something is a big deal while another might . "}
{"input": "How Much Long Term Care Insurance Should You Buy? ", "output": "The # 1 risk to retirement is longevity risk . That risk impacts retirement income and can increase the probability of using long term care for assisted living and/or nursing home confinement . An average 60 year old male non smoker may pay $ 300 a month for $ 7,000 a month for five years . "}
{"input": "Can Everyone Get Health Insurance? ", "output": "Can everyone get health insurance ? Well , soon we will find out in 2014 . The quesiton will be can we afford it ? Prior to Obamacare , health insurance was the domain of states to set the rules for insurance . Some states have very good consumer oriented insurance laws and others really do n't . I live in a state where anybody who wants health insurance can get it , granted you still have to pay for it , but you can get coverage . My state actually adopted the Clinton Plan and fixed it to where it works and works well . Obamacare will have a lesser impact in my state than others , because we already were doing many of the things in Obamacare . "}
{"input": "Can I Put My Car Insurance In Someone Else's Name? ", "output": "Generally speaking , if you own your car and it is registered to you in your home staate , then the answer is probably no , you can not . Most states require proof of liability insurance in order to register a car and the name onthe policy needs to match the registration records for that car . "}
{"input": "Can I Put My Car Insurance In Someone Else's Name? ", "output": "With Property and Casualty Insurance an insurable interest must exist at the time of loss . Therefore if you have a car insured in someones name that does not own the car , therefore no insurable interest , the insurance company will most likely not pay the claim . Also , it would be difficult to even buy the insurance in the first place as most carriers pull what is called a C.L.U.E. report and would see that the owner is different then the named insured . Bottom line it is not the right thing to do and could cause you a lot of issues , even if you got away with it at first . "}
{"input": "What Is Coverage A In Home Insurance? ", "output": "`` Coverage A '' in a Homeowners ' policy refers tocoverage on your Dwelling , in other words , the house itself.Typically , you will find this defined and explained in Section 1of your Homeowners `` Policy Jacket '' which is the detailed document that , along with your policy `` Declaration '' comprise the primary parts of your Homeowners ' policy . "}
{"input": "How Will The Government Know If I Have Health Insurance? ", "output": "You must have health insurance starting 1/1/2014 . When you buyit , the carrier will reportyour purchaseto the federal government . If you do n't buy , then nothing will be reported which means you do n't have it . If you 're eligible for a subsidy , your application goes from the carrier to the IRS , HHS -LRB- Health & Human Services -RRB- and the Department of Homeland Security . The IRS is hiring16 ,500 new agents as a result of the Affordable Care Act . Bottom line - they 'll know . "}
{"input": "How Do I Drop Part B Medicare? ", "output": "If you were enrolled in Medicare Part A and B automatically when you turned age 65 , there will be a card in your packet that you can send back as instructed on the card . This will disenroll your from Part B Medicare . If you signed up for Medicare through Social Security , or if you have had part B for some time and now want to drop it , contact Social Security to drop Medicare Part B . "}
{"input": "Is Cialis Covered By Medicare Part D? ", "output": "Cialis is not covered by Medicare Part D prescription drug coverage . All ED drugs -LRB- Levitra , Cialis , Viagra , etc -RRB- are excluded from Medicare drug formularies . Some organizations and companies offer drug discount cards that can be used to help cut the costs of purchasing erectile dysfunction drugs such as Cialis . "}
{"input": "How Much Is Homeowners Insurance For An Apartment? ", "output": "That is an excellent question ! My advice for you is to find an independent agent -LRB- one who is n't tied to a particular brand -RRB- an have them look at several policies for you . They can look for one that gets you the coverage and price that you want . Saves you the footwork ! Thanks for asking ! "}
{"input": "How Much Is Homeowners Insurance For An Apartment? ", "output": "There is a special homeowners form for renters . Since the building itself isnt yours , you only need property coverage on your personal property . As a result the premium is modest . Discuss this with your insurance agent . The agent will listen to you , provide sound financial advice and communicate clearly with you and with the insurance company . His job is to help you select appropriate limits and that is the key to settling a claim should one happen . "}
{"input": "Why Bother With Life Insurance? ", "output": "Everyone will always have a need for some amount of life insurance for some length of time . There really is n't any type of person that does n't need life insurance . Many people never think about all the uses for it or the needs that should actually have covered that are n't . Commonly , you 'll likely have a mortgage for a house , loans for cars , credit card debt , medical bills , burial expenses , etc. , that you would like to have paid off in the event of your death so your family does n't suffer financially due to the lost income . Another common use is income replacement -LRB- this is a common one that most people do n't think about -RRB- so your family can maintain their current lifestyle rather than having to make dramatic changes.Many people may buy a life insurance policy for estate planning purposes so they can transfer assets at the lowest possible cost.In short , regardless of where you are in life , you will always have a need for some form of coverage . I hope the input helps - please feel free to contact me with any other questions . Thanks very much . "}
{"input": "Why Bother With Life Insurance? ", "output": "I am not sure life insurance is a bother . You should purchase life insurance if you have a loved one in your life that depends on your income , would be saddled with your debt or would be responsible for your final expenses , i.e. funeral if you died today . If these statements are not true , then do n't bother with life insurance on a personal level . However , if you are in a business partnership or key to a business success then perhaps you need life insurance known as buy/sell insurance or key man insurance . This is if the business would suffer without you or your partner or a key employee . If these aspects do n't exist , then perhaps you should not bother with life insurance at all . "}
{"input": "Why Bother With Life Insurance? ", "output": "You dont have to bother if you dont have to . At least in this country for the time being , life insurance is not something that the government forces us to buy . And I hope the day never comes , because it would really mess up the life insurance marketplace . So the purchase of life insurance is voluntary . Who , then , should buy it ? If you are a billionaire , should you buy life insurance ? Sure you should . Lets suppose your estate would owe the government $ 100 million in taxes when you die . To pay this fee , your heirs might have to liquidate a bunch of businesses and buildings and other assets . They would then pay the bill dollar for dollar . Or , you could buy life insurance and pay the bill for pennies on the dollar . And keep all your assets intact as an inheritance for your heirs . Not only that : lets suppose you started a foundation to eliminate world hunger or some other noble cause . Lets suppose you wanted to leave the charity $ 100 million as a gift when you died . If you bought a life insurance policy and left that to the charity , you would only have to pay a few cents in premium for every dollar a benefit . You would have that much more money left over for other good causes . A very good use of your money . Now , lets suppose youre not a billionaire . Should you buy life insurance ? Heres the question : do you have a more economical way to take care of your family ? They have become dependent upon you . Why force them to reduce their standard of living when you die ? You could start putting money away into a fund . But what happens if you tragically died next year ? Would you have really accumulated enough money to let them live their lives ? Life insurance would provide them with all the money they need as soon as it is needed . No other financial product comes to the rescue like that . Why not die looking like a hero , as someone who cared and took measures to provide for his love ones ? "}
{"input": "Why Bother With Life Insurance? ", "output": "Gee whiz . If you have no family , no friends , no religious affiliation , no one you really care about and no one you would like to help , and no one you can trust to bury you , then you probably do not need to bother with life insurance . Otherwise , if you have at least one of the above , there is your reason to have life insurance . Thank you . GARY LANE . "}
{"input": "Why Bother With Life Insurance? ", "output": "If you bring home a paycheck to someone besides yourself , someone would be impacted by your death . Life insurance helps them have some time to get back on their feet , and not have to further intensify their pain with financial worries . If you are single , someone will need to take care of your final arrangements and settle your estate . Life insurance provides quick money so that no one has to pay out of pocket at a sorrowful and stressful time . "}
{"input": "Will Renters Insurance Cover Broken Window? ", "output": "Depends on the reason for the broken window.Typical renters policies will cover vandalism or a rock thrown from your lawnmower . If the broken window is on someone else `` s property then there maybe an issue with coverage . The situation becomes , how expensive is the window compared to your deductible ? The lowest deductibles are usually $ 250 - $ 500 and unless you broke a good size window , it will be cheaper to pay out of pocket . "}
{"input": "How Much Voluntary Life Insurance? ", "output": "If you 're asking how much payroll-deducted life insurance should you purchase above your free group term , there are a few considerations to think about . First , be sure you understand what happens to the coverage if you leave your employer . Most of these plans are not portable , and they terminate when you leave the company . For that reason , I would not look to these plans as a replacement for personally owned life insurance outside of your employer . The other issue is that contrary to conventional wisdom , payroll deducted life insurance may not be lower in cost than buying outside of work . Many of these companies who issue the coverage use a less stringent underwriting process , which may be a good thing if you are not insurable at the best rate classes . However , if you are in very good health , you will likely pay less for individual coverage than through payroll deduction . There 's also the term conversion benefit on personally owned coverage that you may not have on the voluntary policy . "}
{"input": "Is There A Penalty For Switching Auto Insurance? ", "output": "There is no penalty I 'm aware of for `` switching '' insurers but there are often penalties for terminating an insurance policy prior to its expiration date . The `` penalty '' is often 5-10 % of the unearned premium . The unearned premium is the amount the insurance company would have charged you for the coverage from the date you are cancelling to the date coverage would have normally expired . If you are `` switching '' insurers to achieve a significant premium savings or better coverage , the `` penalty '' should not be a major reason for delaying that decision . "}
{"input": "How Much Does Car Insurance Go Up After A Wreck? ", "output": "That is going to depend on your carrier and other factors , such as your past claims history . Every carrier sets their own standards on how an accident will affect the rates of a client . Depending on the dollar amount and types of claims that come of the accident your auto insurance rate may not change . "}
{"input": "How Good Is Federal Long Term Care Insurance? ", "output": "Federal long term care insurance is popular , fairly affordable and provides very competitive benefits compared to private market plans . The provided link : WEBSITELINK will give you specific rates , detailed information and information on how to apply for coverage if you meet eligibility requirements . Good luck ! "}
{"input": "How Long Does It Take For A Life Insurance Claim To Be Paid? ", "output": "If the life insurance policy has been if force over two years , then on presentation of the claim form and proof of death the claim will be paid promptly . If the policy is under two years , it is within the contestability period to ensure all is in order . The cause of death will be examined and it could take a little longer to receive the claim . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "How Long Does It Take For A Life Insurance Claim To Be Paid? ", "output": "When an insured dies , the beneficiary making the claim on the policy will need to send in a completed claim form and a copy of the death certificate -LRB- some carriers may have an additional form - varies by carrier -RRB- . Once these items are received by the carrier , they will pay out the claim to the beneficiary . Typically the process can be completed within 2-3 weeks . 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": "How Long Does It Take For A Life Insurance Claim To Be Paid? ", "output": "Typically , a life insurance claim is paid within a few short weeks if everything is in order . The beneficiary needs to contact the insurance company for a death claim form which is a short one or two page form and have a certified copy of the death certificate . It should be worked as soon as it is received by the carrier and funds released . The only hold ups would be a contestable death within first two years of the policy effective dateif the death was an apparent suicide which is excluded for two years . "}
{"input": "How Long Does It Take For A Life Insurance Claim To Be Paid? ", "output": "How long it takes a life insurance claim to be settled depends on the insurance company . Generally once the insurance company is informed of the death of the insured it will initiate the claim and ask you to provide a copy of the death certificate . Once the death certificate is received by the insurance company it should n't take more than two weeks to issue the benefit check . But again , that depends on the insurance company . "}
{"input": "How Much Does Health Insurance For One Person Cost? ", "output": "It varies from person to person . Your age , where you live , if you use tobacco products , and if you qualify for a subsidy to reduce your premium will determine how much a good policy is going to cost . Under the Affordable Care Act , you have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age is a big factor as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . All of the plans offer good coverage . A silver or gold plan are your middle of the road type of plans because they provide strong coverage at an affordable price . I always recommend consulting with an experienced health insurance broker before you apply for anything . We can help you determine the plan that 's going to be most suitable for your needs and budget . 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": "Can I Get SR22 Insurance Without A Car? ", "output": "Keep in mind that an SR22 really is n't insurance at all . It is a state filing that attaches onto auto insurance . For people who do not own vehicles , the SR22 can be attached to either a named operators policy -LRB- aka non-owners policy -RRB- or a broad form named driver auto insurance policy . "}
{"input": "Can I Get SR22 Insurance Without A Car? ", "output": "Yes , you can purchase a non-owned auto policy with a SR-22 . The non-owned auto policy typically provides liability , uninsured and under-insured motorist coverage . This type of coverage is typically more costly than the same coverage for someone that does own a vehicle . Contact a local agent to find out about availability and pricing within your area . "}
{"input": "How Can I Compare Annuities? ", "output": "It is best to find an independent agent who specializes in annuities . They can help you sort through the hundreds of annuity products out there , and show you a comparison of products well suited for your situation . It is important to use an independent agent who will show you multiple companies . If you go to a specific insurance company , all they will show you are annuities from their company . An independent agent can show you annuities from all of the companies out there . As a consumer , be sure to try your best to have a set of defined goals you can go over with the agent . This will help them find suitable products to show you . You can also do your own homework on the internet . There are many different sites out there that will show annuity comparisons . But as I eluded to before , it is easy to get bogged down in all the info for hundreds of annuities . Some sites try to help by showing what they consider `` consumer friendly '' annuities , such as WEBSITELINK "}
{"input": "How Much Should I Pay For Disability Insurance? ", "output": "The average cost of disability insurance is between 1 and 3 % of one 's annual salary . Women pay a little more because they have more frequent and longer claims , on average . If a supplemental policy to boost the income replaced by a group policy , the average cost is 1 % of one 's annual salary . "}
{"input": "How Can I Tell If My Auto Insurance Agent Is Ethical? ", "output": "First you trust but verify . Check to make certain the terms and conditions that he is explaining to you match up with the terms and conditions in writing on your policy . Just like with any type of insurance , speak to more than one agent and go with the one that communicates well with you . "}
{"input": "Does Renters Insurance Cover Broken Pipes? ", "output": "A renter 's policy could cover damage to other people 's property -LRB- i.e. a floor below you -RRB- should a pipe burst . Otherwise , no coverage is afforded for the residence or `` dwelling '' . Personal Property would be covered for Water Damage if you have a named peril policy that covers water damage "}
{"input": "Does Renters Insurance Cover Broken Pipes? ", "output": "A renters policy does not provide coverage for the residence . It only provides for personal property that is damaged . If the broken pipes are the result of property damage on the part of the renter , then there would be liability coverage available . "}
{"input": "Is It Smart To Buy Long Term Care Insurance? ", "output": "It is usually smart to buy Long Term Care Insurance if you have assets to protect and can afford the premium for Long Term Care Insurance . It is not smart to buy Long Term Care Insurance if paying the premium would be an extreme hardship , and if you have so few assets that Medicaid would pay your long term care expenses within a very short time . "}
{"input": "Does Bank Owned Life Insurance Really Work? ", "output": "Bank-owned life insurance `` works '' in the sense it is typically reputable and the underwriting carrier is fairly highly-rated . However , often , the beneficiary is not your spouse or other family member but rather the bank itself . Also , plans may be limited and the premium you pay might be higher -LRB- perhaps significantly -RRB- than other available options . Always shop around for life insurance , especially term coverage . "}
{"input": "Does Bank Owned Life Insurance Really Work? ", "output": "Bank owned life insurance -LRB- BOLI -RRB- allows banks to obtain better after tax return on assets than tier 1 capital . The bank is owner and beneficiary of the life insurance , not bank executives . Regulations have tightened in recent years and banks must have a legitimate reason to own life insurance on the lives of highly compensated executives of the bank . BOLI is usually set up to informally fund nonqualified benefit plans for selected executives . The executive is an insured in these policies but has no ownership interest . The executive 's family not a beneficiary of the policy though the nonqualified benefit agreements may have death benefit provisions which are income taxable to them unlike a life insurance policy death benefit . Though not BOLI , split dollar arrangements have reemerged which can overcome most BOLI shortcomings and allow both the bank and the executive to directly participate in and benefit from a life insurance contract . "}
{"input": "What Is Business Owned Life Insurance? ", "output": "Business owned life insurance is insurance owned by the business usually on the lives of shareholders or key employees . Business life insurance can be used for a variety of purposes , including the funding of a buy-sell agreement , key person protection , covering a loan and more . Cash value life insurance is often used as part of an executive compensation plan to supplement retirement . In Canada , the death benefit is received by the company tax free , a portion of which can be paid out as a tax free capital dividend to shareholders -LRB- a simple explanation of a complex issue -RRB- . This provides some estate planning opportunities . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "What Is Business Owned Life Insurance? ", "output": "A business is an entity . The business has insurable interests in specific employees . It can , with the cooperation of the employee , purchase life insurance on any employee . If the loss of a certain employee will have a negative effect on the company , they may buy insurance on that employees life . Banks will loan money to businesses but require personal guarantees . In these cases the company buys life insurance to cover the loan so that the banks interests will be satisfied immediately . There are many other instances where a company will buy insurance on an employee . "}
{"input": "What Is Business Owned Life Insurance? ", "output": "That is an excellent question ! There are times when an employee is so important to a business that if they would pass , the business would suffer , and possibly fail . To help guard against that , there are policies that the business can purchase to provide in the event of that employees death . For example , two people own a business . One passes , and the policy provides enough money for the remaining partner to buy the deceased partners share of the business . Or a company insures its best technician , because should they pass , the company would have a loss when they have to hire and train a replacement . The tech and his family see none of the money , it stays with the company . I hope that helps . Thanks for asking ! "}
{"input": "Can You Have Medicaid And Medicare? ", "output": "Yes . Eligibility rules for Medicaid is going to vary by state . Medicaid can help pay for services and costs that Medicare does n't cover . When you have both programs , Medicare pays first and Medicaid will pay second.If you qualify for Medicaid in your state , you automatically qualify for extra help paying for your Medicare Part D prescription drug coverage . "}
{"input": "Does Auto Insurance Cover The Car Or The Driver? ", "output": "When it comes to auto insurance and you are driving another vehicle that is not your 's your insurance will be primary for the liability coverage and then the liability insurance for the person that owns the vehicle would be secondary . Comprehensive and collision coverages typically are only for the vehicle that they are registered to . As always read your policy completely to know what is covered and what exclusions the policy may have or call your local agent and have them go over the coverages and exclusions with you . "}
{"input": "Does Auto Insurance Cover The Car Or The Driver? ", "output": "Great Question . Usally and you should always check with your current insurance compay . Insurance follows the car not the driver . So if you borrow my car with my permission and you get an a car accident my auto insurance should cover the accident . So please check with your current insurance compay for more detail . "}
{"input": "What Is Oxford Health Insurance? ", "output": "Oxford Health Insurance is a large reputable insurer and is part of UnitedHealthcare . It offers coverage primarily in New York , New Jersey and Connecticut . Their rats are typically very competitive and they have a wide range of products for individuals and families . A licensed broker can review and shop their plans for you . "}
{"input": "How Much Does Life Insurance Cost In Arkansas? ", "output": "The cost of life insurance in Arkansas varies greatly according to the insured person 's age , tobacco use , health conditions , build , and other risk factors . The type of policy purchased also makes a big impact on premiums . The cost of a 10 year Term policy can be as low as 1/10 of what a Whole Life policy costs . However , the premium goes up every 10 years , whereas the cost for Whole Life stays the same for the rest of your life . You can visit or call a website that offers life insurance in Arkansas to find the cost of life insurance for you , or visit a local agency . They will help you find the policy at the lowest cost and with the features you desire . "}
{"input": "How Long Will Medicare Pay For Hospice? ", "output": "Medicare should pay for hospice all the way through except for a deductible and coinsurance if you do n't have a Medicare Supplement Plan . After 90 days you would need to use lifetime reserve days or pay all the costs . To qualify for hospice care , a hospice doctor and your doctor must certify that your terminally ill and expected to live 6 months or less . Hospice care is typically at home unless it is determined that it must be medically managed in a facility . The hospice coordinator should be able to give you much more detail . "}
{"input": "Does Renters Insurance Cover My Bicycle? ", "output": "Renters insurance is designed to cover sudden and accidental losses and will cover your personal property `` any where in the world '' . If your belongings are stolen or damaged away from your residence most policies cover up to 10 % . For example , if you have a Renters policy with the following limits : Personal Property = $ 20,000 Liability = $ 300,000 Medical = $ 1,000 Deductible = $ 500 If your bike is stolen away from your apartment you would have coverage up to 10 % or $ 2,000 . Keep in mind your deductible . In the example above you would receive a check for $ 700 - $ 500 = $ 200 . "}
{"input": "Does Renters Insurance Cover My Bicycle? ", "output": "A bicycle is personal property so as long as you purchased personal property coverage as part of your renters insurance policy there would be coverage in the event of a theft or destroyed in a fire or other covered peril . There is no coverage if you damage -LRB- wreck -RRB- the bike . Also keep in mind your renters insurance deductible will apply . Talk to your local agent forfurtherdetails . "}
{"input": "Who Should Get Variable Annuities? ", "output": "Product suitability is based on the clients personal profile , risk tolerance and economic goals . A variable annuity insurance product is a security and as such has the potential to lose money in the actual cash value account . Variable annuities are generally considered long term hold positions purchase ultimately for income . Non-qualified variable annuities accumulate tax deferred with distributions taxed on gain and basis free . "}
{"input": "Can A Wife Take Out Life Insurance On Her Husband? ", "output": "Yes , a wife can take out life insurance coverage for her husband as there is an insurable interest . However , the wife can not take out life insurance coverage without the husbands knowledge and consent . The husband must sign the application and submit his personal and medical information to the insurance company 's underwriting department . "}
{"input": "Can A Wife Take Out Life Insurance On Her Husband? ", "output": "A wife can and often does take out life insurance on her husband . And a husband often takes out coverage on his wife . Parents also purchase life insurance on their children . And business owners will often purchase plans on other key employees in the business or their partners in the business . "}
{"input": "Can A Wife Take Out Life Insurance On Her Husband? ", "output": "It 's a good idea for a wife to take out life insurance on her husband . Make sure you have an open conversation with your spouse and express your concern and come together on what you want the life insurance to do . Nothing can replace the loose of a spouse but having a game plan of how life insurance can easy the financial transition , maybe cover the mortgage payment , utilities , car payment or provide you a steady source of replacement income giving you time to grieving before you have to tackle the process of readjusting you life now that your spouse is gone . Know matter what your age is , it 's always a good idea to see if life insurance on a spouse fits your needs . "}
{"input": "Is Homeowners Insurance Paid In Advance? ", "output": "The principle of insurance is that premiums are paid before coverage begins and claims are paid when it ends . Of course , it doesnt always work exactly like that but homeowners policies are always prepaid . If this is the first policy you are buying on a home you have just purchased the title company will take the initial premium out of the closing unless you can show proof that it is has already been paid . "}
{"input": "Is Homeowners Insurance Paid In Advance? ", "output": "Homeowners Insurance is in fact paid in advance ; this is not specific to home insurance ; insurance is a prepaid service of security . However , depending on the insurance carrier , you will most probably be offered multiple payment plans spanning from Annual to Monthly payments . There are few carriers that specifically offer a ` Paid In Full ' discount for those that prepay the annual premium ; if you bump into one of these plans only with select carriers , it would be well worth going with that plan even if the policy premium is slightly greater . You may review options at : WEBSITELINK "}
{"input": "What Is An Incident Of Ownership Of Life Insurance? ", "output": "An incident of ownership of life insurance is the right of the person holding that title to : Change the beneficiary of the policy Transfer the ownership of the policy Borrow from the policy Use the collateral of the policy for a loan Modify the policy Terminate the policy When someone has an incident of ownership in life insurance , the proceeds from the policy can be counted as part of the estate . Some people transfer ownership of their life insurance policies to an Irrevocable Life Insurance Trust to avoid estate taxes . "}
{"input": "Why Is Whole Life Insurance Better Than Term? ", "output": "Whole life is not necessarily better than term insurance , but it can be . Whole life provides coverage , as the name suggests , for the whole of your life , it does not expire like most term policies . Whole life policies usually have cash values which grow in a tax advantaged way . In addition , whole life can provide additional financial and retirement planning opportunities . With term insurance you pay for the coverage and in most cases that is what you get - life insurance at a specified price for a specified term . If you need coverage for the long term , then whole life could be better . If you need coverage for the short term , then term insurance could be better . Another product to consider is Universal Life which could be better . What policy is right for you depends on your individual situation . An independent insurance broker can help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Why Is Whole Life Insurance Better Than Term? ", "output": "Better depends on available funds . Something is better than nothing . If you can not presently afford whole life , then getting term insurance is the smart thing . Getting whole life and not being able to afford it , may result in not paying the premium and being left with NO insurance . A reputable insurance agent will only sell you what you need AND can afford . Whole life never changes its premium , unlike term which will escalate at the end of the stated number of years . Also whole life builds up cash value . That value can be borrowed against , and not repaid , kept tax free , although it will lower the death benefit if not repaid . Whole life can eventually pay its own premium , from the cash value being built up . But be sure you can afford whole life at the beginning . Do not ever leave yourself with no insurance . Thank you . GARY LANE . "}
{"input": "Why Is Whole Life Insurance Better Than Term? ", "output": "That is an excellent question . You should be aware that there are times when a term policy makes more sense to have , but there are two points that make a whole life policy better than a term . The first is that a term policy ends . After that happens , you have to renew , or get another policy . If your health declined during the policies life , that may make it difficult to get another policy . In any event , your increased age will cause the new policy to be more expensive . A whole life policy ends when you do . your health can decline , and it has no effect on your locked in payment . The second is that term policies have no value , other than what the face amount is should you pass . A whole life policy will generate a fund of cash that can be borrowed against , should you ever need . I hope that helps . Thanks for asking ! "}
{"input": "Why Is Whole Life Insurance Better Than Term? ", "output": "I would not say that whole life is better than term life . It really depends on the clients need for life insurance . Whole life insurance name is literal , it is a face amount of life insurance that will last your whole life at a fixed premium . It is typically more expensive than term when your young therefore the face amount is typically less than a term insurance counter part . It is however much more affordable in later years because of the fixed rate . Term life insurance is typically more affordable in younger years with a fixed time period of level premiums such as 5-10-15-20-30-35 years . Term life insurance is used to cover a time period of debt such a mortgage . For example you purchase a home with a $ 250,000 mortgage for 30 years . It would be prudent to purchase a $ 250,000 30 year term policy as well . Try to avoid mortgage life insurance unless you are uninsurable . This term is known as decreasing term life and reduces as the mortgage is repaid . With straight term life , your loved ones will receive the difference of the face amount instead of the insurance company . "}
{"input": "How Much Is Ocella Without Health Insurance? ", "output": "The best way to shop for the lowest cost of any medication , including Ocella , is to visit the web site goodrx.com , which allows you to enter the name of any medication , the zip code where you want to pick up the medication , and then shows you a list of local pharmacies , along with the estimated cash price , and a coupon you can use at the pharmacy of your choice to get the lowest price possible . In my zip code in Georgia , I see cash prices ranging from $ 63 to $ 87 , and discounted prices from $ 33.57 -LRB- at CVS -RRB- to $ 57.15 . Everyone , with or without insurance , should always shop for their medications on this site . It 's THE place to find the best deal possible . "}
{"input": "What Does SSDI Medicare Cover? ", "output": "SSDI Medicare , Social Security Disability Income + Medicare is the same Medicare coverage available to those who are age 65 or older and qualify for regular Medicare . If you meet the Social Security definition of disability , once you have been totally and permanently disabled for 2 years you qualify for Medicare . "}
{"input": "Can You Sign Up For Car Insurance Online? ", "output": "These days we can do almost anything on line and yes , signing up for car insurance is one of those things . Some companies only offer an on line experience , others offer products only through traditional brick and mortar locations and some offer both alternatives . As an agent and a licensed Insurance Professional , though , I am partial to the direct personal approach . The benefitsof sitting down and talking to a professional in my opinion are vastly different from filling in blanks on a computer screen . One on one , questions can be answered an you can be more sure that you are going to end up with the protection you need for you and your family that is customized especially for you . And , when the initial transaction is complete , you not only have the peace of mind that proper insurance provides , you also have the assurance of knowing that you have someone you trust working for you who will be there when you need them the most . "}
{"input": "What Is The Best Medicare Advantage Plan In Texas? ", "output": "The best Medicare Advantage plan in Texas is one that meets your needs and budget . Medicare Advantage plans vary greatly from state to state and even within a state . Medicare Advantage rates and benefits are based on your zip code or county . A plan that is available in your county may not be offered in an adjacent county . Advantage plans have a lot of moving parts and several thousand dollars in out of pocket expenses when you have your greatest need for the plan . Most Advantage plans have networks . Some plans will cover out of network expenses but with higher copay 's and out of pocket while other plans will not cover any non-network expenses except in the case of life and death emergency . "}
{"input": "Does Homeowners Insurance Cover Animal Damage? ", "output": "It depends upon what you mean by Animal Damage . Your insurance policy will not cover damage to your own property caused by your animal . That is not technically accidental . Your insurance might cover damage caused to your home/personal property caused by another animal . It will depend upon the type of homeowners policy you have and whether that damage is excluded by endorsement or not covered at all . If you are talking about animal damage to another person because of a bite , then that will be something covered by your homeowners liability UNLESS the dog has a known history of biting others . I hope this helps . "}
{"input": "How Does Life Insurance Check For Smoking? ", "output": "Fully underwritten life insurance requires blood and urine tests for a variety of medical items . Urine analysis can detect smoking behavior by testing for cotinine a byproduct of tobacco in cigarettes . Cigarette smoking can impact your life expectancy , so the life insurance company charges more because your life span is less based on the statistics of smokers . "}
{"input": "How Does Life Insurance Check For Smoking? ", "output": "If you are applying for a policy that requires an exam , the life insurance company will check for smoking through a urine test and blood test . The byproduct of nicotine , called cotinine , shows up in those tests . Even if you are applying for a No Exam policy , the insurance company will look on your MIB to see if you have ever been rated a smoker when applying for insurance in the past . And you will be asked on the application whether you have used tobacco in the past year or longer . If you are currently smoking and say you are a nonsmoker , the policy could refuse to pay the claim if you passed within the first two years of obtaining the life insurance policy . "}
{"input": "Can You Get Insurance That Will Provide You An Extended, Paid Maternity Leave From Your Job? ", "output": "To answer your question requires us to consider the requirements under law for the family medical leave act . The FMLA imposes upon employers certain obligations to provide the employee unpaid leave from their job without fear of losing their job . Employees continue to enjoy employer provided medical benefits as if they are active at work . Maternity leave is an eligible medical event . Employees are entitled to up to twelve work weeks of leave in a 52 week year . Seek out more information by searching the Family and Medical Leave Act of 1993 for more information . Now , as to obtaining an `` extended , paid maternity leave from your job '' , you seem to be asking on whether there is a way to buy an extended period of benefit for a group , employer sponsored medical or disability income program . I have not encountered this option as a benefit in 38 years of work in this industry but , the best option is to contact the benefits administrator or Human Resources at your employer with this question . No optional benefit available will waive the rights or duties of the employer under common policy and practice , nor under the FLMA of 1993 . There are indemnification type health insurance policies that may provide some cash benefit , and you can buy disability insurance prior to the pregancy that can cover medical as a disability , but they wo n't impact the employer benefits nor their right to expect you to return to work when their maternity leave expires . The indemnity policies and disability insurance will have specific underwriting requirements and being currently pregnant is likely to be a condition that prohibits a benefit until the pregnancy runs its course . "}
{"input": "What Is An Average Car Insurance Payment? ", "output": "Auto insurance rates vary from individual to individual , area to area , and vehicle to vehicle . To provide a number and call it the average car insurance payment would be extremely difficult due to the number of variables that are used to determine your rate in the first place . Contact a local agent in your area , I am certain that they would be willing to provide you with a quote for your insurance coverage at no cost to you . "}
{"input": "What Health Insurance Should I Pick? ", "output": "There are a several things to pick besides premium and they are available deductibles , copays , and coinsurance which makes up the total out of pocket costs . If you are healthy and do n't go to the doctor much then a higher deductible and no doctor visits might fill your needs thus saving you money . On the other hand , if you go to the doctor more or have some medical issues then a lower deductible with doctor copays may be better for you which would be benefits that would raise your premium . The last , and maybe the most important , is the provider network that is affiliated with the carrier and how big is it in your area because the premium savings you may have could be eaten up by a the high cost of a poor provider network . If you have any questions or need more information please call Ronald G Hinch at 843-44450-9879 . "}
{"input": "How Can I Avoid Medicare Levy? ", "output": "I believe the Medicare levy is a tax for citizens and legal residents of Australia , used to help provide access to healthcare . I do n't believe it can be avoided . In the United States , people pay Medicare taxes -LRB- also known as FICA taxes -RRB- during their working lives and get access to Medicare benefits when they turn 65 -LRB- or earlier for people on disability -RRB- . FICA taxes are typically deducted from a person 's paycheck and everyone is required to pay them . "}
{"input": "When Do People Get Life Insurance? ", "output": "People often get life insurance when they are faced with their own mortality , such as after being diagnosed with diabetes . Many purchase life insurance when they take on a responsibility that will not end upon their death , such as getting married or having a baby . Lots of people purchase life insurance when they do their estate planning . And thousands of people buy funeral policies after the death of a loved one , or when preparing for their golden years . "}
{"input": "How Cost Effective Is Medicare? ", "output": "That is a great question ! I 'll answer it in two parts . It is very effective for you , especially if you have combined it with a Medigap plan . The Part D can make a world of difference in affordability of your prescriptions . That said , the other part of the answer ? There are several parts of the program that are slated for cuts under the Affordable Care Act -LRB- Obamacare -RRB- that will not affect anyone 's coverage or benefits , but are designed to pare some administrative excesses . These cuts are to be reinvested into the system , and if done to plan , should extend the Medicare trust fund through 2029 . There was a lot of pork and fraud in the system , because it was not policed very much , or very well . Thank you for asking ! "}
{"input": "How Cost Effective Is Medicare? ", "output": "Medicare can be very cost effective . Original Medicare is made up of Part A and Part B. Part A is your hospital insurance which is premium-free for most individuals . Part B requires a monthly premium -LRB- $ 104.90 per month in 2014 - can be higher for persons with incomes in higher brackets -RRB- . Original Medicare will pay for about 80 % of your healthcare expenses after your deductibles -LRB- $ 1,216 for Part A in 2014 - $ 147 for Part B in 2014 -RRB- . If you want coverage to pay for a portion or all of the other 20 % , you can also purchase a Medigap plan -LRB- also known as Medicare supplement plan -RRB- . The main benefit of a Medigap plan is that it helps you create a much more predictable healthcare expense structure . If you 'd like prescription coverage too , you can look at adding a Part D plan . Please feel free to contact me for further assistance . Thanks very much . "}
{"input": "What Is Cashing Out A Life Insurance Policy? ", "output": "When most people talk about cashing out a life insurance policy , they are talking about surrendering the policy for the cash value available , paying no more premiums , and terminating the policy so that a death benefit will no longer be paid when death occurs . In contract , a cash loan can be taken from a cash value life insurance policy , and if paid back with interest , the policy 's death benefit will stay in effect . "}
{"input": "Is Western National Life Insurance Company AIG? ", "output": "Western National Life was acquired by American General Life in late 2012 . American International Group -LRB- AIG -RRB- owns American General Life . So Western National Life is now part of American General , and American General is owned by American International Group . They are not the same , however , as American International Group is simply the parent holding company . "}
{"input": "What Home Insurance Is The Best? ", "output": "The best homeowners policy is the one that pays the claims at a time of loss with the least hassle and most satisfactory settlement . The key to having that kind of experience is really between you and the agent . Having good records of the contents of the home goes a long way in settling a personal property loss . This can be done with simple photographs or video , safely stored off-site . The other issue is making sure you have the highest possible liability limit as a law suit can ruin your weekend . "}
{"input": "What Home Insurance Is The Best? ", "output": "The very best homeowners insurance is the policy that pays the maximum when you experience a loss . Regardless of the company , regardless of the premium , a satisfactory claim is the acid test of a homeowners policy . This type of policy is the crafted achievement of a good insurance agent . A good insurance agent listens to you , provides sound advice and communicates clearly with you and the insurance company . "}
{"input": "Where To Get The Best Term Life Insurance? ", "output": "Unfortunately there 's no one company that offers the `` best '' term life insurance . The carrier that 's going to offer the best rates for you may not be the carrier the offers the best rates for someone else . There are 4 main factors that determine the rates for your life insurance policy - your age , risk classification , amount of coverage , and how long it 's guaranteed for . Your risk classification is the MOST important factor when looking for coverage . Some companies may offer you a better risk class than others because they each have their own underwriting guidelines and respond to specific medical histories differently . It is ALWAYS best to consult with an experienced life insurance broker who can compare multiple companies and shop the case for you and help determine the most likely risk classification you will qualify for with each company based on your medical history so you can figure out which company will offer you the desired coverage at the lowest rates - in short , which company will be your best starting point . Please feel free to contact me for help . Thanks very much . "}
{"input": "Where To Get The Best Term Life Insurance? ", "output": "The best term life insurance is the best life policy at the best premium to meet your unique situation . This is where an experienced independent broker can really be helpful . Their services are free of charge and they are compensated by the insurance company . An independent broker can take your information and shop it over multiple insurance companies to find the right combination of plans that will meet your exact needs and be sure you are purchasing them at the very best premiums . "}
{"input": "Where To Get The Best Term Life Insurance? ", "output": "When looking at Term Life insurance , you want a policy that is guaranteed `` level '' . That means the the premiums are guaranteed not to go up , and the face amount is guaranteed not to go down , for the entire term . You also want the insurance company to have a good rating by AM Best or another rating agency . Finally , you want a competitive price . E.g. . If you chew tobacco and are paying smoker rates , you could possibly cut your premium in half by using another company . To find all these features in one policy , it is easiest to go to an agency that offers many different products , and let them do the hunting for you . This can be a local agency or an online one . The more choices they offer and experience they have , the more likely you are to find a the best Term Life Insurance policy available to you . "}
{"input": "Where To Get The Best Term Life Insurance? ", "output": "The most important thing is to select a life insurance agent that you trust . If you dont know have a life insurance agent , already , get recommendations from friends , colleagues and neighbors . The trusted agent will listen to you , provide sound financial advice and communicate clearly with you and the insurance company . While policy and plan are important , setting the appropriate limit of coverage is critical . If you have inadequate coverage the ones who will suffer are the very people you are trying to protect . "}
{"input": "What To Look For When Buying Term Life Insurance? ", "output": "Term insurance comes with many option . First , consider the reason for buying the insurance and find a product that meets that need . If you are covering a mortgage for example you might want to consider a 20 or 30 year term policy . There are two options here . Decreasing or Mortgage term or level term . I prefer level term due to the fact that many people do not remain in the same home for the life of the mortgage any more . There are policies that will add mortgage disability and Return of Premium . Next , how long will I need this coverage , 1 year , 5 years , ten years ? Also , what is my budget ? With term insurance the shorter the term the less the initial premium , so a on year term will be less than a 20 year term , at least initially . Every time the policy renews , the premium will increase . Is the policy renewable and convertible . Renewable means that you can renew the policy at the end of the term even if your health gets bad . Convertible means that you can convert the policy , or part of the policy to a whole life plan , regardless of health . If you need to keep the insurance for a lengthy period of time I highly recommend a policy that is renewable and convertible . A good agent can help you determine your best choice for your individual situation . "}
{"input": "When Is Medicare Primary To Group Insurance? ", "output": "Generally , Medicare is primary to group insurance when the company has under 20 employees , and is secondary to group insurance when there are over 20 employees . There are many other factors to consider , such as the person 's age and how they qualified for Medicare . To see when Medicare is primary , this website is helpful : WEBSITELINK . You may call 1-800-MEDICARE for individual situations . "}
{"input": "How To Bill Medicare Part B For Pharmacies? ", "output": "Medicare Part B normally does not cover expenses billed by your pharmacy . Exceptions may be DME supplies if your doctor has written a prescription for the device and your pharmacy is considered a Medicare approved DME supplier . Outpatient prescription drugs as well as OTC medications are not covered under Part B . If the pharmacy has a clinic onsite they will know how -LRB- and if -RRB- to bill Medicare . "}
{"input": "What Is Whole Life Insurance With Cash Value? ", "output": "Some life insurance accumulates equity , known as cash value . Some does not . If you buy Term insurance , which is temporary , with a rate guaranteed for a specific number of years , it will never accumulate cash value . However , if you buy permanent life insurance , either whole life or universal life , it will accumulate equity . Equity can be borrowed against and even then kept and never paid back , totally tax free , although it will generally lower the death benefit if not repaid . Cash value can be used for retirement , or even for college funding . That money is tax free . While it starts out costing more , at the end , it definitely is cheaper long term and can even pay its own premium out of the accumulated cash value . Talk with an experienced agent . Love to help . Thank you . GARY LANE . "}
{"input": "What Is Whole Life Insurance With Cash Value? ", "output": "The percentage of the population that will die at a given age increases with age . That is , there will be a higher percentage of 50 years die in a given year than 20 year olds . That is why term life insurance is more expensive for a 50 year old than it is for a 20 year old . Imagine what the cost would be fore term life insurance for a 90 year old . The choice then , is to purchase a policy that will pay a death benefit should you die in the next term -LRB- 10 20 years for example . -RRB- The problem is that you are likely , very likely to live longer than the term . If you still want the death benefit paid to those you love , you must take steps to get a longer term policy , in which case you will probably still outlive the policy term , or buy a whole life policy . The whole life policy will have an initial premium that is greater than the term insurance premium , because it is going to pay the death benefit sometime and it guarantees not to increase the premium , ever . The whole life policy can do this because it accumulates reserves in anticipation of the increasing frequency of death claims as you age . These accumulated reserves become the cash value of the policy . Because the premium for term insurance increases as you become older there will be as point at which the whole life insurance purchased at an earlier age will be cheaper than the term policy purchased at an increased age . The cash value gives the policyholder the flexibility to make adjustments over time . It provides a cash reserve or emergency fund and a loan can be taken against the policy . If the coverage is no longer necessary it can be surrendered and the cash value will be given to the owner of the policy . "}
{"input": "What Is Whole Life Insurance With Cash Value? ", "output": "That is a great question ! There are two basic kinds of life insurance . One is called term insurance . It lasts a specified length of time , has no cash value , and ends at the designated date . The other is called whole life . It lasts as long as you do , and has a feature where there is an amount of cash that grows within the policy that is available , should you need it . If you would like to talk about ths more , please feel free to contact me , I 'm happy to help . Thanks for asking ! "}
{"input": "What Types Of Life Insurance Are There? ", "output": "There is annual renewable and guaranteed level term life insurance . Permanent life insurance has two actuarial policy platforms : participating whole life insurance and current assumption universal life . Universal life has three basic crediting methods : interest rate , index and separate equity/bond sub account performance . The life insurance spreadsheets from the brokerage community are an excellent starting place to explore the life insurance company that best suits your financial profile , risk tolerance and economic goals . The spreadsheets are divided into two macro categories : Term Life Insurance and Permanent Life Insurance . "}
{"input": "What Types Of Life Insurance Are There? ", "output": "The two main types of life insurance are Term and Permanent . Subtypes under Term include Return of Premium -LRB- ROP -RRB- Term that returns all the premiums if the insured person outlives the number of years in the Term policy . It includes hybrid policies that are a combination of Term and Accidental Death , or Term and Universal Life . The premiums for Term policies jump very high after a set number of years . Subtypes under Permanent life insurance include Whole Life , Universal Life , Indexed products and Variable products . When funded properly , these will be in effect upon death at any age . Permanent policies can have a guaranteed premium but not all permanent policies are guaranteed not to lapse at a level premium . They also have more choices of payment , such as single premium policies -LRB- paid for with a lump sum -RRB- or limited pay policies -LRB- paid in fewer years than if one paid the premium for life -RRB- . "}
{"input": "What Types Of Life Insurance Are There? ", "output": "There are three categories of life insurance : Ordinary Insurance , Industrial Insurance , and Group Insurance . When you go to purchase a policy , you are looking for Ordinary Insurance , and it comes in the following types : 1 -RRB- Term Life Insurance This comes in Level term , Increasing Term , and Decreasing Term . But almost all policies sold now are level term , which stay at the same face amount for the full amount of the term . Term Life is temporary coverage that expires at the end of a certain number of years , unless one is able/chooses to renew or convert them . They do not usually have any cash value and if will lapse if premiums get more than a month behind . 2 -RRB- Whole Life Insurance Comes in Straight Whole Life , Limited Pay Whole Life , and Single Premium Whole Life , named after how long one pays the premiums -LRB- the shorter the years one pays the premium , the higher the premium -RRB- . There are also a number of other forms of Whole Life that differ by other features than how long the premium is paid . Whole Life is permanent , stays in effect for one 's `` whole life '' . Has cash value that can be borrowed against or used to pay premiums . If dropped after a certain length of time will have a cash surrender value or can become a reduced paid up policy . 3 -RRB- Endowment Policies Cash values grow rapidly so that the policy endows at maturity and the face amount can be collected , even if still alive . 4 -RRB- Nontraditional Life Insurance Universal Life , Indexed Universal Life , Interest Sensitive Whole Life , and variable products belong in this category . They all have features that make them different from one another , but all have the ability to provide permanent coverage and have cash value . "}
{"input": "What Types Of Life Insurance Are There? ", "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 . The best kind of life insurance to have is one that has n't expired before you do ! Term life insurance is very affordable but it is for short term needs . Most term life insurance reaches the end of its coverage period and expires . If you have temporary needs that wo n't extend beyond the coverage period , match the term period to those needs . Otherwise consider permanent life insurance that is designed to last for your entire life . 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": "Can The Government Force Us To Buy Health Insurance? ", "output": "Great question ! As an answer I 'd say that I think every child at some point say 's to their parent , `` I do n't want to , and you ca n't make me ! '' . The end result is that while no one can make you do anything as a child , or as an adult , they can make it increasingly painful for you until you do as they asked . That is the case with health insurance . The Government ca n't make you buy it , but they can and will start penalizing you in increasing amounts until you do . There is a good reason for buying it , and another is this : Doctors are required to treat everyone , insurance or not . As a result , everyone that does not have insurance gets some form of treatment , and the rest of us get the bill , in the form of higher prices we pay when we need help . By having some of these people take responsibility for their own costs , in theory , it lowers costs for the rest of us . And if you have coverage available in your workplace , you can always enroll in it , and not the public marketplaces , though I would advise you to compare prices and coverages first . As to whether the politics of the health insurance law is right or wrong , that is a matter of personal opinion , and I 'll leave it at that . If I can help in any way , please contact me . Thanks for asking ! "}
{"input": "Does Life Insurance Usually Test For STDs? ", "output": "No , life insurance does not test for STD 's , but the insurance application may ask whether you have an STD at the time you fill out the application . Life insurance does test for HIV antibodies , blood counts that may indicate infection , and other labs for conditions that may or may not have been sexually transmitted . But there are not tests done specifically for STD detection . "}
{"input": "Does Life Insurance Usually Test For STDs? ", "output": "The life insurance underwriting process involves application questions , blood and urine lab testing , paramedical exam for vitals and medical history and possibly a review of medical records if the underwriter needs them . The application has medical history questions which include STD but they do n't use the lab testing for that . Answering yes is unlikely to have an impact on the underwriting process however . "}
{"input": "How Does Weight Affect Life Insurance Rates? ", "output": "That is a great question ! Insurance companies are all about risk . If you have a lot of tickets , or accidents , your auto insurance rates will be high . If your home is in an area wherehurricanes are common , your homeowners will be high.Likewise , if you are obese , you are much more likely to develop weight related diseases that can affect your life expectancy . Diabetes , high blood pressure , strokes and heart disease are found more often with people that have issues with their weight . Being too thin carries similar risks . Many insurers will have a set standard for your weight and height that they will use to help determine that risk . They will use that to help determine your rate . The less risk there is that you will pass away sooner than later , the lower your rate will be . I hope that helps , thanks for asking ! "}
{"input": "How Does Weight Affect Life Insurance Rates? ", "output": "If you are moderately overweight , it will not affect your rate much at all . If you are obese , the policy may cost double or more of what a policy for those with `` prefect '' weight would be , but the price is still very affordable . Being morbidly obese can restrict your choices to No Exam policies that have higher prices . In any event , overweight persons can get life insurance , and using an agency that specializes in policies like that can save you hundreds of dollars . "}
{"input": "How Does Weight Affect Life Insurance Rates? ", "output": "Being extremely underweight , or extremely overweight , can cause you to be declined for medically underwritten life insurance . However , you can still get simplified issue , or guaranteed issue policies , in most cases . The face amount for this type of policy is usually capped at $ 25,000 but some allow you to take more . Some policies are graded ; others are not . Premiums are based on your age , so it is impossible to give a number here . They are not cheap , but by shopping we can sometimes find some surprisingly low rates for those who are morbidly obese . If obese or just overweight , you can usually find a medically underwritten policy . These will run higher than someone with perfect weight and perfect health , but sometimes run no more than the perfect health person whose father had a heart attack before age 65 . In other words , you just need to have a personal consultation with an agent -LRB- phone or email is OK -RRB- who specializes life insurance for those who have weight issues , and let them find your best price "}
{"input": "How Does Weight Affect Life Insurance Rates? ", "output": "Life insurance insurance rates are determined by a very complex equation that the insurance carrier has developed . Some the things that will be taken into consideration in this equation will be your height , weight , your habits , your medical history and your families medical history . Your weight is only part of the whole equation depending on how far outside of the federal height and weight guidelines for your sex will determine how much your weight will affect your rate . Getting a rate for coverage is typically free and I would recommend contacting a local agent to discuss coverage availability and pricing . "}
{"input": "Who Benefits From Disability Insurance? ", "output": "Disability Insurance is actually `` disability Income insurance '' , so primarily the policy holder is the first beneficiary . Disability insurance does not pay the entire amount of income when claimed though . THis is to discourage prolonged dependence on the insurance income . Typically disability insurance pays only 50 to 62 % of the insured 's income when they are disabled from working . Of course the benefits trickle down to the family of the insured and their creditors as the income provided will enable them to continue to pay the bills . "}
{"input": "Who Benefits From Disability Insurance? ", "output": "Disability Insurance is paycheck protection . When you insure yourself against sickness or injury , youre valuing your ability to earn money for your family and/or business partners , who can benefit if youre unable to work . "}
{"input": "Who Benefits From Disability Insurance? ", "output": "Those who benefit from disability insurance are those who benefit from the income brought in by the insured person . The disability insurance policy replaces part of that person 's salary if the insured person is unable to work due to disability . So anyone who is supported by that income , is benefited by the disability insurance policy . "}
{"input": "When Do Car Insurance Rates Go Down For Males? ", "output": "Depending on what state you live in Montana there is no rate difference for males or females . Also your driving history and prior insurance plays a role in rates , many cases the average here in Montana drops after the age of 25 no matter what sex you are . If you have had no tickets in 3 years or accidents in 5 years the rate should lower . a Reputable agent will requite your renewal to see if there is another carrier with a better rate available . "}
{"input": "When Do Car Insurance Rates Go Down For Males? ", "output": "Typically , car insurance rates for males reduces once you have either 1,3 or 5 years of driving experience . At ages 21 , 25 and 30 , you may see additional reductions . Of course , each carrier has different underwriting guidelines . Getting married will reduce your rates , although be prepared for some huge Target and Kohls bills that will wipe out your savings . Believe me ... I know ! "}
{"input": "How To Understand Health Insurance Plans? ", "output": "In 2014 and beyond , under the provisions of the Affordable Care Act , individual & fully insured small to medium sized group health insurance plans will have to fall within four categories referred to as Bronze , Silver , Gold and Platinum . These categories represent an actuarial valuation of how much financial exposure the policyholder has up to a maximum out-of-pocket financial exposure of $ 6350 . It is a gross over simplification but for the average health insurance consumer , the closest I can come to explaining these `` Metallic '' plan categories is that Bronze represents 60 % coverage , Silver equals 70 % coverage , Gold equals 80 % coverage and Platinum equals 90 % coverage . All of these plans , by law , must be guaranteed to be issued by the insurance carrier , can not be subject to underwriting and must cover pre-existing conditions immediately with no lifetime limits on coverage . In addition , all plans must cover what are referred to as the Minimum Essential Benefits . These requirements range from covering a wide range of preventive care services at 100 % , coverage for maternity , mental health & substance abuse along with a variety of other services including pediatric dental & vision to even educating women on how to nurse their babies -LRB- how the human race survived for thousands of yearswithout the government providing for such training is a mystery to me -RRB- . Unfortunately , there really are no simple andconcise ways to explain health insurance plans . Different state regulations also apply and each insurance carrier can design health insurance plans that fall within these four different `` Metallic '' categories that can vary widely in their appearance . To make an informed choice for your health insurance as an individual or a business it is more important than ever that you seek out the advice of an experienced health insurance broker/consultant who understands the intricacies of the health insurance plans options and their associated costs that are available to you in your specific area . "}
{"input": "How Much Does A Small Business Pay For Health Insurance? ", "output": "Small business is generally defined as fewer than 50 full time employees . That is also the definition used by Obamacare . Small business owners are generally required to pay at least 50 % of the employee premium . Small businesses are also required to have at least 70 % of eligible employees covered under the group health plan . If the small business fails to meet participation standards , the business owner will need to increase their contribution to the cost of coverage to increase participation . "}
{"input": "How Much Does A Small Business Pay For Health Insurance? ", "output": "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 , you 'll need to contact a health insurance agent - working with an independent one will allow you to shop for quotes from multiple companies in one place . I hope the information is helpful - please feel free to contact me for help with your health insurance needs and if you have any other questions . Thanks very much . "}
{"input": "Does My Husband Have Life Insurance? ", "output": "The first place to look is your husbands employer group plan to see if he elected life insurance . It may also be itemized on his pay stub or payroll check receipt . It is possible that his employer purchased life insurance on him as a key executive or part of his executive package separate from the businesses group plan . The next place to look is your checking account for payments that appear to be to an insurance company . "}
{"input": "Does My Husband Have Life Insurance? ", "output": "The only way someone can have life insurance on them as the insured person -LRB- meaning , the policy would pay the death benefit if that person died -RRB- is if they gave their consent to it . So the best place to start is to ask your husband if he signed any applications authorizing someone to take out life insurance on him . If his parents took out life insurance on him as a child , they may have kept a copy of the policy somewhere , or perhaps you know where they did business so you could ask that office if they have a record of life insurance taken out on your husband . If he has any through work , they will also have a record . "}
{"input": "What Is Business Use Auto Insurance? ", "output": "What is business use auto insurance ? When you ask a company for a quote , they will ask you how you use your vehicle . the most common uses are : to work -LRB- commute to an office -RRB- and how far . Pleasure use -LRB- non-working drives to the store and such -RRB- . Business use -LRB- drives vehicle in the course of daily business , such as outside salesmen . -RRB- Generally the more frequently you are on the road the more a auto insurance carrier will charge for coverage . "}
{"input": "What Is Business Use Auto Insurance? ", "output": "` Business Use ' is a rating classification -LRB- or used to be -RRB- used in rating a personal auto policy . Many personal auto insurance carriers in the past did not allow a ` business use ' classification on a pickup or van so a commercial autoor business auto policy had to be obtained for that vehicle . With the rating methods used by carriers today , it may be possible to insure a vehicle on a personal auto policy and use it for business purposes . The agent or broker providing the quote -LRB- s -RRB- should be able to advise you . If you are purchasing personal auto insurance online , you are acting as your own broker and good luck to you in obtaining the coverage you should have for such a situation . "}
{"input": "Is Medicare Enrollment Automatic? ", "output": "Medicare enrollment typically is automatic when you turn age 65 . However , if you are still working then you will want to consider if you can delay your Part B and stay on the company insurance . If you have that option it 's important to compare it to a Medicare Supplement that you can get in the market . Many clients find they can get equal too or better coverage for less money by looking at a Medicare Supplement instead of the company group plan . It is still a good idea to call your local Social Security office or go online at www.SSA.gov a few months prior to your 65th birthday to make sure everything is in order . You can also start reviewing your Medicare Supplement options up to 6 months out from turning 65 . "}
{"input": "Does Applying For Auto Insurance Hurt Credit? ", "output": "Applying for auto insurance or shopping around for a better rate does not impact your credit score . Many car insurers pull your credit report and consider your generic risk score when determining what rate to charge . When this occurs a soft inquiry is noted on your report . Soft inquiries are visible only to you when you review your personal report . Soft inquiries are not seen by lenders , or used in calculating your score . "}
{"input": "Does Applying For Auto Insurance Hurt Credit? ", "output": "In a word , no . Although most if not all auto insurance companies include credit along with your driving and accident record as part of their premium determination , these credit reviews are considered `` soft '' hits and so therefore they do not affect your credit record . Talk to your Insurance Professional about your coverage options oin order to determine what is right for you . "}
{"input": "How To Choose A Life Insurance Policy? ", "output": "Before you choose the right life insurance policy you must choose the right agent . The agent should always have your best interest at heart and represent many of the top carriers . Also , the agent should present level term protection as the primary type of insurance as it is the most affordable and gives the client more insurance for less money so the he will be properly covered . Coverage should be adequate to pay for final expense , pay off debt , replace income , and provide college funding for any dependent children . Not hard at all . "}
{"input": "How To Choose A Life Insurance Policy? ", "output": "You want to find the structure that is going to be the most suitable to meet the needs you want to have covered . There 's a number of factors that you should think about when buying life insurance including : 1 -RRB- Why do you need the coverage ? 2 -RRB- How long do you need it ? 3 -RRB- What risk class do you qualify for ? -LRB- this is one of the MOST critical items when buying insurance because it 's what determines the premiums for the coverage you 're applying for -RRB- . 4 -RRB- Does the policy provide full coverage -LRB- payout whether death occurs by illness or injury - if you die by illness and you only have an AD&D policy , then the policy will not pay a death benefit -RRB- . 5 -RRB- What is the company 's financial rating ? - this is a big point when you 're looking at permanent coverage . Work with an experienced independent life insurance agent/broker . Doing the research on your own can be extremely time consuming and you may not always find the information you 're looking for . Independent brokers have an extensive knowledge of the subject matter and know the differences between products that are available in the marketplace . Brokers can help you through the entire process from start to finish . This includes helping you determine how much coverage is suitable to what you need the coverage for and how long you should have it in place for through an insurance needs analysis , provide quotes from multiple carriers and compare the options with you , track the application while it 's in underwriting and provide assistance on future needs as well . If you 'd like assistance in buying a life insurance policy , send me a message - my contact information is provided on my profile . I do not charge fees for my input and can walk you through the entire process of securing a policy . "}
{"input": "How To Choose A Life Insurance Policy? ", "output": "To choose a life insurance policy , you will want to look at : 1 -RRB- What you want your life insurance to cover -LRB- e.g. to raise your children -RRB- 2 -RRB- How long that need will be in effect -LRB- e.g to their age 25 -RRB- 3 -RRB- What policies are available to cover that need -LRB- e.g. 20 year Term -RRB- 4 -RRB- Whether it has guarantees -LRB- e.g. will the price and death benefit stay the same for the full 20 years -RRB- 5 -RRB- What features your policy would have -LRB- e.g. if you quit paying on it in the future , will it lapse or will you have a reduced paid up policy -RRB- 6 -RRB- Does the cost fit your budget -LRB- e.g. paying 20 % of your salary for life insurance is probably not something you will be able to keep up -RRB- 7 -RRB- Will it cover death by any reason -LRB- e.g. do n't get fooled into buying accidental death insurance when you are trying to buy life insurance -RRB- 8 -RRB- Can you qualify for it medically -LRB- e.g. if you were recently diagnosed with cancer , you will have much fewer choices than if you have excellent health -RRB- 9 -RRB- Do you want to take an exam -LRB- e.g. if you have not been to the doctor and have no idea how your blood test will turn out , you might want to consider No Exam coverage -RRB- 10 -RRB- How is the insurance company rated -LRB- see AM Best , S&P . Moody 's , or Fitch 's for ratings -RRB- "}
{"input": "How To Choose A Life Insurance Policy? ", "output": "Fortunately there are qualified life insurance agents who can counsel you . If you dont already have a trusted life insurance agent , get a referral from friends , family or colleagues . This trusted agent should listen to you , offer sound advice and communicate accurately with you and the insurance company . The plan you select is not as important as is the amount of coverage that is in force on the day that you die . Regardless of what you have paid for your coverage , the death benefit will make any active policy a real bargain . Setting limits is the most important decision you must make . "}
{"input": "How To Choose A Life Insurance Policy? ", "output": "Great question ! There are a couple of things that you want to ask yourself before shopping for a policy . Ask yourself : What do I want this policy to do for me - provide burial expenses , transfer wealth to my survivors , provide a potential retirement income , or protect against a major expense like college or a mortgage ? How long will I need this coverage ? If you want it to last as long as you do , then you would want to look at a whole life policy instead of a term product . If you are looking to cover a short term risk , then a term policy is the better choice . Once you have an idea of what you want the insurance to do for you , figure out what you can afford to spend . Remember that life insurance is like buying a new car . You stop making timely payments , and one day your car is gone . The same thing happens to the money that you have paid into your policy . Find an independent agent , -LRB- one not tied to a specific brand -RRB- who can help you compare companies , policies , and what they will do for you.If you would like help , please feel free to contact me , I 'd be happy to make time for you . Thanks for asking ! "}
{"input": "What Is A Health Insurance Network? ", "output": "A health insurance network is a list of healthcare providers and facilities where you can go for medical evaluations and treatment and have the expenses covered by your health insurance plan with the least amount of cost to you . This is commonly referred to as being `` in-network '' . If you go to a healthcare provider or facility outside of the plan network , the care would be considered `` out-of-network '' and expenses incurred would not be covered by the plan , unless it 's a medical emergency . Some plans will still provide coverage if you go to an out-of-network provider or facility , but you would be responsible for a larger portion of the expenses than if you went to an in-network provider or facility . Please feel free to contact me for further assistance . Thanks very much . "}
{"input": "How To Know If Someone Has Life Insurance On Me? ", "output": "If a family member has coverage on you , they would be the ones to ask . Their ability to purchase coverage on you would depend on insurable interest . Insurable interest would apply to your parents , grandparents and some extended family members . Regarding employers , at one time they could insure employees without their knowledge . In fact a very large retailer did this at one time with the thought of profitability from the death of employees as the main consideration . Needless to say , once discovered the laws changed and secret insurance was no longer legal to carry upon an employee . So outside of family , there is no one who legally can own life insurance on you without your consent . "}
{"input": "How To Know If Someone Has Life Insurance On Me? ", "output": "Generally they wo n't be able to unless you know about it and agreed to it with your signature . The exception could be if it was purchased when you were a minor child . In that case , it would be a parent , grandparent or someone with a guardian relationship with you . You should ask those people . There is no real database to find such information . "}
{"input": "How To Know If Someone Has Life Insurance On Me? ", "output": "The only way you could have life insurance on your life without knowing it would be if you parents or custodial stewards bought it when you were a minor . Every insured adult applicant requires a degree of competence to sign as the insured whether family , business , charitable givingit does n't matter . "}
{"input": "Can Two Unmarried People Share Car Insurance? ", "output": "Car insurance follows the car . It is based on the household attached to the car . Every licensed driver in the household should be included on the policy or excluded by endorsement . If two unmarried person occupy the same household , the cars attached to that household will include both as drivers . The policy will probably name the registered owner of the car as the primary insured but can name the other driver as a secondary insured . "}
{"input": "Why Does Dave Ramsey Hate Whole Life Insurance? ", "output": "Dave Ramsey feels that you can make more return on your money by putting it into other investments , and just using life insurance for pure death protection . Term insurance is the least expensive form of life insurance because the money all goes to death protection , without any going toward cash value , as you get with whole life . Thus , he advocates term insurance , but with investing your money on the side so that when the term ends , you have money to live on . "}
{"input": "Why Does Dave Ramsey Hate Whole Life Insurance? ", "output": "As a guest speaker at may Dave Ramsey classes , I 'm quite familiar with Dave 's perspective on term life versus whole life . Simply put , Dave is an advocate for getting the maximum amount of life insurance you can to protect the most valuable asset your family hasyour income . Term Life Insurance delivers the biggest `` bang for your buck '' when it comes to pure death benefit for the dollar you spend . There are many cash value benefits from a whole life policy . However , Dave 's guiding principles are to use the money that would go towards the whole life guarantees and cash value options of a whole life policy in a different form of investment . For many people , term life insurance is an appropriate solution . "}
{"input": "Can Businesses Write Off Health Insurance? ", "output": "IRS Schedule C is used by businesses to tabulate deductible business expenses . Line 14 is used to deduct contributions to employee benefit programs . The instructions specify that accident and health plan contributions qualify . Self employed workers can make a deduction on line 29 of form 1040 . The write off must be reduced if the small business tax credit was used . "}
{"input": "Can Businesses Write Off Health Insurance? ", "output": "Absolutely , after attracting and retaining quality employees this is one of the prime advantages for businesses to offer health insurance to their employees . The portion of group health insurance and most other group insurance products that are paid for by an employer are a deductible business expense . For the 2014 tax year the Affordable Care Act has introduced another variable in this equation that employers with less than 25 employees who earn an average wage of less than $ 50,000 per year need to be aware of , they can be eligible for a tax credit of up to 50 % of what they pay towards employee premiums -LRB- 35 % for tax exempt organizations -RRB- . They catch is that the employer has to purchase their group health insurance through a state or Federally Facillitated Marketplace 's SHOP program to qualify for this credit . As the SHOP program was very problematic during the rollout of the health insurance marketplaces and insurance company participation in various state 's SHOP programs varied greatly , this tax credit will probably not be used by very many small businesses on their 2014 taxes . So the business expense deduction is the most likely way that most businesses will reduce their tax exposure . Marlin McKelvy Consumer Directed Benefit Solutions www.cdbsagency.com "}
{"input": "Does Health Insurance Cover Surrogacy? ", "output": "I would have to say no . This is not usually a medically necessary procedure that can threaten ones ongoing health and well being . While there are sound reasons for surrogacy it is still considered elective in most cases . Check your policy or call your company to be sure . "}
{"input": "How To Determine How Much Renters Insurance You Need? ", "output": "Great question there are several way 's to determine how much coverage you need example : you could count how many pieces of clothing you own and determine how much each piece cost you when you purchased the item like a pair of jeans $ 100 times the number you own , how much did you pay for your TV -LRB- S -RRB- , if you own the appliances and your furniture . Most people do n't realize how much they have invested in every day household items it is good idea to keep track of your purchases especially big ticket items . A good independent agent can help you determine the right amount of coverage for your needs also is good idea to video your Home/Apartment and catalog serial numbers and save receipt 's . "}
{"input": "How To Determine How Much Renters Insurance You Need? ", "output": "When computing the amount of coverage for personal property , ask yourself , How much money would it take to make me whole if everything went up in smoke ! On the liability side determine how much help you want from an insurance company should you be sued for bodily injury or property damage . If you have substantial personal wealth you would want as high a limit as possible to avoid being bankrupted by a law suit . "}
{"input": "How To Determine How Much Renters Insurance You Need? ", "output": "It is pretty easy if you are furnishing your first apartment , by totalling the amount you have spent to set up . In addition , inventory your clothing and other personal belongings and do a little research to get an idea as to what it might cost to replace those items . Always talk to your Insurance Professional about solutions that meet your needs and fit your budget . "}
{"input": "Can You Cash Out A Life Insurance Policy? ", "output": "Only if the policy has a cash value would it be possible to have a policy with the potential to cash out . Depending on the amount of time and the initial premium that initiated the policy will make a difference in the amount of caah value potential . Some carriers or policies may have fees involved with the cash out of the policy and you may also inccur some tax ramifications if you cash out a life insurance policy also . Please confir with a local tax accountant to find out about potential tax considenrations . "}
{"input": "When Can Auto Insurance Drop You? ", "output": "An auto insurance provider can drop you for the obvious like non payment of premium after the end of a grace period . You can also be non renewed at the end of your current policy term because you have had too many accidents or moving violations and therefore fall outside of their filed underwriting guidelines . In cases like these , they are required to give you notice of 30 days . If you receive a DWI and your license is suspended and the company hears of this , you may be dropped mid term , but again , notice must be sent . "}
{"input": "When Can Auto Insurance Drop You? ", "output": "An auto insurance carrier can not drop you mid term during a policy period unless you fail to make your premium payments or if you lied on your application . Now keep in mind , polices are self terminating . So when you purchase a 6 month policy for example , after the 6 months the policy self terminates . At renewal the insurance carrier will chose to offer you or not offer you a renewal , or another 6 months of insurance if they have determined the risk -LRB- that would be you the policy holder -RRB- have exceeded their risk tolerance . Each time you come up for renewal the insurance company will review you -LRB- the risk -RRB- and determine if you are a good risk or not . Then the insurance company will either offer you a renewal or chose not to offer you a renewal . It 's the insurance companies choice . "}
{"input": "What Is The Price Of Renters Insurance? ", "output": "Renters insurance cost can vari greatly . I would say that on the low end it would cost about $ 100/yr . If you have your renters policy and auto policy with the same carrier you will normally receive a discount . In some cases the discount for having renters insurance and auto insurance with the same carrier will almost cover the amount for the renters insurance . "}
{"input": "Is A New Roof Covered By Homeowners Insurance? ", "output": "Talk to your Insurance Professional about the terms and conditions of your policy , but in general , it may very well be covered . The damage that requires you to have a new roof must be caused by a covered peril if you have a named peril policy or as in a newer policy form , not excluded from coverage . The settlement will of course be subject to your property deductible . "}
{"input": "Does Whole Life Insurance Mature? ", "output": "A whole life policy accumulates cash value in order to maintain a face amount at a level premium . There is a point in the design of every whole life policy where the cash value equals the face amount . At that point the policy endows or matures . With increasing longevity companies are leaning to every later dates for maturity . "}
{"input": "Does Whole Life Insurance Mature? ", "output": "Yes , Whole Life Insurance matures , usually at age 100 . The maturity date is when the cash value equals the face amount of the policy . This is also called endowment . If you pay a higher premium in the earlier years of a Whole Life insurance policy , the policy can mature at an earlier age than 100 . "}
{"input": "What Is Covered Under Renters Insurance? ", "output": "A renters policy covers your personal property located in the rented residence . This includes your furniture , clothing , appliances and gadgets . The renters policy also protects your legal liability for personal injury or property damage . There are other coverages included but these are the two major coverages . "}
{"input": "Does Auto Insurance Cover A Boat? ", "output": "Auto insurance will not cover a boat . In order to properly cover or insure your boat you would need boat insurance . However in most cases your auto insurance liability will extend to the boat and trailer while they are attached to yourvehicle The boat and trailer will not be covered for physical damage but should you be backing up the boat for example and hit an object or person there would be coverage for the other party from a liability standpoint . Talk to your local agent about protecting yourself when you have your boat in the water or in storage with boat insurance . "}
{"input": "Does Medicare Pay For Sleep Studies? ", "output": "As long it is ordered by a doctor in order to diagnose a possible health issue a sleep study should be paid for under part B of Medicare . Sleep studies are used to diagnose several health related issues , the most prevalent being Sleep Apnea . Your doctor will know if the procedure he is recommending is covered . "}
{"input": "Is Life Insurance Sales A Good Job? ", "output": "Life insurance sales can be a very good job for someone who is sharp , outgoing , ethical , and persistent . It is not for the faint of heart . Getting with an agency that will train you and possibly pay you a salary , at least while you get on your feet , is a great way to start out . How you do after that is up to you . "}
{"input": "Is Life Insurance Sales A Good Job? ", "output": "Life insurance sales can not be considered a job . Whatever the technicalities of your employment may be , you have to consider it as your own business . There are no set hours , no specified tasks to do every day , and no income unless you generate it . Life insurance sales can be a great career if you are self motivated and enjoy the business . If you are looking for a career or a way to build your own business you should look into it , if you are looking for a job life insurance sales is probably not for you . Good luck in whatever you do ! "}
{"input": "Is Life Insurance Sales A Good Job? ", "output": "I personally do n't see life insurance as a sales job . You should not enter our industry as looking to sell life insurance . You should enter our industry with the idea and heart of a teacher . Selling life insurance is one thing , helping to protect a family in the event of an untimely death with young families , large debts or key man at a business is something entirely different . You can make a lot of money selling life insurance and it is certainly needed by the masses and way under purchased by a misunderstanding public . You will need to complete the necessary paperwork , exams and background checks , but more importantly you need to be person of character , morals , patience and certainly a great work ethic . What we as life insurance agents do daily is certainly not for everyone , but it is a great career for the right ones . I wish you good luck ! "}
{"input": "Is Life Insurance Sales A Good Job? ", "output": "A career in the life insurance industry can be very rewarding if you have good work ethic , youre personable and organized . It cant be considered a job . It is a career . The life insurance product inventory has expanded over the years to include variable products and so you should consider securing your life insurance license and your series 6 and 63 to sell all lines of life insurance . "}
{"input": "What Is The Best Medicare HMO? ", "output": "Medicare Advantage plans come in different flavors including the HMO . In evaluating which plan is best for you , consider the following . Advantage HMO plans have limited networks . If your current doctor is not in the network you will need to switch doctors if you want your treatment covered . HMO plans generally offer in network coverage only . If you receive treatment outside the network you are responsible for 100 % of the charges . Exceptions apply for emergency medical situations . Your out of pocket limit -LRB- usually $ 3000 - $ 6000 -RRB- does not include out of network expenses . If you want more flexibility and would rather not deal with out of network penalties , you may want to consider a Medicare supplement plan . Original Medicare is accepted nationwide , there are no networks , and the supplement plan picks up approved Medicare charges that are not paid due to deductibles and coinsurance . For many , Medigap plan N or Hi F is a good alternative to a Medicare Advantage HMO plan . "}
{"input": "What Is The Best Medicare HMO? ", "output": "You really need to research the Medicare Advantage HMO plans in your area . No two states are the same and even within the state they are different county by county . Your Medicare Insurance broker can show you the plans available or you can do research yourself at Medicare 's own website . Also consider the PPO network plans as well as the HMOs . "}
{"input": "What Is Extended Term Option Life Insurance? ", "output": "Extended term is one of the non-forfeiture provisions . When a person does not want to continue making payments on a whole life insurance policy they have options with what they can do with the cash value that has accumulated in the policy . One is to take a life paid up policy for a reduced amount , another is to receive the cash , or borrow the cash . The extended term provision maintains the face amount of the policy for a specified period of time . This is often the automatic , non-forfeiture provision . "}
{"input": "What Is Extended Term Option Life Insurance? ", "output": "An Extended Term Option is one of the standard nonforfeiture options in cash value policies . When a policy owner wants to stop paying required premiums , it is one of the alternatives to surrendering the coverage for its cash value . In this case , the death benefit is the same as the original policy -LRB- unless a loan is outstanding -RRB- and the `` extended term '' is the number of years and days of coverage that can be purchased with the available cash value at the insured 's attained age . Policies that have guaranteed cash values include a table showing how long the term will be , based upon these factors . "}
{"input": "What Happens If My Homeowners Insurance Is Cancelled? ", "output": "First of all it depends if the policy was actually cancelled or was it simply non-renewed . There is a big difference as any company can choose to non-renew any policyholder for any reason they choose . When it comes to cancelling a policy there are rules and regulations that could vary from state to state as to the process and for what reasons they can cancel your policy . The short answer is , go buy a new policy from a different insurance company , however if it was cancelled due to misrepresentation or concealment you will need to be able to explain your position as most companies will ask if your policy was ever cancelled for one of these reasons . "}
{"input": "Can I Change My Medigap Plan Anytime? ", "output": "Yes and many people do n't realize this because of all the advertising that is done during the annual enrollment period . The annual enrollment period -LRB- AEP -RRB- is only for people who have a Medicare Advantage plan . You can switch your Medigap Plan anytime it benefits you . If you work with a good independent agent that specializes in Medigap Insurance they will be able to make sure you have the best plan at the best premium for many years to come . Every few years it 's a good idea to check in and get a review of your current plan to see if there is anything more attractive out there . Rates and plans change all the time . "}
{"input": "Can I Change My Medigap Plan Anytime? ", "output": "Medicare Supplement plans can be changed anytime during the year . Just because you want to change your Medigap plan does not necessarily mean you can . When you are new to Medicare , after your Part B is activated , you have six months to enroll in any Medicare Supplement offered in your state with no health questions being asked , your acceptance is guaranteed . After your open enrollment periods ends you can apply for a Medicare Supplement later at any time but you must answer all of the health questions . If you have a serious pre-existing health condition you could be denied coverage or have to pay a substantially higher premium in order to get the pre-existing condition covered . "}
{"input": "Can I Change My Medigap Plan Anytime? ", "output": "Yes ! Medigap plans are not restircted to annual enrollment periods . You can apply for a new Medigap plan at any time during the year . If you 're outside of your open enrollment period when you were new to Medicare -LRB- and do n't have a guaranteed-issue right -RRB- to buy a Medigap plan with no medical underwriting , you may need to answer health questions on the application . You should work with an independent Medigap insurance agent who can work with you and compare multiple options in your area to make sure the plan you want is offered to you at the lowest possible cost . I hope the information is helpful - please feel free to contact me for assistance with your Medigap coverage needs , including quotes and plan comparisons , and if you have any other questions . Thanks very much . "}
{"input": "How Much Should I Get In Life Insurance? ", "output": "If you own an automobile worth $ 25,000 , you generally purchase enough insurance to give you an automobile of equal value should your vehicle be stolen or destroyed . You have value , human capital . That value is what you represent to those who depend upon you . You love people and they depend upon you . Make sure that they do n't suffer more than necessary if they were to lose you . "}
{"input": "How Much Should I Get In Life Insurance? ", "output": "When you 're considering the amount of life insurance you should have , take the time to add up all your financial liabilities , your future obligations , your charitable intent and generational planning for your children and grandchildren . And do n't forget your earning power , i.e. the amount you annual earning from now until retirement . "}
{"input": "How Much Should I Get In Life Insurance? ", "output": "There really is n't a right answer for this , there is only your answer for you . There are numerous software programs that you can plug into and it will spit out a number and you can choose to follow that program . Is it correct or exact ? Unfortunately the anwer is yes , no or maybe depending on the individual . I tend to individualize my approach to `` how much life insurance I need ? '' when thinking about how much coverage to get . The first or base level of coverage I consider is simply this `` if I did n't wake up tomorrow , how much money would put things at $ 0 . ? '' This is my starting point or minimum level of coverage I would consider . From there , I would start adding based on answers to questions posed like ; Does my spouse work ? Would extra money help in a transition to work ? How old are my children ? Do I want to have something for college set aside for them ? Who can do for my family what I can do if something breaks and I 'm not there ? What would that cost ? If the main person who does the childcare passes , how much would I need to help with that cost ? You can look at your own situation and bring different questions and costs to the mix too ! Then much like the purchase of lumber for a project you figure the amount plus 10 % extra for just in case . This may be why some just say 5X income or 10X income as answers . The assumption is all those questions would be answered and then some . The big thing is do n't let what ever number you come up with discourage you from getting life insurance . Some is always , always better than none . "}
{"input": "How Much Should I Get In Life Insurance? ", "output": "If you want a good estimate of how much life insurance you should have , we recommend that you carry at least ten times your annual income in life insurance . This might sound like a large amount of coverage , but it actually is a pretty conservative number when you take all the factors into consideration . "}
{"input": "How Much Should I Get In Life Insurance? ", "output": "The rule of thumb to calculate how much life insurance you should purchase is as follows . Add up all of your debt , any amount you would need to educate your children if any and then add ten times your annual income . This number represents the face amount of life insurance needed . The length of term has to do with the debt and education fund of your children . For example , if you owe 20 years on your mortgage you need 20 level term life for that amount . Do not worry about the extra , I have never seen a widow return proceeds because they felt it was just too much money . "}
{"input": "Is Credit Life Insurance A Good Idea? ", "output": "Credit Life Insurance is a policy that pays off a borrower 's debt if he/she dies . Is it a good idea ? I suppose , if you died , in retrospect it was ! However , the beneficiary often is the creditor and not someone you can choose . However , typically , rates on this type of policy are higher than what you may be able to get from a broker or agent . However , if you are guaranteed to be accepted and you have major health issues , it should be considered . "}
{"input": "How Much Does Group Disability Insurance Cost? ", "output": "The price for Group Disability Insurance must be obtained from the business for which you work . Your employer may pay part or all of the premium , or it could be paid for completely by employees . Group disability insurance is not able to be purchased apart from the group -LRB- employer -RRB- through which it is offered . "}
{"input": "How Much Does Group Disability Insurance Cost? ", "output": "If your employer is paying the premium for your group disability insurance , it will not cost you anything . Sometimes the employer splits the premium with employees , or the employee picks up the entire premium . You can contact your HR department to inquire about the cost of your group disability insurance benefits . "}
{"input": "Does Auto Insurance Go With The Car Or The Person? ", "output": "In California auto insurance goes with the car . The car is insured regardless of who is driving the car . The insurance is based upon the household where the car is registered and the driving records of the household , but the insurance itself follows the car . "}
{"input": "Does Auto Insurance Go With The Car Or The Person? ", "output": "I can only answer this for the states of CA and NV . The liability does follow you as primary if the vehicle you drive does not have insurance in place to protect when the accident is your fault . Your insurance will act as a secondary if the liability claim exceeds the the primary 's limit and takes care of the difference up to its limit . If you rent a car and damage it you will be liable , unless your insurer did not exclude protecting the insured from comp & coll while using another vehicle . It gets a little complicated , but you will need to check with your insurer and see if the exclusion is there . In special circumstances all your coverage will follow you on another vehicle used as a substitute . If you do rent a vehicle , I would suggest getting the damage waiver from the rental company . Damages are waived that is normally less than your deductible . "}
{"input": "Does Auto Insurance Go With The Car Or The Person? ", "output": "Insurance in most states follow the driver first , then the car . Always when lending your car to someone make sure that person has his own insurance . Otherwise your insurance will pay , but it can effect your rates . Some states are no-fault , such as Michigan . In those states neither driver is considered at fault and each drivers own insurance pays for any claim "}
{"input": "Is Medicare Part B Worth It? ", "output": "In order to qualify for Medicare Part B you must be eligible and covered under Medicare Part A . If you do not accept Medicare Part B and pay the premium you will be responsible for all of your outpatient charges . This includes doctor visits , lab , imaging , infusion therapy , outpatient surgery , etc. . "}
{"input": "Is Medicare Part B Worth It? ", "output": "Medicare Part B is a necessity if Medicare is going to be your primary insurance . Part B covers doctor and outpatient visits for the diagnosis and treatment of your health conditions . These are outpatient services received at a doctors office , hospital , clinic , or other health facility . There is an annual deductible of $ 166 for medical services under Part B and after the deductible is met Medicare covers 80 % of those expenses . If you have a Medicare Supplement is will pay the 20 % Medicare leaves off . "}
{"input": "Why Do You Need Life Insurance? ", "output": "Video Transcript : Today 's question is : Why do I need life insurance ? You need life insurance if you have financial indebtedness , if you have beneficiaries that would have to pick up that tab if you were not there . We 'd also need future obligations that you want to be able to make sure that you protect ; it could be college planning , it could be retirement planning . Anytime you have obligations that you want to protect your beneficiaries from , whether it 's indebtedness , future obligations , even charitable intent , you want to make sure that you 're covered with life insurance . You can get coverage sometimes through group plans through work , you could buy individually , and sometimes you can buy small units with guaranteed underwriting so you do n't have to go through the underwriting process . Even simplified underwriting can do it . Whether you 're using full underwriting , simplified , or guaranteed , you can get the coverage that you need to protect your beneficiaries from the financial liability that you may incur . "}
{"input": "Why Do You Need Life Insurance? ", "output": "Some reasons for purchasing life insurance are as follows : 1 -RRB- To pay off debt or mortgage . 2 -RRB- To be collateral for a loan . 3 -RRB- As part of a divorce settlement . 4 -RRB- To raise children to adulthood . 5 -RRB- To provide their children with a college education . 6 -RRB- To use in business , such as key person or business succession . 7 -RRB- To fund funeral costs . 8 -RRB- To make a charitable contribution . 9 -RRB- To provide income for surviving spouse , live-in grandchildren , or adult disabled children . 10 -RRB- To pay estate settlement costs . Because life insurance pays quickly , is usually tax free , and can be left to the person -LRB- s -RRB- of your choice , it is a very popular vehicle to use for many financial needs . "}
{"input": "Why Do You Need Life Insurance? ", "output": "Everyone dies . What are you doing to protect your family when that happens ? Do you want them to exhaust your assets and savings ? Will that be enough ? Will they outlive your money ? The cost of Life Insurance , versus the benefits , is very low . With Term , you can start at a lower price . With Whole Life , you can borrow against it and pay for college or your home , or your retirement . Either way , something is better than nothing . New York Life offers a large variety of choices . "}
{"input": "What Is Life Insurance Volume? ", "output": "The term , Life Insurance Volume , is usually used with Group Life Insurance that is provided by the employer at the workplace . Life Insurance Volume refers to the face amount of the policy . It is often calculated as a factor of the employee 's salary . E.g. the employee might receive 2 times their annual salary of life insurance coverage , meaning that if the employee died , their beneficiary would receive a death benefit equal to double their annual salary . "}
{"input": "Can I Get Auto Insurance Quotes Without A Car? ", "output": "If you are considering the purchase of a car , then it is a good idea to receive a quote for insuring that car as part of your purchase consideration . In order to register a car , it is necessary in most states to be able to show proof of insurance as part of the registration requirements . "}
{"input": "What Is The Cheapest Car Insurance For A 21 Year Old? ", "output": "The cheapest car insurance for young drivers depends on many factors including your age , type of vehicle , driving record and where you live . An experienced broker , along with their website will provide you with the best chance of getting the best rates . That 's our job - Finding the cheapest prices from the most reputable companies . "}
{"input": "Is Medicare Enrollment Mandatory? ", "output": "If you have worked and paid into the system Medicare enrollment is automatic . You would already have paid for part A with your taxes . You can opt out of Part B but unless you have group coverage I would highly discourage it . Even if you currently have no health problems , if you enroll in Part B after your initial eligibility period you will have a penalty tacked on to your Part B premium that could be substantial depending on the length of time you went without Part B coverage . "}
{"input": "Is Medicare Enrollment Mandatory? ", "output": "Some will delay or opt out of Medicare Part B and do so without penalty . But occasionally some will want to opt out of Medicare Part A , even though there is `` no charge '' for the coverage . If you opt out of Part A be aware you are putting your Social Security check at risk . "}
{"input": "What Does Covered By An Employer Retirement Plan Mean? ", "output": "An employer sponsored qualified retirement plan is generally under a government regulatory body like ERISA , the Employee Retirement Income security Act of 1974 . These plans can be defined benefit or more likely today , defined contribution plans . The pretax contributions accumulate tax deferred until distributions , when they are taxed as ordinary income . "}
{"input": "How Does Premium Financed Life Insurance Work? ", "output": "Generally , high net worth individuals with liquid cash reserves and a high credit score investigate bank loaned premiums or premium financing . The banking institution may require a personal guaranteed beside the collateralization of the policy cash values . The leverage of borrowing premiums depends on the bank interest charge and the performance of the policy . "}
{"input": "How To Set Up A Retirement Plan? ", "output": "I can set up a unique portfolio for you in retirement . There are annuities , life insurance , and endowment , etc. . I would need to do analysis in order to find the best plan for you . These plans are much like any insurance policy that will require monthly premiums but work in different ways . Consultants will give you the best information and direct you to the best coverage . Age is one factor . Health is another and then your choice of what you.want to pay . I have all coverages and consultants to answer your questions . "}
{"input": "How To Set Up A Retirement Plan? ", "output": "How to set up a retirement plan ? The first thing you want to do is figure out your options . If your a business owner than their are tax advantages you can have for setting up a retirement plan for your employees . Some choices are 401k , IRA , SEP , Roth IRA , life insurance , pension plan . Once you know and learn which retirement plan you want to implement than the next step is paper work . You should always speak to a professional retirement planner . "}
{"input": "How To Set Up A Retirement Plan? ", "output": "There are many items to consider when selecting the right plan you you . You need to determine your tax bracket , your risk tolerance , your retirement date and your life expectancy.This will help you decide whether to use a quailifed or non qualified plan . individual plan or an employee sponored plan or market investments or savings vehilces . "}
{"input": "What Should Homeowners Insurance Cover? ", "output": "It is always a good idea to talk with your Insurance Professional about the particular coverage and benefits of your policy , but in a nut shell , a Homeowners ' policy provides coverage on your Home -LRB- dwelling -RRB- personal property and also provides Liability protection in the even you are held legally liable for injury or property damage . The Dwelling and personal property coverage should include a replacement cost settlement benefit and you should ask about any and all discount opportunities . "}
{"input": "What Should Homeowners Insurance Cover? ", "output": "The basic question should be , what would it take to make you whole . You would want your residence restored , your property replaced and you would like to know that in the event of a lawsuit you would be defended and any judgment would be paid . That basically means that you should deal with a trusted agent and set the liability limit as high as the company will write and set the property limit at the full replacement cost . You should inventory any of the items that have restricted coverage and purchase additional coverage for your jewelry , guns , collections and other high value items . "}
{"input": "Where Should I Buy Car Insurance? ", "output": "From a local agent that you are comfortable with . This person will be a great source of insurance information when you have questions and will also help ensure that you are happy with the carrier that you are with . If you have problems with billing or claims they can normally help get your issue resolved in a timely manner without the headaches to you . "}
{"input": "What Is Life Insurance Net Cash Value? ", "output": "The net cash value of a life insurance policy is the amount of cash that you would receive if you were to surrender the policy . It is the current cash value accumulation , minus any fees or surrender charges . The net cash value will also subtract from the cash value , any loans you had taken out against your policy . "}
{"input": "What Is Life Insurance Net Cash Value? ", "output": "Life insurance net cash value is the amount of cash value less the amount of any loans that the insured has taken against the cash accumulation in the policy . Since this event is not taxable , many owners of whole life insurance borrow the values from the policy versus getting a commercial loan . Keith Prim Dallas , TX 214-435-0791 "}
{"input": "Is Life Insurance Ever Tax Deductible? ", "output": "Life insurance in general is not tax deductible . However , in several instances it can be . The two most important taxes to considering a deduction is income tax & estate tax . Under income tax , life insurance is deductible inside a qualified retirement plan , like a pension or profit sharing . There are some other instances that it may be deductible for a company . In regards , to the estate tax , life insurance is not really deductible , but it can be taxed heavily if not set up correctly . The ownership of the life insurance policy determines if it is included in the estate & taxed or excluded from the estate and not taxed ! In all cases , base to seek competent advisors . "}
{"input": "Is Life Insurance Ever Tax Deductible? ", "output": "In Canada , life insurance premiums can be partially deductible by a corporation if a lender requires life insurance on a loan . The potion that is deductible is the `` Net Cost of Pure Insurance '' which is calculated based on a table provided by the government . Theoretically , cash value life insurance can be registered as RRSP 's with the savings portion being deductible In practice companies do not permit the registration . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Is Life Insurance Ever Tax Deductible? ", "output": "No . The premiums can not be taken as a deduction on your tax return . Life insurance proceeds are not subject to income taxes however -LRB- and can be structured to not be included in the calculation of the size of the estate for estate tax purposes -RRB- . There are situations where a portion of the premiums may have a taxable benefit for an employer -LRB- for group life insurance/business purposes -RRB- for the premiums above the amount required for $ 50,000 of coverage . "}
{"input": "Is Life Insurance Ever Tax Deductible? ", "output": "Generally nolife insurancecannot be tax deductible for an individual . mainly because life insurance proceeds are distributed tax free . However , the exception would be if the life policy were in a qualified retirement plan . For business owners and companies life insurance can be tax deductible up to a $ 50,000 face amount on employees if the employer is paying the premiums . "}
{"input": "Is Life Insurance Ever Tax Deductible? ", "output": "Yes , life insurance premiums can be deducted by businesses , in some situations . For individuals , the only way that a portion of life insurance premiums may be deducted is if they are being paid for a policy within a qualified plan . This is the best article I found to explain the complexities of this option : WEBSITELINK "}
{"input": "What Happens If You Don't Have Car Insurance In Arizona? ", "output": "Great Question . Insurance is the Law in Arizona you must have at least liability insurance to operate a car and also to get your car plates in Arizona . The cost is not very expensive for liability insurance in Arizona ranges are $ 40 - $ 60 a month for that type of coverages . "}
{"input": "Can A Cpa Sell Life Insurance? ", "output": "Anyone who meets their state 's requirements to hold a life insurance license and gets appointed with at least one life insurer can sell life insurance . The question becomes : Can one have a practice in accounting while selling life insurance ? In many states , the answer is yes . Some states do not permit accounting or legal professionals to be active while also selling life insurance . You can be a CPA , not be active in accounting and sell life insurance . "}
{"input": "What Are Disability Benefits For Social Security? ", "output": "Social Security disability insurance pays benefits to you and certain members of your family if you have earned enough work credits to be considered `` insured '' . Four work credits can be earned each year . In 2014 , you receive one work credit for each $ 1200 of earnings , up to the yearly maximum of four credits . How many credits you need for disability benefits depends on how old you are when you are disabled . If you become disabled prior to age 24 , you need 1\u00a01/2 years of work -LRB- 6 credits -RRB- in the three years before you became disabled . For ages 24-30 , you need credits for half of the time between age 21 and when you became disabled . If you are 31 or older , you need at least 20 credits during the 10 year period preceding when you were disabled . Like most things associated with Social Security , it is a bit more complicated than this example . Remember , the worker has to have paid into Social Security to be qualified . There are `` survivor '' benefits as well . When a person who has worked and paid Social Security taxes dies , certain members of their family may be eligible for survivors benefits . Up to ten years of work is need to be eligible , depending on the person 's age at the time of death . A widow/widower can claim full benefits at their full retirement age and reduced benefits at age 60 . A disabled widow/widower can claim as early as age 50 . Divorced spouses under certain conditions can also claim survivor benefits . Unmarried children under age 18 -LRB- 19 if they are full time in elementary or secondary school -RRB- , some step-children , adopted children and grand children can also receive survivor benefits . There are many other situations where survivor benefits can be claimed such as a widow or widower of any age that takes care of a deceased person 's child under the age of 16 or disabled , and receiving Social Security benefits . Children who were disabled prior to their age 22 and remain disabled , and in some cases , dependent parents who are age 62 or older . As you can see , there are a lot of rules and regulations surrounding disability benefits for Social Security . Seek out someone who knows the rules . "}
{"input": "What Is A State Health Insurance Exchange? ", "output": "A health insurance exchange is a government-run marketplace where people can buy health insurance plans . You have plans choices available that are on the exchanges and off the exchanges . The key difference is the subsidies . You can only get a subsidy if youre buying your coverage on an exchange they can not be used towards plans purchased off the exchange . An advantage of buying a plan off the exchange is you will generally have more choices available for you to choose from . The same plan that is offered on the exchange and off the exchange may have some differences as well . Plans that are on the exchange may have more regulations , therefore requiring they feature additional benefits directly through the plan as opposed to needing a separate stand alone policy to provide the supplemental benefit -LRB- e.g. vision care , dental care , etc. -RRB- off the exchange plans may not be subject to the same standards . Off the exchange plans must still meet the requirements of the Affordable Care Act -LRB- including offering the 10 essential health benefits -RRB- . Its important to remember than not every plan that is offered off the exchanges will be available on the exchanges . Carriers reserve the right not to offer coverage on the exchanges . Thus , some states may have numerous plan selections for consumers where others may have limited choices . Also , not every type of health insurance plan is available on the exchanges short term policies and large group policies are not offered on exchanges at this time . There 's a lot of moving parts to health insurance and given the issues that have occurred with the new healthcare system rollout , it 's highly recommended you work with an experienced health insurance broker to make sure everything is in good order for your program . I hope the information is helpful - please feel free to contact me for help or if you have any other questions . Thanks very much . "}
{"input": "Does Home Insurance Cover Dry Rot? ", "output": "Dry rot would not typically be covered under a homeowners policy . This would normally be considered a maintenance issue for the homeowner . 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": "What Is Health Insurance Allowance? ", "output": "A health insurance allwance is a type of defined contribution employer benefit plan.This type of benefit is usually structured into a Premium Reinbursment Account or a PRA which is basically a form of a Health Reinbursment Account or a HRA . Basically a PRA will be set up by employers who do not offer their employees traditional group health insurance options , and will consist of a flat monthly contribution to each eligible employee that is used to pay for part or all of the premiums for individual health/ancillary coverage . This practice will most likely see a large reduction in popularity because of PPACA regulations . This is because PRA 's do not qualify as qualified health plans offering minimum essential coverage , which means that in the eyes of the government the employer is not offering health insurance and therefore can still be penalized . Also one of the great benefits to a PRA was the pre-tax funding that escaped payroll taxes and lowered the businesses total tax liability . This feature has been eliminated by healthcare reform , which only allows such PRA funding arraingements on a post tax basis . "}
{"input": "Should I Carry Long Term Disability Insurance? ", "output": "It really depends upon your current financial situation . If you have saved enough money that you no longer need to work in order to live , then you may not need long term disability . However , if you could not live for an extended period of time without income , then you should give long term disability insurance a serious consideration . You may purchase up to 70 % of your current income in protection on a long term disability plan . "}
{"input": "How Does Medical Expense Insurance Differ From Disability Income Insurance? ", "output": "Medical Expense Insurance and Disability Income Insurance are both morbidity insurance products . Medical expense insurance pays for bills incurred through the hospital stays , visits to the ER or doctors office . Disability income insurance is paycheck protection and generates income during periods of disability . "}
{"input": "When Will Car Insurance Total A Car? ", "output": "A general guide is when the estimated cost to repair is proportionally greater than the relative value of your car , it is likely that the insurance company will determine the car to be a total loss . Take a look at a valuation source like Kelly Blue Book or NADA for example and determine the value of your car . If the repair cost meets or exceeds 70 % of that figure , as a practical guideline , the car would probably be totalled . "}
{"input": "When Will Car Insurance Total A Car? ", "output": "The simple answer is if the amount to repair your vehicle exceeds the market value of the vehicle then the vehicle will be considered a total . For example : If your vehicle has a market value of $ 5,000.00 and the damages are $ 5,500.00 the vehicle will be a total . If the same vehicle suffers damages of $ 4,500.00 the vehicle will be repaired . However if the damages get to close to the value of the vehicle the insurance company may elect to total the vehicle as there may be ongoing issues that can cost the insurance company more money . The insurance company will chose the option that costs the insurance company the least amount of money . Of course safety to the consumer is always an important consideration as well . I have seen vehicles with very low market values become totaled for a minor fender bender and I have seen expensive vehicles suffer major damage and still end up being repaired . If the damages can be fixed properly for a lower cost then totaling the vehicle , then this option is almost always the first option . Insureds will have very little say so in choosing to total their own vehicle as how damages are handled are written in the contract . "}
{"input": "How Much Does Short Term Life Insurance Cost? ", "output": "Short term life insurance , such as 5 year Term or 10 year Term , can cost much less than life insurance locked in for longer periods of time , such as 30 year Term Life insurance or Universal Life . However , when that short term is complete , the price for that policy will jump extremely high . If the insured person 's health has gotten worse during that time , he/she may need to pay much higher premiums or possibly may not even qualify for a new life insurance policy . Therefore , it is important to look at the need involved , when purchasing a life insurance policy . If you are 40 years old and want it to cover your children going to college , getting a short term policy may suffice . If you want it to pay for your funeral , then it is better go with some type permanent plan . "}
{"input": "How Much Does Short Term Life Insurance Cost? ", "output": "That depends on many factors including gender , age , insurability , amount , etc. . For example , a very healthy male age 40 needing term life insurance for 10 years could expect to pay the equivalent of as little as $ 1 per day for $ 500,000 coverage at preferred classification rates with many life insurers . "}
{"input": "How Much Does Short Term Life Insurance Cost? ", "output": "Generally short term life insurance is defined as 5 to 10 years of coverage . A male or female super preferred , non-smoker desiring term life insurance coverage for ten years will pay between $ 75 - $ 85 . It depends on your age , gender , health condition , hazardous vocations , recreational activities and motor vehicle violations . "}
{"input": "How Much Is AARP Life Insurance? ", "output": "AARP is not an actual life insurance company . They are an organization that endorses and recommends different insurance products to consumers . Typically , the cost of life insurance depends upon many factors , including yourageand health status . Also , the type of life insurance coverage you purchase will impact the cost of the plan . "}
{"input": "How Long Can A Life Insurance Company Take To Pay A Claim? ", "output": "Life insurance is designed to pay claims very quickly . It can take a little as a few days to a few weeks from the time the insurance company receives the death certificate and completed forms from the authorized party . In the event of death in the first two policy years , the insurer will need more time to investigate the claim as death occurred within the two year contestability period of the policy . Even then you are likely still looking at a few weeks but it can take longer . State laws determine maximum time and they vary so check with your state 's department of insurance . "}
{"input": "How Long Can A Life Insurance Company Take To Pay A Claim? ", "output": "The time that it takes to get your life insurance benefit will partly depend on how long it takes you to get the certified death certificate . Once that is received , you send it in along with a completed death claim form , and from then on it can take a couple weeks to a couple months . "}
{"input": "How Do You Sell Single Premium Whole Life Insurance? ", "output": "Selling single premium whole life insurance is for someone who has a lump sum of money wanting to purchase life insurance . These larger sums give you immediate cash value along with the death benefit . In many cases these products are simplified issue meaning minimal underwriting is necessary . The typical client I see using this product is 45 and up and of course has some liquid funds available . This is not for everyone however . Other insurance products may be a better choice . For marketing material and more information do not hesitate to contact me . "}
{"input": "How Do You Sell Single Premium Whole Life Insurance? ", "output": "A single premium whole life insurance policy is the lowest net cost policy available at a given age . It compares favorably with a Certificate of Deposit . It is an excellent way for a retiree to provide legacy gifts without the strain of trying to retain assets to pass to heirs . It has been sold in the past because of its return . "}
{"input": "How Do You Sell Single Premium Whole Life Insurance? ", "output": "When selling single premium whole life insurance , you can go at it from two ways . One is to find your client the highest face amount for the cash they have on hand . This involves looking at their health and other risk factors , and comparing products from different companies , to determine where they can get the most bang for their buck . The other way is to find their best quote for the face amount they want , just as you would do for them if they were paying on a regular basis . "}
{"input": "Can Someone With No Car Insurance Drive My Car? ", "output": "Yes it is possible for someone with no insurance to drive your vehicle . Be aware that if you gave them permission to drive the vehicle then you will more than likely be held responsible for any damage that they may cause when using that vehicle which may intern affect your insurance premium . "}
{"input": "When Can You Receive Medicare Benefits? ", "output": "Most people will become eligible for Medicare when they turn 65 . If you are a US citizen or legal resident and have at least 40 Social Security wage quarters , have lived in the US for at least 5 years , you should be eligible for Medicare . If you are covered under a group health plan you may want to delay participation in Medicare Part B. "}
{"input": "How Late Can You Be On Car Insurance? ", "output": "Technically there is no grace period when it comes to auto and home insurance . If you fail to pay on time and are involved in an accident you may be deniedcoverage If you are a few days late most companies will accept the premium with no lapse of coverage . If you are running late with your premium call your agent . "}
{"input": "Can Life Insurance Be Sold As An Investment? ", "output": "Can life insurance be sold as an investment ? Short answer `` yes '' . Now the difficult part , define investment ? Does life insurance fit the current version of the definition of the word investment ? I say current version because what is and what is n't an investment has changed over the years . Now days investment as a definition carries far more RISK in it than can be found in a traditional cash value life policy . Should life insurance be a part of a person 's investment portfolio ? In most cases yes as life insurance can be part of a financial plan that fits a person 's risk tolerances . But life insurance should n't be primarily sold as an investment . State insurance offices frown upon it , yet an entire segment has been set up to sell life policies on other people as investments for the death benefits . "}
{"input": "How To Save For Your Retirement At 30? ", "output": "The fact that this is your question is significant . I often ask people to take their picture and go to the internet where they can have the picture morphed to age 65 . When they have the picture , ask the picture what they should do for retirement . You are never too young to begin saving for retirement and if you are thirty there is an awfully good chance that you will spend almost half of your life retired . If you are working for a company that offers a retirement program , that is the first place to look . What you are looking for is the maximum amount that your employer will match of your contributions and what you must do to get those matching funds . This is free money and is best regardless of other difficulties you might see with the plan . At the same time check the vesting schedule to see if you will be able to actually receive those benefits depending upon how long you reasonably expect to work for the company . Since your company controls all the investments that your retirement plan might have , you might want to think twice before contributing more than the minimum required to get the maximum matching funds . It is worth noting that the company sponsored plan is probably covered under ERISA and that gives you some guarantees you can not get elsewhere . The whole financial world is out looking for additional contributions that you might want to make to your retirement . My first advice is to get a planner with whom you are comfortable . Some planners dont listen well and you really want one that will listen to your dreams and aspirations . The planner you want will communicate clearly with you and with any companies that help manage your money . It will be his job to match your dreams to your abilities to provide for those dreams . If your planner constantly boasts about his advice and returns on investment , look for the exit . High returns on investments often go hand in hand with disastrous results . The fundamental thing to remember about retirement planning is that return on investment is not the key issue . The key issue is shifting consumption . When you move capital to your future you accomplish your mission . Fundamentally , saving for retirement is consuming less now so you can consume more lately . The return on investment is frosting on the cake . Many who leaned on return on investment found themselves unable to retire in 2008 . That was recently . Without stepping into your planners shoes , I would like to point out that you are probably in a lower income tax bracket now than you will be in the future . This makes it important to consider a Roth IRA as your funding vehicle . While not giving you a current tax break it does provide a retirement benefit that can not be obtained elsewheretax free income . There are other significant benefits but being able to drawn down a tax free account is a wonderful option . "}
{"input": "What Equipment Will Medicare Pay For? ", "output": "Medicare will cover the rental , and sometimes purchase , of DME -LRB- durable medical equipment -RRB- deemed to be medically necessary . Your doctor must have evaluated your condition and completed a CMN -LRB- certificate of medical necessity -RRB- . You should only obtain equipment from a Medicare approved provider that accepts assignment . This will minimize your out of pocket . "}
{"input": "Can I Cancel A Renters Insurance Claim? ", "output": "Once claims are filed they stay with you and in most states can not be `` removed '' . You can decide that you do n't want to take any claim money and at that point it would be a zero paid claim . This has always bothered me as an agent but when calling the state department of insurance no one will give a straight answer as to why insurance companies can not take it off of your policy . "}
{"input": "How Much Term Life Insurance Should I Have? ", "output": "Term life insurance is intended to cover needs that have a set time period . E.g. . A 30 year mortgage can be protected by purchasing a 30 year Term life insurance policy . So you can determine how much Term life insurance you should have by looking at the need to be covered . E.g. if your mortgage is for $ 200,000 , taking out a 30 year Term policy of $ 250,000 -LRB- enough to cover the mortgage plus misc other expenses that would be incurred upon death -RRB- would be a good amount to purchase for that particular need . Figuring this out for each temporary need , then lumping them together in the length of policy needed , can be a cost effective way to buy Term life insurance . "}
{"input": "How Much Term Life Insurance Should I Have? ", "output": "If your present liabilities and future obligations are temporal , then term life insurance is a consideration . To determine your coverage you need to total your debts , your future obligations and your earning ability . The sun total of all this categories will give you an idea of the amount of coverage you need to protect your loved ones or business associates . "}
{"input": "How To Get Life Insurance Quotes Online? ", "output": "Life insurance quotes are distributed through career , brokerage and company direct . Historically these offerings have not been as competitive as brokerage distribution channels , who offer many life insurance products from various companies . Some of these companies are on line . If the web site doesnt display several companies or a calculator that displays a spreadsheet of all companies , its not worth reviewing . "}
{"input": "How To Get Life Insurance Quotes Online? ", "output": "Different websites have different ways of giving quotes online . With ours , you can put in your information and get quotes instantly , then change the variables to get different types of quotes . We also give average quotes for some health conditions . With others , you put in your information , then someone calls you with the actual quote . Either way , it is a good idea to talk to an agent to give the extra health details , help you decide the amount , and finalize your best , most accurate quote . "}
{"input": "is being wheelchair bound an automatic disqualification for life insurance? ", "output": "I actually just got someone who is a paraplegic a very good rate on life insurance . One big plus was that he lived with his family , drove his own vehicle to work , and has many coworkers at the office . One big underwriting concern is the ability to vacate the premises in case of an emergency . Wheelchair-bound people who live by themselves are very tough to underwrite for that exact fear . Other issues include complications and organ dysfunction due to lack of mobility . By and large you can be eligible for coverage , but it requires some very careful prequalification to make sure all the quote information is thorough and accurate , and that the carriers fully understand how you are managing all medical and lifestyle issues . "}
{"input": "is being wheelchair bound an automatic disqualification for life insurance? ", "output": "No , being in a wheel chair is not a disqualification in itself . In addition , may carriers will insure an individual with cerebral palsy although it will be a highly rated -LRB- more expensive -RRB- case . Your best interests would be served by an independent agent that can access many carriers to get a clear idea of his insurability . "}
{"input": "is being wheelchair bound an automatic disqualification for life insurance? ", "output": "No , being wheelchair bound is not a reason for a life insurance application to be automatically declined . However having cerebral palsy will have a significant impact on his insurability , as well as the type of policy and company that will be best for him . With many companies you can submit what is called a trial application . This simply means that the company will obtain his medical records -LRB- with his consent of course -RRB- and determine exactly what rate class he qualifies for before discussing policy specifics . With any life insurance application , the rate quoted is not guaranteed until the underwriting process is finished . By completing the underwriting first his agent will know exactly what he qualifies for and exactly what the premium will be . Your son wo n't potentially waste a lot of time discussing what the agent thinks the rate will be , he will know for sure . "}
{"input": "is being wheelchair bound an automatic disqualification for life insurance? ", "output": "That is a great question ! The wheelchair itself is for some companies , but for most it 's the reason for the wheelchair that is . In the case of your son , I 'd strongly suggest that you find a local independent agent who can help you look for an affordable policy . There are companies that will write a policy for your son . What you want to be aware of and look for , are how the policy will be classified . There are policies issued for people with no big health issues , policies for minor health issues , and policies for people with bigger health issues . These policies are called `` graded '' , modified '' , or `` guaranteed issue '' policies . They all are more expensive , and will have a period of time where the return on the policy will be reduced , if your son were God forbid , pass . That is where the agent can really help . You want to find the most affordable price , with the shortest grade -LRB- the period of reduced payment of benefits -RRB- , and the highest return to you . Good luck in your search , if I can help in any way please feel free to contact me , and thank you for asking ! "}
{"input": "is being wheelchair bound an automatic disqualification for life insurance? ", "output": "No , being wheelchair bound is not an automatic disqualification for all life insurance , but is an automatic decline for most . Your best bet is guaranteed issue life insurance , which does not ask any health questions at all . However , there are very few options like that for persons under age 50 . If your son is able to transfer independently , it may be possible to get him a simplified issue policy , that asks some -LRB- vs no -RRB- health questions . Finally , there are some companies that will consider a fully underwritten policy of any size if the wheelchair bound person is able to handle full time employment , transfer independently , etc. . Unfortunately , this would not be your son 's case , so not an option for him . I wish you and your son the best . Please feel free to contact me to discuss personally . "}
{"input": "Can You Deduct Disability Insurance On Schedule C? ", "output": "If you are self employed and paying the cost of your health and disability insurance then it may be tax deductible . It is always good to consult your tax adviser for your individual situation however since each situation is different . For example , some people operate a side business and file a schedule C . Their insurance is paid through an employer . In this case , even though they file Schedule C , the premiums they pay may not be deductible . "}
{"input": "Can You Deduct Disability Insurance On Schedule C? ", "output": "Unless you are an employee of the corporation which is not schedule C , then disability insurance premiums are not tax deductible . Your must pay with after tax dollars . Here is the good news , because you pay premiums with after tax dollars if you ever draw benefits those are tax free for you . Think of it as paying taxes on the seeds and not the harvest . "}
{"input": "Why To Have Disability Insurance? ", "output": "The reason for having Disability Insurance is to provide for yourself and your family if you were to become disabled and unable to work . Most disabilities only last a few weeks to months , but some disabilities can last years or are permanent . Having income coming in during that time is an important benefit of disability insurance . "}
{"input": "Why To Have Disability Insurance? ", "output": "Disability insurance is important because more people are injured on the job at record numbers . Disability Insurance will replace income when the worker can not perform living functions or their daily work routine . In other words they ca n't work and bring home income in order to pay living expenses . Workers Comp will pay only if employee is injured on job but an individual policy will pay for on and off the job inquiries . "}
{"input": "How To Switch Life Insurance Companies? ", "output": "In short , you ca n't simply switch companies for your existing coverage - you need to apply for a new policy with the new carrier and go through new underwriting . Once the new coverage is in force , you can let the old policy lapse on its own -LRB- by no longer paying the premiums -RRB- or outright terminate it . The advantage of buying a new term insurance policy is that you have a new term period to work with . For permanent insurance , you may find a policy that offers lower monthly premiums or features better guarantees inside the policy - completing a 1035 exchange -LRB- rolling over the cash value of the old policy to the new policy -RRB- can reduce your monthly premiums . If you have a term insurance policy , you may have a conversion option available that would allow you to convert all or a portion of the face amount from a term policy to a permanent program - this keeps the same risk class as the earlier program and does not require any new medical underwriting -LRB- a great advantage if you 've got preferred rates and have a medical condition that puts you at standard or sub-standard rates or would otherwise decline you under a new policy -RRB- . "}
{"input": "How To Switch Life Insurance Companies? ", "output": "Great question ! To give you a simple answer , you just apply for a new one , and once covered , write and surrender the old policy . Some things to consider first though - if the policy is graded or modified , you will have to go through the grade period again ; and if you have a significant amount of cash value in the old policy , or loans through it , what are the ramifications of replacing the policy in regards to that cash ? There can also be problems if you apply to several companies , and are denied coverage for some reason by one or more of them . I would advise you to talk this through first with a trusted agent before making a move . If you would like more information , contact me , I 'd be happy to help . Thanks for asking ! "}
{"input": "How To Switch Life Insurance Companies? ", "output": "If you want to switch life insurance companies , you simply apply for the new policy , then drop your current policy after your new one is in place . Some companies also offer promotions that allow you to convert your term insurance from another company , to a permanent policy with their company . "}
{"input": "Does Renters Insurance Work For Roommates? ", "output": "In order for roommates to be covered by renters insuranceroommatesmust be listed on the policy . Many companies will not cover more then 1 roommate so often times each person residing in the property would need to purchase their own renters policy as well . AnInsurancecompany will assume a risk based on the application and does not look to cover what they have not been made aware of . Especially in a liability situation . "}
{"input": "Can You Get Life Insurance On Another Person? ", "output": "Yes , you can get life insurance on another person . It is not a requirement that life insurance be just taken out on yourself . As Steve said , you must have an insurable interest in the other person . When you get life insurance on another person , you can be the owner , payer , and/or beneficiary of that policy . Usually , but not always , the people who pay the premium also want to own the policy , because the owner can change the beneficiary . "}
{"input": "Can You Get Life Insurance On Another Person? ", "output": "Life insurance policies are issued on the basis of insurable interest between the policy insured and the policy beneficiary . To establish insurable interest between two parties , you must demonstrate financial exposure or potential loss to the beneficiaries based on the death of the insured . Generally accepted parties are family members , business partners and charities who depend of the benevolence of the insured . If you cant establish insurable interest and financially justify the amount of coverage , the policy will not be issued . "}
{"input": "Who Could Be Named The Beneficiary Of A Life Insurance Policy? ", "output": "If the policy is on you and you are owner of the policy , you can generally name whoever you want as beneficiary . If you own the policy on the life of someone else , then the beneficiary should have an insurable interest with the insured -LRB- e.g. you buy a policy on your child and name their live in partner as beneficiary -RRB- . If you are able to purchase a policy on someone else , you already have an insurable interest in the insured , so can be the beneficiary yourself , in most situations . Keep in mind that different life insurance companies can have different determinations of what is allowed . Check with a broker beforehand to find out which carriers will work with you to set up the type of policy arrangement you need , or to set up your policy in another way to accomplish your goals . "}
{"input": "How Much Does A Million Dollar Life Insurance Policy Cost? ", "output": "A one million dollar life insurance policy can be purchased for $ 20 per month . But only if you are a perfectly healthy 21 year old non-smoker . And that rate will only be guaranteed for 10-years . Life insurance is sold at different prices to different people . No two people have the same health history , gender , smoking status , family history , etc. . Plus you may only need your term life policy for 2 -- years and your twin brother may want his for his entire lifetime . That will greatly affect the price . "}
{"input": "How Much Does A Million Dollar Life Insurance Policy Cost? ", "output": "To see what a million dollar life insurance policy might cost for you , you can visit a website that offers free , instant life insurance quotes . That way you can put in different term lengths and health factors to see what the cost for your million dollar life insurance policy would be for different products and with different risk factors . Contact the website personally to confirm your quote . "}
{"input": "How Much Does A Million Dollar Life Insurance Policy Cost? ", "output": "There are several factors that determine what one might pay for a one million dollar policy . The applicant 's age is the first thing to consider . The next issue is the applicant 's health , which determines the rate class that the insurance company offers . Then there is the type of insurance . Even term insurance , which only provides a death benefit with no living benefits will vary in cost depending on the level-premium timeframe chosen . "}
{"input": "How Much Does A Million Dollar Life Insurance Policy Cost? ", "output": "I would n't be able to provide a figure for your without knowing more about what coverage structure you 're looking for and your medical history . The cost -LRB- premium -RRB- for a $ 1,000,000 life insurance policy depends on a number of factors so it will be different for everyone . These factors include their age , gender , how long they want the coverage for -LRB- 10 , 15 , 20 , 25 , or 30 year term insurance vs. permanent insurance -RRB- , and their risk classification -LRB- determined by the medical history -RRB- . 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 . Please keep in mind - every carrier has their own set of underwriting guidelines , 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- . I would suggest consulting with an independent life insurance broker who can work with you on a personal level and help determine which carrier will be able to offer you the desired coverage at the lowest possible cost . Online `` instant quotes '' only provide input based on teh factors entered in , but not necessarily what you will qualify for - this is why talking to an agent is critical for providing the most accurate information for you . I hope the information is helpful - please feel free to contact me for assistance with your coverage , including quotes and policy comparisons , and if you have any other questions . Thanks very much . "}
{"input": "Why Have Critical Illness Insurance? ", "output": "It will provide coverage for conditions more easily than long term care insurance . Critical illness coverage is not a substitute for long term care but is a complementary coverage . The claim rules for Critical Illness are able to be met in circumstances where long term care 's SADL 's would not be satisfied . "}
{"input": "Will Homeowners Insurance Cover Cracked Chimney Liner? ", "output": "If the crack in the chimney liner was caused by a covered loss and the crack is a detriment to the safety of the residents or adversely affects the property it may be covered . Every policy is different . Please read your policy completely to understand what coverage is provided and what exclusions there may be . "}
{"input": "Will Homeowners Insurance Cover Cracked Chimney Liner? ", "output": "A cracked chimney liner may be covered under your homeowner 's insurance if it was due to a covered peril , such as fire , theft -LRB- OK ... Nobody would want to steal it -RRB- or vandalism . However , wear and tear , along with depreciation , are not covered . So if a claim is submitted for that reason , it will not be paid . "}
{"input": "Can You Cancel Progressive Car Insurance At Any Time? ", "output": "You have significant power to walk away from any insurer . Most states operate with regulations regarding how a cancellation in mid term is treated . Before you leap to canceling your Progressive policy , check with the Insurance department in your state . They will know whether there is a requirement to pro rate the premium or not . Pro rated cancellations are the norm and this is how that works . If you cancel an annual policy for which you paid the whole premium and you cancel at exactly six months , then the company will return to you 50 % of the premium . So , just make sure what the cancellation requirements are in your state . "}
{"input": "Can You Cancel Progressive Car Insurance At Any Time? ", "output": "States require that we have insurance in order to register a car , but no one can require you to carry coverage from any specific insurance provider . Insurance coverage can begin and end when you decide -LRB- unless you fail to pay your premiums and then the decision is out of your hands , of course -RRB- . Companies may or may not surcharge for midterm cancellations , so there is a possibility that you may not receive the refund you think you should , so there is that consideration of course . Here is the thing though . Think about what you are doing regardless of the sompany . Never , ever , cancel a car insurance policy UNTIL you have arranged for replacement coverage . Driving without insurance is not only against the law in most States , the financial consequences you face whould you cause an accident wile there is a lapse in coverage can be pretty devistating . "}
{"input": "What Does Renters Insurance Protect Against? ", "output": "Renters Insurance protects your personal `` stuff '' . Not the apartment or house you are renting but your possessions . It is important to `` log '' what you have , use pictures , take a video of the rooms to help identify what you have . Be sure to talk to your agent about getting the renters insurance which replaces your `` stuff '' , rather than just pay you the current value . There is a difference . "}
{"input": "Is Disability Insurance Portable? ", "output": "The portability of disability insurance depends on how the policy was set up at point of purchase . If it was an individually underwritten plan and paid for by the owner , then yes it can not be cancelled due to change of occupation or health . If the plan was through a group it is advised to ask the benefit administrator or human resources director how the policy was set up . The short answer is some group disability policies are portable and some are not . "}
{"input": "Is Disability Insurance Portable? ", "output": "Traditionally group disability insurance is not portable if offered under a standard group long term disability plan -LRB- aka LTD -RRB- . However , if the policy is purchased as part of a guaranteed issue group plan , the policy may be portable by the insured , this depends on the carrier and their practices regarding such things . "}
{"input": "Is Disability Insurance Portable? ", "output": "One of the advantages of individual disability insurance polices is that they are portable . Some group insurance plans do offer the ability to convert your group coverage under certain circumstances -LRB- check with your provider -RRB- . If you have further question , or feel that I could be of assistance , please do not hesitate to contact me . "}
{"input": "Does Home Insurance Cover Roof Replacement? ", "output": "It can , but it is always a good idea to talk to your Insurance Professional about the specific coverage that your policy provides . If the entire roof is destroyed by a covered peril in your policy , then the full roof replacement would more than likely be covered , however subject to your deductible . If only a portion of the roof is damaged , then it may be that only that portion would be covered . "}
{"input": "Does Home Insurance Cover Roof Replacement? ", "output": "The answer to your question depends on the underlying cause for replacement . If you need to replace the roof due to wear and tear , then it 's considered routine home maintenance and is not covered . However , if the roof is damaged by windstorm or by another covered peril , then you likely will have coverage , subject to the deductible of your policy . "}
{"input": "What Is The Purpose Of Medigap Insurance? ", "output": "The purpose is to provide financial coverage for the `` gaps '' in original Medicare Parts A and B. Original Medicare is very good health insurance , however does not pay for all beneficiary health care costs . For example , Medicare Part A -LRB- Hospitalization -RRB- requires beneficiary payment of a $ 1,260 deductible in 2015 . The Part B -LRB- Doctors costs -RRB- has a $ 147 annual deductible , plus requires the beneficiary to pay 20 % coinsurance of the Medicare approved amount for the bills . There are other exposure items as well , but it is easy to see that a given health situation could potentially lead to some significant bills for the beneficiary even though they have insurance . Medigap Insurance is designed to pay these bills in exchange for the payment of a monthly premium , thus trading an uncertain potential financial exposure for a certain monthly payment . It 's a good idea to find a licensed insurance agent who is experienced in Medicare plans to assess your needs and objectives and offer optimal solutions to limit your financial exposure . "}
{"input": "What Is A Deferred Gift Annuity? ", "output": "It is a contract with a charity in which the charity will agree to pay a certain amount of money , normally monthly , to one or even two people , during their life . This will be done in return for cash or property given to the charity . These plans permit a person to pass assets to a charity while insuring them of a stream of income . The stream of income is guaranteed by the full assets of the charity . "}
{"input": "How Long Is A Car Insurance Premium? ", "output": "The majority of auto policies today are written on a six month basis . Some companies issue policies for one-year . Very few exceed that period of time . The full year policy is preferable if everything else is equal because it will not make a mid-year correction . I suppose there are situations where the 6 month policy could be preferable . "}
{"input": "What Happens When Your Life Insurance Lapses? ", "output": "That is a great question ! Generally what happens is that if it can be addressed relatively quickly , the agent can request a reinstatement form . The applicant and the agent then fill out the application , and resubmit for coverage . That is the good news . The bad news is that the client will need to submit the premium that is back owed , plus generally two months in advance . That can be pretty pricey . The reinstatement process can take anywhere from 30-60 days . Thanks for asking ! "}
{"input": "What Happens When Your Life Insurance Lapses? ", "output": "The term `` lapsed '' in life insurance means that the policy is no longer providing coverage in the event of the insured 's death . This is usually due to a lack of premium payment . Each policy will provide a grace period -LRB- typically 30 days -RRB- from the premium due date to submit the necessary premiums to keep the coverage going . If the grace period has expired on the policy , you would likely need to apply for reinstatement with payment of back-premiums to put the policy back in force - evidence of insurability may be required depending on the carrier and how long it 's been since the policy lapsed . Please feel free to contact me for further assistance . Thanks very much . "}
{"input": "What Happens When Your Life Insurance Lapses? ", "output": "If your Term life insurance policy lapses , you have a one month `` grace period '' to pay the missed premium and keep your policy in force . If you missed paying two months ' premiums , you might reinstate your policy by filling out paperwork and catching up the premiums . This does not require taking a new exam , but the insurance company may order medical records to determine if you are still medically eligible to get your policy back at the original health rating . The same applies to Whole Life , but with Whole Life you may still have the option to take out the cash value of the policy or turn your policy into a reduced paid up policy . "}
{"input": "What Happens When Your Life Insurance Lapses? ", "output": "Life Insurance lapses are caused by not paying the premium . When this happens you no longer have coverage . Before a policy lapses , it falls into a grace period which is an opportunity to catch up on payments . When a policy lapses you may be able to reinstate the policy however this is not guaranteed . "}
{"input": "How Much Is One Year Of Homeowners Insurance? ", "output": "Since homes are not alike the premium charged by an insurance company will be different depending upon the age , location , type of construction , cost of replacement and roof of a home . If you have a history of recent property losses , that could also affect the premium . "}
{"input": "What Type Of Retirement Plan Do I Have? ", "output": "When you 're unclear about your retirement account , you need to determine a few items . Are you funding your retirement by yourself or through your employer ? Are you deducting your contributions ? If your funding your retirement yourself and deducting the contributions , you may have an IRA . If money is being withheld beyond the payroll deductions of FICA , FUTA and SUTA then you may have a 401 -LRB- k -RRB- . "}
{"input": "How Much Is Enough Auto Insurance Coverage? ", "output": "A client who had just purchased a $ 3 million Personal Umbrella Policy then asked me if $ 3 million was enough . The answer was , `` Yes , unless you get sued for $ 5 million '' . I am making an assumption that the questionner is askling about Liability Protection in an auto policy . The fact is that most States set a minimum requirement in order to meet their compliance standards for registering a car . In many cases , the minimum is far below the amount necessary to protect enough if sued as a result of an accident , but it may be plenty for individual cases . The asnwer to the question honestly lies in the answer to this question : `` What is my Financial risk ? '' Let 's consider 2 examples . A young person with a part time job and whose property ownership is limited to his older car probably has enough liability protection by having a state 's minimumto cover his personal financial risk . His is minimal compared to a professional who owns a business and a home and has investments and money in the bank . This person 's financial risk is much greater and therefore he or she should be considering higher limits of liability protection . So , hoiw much is enough ? The answer is enough to reasonably protect your financial exposure . "}
{"input": "How Much Is Enough Auto Insurance Coverage? ", "output": "Insurance is as unique as the individual purchasing it . Enough auto insurance is the amount that is necessary to provide complete coverage for all claims after you are involved in an accident . That amount could be as little as the state minimums all the way past 500/1000 coverage . Contact a local agent to discuss your coverage needs and pricing . "}
{"input": "Who Can I Put On My Auto Insurance? ", "output": "Every driver in your household , unless excluded , should be included on your auto policy . If you routinely loan your car to someone who is not a member of your household , you are not required to put them on the policy . This is particularly troublesome when the owner of the car loans the car to someone else on a long term basis . However , if the car is involved in an accident that information flows back to the owner of the car and the insurance policy . "}
{"input": "Who Can I Put On My Auto Insurance? ", "output": "You may put family members living in your household on your car insurance policy . However , with some carriers , you may also exclude them if they have other coverage for specific reasons . In some instances you can also cover non-family members . Each situation is different . Live answer provided by : Ed Harris - Premier car insurance broker for 33 years and owner of several top-rated national auto insurance websites . "}
{"input": "Who Sells Medigap Insurance? ", "output": "Mr. Burke is correct in that there are many companies that offer Medicare supplements , or Medigap policies . They can also vary from state to state . However , I want to qualify the Broker suggestion . Brokers do not have access to all companies and thus may not be able to offer you what could well be the best plan for you . This is because not all insurers work through brokers . There is no substitute for due diligence on your part . Things that you will want to investigate are things like the financial stability of the insurance company as well as their reputation and their historic rate increases . While it is true that simply choosing a broker is easy , there is no substitute for educating yourself . Cheapest or easiest is not always best . "}
{"input": "Who Sells Medigap Insurance? ", "output": "To expound on the previous answers , you may be able to obtain a list of companies that offer Medigap plans in your state from your state Department of Insurance . Some of the state DOIs maintain this listing on their website . Others may provide it upon request . Of course , it is not practical or enjoyable for you to contact each of these companies to get plan information and rates . But this will at least give you an idea of what 's available . An independent agent can provide rates on most , if not all , of the companies that are offered in your area . "}
{"input": "Who Sells Medigap Insurance? ", "output": "The companies that sell Medicare Supplements -LRB- also known as Medigap -RRB- are numerous . Some of the main ones are Mutual of Omaha , ForeThought , Aetna , Anthem , Gerber , United Healthcare co-branded AARP , there are dozens and dozens of them . If you question is where do you look to buy a plan , you have several choices there too . You can call any of these companies directly or respond to their advertising and they will send out a sales representative either in person or to sell you over the phone . But there is a better way . You can use a Medicare Insurance Broker and sign up at the lowest price the plans are offered anywhere . You pay no fees to the broker . The advantage to you is you will get a knowledgable advisor that helps you understand your choices , shows you the current prices for all companies and most importantly , in the future when your rate goes up , his job is to get your rate back down . Your insurance broker will be the best free to you employee you have ever hired . People spend a tremendous amount of wasted money on Medicare insurance plans every year that they could have the exact same coverage plan for less if they understood how to do it . Your broker helps you with this and costs you nothing . "}
{"input": "Who Sells Medigap Insurance? ", "output": "Medigap insurance is offered by many carriers including some whose names you may not recognize . The `` big '' carriers such as Blue Cross , Mutual of Omaha , United and Humana offer Medigap plans in most states . If you are looking for lower cost plans , ask a Medicare broker about rates from Family Life , Equitable and New Era . "}
{"input": "Can I Switch My Insurance From One Car To Another? ", "output": "You can not switch your auto coverage from one vehicle to another , but you can cancel coverage one vehicle and add another vehicle to your policy . Insurance is a product that is as unique as the person and vehicle being provided protection . Contact your local agent with the information on the vehicle you wish to add coverage to and they should be able to you coverage almost instantly . "}
{"input": "Can I Have 2 Separate Car Insurance Policies? ", "output": "You can have two different car insurance policies although most times , there is no advantage to splitting up coverage . Often , a multi-policy discount may be lost or reduced , although not all carriers will do this . In some cases involving youthful drivers with bad driving records , splitting may be very advantageous . "}
{"input": "When Is The Right Time To Purchase Long Term Care Insurance? ", "output": "The best time to by Long Term Care is when you are relatively young and healthy . Most people wait until they are older and their health declines . At that point it either becomes too expensive or they can not qualify due to their health . I would recommend looking at Long Term Care Insurance while in your forties at least . There are some new hybrid life insurance policies that combine life insurance with long term care which may be a good affordable option . "}
{"input": "When Is The Right Time To Purchase Long Term Care Insurance? ", "output": "The Right Time to Purchase Long Term Care Insurance is when youre young and healthy . But most consumers really dont consider long term care insurance until age 50 . Most retirement planner recommend no later than age 60 . One word of caution : if your family has a predisposition to critical illnesses , you may want to secure coverage now . "}
{"input": "Does Esurance Do Renters Insurance? ", "output": "Esurance does renter 's insurance !!!! Their rates are typically fairly competitive although you should shop various carriers . Although renter 's insurance is not expensive , it is still worth looking around for the best deal and trying to secure coverage that best matches your needs . A broker will help you find the best rates . "}
{"input": "When Is The Right Time To Buy Life Insurance? ", "output": "Honestly the best time to buy life insurance is when you are young and in good health . Your rates will never be cheaper and the potential benefits to you better . If you can afford a permanent plan , do it . Plans like these build cash value that is free from any taxation so long as they stay in the policy . If that is not possible financially , then look into a long term term plan with a conversion option . The conversion option allows you to switch all or a portion of the coverage into a permanent plan without having to go through any exam or underwriting . In both cases , another benefit is that you protect your insurability . We are not young forever and likewise some of us are not healthy forever either . Health issues later in life can prevent you from buying the insurance you may need or make it too costly . "}
{"input": "When Is The Right Time To Buy Life Insurance? ", "output": "The younger and healthier you are the better . Insurance premiums are extremely low for babies . As we get older the premiums go up . This is because life insurance race are based on mortality , or how long a person is expected to live . Since we obviously are growing older each year , the sooner you purchase life insurance the better . "}
{"input": "How Much Would A Million Dollar Life Insurance Policy Cost? ", "output": "That is a great question ! Unfortunately , I 'd need a lot more information from you . There would need to be the simple things , like your age , gender , smoking preference , and health issues ; then we 'd have to decide whether you would even be able to purchase that much coverage , based upon your income . Then we 'd look at the reason for the insurance , and determine the best type of policy to do that . Then we could talk about price . If you 'd like to have that conversation , please feel free to inbox me , ok ? Thanks for asking ! "}
{"input": "How Much Would A Million Dollar Life Insurance Policy Cost? ", "output": "This information is available on line . There are numerous sites that will quote life insurance . The preferred alternative would be to contact a licensed life insurance agent . If you have never dealt with a life insurance agent ask your neighbors , friends and colleagues for a referral . A good agent will listen to you , provide sound financial advice and communicate clearly with you and the insurance company . "}
{"input": "How Much Would A Million Dollar Life Insurance Policy Cost? ", "output": "I would n't be able to provide a figure for your without knowing more about what coverage structure you 're looking for and your medical history . The cost -LRB- premium -RRB- for a $ 1,000,000 life insurance policy depends on a number of factors so it will be different for everyone . These factors include their age , gender , how long they want the coverage for -LRB- 10 , 15 , 20 , 25 , or 30 year term insurance vs. permanent insurance -RRB- , and their risk classification -LRB- determined by the medical history -RRB- . 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 . Please keep in mind - every carrier has their own set of underwriting guidelines , 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- . I would suggest consulting with an independent life insurance broker who can work with you on a personal level and help determine which carrier will be able to offer you the desired coverage at the lowest possible cost . I hope the information is helpful - please feel free to contact me for assistance with your coverage , including quotes and policy comparisons , and if you have any other questions . Thanks very much . "}
{"input": "What Happens To Life Insurance When You Change Jobs? ", "output": "Having life insurance on the job is better than having nothing , you should have a personal policy as well ; why ? Your job , if you ever left , fired , laid off , quit , retire , no more group life insurance . I say always elect to join a group work policy because it 's so cheap . I tell all my clients this . -LRB- At work your job owns your policy -RRB- Again ; therefore you should have your own policy as well . Young and healthy is the best time to get life insurance you are rated based on your health and age and some other factors . Life insurance is not something you can get when ever you feel like it , it 's like applying for a credit card either your approved as applied for , approved at a higher rate or your insurance is decline . If your health is not so great then a group policy of course would be great for you . "}
{"input": "What Happens To Life Insurance When You Change Jobs? ", "output": "What happens to life insurance if you change jobs ? If you 're talking about group life , the insurance stays behind , you lose it . Your group life plan may have a provision that allows you to break off your portion of the group plan , but you will find it very expensive . It is only a good deal for a person who would be declined or highly rated elsewhere . If you 're reasonably healthy it 's a bad deal . If you mean a individual policy that you `` own '' ? Absolutely nothing . It stays the same . The issue is ownership , which means who controls the policy . If you own it , you decide . If your employer owns it , they decide and they decide what 's important to offer . You 'd be surprised at the number of dental plans that do and do n't include orthodontics depending on how the owner 's kids teeth are . Never ever had an employer turn down orthodontics if their kids needed it . ;-RRB- "}
{"input": "What Happens To Life Insurance When You Change Jobs? ", "output": "If you have your life insurance through your place of employment - you lose it . This is why I always encourage my clients to purchase their own policy -LRB- not in the name of their employment -RRB- so that if they change jobs , they will not lose their life insurance . If one of the benefits of your job is a life insurance policy and you DO N'T HAVE TO PAY FOR IT , then it is fine to have - but remember , if you lose your job , you also lose this insurance . If you do pay for it , some companies will offer you the chance to keep it , but you must set up a payment plan or remember to pay the bill each month . To avoid the these headaches , it is recommended that you purchase your own policy and talk to an agent to find the best one for you . You can often get more for your money if you purchase your own anyways . Many companies out there with many different types of plans - some better than others - but all can be very confusing to the average consumer , so again , it is best to talk to your Agent about what policy best fits you and your families needs . "}
{"input": "Does Canada Have Free Health Insurance? ", "output": "Canada does not have `` free '' healthcare . No place has `` free '' healthcare . There are just different ways to pay for the cost . Some nations use a higher individual tax rate and value added taxes to pay for programs for their citizens . Free is n't really free , people pay for what they have in one way or another . "}
{"input": "Can I Get Disability Insurance If I Am Pregnant? ", "output": "Most disability plans have some form of medical underwriting . If you are pregnant at the time of application and the plan is medically underwritten , your application will be denied . Some employer plans , including payroll deduction , may have little or no underwriting . If that is the case the policy will be issued but there may be a waiting period before maternity benefits are available . "}
{"input": "Can You Get Health Insurance If You Are Unemployed? ", "output": "Health Insurance is available for every person ; whether employed or unemployed.You would have to obtain your own Individual or Family Health Insurance plan . You may choose from HMO or PPO plans , you may select amongst a variety of Co-Pay options , Deductibles and Co-Insurance percentage . Your age and geographic area will determine the premium rate . Please feel free to contact a professional should technology not completely answer all your questions and/or concerns ! "}
{"input": "Do You Need Homeowners Insurance Before Closing? ", "output": "In California transfer of property is handled by a title company . They receive a list of requirement from the lender . In most cases the lender requires hazard insurance that will protect the lenders interest in the property from loss due to a specified peril . In most cases a homeowner policy is the policy that most adequately fits that requirement . There are other forms of home insurance and some of those might meet the lenders requirement . It is the responsibility of the title company to make sure that there is current insurance on the dwelling prior to closing and transferring the property . "}
{"input": "Do You Need Homeowners Insurance Before Closing? ", "output": "If your home is financed or if you are obtaining a mortgage - most mortgagees require homeowners insurance at the time of closing . You will be asked to provide a copy of a paid receipt and declarations page to satisfy your loan requirements . If you are escrowing and your mortgagee is paying for your insurance , you would need to give a copy of a binder of insurance with a balance due/invoice for them to pay your insurance at closing . "}
{"input": "Do You Need Homeowners Insurance Before Closing? ", "output": "It is more than likely that you will need to provide proof of Homeowners Insurance among other requirements in order to close on you property purchase . Here in CT it has been common for lending institutions to also require proof of payment of the first year 's term premium along with a copy of the binder or declaration sheet from the policy . Your Insurance Professional will be able to coordinate the binding of your insurance protection with you and provide the required documentation to your attorney or to the mortgage company in plenty of time to be sure that everything is handled smoothly . "}
{"input": "What Is A Lapse In Health Insurance? ", "output": "A lapse in health insurance -LRB- and any insurance -RRB- is a point when the policy stops providing coverage due to the policyholder not paying their premiums on time . Insurance policies generally feature a 30-day grace period where coverage continues even if the premium payment is a few days late - past this point , the policy would no longer be providing coverage as it would have lapsed and you would need to go through the reinstatement process -LRB- paying the due premiums and any other requirements the carrier may have -RRB- . Please note , with health insurance , if your coverage lapses due to non-payment , this does NOT qualify you for a special enrollment period for another plan . Qualifying events are situations such as coming off of group health insurance through an employer , getting married , having a baby , etc. . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much . "}
{"input": "How Does No Fault Auto Insurance Work? ", "output": "Basically no fault means just that ! The insurance company pays for its own insured regardless of who may be cited for the accident . Hence the term no-fault , since the insurance company holds neither driver at fault . There are only a few states that have no fault laws in place . Michigan is one , and there are a few others . If you do not live in a no fault state then you can not get no fault auto insurance . "}
{"input": "When To Cancel Term Life Insurance? ", "output": "Term insurance can be canceled at any time , usually without penalty , and with a refund of any unused premium . Insurance is no longer needed when no financial hardship would occur if the insured passes . If the insurance was used to cover a mortgage and the house was paid off , then it may not be needed any more . Another reason to cancel term insurance would be if a better policy -LRB- maybe a permanent policy -RRB- was purchased . It is a good idea to discuss your individual situation with a professional insurance advisor who can help you with your insurance planning and strategy . "}
{"input": "When To Cancel Term Life Insurance? ", "output": "Think carefully before you cancel Term life insurance , because rarely can you purchase a new Term policy that costs the same or less than the one you already have . E.g If you drop a 30 year term policy at year 20 and get a new 10 year policy , you would probably pay more for the 10 year policy than if you continued paying on your 30 year term for the last 10 years . Only cancel your existing term insurance if you are sure you no longer need it . "}
{"input": "When Do You Need To Sign Up For Medicare? ", "output": "When you turn 65 you will automatically be enrolled if you qualify and have worked the requisite number of hours . You should receive a Welcome to Medicare package containing your Medicare card , information on Medicare and opt out forms in case you are still working and covered by your employer . Do not opt out of any portion of Medicare unless you have creditable coverage from a group or union . If you have not received you Medicare card by your 65th birthday , call your local Social Security office or 1-800-MEDICARE . "}
{"input": "How Much Does Insurance Cover For Mental Health? ", "output": "Under the mental health parity requirements of Federal law -LRB- Mental Health Parity and Addiction Act of 2008 -RRB- and later of ObamaCare , major medical plans must now cover mental health issues the same as they would treat any other medical condition . So , any financial requirements such as copays , deductibles or any treatment limitations -LRB- such as number of visits -RRB- can be no more restrictive for mental health or addiction than for a physical ailment . An important distinction that the reader should be aware of is that the 2008 law applied to employers with 50 or more employees . Under the requirements of the Affordable Care Act -LRB- ObamaCare -RRB- this was extended to individual and small group policies sold on or after January 1 , 2014 . It is possible that there are existing `` grandfathered '' policies still in effect that are not subject to these requirements though such policies are becoming fewer and fewer . "}
{"input": "What Does Medicare Plan F Cover? ", "output": "Plan F is a Medicare Supplement many refer to as the `` Cadillac '' plan . It covers virtually 100 % of all charges approved by Medicare -LRB- other than prescriptions -RRB- . In addition it will cover excess charges . In many states doctors are allowed to charge up to 15 % above the Medicare approved amount . Plan F covers this additional charge . "}
{"input": "What Does Medicare Plan F Cover? ", "output": "There are 9 benefits that Medicare supplement -LRB- Medigap -RRB- plans can cover - plan F covers all of them at 100 % from day 1 . Other Medigap plans only cover some of the benefits . The 9 benefits covered under plan F are : 1 -RRB- Medicare Part A coinsurance and hospital costs up to an additional 365 days after Medicare benefits are used up 2 -RRB- Medicare Part B coinsurance or copayment 3 -RRB- Blood -LRB- first 3 pints -RRB- 4 -RRB- Part A hospice care coinsurance or copayment 5 -RRB- Skilled nursing facility care coinsurance 6 -RRB- Medicare Part A deductible 7 -RRB- Medicare Part B deductible 8 -RRB- Medicare Part B excess charges 9 -RRB- Foreign travel emergency -LRB- up to plan limits -RRB- Plan F will generally feature the highest premiums as it provides the most comprehensive coverage . The major advantage of plan F is that it creates the most predictable expense structure for the insured - a critical factor for many of those on a fixed income in retirement . If you would like to secure a Medicare supplement plan , please feel free to send me a private message -LRB- clicking on the `` contact me '' button -RRB- , or visit my website , www.TermInsuranceBrokers.com , to review detailed information regarding Medicare supplement plans . "}
{"input": "What Does Medicare Plan F Cover? ", "output": "Medicare plan F is a great plan if you have money to burn . Plan F is the easiest plan to explain , has the highest premium and pays the highest commission . Because of this many agents will promote plan F and never explain other options . When you shop and compare you will probably find there are plans that deliver better value . Over 90 % of my clients choose something other than Medicare supplement plan F and no one picks Advantage plans . "}
{"input": "Why Would You Need Renters Insurance? ", "output": "If you want to protect yourself and your family against some potential financial hardships due to accidents and you rent a premise then you would want renter 's insurance . Renters insurance typically provides personal liability coverage , personal property coverage , and loss of use coverage . The personal property coverage may be subject to a policy deductible . "}
{"input": "Is Life Insurance An Estate Asset? ", "output": "Life insurance proceeds are considered part of the estate after death , and estate taxes generally must be paid if the policyowner 's estate surpasses the exempt limit , and his/her spouse has predeceased him/her . While alive , only the cash value of life insurance is considered an asset for tax purposes . "}
{"input": "Is Life Insurance An Estate Asset? ", "output": "It can be depending on the situation . In most cases if the proceeds are left to a named beneficiary then there are no estate issues . But there are exceptions to this . For example ; If a person is receiving Medicaid assistance for Long Term Care the cash value of a life insurance policy or in some States , the face amount will create issues as far as qualifying for benefits . If there was an undisclosed life insurance policy owned by the Medicaid recipient then the life insurance proceeds can be attached as part of the estate during Medicaid Recovery . Another exception may include large estates . For the average person there is no problem however , unless you have to deal with the Medicaid issues . If you have a large estate or your health is deteriorating and some type of long term care is imminent then seek out an elder law attorney or care resource planner for advice . "}
{"input": "What Is Med Pay On Auto Insurance? ", "output": "Medical payment coverage on an auto policy provides that if you or a family member are injured as a result of anything having to do with a private passenger car , whether it be yours or someone else 's , you will have financial protection up to a stated amount . If you have this coverage then it is considered primary and you can not open a claim with your medical carrier until that benefit is exhausted . "}
{"input": "Why Is Life Insurance A Good Investment? ", "output": "Life insurance is a responsible thing to purchase and provides invaluable protection but I would not refer to it as an investment . First and foremost , 75 million US families rely on life insurance because of what it does : Provide a tax-free death benefit to protect people and businesses using discounted dollars . The cash value in permanent life insurance is a valuable secondary feature which helps keep premiums low for later in life when the pure cost of insurance would be prohibitively high . The internal rate of return on the cash value can be projected based on current assumptions and should compare favorably to other conservative long term savings products but wo n't likely compare favorably to investments subject to market risks . As basic savings vehicle , insurance cash value is important . In fact , 20 % of long term savings in this country are in life insurance and annuities which form the foundation of savings for millions of families . "}
{"input": "Why Is Life Insurance A Good Investment? ", "output": "Life insurance isnt an investment . However , a sound investment program normally includes life insurance . An investment program requires time to create an estate . A life insurance policy can create an estate with the payment of a single premium . There are types of life insurance that have investment options but the traditional whole life or term policy is a guaranteed contract . "}
{"input": "Who Needs Renters Insurance Coverage? ", "output": "Simply , any person or family that is renting an apartment or house should have renters insurance . The lease you have to sign as well may require you to have it showing proof upon taking possession of the rental . Now the type of Renters insurance is solely up to you . I always recommend getting replacement value versus current value of your possessions . Contact your agent/broker to discuss the pricing and what exactly will be covered . "}
{"input": "Who Needs Renters Insurance Coverage? ", "output": "Every renter faces the possibility of losing their personal property if the unit that they are renting is destroyed . They also face the possibility of facing a lawsuit that could bankrupt them . Some renters chose to accept those risks personally and they do not insure . If you want someone in your corner when tragedy strikes , then you want a renters policy . "}
{"input": "How Does A Child Qualify For Medicare? ", "output": "Disabled children that meet the Social Security definition of disabled , may be covered under Medicare . If the child is under the age of 18 and is receiving SSI payments -LRB- Supplemental Security Income -RRB- they may qualify for Medicare if they are not covered under their own health insurance plan , are as a dependent on their parents plan . "}
{"input": "What Happens To Renters Insurance When You Move? ", "output": "When you move your renters insurance does not follow you to the new location . You should contact your local agent before you move so that you can secure coverage for the new location and then set you current policy to cancel after you have moved all of your personal property between locations . "}
{"input": "Which Life Insurance Has A Cash Value? ", "output": "Permanent life insurance is the type of life insurance that can have a cash value . Permanent life insurance includes all forms of Whole Life and Universal Life . Not all permanent policies have cash values . How much you pay in premium , and how much of your premium goes to pure protection vs building up cash values -LRB- as well as interest rates and other policy provisions -RRB- , will determine your cash value . "}
{"input": "What Determines Insurance Rates On A Car? ", "output": "There are many factors that determine your auto insurance premium . Some of the major factors are : the ages of the drivers to be covered by the policy , the year , make , model of the vehicles to be covered by the policy , the amount of coverage being sought , the garaging zip code of the vehicles , and the motor vehicle records of the drivers to be covered just to name a few . "}
{"input": "When You Can Get Medicare? ", "output": "You can get Medicare at age 65 . If you have paid into Social Social Security taxes for at least 40 quarters -LRB- 10 years -RRB- , your Medicare Part A will not have a monthly premium . If you miss the sign up date , there are times when you can sign up for Medicare past age 65 . Persons under 65 can get Medicare if they have been on Social Security Disability for two years , have end stage renal disease , or have Lou Gehrig 's disease . "}
{"input": "When Can I Get Life Insurance After Cancer? ", "output": "Depending on the type and stage of the cancer , and the date and type of the treatment , a cancer survivor can usually get life insurance two years after the last treatment was completed . If the cancer was very mild , and the treatment was complete surgical removal or other effective method , the time could be shorter . "}
{"input": "Can You Have Homeowners Insurance On Two Homes? ", "output": "You can , and it 's not uncommon at all . However , there are guidelines the insurance company will want you to follow . Many people have a primary home and a vacation or summer home . These can both be insured with homeowners policies , with one being designated as a seasonal home . The only real requirement is that the owner is the one occupying both homes , even if one is seasonal . Some people will try to do this for a home they rent out because it 's less expensive and the coverage is more broad . This is a big no-no . If there 's a claim and the insurance company realizes that the owner is not the one occupying the home , they will void the coverage and deny the claim . Rental homes require a different policy that takes into account the rental exposure . As long as you 're following the rules , you 'll be fine insuring two homes . Just be smart and do it the right way . "}
{"input": "Which Is The Cheapest Renters Insurance? ", "output": "The cheapest renter 's policy is the one that pays the full amount of a claim and leaves you paying nothing more than the deductible . Everything else costs too much ! You probably wanted to know what company or type of company is cheapest but that is not really a bargain . Having enough coverage with a company that will pay the claim is the cheapest way you can go . "}
{"input": "Does Renters Insurance Cover A Move? ", "output": "It is best to check with your insurance professional to discuss your particular coverage . However , generally speaking , here in CT , the coverage we sell and that provided by other carriers whom I have seen over the years does provide extended coverage for your personal property for up to 30 days when you are moving from one location to another . Generally , personal property outside your home is covered up to 10 % of the total amount stated in your policy . This provision however is modified for a move and usually the policy provides coverage up to the full terms and conditions in that situation . Keep in mind that coverage is always subject to your deductible and in the event of a loss , contract coverage is determined by the licensedclaims professional handling the case . "}
{"input": "Does Renters Insurance Cover A Move? ", "output": "To the best of knowledge there is not a renters insurance policy that will provide coverage for moving . The typical coverages offered with renters insurance are personal liability and personal property coverage . 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": "Medicare Vs Private Insurance Which Is Primary? ", "output": "If you are talking about being covered by group health insurance and also covered by Medicare then it will depend upon the size of the employer group you are working for . If your employer has less than20 employees then Medicare is the primary payer -LRB- pays first -RRB- and the group health insurance pays in a secondary capacity . If your employer has more than 20 + employees then the group health insurance plan pays first and Medicare pays in a secondary capacity . This is the simplest and generally most common scenarios where this question comes up . However , there are numerous other situations a person may be in -LRB- eligible for Medicare and Medicaid , disabled , retired and still covered under a former employer 's plan , etc. -RRB- where other primary vs. secondary payer rules come into play that are too numerous to go into here . For more detailed information I would recommend that you go to Medicare.gov as they are an excellent resource for detailed information on the entire range of these issues . "}
{"input": "Does Louisiana Tax Life Insurance Benefits? ", "output": "In a very general sense , Louisiana does not tax life insurance benefits if left to a beneficiary who is not the estate . If the beneficiary is the estate , or life insurance proceeds end up in the estate because there was no living beneficiary listed on the policy , then the money will go through probate and subject to taxes and fees . "}
{"input": "How Lucrative Is Selling Life Insurance? ", "output": "Simply put , life insurance sales profits are directly linked to the amount of efficient work that you put in -LRB- Working smart , not hard -RRB- . There are many successful agents that have made millions of dollars of commissions annually . Further , there is a value in job as you can essentially set your own hours however , you will normally be tied to the hours that your client wants to be engaged . After the banking collapse of 2008 , insurance agent was the number one recession job . "}
{"input": "Does Term Life Insurance Have Any Cash Value? ", "output": "Term life insurance does not have any cash value . However , on some term policies , you can add a rider that could return all of your premium . By adding what is called a `` Return of Premium '' rider , if you outlive the term of your policy you will get your entire premium returned . A Return of Premium policy costs considerably more but if you outlive the policy , you get your premium back and you had the death benefit for the duration of the policy . "}
{"input": "Does Term Life Insurance Have Any Cash Value? ", "output": "No , Term Life Insurance does not have any cash value . It is considered pure death protection , in that its only function it to pay the death benefit if the insured person dies . It is not designed to borrow from , and if you surrendered a Term life insurance policy , there would be no cash paid back to you . "}
{"input": "How Much Money Does An Auto Insurance Agent Make? ", "output": "An auto insurance agent can make MILLIONS of dollars if he can sell MILLIONS of policies covering MILLIONS of automobiles ... . No , actually , like most insurance products ... an agent 's income is based on commission sales . The more policy count an agent can sell , the more commission he/she should be able to make . And now you wonder ... what commission percentage should an agent make ? Well , that depends on the deals you can work out with your companies and/or MGAs . Then , depending on your State laws ... you may or may NOT be able to charge additional fees ... but that is a completely different questions to be answered . "}
{"input": "Can People With Ms Get Health Insurance? ", "output": "I 'll answer your question accurately , and quickly . If you have MS , you can easily purchase health insurance . You will not be asked medical questions during Open Enrollment and no physical will be required . A federal subsidy could substantially reduce your rate . As an experienced broker , this questions is commonly asked by our customers . Obtaining the lowest rate with the best coverage is a goal you can achieve . LIVE answer provided by : Ed Harris - Premier health insurance broker with more than 33 years of experience and owner of several top-ranked websites that provide the lowest rates . "}
{"input": "Can People With Ms Get Health Insurance? ", "output": "Under the Afforable Care Act , each individual health plan is , in short , guaranteed-issue - you can not be declined for health insurance due to a pre-existing condition or other health-related issue . You have the option to secure a bronze , silver , gold , or platinum level plan - please note , not every carrier offers a plan under each level -LRB- e.g. company XYZ may only offer bronze , silver , and gold plans , but not platinum plans -RRB- . Individuals under age 30 also have the option of securing a catastrophic plan . If you qualify for a subsidy , you would want to look into plans ON the health insurance exchanges . If you do n't qualify for one , you may want to look into plans OFF the exchanges as you will generally have more options available to you . You can apply for health insurance coverage during the annual open enrollment period or when you qualify for a special enrollment period -LRB- having a qualifying life event - e.g. getting married , giving birth to a child , etc. -RRB- . I highly recommend working with an independent insurance agent/broker as they can help clarify the details under each plan from multiple carriers and guide you through the process of securing a health plan that will best serve your needs -LRB- and in today 's world ... stay within your budget -RRB- . "}
{"input": "Where Do I Find Affordable Health Insurance? ", "output": "The PPACA or Obamacare as it is popularly known goes into effect in 2014 . You may qualify by means testing for the government assistance that may pay the entire premium or part of the premium . The government is also offering credits to some middle class workers that may offset the premium they owe . So check into the means testing rules and credits before the end of the year . Meanwhile , you should secure a short term medical insurance policy . "}
{"input": "Can An Auto Insurance Company Deny A Claim? ", "output": "An auto insurance carrier can deny a claim if the claim is outside of the scope of your policy 's provided coverages or if the claim is fraudulent in origin . 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 . If you feel that your claim is valid , appeal the denial with your local agent first . "}
{"input": "How Much Roth IRA Should I Contribute? ", "output": "The short easy answer is the maximum . For hard working Americans up to age 50 you can contribute up to $ 5,500 if you make up to $ 114,000 annually and single . If you are age 51 and up you can contribute up to $ 6,500 annually as the rule allows for a `` catch up '' for older workers . I would advise finding a trusted advisor to help with all of the details . "}
{"input": "Does Auto Insurance Cover Moving Trucks? ", "output": "Another thing to consider when you are renting a vehicle from a company is that if you are involved in an accident with that vehicle regardless of fault you may be held financially responsible for any repairs , loss of use , and other administrative fees designated by the rental contract . To protect yourself properly when renting a vehicle consider purchasing the coverage that is offered to prevent putting you and your family at financial risk in the event of an accident . "}
{"input": "Does Auto Insurance Cover Moving Trucks? ", "output": "I think your asking the question if you rent a moving truck will your auto insurance apply . Always double check with your own insurance company but in general if the vehicle you are renting is over 10,000 GVW you will not be covered by your personal auto policy and would need to purchase the insurance offered by the moving truck rental company . "}
{"input": "Can The Beneficiary Of A Life Insurance Policy Be Contested? ", "output": "This is an legal question and not something upon which a life insurance professional can provide a reliable opinion . That said , as the life insurance policy is a legal contract , the insurance company will be obligated to pay the named primary beneficiary . Assuming the proceeds go to a named beneficiary rather than the estate , the proceeds are not normally subject to probate so it would be unlike challenging a will in probate . Ultimately , a challenge would likely be a matter for the courts so finding experience legal help is critical . I am aware of a few examples where beneficiary designations have been challenged . The beneficiary designation might be demonstrated to be inconsistent with state law , especially elective or spousal share rules . Or , it might be demonstrated to not conform to other agreements such as split dollar agreements , divorce decrees , etc. . "}
{"input": "Is It Possible To Buy Cheaper Health Insurance Than My Company Offers? ", "output": "Yes , it CAN be less expensive for you to seek your own health insurance plan rather than accept the plan through your job . But often it 's just the opposite . You should always check both ways . Having an individual plan is much more portable in case you leave your job . Once you are on Medicare it is very common to have better options on the individual market than through your group offerings . "}
{"input": "Is It Possible To Buy Cheaper Health Insurance Than My Company Offers? ", "output": "Yes , it is possible , but you should really work the math out on the situation first . A person has the right to waive coverage from an employer if they wish and seek other coverage on their own . But you should also be aware that you may be giving up advantages that belonging to your employer 's group will bring . First , they may be paying all or some of costs for you . If you were to waive coverage , you may very well be leaving that money behind . Even if you employer gave you the money , you would pay income taxes on it , when currently you do n't . You may also have your contributions for health insurance at work be taken before income taxes are applied , which also saves you money and is n't available for the individual buying their own plan . In most states right now plan designs for individual coverage offer much less in the way of plan benefits . Group plans usually offer a good blend of benefits compared to individual plans . It will come down to what you want for benefits . It can be cheaper to buy your own coverage , but usually not apple to apple when you pencil it out . . "}
{"input": "Who Are Most Likely To Use Annuities And Why? ", "output": "Annuities are used for a variety of reasons ; -LRB- 1 -RRB- stable interest rate which is equal to or higher than what CD 's offer , -LRB- 2 -RRB- surrender charges typically decrease the longer you hold onto the annuity -LRB- 3 -RRB- it is secured by the assets of an Insurance company which is pretty stable -LRB- 4 -RRB- it is can offer both a fixed payment and regular payments . People looking for stability , long term savings and security tend to utilize annuities to accomplish this goal . "}
{"input": "Who Are Most Likely To Use Annuities And Why? ", "output": "Anyone can use an annuity . If you 're asking who is most likely to benefit most from an annuity that answer would be anyone who needs a stable , predictable , and reliable income stream . Another type of person who benefits from owning an annuity is anyone who believes they will live a long time as annuities can provide income that lasts for ones lifetime even if the income stream is more than the initial money in the annuity . "}
{"input": "Does Life Insurance Payout At End Of Term? ", "output": "That is a great question ! If you are referring to term life policies , the answer is no , that 's the reason they are so cheap . If you are referring to whole life policies , then the answer is yes , when the insured passes away , in almost every single case the policy pays . The only way a term policy will pay you is if you perish during the term , or have paid extra all along to have a return of premium rider added to your policy , which returns to you what you 'd paid into it -LRB- not the face value of the policy -RRB- . If you want cash , do n't buy term . I hope that helps , thanks for asking ! "}
{"input": "Does Life Insurance Payout At End Of Term? ", "output": "Companies design a wide variety of policies . Some term products actually have a cash payout at the end of the policy term . However , cash indicates that you are really interested in permanent insurance . A permanent policy must develop cash values to provide the protection that you need to last a lifetime . If the need for protection is ended , the policy can be surrendered for the cash accumulated in the policy . "}
{"input": "Does Life Insurance Payout At End Of Term? ", "output": "Term life insurance does not payout . The only time you will get any money back from a term policy is an ROP or Return Of Premium policy . In that case , once the specified term has completed , the base premiums are returned . Whole life insurance will pay out -LRB- or ` endow ' -RRB- the face amount at maturity . This is typically at age 100 for traditional policies , but many are now set to endow at age 121 . "}
{"input": "Does Life Insurance Payout At End Of Term? ", "output": "No , life insurance does not have a payout at the end of the term unless `` ROP '' life insurance was purchased . ROP stands for `` return of premium '' . This type of policy charges a rate that is higher than normal life insurance , which the life insurance company invests . If you keep the policy long enough , they are able to return the premium due to their use of that money over the years . "}
{"input": "Does Renters Insurance Pay For A Hotel? ", "output": "If you can not live in your rented home or apartment due to a covered loss -LRB- claim -RRB- then your renters insurance policy will cover loss of use and can put you up temporarily in a hotel or motel . For example there is a fire and you can not live in your home your renters policy will pay for your housing under loss of use until a suitable replacement can be made or the policy limit runs out which ever comes first . "}
{"input": "Does Renters Insurance Pay For A Hotel? ", "output": "That is a great question ! If your apartment is destroyed or damaged to the point that it is not safe to live in , your renters policy will provide for housing . You will want to check on the policy specifics , for some it is a per day amount , for others it is a number of days kind of thing . It is one of those things that makes renters insurance such a great thing to have ! Thanks for asking ! "}
{"input": "Does Renters Insurance Pay For A Hotel? ", "output": "Renters Insurance will pay for a hotel stay on a short term basis following a covered loss , the deductible will apply and the charge must be deemed normal and customaryand must not exceed the policy limit for Loss of Use . In order for insurance to pay for the hotel , the unit must not be in livable condition as a direct cause of the covered loss by the same policy contract . Renters Insurance is an inexpensive and important form of protection for one 's personal contents , loss of use and personal liability . There is a link providing an online format to obtain a quote and buy renters insurance online in multiple States ; may be useddirectly by Consumers . An exemplary online experience for all ! WEBSITELINK "}
{"input": "Who Should Life Insurance Go To? ", "output": "Most people choose a beneficiary that is a relative or business associate for their life insurance to go to . If married , the primary beneficiary for most policy holders is their spouse . If single , many people choose a parent , sibling , or friend . If you want your life insurance money to be used for your final expenses , you should choose a beneficiary that you can trust to spend the money as desired , or else form a trust and leave the money to a trust . If the purpose for your life insurance is to replace income that someone else counted on , that is the person -LRB- s -RRB- who should be your beneficiary . "}
{"input": "Who Should Life Insurance Go To? ", "output": "By your question , `` Who should life insurance go to ? '' I assume you mean , `` Who should receive the death benefit payment from your life insurance '' . The simple answer is : the benefit payment from your life insurance should go to the person or person YOU assign it to go to ! That person or persons are called the `` named beneficiary '' -LRB- or beneficiaries -RRB- . Who you choose to name as your beneficiary is entirely up to you . "}
{"input": "Can HSA Be Used For Long Term Care Insurance Premiums? ", "output": "Yes , HSA can be used to pay for tax qualified Long Term Care Insurance premiums , even if the Health Savings Account is offered through an employer provided cafeteria plan . LTC premiums are considered a qualified medical expense and as such , can be paid by an HSA up to a certain limit . "}
{"input": "Does Medicare Cover Lymphedema Garments? ", "output": "Officially , Medicare does not cover lymphedema garments . But there is a push to get Medicare to cover lymphedema garments and to pay for the cost of care for persons suffering from lymphedema , whether primary lymphedema -LRB- sometimes present already at birth , sometimes developing at puberty or in adulthood -RRB- , or secondary lymphedema -LRB- acquired from surgery or other cause , such as mastectomy -RRB- . "}
{"input": "Who Buys Long Term Care Insurance? ", "output": "The people who buy long term care insurance are those who have assets to protect and/or those who want to have a say in where they will spend their final days of life . Without long term care insurance , assets must be spent down in order to pay for the care . When those funds are gone , Medicaid pays , and the care must be received where Medicaid is accepted . Most long term care insurance now pays the insured person so that they can spend the funds in the location of their choice . "}
{"input": "Who Buys Long Term Care Insurance? ", "output": "Long term care generally is aconsiderationin your senior years . Most advisers begin addressing long term care insurance with their clients and prospects around age 50 . But it seems that many seniors purchase it in their early 60s . The # 1 risk in retirement is human longevity . Living longer impacts retirement funds and the increased probability of needing assisted living and/or nursing home care . Butpeoplewhose families havepredispositionsto disease or chronichospitalizationmay want to consider long term care while they 're young and healthy . "}
{"input": "How Much Does Homeowners Insurance Cost In New York? ", "output": "New York Homeowners Insurance cost will depend on what is being insured . Home Insurance covers the replacement cost of the dwelling , other structures , personal property , loss of use , personal liability and medical payments to others . The age , size and construction characteristics of the home will dictate the reconstruction cost which will be used as the Dwelling Coverage Amount . If you are looking for a lower premium than generated , we would recommend selecting a higher deductible option . The deductible does not apply to Liability and Medical Payment claims ; however , it is the amount deducted from a loss payout for physical loss to the dwelling , other structures and/or personal property as covered on the policy . There is a link providing an online format to obtain a quote and buy New York Home Insurance online ; it may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK "}
{"input": "When Is Life Insurance Deductible As An Expense To A Business? ", "output": "In order to get the most up to date answer to this question refer to IRS Publication 535 -LRB- 2012 -RRB- - that describes business expenses . As of the day when I type this answer , you generally can deduct premiums you pay for thelife insurance covering your officers and employees if you are not directly or indirectly a beneficiary under the contract . However , you can not deduct premiums on the certain life insurance and annuities : - For contracts issued before June 9 , 1997 , you can not deduct the premiums on a life insurance policy covering you , an employee , or any person with a financial interest in your business if you are directly or indirectly a beneficiary of the policy . You are included among possible beneficiaries of the policy if the policy owner is obligated to repay a loan from you using the proceeds of the policy . A person has a financial interest in your business if the person is an owner or part owner of the business or has lent money to the business . - For contracts issued after June 8 , 1997 , you generally can not deduct the premiums on any life insurance policy , endowment contract , or annuity contract if you are directly or indirectly a beneficiary . The disallowance applies without regard to whom the policy covers . Partners . If , as a partner in a partnership , you take out an insurance policy on your own life and name your partners as beneficiaries to induce them to retain their investments in the partnership , you are considered a beneficiary . You can not deduct the insurance premiums . "}
{"input": "Will Renters Insurance Cover Dogs? ", "output": "In New York , one of the standard exclusions under the property coverages is something along the lines of ` animals , birds , and fish . ' If youown a valuable dog , a ` canine mortality ' policy would be appropriate to insure the value of the animal . There are also health insurance policies available for dogs . If you meant to ask ` Are dog bites/attacks and/or damage done by my dog covered underthe personal liabilityy section of a renters policy ? ' , the answer depends on a reading of your policy . Many carriers have a ` dog exclusion ' endorsement which voids liability for either all owned dogs or specific breeds . A competent agent or broker should -LRB- as a standard procedure -RRB- assess/survey your hazards and include questions to you about owned animals -LRB- especially dogs -RRB- as many carriers will not accept as new risks those individuals owning certain breeds of dogs . Always determine prior to purchase that the insurance policy you wish to purchase provides coverage for your exposures ; if the policy covers the liability exposure of the animals you own . If the policy application contains questions about animals , make sure they are answered completely and truthfully , you sign the application , and you retain a copy of the application -LRB- or anything else you sign - always and without fail -RRB- . If you can not obtain a copy , do not complete the transaction . "}
{"input": "What Happens When Long Term Care Insurance Runs Out? ", "output": "If somone has a traditional Long Term Care insurance policy that runs out of years of coverage , or runs out of money to to cover their LTC needs , they would need to begin paying for their long term care from their private funds . If that runs low , they would do a Medicaid spend down so that Medicaid will pay for their LTC needs . With a Partnership Long Term Care policy , assets -LRB- but not income -RRB- are protected from the Medicaid spend down . The amount of assets that are protected depend upon the variables and features of the Partnership LTC policy . "}
{"input": "What Are The Requirements For Medicare? ", "output": "The main way to qualify for Medicare is to be turning 65 year sold . You can complete the application process as early as age 64 and 9 months . Many individuals will qualify for premium-free Part A - you have the option of signing up for Part B as well , however , Part B requires a monthly premium . If you 're under 65 , you may be eligible for Medicare if you 're on disability -LRB- and have been for at least 24 months -RRB- or have end-stage renal disease -LRB- ESRD -RRB- . "}
{"input": "What Do I Need To Apply For Car Insurance? ", "output": "To apply and purchase auto insurance , you will need to provide your name , address , types of cars you own , other family members and some driving information . Experienced brokers -LRB- it 's our job -RRB- will shop and compare the best rates for you and show you the cheapest options . At that point , it 's up to you whether you care to apply . "}
{"input": "Does Life Insurance Incur GST? ", "output": "In the United States no , as there is no Goods and Services Tax . In Australia life insurance is exempt from GST as it is a financial services good . In Canada GST presently does not apply , but legislation in Canada has been proposed that would subject life insurance to GST and some legislation has sought a retroactive application to life insurance for GST . "}
{"input": "How Much Does Renters Insurance Usually Cost A Month? ", "output": "I would say within my geographic area that the average renters insurance policy that I have dealt with is about 10-20 per month . The rate that you pay for this coverage can vary greatly depending on many factors . Some of those factors are geographic area , amount of coverage desired , deductible , age of building , number of units in the building , and more . Please contact a local agent to find out how rates stack up in your area . "}
{"input": "How To Obtain Short Term Disability Insurance? ", "output": "You can obtain Short Term Disability Insurance in the same way that you can purchase Long Term Disability Insurance . Contact an agent or website that sells it and inquire about options and pricing . Even if a website does not advertise Disability Insurance , if it sells Life Insurance there is a good chance it sells Disability Insurance , as well . "}
{"input": "How To Obtain Short Term Disability Insurance? ", "output": "It 's common for larger companies to offer short term disability insurance to their employees . Even if they are n't paying for it , the group program would be guaranteed without having to go through underwriting , so it 's worth checking out your work first ! Otherwise , as Peggy said , you 'd go about finding DI by contacting a local agent or website . "}
{"input": "What Should I Look For In Long Term Care Insurance? ", "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": "Who Does Clark Howard Recommend For Term Life Insurance? ", "output": "I have not seen where Clark Howard recommends purchasing term life insurance from any one specific life insurance company . He recommends to comparison shop from websites that offer choices from multiple life insurance companies so that you can find the lowest term life premiums for you and your family . "}
{"input": "How Can I Lower My Home Insurance Premium? ", "output": "The premium is driven primarily by the amount of coverage on the residence . Check with your agent to see if the amount is excessive . Occasionally , due to annual increases , coverage does exceed the actual cost of reconstruction . The second way to reduce the premium is to increase the deductible . There are small decreases available for the installation of central station alarms . Notice , I didnt suggest that you reduce the liability limits . In my opinion that is just not wise . "}
{"input": "What Is Aviva Life Insurance? ", "output": "Aviva Life & Annuity Company has a New York and Iowa Company . The Iowa Company is 1.67 billion in assets with a total surplus & Asset Valuation Reserve of 85.3 million . Aviva Life & Annuity Company is rated by A.M. Best A - -LRB- 4 -RRB- , Standard & Poors A - -LRB- 7 -RRB- and Comdex 62 . "}
{"input": "Why Is Health Insurance So Expensive In Oklahoma? ", "output": "I feel your pain . Health Insurance is just expensive , there are many factors that go into the premium ratings -LRB- age , weight , current health , smoker , non smoker just to name a few -RRB- . However there are ways of getting your premium down depending on what type of plan you choose -LRB- HMO/PPO , deductibles , riders , etc -RRB- . "}
{"input": "When Can I Borrow From My Life Insurance? ", "output": "Permanent cash value policies accumulate -LRB- net -RRB- premiums that are crediting , or in the case of variable universal life insurance credited to or debited from the policy account based on performance . Keep in mind that in the early years of a policy , most contracts have surrender charges that can influence the accessibility of cash values . And remember , borrowing money from a life insurance policy has loan charges associated with the loan . Request an in force ledger from the issuing life insurance company to review the current standing of your policy before moving forward with a policy loan . "}
{"input": "Why Does Car Insurance Cost So Much In Arizona? ", "output": "Insurance prices in general are a function of a multitude of factors . However , when referring to Arizona auto insurance prices in specific , you 'll notice that prices have risen over the past few years . Here are a few of the reasons why : A high percentage of uninsuredand underinsured drivers , a significantly higher cost to pay for medical and litagation related expenses , more vehicles on the road leading to more auto accidents , increaesd value of vehicles , increased cost to repair and replace vehicles and an increasing amount of fraudulant claims . When determining if you should lower your insurance coveragesto offset rising pricesplease consult a professional insurance agent ! Joel Guilbert Liberty Mutual Insurance 480-685-7309 "}
{"input": "Is Mortgage Life Insurance PPI? ", "output": "If PPI means personal property insurance then no it is not mortgage life insurance . Life Insurance for mortgages is simply a life policy which the death benefit is equal to your mortgage amount . In the past , this life insurance which was a term product also decreased the benefit which would be close to what your balance is as you pay off the mortgage . Today , you can get a level benefit for the same cost . If you were to die before the mortgage was paid off the benefit goes to pay the remaining balance . On a decreasing term , that did not leave much left for your spouse unless you had another policy . With the level benefit , whatever is left after the balance is paid off would go to your heirs . "}
{"input": "When Does Medicare Cover Ambulance Rides? ", "output": "Medicare covers emergency ambulance transportation when you need to be transported to a hospital or a skilled nursing facility . Keep in mind this transportation is when you 've had a medical emergency and your health is in serious danger and you cant be safely transported by a car or taxi . Medicare coverage depends on the seriousness of your medical condition and whether you could have been safely transported by other means . Medicare will only cover ambulance services to the nearest medical facility that can give you the care you need . "}
{"input": "When Does Medicare Cover Ambulance Rides? ", "output": "Medicare covers ambulance rides when they are used for emergency situations and medically necessary to transport the patient to the nearest facility for care , and when other transportation would endanger the patient 's health . The ambulance must be Medicare approved . Medicare may cover ambulance rides for non-emergency services if there is a written note from the doctor stating that such transportation is needed to not endanger the patient 's health . Instances where ambulance may be approved for non-emergency situations are for treatment for end stage renal disease , transportation to the doctor when the patient is bedridden , and when there is need for the medical services offered on the ambulance while making the trip . "}
{"input": "Will My Car Insurance Go Up When I Move? ", "output": "It may . Geographic location is one part of the equation that is used to determine your auto insurance rates . Insurance carriers typically usezip code to define a geographic location if your movekeeps you within the same zip code that you currently reside in then your rate quite possibly wo n't change.Depending on how the area is rated as compared to where you previously resided it could possibly cause your rate to gone down or up . "}
{"input": "What Does Long Term Care Insurance Provide? ", "output": "Depending on the policy your Long Term Care will provide coverage in a Nursing Home , Assisted Living , Independent Living or even at home if you can not perform 2 or 3 activities of daily living such as bathing , toileting , you are cognitively impaired , transferring from a chair or to bed or other ADL 's named in your policy . The policy helps provide the funds necessary according to the terms of the policy . Since each policy can be set up differently see an agent experienced in Long Term Care Resource Planning to help you find and put together a plan that best fits your budget . "}
{"input": "Why Is Vacant Home Insurance So Expensive? ", "output": "The reason that the home is more is because the house has no one or anything in it and that puts it at a higher risk for vandals and damages to go undetected till it is to late . with the home vacant the would no one there to notice a fire if it started . Or pipes froze and burst no one would be able to detect damage "}
{"input": "Why Is Vacant Home Insurance So Expensive? ", "output": "It is looked upon as a very high risk to the insurer since the property is not occupied daily where there is a high percentage of vandalism and other internal issues such as pipes breaking that would not be reported . There are insurance compaines that will insure these risks with a high price to pay until the property is renovated and occupied , then an admitted carrier insurance can be purchased at the competitive rates . "}
{"input": "Why Is Vacant Home Insurance So Expensive? ", "output": "It 's more expensive because there is more risk of something happening and going unmitigated . If someone is living in the home , then a leaking pipe , fire , or roof damage will usually be identified much quicker and can be handled before they cause significant damage . Vacant homes also pose a higher much risk for vandalism . "}
{"input": "Which Are The Best Life Insurance Policies? ", "output": "There is no one life insurance company that is the best in every category like price , underwriting , policy provisions , or company financial strength . And the best policies for any one person may be different from one policy owner to another based on individual product suitability . And your health history , smoking status , age , gender all contribute the final offer from a life insurance company . Shopping online for coverage can be a good starting point in your research of carriers . "}
{"input": "Which Are The Best Life Insurance Policies? ", "output": "Which are the best life insurance policies ? Short answer is the one that is in-force the day you die , as that 's the only thing that matters on that day , is an in-force policy . Now if you 're asking what 's the best policy for short term , say 10-20 years with no need beyond , term would most likely be the answer . 20 years plus ? Whole life would be the best . If you 've waited to late middle age and find that you still need life insurance for the long haul , universal life would probably be the answer . There is no best choice for everything . "}
{"input": "Which Are The Best Life Insurance Policies? ", "output": "The best life insurance policy is the one that meet your needs . Because life insurance contracts can be custom designed to accommodate your needs , there is no one best life insurance contract . There is certainly no one carrier that will always have the perfect product for all circumstances so it 's wise to seek the advice of an agent who is familiar with several carriers and their products to determine which is best for your situation . "}
{"input": "Which Are The Best Life Insurance Policies? ", "output": "The best life insurance policies vary from person to person . Some people want to use their life insurance for final expenses , or to pass their estate to their children . For them , permanent insurance is best . Some want to protect their family until their children are grown , or until their home is paid off . For them , term insurance may be best . To find your best life insurance policy , talk over your financial situation with a knowledgeable agent and look at several options . Sometimes getting a couple of different types of life insurance policies works best . "}
{"input": "Can I get the damaged parts back after the repair is complete? ", "output": "I dont think that there is a hard and fast rule about this . If you want parts returned to you make your desires known to the adjuster and then to the shop doing the repairs . Often when something is removed it is immediately set aside for recycling so it is up to you to take the initiative if you want a part . "}
{"input": "Can I get the damaged parts back after the repair is complete? ", "output": "That is a great question ! That really depends upon the garage where the repairs were performed . Some wo n't have a problem returning parts , -LRB- except usually the ones they return for rebates -RRB- , others wo n't at all , for fear you will decide they did n't need replacing and beef about the bill and repairs . It 's been my experience with damaged parts -LRB- and I 've seen plenty , unfortunately -RRB- that they usually are n't having back , as they ultimately do n't work the way they should . Buy new or refurbished , when the time comes . Thanks for asking ! "}
{"input": "What Is Needed To Get Homeowners Insurance? ", "output": "You will need the date of construction for the home , the address , the total square footage , type of basement , number of stories , type of siding , type of roofing , type and size of garage , home heating source , distance to nearest responding fire department , distance of nearest fire hydrant , your personal information , and possibly more detailed information on the home to be able to receive a proper quote . After the quote , complete underwriting , sign paperwork and make premium payment . "}
{"input": "What Is Needed To Get Homeowners Insurance? ", "output": "Talk to your Insurance Professional about coverage options that are available to you . Provide the address of your home along with key information such as the year of construction , style of construction and proximity to both a hydrant and fire station . Talk about any specialty items in your home such as finished basement , fireplace , upgraded kitchen and bathroom features , flooring types etc. . It would be helpful to know if your roof had been replaced or if systems such as heating , electrical or plumbing have been upgraded . If you have a garage , is it separate or attached to your home . If attached , is it along side , built in or basement ? Be sure to advise if you have a central station fire or burglary alarm system . Finally , unless they already have it , they will need your personal information including full name , date of birth and in some cases social security number . "}
{"input": "What's The Average Car Insurance Price? ", "output": "Great Question . A car insurance policy cost on average about $ 500 - $ 900 a year . A lot of factors make up the price for the policy . Type of car , Age of the driver , location of the car , driving record . Also the coverage you pick will change the price of the policy . "}
{"input": "Does Texas Require You To Carry Auto Insurance? ", "output": "Yes , Insurance is mandated by the state of Texas . And there are consequences for not carrying insurance such as surcharges that have to be paid for 3 years per violation . Some cities have passed ordinances where they can tow your vehicle if you do not have auto insurance . "}
{"input": "How Much Critical Illness Insurance Should I Buy? ", "output": "That all depends on what you are needing to cover . The maximum amount I know of is $ 500k . First , I would look at covering lost income while you are out . Second , what expenses would you like not to worry about like your mortgage , health insurance premium , credit card and automobile debt , unexpected or uncovered medical bills , are you going to need to fly in someone to watch the kids while you are at the hospital , etc. . Then the tough part , after getting the quote for what you are thinking you need , look at the premium as it relates to your budget . Is this amount affordable ? Adjust as necessary . AT least you will know where you stand and how you might need to preserve and spend the benefit . "}
{"input": "How Much Critical Illness Insurance Should I Buy? ", "output": "The amount that you should buy depends on your financial circumstances . A serious health condition can cost tens of thousands of dollars , so generally having somewhere between $ 25,000 to $ 50,000 in coverage is prudent for those without the funds to cover such an event . "}
{"input": "How Much Critical Illness Insurance Should I Buy? ", "output": "The amount of critical illness insurance is more a question of affordability and that price tag has several factors to it : gender , age , smoking status , etc. . But if your family has a predisposition to chronic sickness or disease , you should consider purchasing the maximum critical illness insurance now while you 're young and healthy . "}
{"input": "When Do I Need To Get Homeowners Insurance? ", "output": "The first person that will ask you for a homeowners policy is the title officer when you close escrow on your home . The policy is required by the mortgage company to protect their interests in the property . However , even if you dont get that call , you can be sure that insurance is being placed on the property . If you are not using a lender then purchasing a homeowners policy is just good judgment and should be implemented as soon as you have a residence . "}
{"input": "When Do I Need To Get Homeowners Insurance? ", "output": "A homeowners policy is a routine requirement of a lender . You need to have a homeowners policy to satisfy the mortgage company . If you do not have a mortgage , the decision to purchase a homeowners policy seems less restrictive . However , the presence of risk is the reason for a homeowners policy . To start with you have a risk that someone can be hurt on your property and sue you . You run the risk that your house will burn to the ground , making smoke of the building and all your worldly possessions . Few people can tolerate such an extreme risk . Homeowners insurance assumes that risk in exchange for a small premium . "}
{"input": "Can I Refuse Medicare A? ", "output": "Yes , you can refuse Medicare A . But there are no premiums for Medicare Part A. S o unless you do not want to burden the government with paying a great portion of your hospitalization services , there are not a lot of reasons to opt out of Medicare Part A . You will be automatically enrolled in Medicare A when you turn 65 , so will just need to fill out a form to state the reason why you are refusing it . "}
{"input": "Is Income Replacement Insurance Worth It? ", "output": "Yes if a family was to lose their primary income it would be a tragedy or a business owner lost a worker that is a key person or a co owner passed away and takes 50 % of the knowledge you would most likely need to be insured and the spouse which most of the time might not be involved would want to be bought out where would the funds come from ? If the answer is borrow it from the bank you would not qualify for the loan and it is not smart business anyway . always be properly insured the rich do so should you . See my profile and contact me for assistants . "}
{"input": "Does Home Insurance Cover Vandalism? ", "output": "A homeowners policy -LRB- primary occupied dwelling -RRB- written on a special form would cover vandalism . This is not to be mistaken with a rental property which may exclude vandalism , especially if caused by tenants . Check with your agent for the details and coverages of your particular policy to see if your policy includes vandalism coverages . "}
{"input": "Does Medicare Cover Vision And Dental? ", "output": "Medicare does not cover a routine eye exam just to check to see if your prescription has changed -LRB- refraction exam -RRB- . Medicare does not cover new glasses unless you have been prescribed new glasses after cataract surgery . Medicare will cover anything medically wrong with your eyes such as cataracts , glaucoma , macular degenerative disease , etc. . Medicare does not cover dental unless your teeth have been injured as a result of an accident . "}
{"input": "Does Medicare Cover Vision And Dental? ", "output": "No , Medicare does not cover routine dental or vision care . It also does n't cover dentures , hearing aids or the exam for fitting them . However , there are dental and vision plans available and some even cover hearing . A good plan would have immediate coverage for the dental exam , cleanings , fillings and extractions . You should also consider if there is a `` network '' involved . "}
{"input": "Does Medicare Cover Vision And Dental? ", "output": "If you are speaking of `` original medicare '' then the answer is no medicare does not cover routine dental and vision care . However , there are many Medicare Advantage companies that does cover routine dental and vision care and if yuo have dentures and you drop and break one the company will even replace your denture . "}
{"input": "What Does Military Life Insurance Cover? ", "output": "According the VA website about SGLI -LRB- Servicemembers ' Group Life Insurance -RRB- , coverage is offered for every type of death except that which occurs as punishment for a crime or military offense . The punishment of death must be carried out by the US , not by the enemy , in order for the life insurance to be void . Every other cause is covered , including death by terrorism and acts of war . WEBSITELINK "}
{"input": "What Is A Variable Universal Life Insurance? ", "output": "Variable universal life insurance is a security governed by FINRA and an insurance product regulated by the department of insurance in each state . Basically variable universal life has two accounts : the general account with interest rate crediting and the separate account crediting or debiting from equity and bond like instruments , i.e. you can make money you can lose money.The death benefit proceeds generally pass to the policy beneficiaries tax free and the cash values can be used as a supplemental retirement plan . "}
{"input": "Can Illegal Immigrants Collect Medicare? ", "output": "The medicare.gov website states the following : `` Generally , you are eligible for Medicare if you or your spouse worked for at least 10 years in Medicare-covered employment and you are 65 years or older and a citizen or permanent resident of the United States . '' However , millions of dollars have been paid out to illegal immigrants in Medicare benefits . On the other hand , millions of dollars have been paid in to Medicare by illegal immigrants who will be unable to collect Medicare benefits when they turn 65 . "}
{"input": "Which Health Insurance Is Best For Maternity? ", "output": "Anyone purchasing health insurance for maternity should recognize that they are likely to utilize more healthcare , and have greater needs than the general population . A normal pregnancy and childbirth entails extra doctor visits , testing , and a hospital stay . One quarter of pregnancies experience complications , and one in eight babies are born preterm and require an extended stay in neonatal intensive care . You can purchase coverage through state exchanges or at work during open enrollment . The best plan anticipates that having a baby generates large claims . The policy with the best coverage of in-network NICU units may make the most sense - regardless of premium costs . "}
{"input": "Where Is The Best Place To Set Up A Roth IRA? ", "output": "A Roth IRA can be established in many places . Some of the people handling the transaction know very little about the plan . I would recommend that you get a referral to someone who has some training and background in retirement income planning . That person can do more than handle the papers ; they can help you become successful . "}
{"input": "Where Is The Best Place To Set Up A Roth IRA? ", "output": "That is a great question ! I think that it is great that you are looking into a Roth IRA for your retirement planning . They are really good vehicles for saving , and leveraging your tax burden when you are retired and needing income . You can find one offered at pretty much any bank or credit union , but look at several , and where your choices for allocations can go . Have somebody knowledgeable help you , ok ? Thanks for asking ! "}
{"input": "Are Health Insurance Premiums Tax Deductible In Illinois? ", "output": "They can be but it all depends on how you are filed with the state . Your best bet is to speak with an accountant regarding the viability of deducting these premiums . As an LLC filing as an S corp , for instance , the cost of your health insurance premiums is listed on your W2 as income thus it is not deductible in that scenario . "}
{"input": "Are Health Insurance Premiums Tax Deductible In Illinois? ", "output": "It 's best to get expert advice from an accountant . You maybe eligible as a business owner but it 's always best to get the advice from an expert . There is a series of questions when you file your individual taxes if your medical expenses are more than your AGI , I believe it 's 7.5 % of your income . Your tax preparer would have that exact answer . "}
{"input": "Can A Landlord Demand Renters Insurance? ", "output": "Are your belongings protected ? Many renters think their personal belongings are protected by their landlords coverage . That simply isnt the case . If someone is injured in your rented unit they can sue you for personal injury and the resulting suit could leave you bankrupt . The landlord has your interests at heart when he requires a renters policy . The cost is low and the protection is high ! "}
{"input": "Can A Landlord Demand Renters Insurance? ", "output": "A Landlord can demand anything that they would like in a Rental Contract ; it is up to the Renter to agree to it or not . In most States , renters insurance is n't required but is very popular . In actuality , for those tenants that resist buying insurance , a Landlord requiring insurance per the rental contract is doing the tenant a favor . Even if the renter has no interest in the loss of his or her personal belongings , renters insurance includes personal liability coverage . If the tenant is found negligent in the event of a claim , the renters policy would provide coverage to the claiming 3rd party ; in many cases , the claimant may be the apartment building owner or home owner who has suffered the loss . Without insurance , an ugly and lengthy legal battle could ensue causing grief to everyone involved . If after reading this response , the tenant would like to lease a home or apartment but has no interest in insurance other than to satisfy a requirement , it may be suggested to purchase the minimum Personal Property Coverage , the minimum Liability Limit and the maximum Deductible ; this will generate the lowest renters insurance premium . There is a link providing an online format to obtain a quote and buy renters insurance online in multiple States ; it may be used directly byConsumers . An exemplary online experience for all ! WEBSITELINK "}
{"input": "Where Can I Check Medicare Eligibility? ", "output": "You can check your eligibility to receive Medicare benefits through the Medicare website , Medicare.gov . There is a eligibility and premium calculator available on the website . You can also consult with an experienced senior insurance broker to get your questions answered and supplemental programs set up . Please feel free to contact me for help . Thanks very much . "}
{"input": "What Is The Most Popular Medigap Plan? ", "output": "The most popular Medigap plan is Plan F because it 's the most comprehensive and covers all of the benefits at 100 % from day 1 . Plan G is the second most popular plan because it 's identical to plan F except it does n't cover the Medicare Part B deductible -LRB- $ 147 in 2014 -RRB- , but the premiums are typically much lower than plan F . So how do you decide between the two ? It comes down to price . Since Medigap policies are standardized -LRB- meaning a plan F from company A is the exact same plan F from company B -RRB- , the only difference between the coverages is the price you pay for them . With the only difference between plans F and G , if the annualized premiums total more than a difference of $ 147 , then plan G offers you the better deal - if the total is less than $ 147 , then plan F is the better deal . In order to determine what plan is best for you , I would need to know more about you such as your age , gender , any tobacco usage , married or single -LRB- determines availability of a household discount on rates -RRB- , medical history -LRB- if outside open enrollment period -RRB- , and other factors to provide accurate figures and suggest a proper course of action that best serves your needs . I hope the information is helpful - please feel free to contact me if you have any questions , including quote requests , plan comparisons . Thanks very much . "}
{"input": "What Is The Most Popular Medigap Plan? ", "output": "I do n't know if there are any statistics on the most popular Medigap aka Medicare Supplement plan . I believe it is probably Plan F or G , which are provide the most comprehensive coverage . Plan F covers the $ 147 Part B deductible , while Plan G does not . They are also the only plans that cover the Part B excess billing . The most popular Insurance Carrier and premiums will vary by age and state . Please contact me if you require any additional information . "}
{"input": "What Is The Cost For Long Term Care Insurance? ", "output": "The cost for a long-term care insurance policy from a reputable company is running about $ 5,000 - $ 7,000 per year -LRB- $ 450/mo - $ 630/mo -RRB- for a person 55-60 years old , assuming that the person is healthy and can qualify for `` standard '' rate class . A `` preferred '' rate class would reduce those numbers by about 15-20 % . Discounts can reduce premium significantly , if applicable.Long-term care insurance policies used to cost a lot less . But , to be truthful , insurance companies really miscalculated how much it would cost to pay out the high claims of an average policyowner and how much premium it would take to stay in business and make a profit . Even today , with higher premiums for the same coverage design available 10 years ago , the margins on this type of insurance are very thin . Recent claims history studies have shown that 1 -RRB- policyowners do not allow these policies to lapse - less than 1 % do , 2 -RRB- more policyowners than anticipated are going on claim , and 3 -RRB- the cost of medical facilities and skilled home care is going up at a greater rate than most consumer price indices -LRB- CPI -RRB- . The take-away from all of this is in spite of the high cost , even a small , affordable policy is better than not having any coverage at all . A person 's chance of needing at least some long-term care before death is greater than most other risks that people have insurance for . -LRB- However , it would not be prudent to purchase any long-term care insurance policy if going forward one knows that they will not be able to afford the premiums during retirement . If one ca n't afford the insurance , it is imperative to have a family discussion about a plan for family caregiving that might be needed before one dies . -RRB- There are lots of ways to keep costs for long-term care insurance affordable . Design is everything . To reduce premium and still have value , consider a lower-cost inflation rider or none at all ; increase the maximum daily benefit to a higher amount than needed now and shorten up the number of years the pool of money is projected to minimally last ; buy extra-cost riders only if your situation absolutely calls for them . Finally , buy young . Some LTCi experts suggest buying as young as 40 . Most recommend that one not wait past 60 because premiums really start to climb after that age . By age 50 , you should be seriously considering it . -LRB- I bought mine at age 53 and bought it on my wife when she was 49 , and while it has been difficult in lean years to pay the premiums , I am so glad that we have kept the coverage in force . Neither of us would qualify medically to purchase it now . -RRB- "}
{"input": "Does Homeowners Insurance Cover Shingles? ", "output": "Roofing shingles as well as siding are considered to be a part of your dwelling and thus would be covered for damage caused by a covered peril . Wear and tear for example is not a covered peril whereas damage caused by wind , wind driven rain , lightening etc are . Any covered damage to your home would be handled unser the specific terms and conditions of your policy . So talk to your Insurance Professional about this . Give them the specifics about your loss and be sure to ask any and all questions that come to mind . "}
{"input": "Does Homeowners Insurance Cover Shingles? ", "output": "Homeowners insurance typically does cover your roof , whether comprised of common asphalt shingles or another material . However , policies may differ in HOW your roof is covered . Some policies cover the roof for actual cash value -LRB- market value - depreciation = actual cash value -RRB- . While others have a guaranteed amount of coverage . Most people do not know that their deductible may be higher for wind orhail damage claims -LRB- the most common perilswhich lead to an insurance claim on a roof -RRB- . Policies typically have an option of a flat deductible , meaningthe same deductible is paid regardless of the type of claim . As an example let 's say you have a flat $ 500 deductible . Whether there is afire claim or wind damage claim , you pay $ 500 for your deductible . Many policies have the option , and some even require , a higher deductible for wind/hail claims.For example , you may have a $ 1,000 deductible for wind/hail and $ 500 deductible AOP -LRB- all other perils -RRB- . Want to know what coverage you have ? Check out your policy or ask your agent today ! "}
{"input": "Does Homeowners Insurance Cover Shingles? ", "output": "If you are referring to the roof then yes home would cover shingles for the perils of the policy . Keep in mind , wear and tear -LRB- age and deterioration -RRB- are not perils of a homeowners insurance policy . Coverage would be such things as fire , wind -LRB- assuming there is not wind exclusion -RRB- falling objects , collapse due to snow . If you have a specific question or situation please re-post the question or contact your local agent for clarification . "}
{"input": "Does High Blood Pressure Increase Life Insurance? ", "output": "Does high blood pressure increase life insurance ? If you mean increase the price , the answer would be yes . Uncontrolled high blood pressure is often a decline . For some people the life insurance medical exam is the first physical they 've had since high school . Often a eye opening experience can occur . That said , insurance companies do n't usually punish by cost people who have controlled blood pressure via medications . Once controlled , high blood pressure for the most part becomes a non factor . "}
{"input": "Does High Blood Pressure Increase Life Insurance? ", "output": "High blood pressure can increase life insurance premiums . But managed high blood pressure through medication with diet and exercise may mitigate your underwriting offer . Some lower end high blood pressure diagnosis may also be classified also as hypertension . If all other health conditions are within normal parameters managed high blood pressure does n't automatically mean higher premiums . "}
{"input": "Does High Blood Pressure Increase Life Insurance? ", "output": "Having high blood pressure will typically raise the rate you pay for your life insurance premium . If it is controlled , and you have no other health issues , you may qualify for an excellent rating , but perhaps not the `` Super Preferred '' rating that so may of us yearn to qualify for ! Each carrier is different , so utilizing an experienced broker is your key to getting the best rates . "}
{"input": "Does High Blood Pressure Increase Life Insurance? ", "output": "High blood pressure -LRB- hypertension -RRB- will not increase life insurance rates with some companies , as long as it is controlled . Most companies charge a little more if blood pressure medication is used , but some will give their best rating even with the use of one antihypertensive drug . If it takes two or more medications to control blood pressure , the rate will usually increase more . Some companies look at the average blood pressure reading over the past couple of years , some look at the highest blood pressure reading in the past year , and some use a combination of guidelines . Having stable and controlled blood pressure for over 6 months is the best way to get your best rate . However , there are simplified and guaranteed issue policies even for those with uncontrolled blood pressure . "}
{"input": "What Does Aps Stand For In Life Insurance? ", "output": "An APS is an `` Attending Physician Statement , '' and it is often used when you apply for coverage . It is a formal request from the insurance company to one of your medical providers -LRB- usually your family physician -RRB- requesting specific medical records . The insurer usually pays the cost ofobtainingthe medical records . "}
{"input": "What Does Aps Stand For In Life Insurance? ", "output": "When an APS -LRB- attending physician statement -RRB- is ordered by the life insurance company , the insurance company normally uses a service to obtain the APS from the physician or hospital from whom it has been requested . If you have seen more than one physician in the past 5 years , or if a particular physician has important details about your health condition , be sure to include the contact information for those physicians on your life insurance application . It will make the process go much faster if they can order all pertinent APS 's right away . "}
{"input": "Can I Get Life Insurance With Rheumatoid Arthritis? ", "output": "Yes you generally can . This depends on the severity of your condition and the frequency of flare-up . It will also depend on how compliant you are with recommended medical treatment and how up to date you are on your health maintenance . "}
{"input": "Can I Get Life Insurance With Rheumatoid Arthritis? ", "output": "Quick answer : yes . Definite answer : we have to see . Here are some underwriting considerations : How long ago was it diagnosed ? How often do flares occur ? How are pain and joint swelling controlled ? What medications are being used ? Have the medications affected the heart , lungs or kidneys ? Any complications such as bone erosion or cartilage damage ? Any deformities to bones or joins ? Have the deformities impaired functioning ? Well , there you go . Once these questions are answered , you will know for sure . "}
{"input": "Can I Get Life Insurance With Rheumatoid Arthritis? ", "output": "Yes , most life insurance companies will cover persons with rheumatoid arthritis . If you are able to do all your own activities of daily living , hold a job , and are not on narcotic medications , you may be rated at least Standard or better . If your arthritis is severe enough that you are on disability or need a caregiver , there are simplified issue policies that can be obtained in almost every situation . "}
{"input": "What Can Bring Car Insurance Down? ", "output": "There are many factors that are considered when an insurance company develops the rate you pay for your car insurance . Your age , driving experience and record fo course are key factors . So too is where you live , the type of driving you do and the year make and modle of the car you drive . The amount of coverage you choose directly affects the price you pay as well as taking adantage of any and all available discounts to which you are entitled . Any adjustment of any of these factors will have an affect , positive or negative , on teh price you pay . "}
{"input": "What Can Bring Car Insurance Down? ", "output": "Lessening your coverage limits for your policy would bring your rates down . Other factors that may help lower your premium amount for your auto insurance coverage are going ticket or accident free for at least three years and in some case five years . Moving to another geographic location could possible lower your rate . Keeping your credit score high may also help with you auto rates . There are many other factors that go into your auto rate , too many to list . "}
{"input": "What Are Different Ways You Can Plan For Retirement? ", "output": "There are two options you should consider : whether the retirement plan should be qualified or non qualified . Qualified retirement plans to review may be employer sponsored 401 -LRB- k -RRB- s or SEP IRAs or a Roth IRA or traditional IRA for individuals . Non-qualified retirement plans may use tax deferred annuities or life insurance . In unique circumstances , you can combine some of these plans together . "}
{"input": "How To Get The Best Renters Insurance Policy? ", "output": "Getting the best Renters Insurance policy is a bit subjective however be sure you understand the different types of Renters Insurance you have available . You typically have a current value and replacement value which cost different . For example , you file a claim on your TV . If you purchased your TV several years ago it is most likely not worth very much -LRB- current value -RRB- versus you having to go out and get a new one -LRB- replacement value -RRB- . Outside of this , look at the company you are purchasing the Renters Insurance from . Make sure they are reputable and pay their claims . "}
{"input": "Is Medicare Supplement Plan F The Best? ", "output": "Medicare supplement plan F is a very good plan and for some people may be their best option . Supplement plan F pays 100 % of Medicare approved Part A and Part B charges which limits your out of pocket costs after Medicare pays their portion . Over 90 % of my Medicare clients do not buy plan F. "}
{"input": "When Does My Car Insurance Go Down? ", "output": "Potentially it may never go down . Most insurance carriers will keep accidents and ticket on your rating record for three to five years . Your age will also affect your raate . Each carrier will set it 's own determination as to what age groups receive which rates . Many other factors can also affect your rates , i.e. geographic location , type of vehicle and many other factors . "}
{"input": "What Is A Registered Retirement Savings Plan? ", "output": "In Canada a Registered Retirement Saving Plan is a program to encourage people to save for retirement . The plan has a number of regulations , but the basics are that you can deduct your contributions up to a yearly maximum , the grow tax sheltered and are then taxable when withdrawn . You have to start withdrawn before December 31 in the year in which to turn 71 . More information on my website www.jpw.ca If you would like to work with a local Retirement Planner , you could start with a Google search . For example if you search for : retirement planner Halifax or retirement planning Halifax , my name along with several others will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . "}
{"input": "Does Cigna Have Life Insurance? ", "output": "Cigna offers group life , accident and disability insurance policies through employers , but does not sell private life insurance policies to individuals . Connecticut General Life Insurance Company -LRB- Cigna -RRB- does offer individual health insurance plans and Medicare Part D and Advantage plans , in addition to group plans for medical , dental , vision , behavioral health and pharmacy . "}
{"input": "How To Get Home Insurance After Being Dropped? ", "output": "An insurance company may take action to non renew your Homeowners ' coverage for any number of reasons . Their standards are filed and approved by your State 's Insurance Department so the reason can not be arbitrary . If for a number and amount of claims , then these standards are not necessarily the same across the board for all companies . If cancelled as a result of unrepaired hazards , this is a bit more significant , but once the hazards are repaired , that eliminates the issue and you should be able to obtain coverage fairly easily . If your property is in such a state that it fails to meet any company 's underwriting standards , then talk to your insurance professional about options that may be available in your state . Many states have programs for higher risk properties where coverage , though limited , may be available . Finally , if none of these options are viable , if you have a mortgage , your mortgage company will obtain coverage if only to protect the extent of their interest . The premium will be passed on to you and added to your monthly payments . "}
{"input": "Why Is Car Insurance Important To Have? ", "output": "An automobile is an expensive investment . An automobile can be a deadly instrument . When you own and operate an automobile you are accepting both of these major risks . In addition people will travel inside your car and you are responsible for them as well . If you have an at-fault accident with serious injury to the occupants of the other car , occupants in your car and damage to both vehicles , the price can be astronomical . Things could be even worse . "}
{"input": "Why Is Car Insurance Important To Have? ", "output": "That is a great question , and one I get a lot ! The first reason that you should have insurance is that it is required by law to have . If you are going to drive , you 'd better have a policy . The penalties for driving uninsured are stiff , and have long lasting negative effects . The second good reason is that generally people do n't have the money laying around to purchase a second car when theirs is damaged or destroyed in an accident . The insurer picks up the tab -LRB- after deductible -RRB- instead of you , when you have insurance.The third reason is to protect against damages from a lawsuit filed as a result of an accident , having the insurer pay instead of seeing your check garnished is a really good thing . I hope that helps , thanks for asking ! "}
{"input": "Why Is Car Insurance Important To Have? ", "output": "Car insurance is important to have for a number of reasons , the big one being it 's generally required by law ! But if that is n't enough to convince you , here are some other reasons it 's important to have car insurance : 1 -RRB- Car insurance protects YOU . Your bodily injury and property damagelimits determine how much the insurance company will pay if you are sued . So , if you have bodily injury limits of 50/100 , your insurance company will only pay $ 50,000 per person and a total of $ 100,000 per accident . If the amount you are sued for is $ 350,000 , guess who is paying the rest ... 2 -RRB- Car Insurance protects your PASSENGERS . What if you are in an accident , the OTHER driver is at fault , but they do n't have any or enough insurance ? That is when your insurance can help again , IF you have uninsured/underinsured motorist coverage . This coverage is similar to the bodily injury/property damage coverage already discussed , but this coverage is to protect you and your passengers in case you are hit by an uninsured or underinsured motorist . 3 -RRB- Car Insurance protects your CAR -LRB- and your wallet -RRB- . If you have Comprehensive -LRB- or Other than Collision -RRB- and Collision coverage on your car , then your car can be repaired and the repairs will be paid for by the insurance company , minus your deductible . This coverage is generally required ONLY if you have a loan or a lease on the vehicle , but it could be a good idea to sit down with your insurance agent and see if your vehicle should have this coverage . "}
{"input": "What Does Medigap Plan E Cover? ", "output": "Medigap has 10 standardized Plans -LRB- A , B , C , D , F , G , K , L , M , N -RRB- . There is not a Medigap Plan E available . The two most popular Medigap Plans are Plan F and Plan G. Medigap Plan F will cover all Medicare approved charges -LRB- co-insurance , co-pays and deductibles -RRB- . Medigap Plan G will also cover all Medicare approved charges -LRB- like Plan F -RRB- after satisfying the annual Part B deductible -LRB- $ 147 in 2014 -RRB- . "}
{"input": "Is It Good To Have Life Insurance? ", "output": "For most people , it is good to have life insurance . Life insurance allows you to provide for those you love , even after your death . They know when they receive that death benefit which was left specifically to them , that you cared about them and were a responsible person . Life insurance helps financially , but it also has other good ramifications at a very sad and tragic time . "}
{"input": "Is It Good To Have Life Insurance? ", "output": "The only way to answer this is to look at your situation and determine why you should consider having Life Insurance . Here are some examples why you would consider having a Life Insurance . you are married . A life policy would pay off any expenses and help to maintain the standard of living you currently have or perhaps want to provide the means to improve the living standard . you have children . This is a common reason . Have coverage to support your spouse until the kids move out . Perhaps you want to make sure the children have the means to go to college if you were to die prematurely . your a partner owning a business . Life Insurance is used for Key Person & Buy-Sell agreements . Key Person pays the company for lost income if a Key -LRB- important -RRB- employee passes while the company looks for someone to replace you . Buy-Sell purchases the ownership of your partners half that would otherwise fall to the family , surviving spouse . you have a bank loan . Sometimes , depending on the structure of a loan , you might be required to have Life Insurance which would pay the loan back upon your untimely death . This is one way a bank may minimize the risk on the loan defaulting . There are just 4 examples which are common . There are many other situations where it is good to have Life Insurance . Contact your agent/broker to discuss your situation . "}
{"input": "What Information Is Needed For Auto Insurance? ", "output": "The minimum information needed for a quote is the year make and model of the car , the names and birthdates of the drivers in the household , the address of the household and an indication of incidents . I also need the limits of coverage desired . In order to actually convert that quote to an application , I also need the occupations of the drivers , the VIN of the vehicles , the drivers license numbers . It may sound like a great deal of information but most drivers have that information handy . "}
{"input": "How To Purchase A Medigap Policy? ", "output": "You can purchase a Medigap policy on line , direct from the company , or through an agent . The premium will be the same no matter which you choose . I recommend using an experienced agent familiar with all of the plans available in your area . When choosing a plan do not just go by rates alone . While the coverage is the same because plans have been standardized , some companies have a history of going into a state with very low rates and then within two years raise the raise 30 -60 % . If you do n't mind changing plans every year and your health remains good then you might save a little money initially , but in the long run it could cost you money . Find a competitive plan that has a history of stable rates . A good agent can help you with that . "}
{"input": "Does Home Insurance Cover Septic Systems? ", "output": "Sometimes . It really depends upon the terms of your insurance contract . If a covered peril occurs -LRB- e.g. explosion -RRB- and it damages your septic system or a pipe leading into your home from the sewer that could be covered . In this instance you will have to peruse your policy for a specific exclusion to septic/sewer damage to see if your claim will be denied . If your septic system just stops working , however , there is no coverage for this . Normal wear and tear or just age is not a covered peril . That could be a warranty claim against the manufacturer . I hope this helps . "}
{"input": "Why Do Insurance Companies Sell Annuities? ", "output": "All financial product manufacturers develop and distribute product to make a profit . Insurance companies manufacture product to accomplish the same . An annuity is a mortality product , comprised of the difference of their gross returns and what they credit to the annuity , i.e. the spread . They also make money on the mortality expense they assign to the annuitant based on the annuitants gender , age and life expectancy , which can with some carriers be underwritten . "}
{"input": "Why Do Insurance Companies Sell Annuities? ", "output": "Insurances go back hundreds of years . Annuities are an life insurance products that has revolved to be one of the many retirement vehicles in the money world . Their are several reason insurance companies sell annuites . The most likely reason ii that based on mortality its a good form of capital to use to make a profit for the company . It has legal advantages some money instruments do not have . It is a good vehicle to move money from a person estate upon death to their beneficiarys . This another reason insurance companies sell annuities . An excellent service to the general public . "}
{"input": "Why Do Insurance Companies Sell Annuities? ", "output": "A life insurance company works primarily with statistics . The basis upon which life insurance policies are designed is exactly the same as the basis for annuity products , life expectancy . If a person lives past normal life expectancy the company with a life insurance policy is probably experiencing a dividend in that they have not yet had to pay out the death benefit . If the same person also had an annuity he or she would be receiving more than the company originally planned for . One dividend balances the other making an annuity the ideal product to balance a life insurance companys portfolio . "}
{"input": "Why Do Insurance Companies Sell Annuities? ", "output": "A better question would be , why not ? You get a supplement to retirement income that you should not outlive -LRB- if the annuity is planned correctly -RRB- and the company gets to use the money you invest to make a profit , sometimes returning some of that back to you if the annuity is of the variable variety . A win-win in the right situation . "}
{"input": "Which Health Insurance Covers Cosmetic Surgery? ", "output": "As a general rule you should never have an expectation that any health insurance policy will cover cosmetic surgery , at least in the context that most people think of cosmetic surgery . Cosmetic surgery merely for the purposes of enhancing a person 's physical appearance will be an exclusion under individual and group health insurance policies . The possible exception to this rule would be in the circumstances where cosmetic surgery is required as a result of an illness or injury and is required to restore normal function -LRB- or as close to it as possible -RRB- . Even in these circumstances the policyholder should expect that their insurance carriers will require medical documentation as to the medical necessity for this procedure and a pre-authorization from the health insurance carrier is a virtual certainty . "}
{"input": "Does Medicare Cover Hypnosis? ", "output": "Medicare can pay for hypnotherapy for a medical condition -LRB- such as intense and chronic pain -RRB- or a psychological condition -LRB- such as post traumatic stress disorder -RRB- that requires that type of treatment as a medical necessity . Normally , Medicare does not pay for hypnotherapy , even if prescribed as a method to help quit smoking . "}
{"input": "What Are Annuities And How Do They Work? ", "output": "Annuities are contracts that are written by insurance companies . They promise to pay a lifetime of income payments in exchange for a sum of money . From that basic idea there are many forms of annuities with features that apply to specific situations . If the contract is merely holding money the interest on the money is not subject to current income taxes . "}
{"input": "What Are Annuities And How Do They Work? ", "output": "Tax deferred annuities are mortality insurance products manufactured by annuity and/or life insurance companies . There are basically three crediting methods used in deferred annuities : interest rate crediting , indice crediting and separate sub account crediting . "}
{"input": "Will Homeowners Insurance Cover Leaking Toilet? ", "output": "There 's nothing worse than a leaking toilet . Oh . Yes there is . When your homeowner 's insurance does n't cover it . Unfortunately , a leaking toilet is usually a maintenance issue due to wear and tear or a malfunction . Therefore , it is not covered on a typical homeowner 's policy . Hopefully , you know a cheap reliable plumber . "}
{"input": "How Are Annuities Regulated? ", "output": "Tax deferred annuities are regulated by the department of insurance in each state . Variable annuities have an additional governing body called FINRA because it is a registered security product . Licensed insurance agents and registered representatives must be licensed with at least a series 6 and series 63 to sell variable annuities . "}
{"input": "What Is The Best Value In Life Insurance? ", "output": "For most people I highly recommend a life insurance product called EIUL . Equity Indexed Universal Life . It provides cash value . With EIUL sold by Premier Financial Alliance , it also provides full living benefits , covering chronic , critical and terminal care . It allows you to cover any of those ailments , and not have to die to collect your money . Yet it continues too provide a death benefit when you pass , reduced by cash used . Because it is tied to the market , the cash value increases dramatically higher than typical Whole Life , yet it will NEVER lose value due to market crashes . The best of both ! See your PFA agent . It is written by National Life Group , one of the oldest companies in America . GARY LANE . garylane@cox.net . 714\u00a0422\u00a09616 . Thank you . "}
{"input": "What Is The Best Value In Life Insurance? ", "output": "That is a great question , and one I get a lot ! I think there are a lot of people that assume that life insurance is a `` one size fits all '' kind of product , and thus has a relatively similar price range . The truth is that it really is more like a tailored jacket - sized to fit you specifically . The things that go into setting the price for your policy are based upon your age , sex , smoking preference , health history , occupation , prescription history , and weight , just for starters . That is n't even considering the amount , and type of life insurance that you want . So finding the `` best value '' comes down to knowing how to select the best company financially capable of paying your claim when the time comes , and offering the best price for your circumstances until then . A good independent agent -LRB- one not tied to a specific brand name -RRB- can help you find that best value policy . Drop me a line if you need help , okay ? Thanks for asking ! "}
{"input": "What Is The Best Value In Life Insurance? ", "output": "The best value is the policy that pays a death benefit . The type of insurance that will most likely end in a death claim is a permanent policy . For the money , permanent insurance is the best buy when it ends in a death claim . Many can not afford permanent insurance and may have temporary needs . For these folks the best protection is to have adequate coverage with a term policy that goes beyond the time that they think that they will require the coverage . "}
{"input": "Why Is Home Insurance Required? ", "output": "Mortgage companies require that you obtain and maintain acceptable Homeowners Insurance as one of the conditions of approving you for your home loan . In their case , it is to be sure that THEIR interest in your home is protected from loss caused by a covered peril . In some cases , If your home is located in a higher risk flood zone , they will extend that requirement to include Flood Insurance as well . When you are fortunate enough to pay off your mortgage , this should not be an event that makes you to consider cancelling your Homeowners ' and Flood Insurance policies , however . The mortage cmpany no longer has an interest in the security of your home but you and your family certainly do . "}
{"input": "Why Is Home Insurance Required? ", "output": "The agency requiring homeowners insurance is your mortgage company . The mortgage company has loaned you a considerable amount of money . The collateral that they hold for the loan is the home itself . This is called a secured loan . The homeowners policy that they require secures their interest . If the house should be completely destroyed by a fire the settlement will be first to the mortgage company and then to you . "}
{"input": "Why Is Home Insurance Required? ", "output": "In the vast majority of cases , when a home is sold , there is a mortgage involved . The insurance helps protect you , and the lender from suffering a financial loss if something were to happen to the home before that financial obligation was repaid . It is alsoa way to help you protect against the loss of your personal property if something terrible happened to your home , and protect you if someone were injured in your home or on your property . Hope that answers your question , if not , please feel free to contact me through the link on my profile page . "}
{"input": "Why Is Home Insurance Required? ", "output": "That is a great question ! Chances are , when you bought your home you had to get one or more mortgages . You borrowed what was most likely a very healthy sum of money from a financial institution that would like to get that money back , especially if something bad were to happen to the home before the loans were repaid . They are the reason why you have to have homeowners ; that and so you do n't have to go into bankruptcy replacing all of your belongings in the same bad situation . I hope that helps , thanks for asking ! "}
{"input": "Who Are The Top Rated Life Insurance Companies? ", "output": "Life insurance companies are rated by a number of different institutions . Therefore , which life insurance companies are top rated will depend on which rating system you choose to use . Here are the main rating institutions available : A.M. Best Weiss Moody 's Fitch Standard & Poor 's Standard Analytical Service It may make sense to use multiple rating systems to measure the insurance companies you are interested in . "}
{"input": "Who Are The Top Rated Life Insurance Companies? ", "output": "Life insurance companies are rated by rating agencies . The main four rating agencies are AM Best , Fitch , Standard & Poor 's , and Moody 's . When you go to a life insurance carrier 's home page , there is usually a tab that leads you to their rating . The tab may be titled `` Financial Information '' , `` About ___ Insurance Company '' , `` Our History '' , or something similar . There you will see that company 's rating from those rating agencies -LRB- or of the rating agencies from which they have been rated -RRB- . When the rating is shown , it is usually shows what rank it is . "}
{"input": "Does Obamacare Affect Life Insurance? ", "output": "Obamacarewill not effect life insurance , which is sold in the free market andunencumberedby federal intervention . Interestingly , the US Department of Health and Human Services may allow the sale of life and disability insurance at the state exchanges . Thefederaldeficiton the other hand could force the hand of the government to seek new forms of revenue by removing the tax deferred , inside build up of cash values in life insurance and annuities . "}
{"input": "Does Obamacare Affect Life Insurance? ", "output": "Does Obamacare effect life insurance ? So far , no . But at some point Obamacare and all that it offers , has to be paid for . There is a serious effort in DC to find tax revenue sources and life insurance and annuities are both being eyed for future tax revenues to support the cost of healthcare . One thing when changes like this happen , and they do happen , what 's in force is usually grandfathered and kept exempt from the action . Usually something like this would apply to future purchases . Just another reason not to `` round to it . '' "}
{"input": "Does Obamacare Affect Life Insurance? ", "output": "At this point in time the ACA -LRB- obamacare -RRB- does not involve life insurance . That is not to say that at some point in the future life insurance may be tapped for taxes on the inside buildup of cash values to help pay for the ACA which is turning out to be an extremely expensive undertaking . The cash values of life insurance have always had tax favored treatment during the build up phase . So far , those dollars have escaped those in government who seek revenues to fund their projects . So it is possible that in the future Obamacare will effect life insurance , but more as a revenue source tax wise . "}
{"input": "Does Obamacare Affect Life Insurance? ", "output": "Not directly as it is health care reform . But , life insurance may provide for some planning relief for some higher income taxpayers -LRB- 250,000 + -RRB- . In addition to higher income taxes in 2013 for higher income taxpayers , this year also saw new taxes to pay for health care reform due to the 3.8 % Medicare Tax on Net Investment Income and the 0.9 % Increase in Hospital Insurance Tax on Wages . The 3.8 % tax impacts net investment income . With careful planning , life insurance cash values can be accessed , potentially tax free whereas many other sources of income may be subject to the combination of higher tax rates and 3.8 % Medicare Tax . "}
{"input": "Does Obamacare Affect Life Insurance? ", "output": "No . The Affordable Care Act -LRB- aka ObamaCare -RRB- is on health insurance only . It wo n't affect life insurance , auto insurance , home owners insurance or anything other than health insurance . Long term if it causes a lot of frustrated people to jump off bridges or tall buildings it could eventually have an impact on life insurance rates . But so far that frustration has been mainly found in business owners and health insurance agents and has not affected the general public . We will have to see how things go in 2014 to see if it is truly an AFFORDABLE Care Act . "}
{"input": "How Much Home Insurance Should You Get? ", "output": "Most insurance providers these days will begin there service for you by doing an on site inspection of your home . In addition to identifying anyissues that could possibly cause a loss in the future , we complete a Reconstruction Cost Analysis to determine what it might cost to repair or replace your home in the event of a loss . Once that number is determined , a reasonable recommendation can be made that will reflect current reconstruction costs in your area . Your insurance professional will also suggest either full replacement value or extended replacement as an option , which ever the company represented may offer . "}
{"input": "How Much Home Insurance Should You Get? ", "output": "You need to get at least as much coverage as the insurance carrier says is required to rebuild your home . Insurance carriers will provide a calculation of how much it should cost to rebuild the home in a certain area . If you go below that amount then there could be penalties in how much the insurance company will pay out . On a related note , you should obtain a guaranteed replacement cost increase . This guarantees that you will get an extra amount of coverage -LRB- usually a percentage of your current coverage -RRB- to rebuild your home in the case of a catastrophic loss . This way , if you want to rebuild on a nice piece of land , you will not be stuck fronting more money in order to get back to where you were . In summary , never low ball your coverage to save money because you will end up paying out-of-pocket to get back to the status quo . "}
{"input": "How To Get Cheap Car Insurance At 18? ", "output": "The lowest rate that you would depend on the amount of coverage you get , your driving record , and other factors . If you still live at home . Your rate would be less if you are able to join your parents coverage . If that is not possible call your local agent to find out what they have available within your area and the cost that would be involved . "}
{"input": "Does Medicare Plan F Cover Dental? ", "output": "Medicare Plan F does not necessarily cover dental . Some plans will offer dental coverage as an additional benefit , but you need to look closely at the plans to make sure the benefits you want are on the plan . The exception to this is any dental procedure that is covered by Medicare Part B would fall under Plan F benefits as well . Usually this is associated with chemotherapy . "}
{"input": "Does Medicare Plan F Cover Dental? ", "output": "A Medigap Plan F only covers a dental service if Medicare covers it . Routine dental care is not covered by Medicare . Some procedures may be covered under certain conditions -LRB- e.g. you had to go to the emergency room and it was medically necessary to repair something in your mouth immediately -RRB- - you can check with Medicare if you 're not sure if a given procedure would be covered . One of the ways carriers differentiate themselves is by offering `` value-added services '' . Value-added services regarding dental are simply discounts on dental services - not dental insurance . Medigap plans are standardized meaning the plan itself is exactly the same , regardless of the carrier you buy it from . If you want coverage for routine dental services such as checkups , x-rays , fillings , etc. , you would need to add a separate dental insurance plan to provide coverage for routine services . 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": "How Do Joint Annuities Work? ", "output": "With joint annuities , the policy is purchased together . They are usually called `` joint and survivor annuities '' . When one dies , the other owner can continue the annuity , either by allowing it to keep growing , or to start taking payments , or to continue payments that were started when the other owner was alive . "}
{"input": "What Is A Medicare Award Letter? ", "output": "If you are under age 65 and have applied for disability with Social Security , if approved by Social Security you will eventually become eligible for Medicare . The general guideline is following 2 years of Social Security disability payments you are eligible for Medicare but there are specific medical conditions , such as ESRD , where you can be awarded Medicare benefits before two years have passed . "}
{"input": "How Can Car Insurance Be So Expensive? ", "output": "Car insurance companies operate on a very slim margin . The cost of your policy is equal to your share of what your company anticipates paying out in claims . These claims cover liability settlements as well as repairing the vehicles of policy holders who experience damage . Your driving record might disqualify you for rate discounts and other adjustments . "}
{"input": "What Is The Best Medicare Drug Plan? ", "output": "The `` best '' Medicare drug plan is the one that fits your needs and budget . Sometimes paying more will result in lower total annual costs , sometimes not . I have a husband and wife as clients . Husband takes about a dozen drugs , some quite expensive . The wife takes 4 drugs and none of them are terribly pricey but they are not $ 4 generics either . As it turns out the `` best '' plan for her runs about $ 80 per month while his plan -LRB- coincidentally with the same carrier -RRB- is about $ 50 per month . If she chose a lower priced plan her total annual costs would rise by several hundred dollars . If he opted for the more expensive plan like she has , his total annual outlay would also increase . The formulary is the driving factor in both these situations . "}
{"input": "What Is The Best Medicare Drug Plan? ", "output": "There is no best plan , but there are best plans for your situation . The best plan for you takes in to account your medicines , dosages , frequencies , and your preferred pharmacy . Using the Part D plan selector is a great way to compare your Part D options . Visit www.medicare.gov . Remember to give the . gov site and not the . com site . The . com site is not affiliated with CMS -LRB- the government entity who runs Medicare -RRB- . "}
{"input": "What Is The Best Medicare Drug Plan? ", "output": "It is actually a violation of CMS -LRB- the center for Medicare and Medicade -RRB- for an agent to ever state that any Medicare Drug Plan is the best . The best is a word that means different things to different people . And a plan that is a good choice for you could be a poor choice for your spouse . The only proper way to select your RX plan is to go on Medicare 's website and type in all your current medications . This will give you a list of all the plans that cover your meds . It will also tell you the deductibles , co-pays and premiums for each plan . Your Medicare Supplement agent should do this for you each year . Or you can pretty easily do it yourself if you prefer . "}
{"input": "What's Similar Between 401K And Roth IRA? ", "output": "The similarity between a Roth IRA and a 401 -LRB- k -RRB- plan is that they are both qualified retirement plans . The Internal Revenue Service has issued regulations on both and they appear in the Code . The number 401 -LRB- k -RRB- is the code section that permits that specific type of retirement program . In both programs the income tax on earnings from money held in the program is tax-deferred , meaning that there isnt any income tax on the earnings in the current year . A Roth IRA is an individual plan . You own the plan . The money that you put into the plan is made with money that has already been taxed . You dont need to be the employee of a particular company to have a Roth IRA . There isnt any tax current tax deduction for the deposit . You can have a Roth IRA even if you have a retirement plan elsewhere . As a plan owner you select where the funds are to be invested , within limits . There are adjusted gross income limits to participation so check with your advisor if you have relatively high income . A non-working spouse can have a Roth IRA . A 401 -LRB- k -RRB- is an employer sponsored plan . Your employer sets up the plan and either administers the plan directly or uses a third party administrator to maintain the plan . Under most circumstances the employer states clearly who can participate in the plan . The money contributed to the plan is normally deducted from your paycheck before income tax is withheld . That is because that money is tax-deferred . There wont be any current income tax on that money . Sometimes employers will match some of the money contributed as an incentive . Particularly when the employer contributes to the plan there will probably be a vesting schedule . That means that the money contributed by the employer isnt really yours until you meet a certain criteria for service or participation in the plan . The plan will also stipulate whether in-service withdrawals can be made , and the conditions under which they can be made . During the accumulation phase withdrawals from a 401 -LRB- k -RRB- plan can trigger a taxable event . However , with a Roth IRA if the program has been in place for more than five years and you are older than 59.5 , or have become disabled or need the money for a first-time home purchase , there isnt a penalty tax of 10 % . You can also use the money for higher education costs . Withdrawals for education prior to your reaching age 59.5 will be subject to income tax even though they are not subject to the additional 10 % penalty tax . You can withdraw up to the total of your payments without income tax or the additional 10 % penalty tax . Treatment can be different under a 401 -LRB- k. -RRB- The plan itself might not allow in-service withdrawals and income tax and penalty could also be charged . During the accumulation phase the 401 -LRB- k -RRB- plan will offer a limited number of investment options , often including an option to purchase company stock . Those are the only investment options available . However , a Roth IRA can be funded with a variety of investments and changed whenever it is deemed best by you . When you retire with a 401 -LRB- k -RRB- the IRS will require that starting after you reach 70.5 you must make withdrawals every year . These are scheduled in the code . With a 401 -LRB- k -RRB- these withdrawals are treated as ordinary income and are fully taxed . This is not a requirement of your Roth IRA . Withdrawals are not required and when you decide to take them , they are free of income tax if you are over 59.5 years old . You can name a beneficiary with both types of plans ; however with the Roth IRA if the plan has been held for more than five years , the funds can pass to an heir tax-free . The key issue is that deposits in a 401 -LRB- k -RRB- are currently not included in your income tax and may be matched by your employer . The contributions to a Roth IRA are made with after-tax dollars . When you retire all of the money in your 401 -LRB- k -RRB- plan will be taxed as withdrawn as ordinary income , however , none of the money from a Roth IRA will be taxed . "}
{"input": "Is Long Term Care Insurance An ERISA Plan? ", "output": "Long term care insurance policies offered at the job , whether fully insured or self insured , are under ERISA -LRB- the Employee Retirement Income Security Act -RRB- . As people age and their group long term care policies begin to be used more and more , ERISA will enter into the determination of payment of benefits . "}
{"input": "Is Short Term Disability Covered Under Cobra? ", "output": "COBRA regulates traditional health insurance plans . Traditional plans make benefit payment directly to providers in exchange for treating medical conditions . COBRA allows employees to continue group coverage after leaving an employer . Short term disability is not covered under COBRA . However , many policy types are portable . That means you can continue coverage by direct debit to a checking account . Check with your insurance carrier and ask if you can convert to direct payment . "}
{"input": "What Does Homeowners Insurance Cover In A Hurricane? ", "output": "A homeowners insurance policy covers damage to the structure , loss of personal property , increased living expenses and some medical expenses if the damage is the result of a named peril . In some policies , the perils are specifically named , while in others the policy covers everything but the excluded perils . In any case , insurance companies have paid enormous sums to assist policyholders who were hit with a hurricane . "}
{"input": "What Does Homeowners Insurance Cover In A Hurricane? ", "output": "Oh , this is a great question ! This is one of those questions that really requires thatyou to look at your policy , and the way that it is worded . Many homeowners are in for a shock when they realize that water from the ground surge is n't covered , unless they have flood insurance , or a rider that includes it . Same with wind damage . Often , deductibles are higher when hurricane damage coverage is included , so that might give you an idea if it is covered in your policy . Get with your agent , and see . Depending upon where you live , and the company that you bought from , you may well be covered , but it never hurts to be certain , especially before you need to know . Thanks for asking ! "}
{"input": "Can I Cash Out My Fixed Annuity? ", "output": "Annuities are long term contracts designed to accumulate and then disburse money in retirement . Most annuities can be surrendered . Many contain a surrender charge that decreases every year until it disappears . Surrender of the annuity might create a taxable event . Of course the right to surrender the annuity should be written as a part of the contract so please consult the contract . "}
{"input": "Can I File An Auto Insurance Claim Without A Police Report? ", "output": "Yes , of course . Not all auto claims involve the police or require an accident report . If the car is involved in an accident of some sort on a public road or highway , or if it is stolen or vandalized , then yes , a police report would be a potential requirement . If however , your car is hit while legally parked , or if a tree falls on it , or you hit a curb or pothole or your garage door while backing out , these are some examples of claims situations where the police would not be involved . "}
{"input": "Can I File An Auto Insurance Claim Without A Police Report? ", "output": "A police report is often very difficult to obtain . In many jurisdictions the policy will respond only to accidents involving bodily injury . These jurisdictions often have a report request on their website . However , with the widespread use of smart phones , you can snap pictures at every conceivable angle and establish the loss quite clearly . "}
{"input": "Can I File An Auto Insurance Claim Without A Police Report? ", "output": "You can file an auto insurance claim without a police report , especially if there were no police involved . However , when there are damages and/orcitationsissued , you would always want to file a police report to protect yourself . If you have an accident that is not your fault , without police involvement , the other party couldmysteriouslychange their story . "}
{"input": "Who Are Good Home Insurance Companies? ", "output": "There are many goodhomeowner ` scompanies.Amongsome of the largest and most reputable carriers are Farmers , Allstate , State Farm , USAA , Nationwide and Liberty Mutual . Naturally , rates will be different depending where you live and what type of coverage you have on your home , personal property etc. . . A broker/agent can very quickly gather some information and provide you with a free analysis of the best homeowner 's insurance prices in your area . You may be eligible for some substantial discounts that will reduceyourrate . "}
{"input": "Does Disability Insurance Cover Maternity? ", "output": "Short Term Disability Insurance can cover maternity if you purchase it before you are pregnant . Contact a broker that sells Short Term Disability products to find out the features of the policy and how to qualify for it , as each policy is different and there are different payment options for different birth situations . "}
{"input": "Does Disability Insurance Cover Maternity? ", "output": "Long Term Disability Insurance covers complications of pregnancy and childbirth that require you to be off work for longer than the elimination period on your policy . If you have an elimination period of three months and are put on bed rest for the last month of your pregnancy , then go back to work two months later , your policy would not be of value in that situation . Short Term Disability would work much better , as it pays after a much shorter elimination period . You can choose to have your benefits start after several days or weeks . "}
{"input": "What Does Medigap Cost? ", "output": "Medigap is health insurance sold by private insurance companies . Each insurance company has it 's own set of Medigap premiums . These premiums are usually based on the Medicare recipient 's zip code , age and tobacco status . Cost of your premium will also depend on which Medigap Plan benefits you want to buy . The best way to see how much a Medigap Plan will cost is to work with an independent agent who specializes in Medicare Supplement insurance . In just a matter of minutes , we can provide you with the insurance companies and premiums available in your area -- and , not just with the insurance carriers you see online . Once you have quotes tailored to your criteria , you 'll know exactly how much Medigap insurance will cost . If I can help you with your specific situation , please feel free to contact me . "}
{"input": "What Does Dave Ramsey Think About Annuities? ", "output": "Dave Ramsey does not recommend fixed annuities . He suggests considering variable annuities only if you have all debt paid off , have emergency funds saved up , used up all your tax deferred options , fully understand the variable annuity , and invest in the four types of mutual funds he recommends -LRB- growth , international , growth and income , and aggressive growth -RRB- . "}
{"input": "Is Now A Good Time For Annuities? ", "output": "The are three basic tax deferred annuity crediting methods : interest rate crediting , indice crediting and separate accounts using equity and bond investments : Once you determine your risk tolerance , and time horizon for distributions , you can prepare to purchase one of these types of annuities for income during retirement . "}
{"input": "Does Life Insurance Cover Medical Bills? ", "output": "Life insurance will cover medical bills or whatever bills that the BENEFICIARY uses the proceeds to cover . Unless the life insurance policy has `` living benefits '' or a rider specified for certain expenses incurred while still alive , the policy does not pay out anything until the death of the insured person . "}
{"input": "Does Life Insurance Cover Medical Bills? ", "output": "Life insurance pays a death benefit to the beneficiary named in the policy . The amount is usually income tax free to the beneficiary . The amount can be used by the beneficiary as they choose . In recent years , accelerated benefit riders -LRB- ABR -RRB- have been developed to accelerate , during the final stages of life , some of the death benefit amount in the event the life insured becomes terminally ill . This emerged in response to a need to access cash for the high cost of medical care near the end of life . If available , there is usually no cost to ABR to the policy . Not all life insurance policies have ABRs but many newly issued policies do . Some ABRs also cover chronic illnesses or long term care . The policy owner would need to consult the policy for claim terms , contact their agent or call the life insurance company to learn more . "}
{"input": "Can An Auto Insurance Claim Be Canceled? ", "output": "I 'm not certain of the reasoning behind this question . The carrier would be the only party that would be capable of cancelling a claim after it 's processing had begun , but I suspect that most carriers would only allow this to happen undervery specific circumstances . The insured would be capable of requesting the claim be cancelled , but that would more than likely be all the more influance that they have . "}
{"input": "Can An Auto Insurance Claim Be Canceled? ", "output": "More then likely no , usually it is determined that the claim is warranted prior to it being entered in the first place . I have seen claims canceled in certain situations and that is because of fraud . You may be able to ask them to close the claim , however depending on the claim type they may not . "}
{"input": "How Much Does Car Insurance Cost For A Teenage Girl? ", "output": "It would be unfair to you and the insurance carriers out there to even try to suggest a rate for a teenage girl based on the information provided . Contact a local agent and inform them of your coverage concerns and they can provide you with a no cost quote for the coverage that you are seeking . "}
{"input": "How Much Is A Typical Life Insurance Premium? ", "output": "There really is no such thing as a typical life insurance premium because they vary so much . The price of life insurance depends on your age , your health , your sex , the type of policy you get , and the face amount of the policy . To get an idea of what you might pay for different face amount and types of life insurance policies , there are many online life insurance quote engines to tell you that . If you pick one that gives `` instant '' quotes , you can run many different options without having to talk to an agent . Just make sure that you do talk to someone before applying so you can be put with the best policy for your particular health . "}
{"input": "Does Skin Cancer Affect Life Insurance? ", "output": "Basal cell carcinoma has little to no effect on life insurance rates , especially if it has been frozen or surgically removed by a dermatologist or other doctor . Squamous cell carcinoma will have more effect on life insurance rates , and the treatment must be effective -LRB- a free margin of healthy tissue surrounding where the cancer was -RRB- before a medically underwritten policy will be approved . Melanoma is the most serious form of skin cancer , but can often be covered after a period of a year or more . This is especially true if the melanoma was stage 0 to 2 . A `` flat extra '' might be charged for a set number of years . This extra charge drops off after those years have passed , whether the melanoma recurred or not . For more advanced cases of melanoma , there are some No Exam policies that can be purchased a year or two after the last cancer treatment , or `` guaranteed issue '' policies that have no health requirements but have rather narrow age restrictions . "}
{"input": "Does Skin Cancer Affect Life Insurance? ", "output": "If the skin cancer is single cell skin cancer -LRB- the most common -RRB- it wo n't affect it much if any . But if it is melanoma it is much more serious and will make you uninsurable with most life insurance companies . Melanoma is just as serious as internal cancers such as lung cancer . Many people die from it each year . "}
{"input": "What Is The Fee For Not Having Health Insurance? ", "output": "Under the Affordable Care Act , there is a fine/tax/fee -LRB- whatever you want to call it -RRB- if you do n't have qualifying health insurance . For 2014 , the fine is $ 95/year for each uninsured adult in the household , or 1 % of the household income . The fine increases in future years . For example , in $ 2015 the fine is $ 325/year for each uninsured adult in the household or 2 % of the household income . "}
{"input": "How Does A Retirement Plan Work? ", "output": "How does a retirement plan work ? A retirement plan is something where you systematically contribute towards your future needs in hopefully a tax favorable manner . A retirement plan can be what ever you choose it to be , if your idea is saving for retirement . That said , a person should look at the many tax advantaged options that are out there for their benefit . The big thing however , it does n't matter what you choose if you fail to fund it . The best retirement plans are the ones funded by the participants and/or employers . A passbook savings account with money in it is far better than a 401 -LRB- k -RRB- that was never participated in . "}
{"input": "How Does A Retirement Plan Work? ", "output": "Each one is separate . The `` old fashioned '' defined benefit -LRB- AKA final benefit -RRB- plans mostly only exist in the public domain and unions . Some small professional business entities will use defined benefit . Most retirement plans today are money purchase 401 -LRB- k -RRB- and similar plans that accumulate cash balances to be paid when you reach retirement age . "}
{"input": "How Does A Retirement Plan Work? ", "output": "There are two types of retirement categories : ERISA sanctioned qualified plans and non ERISA , non-qualified plans . ERISA plans like 401 -LRB- k -RRB- , 403 -LRB- b -RRB- , 412 -LRB- i -RRB- allow tax deduction able contributions , tax deferred accumulations and taxable distributions . Non ERISA non-qualified plans have no tax deductibility , but have tax deferred accumulations . The distributions depend on the product line . Annuities gains are taxed as ordinary income and TAMRA compliant permanent life insurance can generate tax free income providing the contract is just in force for the life of the inured . "}
{"input": "Does Medigap Cover Physical Therapy? ", "output": "According to the 2014 Medicare and You handbook distributed by CMS , physical therapy is a limited Medicare approved item . Medicare covers an evaluation and treatment for any injury or disease that changes your ability to function -LRB- provided a doctor approves your need for physical therapy -RRB- . There may be a limit on the amount Medicare will pay for physical therapy services in a single year . Most Medigap Plans will pay the remaining 20 % that Original Medicare does not pay for Medicare approved physical therapy . "}
{"input": "Should I Get My Own Disability Insurance? ", "output": "If you do not have Disability Insurance through your work , it is a good idea to get your own DI policy . Or , if your work policy does not provide as much coverage as you would like , you could purchase a supplementary Disability Insurance policy . Long Term Disability is the type of DI policy most people purchase on their own . "}
{"input": "What Are The Two Different Types Of Life Insurance? ", "output": "Term and permanent life insurance are the two basic types . Term life insurance is for temporary needs where the coverage duration is known and finite . Most term policies are available for periods of up to 30 years and may feature level annual premiums . There is no cash surrender value in most products -LRB- except for return of premium term -RRB- . At older ages , term rapidly becomes cost prohibitive and is generally not available for long durations . Term is a relatively simple product to understand and so affordable , it can fit most any budget . It is ideal in situations such as with young families who have a tight budget and need life insurance for protection for up to 30 years . For business situations , it is frequently used to fund buy-sell agreements to ensure the cash will be available for share purchases in the event of untimely death . For coverage that does not expire before you do , permanent -LRB- cash value -RRB- life insurance is more appropriate . Most term policies feature conversion without evidence of insurability to permanent policies later when they can better afford the premium for lifetime funding and coverage . Permanent life insurance variations - whole life , universal life , etc. - and are designed to provide lifetime death benefit protection that can not be outlived . Cash values build over time which help make the premium you pay level over the life of the policy . "}
{"input": "What Do I Need To Get Home Insurance? ", "output": "The most probable scenario on why you absolutely need home insurance is that your mortgage company requires it . They want to ensure they get their money back in the event of a loss . If you are in a position to where your home is paid off then that is another story . However , by not carrying home insurance you are subjecting yourself tounnecessary risk . Your home insurance not only provides coverage for that home which you worked so hard to pay off , but also provides protection against liability . Meaning when the neighbors kid breaks his arm playing on yourswing-set and his parents want to sue you . Without home insurance , the neighbors may be the proud new owners of your home ! "}
{"input": "What Does Face Amount Mean On Life Insurance? ", "output": "The face amount means the amount of money that will be paid to the beneficiary when the insured person passes away , or when the policy matures . In term life insurance , the face amount is the amount of life insurance that was purchased . "}
{"input": "What Does Face Amount Mean On Life Insurance? ", "output": "The face amount of a life insurance policy is the death benefit the beneficiaries will receive upon the demise of the policy insured . The death benefit can also increase depending on the type of permanent life insurance policy you purchase . "}
{"input": "What Does Face Amount Mean On Life Insurance? ", "output": "The `` face amount '' of a life insurance policy is the original specified death benefit that you purchased at the time you applied for the coverage . This is the amount that will be paid to your beneficiary at the time of your death . If you have some form of permanent Life Insurance -LRB- Whole Life , Universal Life , Variable Universal or the like -RRB- and have borrowed from the accumulated cash value of the policy , then any outstanding loan balance would be subtracted from the face amount and the balance then paid to your beneficiary . "}
{"input": "What Is The Best Medicare Supplement Insurance In Oklahoma? ", "output": "The best Medicare supplement plan in Oklahoma is the one that meets your needs and budget . Medigap plan F is the most popular plan , but you should consider all options rather than just picking based on popularity . Understand that all Medicare supplement plans with the same letter are identical in every way except price . "}
{"input": "Can A Disabled Person Get Medicare? ", "output": "Yes . If you are under 65 and after you get disability benefits for 24 months from Social Security you will be automatically enrolled in Medicare Part A & B . You can also get a Medicare Supplement or Medicare Advantage plan at that time . Keep in mind you will get one other Open Enrollment period when you turn 65 . This is important because you can switch to a different Medicare Supplement effective the 1st day of the month you turn 65 . There is no underwriting for this one time period so any disability you have will not be a factor in getting a Medicare Supplement plan . "}
{"input": "How Much Does It Cost To Add A Second Driver To Car Insurance? ", "output": "The cost of adding another vehicle to you current policy is going to depend on many factors . What type/levels of coverage are you looking for on the other the vehicle ? How many drivers are in the household ? Also the normal factors that come into play when first getting coverage from a carrier . Call your current agent to find out the rate for adding an additional vehicle to your current policy . "}
{"input": "Can Life Insurance Be Garnished For Child Support? ", "output": "Generally speaking , if the life insurance policy had a person named as Beneficiary , and the Insured person passed away , the benefits from that policy should go to the Beneficiary and be safe from garnishment for child support -LRB- if the garnishment was against the Insured -RRB- . If the Beneficiary stated in the policy is the estate , then the life insurance could be garnished for child support owed by the deceased . If the child support is owed by the Beneficiary , rules regarding wage garnishments against the Beneficiary of the life insurance proceeds vary by state . If you owe child support and are the Beneficiary of a life insurance policy in which the Insured passed away , there has to be a judgement made against you . Then , it varies by state whether any of the life insurance proceeds can be taken away from you for child support payment . You should contact legal counsel for the answer to this question . "}
{"input": "How Much Does Renters Insurance Generally Cost? ", "output": "There are several factors that govern the cost of renters insurance . The cost is based on the value of your contents , construction of your residence , type of dwelling -LRB- house versus apartment versus mobilehome -RRB- , and location . When you weigh the cost of NOT having insurance on your contents if something were to happen , , , , , it 's a small price to pay . And do n't forget that most DECENT policies will pay to put you up in a hotel if something should happen to the residence you are renting that caused the residence to be uninhabitable ... that portion is called Additional Living Expense . "}
{"input": "Does Medicare Automatically Bill Secondary Insurance? ", "output": "Your doctor or other medical provider does NOT bill your Medicare supplement carrier . All claims are electronically filed directly with Medicare . Medicare reviews and adjudicates the claim , then passes on the claim to your Medicare supplement carrier that is on record . This is all part of the crossover process where the claim moves from Medicare to your supplement carrier . WEBSITELINK Your supplement carrier does not adjudicate claims and can not deny any claim approved by Medicare . "}
{"input": "Does Medicare Automatically Bill Secondary Insurance? ", "output": "Medicare does n't bill insurance at all . If you have secondary insurance your doctor should bill both Medicare and your secondary insurance . If he does n't then you need to send the bills to the insurance company yourself , but most doctors and hospitals will handle that , you should n't have to . Most are happy to do so since it helps them get paid faster . "}
{"input": "Can I Buy Car Insurance For Just One Month? ", "output": "You can buy car insurance for one month . You can buy coverage for three months , six months or most other time periods . When you bu a policy , you will be required to pay a premium , which may be up to 33 % of the 6-month policy charge . After one month , you can request to terminate the policy . "}
{"input": "What Is A Premium In Health Insurance? ", "output": "A premium is the amount you pay to the insurance company -LRB- generally on a monthly basis - depending on the kind of insurance , you may desire to pay quarterly , semi-annually , or annually -RRB- in exchange for coverage under a given policy . When a certain type of claim is made , the insurance company is going to pay the claim instead of you up to the defined amounts as stated inside the policy - for health insurance , the policy may only state the carrier is going to cover a percentage of the claim and you would pay the difference . "}
{"input": "What Kind Of Renters Insurance Should I Get? ", "output": "I am not certain what your intent of the word `` kind '' is . In my experience there is only one type of renters insurance policy and then there are additional endorsements and coverage levels available for the policy . A carrier may create a package of specific coverage levels and endorsements and give that a name but the same coverage would more than likely be available through another carrier just not sold as a package . "}
{"input": "How Do Retirement Plans Minimize Taxes? ", "output": "This really depends on the retirement plan , and not all retirement plans necessarily minimize taxes . Most plans that used what is colloquially referred to as `` qualified '' money , which means money that is deducted from income for income tax purposes in the year the money is placed into the plan will reduce your taxable income for that year . Many accountants and financial advisers will suggest you do this to save taxes in that given year . Whether or not this ultimately saves you any money in taxes long term depends on your taxable income once you retire and begin to take the money out of the plan , at which point in time it must be recognized as income and taxes will be due . "}
{"input": "How To Start A Life Insurance Business? ", "output": "This is a pretty big and a bit vague . I will assume you are talking about becoming an agent or broker marketing life insurance . When I have brokers who connect to me from just passing their licensing exams , the only focus is how to begin marketing . Let 's face it , if you have no one to market to , then you are out of business before you start . Many agencies will talk to you about what I refer to as your Project 100 . This is all the people you personally have connections to such as your family -LRB- parents , brothers , sisters , aunts , uncles , grandparents and on and on -RRB- , then your doctor , dentist , neighbors and on and on . These people are good to perhaps get some practicing in but what happens after you talk to all of them ? Many agents end up leaving this profession after they have exhausted your Project 100 because you have not learned how to market to others . What niche are you going to focus on , etc. . Put together a business plan , find a mentor who can help you with objections , marketing ideas , advanced sales which life insurance can be used for and identify your market . Now you are off to a good start . I hope this is what you are looking for with your question . "}
{"input": "How To Start A Life Insurance Business? ", "output": "How to start a life insurance business , step 1 is to get a license . Then you have to market yourself . There are various types of life insurance , term , whole life , univeral life . Different markets to work in , final expense , mortgage protection , key man . You need to be in front of someone everyday ! If your not submitting apps , your out of business . Find a way to generate leads , you need to sift and sort from who is serious and who is tire kicking . Direct mail houses , telemarketing companies . It 's good to start with a niche then go from there ! "}
{"input": "How To Start A Life Insurance Business? ", "output": "Matt 's tips are great for starting a face to face , or brick and mortar , life insurance business . My business is mostly online . If you input `` How to Bowl a Strike Life Insurance '' into a search engine , you will find a copyrighted article I wrote with tips on how to start an online life insurance business . Best wishes . "}
{"input": "Does Health Insurance Cover International Travel? ", "output": "Some health insurance policies will cover out of country , international travel medical expenses . You need to understand there are no networks once you leave the country and your policy may be treated as a reimbursement plan . If is always wise to purchase an international travel medical plan to cover items not included in your current health insurance plan . Med evac and translation of medical records are two examples . "}
{"input": "What Is A Good Affordable Car Insurance? ", "output": "Independent insurance agencies in your area will get you comparison quotes , usually from some of the strongest carriers doing business locally . If you are an AAA Auto Club member , they would like to talk to you about your auto insurance needs . For those with military backgrounds and direct connections , USAA is viable along with several other Armed Forces sources for insurance . A simple search will provide contacts for these and many other options for auto insurance to fit your specific financial and coverage needs . "}
{"input": "What Is A Good Affordable Car Insurance? ", "output": "No one company fits all needs so my suggestion is to contact your local independent insurance agent . An independent agent can shop quotes with many different insurance providers and help you find the right coverage 's at the right premium to fit your specific needs . This way you are less likely to over pay and be under insured . "}
{"input": "How Much Is Home Insurance On A Condo? ", "output": "Condo insurance is an individualized product , which means that the rates will vary from insured to insured based on the many factors that go into determining the rate . Some of the factors that the rate is based on are : the reconstruction valuation of the premise , the geographic location of the premise , the coverages desired , and many more . Contact a local agent to discuss the coverage available and pricing . "}
{"input": "Who Would Need The Greatest Amount Of Life Insurance? ", "output": "The amount of life insurance needed is really only limited by the income and assets being protected , insurability and the capacity to pay premiums . The maximum coverage most insurers will consider for someone under age 45 will be 25 times earned income . The earned income multiples grade down as you age . At older ages , net worth plays a bigger role in establishing maximum coverage . As for who would `` need '' the most , consider that ultra high net worth individuals will continue to buy life insurance for estate planning purposes as their wealth grows to deal with estate liquidity issues . At some point , insurer retention limits and reinsurance capacity limits are reached such that the theoretical limit of US life insurance coverage on an eligible life is about $ 250 million . "}
{"input": "Who Would Need The Greatest Amount Of Life Insurance? ", "output": "Those who need the greatest amount of life insurance are those who would have the greatest losses , numerically speaking , if they passed . Persons with very high incomes would need a very high amount of life insurance to replace their income in the event of their deaths . Owners of a highly valued business could purchase a very large policy to buy out the share of another owner who passes . A son could take out life insurance on his father so that he is able to purchase his father 's ranch when his father passes . Of course , needing a great amount of life insurance does not make the need any more important than for those who need lesser amounts . Sometimes $ 10,000 can mean as much to one beneficiary as $ 1,000,000 can mean to another . "}
{"input": "Who Would Need The Greatest Amount Of Life Insurance? ", "output": "This is a great question . The amount of insurance that a person needs is completely up to them . I have clients that want a low amount of coverage just to assure that they are buried properly and then I have clients that want half a million or more to assure that the house and cars are paid off and that the children are taken care of in the event of their death . "}
{"input": "Does USAA Have Good Life Insurance? ", "output": "Good morning . I am a benefits consultant focusing on medical and also sell Life insurance . I have been with USAA for 40 + years and have purchased their life insurance policies . The return is quite good and the service is very good . This applies to both their term and permanent policies . "}
{"input": "Does USAA Have Good Life Insurance? ", "output": "USAA is an excellent carrier with a long and storied past . Their support for our armed services personnel and their families is without equal . USAA -LRB- United Services Automobile Association -RRB- is a Texas based insurance carrier founded in 1922 to serve the financial needs of past and present members of our armed forces . In some situations , the USAA policies are quite competitive and in other areas you can find a better value . "}
{"input": "Does USAA Have Good Life Insurance? ", "output": "USAA is rated A + + by AM Best -LRB- highest of 16 possible ratings -RRB- , Aaa by Moody 's -LRB- highest of 21 possible ratings -RRB- and AA + by Standard & Poor 's -LRB- second highest of 21 possible ratings -RRB- . In regard to life insurance products , they carry several types of products . Between their strong financial strength and variety in products , it could well be said that USAA has good life insurance . "}
{"input": "Will I Get Medicare At Age 65? ", "output": "In order to qualify for Medicare Part A and B at65 you will need to have worked at least 40 quarters in the united states . If you do not have the full 40 quarters of active employment then you may be able to buy into Part A and Part B for an additional monthly premium . The additional monthly premium you may be required to pay will vary depending on how many years of active employment you have had in the United States . If you have worked the full 40 quarters or 10 years then you should have no problem qualifying for Medicare Part A and B at 65 . If you are concerned I recommend that you call medicare directly to find out where you stand . The number is 1-800-MEDICARE If you would like to shop and compare medicare supplement Plans please visit www.TheMedigapMarket.com "}
{"input": "What Is The Average Price For Home Insurance? ", "output": "A homeowners policy is usually written to cover the cost of reconstructing the house . The price for the policy will be as varied as the prices for houses . The location of the house is also important . Similar homes built on the cliffs above the ocean pay a different price from those located where the danger is less obvious . Companies offer discounts which also affect the price . There just isnt a standard price . "}
{"input": "What Happens If I Drive A Car Without Insurance? ", "output": "In Montana you are required to have at least 25,000 / 50,000 / 10,000 liability limits unless you can self insure . The average fine for the 1st offence is $ 285 then it increases from there . You can loose your license and also face jail time after so many violation . Insurance is there to protect you and others in the event of an accident to cover medical bills and the loss of damage to others Property . Medical payments on an auto policy is for you also in case you are hurt or die in your accident it helps cover the funeral expense . Insurance rates can be as little as $ 30 a month which is less then a no insurance ticket and it protects you and your assets . "}
{"input": "What Happens If I Drive A Car Without Insurance? ", "output": "In States that require Liability Insurance you can lose your license . In addition most companies will charge a higher rate for being without insurance . This law is a protection for both you and the other individual that may be involved in an accident that was your fault . The other individual can receive the medical treatment he needs and have his auto restored , you are protected from going through a lengthy lawsuit and having your wage garnished . "}
{"input": "How Long Does Health Insurance Application Take? ", "output": "Completing a health insurance application could take as little as 10 minutes or much longer , depending on the type of coverage you are applying for , the size of your family , if you must use the government website , and if you know exactly which plan to purchase . To save time and money , a broker -LRB- they 're free -RRB- will simplify the process and ensure you are getting the best plan for the least amount of cost . LIVE answer provided by : Ed Harris - Premier health insurance broker since 1980 and owner of several top-rated websites that provide the lowest available rates . "}
{"input": "How Do Insurance Companies Estimate Car Damage? ", "output": "I can not speak for all insurance companies , but in my experience insurance companies will do either one of two things . 1 -RRB- Accept the estimate prepared by the mechanic . 2 -RRB- Send an insurance adjuster to look at the damaged vehicle to prepare an estimate . The estimate is based on cost of labor and parts . "}
{"input": "Can You Go To Jail For Not Having Car Insurance? ", "output": "It depends upon the state . I can only speak to Michigan laws , and the answer is maybe . In Michigan , if you are driving without proof of no-fault insurance , then you can receive a ticket in the amount of $ 200 to $ 500 and up to 3 points on your license . The reason I say this might lead to jail time is if you have prior points on your license due to not having no fault insurance . Getting pulled over and cited again for the same violation could land you in court and earn you some jail time depending upon the judge 's ruling . I know that is wishy-washy but there is no direct jail time associated with no insurance in Michigan . In summary , talk to a lawyer about it . "}
{"input": "Will My Health Insurance Cover Me In A Motorcycle Accident? ", "output": "Yes . Your health insurance plan will cover regardless of how an injury or illness is caused . Please feel free to contact me for help if you need assistance with your health insurance plan or if you have any other questions . I hope the information is helpful - thanks very much . "}
{"input": "How Much Is Medicare Donut Hole? ", "output": "Medicare does not have a donut hole . Perhaps you are thinking of Medicare Part D , the private prescription drug plan . In 2013 the Part D donut hole is $ 2970 . Under Obamacare the donut hole will gradually close a little each year until 2020 when the hole will close completely . Of course there is a cost associated with transferring donut hole risk to the carrier . Medicare Part D premiums will rise , copay 's will rise and drug tiers will shift resulting in higher out of pocket costs for those who use a lot of medications , especially if those drugs are higher priced . "}
{"input": "How Much Is Health Insurance For A 21 Year Old? ", "output": "House insurance rates for a 21-year old are typically low . AS a health insurance broker with 33 years of experience , I 'll provide a short accurate and direct answer . Prices depend on many factors , including your zip code , smoking status and type of plan . Your income will also impact the amount of subsidy . Utilizing an experienced broker will allow you to quickly view the lowest rates and easily enroll for coverage . "}
{"input": "How Much Is Health Insurance For A 21 Year Old? ", "output": "The average cost in the country for a health insurance plan -LRB- overall -RRB- is estimated to be about $ 328 per month - however , this is only reflective upon a silver level plan -LRB- not all 2014 state figure averages are available yet -RRB- . While you can try to come up with an `` average '' cost , there 's too many factors that go into premium pricing to say how in relation that compares to an individual as compared to the overall group . In short , an `` average '' premium is a rather useless figure to the individual . It 's only representative to a large group - you could have people paying a small nominal amount -LRB- after factoring in subsidies -RRB- per month to several thousand dollars per month . Even for that there 's a ton of information to sift through to get an accurate representation . Whether you are covered under an individual health plan or group coverage will influence what you 're paying . Under the Affordable Care Act , you have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age and zip codes are big factors as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . I always recommend consulting with an experienced broker regarding your personal health coverage . We can work with you to look at a wide range of options from many of the top carriers in the industry and find the plan that 's going to be best suitable for your needs . Please let me know if I can be of further assistance . Thanks very much . "}
{"input": "When Was Disability Insurance Created? ", "output": "In the late 19th century `` accident insurance '' became available , but it did not operate like our current `` accidental death insurance '' . Instead , it operated more like our disability insurance does today . Mutual of Omaha was founded in 1909 and their first policy sold was Disability Insurance . So it is safe to say that Disability Insurance was created over 100 years ago , although I do not know the exact date . "}
{"input": "Term Or Whole Life Insurance Which Is Best? ", "output": "That is a great question ! Both of these types of policies have things that make them good choices . But they also have features that may not make them the best choice . That will depend upon your need . A term policy will be better for covering a short term need , or if money is very tight . A whole life policy is better if you want long term coverage , and want the option of having cash available should you need it . If you would like to find out which one might be a better fit , please contact me , and I 'll help you figure it out . Thanks for asking ! "}
{"input": "Term Or Whole Life Insurance Which Is Best? ", "output": "Neither is ` best ' in terms of comparing one against the other . What you need to look at is what you are going to count on this insurance plan for and why you need it . Term insurance is better for covering large amounts for shorter periods of time , such as putting a policy in place to ensure your children -LRB- or grandchildren -RRB- will have money for college should something happen to you prior to them completing college . Or you could set up a policy that would pay off your mortgage and/or other debts so you do n't leave those behind in the event something happens prior to them being paid off . Whole Life insurance is better for establishing long term wealth accumulation . Here 's an example of the way I set up one of my customers . Since it is possible to have multiple policies , we set up a 10 year term policy listingtheir children as beneficiaries to guarantee they have money for college . We also calculated how much income they would potentially earn during that 10 year period and included that amount so their spouse was n't left without income . Then we set upa 20 year term policy equal to the amount of theirhome mortgage so that would be paid off and calculated who much income they would earn during this next 10 year period.Finally , we establisheda whole life policy witha small face valueto help establishan estate for theirheirs . Since the whole life policy pays out the face value or the cash value , whichever is higher , the ` death benefit ' of the whole life policy increased as time went on . We also established that when the 10 year policy expired , if their income level permitted , they would continue making those monthly payments , but they would add that to the Whole Life policy . Doing this dramatically increased the cash accumulation of that policy after the 10 year mark . So my recommendation for you is to meet with a qualified insurance agent or financial planner to establish the right scenario for you and your family . "}
{"input": "Term Or Whole Life Insurance Which Is Best? ", "output": "This question is perhaps the most asked of agents , but can not be answered with a `` yes '' or `` no '' because they are 2 different types of policies designed to work with different objectives . Specifically , term insurance is designed to stay in effect for a specific period of time at level premiums . Depending upon age and health , term coverage can be a very low cost way of protecting against a premature death . Permanent insurance can also be designed with level premiums , but is usually more expensive because the death benefit will always be paid no matter when the insured dies . There are many reasons to purchase coverage , but rather that trying to decide what is best for you , talk to an independent agent that can help you meet your objective . That 's the most important thing you can do . "}
{"input": "Can I Get Auto Insurance With No Car? ", "output": "Yes , there is a policy that is called a non-owned auto policy . This type of policy will only provide liability coverage not physical damage coverage . This means that the policy will typically provide coverage when you are involved in an accident and you are deemed responsible for the damage caused . It will typically not however cover any physical damage to the vehicle that you are driving . "}
{"input": "Can I Get Auto Insurance With No Car? ", "output": "There are many people who need auto insurance but do not own a car . Many people drive a company car most of the time but need to rent a car for a short period of time . Others do not live in the USA and need to drive a rental car when they return . The first place they can buy insurance is from the rental company . They will provide a full range of coverages . As an alternative the driver can carry a non-owned auto policy . "}
{"input": "Can You Make Money Selling Annuities? ", "output": "Yes , you can make money selling annuities , just as you can make money selling any insurance product . The sale of annuities pays a commission that is a percent of the premium that is paid for the purchase of the annuity . Whether you come out ahead depends on your costs of doing business . "}
{"input": "Does Medicare Have To Be Primary? ", "output": "Medicare sets the rules on who pays first -LRB- who is primary -RRB- so you really do n't get a choice . If you are covered under an employer group health insurance plan , and the company has fewer than 20 employees , then Medicare is primary , your group health plan is secondary . But if there are 20 + employees the group plan is primary . "}
{"input": "Where To Report Group Term Life Insurance On 1040? ", "output": "If you are filing a 1040 tax form as an employee you do not have to add it to your taxes . On group life insurance that the employer is paying on your behalf is tax free on premiums of the first 50,000 face amount . Any excess premiums paid by your employer is included in your income on your W2 . If your employer uses a 125 plan or cafeteria plan as they are commonly known , you are probably avoiding taxation through it as well . Again you need not do anything on your form 1040 . If youare the owner or employer of the company yourgroup life insurance premiums are not tax deductible just youremployees.It willnotbeaddedto your 1040 nor can it be deducted on your schedule C either . "}
{"input": "Where To Report Group Term Life Insurance On 1040? ", "output": "That is a great question ! Fortunately , if your coverage is less than $ 50,000 , you do not have to do anything . If your coverage is more than that , whatever premium expense will have been included as wages earned on your W-2 , and again you do not have to do anything . You can look on the back of your W-2 copies , on one of them it will explain , or you can go to WEBSITELINK for more details . Thanks for asking ! "}
{"input": "How Long Does Auto Insurance Have To Pay A Claim? ", "output": "While all insurance companies strive to pay in a timely manner there are several factors that can drag out payment . First would bedeterminingliability or who is at fault . If both insurance companies are defending their own insured this maydelaypaying out to the other party although your own insurance company should pay outminusyour deductible for physical damage regardless of fault if you carry physicaldamagecoverage for your ownvehicle If the issue is bodily injury payouts can me much slower if the injured party does not wish to settle . This can drag out payments for medical bills and futuremedicalrelated issues for some time . I have seen these go for yearsunfortunately . "}
{"input": "What Will Homeowners Insurance Cover? ", "output": "Homeowners Insurance primarily covers damage due to fire and other covered perils to the primary residence of the titled owner of the dwelling insured . Homeowners Insurance is defined as an insurance contract to protect owner occupied dwellings . For homes that are tenant occupied , a Landlords or Dwelling Fire policy would be needed . Homeowners Insurance will cover the dwelling -LRB- house -RRB- , other structures -LRB- garage , gazebo , guesthouse -RRB- , personal property -LRB- furniture , appliances -RRB- , loss of use -LRB- additional living expenses -RRB- , guest medical payments , and personal liability -LRB- for family residents -RRB- . There is a link providing an online format to obtain a quote and buy home insurance online in multiple States ; it may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK "}
{"input": "Who Can Perform A Medicare Annual Wellness Visit? ", "output": "A Medicare annual wellness visit can be performed by a physician -LRB- doctor of medicine or osteopathy -RRB- , physician assistant , nurse practitioner , clinical nurse specialist , or other medical professional such as a registered dietitian . When performed by one of those professionals , the annual wellness visit will be paid by Medicare Part B. "}
{"input": "How Much Home Insurance Do We Need? ", "output": "It varies by state . In California you are only required to carry the amount of coverage needed to rebuild your dwelling -LRB- home -RRB- not what a lender requires . In California home values are often much higher then the actual construction costs of a home so meeting a lender requirement can mean over insurance you home in many cases . Of course this depends on the market you are living in . "}
{"input": "How Much Home Insurance Do We Need? ", "output": "-- > Normal 0 You may first want to ask yourself the question , why am I buying homeowners insurance in the first place ? The most common answer is , should my home be damaged or destroyed , Id like to have enough money to fix or replace it . So that is a good place to start . How much will it cost to rebuild your home should it be damaged or destroyed ? Its not an easy number to come up with but there are free tools available on the Internet to assist you with this effort -LRB- Google-Residential Replacement Cost Calculators -RRB- . Insurance companies normally do their own replacement cost estimates and will suggest or require certain minimum limits for specific types of coverage . Your lender , if you have one , may also have coverage requirements so your ultimate decision will be a combination of these factors . Just remember , you are the one buying the coverage and paying the premium . Make sure your needs and expectations are considered . The actual cost to rebuild your home will vary depending on local conditions following your loss . Hurricanes , tornadoes , wild fires and the like cause devastation to entire areas . Contractors , labor and materials may not be available at normal costs . Many insurance companies offer policies , which base the amount of insurance on normal building costs , but automatically increase the limit to whatever you need to rebuild your home should costs change dramatically following your claim . This feature is commonly referred to as Guaranteed Dwelling Replacement Cost , make sure to consider this feature if it is available . Separate additional amounts of insurance will be included for your personal property , other non-business structures on your property and additional living expense . These limits are functions of the amount you carry on your home , normally they are more than adequate but make sure you are comfortable with them as they can be increased if necessary . The other major part of the policy will be your personal liability limit . That limit should be consistent with the liability limits you carry on your auto -LRB- s -RRB- and not less than $ 300,000 . If your net worth exceeds $ 300,000 , you may wish to consider Personal Umbrella coverage . Personal umbrellas are considered a less expensive way to purchase high liability limits . In addition , they usually provide broader coverage and do not have as many exclusions or limitations as basic liability policies . "}
{"input": "How Much Home Insurance Do We Need? ", "output": "The amount of protection is normally a requirement of the lender and the insurance company . The lender will ask for enough coverage to have the house restored in the event of a loss . The insurance company will want the house insured for the cost of replacing the house . This generally establishes the Coverage A limit -LRB- Residence . -RRB- Coverage B -LRB- related structures -RRB- and coverage C -LRB- Personal property -RRB- are normally a percentage of Coverage A . This can be modified . Liability limits are usually your choice . This could be the most important part of the policy as a lawsuit can bankrupt you . Establish a relationship with a good agent , and they will guide you through the process . "}
{"input": "How Does An IRA Retirement Plan Work? ", "output": "An individual IRA retirement plan is a qualified defined contribution under ERISA , the Employee Retirement Income Security Act of 1974 . The plan allows tax deductible contributions up to $ 5,500 for 2013 and an addition $ 1,000 under the catch up provision for those over age 50 . An IRA accumulates tax deferred and upon distributions is taxable as ordinary income . Keep in mind that distributions before age 59 will also be subject to a 10 % penalty . "}
{"input": "Why Roll Over 401K To Roth IRA? ", "output": "That is a great question . Rolling over a traditional tax qualified 401K account to a Roth IRA would generate taxes and penalties so the benefit would certainly not be the tax savings , now would it ? A 401K converion transfer is called a Roth Conversion . There is a conversion option that might work and we call it a `` backdoor Roth IRA '' and it might provide some advantages but will require several steps and tax computations and may not be appropriate for you based on the information provided . Your best answer would be to consult with a local agency to learn more about how this conversion tactics might benefit you in a Roth IRA . "}
{"input": "Why Roll Over 401K To Roth IRA? ", "output": "Why roll over a 401k into a Roth IRA ? Well I ca n't honestly think of a good answer to do this . In order to do this transfer , if you qualify for a Roth in the first place , would require you to cash out your 401k and combined with your current income , might place you in a higher tax bracket , as well as the extra 10 % penalty for early redemption , and possible redemption fees from the 401k as well . So you might be looking at a `` loss '' of anywhere from 35-45 % of the value of your 401k just from taxes and early redemption penalties . What you would have to figure is how many years would it take you to get back to even ? That would include this loss and the loss of gain years spent getting back to even . How about if you qualify , owning both ? Use new money for your Roth . Yes , it will be taxed , but it wo n't be taxed , penalized and require years to recover the market loss . Have both . "}
{"input": "Why Roll Over 401K To Roth IRA? ", "output": "The question about a Roth IRA conversion has to do with taxes . If you are currently in a low marginal tax bracket and anticipate being in a higher bracket soon , then a conversion is something to discuss with a Retirement Income Certified Professional -LRB- RICP -RRB- The benefit would be that you can withdraw money from a Roth IRA free of income tax after the plan has been held for five years and you are over 59.5 years old , disabled , or making a first time home purchase . "}
{"input": "How Does One Qualify For Disability Insurance? ", "output": "The first thing you need in order to qualify for Disability Insurance is an income . Unfortunately , DI does not cover people who are not bringing in an actual paycheck , even if they are working at home or for a contributing their labor to a charity . Secondly , you need to qualify medically . Disability policies sometimes exclude pre-existing conditions so that you can get the policy even if you have a health condition . Other policies will cover those health conditions , and some will decline if certain health conditions are present . Finally , you need to be at an occupation that is able to be covered . You may be unable to get Disability Insurance if you work in a very dangerous occupation . A Disability Insurance broker that carries several different companies can help match you with the best policy for which you do qualify . "}
{"input": "How Does One Qualify For Disability Insurance? ", "output": "To qualify for Disability Insurance , one must fill out an application and take a free insurance exam . The applicant 's health must be fairly good , and the occupation can not be extremely risky -LRB- although there are stipulations on policies to deal with most occupations -RRB- . The person applying for Disability Insurance must have an income . These factors all together qualify the applicant for Disability Insurance . "}
{"input": "How Does One Qualify For Disability Insurance? ", "output": "Disability insurance underwriting differs from life and health insurance underwriting . There are a few additional factors the insurance company will consider . Besides needing to have good health the underwriters will want to know about your occupation . They will ask for proof of income , time on the job , time in the profession and the risk factors of the job . They use a 5 tiered rating system based on risk . A computer programmer is less of a risk than a bomb squad member . All of the health and occupation factors are carefully considered in determining the premium . I recommend using a trusted disability insurance broker and apply to a few companies to get the best rateavailable for your risk factors . "}
{"input": "How Does One Qualify For Disability Insurance? ", "output": "There are many qualifying factors to purchase an individual disability policy . The underwriting company will need the following information . Your age , build , health status , life style , state of residence , occupation , length of employment , income and net worth . You will need to take a paramed exam with most carriers for monthly benefits that exceed $ 2,500 per month . However , there are small little indemnity type short term plans that have very low benefits and easier to qualify for . Be sure your plan protects your financial goals . "}
{"input": "Does Car Insurance Cover Earthquake Damage? ", "output": "I do not believe that earthquake damage is covered under an auto insurance policy . Earth movement is typically excluded from homeowners policies . Please read your policy completely to understand the coverage provided and any exclusions that there may be within the policy or contact your local agent to have them go over the policy with you . "}
{"input": "Can I Drive My New Car Home Without Insurance? ", "output": "Consult with state law to make sure that is permissible . Your lender will take a dim view of your driving an uninsured vehicle . Normally they require insurance to protect their interests in their collateral . If you can pay the injured and repair the damage to all the vehicles in a collision then you probably dont need auto insurance . Oh did I mention that everyone involved can sue you into bankruptcy . "}
{"input": "Can I Drive My New Car Home Without Insurance? ", "output": "That is a great question ! It is never a good idea to drive anything anywhere without it being covered by insurance . The liability of having to pay for everything out of pocket if God forbid something bad were to happen alone should be enough to persuade you not to . The best thing to do is to contact your agent with the car 's VIN , and the dealer info , and have them issue you a temporary policy so that you can get it off the lot , and then get a real policy established -LRB- if they ca n't just do that for you on the spot -RRB- I hope that helps , thanks for asking ! "}
{"input": "Why Change Ownership Of A Life Insurance Policy? ", "output": "Ownership of a life insurance policy is generally changed for estate tax purposes so the proceeds are not included in the calculation of the estate . This is commonly seen in placing the policy in an ILIT -LRB- irrevocable life insurance trust - the trust becomes the owner and beneficiary of the policy , controlling how the proceeds are distributed -RRB- . Ownership may also change because the owner passed away -LRB- if the owner is not the insured on the policy -RRB- . "}
{"input": "Why Change Ownership Of A Life Insurance Policy? ", "output": "Some people change ownership of a life insurance policy because they do not want it included in their estate for tax purposes . Another reason to change ownership if because the owner has developed dementia , Alzheimer 's , or a mental or physical illness that makes it difficult or impossible to handle that role in a responsible fashion . If someone takes over payment of a policy , that is another reason that someone might change ownership of a life insurance policy to themselves . "}
{"input": "Why Change Ownership Of A Life Insurance Policy? ", "output": "Another reason that some change the ownership of their policy is to move ownership to a living trust . Care should be taken to make sure that the change of ownership doesnt trigger an unexpected taxable event . Get professional advice before any change . "}
{"input": "Why Change Ownership Of A Life Insurance Policy? ", "output": "Great question ! There are several reasons why you might want the ownership transferred . As those fine folks mentioned , tax considerations are a good reason ; The inability to manage the affairs due to declining mental health or the death of the owner is another . Another very common reason is the transferring of ownership from the parent , to the insured child once they are in a position to assume that ownership . In my case , I purchased policies for my kids when they were little -LRB- if you have kids , do it as soon as possible also , and save yourself and them a ton of money over their life -RRB- and will transfer the ownership to them when they are capable of assuming the payments . If you have further questions , I 'm happy to help , just contact me . Thanks for asking ! "}
{"input": "Should I Get Insurance When I Rent A Car? ", "output": "I would recommend it as while your auto insurance may cover some of the damage to the rental car , it typically will not cover all of it . And then there is the loss of use issue for the rental company and the income lost by the rental company while the vehicle is being repaired . The insurance that the rental company offers will normally provide coverage for the things that your auto coverage would not . Every policy is different so please read your policy completely to know what is covered and what is excluded or contact your local agent to have them go over the policy with you . "}
{"input": "Why Is Life Insurance So Expensive In Tennessee? ", "output": "Prices on life insurance are based on the type of product the health , and age of the insured . Products in Tennessee are no more expensive than they are in any state . If you are finding that life insurance seems too expensive , you should seek out quotes from another source so you can compare rates and determine if what you 've been looking at is correct . "}
{"input": "Why Is Life Insurance So Expensive In Tennessee? ", "output": "The cost of life insurance in Tennessee , as in the other 49 states in the US , is based on factors such as health , age , gender , weight , and tobacco use . Life insurance is also more expensive when the premium is locked in for a longer period of time . However , if you choose the cheaper route and purchase a 10 year term policy , you will find yourself shopping again in 10 years , and now at an older age and possibly not as healthy as you were before.So purchasing a longer policy from the start may be worth the money . "}
{"input": "At What Age Can You Get Life Insurance? ", "output": "Life insurance companies may insure individuals from 15 days old to age 90 . The key things to know for the coverage is how much , for what purpose and for how long ? Once those things are established , there are ways to pay for it and make it fit into most budgets . "}
{"input": "At What Age Can You Get Life Insurance? ", "output": "I 've personally written life insurance on a toddler and a 93 year old , so there is a policy available for everyone through age 100 -LRB- I do n't know of availability past 100 -RRB- . Two main considerations are the insurance company and the type of life insurance . Each company has different options . "}
{"input": "At What Age Can You Get Life Insurance? ", "output": "There are several life insurance companies that issue policies as young as a new born for both term and permanent coverage . Parents , or other legal care givers , will have to justify the coverage , and with most life insurance companies , require life insurance on the parent -LRB- s -RRB- . Some states may have restrictions on issue ages and/or nicotine use at age 16 . Issue ages may vary based on underwriting classification as well . Traditional insurance companies issue from age 15 to age 90 . "}
{"input": "At What Age Can You Get Life Insurance? ", "output": "You can get life insurance at any age between 15 days old and 90 years old . If you have a health condition that makes you ineligible for most life insurance -LRB- e.g. using oxygen or on dialysis -RRB- , you may need to wait until you are age 40-50 to get a guaranteed issue policy . "}
{"input": "At What Age Can You Get Life Insurance? ", "output": "At what age can you get life insurance ? Usually `` you '' can purchase life insurance from the age of 18 on . Life insurance is considered a contract and in order to have a binding contract both parties must be of legal age . An insurance company can not contract with a 10 year old or a 15 year old legally . So how did my kids get life insurance before age ten ? Because I `` own '' the policies as their parent . I had an insurable interest to insure my kids and I went into a contract with an insurance carrier . My kids are simply the insured and because at the time of purchase they were not of age to be party to a legal contract , they can only be the insured until 18 and I could sign over ownership at that point in time . "}
{"input": "What Are The Main Characteristics Of Long-Term Disability Insurance? ", "output": "What are the main characteristics of long term disability insurance ? I am guessing that you mean features to look for in long term disability insurance ? First ! the definition of disability must be short and sweet , unable to do the material duties of your current occupation . For long term , this must not ever change . No , after 2 years the definition means ... . I mention short and sweetbecause I have found the longer it take them to spell this out the more probable they will change things down the road . Lots of words in a definition of disability section usually are n't in the insureds favor . Second . A good COLA rider . If you are concerned about a long period of disability like years and possibly decades , a payout that works for year one , is woefully short for year 20 . A Cost Of Living Adjustment that keeps the payout relevant to each year you 're out is very valuable . Third . A good residual income rider . This helps if you are able to return to work , but at a reduced capacity . "}
{"input": "How Long Does It Take To Be Approved For Health Insurance? ", "output": "It has been my experience that it is very quick , can be within a day or 2 depending on the company . Of course it will also depend on answers to the health questions on the application . For an example if there are health issues , underwriting may take a little more time . "}
{"input": "How Long Does It Take To Be Approved For Health Insurance? ", "output": "If you are talking about a medically underwritten `` individual '' health insurance policy for yourself and/or family , a good rule of thumb is to allow about 30 days for the underwriting process . Each carrier is different , but many take 20 to 30 days . One of the largest carriers in my state actually tells us agents their process takes 22 days . They are n't always accurate with this time frame , but are generally close . Call your local independent agent and verify the general length of time for your area . "}
{"input": "How Much Is Health Insurance A Month? ", "output": "The average cost in the country for a health insurance plan -LRB- overall -RRB- is estimated to be about $ 328 per month - however , this is only reflective upon a silver level plan -LRB- not all 2014 state figure averages are available yet -RRB- . While you can try to come up with an `` average '' cost , there 's too many factors that go into premium pricing to say how in relation that compares to an individual as compared to the overall group . In short , an `` average '' premium is a rather useless figure to the individual . It 's only representative to a large group - you could have people paying a small nominal amount -LRB- after factoring in subsidies -RRB- per month to several thousand dollars per month . Even for that there 's a ton of information to sift through to get an accurate representation . Under the Affordable Care Act , you have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age and zip codes are big factors as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . I always recommend consulting with an experienced broker regarding your personal health coverage . We can work with you to look at a wide range of options from many of the top carriers in the industry and find the plan that 's going to be best suitable for your needs . Please let me know if I can be of further assistance . Thanks very much . "}
{"input": "What Car Insurance Rating Am I? ", "output": "Your car insurance rating could be referring to the level of risk you are in the eyes of the carrier . If you have a clean driving record , are married and drive less than 10,000 miles per year , you would tend to have a better `` rating . '' Good credit also helps ! "}
{"input": "Can You Combine Annuities? ", "output": "The answer is yes . Combining two annuities into one can be done through an IRS Section 1035 . This is a simple process , the agent will simply fill out two 1035 transfer forms and submit it with the new application . This is all assuming your annuities are Non-qualified dollars . If you have qualified monies , you can still transfer two annuities into one . Instead of using a sec . 1035 transfer , the agent would simple use a transfer form specifying as a direct transfer . "}
{"input": "Can You Combine Annuities? ", "output": "While the answer is - `` YES '' , you can combine annuities - it is important to bear in mind that some annuities have different tax treatment than others . My advice is to only combine annuity money of a similar nature with that of another . For example , an IRA -LRB- individual Retirement Account -RRB- provides a deduction on the IRS 1040 against income . Because of this feature and tax benefit , all money coming out of an IRA , both interest and basis , are taxed as income upon distribution . In other words , because of the tax deduction , distributions from an IRA are taxed as if all the money coming from the account is being taxed for the first time . An ordinary tax qualified annuity , a non-IRA annuity , incurs taxation only on the gain at the time of distribution . This exclusion formula recognizes that some of the money deposited was already taxed as ordinary income when you first earned it and this money will not be taxed again at distribution . That is why I suggest honoring the character of the money and keeping IRA 's with IRA 's , etc. . This simple rule of thumb will help relieve you of explaining years later the source or the money and help you argue successfully that some money should not be taxed . Who among us will remember 30-40 years hence how these accounts were merged ? There are a whole other set of rules for conversions and methods to avoid taxation prior to annuitization and the beginning of the payout period of your annuities . This answer covers general theory only on the idea you want to minimize taxation to the largest extent possible . "}
{"input": "Does Farmers Insurance Offer Life Insurance? ", "output": "Per their website , Farmers insurance offers life insurance through Farmers New World Life Insurance Company . To obtain a competitive quote from numerous life insurance companies to compare to their quote , contact a website that offers life insurance quotes from multiple companies . It never hurts to look around , especially if you can utilize one website that does the shopping for you . "}
{"input": "How Much Is Insurance On A Leased Car? ", "output": "The cost of insurance on a leased car will typically be the same as an owned car . Basic insurance rates are not affected by whether a vehicle is leased or owned . There may be endorsements that are available for a leased vehicle as opposed to an owned vehicle . Contact a local agent to discuss your insurance wants and needs . "}
{"input": "Does Getting Car Insurance Quotes Lower Credit Score? ", "output": "It will show on your credit report that there was insurance inquiries but it should not affect your credit score . Credit scores and insurance scoring are two separate things . Even though Insurance rates are based off of your credit history which they use that as a rating factor based on your payment history among other things . The credit scoring is not affected by the insurance company reviewing your credit . "}
{"input": "Is An Annuity Guaranteed Withdrawal Benefit Rider A Good Idea? ", "output": "Video Transcript : Hello everyone , I 'm Steve Savant , syndicated financial columnist and host of the weekly online talk show Steve Savant 's Money The Name of The Game . I 'm answering questions from insurancelibrary.com , and today 's question is : is an annuity guaranteed withdrawal benefit a good idea . Well remember , I always say , `` What 's the price tag ? '' Do you have to pay for that G.L.W.B. rider ? If you do , then I have to look at it and say , `` Is it paying for the cash account , or is it paying for the phantom account that they 're basing their income on ? '' I need to look and price that because that could be anywhere between 100 to 125 bases points , so it could be expensive but you have to say , '' Yes , but what am I getting in return ? '' . Remember , the older you are when you take constructive receipt the higher the interest , but your timeline if it 's shorter , you may just be getting you principle back . You need to look at this really hard . It could be a great play if it 's very inexpensive and if it 's priced at the cash account and not at the phantom account . Well , that 's our consumer question for today . If you have any questions submit them to www.insurancelibrary.com . "}
{"input": "What Are The Penalties For Not Having Health Insurance? ", "output": "The penalties are as follows according to the Colorado Exchange ... in 2014 greater of $ 95 per adult , $ 47.50 per child with a maximum of $ 285 for the family or 1 % of taxable household income . In 2015 , the greater of $ 325 per adult , $ 162.50 per child with a family max of $ 975 or 2 % of taxable income . In 2016 , the greater of $ 695 per adult , $ 347.50 per child with a family maximum of $ 2,085 or 2.5 % of taxable household income . "}
{"input": "Does Life Insurance Go Into The Estate? ", "output": "If someone names a PERSON as the beneficiary on their life insurance policy , the death benefit does not go into the estate . If they name the estate as the beneficiary , or if the beneficiary predeceases the Insured and there is not a contingent beneficiary , then the life insurance proceeds will most likely go to the estate . "}
{"input": "Does Life Insurance Go Into The Estate? ", "output": "Life insurance proceeds can be paid to the estate if that is the wish of the policy owner . The value of the proceeds , regardless to whom they are paid , could come back into the estate for estate tax computation . Estate planning can avoid that situation . Life insurance is most commonly paid to the estate when the insured has outlived the beneficiary and contingent beneficiaries of the policy and the owner has not changed the beneficiary . "}
{"input": "Can I Refuse Medicare Coverage? ", "output": "You can postpone signing up for Medicare if you prefer to - most people who do this are still working and on their employer group health plan . Even if you 're still working and on group coverage , once you retire/leave your group plan , you 'll have a special enrollment period to sign up for Part A and Part B -LRB- a.k.a. Original Medicare -RRB- . Part A is premium-free for most people so they 'll start this one up regardless when they turn 65 . If you 're not on a group plan , keeping an individual health plan will be very expensive . If you want to have healthcare coverage and are 65 or older , a combination of Original Medicare -LRB- Parts A & B -RRB- , a Medicare supplement plan , and a Part D plan will offer a very predictable healthcare expense structure . "}
{"input": "How Does Critical Illness Insurance Work? ", "output": "When reviewing and comparing critical illness policies , you need to understand the definitions and exclusions . In some of the policies you may think you have a claim only to find it is denied because your medical condition does not match the policy language . Be sure to buy a health insurance policy , not a life policy with a critical illness rider . "}
{"input": "How Does Critical Illness Insurance Work? ", "output": "Along with what Ted mentioned , it 's important to note that the benefit received from critical illness insurance does not necessarily have to go toward medical or hospital payments . It 's incredibly useful in paying off debts not covered by your regular health insurance , but it is up the policy holder 's discretion on how they want to spend or save the money.Many people use it for mortgage payments , childcare , etc. . "}
{"input": "How Does Critical Illness Insurance Work? ", "output": "Critical Illness insurance pays if you come come down with certain diseases . Cancer , Heart Attack , or Stroke are most common . It depends on the policy on the amount paid out if there is a claim . Some pay a lump sum , some provide the benefits on an indemnity basis , paying a certain amount for various procedures . "}
{"input": "How Does Critical Illness Insurance Work? ", "output": "Critical Illness Insurance works by paying a lump sum of money to the insured person upon diagnosis of one of the qualifying illnesses . This money can be used to pay medical bills , to cover lost wages , to pay for incidental costs associated with treatment , to have some fun as a break from the rough time , or to use on whatever purpose the insured person wants to use it on . "}
{"input": "Does Renters Insurance Cover Hotel Costs? ", "output": "Coverage D of most renters policies covers additional living costs . This coverage pays for necessary and reasonable increases in the living costs you incur to maintain the normal standard of living of your household if part of the premises is made unfit for you to use because of an insured loss . The key here is the reason that you need the hotel room , the second is the suitability of the hotel room and the third is the reasonableness of the cost . "}
{"input": "Does Renters Insurance Cover Hotel Costs? ", "output": "Great question ! I sincerely hope that you never need to find out . In many cases , the policy will cover some or all of the relocation expenses when the home is damaged and not useable . They may pay for a couple of days , they may pay until repairs have been completed or until you 've found a new place to live . They may not cover it at all . Check with your agent and be certain what your specific policy will or wo n't cover . Thanks for asking ! "}
{"input": "Does Renters Insurance Cover Hotel Costs? ", "output": "Check with your Insurance professional , but it might cover some hotel expenses , yes . Most policies include coverage for `` Extra Expense '' or `` Loss of Use '' which means that if your place is severely damaged and is un inhabitable as a result , these line item coverages in your policy is there to pick up the cost of temporary housing . "}
{"input": "What Are The Steps In The Medicare Reimbursement Cycle? ", "output": "When you visit a medical provider , and you are covered by Medicare , your provider is obligated to file your claim with Medicare . Medicare receives the claim electronically , adjudicates the claim , and if approved will pay their portion . If you have a Medigap plan , Medicare transmits the approved claim information to your gap carrier for them to pay their portion . Most claims are processed and paid within 3 weeks . "}
{"input": "How To Lower Your Car Insurance Bill? ", "output": "The single best thing you can do is shop around with other auto insurance companies . Each company is unique in that they have their own appetite for what they like and do n't like . You may fit right into some company 's `` sweet spot '' . But you will never know which companies can beat your current rates . As far as lowering premium on an active policy , you have to be careful . Normally when drivers lower their coverages or cut them out altogether , they tend to make cuts in the wrong areas . It 's important to understand the difference between a controlled risk and an uncontrolled risk . A controlled risk is one where by lowering or dropping coverage , you know the exact dollar amount of the extra risk you are taking on . This includes raising your deductibles on comprehensive and collision coverage -LRB- or dropping it altogether -RRB- , dropping additional coverage such as rental and roadside assistance/towing . Stay away from lowering uncontrolled risks ! Namely liability coverage and uninsured motorist bodily injury coverage . This is where people get burned ! Keep both of these as high as you can afford them . "}
{"input": "What Are Covered Perils On Home Insurance? ", "output": "There are many covered perils on a homeowner 's insurance policy . The most common perils are fire , theft , vandalism and wind . Coverage on your contents may differ than coverage on the dwelling . Earthquake coverage is sometimes a rider that needs to be added . Flood insurance -LRB- if you are in a flood zone -RRB- can be purchased directly through a separate government agency . "}
{"input": "When Do Annuities End? ", "output": "Annuities end when you surrender them -LRB- take the money in a lump sum -RRB- or annuitize them -LRB- take the money in an income stream -RRB- . When the person dies on whose life the annuity was based -LRB- the annuitant -RRB- , when the annuity ends depends on the features built into the annuity contract . "}
{"input": "Why Purchase Whole Life Insurance? ", "output": "The two types of needs that are best suited for whole life insurance are : 1 . People who need permanent life insurance 2 . People who wish to make use of whole life insurance 's cash accumulation capabilities . This is especially useful for those looking to diversify finances and add a conservative cash position to their holdings . "}
{"input": "Why Purchase Whole Life Insurance? ", "output": "Some reasons to buy Whole Life insurance are : 1 -RRB- it is easy to understand ; 2 -RRB- the payments are the same every month ; 3 -RRB- you can pay up the policy in a short time , if desired , so that no more premiums are needed ; 4 -RRB- it has cash value ; 5 -RRB- the cash value is predictable ; 6 -RRB- you can borrow from the cash value ; and 7 -RRB- the policy will not lapse if maintained properly . "}
{"input": "Why Purchase Whole Life Insurance? ", "output": "Participating whole life insurance , like any other product , has to be suitable for the purchaser . Participating whole life is a permanent product for ongoing financial liability exposure for the beneficiaries of the policy that features guarantees . If guarantees are important , then this type of coverage may be appropriate for conservative policy owners . Some conservative long term savers use participating whole life insurance as a supplemental retirement plan . "}
{"input": "How Are Annuities Protected? ", "output": "Tax deferred annuities have no government protection . A tax deferred annuity is only as protected as the contract states . And the contract is only as binding as the financial stability of the life insurance and/or annuity company to make good on the contract . It 's important to understand the company 's rating and financial strength before entering into the contract . "}
{"input": "Is The Iphone Covered By Renters Insurance? ", "output": "All of your personal property is covered under a renters policy . The policy covers damage that is caused by one of the perils identified in the policy . The IPhone is probably covered away from the residence as ten percent of the coverage limit is available for your personal property away from the residence . Recovery is reduced by the deductible . "}
{"input": "What Is The Function Of Disability Insurance? ", "output": "Because the average person only has 3 months worth of savings , disability insurance allows a person who can no longer work -LRB- due to sickness or injury -RRB- to maintain their lifestyle . It can be used for mortgages , car payments , debt , etc. . Many people often think , `` Well I wo n't get hurt at my job , '' but in reality , 90 % of disabilities are caused by an illness , not by an injury . "}
{"input": "What Is The Function Of Disability Insurance? ", "output": "The function of disability insurance is to replace a portion of the income that an employee -LRB- or employer -RRB- makes from their jobs and professions , when they are unable to perform the duties of their job due to illness or injury . Disability Insurance helps people maintain some financial stability in their lives while being disabled . "}
{"input": "What Is The Function Of Disability Insurance? ", "output": "Disability Insurance pays a benefit to the insured in the event that he can not work due to being disabled from an illness or injury . The payment is typically 60-65 % of one 's income . The benefit period -LRB- how long you 'll receive payments -RRB- can go all the way up to retirement , depending on the type of policy you have . "}
{"input": "What Does Medicare Cost Me? ", "output": "It varies depending on your income and the level of Medicare supplementalcoverage or Medicare Advantage plan you select . The cost can be as little $ zero if you fall in the lowincome Bracket . If a Medicare Beneficiary chooses a more comprehensive Medicare supplement plan , it will cost more . A lesser plan where a Beneficiary pays more of a a copay would cost less as far as a monthly premium goes . "}
{"input": "Is Homeowners Insurance Based On Property Value? ", "output": "The dwelling amount in a Homeowners Insurance policy is based upon the calculated cost to reconstruct your home in the event it is distroyed or severely damaged . Your Insurance Professional can complete a quality inspection and calculate the proper amout for your home based upon the use of a qualified Home Reconstruction tool usually provided by your insuring company . "}
{"input": "Is Homeowners Insurance Based On Property Value? ", "output": "Often the cost to rebuild or repair your home will be a great deal different than the market price . The recent swing in market prices should illustrate that point . The location of the home has much to do with the market price and yet has little to do with the cost of reconstruction . In California we are required to insure to cost to rebuild , regardless of the market price of the house . "}
{"input": "Can You Have Medicare Advantage And Medigap? ", "output": "No . You can only have one or the other - you can not have both Medicare Advantage and Medigap plans . This rule was created by CMS , the Center for Medicare and Medicaid Services . I hope the information is helpful - if you need assistance with your coverage , including quotes and plan comparisons , please feel free to contact me . Thanks very much . "}
{"input": "What Is The Largest Life Insurance Company In The US? ", "output": "There are many ways to categorize the largest Life Insurance Companies . Based on market share and premium revenue , I estimate the largest Life Insurance company to be American General , followed by MetLife in the number 2 slot . Hartford is third followed by Northwestern Mutual as number 4 and Prudential finishing as number 5 ... "}
{"input": "What Is The Largest Life Insurance Company In The US? ", "output": "When listing the largest lifeinsurance companies in the United States there are different ways to categorize them . You can list by annual revenue , total assets , number of employees , etc. . I believe you will find the largest in most categories is Metropolitan Life Insurance Co. better known as Metlife out of New York . In a fairly close second would be Prudential . "}
{"input": "What Is The Largest Life Insurance Company In The US? ", "output": "A good estimate can be made by a company 's premium revenue and market share of the industry . In that sense , American General would be the largest insurance company in the United States . In second would be Metropolitan Life -LRB- a.k.a. MetLife -RRB- , third - Hartford , fourth - Northwestern Mutual , and fifth - Prudential . "}
{"input": "How Long Can Children Stay On Parents Health Insurance In Maine? ", "output": "The Affordable Care Act -LRB- approved , on the exchange plans -RRB- allows kids to be covered up to age 26 no matter what -LRB- even if they are married ! -RRB- . Some plans that are ` off exchange ' may still have certain criteria that must be met , for example : the child must be a full time student . "}
{"input": "Does State Farm Drug Test For Life Insurance? ", "output": "Every life insurance policy that requires an exam has certain markers that are checked for in the blood and urine tests . Drugs are one of the big factors that carriers look at when reviewing results . You may not necessarily be declined for the use of certain drugs , but its always best to be upfront with the carrier about usage and history -LRB- in short , it looks like a big red flag to them if you 're intentionally hiding something and it 's discovered during underwriting -RRB- . "}
{"input": "Does State Farm Drug Test For Life Insurance? ", "output": "When an insurance company requests a blood profile they have the capability of determining the presence of certain drugs in your blood . This would include prescription drugs and recreational drugs . There will be normally be a questions on the application about drugs so even if there isnt blood drawn drug use will probably be revealed . "}
{"input": "Does State Farm Drug Test For Life Insurance? ", "output": "Great question ! Like Jason mentioned above , depending upon the size and type of the policy that you are applying for , the insurance company may test you up front . Almost all policies will ask you if you have an issue with drugs or alcohol , and falsifying your answer will void your policy . Honesty is always the best choice , and you should be aware that many policies -LRB- and I 'd bet State Farm 's are the same -RRB- have a clause that denies your coverage if it is determined that illegal drugs or intoxication were involved in your death . It would really be a shame to pay on a policy for years only to have your claim denied . Thanks for asking ! "}
{"input": "Does Homeowners Insurance Cover Sump Pump Failure? ", "output": "Mechanical items in the home are rarely covered by a homeowners policy . Normal wear and tear is not what a homeowners policy is designed to do . A homeowners policy is designed to pay for damage to your property that comes from specified perils . Failure of a pump doesnt sound like damage to me . "}
{"input": "Does Homeowners Insurance Cover Sump Pump Failure? ", "output": "It might , yes . Talk to your Insurance Professional about your particular policy , and ask if you have an option that covers damage as a result of the backup or failure of sewers or drains . If you have that option in your Homeowners policy , then the damage that would result of such a failure of a sump pump would be covered . There may be coverage limitations , or maximum amounts , and of course it would be subject to your deductible . "}
{"input": "Does Health Insurance Typically Work In Other Countries? ", "output": "Most countries allow their citizens to purchase individual health insurance and many employers provide health insurance as well . In some European countries health insurance premiums are financed through a VAT -LRB- value added tax -RRB- that is factored in to the price of each product you purchase . VAT 's increase the cost of goods tremendously . "}
{"input": "Why Is Medicare Efficient? ", "output": "Medicare is the primary provider of medical coverage for citizens after they reach age 65 . The vast majority of health providers work with Medicare every day . Procedures are well established . Once Medicare has reviewed a claim the remaining balance due is then transferred to a supplementary insurer if one is identified . "}
{"input": "Can You Put Insurance On A Car That Isn't Yours? ", "output": "No , because you do not have an insurable interest in the vehicle . You could purchase a `` Non-owned auto policy '' though . This would provide you with liability protection when you drive a vehicle but do not own one yourself . Contact a local agent to find out about coverage availability and pricing in your area . "}
{"input": "Can You Put Insurance On A Car That Isn't Yours? ", "output": "Coverage follows the car . Example 1 : If you were given a car -LRB- loaned -RRB- and the car has no insurance , you can buy insurance on the car and your insurance will be primary . Another option , someone helped you to buy a car . For example your credit score is n't good enough to finance , so a friend of yours signed under your loan as a primary payor . You can get insurance under your name and even list your friend on the policy as a loss payee . In this case , we always suggest you get a loan gap coverage : the difference between the car 's actual cash value and the amount still owned on it . Example 2 : The car you are loaned has insurance . You can buy a policy under your name , list the car on that policy and in case of the accident , your policy will become a secondary or excess . Once the limits of the primary car insurance are exhausted , your coverage would kick in and hopefully pay for the rest . I specifically used the word hopefully , because each accident is unique and it 's hard to interpret the coverage without the actual claim scenario . And even with a given claim scenario , sometimes there are 2 possible outcomes of a claim . "}
{"input": "How Long Does Term Life Insurance Last? ", "output": "Term life insurance lasts as long as the term selected . When the number of the years are up , many policies either automatically become annually renewable , or you can choose to make them annually renewable . This extends the years of the policy , but at a very high price that can go up every year after that . Many Term policies offer conversion privileges , which allows you to change them to permanent insurance . The conversion period may be offered for few years , all the way to the end of the term . Converting your Term life insurance is a way of making it last for a lifetime . "}
{"input": "How Long Does Term Life Insurance Last? ", "output": "Term life insurance can generally be purchased in 5 year increments up to 30 years , if youre younger than age 50 . Term life insurance ends at the termination of the guaranteed period you selected when the policy was issued . Some term life insurance policies have conversion privileges that allow you to convert the term life insurance policy into a permanent life insurance policy , thus extending the coverage provided you convert within the time frame stated in the policy provisions . "}
{"input": "How Long Does Term Life Insurance Last? ", "output": "Term life insurance is in force for the term you selected . For example , most companies offer 10 , 20 or 30 year term policies . Your rate is locked in for the term selected and in the event of death the policy will pay the full death benefit . Term insurance is great way to fund a large insurance need without paying a lot of money . "}
{"input": "Where Can I Use Medicare? ", "output": "You can use your Medicare card at any doctors office , any lab , any hospital , anywhere in the United States . There are no networks . Any medical provider that participates in Medicare can be used . You should consider providers that accept assignment . This was you avoid being billed for any excess charges . "}
{"input": "Does Renters Insurance Cover A Tree Falling On Your Car? ", "output": "There a few options for coverage for this . 1st the person who owns the building that you are renting from it should cover damage to your auto 1st . But if you have to fight with them there is another option . If you have comprehensive coverage on your car then you could claim it on your auto policy and get it covered minus your deductible How ever you auto carrier may deny the claim or they will try and get the money from your landlords home policy . Either way you should be able to get your car repaired . "}
{"input": "Is Universal Health Insurance A Good Idea? ", "output": "Medical care has a price . In the open market it is fixed by consumers who want a service and medical personnel who can deliver the service . The problem occurs when someone needs the treatment but can not or will not pay the price for the service . I say , Will not because every decision about spending is discretionary . Should society as a whole bear the responsibility for the medical care for every resident ? Should the nature of that care be regulated ? Should the source of funding be general ? Those are the most pressing questions when considering a universal health care system . Ultimately in a universal health care system there is a specified list of services and a funding mechanism that is not based upon need for medical services . You may need a procedure that isnt covered in the program . At the same time you might consider another procedure immoral or frivolous . Who is going to decide ? The idea of universal health care sounds very good until you understand that some medical services will probably not be covered . In the USSR dental hygiene consisted of inserting a fluorescent tube into the patients mouth and surgery was routinely conducted in a super-cold environment because anesthesia was not readily available . In that case , most Americans would consider the health care to be inadequate . However , it was available to all and at little or no direct cost to the consumer . Under most regimes universal health care becomes rationed health care . The best example is the army under war time conditions . It is called triage but it means that you treat those with the greatest likelihood of recovery before treating soldiers with graver injuries . While it might be the best utilization of manpower , the soldier with his leg blown off , might not like the wait and a narcotic shot is not going to make his family happy . The issue of who is going to pay for the universal health care system is the most sensitive . No one wants to see others in need . By the same token no one wants to pay the high bill for medical treatment . If the universal care is funded by general funds from taxes it will always be a political football . If it is paid by premiums paid by individuals there will always be a need to assist those unable to pay the premium . The problem really boils down to our expectations of treatment level , the availability and cost of that treatment and who is going to pay the price . Yes , it sounds like a great idea but it has many difficulties and when it is expected then the society will start to question the need for universal flat screen TVs , micro-wave ovens and wall-to-wall carpets . There really isnt an end unless you look at the Soviet Union and see how it ended . "}
{"input": "Is Universal Health Insurance A Good Idea? ", "output": "Is universal health insurance a good idea ? Well yes and no . In some countries it works very well , others not so much . Some of this could be that usually in countries that are universal health countries some access to health care services are limited , some drugs are n't available because of profit margin limits . I think the happiness depends on the culture of the population . The hard thing I see for America adopting Universal Healthcare would be the idea of limited or delayed services as we as a culture , only wait for cell phones and movie premieres . Certainly there is more to it , but that is for another day as the answer is n't easy and would take pages of text to cover . "}
{"input": "Is Universal Health Insurance A Good Idea? ", "output": "This debate has been going on for the last century . In theory , how could anyone be opposed to everyone having health insurance ? And , in theory , if everyone was in the insurance risk pool this would be the best way to spread health care costs equally . By the same token , how could anyone be opposed to everyone having good and ample food & water , and everyone needs housing , and everyone needs utilities for their housing , and everyone needs transportation and there is a long list of other needs that we all have . The real question is can a society afford universal health insurance and thus universal health care in the sense that most Americans have become accustomed to getting it ? When you start looking at the economics of health care this becomes much more problematic . Health care is different from most services we consume in that it creates its own growing demand . Who does n't want to live longer , and live healthier during that longer life ? And , as you have probably noticed , we have a continually growing list of parts we can replace , once deadly illnesses we can now manage or cure , and treatments that just improve your `` quality of life '' . All this comes with a price tag and the price just keeps going up . I was born in 1957 for a cost of $ 400 , my son was born in 1987 for a cost of $ 4000 , and today a normal childbirth is easily $ 8000 + . As best as I can tell , babies are born the same way today as they were in 1957 but the cost has far outpaced general inflation levels in the economy as a whole over that time period . The painful reality is that providing universal healthcare in a modern society -LRB- e , g , - North America , Europe -RRB- has not been accomplished without rationing of healthcare services -LRB- however it might be disguised -RRB- . For instance , we have more MRI scanners in Memphis , TN than in all of Canada -LRB- a nation often cited as an example of where universal health insurance is a success -RRB- . Tests that get ordered and conducted on the same day here can have waiting times of months up there . There really is no definitive answer to your question . But it does highlight the gap between theory and reality when trying to address providing health insurance to a population . "}
{"input": "What Does Simple Retirement Plan Mean? ", "output": "what does Simple retirement plan mean ? It means that someone is using a boilerplate retirement plan created by the IRS to provide a retirement program for a small business . I love Simples as their name says it all . A Simple is a straight forward plan design with only a few requirements to comply with to have the plan . The best part for a small business owner is it costs next to nothing to provide . There is no testing of the plan which costs money . Just a nominal per head fee of active participants . The employer does n't pay fees for testing employees and accounting for employees who are n't in the plan . For a small business a Simple is a great choice for putting a retirement plan together for employees . "}
{"input": "What Does Simple Retirement Plan Mean? ", "output": "If the question is referring to some simple retirement plan , it could mean anything . But if youre referring to a SIMPLE IRA , thats another matter . Savings Incentive Match Plan for Employees Individual Retirement Account a tax-deferred employer-provided retirement plan that permits employees to set aside money and invest it to grow for retirement , but offers simpler and less costly administration as a non ERISA plan . "}
{"input": "How Can I Get Home Insurance Online In Illinois? ", "output": "The simple answer is yes . These days , most types of insurance can be purchased online . The process involves a process of collecting information on the insured , the property , including updates , and the past history of claims and or losses . At some point in the process you may need to talk to an agent , to verify and clarify any questions that may arise . Many discountscan beclaimed bycollecting all the information . We all like discounts . Apply online with us at WEBSITELINK "}
{"input": "What Does Stop Loss Mean In Health Insurance? ", "output": "Stop loss is normally a term used in self funded employer group health plans but I have heard the phrase used to describe traditional major medical plans as well . Your stop loss is the point where -LRB- at least in theory -RRB- your liability for paying out of pocket ceases and the carrier pays 100 % of future covered claims . This only works in a practical matter in the case of a high deductible health plan -LRB- HDHP -RRB- where eligible claims are covered at 100 % once the deductible is satisfied . If you have a copay plan you can satisfy your major medical deductible and then hit your out of pocket coinsurance limit -LRB- stop loss -RRB- but still be responsible for paying claims for doctor visits , Rx and other items . "}
{"input": "How Much Is Health Insurance For A Young Married Couple? ", "output": "The cost of insurance is based on each person 's age , zip code and the plan selected . You have a choice of health plans with no deductible , $ 500 , $ 2,000 and $ 5,000 . The higher the deductible the lower the cost . You can buy a platinum , gold , silver or bronze plan through your state exchange or off the exchange . The plans have the same prices no matter where you purchase them . "}
{"input": "When Can I Start On Medicare? ", "output": "You can start on Medicare when you are age 65 . If you have paid into Social Security taxes at least 10 years , or are the dependent of a spouse who has done so , you can get Medicare Part A for free . If you were on Social Security Disability for 24 months , you can get Medicare if you are younger than age 65 . Some other ways to get Medicare at an age younger than 65 is if you have end stage renal disease or ALS . "}
{"input": "How To Choose Long Term Care Insurance? ", "output": "Work with a good independent agent that can show you what the current cost of care is in your area . For example , I would put together figures that would show you what the average cost of home healthcare , assisted living and a nursing home would run . I would then take those numbers into account when preparing a long term care insurance benefits package . Since you will not need the care for several years you need to have a plan that factors in future inflation . "}
{"input": "Can Auto Insurance Be Cancelled? ", "output": "The short answer is yes . It is important to keep in mind , however , that most States , like Connecticut where we are , require liabilityinsurance as a condition of maintaining registration . Thus , cancelling insurance on a car without cancelling the registration could result in a fine , a suspension of the registration or both . If you are financing a car , the finance company requires both Comprehensive and Collision coverage on that car , and if leasing , not only those but also liability protection and usually at a secific level of coverage . Cancelling insurance in a case such as those could result in your car being reposessed . An insurance company may also cancel a policy . These are usually `` non renewals ' of coverage as a result of the insured no longer meeting underwriting standards . Before you do anything , it is best to check with your Insurance Professional . "}
{"input": "How To Get Money Out Of Your Retirement Plan? ", "output": "The laws around retirement plans can be complex and will have tax consequences , so I suggest that you consult with your professional advisors before you take any action . Getting money out of your retirement plan could be as simple as requesting a total or partial withdrawal or it may not be permitted at all until you reach a specific age . Unfortunately , unless the details of the specific plan are know , it is impossible to say . If you would like to work with a local Retirement Planner , you could start with a Google search . For example if you search for : retirement planner Halifax or retirement planning Halifax , my name along with several others will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . "}
{"input": "Why Buy Disability Insurance? ", "output": "Disability insurance is fundamentally paycheck protection . The odds of you experiencing a disability , lasting at least 30 months , is statistically and substantially higher than dying . All your domestic expenses and future obligations are predicated on your earning ability . Its that important ! Buying term life insurance and spending the difference on disability insurance is a foundational part of defensive planning . "}
{"input": "Which Type Of Life Insurance Should I Get? ", "output": "What type of life insurance you get depends on what you want the life insurance for and for how long you want / need the coverage . An independent life insurance broker who represents several companies can help you find the right policy at the right price . Here is overview to get you started : Term is insurance is initially the most inexpensive type of coverage . The premiums rise at the end of each term and the policy has an expiry date . Conversion to permanent insurance is usually permitted before a stated age -LRB- check contract for details -RRB- , Best for short term needs . Whole life is permanent coverage and usually has a guaranteed level premium . The policy 's death benefit could be designed to rise in value , In addition there could be a significant build up of cash value . This type of policy has long term applications in financial , retirement and estate planning . Since the premium is level , it is initially higher than term coverage for the same amount . If cost is a concern a combination of whole life and term can often be an alternative . Universal life can provide permanent insurance coverage . I say can be because it is essentially a whole life policy `` unbundled '' where you control the amount of premium and the investment options . This flexibility is a double edge sword . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Which Type Of Life Insurance Should I Get? ", "output": "All great answers ... My 4 cents -LRB- I ca n't add just TWO hehehe -RRB- ... Stop buying life insurance ! What I mean is the old `` death insurance '' plan that everyone knows . You die , someone gets a check . Great ... . If you die . More often than ever before , we survive the cancer , heart attack , stroke , or other critical illness . What use to just kill us now only kills us financially . There is a new generation of life insurance that you can use without DYING . Commonly called Living Benefits Life -LRB- LBL -RRB- Insurance , these plans may allow you to tap into the `` death benefit '' upon the diagnosis of a named critical illness -LRB- like cancer or a heart attack -RRB- , or when you 're not able to perform 2 of 6 activities of daily living -LRB- ADL -RRB- . SO your `` death insurance '' can act like a long term care policy ! Talk to an agent that represents several LBL plans . UNDERWRITING is key . Buy the best plan that you can qualify for . You buy life insurance with your health ... you only pay for it with dollars . If you have questions ... Reach out ! - gravy . "}
{"input": "Which Type Of Life Insurance Should I Get? ", "output": "There are two main types of life insurance , term life insurance and permanent life insurance.Life insurance is purchased to protect beneficiaries from financial loss at the demise of the policy insured . If the financial liabilities , future obligations are temporary then term is the way to go . If they are permanent , then you need to consider permanent life insurance . "}
{"input": "Which Type Of Life Insurance Should I Get? ", "output": "The type of life insurance that you get depends on your need for the coverage . If you are protecting your family if the breadwinner died , you would want to get a policy that at least lasted long enough to get your children through college and/or paid off your mortgage . If you have small children , a 20 to 30 year Term policy would accomplish this . If you want the policy to pay for your funeral , pay estate tax , or leave an inheritance , then permanent policy is needed . If you purchase term insurance , there is a big chance that your policy will lapse and that your health or budget may not allow you to get a new one at that advanced age . "}
{"input": "Which Type Of Life Insurance Should I Get? ", "output": "We would need more information regarding your specific situation to provide an accurate suggestion of the type and amount of coverage that will be most suitable to meet and cover your needs . There is no one policy that is the best for everyone . We each have our own needs and purposes for buying life insurance . Some may buy life insurance because they just got married , some because they have a new child , some for estate planning , and some for income replacement , just to name a few reasons why people buy it . In evaluating which is best for you , there 's a number of factors to consider such as what type of coverage do you want/need , the reason you want to buy it , how much coverage and for how long -LRB- e.g. term vs. permanent -RRB- , premium affordability , health status , where you live , and others . One of the first things you need to do is identify the risk classification you qualify for . The risk classification is critical because this determines what the premiums will be for the policy you 're applying for . This is where insurance brokers are essential in your pursuit of coverage . They have the knowledge to guide you through the process and help you find the policy that 's going to be most suitable for you . 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 Aflac Have Health Insurance? ", "output": "No Aflac specializes in indemnity policies . These pay the policy holder a specified sum upon a qualifying event . I frequently will include Aflac 's policies in a group health planproposal they do serve a very valuable function just as a stand alone policy . However they areextremelyeffective in helping to manage costs while delivering high quality health plans . "}
{"input": "Does Aflac Have Health Insurance? ", "output": "Aflac sells in indemnity policies . Thesepolicy ` spay cash for qualifying event . Aflac is a great thing to have inadditionto your medical coverage but is notmeantto replace it . "}
{"input": "Does Aflac Have Health Insurance? ", "output": "If you are looking for Major Medical then no . Aflacs policies are good supplements to a major medical plan but I would not rely on them as my only policy . They pay in addition to other insurance and are designed to help with extra expenses and deductibles but will not come close to paying the whole bill if you are admitted to the hospital . "}
{"input": "Does My Car Insurance Cover Uhaul? ", "output": "Policy provisions vary by company but in most cases a U-Haul would not be covered by your auto insurance company since most U-Hauls are not of the private passenger type . The best thing to do is call your agent on this one so the agent can confirm if there is coverage and on the type of vehicle you will be renting . Otherwise I highly suggest you purchase the coverage from U-Haul upon renting the vehicle . "}
{"input": "When Are Variable Annuities A Good Idea? ", "output": "Products , in and of themselves , dont present a good value or a bad value . Product suitability for each client is important . You need to establish a personal financial profile that includes a risk tolerance assessment , your financial goals and a life expectancy review . A non-qualified variable annuity is a security and an insurance product that accumulates tax deferred with a guaranteed interest rate account and separate sub accounts with using equities and bonds . Variable annuities are generally expensive , so the value proposition has been called into question by many advisers . The inventory of variable annuities is significant and you may want to review the Morning Star reports on any variable annuity you may be considering . Variable annuities can lose money , so make sure your risk tolerance fits the product . "}
{"input": "Can People With Cancer Get Life Insurance? ", "output": "It depends on the type of cancer , stage , treatment and the period of time since all treatment has ended . Certain types of cancer , such as most forms of skin cancer , if caught early and `` cured '' , should not prevent someone from obtaining life insurance . Depending on the stage and treatment , rates may be standard or higher . Other forms of cancer may be insurable and others may not . Life insurance professionals with experience in cases involving such medical histories , can shop insurable cases from a wide variety of insurers to obtain the best possible offer . "}
{"input": "How Much Is An Eye Exam Without Health Insurance? ", "output": "I depends on where you go . It could be anywhere from $ 75 to $ 200 . You need to call around in your area . Walmart usually has good prices on basic eye exams . You will pay more for an ophthalmologist than an optometrist . Unless you think you have a problem such as cataracts , an optometrist can prescribe you with no problem . "}
{"input": "How Much Homeowners Insurance You Need? ", "output": "How much homeowners insurance you need is enough to cover a total loss to your home , other structures and your contents . Also you will want liability protection , loss of use and guest medical coverage . Best advise is consult with a local independent agent who can help you determine your specific needs and find you a policy that will fit . "}
{"input": "What Qualifies For Medicare Benefits? ", "output": "Persons who qualify for Medicare benefits will have paid Medicare taxes at least 40 quarters -LRB- 10 years -RRB- over their working lives . Most people qualify for Medicare when they turn 65 . People who have been disabled for two years can receive Medicare under age 65 , as can most persons with end stage renal disease or ALS . What qualifies for Medicare benefits are illnesses , hospitalizations , medical equipment , home health care , hospice and limited nursing home care . All of these must be within strict Medicare guidelines and by Medicare approved providers . "}
{"input": "Will Medicare Be Around In 20 Years? ", "output": "Due to the political nature of Medicare coverage , I do not anticipate Medicare will ever go away . Like all other government programs there is no doubt Medicare will continue to change and will cover fewer items and will shift more of the cost of care to the beneficiary in the form of higher deductibles and higher premiums . "}
{"input": "Will Medicare Be Around In 20 Years? ", "output": "Now THERE is the question of the century ! Whoever has the answer to that one gets a gold star . Personally , I ca n't imagine it going away , as no politician could possibly suggest that and get re-elected . A different question might be `` What will Medicare look like in 20 years '' . Again , we do n't have an answer - but I would say it will be here in 1 form or another . "}
{"input": "Will Medicare Be Around In 20 Years? ", "output": "While I am not an Oracle able to see into the future , I do not see Medicare going away . It may change from what we see today but some form of it will be available . There are never any guarantees and it is impossible to see that far ahead and give a definitive answer . "}
{"input": "How To Select Medicare Plans? ", "output": "You should consult an insurance agent who is licensed in your state to discuss options that exist for medicare options . You can also contact the Social Security Administration for some guidance on what options exist . Lastly , you could also seek out the advice of a fee based financial adviser who , for some cost , can advise you on medicare options that exist to you . "}
{"input": "How To Become A Long Term Care Insurance Agent? ", "output": "To be come a Long Term Care Insurance agent , you first need to get licensed in Health Insurance . This requires taking a test and paying the appropriate fees for licensing . Then you must be certified to sell Long Term Care by taking another test to show adequate knowledge of Partnership Long Term Care policies . You must get contracted with the carriers whose policies you wish to sell . Then develop your clientele . "}
{"input": "How Can I Locate A Beneficary To A Policy Of Federal Kemper? ", "output": "Protective Life bought Chase so you can contact Protective Life to inquire about that policy . Here is their contact information . Protective Life P O Box 12687 Birmingham , AL 35202 Phone : 1-800-866-9933 They do have an email address as well , which is ladphs@protective.com Best wishes and my sympathy on the loss of your mother . "}
{"input": "What Is Purchased Life Annuities? ", "output": "Life annuities would be annuities that pay an income benefit for the life of the annuitant . This means that as long as the annuitant is alive , the annuity will pay an income benefits . As soon as the annuitant dies the income benefits will stop . This happens regardless of the amount of money paid out -LRB- i.e. the insurance company may not have paid out all of the initial money paid into the annuity and in this case keeps the money that has not yet been paid out -RRB- . "}
{"input": "Where To Get Cheap Life Insurance? ", "output": "The interesting thing about life insurance pricing is that there is no preference - regardless of the size of the agency . The premium for the identical policy will be the same if you buy it from me , from any online website , or any other agent . If you have any underwriting issues , then the health rating you get will ultimately determine the premium you pay for the policy . This is why it is of utmost importance to discuss your unique situation with a knowledgeable advisor who can help guide you to the least expensive policy for you . "}
{"input": "Where To Get Cheap Life Insurance? ", "output": "There are many venues online , in malls , at Walmart , where you can shop for term life insurance . But to be sure youre selecting from the most competitive term life insurance market place , you need to use independent brokers that have contracts with all the leading term life insurance companies in the country . We can help with that . "}
{"input": "When To File A Claim On Homeowners Insurance? ", "output": "The best answer to that question is right after the loss occurs . Most policies require that the insured notify the company at the time of loss or within a reasonable time thereafter . The reason for this is that if there is damage to the house structure , for example , it is important to repair that damage , or make arrangements to protect the damaged areaas soon as possible in order to minimize the possiblity of further damage resulting from the lack of attention . "}
{"input": "Can I Get Renters Insurance Without A Lease? ", "output": "Yes , you can purchase Renters Insurance without a lease . Renters insurance is for the tenant and has no bearing on the landlord ; it provides Personal Property Coverage and Personal Liability Coverage . To obtain a quote and purchase renters insurance online in multiple States directly by Consumers . An exemplary online experience for all ! WEBSITELINK "}
{"input": "Does My Employer Have To Give Me Health Insurance? ", "output": "Your employer does not have to give you health insurance -LRB- depending on size etc. . . -RRB- In fact , you will see many small -LRB- and perhaps larger -RRB- businesses in 2014 opt out of providing health insurance to employees . They will take the penalty and use the savings to be more competitive in their markets . Employees can be helped by experienced brokers since we can shop for them and find the best options . "}
{"input": "What Is The Best Advantage Plan For Medicare? ", "output": "There is no `` best '' Medicare Advantage plan . Benefits and premiums vary by zip code and from year to year . The `` best '' plan is the one that fits your needs and budget . Medicare Advantage plans are similar to traditional major medical plans in that they have copay 's and deductibles . But the difference stops there . Most Advantage plans have networks . Some networks are local while others are regional . Some Advantage plans only include coverage if you are treated by a network provider while others will include out of network coverage but with a higher -LRB- and usually separate -RRB- deductible , higher copay 's and higher out of pocket . Exceptions are made to the out of network penalty for true medical emergencies . Make sure you understand all details of the policy , especially your out of pocket maximum . The out of pocket limit does not include non-network benefits or Rx . It also does not include any non-covered medical treatment . In most areas less than half the doctors accept ANY Medicare Advantage plans . Even if your doctor does accept Advantage patients they may not participate in your particular plan "}
{"input": "What Is The Best Advantage Plan For Medicare? ", "output": "No company can be the best because the best means different things to different people . To compare Medicare Advantage Plans make a chart of the following and compare several companies > Hospital co-pays , doctor co-pays , maximum out of pocket limit , monthly premium , check if your doctors are in network , check to see if your hospitals are in network , compare the surcharge if you go out of network , compare if the plans are HMO or PPO networks , etc. . Only you can decide the plan that is right for you . But an independent agent who specializes with Medicare Insurance can definitely help you sort out the facts . "}
{"input": "What Is The Best Advantage Plan For Medicare? ", "output": "As the saying goes , hindsight is 20/20 . If we knew exactly what your health issues would be for the year , we could select the best plan for you . However , none of us know what we will need so we have to analyze the plans based on what we have used in the past and looking at the worst case scenario . The best plan is one that is affordable and covers everything that is important to you . Here are some things that we review with a client to design a plan that is based on them : 1 . Do all of your current doctors and hospitals need to participate in the plan ? 2 . Are there out of network benefits ? 3 . How much can you afford for each of the following : premium , deductible , co-insurance , co-pay , penalties , total out of pocket ? 4 . Does your plan include prescriptions ? 5 . Which plans cover the prescriptions you are currently taking ? Signing up for a plan is easy . Understanding what you bought may not be . Your cost is the same whether you go through a local agent or direct to a company . Agents have to recertify every year to offer this product . I suggest you find someone local that can help you analyze and understand your options so that you are comfortable and happy with your final decision . "}
{"input": "Does Life Insurance Affect Medicare? ", "output": "No , life insurance does not affect receiving Medicare . When someone has paid into Medicare long enough to be eligible for Medicare benefits ; and is age 65 , or disabled for two years , or one of a couple other ways to start collecting Medicare ; one 's assets do not affect one 's eligibility at all . "}
{"input": "Who Sells Disability Insurance? ", "output": "While most Life brokers are able to sell DI , you may want to find an independent agent who specializes in selling DI so they can shop around and find you the best quote . If you work with an agent who represents a specific company , they can only provide you with one quote , whereas an independent agent can provide you with quotes from all companies . You can also go through an MGA like Disability Insurance Services and they will connect you with a broker in your area who is already contracted with most carriers and will be able to assist you . "}
{"input": "Who Sells Disability Insurance? ", "output": "You have to be a licensed health insurance agent to sell disability insurance . Many agents shy away from selling individual policies because the policies are difficult to sell , and the people wanting to buy the policies are the ones least likely to pass medical underwriting . There are agents who specialize in selling disability insurance to doctors and other medical professionals . You can find agents by performing a local Google search . "}
{"input": "Who Sells Disability Insurance? ", "output": "To follow up and offer additional pertinent information ... Experienced brokers sell disability insurance and there are the best resource for providing the most accurate and unbiased information available . A broker is a certified professional that spends ALL of their time helping you . They are committed in finding you the best offer from the best and top-rated companies . In your area , you can easily find an experienced agent/broker that spends their time working for you , not themselves . And that is critical . "}
{"input": "Who Sells Disability Insurance? ", "output": "The disability insurance companies brokerage list of players are : Mutual of Omaha , Standard of Oregon , Mass Mutual , Met , Principle , Ameritas , Fidelity security , Illinois Mutual , Assurity , Lloyds of London . There are many other disability insurance companies in the US , but these are more popular among advisers who perform defensive planning in their practice . "}
{"input": "Does Homeowners Insurance Cover AC Repair? ", "output": "Talk to your Insurance Professional about the specific terms and conditions of your policy . If the unit is damaged as a result of a covered peril in your policy , then , subject to your policy deductible , there would more than likely be coverage available to pay the repair . If on the other hand , the damage is a result of wear and tear on the unit , then your Homeowners policy will more than likely not provide any coverage in that case . "}
{"input": "Does Homeowners Insurance Cover AC Repair? ", "output": "It may . If you have an equipment breakdown endorsement on your homeowners policy the ac repair may be covered depending on the cause of loss potentially less your deductible . 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": "What Does Cash Surrender Value Mean On Life Insurance Policy? ", "output": "The cash surrender value is the portion of your insurance that you have built up your own money in . Whole-life insurance by design is really like a reducing term policy with a cash account that builds guaranteed cash value as you get further and further into the policy years . All whole-life policies have a maturity date where your cash has built up to the point that you are completely self insured and the actual insured portion -LRB- the part the insurance company has at risk -RRB- has gone to zero . You can use your cash value while you are living through policy loans , cash surrenders , or using it to buy reduced paid up insurance . "}
{"input": "What Does Cash Surrender Value Mean On Life Insurance Policy? ", "output": "The Cash Surrender Value is the value of the policy if you surrendered the policy . This is different than the face amount . You can find a table of Guaranteed Surrender Values inside your policy . A Whole Life Policy will have several provisions designed to give you options should your economic situation change . You may borrow off the Cash Value if you need to . You can use the Cash Value to provide a reduced paid up insurance policy . You can allow the policy to pay for extended term insurance , which keeps the policy going until the cash value is used up . This is a big advantage in my opinion over other life insurance policies . "}
{"input": "What Does Cash Surrender Value Mean On Life Insurance Policy? ", "output": "There are basically two kinds of life insurance you can own : term and permanent . Term life insurance is temporary - it covers for a limited period of time before the coverage ends and it has no living -LRB- asset -RRB- value . Permanent life insurance is designed to pay a death benefit to last a lifetime , regardless of when you die . The premium is higher than term because it has to last longer and build a cash reserve to help keep the premium level . The cash reserve means the insurance company can offer a cash value to the owner that grows over time . At any given point in time , the cash surrender value is the amount that the insurer will pay the owner if the owner cancels the policy . "}
{"input": "What Does Cash Surrender Value Mean On Life Insurance Policy? ", "output": "Cash Surrender Value on a Life Insurance Policy will vary from company to company . Surrender charges can be punitive in the first 5-7 years of a policy and can extend out to 19 years with some companies . The account value less the surrender charge debited is the surrender value . Most life insurance policies are illiquid in the early years . "}
{"input": "What Does Cash Surrender Value Mean On Life Insurance Policy? ", "output": "In permanent life insurance , the policy will gain cash value which is yours to do with as you see fit . You can leave it there to gain more cash , withdraw it for personal use , etc. . The cash surrender is usually put in to deter people from letting the policy go and can be anywhere from 5 to 20 years . It is basically a monetary penalty against the cash you 've accrued in the general account . "}
{"input": "At What Age Should I Get Life Insurance? ", "output": "Best answer : six months old . Hopefully , your parents did this for you . Hopefully , they bought you a nice whole life policy at a ridiculously low premium . A guaranteed premium . For your lifetime . Since it is a lifetime contract , you have lots of time to grow both the cash values and the survivor benefit . They can both grow to enormous numbers if you let them . If your parents did this for you , more power to you . If not , its not too late for you to do this for your children and grandchildren . Next best answer : now . You are single ? It doesnt matter . You dont have any dependents ? It doesnt matter . You dont have any obligations ? It doesnt matter . The price will never be lower than it is now . Even if you are in perfect health , if you wait just two years to make the purchase , the price will be higher simply due to age . Why pay extra ? Whats that ? You have a pre-existing condition and want to wait until it improves or stabilizes ? Not a good idea . What happens if it gets worse ? Then you are out of luck . If you want life insurance , get it . You may end up paying more now . But if your health does improve , then you can re-shop the coverage and replace the current policy with a cheaper one . And if unfortunately you dont get better , then at least you will have a policy in force . To protect your spouse , or pay off the mortgage , or cover your business debt , or for any of the many other reasons you will need life insurance later on . "}
{"input": "At What Age Should I Get Life Insurance? ", "output": "The best age to get life insurance is when you have a need that you want to protect . E.g. getting married , having children , and buying homes are all reasons people buy life insurance . The younger you are and the healthier you are , the lower the premiums , so there is a cost advantage to getting life insurance while you are young . "}
{"input": "At What Age Should I Get Life Insurance? ", "output": "Life insurance is a product that protects those who could suffer economic loss at your demise , i.e. your immediate family , business partners and charities that depend on you . If your have a family , business or charity , you need life insurance no matter what age you are . Life insurance is part of defensive financial planning . "}
{"input": "When Do You Need Home Insurance? ", "output": "At a minimum , you might need to satisfy your mortgagee . Your mortgagee is most concerned about property because that is the basis for the loan . Next you should consider your own exposure for a law suit . Finally you should consider how it would cost you to replace your home and personal property if it is destroyed . If you have a $ 200,000 home and $ 100,000 of personal property , I would suggest that you consider those amounts as the homeowners policy limits and $ 300-500 ,000 as the liability limit . Lower limits can leave gaps which will make you very unhappy at the time of claim . "}
{"input": "What Does Medicare Part D Cost With Medicare? ", "output": "Part D is prescription drug coverage offered through private health insurance under the oversight of Medicare . Each plan has a different premium , the average being around $ 35 . Do not select a Prescription plan solely on price . Each plan has a formulary . Depending on the drugs you are on a plan may or may not be right for you . One expensive drug not covered in a formulary will wipe out any savings on premium . Make sure your drugs are covered by the plan . "}
{"input": "What Happens With Life Insurance When You Die? ", "output": "If the life insurance contract is in force when you die as the policy insured , the policy beneficiaries will receive the death benefit proceeds . But they will need to submit a copy of the certificate of death and the newspaper obituary citing your passing . It takes about 30-60 days from the death of the insured to receive the policy proceeds . "}
{"input": "What Happens With Life Insurance When You Die? ", "output": "When you die is when Life Insurance pays the death benefit to the beneficiary or beneficiaries that were named on your policy . If Term Life , the death benefit remains the same . If Whole Life that is growing cash value , the policy will continue to grow until you claim the death benefit . "}
{"input": "What Are Some Factors To Consider When Buying Long Term Care Insurance? ", "output": "Some factors to consider are , first of all , finding a plan for which you can qualify . If you do not have any serious health conditions and can get nearly any plan you want , then some things you will want to consider are how long you want the plan to last , how many months you want the elimination period to be , the daily amount you want to purchase , the amount of Cost of Living increase to get , and whether you want home health care to be paid with no elimination period . Consider your savings and investments and how much you would be willing to part with if you needed long term care . You can save premium by increasing the elimination period and other adjustments , if you can afford to do so . "}
{"input": "What Does Disability Income Insurance Cover? ", "output": "Disability Income Insurance covers disability that causes the insured person to be unable to work , and provides a cash benefit to replace a portion of the income that is lost . What it covers depends on the features of the policy . If the policy has an `` own occupation '' feature , the benefit will be paid as long as the employee can not do the same type of work as he/she had before the disabling injury or illness . If the policy included residual benefits , it will pay a portion of the benefit even if the insured is able to go back to work in a partial capacity . There are many options when selecting your Disability Insurance policy . Be sure to speak to someone who knows those and can help you select the ones that will provide coverage for you when you want it . "}
{"input": "What Does Disability Income Insurance Cover? ", "output": "Having just come off a long period of disability with some health issues , I can answer this . Disability insurance covers your working income . It does not cover investment income , rents or other things you may generate income from . The nice thing is they do n't count those things against you either . To collect on any disability plan you must meet their definition of disability . Do you have provisions for partial disability ? You can have a claim that starts as partial and morphs into total and visa versa . I also want to make sure as it is misstated in another post , you are NOT paid for time spent in your elimination period . That is considered the time you were `` self insured '' and is reflected by a lower premium . You are NOT repaid for this time spent . Actual payments begin at the end of the first 30 days after the elimination period is met . So with a 90 day elimination period , you would receive your first income check on or about day 120 . "}
{"input": "What Does Disability Income Insurance Cover? ", "output": "What Does Disability Income Insurance can cover most of your compensation , your retirement contributions , your business overhead , your key employees , your bank loansjust to name a few of the items that disability insurance can cover . And depending upon how you expense operation costs , some of these items may be deductible . "}
{"input": "What Does Disability Income Insurance Cover? ", "output": "Disability income insurance policies cover a portion of your income due to a disability . Most policies will cover at a maximum 70 % of your current income up to the amount purchased on the policy once all conditions are met . For example , if you purchased a $ 2,000 per month policy with a 90 day elimination period to pay until age 65 andhad a qualifyingdisability due to an illness or injury today . We must assume your income is at or above $ 2,600 per month . In exactly 90 days you would receive $ 6,000 for the first 90 days and $ 2,000 per month until your 65th birthday . Because there are a lot of features and limitations on disability insurance policies you should find an agent you trust to help you through the process to avoid unexpected surprises at a vulnerable time . "}
{"input": "How Much Does Car Insurance Cost After A Dwi? ", "output": "This question can not be answered by anyone execpt the insurance companies underwriters and their managers . Auto insurance is rated on numerous factors : what city the car is kept in , what safety features does the car have , what offenses are on your driving record , your age and etc. . This is just a few rating factors insurance companies consider . Then , to make this more complicated , each factor has its own weight within a given insurance company . For example , I live in Michigan and have a not at fault accident on my record . A regional insurance carrier counts that against me to increase my premium cost and price me out of its market . A national carrier , on the other hand , does not count the accident against me , whichmakes my premium muchlower . In summary , it really depends upon your insurance carrier . My best advice is to contact your agent and have him ask how this will effect the renewal rate -LRB- keep in mind your insurance carrier might issue a non-renewal because of your DWI -RRB- . If it will go up considerably you might want to consider shopping around . "}
{"input": "Is Auto Insurance Federally Required? ", "output": "As of this date and based on my knowledge and experience auto insurance is not federally required . It is however mandated in nearly every state in the united states . The levels of coverage required by each state is regulated by that state . To find out more about the requirements in your state contact a local agent or your local DMV . "}
{"input": "Can I Get A Life Insurance Policy On My 45 Year Old Brother? ", "output": "Yes , you can get a life insurance policy on your brother even if he is unemployed . The question will be who is the owner going to be ? You will have to explain if you are . If your just going to pay the premium , then there should be no real concerns . The amount of life insurance may come into question however . You should be able to get up to $ 250k with minimal issues . Over this you may have to provide an explanation since he is unemployed . Some companies will be more stricke than others so you may want to talk to your agent and see if they can look around for the best strategy moving forward . "}
{"input": "Can I Get A Life Insurance Policy On My 45 Year Old Brother? ", "output": "More than likely , yes , so long as you have an insurable interest . It is always best to check with your Insurance Professional who will be able to discuss with you in more detail this question and help to identify the best solution to meet your and your brother 's needs . "}
{"input": "Can I Get A Life Insurance Policy On My 45 Year Old Brother? ", "output": "You can get a life insurance policy on anyone if you have an insurable interest in them . You also need to let them know . Does he work with you ? Are you dependent upon him in any financial manner ? If not , what would you interest be ? You should discuss this with your agent . Gary Lane , Registered Representative and Agent , New York Life , 949\u00a0797\u00a02424 . Thank you . "}
{"input": "Can I Get A Life Insurance Policy On My 45 Year Old Brother? ", "output": "Insurable interest is going to be the big question . What loss monetarily will you suffer by the passing of your brother . This is what an insurer is going to look at . If it falls on you to take care of your brothers family if he passes away or if you two have a business together this would be an insurable interest . "}
{"input": "Can I Get A Life Insurance Policy On My 45 Year Old Brother? ", "output": "It all depends . Do you have any insurable interest in your brother ? If you would not suffer any type of hardship from his death , then no . With relatives as close as siblings it is possible to establish insurable interest . Who will be the owner ? If he owns the policy then you ca n't get insurance on him . But if you own it then you will be able to . How much insurance do you want to get on him ? And what are your reasons ? These are questions you have to answer when it comes to getting insurance . "}
{"input": "Does Adderall Affect Life Insurance? ", "output": "It could , but probably will not affect your Life Insurance Rates . It depends on the dosage , and what the underlying condition is that it is being prescribed for . As long as it is a low to moderate dose for something such as basic `` attention deficit '' it should not affect rates very much , if at all . "}
{"input": "Does Adderall Affect Life Insurance? ", "output": "Adult Attention Deficit Hyperactivity Disorder -LRB- ADHD -RRB- and narcolepsy are both common health conditions for which people are treated with Adderall . Both of these conditions will most likely affect life insurance rates to some degree . With a history of control for over a year , compliance with treatment , and evidence of stability -LRB- such as the ability to hold down a job -RRB- , the effects on premiums will be least . "}
{"input": "How Much Is Homeowners Insurance A Year On Average? ", "output": "That definitely depends on several factors . Each insurance company will apply to each State 's Department of Insurance to rate based on different variables . Depending on your State , age of home , prior loss , and discounts , average costs are probably somewhere between $ 750 - $ 1500 , and for larger homes , a bit more . "}
{"input": "How Much Is Homeowners Insurance A Year On Average? ", "output": "Definitely depends on the state . Here are the Top 5 southern states average home insurance premiums Texas $ 1,560 Louisiana $ 1,546 Florida $ 1,544 Oklahoma $ 1,246 Mississippi $ 1,217 I believe as of this writing Florida has taken over as the highest average premium in the United States . "}
{"input": "Am I legally allowed to drop my work heath insurance for my daughter and just use her medicaid? ", "output": "You areprobably talking about the Childrens Health Insurance Program -LRB- CHIP -RRB- rather than Medicaid . These are two separate programs andthey operate under different rules and eligibility criteria.Eligibility rules will vary from state to state but they are based upon the parent 's income level . In most states a family of four can earn up to $ 47,700 annually and still qualify for this program . To get more detailed information you should call the CHIP hotline at 1-877-543-7669 and explain your specific situation to them to get a definitive answer for your state . Where your situation gets much more complex is in regards to Section 125 of the IRS regulations and whether your child would qualify for coverage under Title 19 of the Social Security Act or Title 21 -LRB- where CHIP come into the picture -RRB- . If your employer has a Section 125 plan in place and you are currently paying for your share of the health insurance on a pre-tax basis -LRB- the probability that this is the case is pretty high as most employers have adopted such plans -RRB- then you are probably locked into your current coverage until your group 's next open enrollment period . This is because becoming eligible for CHIP is not a `` qualifying event '' under the IRS guidelines that would allow you to drop your child from your group coverage during the group 's plan year . To be eligible for Medicaid under Title 19 there generally has to be a disability of some type involved or where one parent is absent , incapacitated or unemployed . "}
{"input": "Can I End My Car Insurance Early? ", "output": "You are able to cancel your insurance whenever you want , but make sure that -LRB- if you do need insurance -RRB- that you have obtained another policy somewhere else , prior to cancelling your existing policy . Also , depending on your insurance company , there could be cancellation fees or short-rate fees for cancelling mid-term as well , so make sure you ask about that . "}
{"input": "Can I End My Car Insurance Early? ", "output": "You are capable of stopping or cancelling your auto insurnace at any point that you wish . Be aware if you currently have a loan on the vehicle , the loan provider may purchase coverage for you and then charge you for that coverage . Many lenders require that you carry a specified minimum level of coverage while the loan is outstanding . "}
{"input": "What Life Insurance Do I Really Need? ", "output": "As you can see by this website and others , there are many opinions on what a nameless , faceless life insurance consumer really needs . That is because no one knows unless they know your unique situation -LRB- health , age , reason for insurance -RRB- , budget , and desires . But after writing thousands of policies , it is surprising how quickly some agents can boil down some great choices for you , that you may have never thought about . Talk to someone you trust , either by reading reviews or getting referrals . You may find the quest for life insurance is not as complicated as you think . "}
{"input": "What Life Insurance Do I Really Need? ", "output": "Your need to determine the amount and the length of coverage . If you add all your financial liabilities , future obligations and charities that depend on you , you 'll have a good idea on the face amount of coverage . Then add your income replacement from today until retirement age . If you can retire all you debts and future obligations within 30 years , you may be able to purchase term . But if these items are ongoing then you need to consider a permanent guaranteed life insurance product like guaranteed universal life . "}
{"input": "What Do Life Insurance Blood Tests Screen For? ", "output": "Since Life Insurance Company 's are in the business of paying a benefit upon your death , the blood tests look at everything that affects your mortality . In other words , how long do they expect you to live . The blood tests check everything from your cholesterol , the good and bad ratios , to liver enzymes . They look for nicotine to other drugs in the system This check is one of the most though available . "}
{"input": "What Do Life Insurance Blood Tests Screen For? ", "output": "Life insurance companies use blood tests to screen for HIV , nicotine , and illegal drug use . They perform lab tests that might possibly point to a diagnosis of diabetes , liver disease , coronary artery disease , kidney disease , blood diseases , and others . If abnormal lab results are found , they might ask you to get checked by a physician before proceeding with your application . If the results are just slightly abnormal , or not pointing to a serious health condition , they may just go ahead and approve the policy , but at a higher rate . "}
{"input": "What Do Life Insurance Blood Tests Screen For? ", "output": "Lab test ars done to detect any illness that may consider qualifications for tbs policy . Tabacco use , hepatitis , or any other disease to consider underwriting . It is a benefit for you may not know you have these illnesses when you have the physical . Many question on the medical form of the application will ask specific medical questions in order to know more about the health of applicant so that the underwriting decision may be made for rates and classification . "}
{"input": "Can You Get Long Term Care Insurance If You Smoke? ", "output": "You can get long term care insurance if you smoke . Although it may increase premiums , you should not be denied coverage just because of nicotine use . Each carrier treats smoking differently , so finding the company that charges the least price for nicotine is important -LRB- along with comparing benefits -RRB- . Reputable studies continue to show that smoking will lead -LRB- on average -RRB- to a higher risk of specific medical conditions . An experienced full-time broker can easily review the top-rated companies with you , find the lowest prices , and help you apply for coverage ... whether you are a smoker or nonsmoker . "}
{"input": "Can You Get Long Term Care Insurance If You Smoke? ", "output": "All morbidity products take into account the medical impact of nicotine use over the life of the proposed insured . The health complications from nicotine products are been so significant that premium pricing for long term care , disability and medical insurance coverage can be exorbitant , especially at the policy age of issue , starting at age 55 . "}
{"input": "Does Disability Insurance Get Taxed? ", "output": "Non deducted disability insurance benefits are tax free , generally up to 60 % of your compensation . However , if your have a business and your have operational deductions , you could deduct the disability insurance premium and secure up to 80 % of your compensation . But benefits would then be taxed at ordinary income tax rates . "}
{"input": "What Is A Deferred Annuity Contract? ", "output": "That is a great question ! There are two basic types of annuities , immediate and deferred . An immediate annuity is one that is made with a single lump sum deposit , and the annuity begins paying out no later than a year from the contract date . A deferred annuity is a contract that may allow periodic payments , or a single payment to fund it ; and the payments do not start for a specified number of years later . It will have a number of fees and penalties attached to the early withdrawal of the funds . A deferred annuity will generally provide a much larger return on your investment because of the time between funding and annuitization , something not provided in the immediate annuity . An immediate annuity would be something to consider if you received a settlement , or large inheritance , and needed to supplement your income , and lower your tax liability . A deferred annuity would be suited for creating an income stream for later in life , understanding that once it was funded , the money would become relatively unavailable to you until then . Please be sure to have your agent walk through a good suitability study with you to ensure you get the annuity that best suits your need . Feel free to inbox me , if you have further questions . Thank you for asking ! "}
{"input": "What Are The Pros And Cons Of Variable Annuities? ", "output": "Variable annuities have separate sub accounts with access to equity , bond and combinations for market returns with tax deferral of gains until withdrawals , surrender or annuitization . Variable annuity prospects must establish a financial risk tolerance to prove product suitability . Variable annuities can be purchased as non-qualified or qualified with additional riders such as guaranteed income riders that generate are dependent on annuitization . But keep in mind that variable annuities are securities and have the risk exposure of market conditions that could lose money in the cash value account . "}
{"input": "When Are Annuities A Good Idea? ", "output": "Non-qualified annuities that are annuitized for the life of the annuitant guarantee life time income based on the annuitants life no matter how long the annuitant lives . Part of the annuitized payment is return of basis -LRB- tax free -RRB- amortized to life expectancy with some of the gain as well . When the basis is exhausted then the payment is entirely gain and taxable as ordinary income . That can be a good idea . But product suitability is very important and one of the items of suitability is a establishing a risk tolerance assessment . Non-qualified deferred annuities have three basic crediting methods : fixed interest rate crediting in an annuity , indice crediting in index annuity and crediting or sometimes debiting in separate sub accounts in variable annuities . Was you determine which crediting method fits your risk tolerance , then you should decide how long your annuity position should be and does the policy have any benefits for maintaining it in force . "}
{"input": "When Are Annuities A Good Idea? ", "output": "When are annuities a good idea ? 24/7/365 depending on your needs and wants . If the market scares you or your age makes it difficult to survive a market correction , annuities make great sense . They provide a safe platform for money to grow with minimal risk . They do have their own inherit risk however , which would be inflation risk . That is while your money is growing safely , it may not grow fast enough to keep pace with inflation . When you go to spend your retirement , immediate annuities make great sense to include for a simple reason , you ca n't outlive an annuity . An immediate annuity sets up a steady stream of payouts that can last as long as you live , or a set period of time if you pass early . They also can be set up with an inflation rider to help keep pace with inflation . As with any investment choice , it is wise to have other `` choices '' going on at the same time . One single product does not solve a person 's entire needs for retirement . "}
{"input": "When Are Annuities A Good Idea? ", "output": "Annuities are issued by life insurance companies . Annuities are good if you require a lifetime income . This is the reason annuities exist . They solve the issue of living too long and running out of money . Annuities are good if you want to accumulate money over an extended period of time . The interest earned by the annuity is deferred until withdrawn . There are many different variations on annuities with more being developed . Some are quite aggressive others are quite conservative but they all operate within the same format . "}
{"input": "Is Water Damage Covered Under Homeowners Insurance? ", "output": "Homeowners Insurance usually covers water damage except as excluded on a policy ! Water Damage due to Flood Waters from outside are not covered and also the Backup of Sewers/Drains may be limited or excluded on a home insurance policy unless endorsed otherwise . If water damage is caused as a result of a leaking roof or broken interior plumbing , the damage would usually be covered . Please note : plumbing is not covered by the home insurance policy since plumbing is expected to be maintained in good condition at all times by the homeowner . A home warranty policy may be separately purchased by the homeowner for maintenance repairs including plumbing . For further details on coverage , please consult your policy booklet and/or contact a licensed representative to assist reading the policy to answer your question in detail . "}
{"input": "Where To Purchase Annuities? ", "output": "That is a great question ! Since annuities are a form of insurance , you can purchase them from any reputable insurance company . You should look to companies that are well rated by Standard & Poors , or A.M.Best , and please be sure that your agent explains everything in detail until you understand it , before you purchase anything , okay ? Thanks for asking ! "}
{"input": "Where To Purchase Annuities? ", "output": "Annuities are a product offered by life insurance companies , so you can purchase annuities on websites and at offices that sell life insurance . Some agencies specialize in certain types of annuities , or annuities in general . Those will have the most up to date information and knowledge to help you make a solid choice . "}
{"input": "Where To Purchase Annuities? ", "output": "An annuity is a life insurance product . The best person to discuss annuities with is a licensed life insurance agent . If you dont know which agent to contact , ask for referrals from friends , colleagues and neighbors . A good agent will listen to you , provide sound financial advice and communicate clearly with you and the insurance company . The agent can match your desires with a suitable annuity . "}
{"input": "Where To Purchase Annuities? ", "output": "Tax deferred annuities can be purchase from a local independent representative who has access to a large inventory of annuity products . There are also many online brokerage companies that offer some of the most competitive annuity products in the market and generally are well versed in retirement planning and taxation . "}
{"input": "Does Homeowners Insurance Cover Lost Cell Phones? ", "output": "Homeowners insurance does not cover lost anything . There could be coverage under theft or mysterious disappearance . If this were a covered loss you would be subject to your deductible of which the most common deductible is 1000.00 . You would have to read your policy to see what your actual deductible is . Also do n't be surprised if you get a surcharge for the claim on your renewal . "}
{"input": "When Is Permanent Life Insurance A Good Investment? ", "output": "Permanent Life Insurance is a good investment provided you fund it properly . It has been my experience that most brokers/agents do not set these up correctly which in the future , when the client is expecting to use the cash value , it is not there . First rule : You need to give some time for the Life Insurance to grow and really become that asset you desire . Second rule : Look at taking loans versus withdrawals from the policy and what the loan rate is . Third rule : Consider using this as an asset however pay yourself back when you are not in need of it . You certainly do not have to pay back the loans , providing the policy does not lapse . Fourth rule : Do not let the policy lapse . Hense , the reason for proper funding . Fifth rule : Loans are tax-free . Withdrawals are tax free up to basis -LRB- the money you have paid in -RRB- . This gives you the basics of how to make a Permanent Life Insurance a good investment . To answer the `` when '' , I would say NOW if you are able to fund it properly . Talk to your agent about getting an illustration with a couple different companies , traditional vs. indexed permanent policies . Feel free to reach out to me if you would like more information as well . . "}
{"input": "Is Life Insurance Guaranteed? ", "output": "Life insurance is mathematics . The numbers can be juggled so that the company assumes responsibility for everything and issues a guaranteed policy , or you can assume some responsibility for investment results and purchase a policy in which there are fewer guarantees . The key issue is that all companies will provide coverage for a specified period of time if the specified premiums are paid . "}
{"input": "Is Life Insurance Guaranteed? ", "output": "Life insurance has many different products to choose from . When you ask the question is life insurance guaranteed all depends on your definition . What i mean is if you choose a term life insurance policy for 10 years than yes it 's guaranteed as long as you pay the premium . If you look at whole life insurance than it 's guaranteed for you whole life . It all depends on what insurance product is right for you , and how long you want it . Speak to an adviser who can educate you on the benefits of owning life insurance . Life insurance can be a great savings vehicle , asset protection , college savings plan for kids , and a tax free retirement . "}
{"input": "Is Life Insurance Guaranteed? ", "output": "If you are asking whether you are guaranteed to receive life insurance , the answer is no , not unless you apply for Guaranteed Issue life insurance . Guaranteed Issue policies can not decline you for health conditions , although they do have narrow age guidelines . For any other type of life insurance policy , approval is not guaranteed ; you must qualify by answering health questions and possibly also by taking an exam . "}
{"input": "Is Life Insurance Guaranteed? ", "output": "Life Insurance has both Guaranteed and non-Guaranteed components . Most term life insurance policies are guaranteed for the term which you purchase . Keep in mind not all term policies are guaranteed for the entire term . Example , you can get a 20 year term with a 10 year guarantee that the premiums will not increase . Be sure to read your policy before excepting it so you understand what the guarantee is . Permanent Insurance is built a bit differently . You can get a permanent life insurance policy which is guaranteed to age 120 . Keep in mind however , if the premium payment is not paid on time the guarantee could be at risk . Permanent policies , Universal Life & Whole Life both have guaranteed features as well as with Whole Life , you can get a Guaranteed Cash Value . Reach out to your broker/agent to look at all your options . "}
{"input": "How Important Is Renters Insurance? ", "output": "Renters insurance only becomes important when you need it . Keep in mind that renters insurance will cover your personal belongings -LRB- aside from fine arts , jewelry , etc. -RRB- , additionally , it will cover Personal Liability . Renters insurance is an unbelievable value if you think about it ... for $ 200 , or so , you can cover your personal belongings and , in many cases , get coverage for $ 500,000 of Personal Liability . Hope this helps . "}
{"input": "How Important Is Renters Insurance? ", "output": "Renters Insurance is important if you want to get funds which can be used to replace your material possessions which are damaged due to one of the events covered in the policy . Events might include water damage , fire & theft . If you have a lot of money just sitting in the bank , which you do not want , then perhaps you do not want Renters Insurance . You can also just take the risk that nothing will happen to your stuff although it may be a requirement to have Renters Insurance at the place you call home . "}
{"input": "How Important Is Renters Insurance? ", "output": "I have answered this question previously but it is such an important coverage that I will repeat it . Renters ' insurance policies provide a considerable amount of coverage for a relatively small premium . For starters , it is extremely valuable coverage in the event of a loss to your personal property from perils such as fire , smoke , theft and others . It also provides some coverage for liability which can be of significant value . Other desired coverages can be economically added . From a personal standpoint , I saw the value first-hand when my Sons had a severe kitchen fire in their apartment in Raleigh , NC a few years ago . No one was hurt but the apartment became uninhabitable as a result of the fire and smoke damage . Because my Sons were astute enough to have purchased a renters policy , they were reimbursed for all of their burned and smoke-damaged possessions and they received reimbursement for living expenses elsewhere while restoration was being completed . Additionally , the landlord sued them for negligence related to the cause of the fire ... which was quickly thrown-out in court ... but the insurance carrier provided them a defense for the negligence allegation . All-in-all , it cost my Sons their very affordable premium and a small loss deductible to get back to their lives . Without the renters policy , they would have been ` hurting ' for a long time . "}
{"input": "How Important Is Renters Insurance? ", "output": "That is a great question ! I guess it 's importance is relative to how easy it would be for you to replace all of your belongings , should something bad happen . If it 's not expensive for you to do , then you do n't need renters insurance -LRB- I 'm assuming that you could handle any damages awarded , if there were any suits involved in whatever happened -RRB- . If covering the cost of replacing your things could be a problem , then maybe a policy is n't such a bad idea . they are really pretty cheap , and can be a real lifesaver , when needed . I hope that helps , thanks for asking ! "}
{"input": "How Important Is Renters Insurance? ", "output": "Insurance exists because people can not absorb the losses associated with renting property . If someone is injured , they could sue you into bankruptcy . Even though you might think that your property isnt valuable , try replacing it . Most renters can not afford to handle a lawsuit or the damage caused by a fire or other named peril . That is what a renters policy is for . "}
{"input": "Is Additional Insurance Necessary When Renting A Car? ", "output": "The insurance company you currently have your auto insurance with may extend coverage to a rental car . If so you do have the option of waiving the coverage offered by the rental car agency . I recommend you contact your agent to verify if your coverage applies to a rental car since not all polices will extend to rental cars . Also depending on the state you are in there are advantages of purchasing the rental cars insurance . For example if you have a solo car accident the damage will be picked up by the rental car agency and not your own insurance carrier thereby avoiding any potential points that may apply . But again , I strongly suggest you contact your agent if you are not sure that your current insurance carrier will extend coverage to a rental car . "}
{"input": "How Does Life Insurance Check For Nicotine? ", "output": "Life insurance companies can check for nicotine in several ways : 1 . Ask about it on the application 2 . Ask about it in a phone interview 3 . Check medical records 4 . Test urine samples 5 . Test blood samples Different types of policies and companies will use different methods to determine whether there is current and past tobacco use . "}
{"input": "What Do You Need For Renters Insurance? ", "output": "You need to know what level of coverage you are looking for and some information about the building and neighborhood . To get a proper quote , you will need to know what year the building was built , the number of units in the building , if there is a sprinkler system or alarm system , at minimum . You will also need to know the distance of the closest fire department and fire hydrant . "}
{"input": "Who Owns Life Insurance Policy When Owner Dies? ", "output": "If the owner and insured are two different people and the owner predeceases the insured , the ownership of the life insurance policy would be given to the contingent policyowner , if one was named . If a contingent policyowner is not cited in the policy , then the policy would transfer to his/her 's estate and go through the probate process . So , in short , ownership would be determined by a judge . When you set up a policy with the owner and beneficiary as the same person , many people will cite the contingent beneficiary as the contingent owner in case they want to carry the policy forward . Keep in mind , if the policy goes through the probate process to determine ownership , someone must still continue to pay the premiums . Please feel free to contact me for further assistance . Thanks very much . "}
{"input": "Who Owns Life Insurance Policy When Owner Dies? ", "output": "If there is a contingent owner named , the owner of the policy will become the contingent owner i -LRB- f the original owner of the policy dies -RRB- . If the insured person and policy owner are two different people , it is important to name a contingent owner so that the wishes of the policy owner are followed . "}
{"input": "Who Owns Life Insurance Policy When Owner Dies? ", "output": "Who owns the life insurance policy when the owner dies ? That depends if there is a contingent owner named in the policy . It does not automatically transfer to the life insured . if there is no contingent owner named in the policy , the the ownership would transfer to the owner 's estate and will be dealt with there . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . . "}
{"input": "What Is A Qualified Long-Term Care Insurance Contract? ", "output": "The term `` qualified '' should really be `` tax-qualified '' . A tax-qualified long-term care insurance policy -LRB- TQ -RRB- is one that pays out benefits that are not subject -LRB- in most cases -RRB- to income taxation in the year that they are received by the policy owner . -LRB- See `` NOTE '' , below . -RRB- The benefits paid out froma `` non-qualified '' long-term care policy -LRB- NTQ -RRB- may be subject to income tax in the year that they are received . Policies purchased prior to 1998 should be reviewed by a qualified tax advisor for any questions about taxation of benefits . Legislation in 1996 allowed for federal exemption from benefit payout taxationfor policies purchased after a certain datethat metspecific requirements outlined in that legislation . NOTE : LTC insurance policies that payout their benefit as a cash amount -LRB- indemnity policies -RRB- may exceed the government-allowed limit on how much of that benefit can be considered `` tax-qualified '' . If you have one of those types of policies , consult with the carrier 's policy owner service unit to determine how your benefits might be paid out should you qualify for care . Some carriers will only payout a cash benefit up to the federally-mandated limit to avoid triggering a 1099 being sent to the IRS . But , it 's better to check than be surprised . "}
{"input": "Is Earthquake Insurance Worth It For Renters? ", "output": "This is a really good questions . I know you do n't get allot of coverage in an earthquake policy for a renter but the deductible is low comparatively and one feature which I think is the best feature is the additional living expense . It 's good to know at the very least housing will be paid for temporarily . As for if it 's worth it or not . If your not sleeping at night thinking about it then it 's worth it . "}
{"input": "Can I Remove A Dependent From My Health Insurance? ", "output": "Dependent children are eligible to be covered under their parent 's health insurance plan up to age 26 . Regarding dropping a dependent from your health insurance coverage , itwill depend upon whether you have an individual health insurance policy or whether you are covered under a group health insurance policy that includes a Section 125 plan . If you have an individual policy then it should be a simple matter of contacting your agent or the health insurance carrier and notifying them of your intention to drop the dependent child from your coverage . It is most likely that you will need to complete and sign a termination request form so that all the legalities associated with terminating a person 's coverage are complied with . If you are covering your dependent under your group health insurance coverage through your employer and they have a Section 125 plan in place your situation will be more complicated . If you do n't know what a Section 125 plan is , if you are paying any portion of your health insurance premium and it is being taken out of your paycheck on a pre-tax basis then you are almost certainly subject to a Section 125 plan . Check with your HR person , the business owner or their insurance broker to get a definitive answer to this issue . Under IRS regulations because you are enjoying the advantages of pre-tax treatment for your share of your health insurance costs this advantage comes with some strings attached regarding the employee 's ability to change their coverage outside of the group 's normal open enrollment period . Essentially you have to have what is called a `` Change of Life Status Event '' to change your coverage status outside of open enrollment time . These are specific events such as marriage , divorce , adoption , losing coverage that you had elsewhere and a few other circumstances . Just getting mad at your 23 year old son who wo n't get off the couch and plays X-Box all day -LRB- while certainly a problem -RRB- does not meet the criteria of a change of life status event and you would not be able to drop them from your coverage until your group 's next open enrollment . "}
{"input": "How Does An Indexed Insurance Product Work? ", "output": "Video Transcript : Hello everyone , I 'm Steve Savant , syndicated financial columnist and host of the weekly online talk show , Steve Savant 's Money : The Name of the Game . I 'm answering questions from insurancelibrary.com and today 's question is , `` How does an index insurance product work ? '' Well , let 's say you wanted to buy a house . And you were n't really sure if you wanted to buy it , so you rented the home and you gave them a $ 5,000 check on the side to give you the right to buy it . At the end of the year , you saw the neighborhood decline or you did n't like the neighborhood . You could exercise your right to move out . You 'd lose your $ 5,000 , but that would be it . If you like the house and it appreciated in value , then your $ 5,000 was a good investment and you went ahead and you purchased the home . So depending upon the value , this works similarly in index products . In index insurance products , you have two ways to go . You can use an indexed annuity or you could use an indexed life insurance contract . Both of these work similarly to the posture I 've given you as a basic example of buying and renting a home . Well , that 's our consumer question for today . If you have any questions , just submit them to www.insurancelibrary.com . "}
{"input": "Does Medicare Pay For Skilled Nursing? ", "output": "Medicare will pay for a limited time of skilled nursing care if it is medically qualified . I.e. . You must be hospitalized for at least 3 consecutive days for the same condition that causes you to need skilled nursing care , and the hospitalization must be within 30 days of your being admitted into the nursing home . Also , your doctor must stipulate that you need skilled nursing care . "}
{"input": "Does Medicare Pay For Skilled Nursing? ", "output": "The coverage depends on if you are covered by Original Medicare -LRB- PartA & B -RRB- abd then you would typically also have a medicare supplement plus PartD coverage , or if you are covered by a Medicare AdvantAGE PLAN . Under original medicare you have to be hospitalized for three days and then admitted to the skilled nursing facility . It is important that this coverage is not available for CUSTODIAL CARE . Assuming the doctor certifies that skilled nursing care is needed medicare pays all costs for days 1 - 20 . For days 21-100 there is a copay of $ 148 for 2013 and then changes to $ 152 for 2014 . After 100 days you will realize why having a Medicare Supplement is so important and you need to understand the coverage limit of the policy you choose . With Medicare Advantage you are not required to be hospitalized for three days before being admitted to the Skilled Nursing Facility "}
{"input": "What Do Annuities Pay? ", "output": "Non-qualified deferred annuities pay differing guaranteed rates for differing periods similar to CDs rates . Annuity fixed interest rates historically have outperformed CDs fixed interest rates . Rates are always changing , so its important to confirm the rate before purchasing any of these products . One of the leading 5 year fixed annuities is paying 2.95 % , the 10 year 3.25 % . "}
{"input": "Does Renters Insurance Cover A Fire? ", "output": "Renters Insurance will cover your personal property up to the limits of your policy . For example if you have $ 50,000 in personal property coverage in the policy and all your clothes and furniture were destroyed in the fire then you would be able to claim that as a loss . Renters Insurance only covers your personal property and does not cover the structure . It will also cover for losses for theft . Lets say you had your lap top from home in your car and someone broke in your car and stole the computer then you could file that as a claim on your renters insurance policy . Some renters insurance also covers for Loss of Use and Personal Property off premises . This may not be available from ever insurance carrier . "}
{"input": "Does Renters Insurance Cover A Fire? ", "output": "Yes , it covers your personal belongings up to the limit in the policy subject to the deductible . Renters Insurance is designed to cover things like fire , lightening , vandalism , wind , and also provide protection from lawsuit . Check with your agent to determine the details of your policy . If you are shopping make sure it covers the full replacement of your belongings without depreciation . "}
{"input": "Why Exactly Does Life Insurance Underwriting Take So Long? ", "output": "If you are applying for a policy that requires an exam , there is the chance that the underwriter will want to see your medical records . As an impaired risk life insurance specialist , I have seen several cases take nearly 6 months due to the complexity , amount , and elusiveness of those applicants ' medical records . This is what I have learned , to help speed up the process . 1 -RRB- Put all the doctors you have seen in the past 5 years on your application , and include the doctor who diagnosed your most serious health conditions . Delays often happen because records are received , but then the underwriter notices that the patient was referred to someone else during that time . Getting all your doctors noted at the start does not necessarily mean the insurance company will order records from all of them , but at least it gives underwriters the opportunity to pick and choose which ones they want , so they order them in a timely manner . 2 -RRB- Do your exam quickly . Putting of an exam for months sets back the whole application process . Sometimes medical records are not even ordered until the exam is done . 3 -RRB- Warn your doctor or clinic that they will be getting a request for your medical records , and ask them to fill the order ASAP . You might even want to collect your own medical records to speed things up , if that is allowed . 4 -RRB- Provide additional details in a timely manner . Sometimes insurance companies will see something on your MIB or MVR or application that will cause them to need more information . Answering that extra question , filling out that extra form , or doing whatever needs to be done , can eliminate unnecessary delays . 5 -RRB- Do n't jump to another company without talking it over with your agent first . Give him/her a chance to find out where the logjam is , and get it cleared up . If you can not get answers from your agent , it 's OK to switch , but close your first application out , or transfer it to someone else . Otherwise , you may end up applying for the same policy with two different agents , and that can cause further complications and delays . "}
{"input": "Why Exactly Does Life Insurance Underwriting Take So Long? ", "output": "In order to properly assess a risk the life insurance company needs to have a complete picture . Essentially the more information you provide upfront the less likely an underwriter is going to ask for more information and order additional reports . There are ways you can help yourself . If there is going to be a medical then present yourself in the best light by : Getting a good nights rest Not doing any heavy exercise for 24 hours before Avoid food and beverages -LRB- except water -RRB- for 2 hours before Drinking water to help you provide a urine specimen Avoiding caffeine for several hours Avoiding alcoholic beverages for at least 8 hours Do not smoke for at least 1 hour before the exam If you are taking prescription medication be sure to have the information for reference Avoid taking non-prescription for 24 hours prior If you have an insurance exam scheduled and you are under severe stress or ill , consider rescheduling if you are not able them be sure and advise examiner . If you have a condition that you believe might cause your insurance to be rated , be aware that companies deal with conditions similarly but differently - check with your independent insurance broker . The underwriter needs a complete picture them more information you can provide up front the quicker a decision can be made . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Why Exactly Does Life Insurance Underwriting Take So Long? ", "output": "One other factor you need to be aware of is the potential back log of applications underwriters are have to process . If your application needed additional information such as those listed in the previous comments , then your application may go to the bottom of the pile and have to work it 's way up to get looked at again . Be sure your agent is the squeaky wheel as sometimes the applications are missed and just sit there . The only error here is that we are all human . Typical turnaround time to plan on is 2-4 weeks depending on the type of insurance you are applying for . "}
{"input": "Why Exactly Does Life Insurance Underwriting Take So Long? ", "output": "While technology has definitely shortened the life underwriting process , it has not reached the level that has eliminated waiting for the required information . Typically , life underwriters gather information regarding the risk of insuring a person 's life through more than just the application . They will check MIB -LRB- Medical Information Bureau -RRB- , the lab results and often medical records . The medical records often take the longest to obtain . Many doctors utilize services to copy the records & send them to the requesting party , while others do this `` in house '' . On occasion , we have had to have the insured called their doctor 's office to get them to release the records . Sometimes , obtaining medical records could take 30 - 60 days , resulting in longer underwriting times . "}
{"input": "Why Exactly Does Life Insurance Underwriting Take So Long? ", "output": "Life insurance underwriting takes into account many factors , including lab tests -LRB- f used -RRB- , results from paramedical or physical , financial records -LRB- if applicable -RRB- and answers to medical questions . Depending on the face amount of the policy , the process may not take as long as anticipated , depending on how quickly information is received and reviewed . An insurer must make certain all information is received and accurately gathered so the correct rate can be applied to the policy . Once approved , until the term expires -LRB- assuming it is a term policy -RRB- , your rate is guaranteed not to change and you may have specific conversion privileges . "}
{"input": "When Should I Buy Long Term Care Insurance? ", "output": "The best time to buy Long Term Care Insurance is while you can still qualify for it . People are much more likely to develop a health condition after age 60 , so it is a good idea to get the Long Term policy into effect before turning 60 , if not sooner . "}
{"input": "What Is Juvenile Life Insurance? ", "output": "Juvenile insurance was a major trend at one time in the United States . There were millions of policies written on children , most with a face amount well under $ 5000 . They were purchased to pay final expenses and provide a savings program for the child . While no longer common , this would be the motivation today . In some ethnic subcultures , a funeral is extremely expensive . Parents see the purchase of a whole life policy as coverage for the unthinkable , death of a child , and a good start on something that the child will want later . "}
{"input": "What Is Juvenile Life Insurance? ", "output": "You can get life insurance on minors and it is a very smart thing to do . If you lock in a rate for a minor , when they are young and healthy , they can keep that rate for the rest of their lives ! Buy a permanent policy , build equity over the decades , and the rate will remain incredibly low their entire lifetime . They can even borrow against it for college , a home , or retirement , tax free ! Wish more parents and grandparents would see the wisdom of this . Thank you . GARY LANE . "}
{"input": "What Is Juvenile Life Insurance? ", "output": "Juvenile Life Insurance is life insurance that is taken out on the life of a child . You can purchase it for your child when they are approx age 15 days old , up to the age when they become an adult . Some companies sell Juvenile Term Life and some sell Juvenile Whole Life . The Term policy does not have cash value , but would cover funeral costs if the child should pass , and can be converted to Whole Life later on . Juvenile Whole Life has cash value that can be used for college or other expenses . "}
{"input": "What Is Juvenile Life Insurance? ", "output": "Juvenile life insurance is especially important for those that have trouble saving money . Funeral costs average $ 8,000 to $ 12,000 depending on your location . God forbid a child to pass away , but you do want enough to cover their final expenses . Term life on a minor is very inexpensive , whereas a juvenile whole life will cost a few dollars more . One thing I do with my clients buying life insurance on themselves is to add a child life rider which can give all the children a set face amount -LRB- usually $ 10,000 each -RRB- for one low rate usually under $ 5.00 per month with no limit of children covered . This is one of the most affordable options for families of 3 or more children . "}
{"input": "What Is Cross Purchase Life Insurance? ", "output": "In a business with , say , two equal shareholders , life insurance can be cross-owned to fund a written cross purchase buy-sell agreement . Shareholder A owns , and is the beneficiary of , a policy on the life of shareholder B. B buys a policy on A in the same way . If B dies , the buy-sell agreement would normally provide that A buys the shares of B . The life insurance proceeds A receives income tax free would provide the cash necessary to meet this obligation . "}
{"input": "What Is Cross Purchase Life Insurance? ", "output": "Cross purchase life insurance would be the life insurance policy used to fund a buy-sell plan . In a buy-sell plan funded by cross purchase life insurance , each business owner purchases a life insurance policy that would pay them the amount it would take to buy out the others , if their partner -LRB- s -RRB- died . "}
{"input": "Does Education Affect Car Insurance? ", "output": "Your education does not necessarily effect your car insurance . What I mean by this is you are not going to get better or worse coverage based upon what kind of degree you have . However , having an advanced degree can offer you some premium discounts . With one of the carriers I work with they will offer a discount for any degree above a high school diploma . So , if you have a Ph.D , J.D. M.D. / D.O. you will receive a greater discount . I hope this helps . "}
{"input": "Can Health Insurance Be Used Out Of State? ", "output": "Health insurance can often be use out of state , depending on your insurer 's provider network . Typically , larger companies such as Blue Cross , Aetna , Humana and UnitedHealtcare have nationwide coverage which allows you to utilize many physicians and hospitals . Of course , you can always view provider network information before purchasing a health insurance policy . "}
{"input": "How Would A Medicare Voucher Program Work? ", "output": "A Medicare voucher program as proposed by Paul Ryan would mostly work like the current system . Your current options are to enroll in traditional Medicare and buy a supplement plan or not . Or you can opt out of original Medicare and enroll in a privatized Medicare Advantage system offered by insurance carriers . "}
{"input": "Does Home Insurance Pay For Mold Removal? ", "output": "Maybe . First , you must examine your policy to see if there is a universal denial of coverage for any mold damage . If there is then you are out of luck . However , if there is no such denial of coverage , move on to step 2 . Second , determine the source of the mold . This is important because mold needs moisture to grow . If your mold problem can be traced to a pipe bursting and spraying water all over your home , then you can make the claim . If the mold is growing because your house is old and moisture got in due to lack of maintenance , then you are out of luck . Another example is water backup , if your sewage drain backs up and you have resultant damage , without a sewer/drain backup endorsement you will be denied coverage . So , in summary : 1 -RRB- is mold excluded no matter what ; and 2 -RRB- if mold is not excluded , was it caused by a covered cause of loss ? "}
{"input": "How Much Is Homeowners Title Insurance? ", "output": "Normally , insurance agents do not write title insurance . This is a specialty product that is written by licensed agents inside title companies . The price is not common knowledge however ; it is disclosed during the closing for a home . I dont believe that you have an option over the price . You do have an option over which Title Company will handle the closing . You might check with a realtor to determine if there is any difference in the price of their insurance and other services . "}
{"input": "How To Choose A Long Term Care Insurance Policy? ", "output": "When choosing a long term care insurance policy , you will want it to do what you want it to do , and fit your budget . Everything else is compromising so that you get the features that are most important to you at a price you can afford . Some features that are important to many people are that the policy will pay for home health as well as nursing hoe or assisted living care , that it has a cost of living feature to accommodate escalating costs , or that it has a short enough elimination period that not much has to be paid out of pocket . "}
{"input": "How Can I Get Auto Insurance Online In Ohio? ", "output": "one word of caution here : be careful where you get an auto insurance quote from when shopping online . Many of the websites that offer auto insurance quotes actually do n't sell auto insurance at all ! These sites are known as lead generation sites . They simply collect your info and then sell it to insurance agents . In some cases , dozens of agents . Your phone will ring off the hook ! Easiest way to tell the difference between a lead generation site and an insurance agent is that an agent will always have his/her name on the website , along with an address and phone number . "}
{"input": "How Can I Get Auto Insurance Online In Ohio? ", "output": "You can easily purchase Ohio car insurance online at affordable rates . Fortunately , prices in the Buckeye state are quite low compared to most other ares . Recently , a national study concluded that our prices were among the lowest in the US . And they are ! We put our name on our website as we are located here in Ohio . Although located just North of Kings Island , we serve the entire state . Our address and phone number are easily available . There are many reputable websites . As an experienced Ohio broker with more than 32 years of experience , I endorse Ohiocarinsurancerates.com . Articles are current and regularly updated and your free quotes will allow you to find the lowest available prices from the top-rated carriers . But as previously mentioned , there are other reputable national websites . Naturally , your rate will depend on many factors , including -LRB- but not limited to -RRB- your age , zip code and driving record . Rates , for example , in the Cincinnati area will be different than the cost in Toledo or Akron . The Columbus area -LRB- and Central Ohio -RRB- does typically feature some of the most competitive options in the state . "}
{"input": "How Much Is The Cheapest Renters Insurance? ", "output": "I can not speak for all of the carriers out there , but the lowest premium amount that I have seen for renters insurance coverage was about $ 100/yr . at a $ 15000 coverage level . Every carrier sets there own premium and coverage thresholds . To best find out what rates are available within your area contact a local agent to discuss your coverage needs and if the first agent you contact is n't a good fit contact another . "}
{"input": "What Percentage Of Small Businesses Offer Health Insurance? ", "output": "Due to how fluid and dynamic the small business world is you will never be able to get a perfectly accurate figure on how many small businesses offer health insurance to their employees . However , studies over the last few years have show a slow but steady decline in the percentage of small businesses who offer group health insurance to their employees . In 2013 we witnessed the first time that the estimated percentage of small businesses offering group health insurance fell below the 50 % level , coming in at a little over 49 % . It is projected that this level will decrease somewhat further -LRB- probably mid-40 % range -RRB- when 2014 statistics can be compiled . "}
{"input": "What Should I Be Paying For Life Insurance? ", "output": "What you should pay is determined by how long you want coverage and how long you want to spread the payments . A single pay whole life policy provides the most coverage for the longest time for the least premium . Limited pay policies provide the most coverage for a little longer time and a little more premium , and so it goes until you get to term policies . With a term policy you pay for limited coverage and if you dont die during term period the company doesnt pay anything . "}
{"input": "What Should I Be Paying For Life Insurance? ", "output": "What you should be paying for life insurance is dependent on many variables . Some of those factors are your age , health , gender , tobacco use , and the type and amount of life insurance you want . To find the most competitive life insurance prices , you can go to a website that offers quotes from many different companies . Keep in mind that you may not qualify for those rates , and be open to reviewing all your health details with an agent so you can get the lowest priced policy to fit your unique variables . "}
{"input": "How Long Does It Take To Borrow Against Life Insurance? ", "output": "I think you mean : how long does it take to get the money when you borrow against a life insurance policy ? If this is the question the answer , generally speaking , is a few days up to a week tops . For those who need the money immediately , arrangements can be made by the insurer to overnight a check to the policy holder . Some carriers can transfer the money very quickly by EFT , but this is somewhat rare . "}
{"input": "Will Homeowners Insurance Cover Roof Leak? ", "output": "Any damage to the residence caused by one of the named perils is covered . When the incident is sudden it is generally assumed to be covered . If it is a long term , slow leak there might be some concerns about proper maintenance . Recovery on the roof itself will probably be restricted to actual cash value at the time of loss . This restriction is frequently in an amendment to the policy . The damage to the interior is treated in accordance with policy provisions . "}
{"input": "Will Homeowners Insurance Cover Roof Leak? ", "output": "Perhaps it will yes , but it is a good idea to talk with your Insurance Professional about the specific terms and conditions of your policy . Generally speaking if you suffer water damage in your home as a result of a roof leak caused by wind driven rain or if a tree falls on it and breaks through during a storm , or due to winter ice damming to use three examples , then you would more than likely have coverage subject to your policy deductible . "}
{"input": "Will Homeowners Insurance Cover Roof Leak? ", "output": "That is a great question ! The best answer is to contact your insurance agent , and have them explain to you in detail what is , and is not covered , and to what extent . There are some things that they will cover , and some that they cover when clauses are added , so it 's important to know for sure . In most cases , it should be . Thanks for asking ! "}
{"input": "Does Nationwide Have Life Insurance? ", "output": "Nationwide does offer life insurance , however , they 're known primarily for their property and casualty insurance . A common question we see from persons with their auto insurance , home insurance , etc. from a propertly and casualty insurance company who are looking for life insurance is `` do I get any discounts for having my life insurance through them as well ? '' - the answer is NO . Carriers can not discount their life insurance rates under the guise of a multi-policy discount like they may with auto insurance and home insurance . Life insurance is a different marketplace from property and casualty insurance . If you 're looking for life insurance coverage , you should consult with an experienced independent life insurance broker who can shop the case for you among a large number of places to determine which carrier will be able to offer you the lowest rates for the desired coverage . Please note , the most important factor when looking for life insurance is the RISK CLASSIFICATION that you qualify for - the risk classification determines the premiums for the program . Without knowing the details of your medical history , any quotes any agent provides are pretty much just guestimates and are for the most part , meaningless . Each carrier has different underwriting so you may be looking at preferred with one carrier , and standard with another - the result being one carrier offering the coverage at a lower price than others . At the same time , you do n't want to apply to multiple companies at the same time as this works against you - it 's basically a sort of red flag to insurance companies . You want to try to get it right the first time which is where a broker comes in handy because they can shop it for you with the medical history and get you in the right direction - brokers also do n't charge fees for their services so it can only help you . 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": "Does Nationwide Have Life Insurance? ", "output": "Having represented Nationwide for nearly 30 years here in Connecticut , I can tell you that we do indeed offer Life Insurance solutions . Nationwide has a wide array of Life Insurance products that are designed to meet almost every need and purpose for families and businesses . The Company 's financials are extremely good and ranked very well in the industry so you can feel very confident that a Life Insurance solution that you purchase today will be serviced well by your Nationwide Professional and will be there to meet your loved one 's needs when it it necessary . "}
{"input": "Does Nationwide Have Life Insurance? ", "output": "Yes , even though Nationwide is primarily known as a property and casualty insurance company they do have a life insurance division along with investment companies and banks . However it is always wise to shop around for life insurance and not just purchasing the first one that you find . I recommend using an independent experienced agent to shop multiple companies to find the best product at the best price on the market . "}
{"input": "Does Cigna Health Insurance Cover Abortions? ", "output": "Cigna health insurance does not cover an abortion . Cigna offers many different types of coverage , including individual and family , small-business , self-employed , student and short-term plans . But like most carriers , elective abortions are not covered.In the event of a medical emergency , it is possible that benefits may be different . Reviewing your policy with an experienced broker will help you if that applies to you . We 'll help you find suitable coverage by shopping all of the available plans in your area . "}
{"input": "When Can I Add Medicare Part B? ", "output": "You are automatically enrolled in Medicare Part B at the same time that you are enrolled in Medicare Part A if you are receiving Social Security benefits at age 65 , you are under age 65 and have been disabled for two years , or you have ALS . If you do n't want Part B at that time , you can send in a card indicating that you do not want Part B. To sign up for it later on you should enroll during a special enrollment period to save money . Call Social Security at 1-800-772-1213 to find out if you are eligible for a special enrollment period . If not , you will need to wait until the general enrollment period Jan1 to Mar 31 , 2014 . "}
{"input": "How Much Should Life Insurance Cost? ", "output": "In order to see what a competitive life insurance policy would cost for you , you can go to any number of websites that offer instant life insurance quotes and put in your date of birth , height , weight , and whether you use tobacco . Unless the website also asks about health conditions , it will only show the rates for people with excellent health , and these may be much lower than what you need to pay . But it does give you an idea what life insurance should cost for a segment of the population . "}
{"input": "How Much Should Life Insurance Cost? ", "output": "The premiums charged for life insurance are regulated by the state insurance commissioner in most states . Although rates may vary a bit , they are all based upon the same basic information . If you are dealing with a life insurance agent representing a reputable company you can be sure that the policy will pay the death benefit and that is the reason that you buy life insurance . If the policy ends in a death claim it is almost sure to have cost much less than the death benefit . "}
{"input": "How Much Should Life Insurance Cost? ", "output": "That 's too vague of a question . It depends on many factors . It mainly depends on how much death benefit you want and how likely you are to die while the policy is covering you . If you are a healthy 25-year old and want 20-year term it 's going to be cheap . You can get millions of dollars of coverage for very little premium . Because if you do n't die before age 45 you wo n't have cost the insurance company anything . It 's pure profit for them . If you are an 80-year old with a history of heart attacks and a cancer survivor , it will cost much more than that for a $ 10,000 burial whole-life policy . But that 's because the burial policy is going to COST the insurance company money . They are certainly going to have to pay a claim on that one . "}
{"input": "How Much Should Life Insurance Cost? ", "output": "The cost of life insurance varies withmanydata points to consider . Life insurance is a mortality product for protecting financial liabilities for the surviving family members , business associates and charitable organizations that depend on your benevolent giving . The premium price tag depends on whether you purchase term or permanent life insurance . It also factors in you personal information like gender , age , smoking status , health history , and current medical condition . It also takes into consideration your behaviors like recreational activity , vocation hazards and motor vehicle violations . All these items weighed carefully in the determination of the premium price you 'll pay for life insurance . "}
{"input": "How Much Should Life Insurance Cost? ", "output": "There really is no price tag that one can say life insurance should cost . The cost of life insurance is dependent on far too many factors to be able to do that . It is a little like going out to buy a car . Without taking into consideration the year , the model , the bells and whistles , and the condition of the car , it is impossible to state the price it should cost . "}
{"input": "How Much Should Life Insurance Cost? ", "output": "That is a great question ! The answer really depends upon you , and what you want the policy to do for you . Life insurance can cost less than $ 10 a month if purchased as a child , or several hundred dollars a month for large face values , or if you have health issues . Without more specific information about you , it is impossible to give you even a ballpark figure . If you would like to contact me , I 'd be happy to go over this with you , and give you a better idea . Thanks for asking ! "}
{"input": "What Type Of Trust Is A Life Insurance Trust? ", "output": "Generally , life insurance may be a great solution , but owning it inside your estate may exacerbate estate taxes . One option is to create an irrevocable life insurance trust -LRB- ILIT -RRB- and have the ILIT own the life insurance policy from the start . The ILIT will collect the death proceeds and distribute the proceeds to the trust beneficiaries . "}
{"input": "What Type Of Trust Is A Life Insurance Trust? ", "output": "The type of trust that is referred to as a life insurance trust is called an Irrevocable Life Insurance Trust -LRB- ILIT -RRB- . The owner of the life insurance must be the trust , so it is important to get the ILIT set up correctly . Not all trusts that are used for life insurance are Irrevocable Life Insurance Trusts . But that is the one most people are referring to when they talk about a life insurance trust . "}
{"input": "Will My Health Insurance Cover My Pregnant Daughter? ", "output": "If your daughter had health insurance at least a year before she got pregnant them yes , it will be covered . Read the fine print on the policy.If she tries to get insurance after discovering she was pregnant , then it is considered a pre-existing condition and she wo n't be covered unless there is a complication during labor . "}
{"input": "How Much Should Long Term Disability Insurance Cost? ", "output": "The cost of a long term disability policy will vary based on quite a few factors . Here are a few : 1 . The amount of monthly benefit you select . The higher the benefit , the higher the cost . 2 . Your specific occupation . The more hazardous your occupation , the more the insurance company will charge for the coverage . 3 . The riders you choose . Disability contracts have `` riders '' which are additional options and features that can be added to your policy . An example would be Future Purchase Option -LRB- FPO -RRB- which is the ability to buy more benefit as your income goes up without having to through medical underwriting . 4 . Your age and health . Disability insurance is more expensive the older you are . If you have health concerns , a disability carrier could charge an additional amount or decide to exclude a specific health issue in your policy . 5 . Tobacco usage . Smokers pay a higher premium . "}
{"input": "How Can I Get Health Insurance In Maine? ", "output": "Your first step is to go onto the Federal exchange website to get your `` obamacare '' prices . If you have issues accessing it , you can use the websites of the 2 companies that are on it : Anthem or MCHO -LRB- www.maineoptions.org -RRB- . Depending on your income , you could qualify for a nice credit that will bring the plan prices way down for you . If you receive little or no credit , you may want to consider a health plan off the exchange , and I have a nice one for you if that 's the case . "}
{"input": "Can Creditors Come After Life Insurance? ", "output": "In Canada , products issued by a life insurance company , life insurance , annuities , investment funds -LRB- segregated fund , variable annuities -RRB- are afforded creditor protection if : The beneficiary is in the preferred class : spouse , child , grandchild or parent of the life insured or The beneficiary is irrevocable beneficiary . -LRB- No changes to contract can be made without written permission of an irrevocable beneficiary -RRB- Protection is in cases of unforeseen bankruptcy . Since there are circumstances where creditor protection may not apply , it is recommended that you consult a legal advisor to find out if you are eligible for this protection . When the death when received is an asset of the beneficiary and is protected from the creditors of the policy owner . No protection if the beneficiary is the policy owners 's estate . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Can Creditors Come After Life Insurance? ", "output": "One of the beautiful advantages of life insurance is that it is a protected asset . Unless you 've put your life insurance cash value up as collateral , no one can touch it except the owner . Your cash value is also protected from taxation . And the benefit is paid to your beneficiary without being taxed and it can not be attached by creditors - either yours or theirs . "}
{"input": "Does Health Insurance Cover Breast Pump? ", "output": "Under the new Affordable Care Act provisions , equipment for breast-feeding is often covered . But mechanical equipment coverage seems a bit murky . It may be best to contact your current insurer and describe the type of breast pump you have . They should be able to advise you if it is covered . Breast ... , I mean , best of luck to you . "}
{"input": "How Much Renters Insurance Do I Need? ", "output": "What can you lose ? The easy part is to figure out what personal property is located in the rental unit . How much will it cost to replace it ? Dont forget clothes . The second part is more difficult . You can be sued for bodily injury and property damage that happens in your unit . How much would it take to pay that bill ? Those are the two major determinants of the price of a tenants policy . A competent insurance agent will walk you through these questions and then make a recommendation . "}
{"input": "Can I Add My Girlfriend To My Car Insurance? ", "output": "Insurance follows the car . You can add any member of your household to your policy . You can loan your car to anyone you please . If your girlfriend did n't live with you and was in an accident while operating your car with your permission , she would be covered to the limits of your policy . "}
{"input": "Can I Add My Girlfriend To My Car Insurance? ", "output": "Some carriers will allow you to add your girlfriend to your auto insurance policy provided that she lives at the same address as you . Contact your local agent to find out more details about coverage availability and pricing within your geographic area . Some carriers may require each of you to have your own auto policies if you are not married . "}
{"input": "Is Medicare Different From Medicaid? ", "output": "Medicare is a federally run health insurance program for persons who are older , those who have been determined disabled by Medicare , or have end stage renal disease . Medicaid is a state run program to help pay health care costs for persons and families who have limited income and resources . "}
{"input": "How Long Can You Be On Medicare? ", "output": "If you are 65 or older , and have qualified for Medicare based on residency and tenure in the Social Security system , you can remain on Medicare for life unless you opt out . If you are under 65 and on Medicare due to a disability that qualifies under Social Security , you continue on Medicare as long as you are disabled . "}
{"input": "Does Life Insurance Pay Off Debt? ", "output": "Life insurance pays thebeneficiaryof the policy . Thebeneficiarycan use the death benefitproceeds in any way they deem fit . If debt is cumbersome to the family or business , the proceeds can be used to pay debt down or eliminate it all together . The largest debt is generally a home mortgage . Manybeneficiariesretire theirmortgage from lifeinsuranceproceeds . "}
{"input": "Does Life Insurance Pay Off Debt? ", "output": "Term life insurance will pay off debt if the person who is insured passes away . When using Term life insurance to repay loans , many people use an assignment form . This form states that the death benefit of the policy will pay the lender the amount that is owed , then will pay the remainder of the death benefit to the primary beneficiary stated on the policy -LRB- e.g. spouse -RRB- . Whole or Universal Life insurance that has cash value can also be used to pay off debt while the insured person is still alive , by borrowing from the policy . Many people prefer borrowing from something they own vs borrowing from someone else . "}
{"input": "Will Life Insurance Cover Cancer? ", "output": "Yes , if someone has a life insurance policy and later passes away from cancer , the life insurance policy will pay the death benefit . The only exception would be if the applicant knew they had cancer but did not disclose it at the time the application was filled out , and if death occurred within the first two years . If the policy was guaranteed issue and the application did not ask about cancer , then not disclosing it will not matter . If someone is diagnosed with cancer and then applies for life insurance , the type of policy that can be obtained will be dependent on the type , stage and treatment of the cancer , and when the cancer was diagnosed and last treated . Life insurance almost never carries exclusions for cancer , but a graded policy can exclude paying the full death benefit for all but accidental death during the first 1-3 years of the policy . "}
{"input": "How Much Is Condo Renters Insurance? ", "output": "There isnt such a thing as a condo-renters policy . If you own the condo , then you need the condo form of a homeowners policy . If you are renting a unit regardless of how the title to the unit is held , you need a tenants policy -LRB- commonly called a renters policy . -RRB- The Condo form is for the owner of the unit and has similar coverages to as standard homeowners policy except that there isnt coverage for the building . The building is covered by a condominium master policy . The tenants policy covers the possessions of the renter . That form is the same regardless of whether it is a condo or an apartment . "}
{"input": "How Much Is Condo Renters Insurance? ", "output": "Like all other types of insurance , there is no one company that offers the `` best '' or `` most affordable '' renters insurance for everyone . To determine the best plan for your personal situation , I suggest speaking with a licensed insurance agent , one who represents many companies in your area . That is the only way to ensure you receive honest , expert advice , based on your personal needs . With property and casualty coverage such as home owners , renters , or auto insurance , you can normally get a better deal when purchasing coverage for more than one item . For example , I have my car and my home both covered on policies with Auto-Owners Insurance company . With the multi-policy discounts I receive , I actually pay less to insure my home and car than I would pay to insure my home , if that was the only policy I carried with that company . While that may sound illogical , if not unbelievable , it is true , and is a very smart approach to take to make sure you keep as much as your hard earned money in your pocket as possible . "}
{"input": "How Much Does It Cost To Be Put On Your Parents Car Insurance? ", "output": "The change in premium that is realized on your parents auto insurance policy can vary greatly from carrier to carrier and location to location . There are many factors that go into the determination of your auto insurance rates . Please contact your local agent to discuss coverage availability and pricing within your area . "}
{"input": "Who Offers The Lowest Auto Insurance Rates? ", "output": "It 's pretty simple ; those who are comparing the most number of quotes are the best way to get the lowest auto insurance rates . Again you want to get as many quotes as possible online and off line . Discounts and other offers make your auto insurance policy cheaper if you qualify . Here are a few good driver discounts , vehicle safety discount like alarms and Onstar , also low mileage can help but you may need proof that you drive very low miles per year . Good student , college degree , good credit and occupation . Try this out when shopping around ; you should save money with these tips . "}
{"input": "Who Offers The Lowest Auto Insurance Rates? ", "output": "The lowest auto insurance rates are easily found when you work with an experienced broker and their website . Why ? It 's important to check multiple companies , and receive unbiased advice from someone with at least 20 years in the business . Whether you have a great driving record or are considered a high-risk , you 'll save money . LIVE answer provided by : Ed Harris - Premier Auto Insurance Broker for last 33 years and owner of several top-rated websites that offer the lowest available rates . "}
{"input": "How To Choose A Good Life Insurance Policy? ", "output": "This is an excellent Question . You want a company that has good rating i.e Moodys and one that has been around for a long enough time to have proved themselves . Aside from that you want to go with a company that have the products that you are seeking . "}
{"input": "How To Choose A Good Life Insurance Policy? ", "output": "In addition to selecting a good life insurance professional and a company with good rating , you choose a good life insurance policy by knowing the features of the policy . Are the premiums guaranteed to stay the same for x number of years -LRB- for Term life or some Universal life -RRB- or are they guaranteed to stay the same for the rest of your life -LRB- for Whole life or GUL -RRB- ? Will the policy pay 100 % of the death benefit from day one for death by any reason -LRB- except suicide in first two years -RRB- ? Is the policy convertible to a permanent policy ? If so , how long and to what product -LRB- s -RRB- ? If accumulating cash value , what is the guaranteed interest rate ? You will want to see an illustration showing policy values and cost indexes . What riders are available and what is their cost ? Details like this can cause you to choose one policy over another , so do n't be afraid to ask questions . "}
{"input": "How To Choose A Good Life Insurance Policy? ", "output": "Bottom line question : What is the best type of life insurance to have ? Bottom line answer : The type that is in force when you die.Keep in mind that life insurance is the only financial vehicle that provides an income-tax free lump sum of money to the one who depends on the insured person financially upon the trigger-point of the contract : the death of the insured . Focus on that death benefit or face amount . Do n't be distracted by cash values , living benefits , etc. to begin with . -LRB- That can come later -RRB- . As far as choosing a `` good life insurance policy '' , the answers are endless . But , here are a few basic parameters to guide you to the answer that is best for you :1 . Ask the beneficiary , `` What would you do if I -LRB- the proposed-insured -RRB- were to die today ? '' . `` Do '' is the key word . This is not a quantitative inquiry . It has to do with values . What matters most to the person you care about ? 2 . Then , `` what would be the negative financial impact to the beneficiary if I were to die today ? '' This is n't that hard for most people . It has to do directly with what the beneficiary believes they would do if the insured dies . For instance , if the beneficiary would sell the house , do n't put that into the equation . If there 's debt , do put it in the equation . Income replacement is typically the most important . But , it may not be if there are no children and the beneficiary has a career . See ? It all depends on what the beneficiary would do . 3 . Once the amount is determined , my suggestion is to first buy a permanent plan of insurance that would cover final expenses . That does n't have to be a large face amount . But , it should be big enough to take care if immediate funeral and burial costs projected to mortality age .4 . Cover the rest of the need with low-cost , guaranteed level premium and fully convertible -LRB- exchange all or part of the term to a permanent plan of insurance without the need to medically qualify -RRB- term.Now you can discuss bells and whistles . But , only pay the extra amount those cost if -LRB- big if -RRB- they have value specific to your situation . An experienced agent who actively listens -LRB- let 's you talk more than s/he does -RRB- can guide you . "}
{"input": "How To Choose A Good Life Insurance Policy? ", "output": "I know this will sound trite , but you choose a good policy with good advice which means first choosing a good life insurance professional . Also consider that one must choose the right policy , not just a good one . By that I mean , choose a policy that matches the need . If you have a temporary need , term is fine and is inexpensive relative to permanent life products . If you have a permanent need , do not buy term insurance as it is a good product but the wrong solution . Also consider the company you choose since they need to be around to pay the claim - look for top rated insurers . Again , a life insurance professional will help you with all of this . "}
{"input": "Can You Have Medicare Part B Only? ", "output": "Yes , it 's possible to enroll in Medicare Part B without also enrolling in Medicare Part A . You can do this if you 're 65 or older , a U.S. resident -LRB- additional rules apply for non-U.S. citizens -RRB- , and do not yet qualify for premium-free Part A -LRB- having met the requirement of 40 quarters -LRB- 10 years -RRB- of working life and paying FICA taxes -RRB- . If you qualify for premium-free Part A , you 'll apply for both Part A & B together or apply for Part A first and Part B down the line . "}
{"input": "How Do I Apply For Medicare In Iowa? ", "output": "To apply for Medicare in Iowa , you can visit your local Social Security office to fill out an application . Or you can go to this website to sign up online : WEBSITELINK . Finally , you can call Social Security at1-800-772-1213 . "}
{"input": "What Blood Test Are Done For Life Insurance? ", "output": "The blood tests that are done for a life insurance exam generally include : Glucose AGP and Hemoglobin A1C BUN Creatine Alkaline Phosphatase Uric Acid Total Bilirubin Total Protein , Albumin , Globulin SGOT -LRB- AST -RRB- , SGPT -LRB- ALT -RRB- , GGT Cholesterol , HDL , LDL , and ratios Triglycerides These indicate abnormalities of blood , kidneys , liver and heart along with other diseases . The blood is also tested for presence of nicotine and drug use . "}
{"input": "When Do Annuities Pay Out? ", "output": "Annuities pay out at the time you choose to annuitize your policy . If you have an immediate annuity for which you paid a lump sum , your annuity will pay out almost immediately after taking out the annuity . If you have been putting payments into your annuity for a number of years , you make the choice when you want the annuity to start paying you . "}
{"input": "When Do Annuities Pay Out? ", "output": "Annuities are ultimately purchased for income scenarios . Deferred annuities can be annuitized or if they have withdrawal income riders can be scheduled to meet your income needs . Some are designed for 10 or 20 years certain . Immediate annuities can pay out according to your specified request or generate lifetime income you cant outlive . "}
{"input": "How Much Do You Pay For Disability Insurance? ", "output": "Disability insurance depends on a number of factors . The cost -LRB- your premium -RRB- is based on a number of factors - the most important being your medical history , your job , and your income - and the policies are very customizable . This is a very important type of coverage to have that many do n't think about . It protects one of your greatest assets - your ability to work.If you ca n't work because of an injury or illness , how do you provide income for you and your family . The answer ? Your disability insurance . When you 're buying a disability policy , the MOST important factor in the policy structure is the DEFINITION OF DISABILITY . Each policy will use 1 of the 3 definitions : 1 -RRB- True Own Occupation - this says you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation , even if you are at work in another occupation . In short , this is the most favorable definition you can have . 2 -RRB- Modified Own Occupation - this says that you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation . This one is commonly seen in many individual disability insurance policies . 3 -RRB- Gainful Occupation - this says if you are unable to perform the duties of your occupation or any occupation for which you are qualified for by education , training , or experience due to sickness or injury . In short , this is the least favorable definition . This one is commonly seen in group disability insurance policies through an employer and property and casualty insurers that offer disability coverage . There are many moving parts to disability insurance and is not something I would suggest trying to buy on your own - this is a type of coverage you should consult with an experienced independent disability insurance broker about . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much . "}
{"input": "How Much Do You Pay For Disability Insurance? ", "output": "But perhaps the most overlooked item is your human value , the ability to earn income over your working life . Providing an income stream for your family or business partners is a critical component to defensive planning . Disability premium pricing depends on your medical information , behaviors and your compensation . Medical information is collected such as gender , age , smoking status , health history , current medical condition , etc. . Behaviors like dangerous recreational activities , hazardous vocations and motor vehicle violations . And how much of your compensation do you want to coverage within the limits of disability insurance ? The generally rule of thumb for a nonsmoking healthy male covering 60 % of his compensation can be 3 to 5 % of the compensation coverage . "}
{"input": "How Much Do You Pay For Disability Insurance? ", "output": "There are too many factors to answer this question simply . To calculate a quote on disability insurance an agent needs your age , build , state of residence , occupation , length of employment , health status , life style , income , net worth and experience in your current field . Then the type of policy you need both short term and long term . Then we would need the elimination period and the benefit period and any riders you may need . I highly recommend using an independent disability broker to help you maneuver through this maze of questions . Almost all of us offer our expertise free of charge . "}
{"input": "Does Renters Insurance Cover Pest Control? ", "output": "Most insurance companies exclude coverage for routine maintenance such as pest control . Most insurance companies will not pay for damage caused by birds , vermin , rodents , insects or domestic animals . There may be exceptions to that exclusion when the damage is hidden . "}
{"input": "How To Cash In Life Insurance Policy After Death? ", "output": "When the insured of a life insurance policy dies , the primary beneficiary -LRB- ies -RRB- of the policy can make a claim on the death benefit . To file a claim , the carrier will generally require a claim form and a copy of the death certificate of the insured before they can pay the proceeds of the policy - some carriers may have additional requirements , varies by company . The beneficiary will generally have a couple of options on how to receive the benefits including being delivered a check for the amount or the carrier setting up a savings account with the proceeds for you to withdraw from at your leisure . Please feel free to contact me for help . Thanksverymuch . "}
{"input": "How To Cash In Life Insurance Policy After Death? ", "output": "To cash in a life insurance policy after the insured person dies , you start by contacting your agent or the insurance company through which the policy was issued . The policy should have a phone number listed on it , or else use an internet search engine to find an updated phone number for the claims department . They will send paperwork to fill out and send back with a certified death certificate . The check for the death benefit will be mailed to you , and will be made out to the beneficiary listed on the policy . If none of the beneficiaries are alive , the proceeds from the policy will go into the estate of the deceased and go through probate . "}
{"input": "How To Cash In Life Insurance Policy After Death? ", "output": "That is a great question ! First the beneficiary must contact the company and file a claim . At that point the company will send out a form , and when it is completed , and the deathcertificate is sent in , the company will begin to process the claim . If everything is in order , they will soon issue the check for the death benefit promised , minus any loans , fees , or unpaid premiums that might be owed . Thank you for asking ! "}
{"input": "How To Cash In Life Insurance Policy After Death? ", "output": "Cashing in a Life Insurance policy after death is what we call filing a claim . If you know the agent or broker who was working with the insured , I would contact them first as every company has paperwork which needs to be filled out . You will most likely have to call the claims department . You can call the company and ask for that extension or number . This will start the claim process . You will be sent paperwork which will need to be filled out as well as attaching the death certificate . The certificate will have to be the original , fyi . After receiving the paperwork back the company will process it . In most cases the turnaround time will be a couple weeks . If death happened within a couple years of getting the policy , it might be longer until the benefit is received . "}
{"input": "How Do Life Insurance Policies Pay Out? ", "output": "Life insurance policies pay out the death benefit as a lump sum , or in installments , or both . If paid in installments , there is interest added to the payments for the extra time that the life insurance company had that money in its possession . The installments can be a number -LRB- such as paid out in 10 equal installments -RRB- or a time period -LRB- such as paid out within 10 years -RRB- . "}
{"input": "How Do Life Insurance Policies Pay Out? ", "output": "When a death claim , a period of company due diligence occurs to verify the claim for the beneficiaries . Generally the life insurance is paid in a lump sum , but by election of the beneficiaries paid in installments . Depending upon the policy owner , the death benefit proceeds may pass tax free . "}
{"input": "Does Home Insurance Cover Replacement Windows? ", "output": "Homeowner 's policies vary a lot , so the only way to know for sure is to file a claim . Having said that it probably depends on what caused the windows to break . If it was something sudden and accidental such as a windstorm , vandalism or an accident with a baseball then you are probably covered . If the windows need to be replaced because of old age , then you probably wo n't be covered because of the wear and tear exclusion . "}
{"input": "Does Home Insurance Cover Replacement Windows? ", "output": "As always , it is best to talk to your Insurance Professional about the specific terms and conditions of your policy . If you are asking if a homeowners policy would pay to replace your older windows with replacement windows , unless the older windows had been severely damaged or destroyed by a covered peril , the odds are that your policy would not pay for the replacements . A Homeowners Insurance policy provides coverage to return your property to proper condition in the event that it has been damaged or lost due to some covered peril . Fire , severe wind , hurricane , lightening etc are some examples of these . Wear and tear is not . "}
{"input": "What Do Home Insurance Policies Cover? ", "output": "A home insurance policy covers a wide range of items . Your dwelling is typically covered for its replacement cost along with the contents inside the home . Expenses incurred as a result of a claim are typically covered along with liability protection in case you are sued . Medical payments to others along with coverage for unattached structures is generally covered on most policies . Specific coverage can be discussed with an experienced broker . "}
{"input": "What Is Disability Health Insurance? ", "output": "In the United States , Disability Insurance and Health Insurance are two different products . Health Insurance pays for the cost of health care , while Disability Insurance pays the insured person cash to replace some of the income lost by becoming disabled . The dollar benefits of health insurance are based on the cost of the care , whereas the dollar benefits of disability insurance are based on the income the insured person was making before he/she got injured or ill . "}
{"input": "Which Is The Best Life Insurance Company Ratings? ", "output": "Every rating agency has their own ratings . With AM Best , A + + is their best rating . With Fitch , their highest rating is AAA . Moody 's highest rating is Aaa . S&P 's best life insurance company rating is AAA . Weiss 's highest rating is A + . The companies with the best ratings will have high ratings from all these agencies . "}
{"input": "Does Life Insurance Cover Plane Crashes? ", "output": "The question maybe more accurately asked : Does Life insurance cover policy insureds in the event of a plane crash ? The answer is yes for the flying public . Student pilots and certified pilots must declare their operators flying status in flight hours , instrument ratings , size of aircraft and whether or not their commercial pilots . A life insurance company will assess the risk and rate according to their underwriting protocols for pilots . "}
{"input": "Does Life Insurance Cover Plane Crashes? ", "output": "Yes , life insurance does cover passengers in plane crashes . It also covers the pilots of plane crashes if they disclosed on their application that they were pilots , and obtained coverage that did not exclude their flying while piloting the plane . Life insurance covers death due to accident AND natural causes such as illness . "}
{"input": "How Much Home Insurance Do I Really Need? ", "output": "That is a great question ! Your question is a really good one , as it really speaks to the balance of affordability and adequately covered . Your insurer will have a program that estimates the value of your belongings . If you own an expensive collection , or have high end electronics or jewelry , that value may not be covered . Take some time and research what the value of those items are , if that is the case for you . Find out what it would cost to replace it , or if you have the receipts , what you paid . Contact some local builders , and find out what it would cost to build a home like yours Do not include the cost of the land , unless it 's landscaped , or forested -RRB- . Compare those amounts with what you have for your coverage . If the opposite is true , and you have n't got a lot of stuff , go low , and increase your coverage as you add to your belongings . I hope that helps - thanks for asking ! "}
{"input": "How Much Home Insurance Do I Really Need? ", "output": "You should estimate the replacement cost for your home - your insurance advisor should be able to do this for you at ease based on your property description and general details . This would take into account the cost of materials and labor to rebuild your home back to the same position that you were at before . It is always suggested that you insure your home at a minimum at replacement cost , if not more depending on improvements/betterments made to the home . "}
{"input": "How Much Home Insurance Do I Really Need? ", "output": "The amount of coverage on a homeowners policy is prescribed by the lender in the majority of cases . As long as the market conditions are lower than the cost of rebuilding that works well . However , when housing prices rise , lenders often want more coverage than necessary to replace the house . In California the lenders are not allowed to demand more than the amount necessary to reconstruct the home . Your agent can provide all the information that you require . "}
{"input": "Does Homeowners Insurance Cover Water Damage From A Dishwasher? ", "output": "Your homeowners policy may provide some coverage for water damage caused by water from a diswaher less your deductible up to the limits of the policy . Please read your policy completely to understand the coverage provided and any exclusions that may be contained within or contact your local agent to have them go over the policy with you . "}
{"input": "Our Grandson Lives With Us And Has Insurance With Step Dad. He Had An Accident, Are We Responsible? ", "output": "First of all , I hope everyone is ok from the accident . Well , there are a few questions that you need to ask and you need to take a look at the auto policy . How long has your grandson been living with you?Take a look at the policy to see ifyour grandson 's name listed on the policy as a named insured . Here is how `` you and `` your '' is defined in the policy : 1 . Those named in the declarations , and 2 . The spouse of the person -LRB- s -RRB- named , if they are a resident of the SAME household a. Living in the same household as `` You '' , or if not living in the same household as `` You '' , he or she isconsidered `` You '' unitl the earlier of : 1 . 90 days after a change in residency 2 . The effective date of securing his or her own coverage 3 . The date the policy expires A `` Family member '' is defined : 1 . A resident of your household who is : a.related to you by blood , marriage , or adoption b. is a ward or foster child . Now thatyour grandson lives with you , the insurance company is wanting to add him to your insurancebecausehe is a `` Family Member '' of your householdand not his step fathers.You need to discuss what you would like to happen with your current agent . The insurance company may offer a solution and have you sign a driver exclusion form that would specifically exclude your grandson from your policy . "}
{"input": "Our Grandson Lives With Us And Has Insurance With Step Dad. He Had An Accident, Are We Responsible? ", "output": "This is a very common question and the the answer given about the technical aspects are excellent . The main thing in this type of case as I have discovered over the years is to contact a lawyer and pay for a simple interview if you must . I had a similar thing happen with an accident I had before I entered the insurance profession and I wound up paying my own deductible when the other party was issued several tickets . I did two things , I had an attorney write a letter to the company we were both insured with and I took my insurance elsewhere . I received a refund for my deductible . "}
{"input": "What Insurance Do You Get When You Are On Disability? ", "output": "It depends on the situation . If you are on Social Security disability then after about two years you can qualify for Medicare . If you are on disability from work your companies insurance will usually continue to cover you . If you have a personal disability policy and a health insurance policy then you would need to keep paying for your health insurance unless your policy includes some type of disability waiver , which is not common . "}
{"input": "What Is Guaranteed Premium Life Insurance? ", "output": "Guaranteed premium life insurance is life insurance where the premium is guaranteed not to go up for a certain amount of time . In term life , this is usually -LRB- but not always -RRB- the number of years in the term . When the term ends , the premiums usually jumps very high . In universal life , you can often select a period of time where the premium will not go up and the policy will not lapse . If you want the premium to not go up for your lifetime , you would pick a universal life policy with the premium locked in to age 100 or longer . In whole life , the premium is usually guaranteed to age 100 , at which time the policy will pay you the face amount if you are still alive . "}
{"input": "What Is Guaranteed Premium Life Insurance? ", "output": "Guaranteed premium life insurance simply means that the premium is guaranteed to be unchanged from what was promised in the contract . It is not the same as guaranteed Level premium , which means that the premium at issue will never increase . So unlike guaranteed level premium , with guaranteed premium the premium may well increase over time . Also with some Universal life policies while the premium is guaranteed , the cost of insurance is not , so as a result if you do not pay more that the guaranteed premium your policy will eventually lapse for non payment once the cash value is exhausted . Beware ! "}
{"input": "What Is Guaranteed Premium Life Insurance? ", "output": "Guaranteed premium life insurance is a life insurance policy in which you get a contractual guarantee that the premium will not change . It will not increase , and it will not decrease . That is a very good deal . You do not want to have to worry about your premium changing . This product is , after all , supposed to be the foundation of your financial portfolio . As such , it should be dependable . Virtually all life insurance products available now provide premium guarantees . Its really just a question of how long the guarantee will last . Term insurance gives you guarantees for a specified amount of time . Could be 10 years , 15 , 20 , 30 , etc. . After that , watch out . The price could go skyhigh . Universal life could also give you guarantees for a specified amount of time . The interesting thing about this product is that since it has a flexible premium , you can determine how long you want that guarantee . It could last from a few years , to your lifetime . You can kind of make it function as permanent term insurance . No guaranteed cash accumulation , but a lifetime guarantee on the premium . And on the death benefit , by the way . Whole life typically comes with a lifetime guarantee on the premium . Thats the way the product is designed . I think you can appreciate that the longer you want the guarantee , the higher will be the premium . You get what you pay for . There you go . What else do you need to know ? "}
{"input": "What Is Guaranteed Premium Life Insurance? ", "output": "That is a great question ! `` Guaranteed premium '' means that the price stays the same - it 's `` guaranteed '' . This is typical in most whole life policies , but can be different in term life policies . For example , you might purchase a straightforward 10 year term policy . In 99.9 % of those policies , your premium payment is the same from first payment to the last payment . In a term policy like those offered by AAA or AARP , however , their premiums will increase as you age , and pass through each `` age band '' -LRB- 55-59 , 60-64 ,65 -69,70 -74,75 -79 -RRB- until you reach your 80th birthday , and the policies end . They will `` Guarantee '' your price through each band , but increase it in the next one , and `` guarantee '' that rate until the next . If you have questions , please drop me a line , I 'm always happy to help . Thanks for asking ! "}
{"input": "How Much Is A Health Insurance Policy? ", "output": "The cost of a health insurance policy can vary , depending upon many factors . Although your health conditions will soon not be a factor , your age and zip code will , in part , determine what you pay . If you 're not a high income earner , your premium could be incredibly low . Otherwise , with a big family and large income , you will pay more . However , an HSA would help reduce your rates . As experienced brokers with top-rated websites , we help consumers find the lowest prices from the best insurers in their area . Quotes , of course , are always free . "}
{"input": "Does Group Life Insurance Work? ", "output": "Yes , Group life insurance works . Group life will pay a claim , just as an individual policy would . The question with group life , is should it be your only form of life insurance ? While it is nice that a portion is picked up by most employers -LRB- up to 50,000 -RRB- as they get a tax deduction for providing coverage to a point . However , as an individual on a group plan , you have no control over the situation . If your employer changes plans or decides to end the benefit , you have no coverage . Where this can become a problem is if your health changes while in the group plan . The plan ends , you still need coverage , but your health may prevent you from getting covered or covered at a reasonble price . With group coverage , you do n't have a lot of say over the coverage . It is always better to find your own coverage that suits your needs and then using group coverage as bonus coverage as no telling if it will be there when you need it to be . "}
{"input": "Does Group Life Insurance Work? ", "output": "Most group life offered by the employer is term insurance that will cover you while you are employed . Some companies will continue your insurance at a reduced amount after retirement and some give you an option of converting the insurance to a whole life plan and you would pay your own premium . Group term life will only pay while it is in force , meaning while you are employed . Never rely on group term life coverage as your only source of life insurance . In today 's economy you could find yourself out of work and if you are sick , uninsurable Always carry at least enough insurance to pay final expenses and pay off outstanding debt . "}
{"input": "What Is A 20 Year Level Term Life Insurance? ", "output": "Term poicies last for a certain period . You can purchase a 20 year term which will give you both a level death benefit and level premium for 20 years . At the end of 20 years the policy will end . Many times these policies carry a conversion option so you can actually convert them to a permanent plan as long as you do it within the 20 year period . The benefit to these convertible plans is you do n't have to pass an insurance exam when you are ready to convert . "}
{"input": "What Is A 20 Year Level Term Life Insurance? ", "output": "20 Year Level Term Life Insurance is a guaranteed level premium for a 20 year period of coverage based on the policy insureds gender , age , smoking status and health condition . It requires economic justification for the amount of death benefit coverage and insurable interest between the policy beneficiaries and the insured . "}
{"input": "What Is A 20 Year Level Term Life Insurance? ", "output": "A 20-year level term insurance policy is a contract where the premium and face amount -LRB- death benefit -RRB- are guaranteed for 20 years . Many large and reputable carriers issue these type of policies . You are not obligated to keep coverage for the full term and there may be conversion options available . They are actually among the most popular term life insurance plans available to consumers and can be very affordable , depending on your age . A full-time experienced broker can help determine the best face amount of coverage , but also find the lowest rates and provide the best information . "}
{"input": "Does Homeowners Insurance Cover Appliances? ", "output": "Your Homeowners Insurance policy provides protection against losses caused by covered perils named in the policy , or those perils that are not specifically excluded -LRB- earth movement and flood for example -RRB- . If your appliance simply gives out over time due to wear and tear , this would not be a covered peril . If however , your appliance is damaged as a result of a fire , or a power surge caused by lightning to name two examples , then they moire than likely would be coverage in your policy for such damage , subject to your policy deductible . Talk to your Insurance Professional about the terms and conditions of your policy . "}
{"input": "How Long After An Injury Can I File Workmans Comp? ", "output": "Workers Comp injuries are to be reported and filed immediately . The longer you wait the more potential problems you may have with the claim as this would seem suspicious . This is not to say late reporting does not happen but there will be additional investigating . In most cases you could potentially go as much as a year but rules vary by state . If you have a legitimate WC claim I suggest you report the issue right away . "}
{"input": "How Long After An Injury Can I File Workmans Comp? ", "output": "Each state has it 's statue of limitation on Workers Comp . claim . It 's highly advisable to report your injury as soon as possible . After 30-45 days you may loose your right for a workers comp . claim . It is also known , that an injury may show up after a prolong time , like limited poisoning received during an employee visit of warehouse , where mercury was spilled . In that case , you are better to get a check up and report any injury as soon as the accident was discovered . "}
{"input": "Can I Change My Car Insurance Anytime? ", "output": "Yes , you can change at any time . If you have already paid your premium the company will have to refund any unearned premium . Some companies may short rate you however , meaning you may not get the full amount you are expecting . This amount is usually small and not all companies do this . "}
{"input": "How To Make Your Own Retirement Plan? ", "output": "While I was in High School , I played sports . We had a great football and wrestling program . While I would like to believe the reason it was so great was because of yours truly ... That would be untrue ! Point being , it was great coaching that created a great team and great success . You can certainly ` create your own awesome retirement plan ' - but would n't it make sense to do so , with the help of great coaches ? I think so ! "}
{"input": "How To Make Your Own Retirement Plan? ", "output": "If you are in a low tax bracket you may consider using a non-qualified retirement plan that uses life insurance and / or annuities . Although these products have their own policy expenses and surrender charges , the are generally more flexible than a qualified plan , especially a life insurance policy designed to maximized cash values . "}
{"input": "Can I Get Auto Insurance For Just One Month? ", "output": "You can get auto insurance for one month . When you apply for coverage , you will be required to make an initial payment and the rate is usually guaranteed for 6-12 months . You can elect different billing arrangements . You always have the right to cancel a policy at any time . A refund -LRB- short-rated or pro-rated -RRB- will be offered . "}
{"input": "Does Long Term Care Insurance Cover Rehab? ", "output": "Rehab for the first 20 days after a qualifying hospital stay is usually covered by Medicare . Then on a sliding scale of cost to the patient , Medicare can help fund rehab provided for up to an additional 80 days . If the patient needing rehab has a long term care insurance policy , the policy may help pay for rehabilitation services after the elimination period is satisfied . These rehabilitation services may be provided in the home or other living arrangements besides skilled nursing facilities , with some long term care insurance policies . Individual policy provisions will determine what is covered . "}
{"input": "What Is The Best Long Term Health Care Insurance? ", "output": "There are not many long term care insurance companies remaining in the market , but those who left are are solid carriers , Each carrier presents policy provisions with their own proprietary definitions and benefits that may favor one carrier over another . But from an overall perspective , Genworth is one of the top long term care insurance companies . "}
{"input": "What Is The Federal Retirement Plan? ", "output": "There is the federal employees retirement system for federal government employees . . Most of these plans are defined benefit retirement plans , but some offer defined contribution plans , which are becoming more popular . "}
{"input": "Where Do Life Insurance Companies Make Money? ", "output": "Life insurance companies have several sources of revenue to potentially generate money . The big one is the cost of insurance or mortality charges . Then the money generated by return on their investment portfolio . Lastly , money is made from front end premium loads , administration charges and individual policy fees . "}
{"input": "Where Do Life Insurance Companies Make Money? ", "output": "Most life insurance companies earn an underwriting profit , especially on the life lines . If they have diversified into other areas such as annuities or health insurance , profit margins are usually a bit slimmer . Most carriers earn the bulk of their profit from cash flow investing and earnings on statutory reserves in the general fund . "}
{"input": "What Is The Difference Between Mortgage Insurance And Home Insurance? ", "output": "Home insurance protects your home and your possessions against accidental loss or damage . You can find an agent to help you determine your needs very easily . Mortgage insurance could mean one of two things . PMI or Private Mortgage Insurance allows you to take out a larger loan from the bank than you might normally qualify for . This is because the insurance company is promising to pay the bank money if you can not pay your mortgage for some reason . This is usually provided through a company that works with the bank . MPI or Mortgage Protection Insurance is a type of term life insurance . This insurance pays off your mortgage if you die or , depending on the plan , are unable to work . You can find a local life insurance agent who can help you with this plan . "}
{"input": "What Is The Number One Car Insurance? ", "output": "USAA -LRB- United Services Automobile Association -RRB- out-scores mostother car insurance companies by far , in theJD Power auto claims & auto insurance customer satisfactionstudies each year , but it 's available onlyto active US military , honorably-discharged veterans , and somequalifying family members . Amica , acompany available to the general public in most US states , also performs well in JD Power auto insurance studies . If by number one , you mean the company insuring the most private passengercars in the USA , the answer to your question is State Farm . "}
{"input": "Is Long Term Care Insurance Considered Health Insurance? ", "output": "Health insurance and long term care insurance are both morbidity insurance products -LRB- disability insurance as well . -RRB- Health insurance pays the medical bills incurred in hospitals , emergency rooms and doctors visits . Long term care insurance pays for extended care whether assisted living -LRB- at home -RRB- or nursing home confinement . "}
{"input": "Can I Get Veterans Life Insurance? ", "output": "The requirements for receiving VGLI -LRB- Veterans Group Life Insurance recently changed -RRB- . For those retiring from the service before Nov 1 , 2012 , you must apply within 1 year and 120 days from the date you separated from the service . At this point in time , you will need to answer some health questions to be eligible to get the policy . You also need to have been on SGLI while you served , in order to qualify for VGLI . If you retired after Nov 1 , 2012 . you have 240 days to apply for VGLI without answering health questions . If you miss that deadline , you can get VGLI with evidence of good health if you apply within 1 year and 120 days from the date you separated from the service . Again , you must be on SGLI at the time you left the service , in order to qualify for VGLI . Others who can get VGLI are the Individual Ready Reserve or Inactive National Guard . If you do not fit any of these categories , or do not wish to go that route , veterans can get an individual policy from private companies . Some of the health conditions that , unfortunately , can hit veterans disproportionately high are hepatitis , PTSD , diabetes , and others . Going to a company that specializes in any health conditions you might have will be a big help . "}
{"input": "What Is Long Term Care Insurance Credit? ", "output": "Long Term Care Insurance credit is a tax advantage given to those who purchase LTCI . About half the states in the United States offer a tax credit to those who purchase LTCI , and the tax credit can be as high as 25 % of the Long Term Care policy premium , in some states . "}
{"input": "What Insurance Do I Need For A New Home? ", "output": "This is really a question that each individual must answer for themselves . My personal recommendation for every homeowners is a homeowners policy with personal liability coverage and equipment breakdown coverage . I would also recommend that every homeowner carry umbrella insurance . Your exact coverages are something that only you can decide upon . To ensue that you are properly insured you should contact a local insurance agent to discuss your needs with . "}
{"input": "What Insurance Do I Need For A New Home? ", "output": "There are a few types of coverage to consider . First of course is a Homeowners ' Insurance Policy . This will be required by your mortgage company and it provides broad loss coverage on your new home and your personal belongings as well as liability protection for you and your family in the event you happen to be legally responsible for someone 's injury or damage to their property . Next , and this may be required depending upon the location of your home , is Flood Insurance . Flood damage is NEVER covered under a homeowners ' policy so if required , it means you are located in a higher risk flood zone . If not required it is still a good idea to consider . Finally , look into Life Insurance to protect your family in the event you die before your mortgage is paid off . "}
{"input": "When Should I Drop Collision From My Auto Insurance? ", "output": "This is a tough one since everyone 's personal situation is involved in a different fashion . For some folks a 10 year old vehicle might still need collision coverage while for other folks , they expect that a loss could eliminate the vehicle . I suggest you start by doing an online appraisal of your car , either through Edmund or Kelly Blue book . Answer the data questions and then you will know the value of your car . I also recommend you continue to carry Uninsured Motorist Property Damage Coverage . This coverage is very inexpensive , uses a deductible and should remain on your vehicle . "}
{"input": "Who Is Stonebridge Life Insurance? ", "output": "Stonebridge Life Insurance Company is a sister company to Transamerica . Both are AEGON companies . Stonebridge life insurance is offered in several types of policies , including Term and Whole Life . To compare Stonebridge Life Insurance rates with the rates of life insurance with other companies , you can look for instant life insurance quotes on internet quote engines , or call a life insurance agency that carries policies from more than one company . "}
{"input": "Will Homeowners Insurance Cover Water In Basement? ", "output": "It may be possible , but it depends upon the source of the water and the terms and conditions of your policy . If for example you have suffered water damage because a pipe failed , then in most cases this would be covered . It is common that damage caused by ground water seepage is not covered , however , talk to your insurance professional to see if your insurance company offers an endorsement that provides protection from the failure of a drainage system . Any coverage available through your Homeowners policy would , of course , be subject to your deductible . "}
{"input": "Will Homeowners Insurance Cover Water In Basement? ", "output": "A homeowners policy pays for damages caused by specified perils . Water could enter your basement from a burst water line in the house , in which case the damage is most likely covered by your homeowners policy -LRB- there are various forms . -RRB- If the water entered your basement from outside it is very unlikely that there will be any coverage because that peril is usually excluded from a homeowners policy . 25 % of losses suffered by homeowners have to do with flood . Flood insurance is usually a separate policy . "}
{"input": "Will Homeowners Insurance Cover Water In Basement? ", "output": "Possibly yes and possibly no ! The question that needs to be answered is how the water got there . If the water is ground water entering the home thru doors and windows , only flood insurance , NOThomeowners insurance , covers the resultant damage . And even with flood insurance the coverage is very limitedin areas of the home below grade . If the source of the water is seepage thru cracks in the foundation there is no coverage . If the source of the water is sump pump failure , whether by power outage , mechanical failure or simply being overwhelmed , you will need to have optional coverage available from many insurers . The same for the source of the water being a back up of the sewer system . If the source of the water is overflow from above , such a burst washer hose or clogged commode , there would likely be coverage . You will want to consult your insurance professional for a detailed review of the coverage you have and/or need . "}
{"input": "What Is Supplemental Term Life Insurance? ", "output": "Supplemental Term Life Insurance is coverage offered by an employer to employees and/or spouses , whereby they can add onto the coverage provided by the employer in their group plan . They are able to purchase the supplemental term life insurance coverage at group rates , but most likely will not be able to take their term policy with them at that price if they leave that place of business . "}
{"input": "Is Retirement Plan Income Taxable? ", "output": "Is income from retirement plans taxable ? In most all cases the answer is yes . You either pay taxes going in or coming out . Most retirement plans are qualified plans where your contributions going in are tax free . From there they grow tax deferred and upon distribution are subject to income taxes based on the bracket you fall into in retirement . There are also plans that allow you to put money in that you 've already paid taxes on . Those funds are never taxed again , so in some plans you have taxable and non taxable distributions paid out to you . The non taxable funds are not subject to income taxes in the year you take them out . "}
{"input": "Is Retirement Plan Income Taxable? ", "output": "Ultimately all qualified retirement plans are taxable as ordinary income , whether defined benefit or defined contribution plans . There is no basis in the distributions , so your original contribution are taxed upon distributions as well . Income generated from qualified retirement plans are also included in the provisional income test for Social Security taxation . "}
{"input": "How Much Will Car Insurance Cost For A 20 Year Old? ", "output": "There is not enough information to answer the question . As an agent I would need to know what kind of car the driver will be operating , What are the desired coverage 's the driver wishes to carry . Also I would need to check driving history , location or garaging address and see if the driver may qualify for any potential discounts . These are just the basics in order to get a rate . "}
{"input": "How Much Will Homeowners Insurance Cost? ", "output": "As my colleague said , there are a great many factors that are considered when the premium for a home is developed . In addition to those he mentioned , the year of construction and style of home along with it 's proximity to fire services , namely water sources such as hydrants and distance from the closest Fire Fighting Company would be included . Having a monitored alarm system and also insuring your cars with the same company would more than likely earn you money saving discounts . Talk to your Insurance Professional about the specific terms and conditions of your homeowners ' policy and ask about any available discounts for which you may qualify to best manage your costs . "}
{"input": "How Much Will Homeowners Insurance Cost? ", "output": "That is going to depend on many factors . To name a few : the valuation of the home , your geographic location , your homeowners loss history , any endorsements on the policy , and many other factors . That being said I would say that a good many homeowners policies in my area run from about $ 600 to $ 2000 per year . Please contact a local agent to find out what the rates would be for a policy in your area . "}
{"input": "Does Medicare Part A And B Cover Eye Exams? ", "output": "Routine eye exams are not covered by Medicare Part A or Part B . If you are an inpatient in a hospital , and have an illness or injury to your eye , Part A would cover that exam . If you are treated as an outpatient in the ER , clinic or doctor 's office for illness or injury to your eye , Part B will cover at least a portion of the exam . "}
{"input": "Can One Have Two Health Insurance Policies? ", "output": "On the same vehicle ? No . Because how would you decide which company had to pay out if there was a claim ? On separate vehicles , for example if you had a convertible you like to take out on the weekends and did n't want it on your family policy , that would be fine . "}
{"input": "Can One Have Two Health Insurance Policies? ", "output": "Yes it is possible to have more than one insurance policy if you are under the age of 65 and not on Medicare but whether or not this is advisable is the real question . Keep in mind you will have two premiums to meet , two deductibles and quite possibly these two different plans will not have the same benefits and even network of hospitals and doctors . "}
{"input": "Can One Have Two Health Insurance Policies? ", "output": "You can have two auto policies but not on the same car . I have many clients that own small business and they have a business auto policy and a personal auto policy which then gives them a multi policy discount on the personal auto and cost them much less per auto and the business auto they use the insurance premium as a business expense on their taxes . "}
{"input": "Is Home Insurance The Same As Mortgage Insurance? ", "output": "This question addresses the issue of policy names . A home policy could mean a homeowners insurance policy . A mortgage policy could be talking about the policy that protects a lender from default on a loan . The mortgage policy could also be talking about a term insurance policy that provides enough money to pay off the mortgage in the event of death during the term of the policy -LRB- and hopefully the mortgage . -RRB- Another problem is that there is a variety of property insurance policies , any one of which might satisfy a lender . Knowing the list of covered perils is critical and understanding the value added in a homeowners form is essential . The bottom line is that the home policy is probably designed to satisfy a lender and restore a damaged home for the benefit of the homeowner . The mortgage policy is generally designed to either insure enough money to pay off the mortgage or protect the lender against default by the borrower . "}
{"input": "Is Home Insurance The Same As Mortgage Insurance? ", "output": "No . Home Insurance protects you if your house incurs a loss due to a covered peril such as fire , wind , lightning etc. . It also protects you from theft and liability if someone is hurt on your property and files a law suite . Mortgage Insurance , -LRB- I am assuming you mean Mortgage Term -RRB- is a form of life insurance that pays off your mortgage in the event of your death . Your bank may also have a form of mortgage insurance that protects the bank in the event you default . "}
{"input": "Is Home Insurance The Same As Mortgage Insurance? ", "output": "No . Home insurance is the coverage that you get to cover your contents and your liability for owning the home . It is a policy designed to take care of the building and its contents . Mortgage insurance is typically a life insurance product that covers the financial amount owed to the mortgage company . So basically it is an overpriced term policy . I would suggest getting with an insurance professional that can work with you to protect your property as well as your financial obligations . "}
{"input": "Is Home Insurance The Same As Mortgage Insurance? ", "output": "No they are two distinct types of coverage . A Homeowners ' policy provides financial support in the event that your home or pesonal belongings are damaged or destroyed by a covered peril . It also protects you in the event you injure someone or cause damage to their property through the Liability coverage portion of your policy.Your Insurance Professional will be able to discuss the specifics of your policy including coverage and any policy limitations or exclusions . `` Mortgage Insurance '' generally speaking is a Life Insurance policy that is taken out in the amount of your mortgage . Typically these are term policies . The idea is that shoud you die unexpectedly before your mortgage if fully paid , your family would receive enough life insurance benefit to pay off that loan and maintain the security of the home you halped to provide for them . "}
{"input": "How Can I Cancel My Health Insurance In Tennessee? ", "output": "Individual and group health insurance policies can be terminated essentially at any time by the policyholder . The correct manner is to send in a written notice of termination to your health insurance carrier that states the date of termination . Generally the date of termination should be for a date after you are sending in the termination notice . For example , you send in a letter on June 5th notifying the insurance carrier of your intent to terminate coverage effective July 1st . Attempting to terminate your coverage in a retroactive manner is more problematic and should be avoided if at all possible . First of all , if premiums have already been paid for the period you are wanting to backdate your coverage to the insurance carrier will be within their rights to hold on to your premium and to check if any claims activity has occurred during that period . Even in this electronic age a claim may not be filed immediately after services are rendered and the insurance carrier has to be mindful of this lag time . For this reason a request for a retroactive termination will certainly be delayed and if any claims activity came in during that period the request for a retroactive termination would most likely be denied and granted for the fist of the next month . Then there is the less graceful way of cancelling your coverage and that is simply not to make your premium payment . Failure to pay is a violation of your individual or group contract terms and will lead to contract cancellation by the insurance carrier . I do not recommend this approach as it is bad personal and/or business practice . Also , most individual health insurance contracts and an increasing number of group health plans are set up on an automatic bank draft basis . Failure to provide a notice of termination will not stop this automatic draft from being drawn from your account . Sometimes people put a `` stop pay '' order for the draft on their bank account , for which you have to pay the bank a fee , and then from the insurance carrier 's perspective when they attempt to make the monthly payment draft this is no different than getting a bounced check so they will still attempt to collect payment while adding a late payment charge onto the premium . This situation can get quite messy and end up taking more of your time to resolve than simply sending in a termination notice . "}
{"input": "What Is Single Premium Immediate Annuities? ", "output": "A `` single-premium immediate annuity -LRB- SPIA -RRB- '' is an annuity . That is to say , an annuity is defined as an income stream that continues until the annuitant dies when a person pays a lump sum of money -LRB- single premium -RRB- to an insurance company in exchange for that income stream -LRB- annuity -RRB- . So , the term `` single-premium immediate annuity '' is a bit redundant . Think of it as taking retirement money from a privately funded pension , except that , in this case , you are funding it with a one-time , lump-sum of money.The important thing to remember is that once you pay the single premium , that money is essentially `` gone '' . You have just `` purchased '' an income that you can not outlive.There are all sorts of ways to design the annuity -LRB- stream of income -RRB- . You can get a monthly check , quarterly check , annual check - just about any payment schedule you can think of . You can also have the annuity pay out completely should you die before the original single premium you gave to the insurance company gets paid out . Should you choose that option , you will need to name a `` beneficiary '' to receive the remainder of the payout.Annuities , in general , are complex insurance contracts and space is not provided here to go into all the details . But , be absolutely certain that an annuity is right for you before you fork over the money because once it is committed to the contract , you either ca n't get a refund or there are stiff surrender penalties associated with backing out of the deal . Work only with an experienced insurance professional that has a solid working knowledge of what annuities are , how they work , and whether or not it is in your best interest to own one . More advanced knowledge about annuities can be obtained by consumer-friendly websites online . "}
{"input": "Does Fidelity Sell Life Insurance? ", "output": "Yes , Fidelity sells life insurance through Fidelity Life Association . The company was established in 1896 as a fraternal benefit society in the state of Illinois . They are licensed to sell life insurance in all the states except Washington and New York . They sell to both individuals and groups . Their products include Term , Universal , and Whole Life Insurance , many of which do not require an exam . "}
{"input": "What Is So Bad About Annuities? ", "output": "Product selection is a client suitability issue , not a moral assessment . For example : People who consider tax deferred , fixed rate annuities are generally long term savers who desire a better interest rate than a mid to long term bank CD . They also may have a high effective tax bracket and desire to defer taxes , something a CD does n't do . There are also other crediting methods for tax deferred annuities that may appeal to investors . All saving and investing products need to be carefully weighed before any purchase to establish the product fit or it 's suitability for the client . "}
{"input": "Who Is Eligible For Medicare Part A And B? ", "output": "If you are a US citizen or legal resident , have lived in the US at least 5 years and you -LRB- or your spouse -RRB- have 40 quarters of Social Security wages , you are probably eligible for Medicare Part A and Part B. Most will get Part A at no charge but you will have to pay for Part B "}
{"input": "What's The Best Retirement Plan? ", "output": "The best retirement plan is the one that is suitable for you . To determine suitability , youll need to perform a personal financial profile that includes a risk assessment , your tax bracket and annual contribution amount . Your first step in to determine if your employer offers a retirement plan and if it offers a matching contribution . If that option doesnt exist , then the next step is considering a qualified or non-qualified plan . Your last step is to fund the plan with saving or investment option suitable to your financial profile . "}
{"input": "Can A Business Own A Fixed Annuity? ", "output": "That is a great question ! There are a great number of companies that hold fixed annuities as part of their retirement benefit plans . In some cases they are offered as an investment option for the employees , in other cases the company holds them to be able to fund the employee benefits to be paid at some later date . The annuities ensure the availability of income at that later date . Thank you for asking ! "}
{"input": "Can A Business Own A Fixed Annuity? ", "output": "A fixed annuity is an annuity that pays interest at a guaranteed rate . There are two types , immediate and deferred . A business can own an immediate annuity . If the business were to buy a fixed deferred annuity it would not receive favorable tax treatment unless it was a part of the estate of deceased natural person , or was held within a qualified plan . "}
{"input": "What Does Life Insurance Test For In A Blood Test? ", "output": "A life insurance blood test , along with a urine test and medical records , are used to assess the risk to the life insurance company for offering you insurance . The blood test checks for any illegal drugs , prescription medications and any health conditions you may have . "}
{"input": "What Does Life Insurance Test For In A Blood Test? ", "output": "The blood test used for life insurance exams tests for HIV , cholesterol and other lipids , drug use , cotinine -LRB- a metabolyte of nicotine -RRB- , liver function , kidney function , and blood glucose . While not testing for specific diseases , the blood test results can point to a variety of diseases and further documentation may be ordered if exam results are questionable . "}
{"input": "Can You Deduct Medicare Premiums From Taxes? ", "output": "Medical expenses can only be deducted if they exceed 7.5 % of your adjusted gross income -LRB- AGI -RRB- . You are allowed to add Medicare premiums to out-of-pocket costs , which may put you over 7.5 % of the AGI threshold and cause your total itemized deductions to exceed the standard deduction amount . Also , people who continue to run their own businesses after qualifying for Medicare can now deduct the premiums they pay for Medicare Part B and Medicare Part D and the cost of supplemental Medicare policies . "}
{"input": "How Does Health Insurance Work While On Disability? ", "output": "How does health insurance work while on disability ? Since I just ended 12 months of disability that included many hospitalizations and treatments , I can tell you it works exactly the same as not being disabled . Disability insurance protects your income , health insurance protects your health . You can have both going on at once . Depending on your employment situation , how your health insurance is paid for may make a difference . Maybe your employer continues to pick it up , maybe it 's covered under workman 's comp , maybe you pay your own premiums . . the main thing is health insurance does n't go away if you 're collecting disability insurance . "}
{"input": "How Does Health Insurance Work While On Disability? ", "output": "Health insurance during a period of disability is an important , but confusing topic with many outcomes depending upon where the policy is sourced . If the policy was purchased as an individual than nothing changes . You must continue making premium payments as before . If the policy was purchased through work the answer depends upon whether you are subject to FMLA protections . FMLA stipulates that your health benefits continue on the same basis as when working . You will need to continue making premium payments , but wo n't have the advantage of pre-tax payroll deductions . If you are not subject to FMLA or once the twelve weeks are exhausted you could be eligible for COBRA extension . These premiums are often much higher because the employer contribution is lost . You could also purchase a policy through your state insurance exchange as a change in health plan qualifies as a life event . "}
{"input": "What Are Medicare B Excess Charges? ", "output": "Medicare excess charges are the difference between what your provider charges and what Medicare pays . This could occur if you go to a doctor that does not accept the Medicare assigned reimbursement amount . Example : You go to a doctor who performs a test for which Medicare pays $ 200 but the Dr charges $ 300 . The excess charge would be $ 100 . However , you can purchase a Medicare Supplement plan which will pay the excess charges . "}
{"input": "What Are Medicare B Excess Charges? ", "output": "The Part B Excess Charge is the amount above what Medicare approves for a procedure or office visit . Providers can bill you for excess charges if they do not accept Medicare Assignment . Because the doctor does not accept Medicare Assignment , he or she is able to charge an additional amountthis is the Part B Excess Charge . The doctor , however , is limited to charging 15 % over the Medicare approved amount . To avoid excess charges it is important to understand Medicare Assignment . This term refers to providers who WILL accept full payment by Medicare . If a doctor does not accept Medicare Assignment , he or she IS allowed to bill you for Part B Excess Charges . To find out if your doctor accepts Medicare Assignment you can always call their office or visit Medicare.gov and locate the physician information . If you do n't like the idea of paying Part B excess charges , you can consider purchasing a Medicare Supplement plan to cover that expense . In 2014 , there are two plans -LRB- F , G -RRB- that have that benefit . Thank you for reading my reply . Please let me know if I can be of further assistance . "}
{"input": "What Are Medicare B Excess Charges? ", "output": "Medicare Part B excess charges happen when you use a medical provider that does not accept Medicare assignment . Almost all providers will accept assignment because they want to get paid quickly and paid by Medicare . If you use a provider that does not accept assignment they are allowed to bill an amount over and above the Medicare allowance . That allowance is capped by Medicare . Some Medicare supplement plans will cover those excess charges . "}
{"input": "How Much Term Life Insurance Should You Have? ", "output": "There 's no exact figure on how much coverage someone should have and we all have our own needs and cost tolerance . A good way to figure out how much coverage you should have is by totalling up the debts and other expenses you want to have paid off in the event you passed away suddenly -LRB- e.g. mortgage , cars , kids college expenses , credit cards , other loans , etc. -RRB- . Then determine the amount of income needed for your spouse and kids if you died - this is generally around 70 % of current income amount - and multiply that by the number of years you want to make sure they 're taken care of at that level -LRB- e.g. 5 years , 7 years , 10 years , etc. -RRB- . If you have investment income or other sources of savings , the total amount of coverage needed may vary . This is a good starting point and should help you create an approximated figure of how much coverage you should have in place . The number of years of coverage depends on the need -LRB- some may be 15 years , some 20 , some 30 , etc. -RRB- . You should consult with an independent life insurance broker who can work with you on a personal level to determine how much coverage you should have to meet your goals and create a suitable structure for your budget . In many cases , you will likely need a larger amount of coverage for the next few years and less coverage down the line . For example , you can structure your coverage to have $ 1,000,000 of coverage for the next 20 years and have it drop down to $ 500,000 for years 21-30 . If you need coverage for more than 30 years -LRB- most do -RRB- , you should consider supplementing the term insurance coverage with a permanent insurance policy -LRB- universal life or whole life -RRB- . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much . "}
{"input": "Can A Physical Therapist Opt Out Of Medicare? ", "output": "Physical therapists can participate in Medicare and accept assignment or not . If they accept patients that are covered under Medicare they must also adhere to Medicare fee schedules and guidelines for submitting and documenting claims . Therapists that accept assignment file your claim with Medicare and are paid by Medicare . Those that do not accept assignment still are required to file your claim but Medicare pays you , not the therapist . "}
{"input": "Is Employee Life Insurance Deductible? ", "output": "Yes you can deduct premiums for life insurance premiums paid on a group life insurance plan that you offer your employees . You can deduct premiums that pay for up to $ 50,000 in death benefit to your employee . If you have employees to whom you offer more than $ 50,000 in death benefit , you can continue to deduct the premium , but the employee will need to recognize the cost of insurance above $ 50,000 as income -LRB- this is referred to as imputed income -RRB- . If the employee does not do this , than any death benefit above $ 50,000 would be taxable as income to the beneficiary . "}
{"input": "How Do I Find Out Who My Homeowners Insurance Is With? ", "output": "You can find out who your homeowner 's insurance is with by looking at the declarations page which will list your coverage , mortgage company and the insurer . If you ca n't find the declaration 's page , contact your mortgage company since they will likely have a record of it . If that fails , start calling different insurers ! "}
{"input": "Does Whole Life Insurance Make Sense? ", "output": "There can be a place for Whole Life . Withpeople who are well-off , itcan be a convenient option to insure a business partner or loan , bequeath a charity , pay estate taxes , or leave a legacy to heirs . These folks already have substantial other investments . But that is not most people . the typical profile of a term life insurance owner is someone who is a family breadwinner and has minimal savings . It is critical protection . If you are in this category and are n't insured , get insurednow ! It is simple and inexpensive . To prepare you to speak with an agent and to save money , get some life insurance quotes so that you can compare rates . QualityTermLife 's website offer at current rates from over 50 top insurance companies . "}
{"input": "Does Whole Life Insurance Make Sense? ", "output": "Whole life insurance is a great vehicle for planning for the future . The premiums and death benefit remain fixed and guaranteed for life while the policy can build cash value at a great rate - this structure is known as a non-participating whole life policy . The other type is called participating whole life policy . These policies can pay out dividends which can be used in several ways : 1 -RRB- Decrease the premium - the premium would eventually hit $ 0 at some point and the policy would , in essence , be self-sustaining meaning the dividend is equal to or greater than the premium for the program -LRB- if greater , the difference can be used to increase the cash value or increase the death benefit -RRB- 2 -RRB- Purchasing paid-up additions - these additions increase the face amount of the policy 3 -RRB- Increase the cash value at a faster rate The question of whether whole life insurance makes sense for you depends on the need for the coverage . If you want to use it in the form of a retirement vehicle , you would want to take out the policy when you 're young to give it time to grow . If you are buying purely for the death benefit , I recommend you look at purchasing a Guaranteed Universal Life policy -LRB- these policies maximize the death benefit and minimize the premium as they do n't focus on the build-up of cash value -RRB- . If you only need the coverage for a set amount of time -LRB- e.g. 20 years -RRB- , then you may want to look into term life insurance . While whole life has many advantages , it is also the most expensive form of life insurance . Consult with an independent insurance broker to find out which program is appropriate for you - brokers can also look at a variety of options from multiple carriers rather than just one . Send me a private message on here if you 'd like assistance with your program -LRB- you can also visit my website - a link is on my profile page -RRB- . "}
{"input": "Does Whole Life Insurance Make Sense? ", "output": "Whole Life Insurance covers the person for life . The premiums remain constant . If you love someone and anticipate that love will have permanent obligations , then whole life insurance is the cheapest life insurance you can buy . The reason is simple . It will pay the death claim . When you anticipate short term obligations , such as a mortgage or loan , term insurance makes perfectly good sense . Whole life is designed for those obligations that will not go away . "}
{"input": "What Is A Paid Up Life Insurance Policy? ", "output": "A paid up life insurance policy is one for which no more premiums must be paid . If death were to occur , the death benefit would be paid to the beneficiary named in the policy , even though premiums had not been paid since being notified of the policy being a paid up policy . "}
{"input": "What Is A Paid Up Life Insurance Policy? ", "output": "A paid up life insurance policy is exactly what it sounds like - it is a policy that is all paid for . Therefore , no more premiums are due while the policy remains in force and the death benefit will be paid upon the death of the insured . These usually are an option when someone stops paying on a whole life policy before age 100 . The premiums that the insured has paid up to that point are used to purchase a `` paid in full '' policy , of course with a lower death benefit than the original policy was offering . For more information connect with me at : www.PaInsuranceMadeEasy.com "}
{"input": "What Is A Paid Up Life Insurance Policy? ", "output": "Paid up in life insurance mean no premiums required to keep the death benefit in force . So when you see something referred to as paid up life insurance , it means that the death benefit requires no more premiums to remain in place , and will never require premiums in the future to keep the death benefit in place . "}
{"input": "Will Medicare Pay For Blood Tests? ", "output": "Medicare Part A will cover blood tests done as an inpatient in a hospital or skilled nursing or rehab facility , and Part B will cover blood tests done as an outpatient in any setting , when the blood tests are ordered to diagnose or monitor a condition or disease . Medicare Part A and B does not ordinarily cover routine blood screening . However , some preventative screenings have recently been added to the blood tests that are covered under Medicare part B : diabetes screening for those who are high risk for diabetes , one blood test every 5 years to test cholesterol , HIV tests for those who are high risk or pregnant , and prostate cancer screening yearly . For specifics see this brochure : WEBSITELINK "}
{"input": "What Is The Right Car Insurance Coverage? ", "output": "The right car insurance will be wrong for one person and the best option for another person.Confused ? Sorry . Let 's try this : Everyone 's `` right '' coverage is different . The variables such as cost , coverage and policy benefits are going to be different for each person . An experienced broker can compare all of the options and show you what is the `` right '' plan for you . That is ... what policy costs the least , but offers the best benefits . "}
{"input": "How Long Should I Have Life Insurance? ", "output": "How long you should have life insurance depends on the purpose you want your coverage to serve . If you want life insurance to pay for you funeral or memorial service expenses , then you really need to have a permanent policy . How awful it would be to pay into life insurance to age 80 and then have the policy end . If you have life insurance to pay for expenses that will cease to exist after a period of years , then you can get life insurance coverage that lasts that number of years . A great example of this is 30 year Term Life Insurance to cover a 30 year mortgage . If you want life insurance to provide income during retirement , you could buy Indexed Universal Life that you pay into until retirement age , then draw on without paying any more premiums the rest of your life . Many people purchase different lengths of policies to accomplish different needs . If that is too much for your budget , just buy what you can afford . Something is always better than nothing . "}
{"input": "How Can I Lower My Auto Insurance Premium? ", "output": "Lowering your auto insurance premium is the easiest when you have an experienced broker working with you . We shop the top-rated companies so our customers can save the most money . Specifically , in addition to comparing rates , increasing deductibles and taking advantage of all available discounts is a great start to cutting your car insurance costs . "}
{"input": "How Can I Lower My Auto Insurance Premium? ", "output": "You can possibly lower your auto insurance premiums by changing your deductibles for your collision and other than collision -LRB- comprehensive -RRB- coverages . If you do not already have your renters/homeowners coverage with the same carrier as your auto insurance you could look into changing carriers to your auto insurance carrier and possibly receive a multi-policy discount . Or as a last resort you could possibly lower your coverage amounts . "}
{"input": "Who Does The Spendthrift Clause In A Life Insurance Policy Protect? ", "output": "A spendthrift clause in some life insurance policies is intended to protect the beneficiary of the policy proceeds from creditors by paying the policy proceeds as periodic income rather than in a lump sum . Some policies allow the policy owner to select this settlement option for the beneficiary . Otherwise , the beneficiary selects this . The payout could be arranged as a fixed payment for as long as the money lasts or for a fixed period of time . The proceeds are then usually protected from creditors . Creditor protection via life insurance varies by state and may provide only limited protection . Contact your legal adviser for more on how this might apply in your situation . "}
{"input": "Why Do I Have To Pay For Medicare? ", "output": "Because the government says so . I am sure it seems illogical , that you pay Medicare taxes over your working lifetime and then when you turn 65 you have to pay again . Medicare Part A is `` free '' for most beneficiaries , but since B is optional it seems fair you should pay something . "}
{"input": "How Much Long Term Care Insurance Should I Have? ", "output": "How much Long Term Care Insurance you need will depend on several factors including the cost of care in your area . A good independent agent will show you what the average cost is in your area for home healthcare , assisted living and a nursing home . You may need one or all of these at some point in your life . You can then base coverage off of those figures . It is also important to have a Long Term care plan that will factor in for inflation down the road . "}
{"input": "What Are CD Annuities? ", "output": "There may be a deferring definition for CD annuities , but they 're generally a guaranteed fixed rate tax deferred annuity . Of course interest rates can change , but currently a taxable bank CD five year rate is around 2 % and a tax deferred fixed interest rate or CD annuity is paying around 3 % . "}
{"input": "What Are CD Annuities? ", "output": "Most people consider it to be a Fixed Annuity that has a level guaranteed interest rate over the entire surrender charge period . Some Fixed Annuities have a guaranteed rate for part of the surrender period , and then switch to what they call a `` current '' rate . The `` Current Rate '' can vary with market conditions . Most Annuities that are considered `` cd type '' Annuities , have a guaranteed rate during the surrender period . Then it switches to the current rate once there are no more surrender charges . But at this time , if the owner does not like the current rate , they are free to switch to a different product with no surrender charges/fees . "}
{"input": "Is Whole Life Insurance A Tax Shelter? ", "output": "That is an excellent question ! There are definitely ways that your life insurance can be used as a hedge against taxes . You will pay a lot more up front , but with careful planning , you can reap some sizable tax advantages . For example : With careful planning , the value of the death benefit can be excluded from estate taxes ; by paying larger premiums into a policy like a UL , or indexed UL , you can create a very large cash value that can be withdrawn tax free as an income until it is used up ; and in cash value policies , even if you withdraw more than the premiums you 've paid in , the amount is considered a loan , and again is tax free . There are dangers in doing these things , so you want to consult a good agent or tax advisor first , okay ? please contact me if you need help , and thanks for asking ! "}
{"input": "Is Whole Life Insurance A Tax Shelter? ", "output": "Tax shelter implies that once that value is removed from the shelter it could trigger is a taxable event . That is is case with a whole life while you are living , however , the total death benefit of a whole life policy is tax free . Remember , the primary purpose of life insurance is to provide tax free cash at death . Whole life does offer tax advantaged growth . In Canada , for example a whole life policy 's cash value is exempt from accrual taxation within certain limits . Considering the tax free growth of the cash value , whole life or Universal Life for that matter , might be considered tax shelters , but it they are better thought of as having tax advantaged grow . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Is Esurance Car Insurance Any Good? ", "output": "I have been an agent and a manager of agents since 1972 . I have worked as a captive career agent and have managed captive career agents and I have owned several independent insurance agencies , been an independent claims adjustor . Have seen just about any claim you would think of from kid falling of a tractor , to an idiiot getting mad and raming other vehicles , all types of animals damaging property , people burning the cars , homes , rv , atv and stealing of every thing possible , intentional shooting of people , etc , etc. . Not once did I see or encounter a bad company . Seen a lot of employees who were crooks or jerks or idiots with god complex . State Farm had employees that were cheating their medical claimants in California But they were caught and the company paid dearly . Not read or heard one back thing about Esurance , however , I sure do recommend a local agent to be their on your side "}
{"input": "How Do I Handle A Retirement Shortfall? ", "output": "You are not unique . Studies show that less than twenty percent of those without an active plan for retirement feel confident about retiring . Here are four strategies that you can pursue if you are unsure that you can retire on the income you will receive when you retire . The first strategy is to increase your savings for retirement now . As people approach retirement they frequently lose responsibility for children , their mortgage may become paid-off and their disposable income might climb . Seizing this opportunity to increase saving for retirement is crucial . If your employer matches what you put into a retirement or savings program try to make a matching contribution to the company plan . Be careful about putting excessive money into the company plan as the investments contained in the portfolio might now reflect your risk tolerance and you could become quite worried over them . Maximum contributions increase on certain retirement savings programs and you should explore the opportunity that could afford to you . Make sure your retirements savings are coordinated . A retirement income expert could be very helpful in this regard . There are severe penalties if you inadvertently overfund a pension or retirement savings plan . If you are saving all you legally can for retirement you should then focus on reducing debt . The less debt that you carry into retirement the higher your satisfaction will be . At a minimum eliminate any credit card debt and installment purchase debt . Discuss with your accountant the wisdom of reducing or eliminating a mortgage . The second strategy would be to get better performance from your investments . This can be a reason to sit down with someone who specializes in retirement portfolios . You could have investments that have underperformed for a while and have little prospects of rebounding . This might be the time to adjust your assets so that you are better able to reach your retirement goals . The third strategy is often overlooked and yet it is the most obvious . You might be able to work longer . Forty percent of retirees start retirement because of some unforeseen event and at a date that they had not selected . The illness of parents , spouse or children can often force an early retirement . As you approach retirement make an inventory of your marketable skills and interests . Focus your attention on what you want to do and develop the expertise to move into that area whenever retirement starts . If this means staying at your current employer that can be negotiated most of the time . Some people negotiate for reduced hours , or returning to the exact same job as a consultant . If you like your work and you like those you work with , dont think that you must quit because you have reached some arbitrary age . Working longer is the quickest way to enhance your retirement income . My brother could probably work into his 90s because he was a programmer over fifty years and knows some proprietary computer languages that are still being used , but few people can program them . The fourth strategy is to decide to live on less . If this is going to be your strategy , start reducing your standard of living now . Waiting until the day you retire to downsize can bring more trauma than you want . You can live on less now , save the difference . Then when you retire you can keep marching along . This can include moving to a smaller , less difficult to manage single story home . This could mean resuming cooking rather than eating in restaurants . It usually will include reducing the number of cars . For some this will mean establishing a joint residence with a child . While this can be done , planning is essential . Your childs idea might be putting you in the middle bedroom and that might not be desirable . These are practical strategies that anyone can follow to increase the likelihood that your assets will not be exhausted in your retirement and that you can enjoy your retirement . Planning is really the key to having a successful retirement . "}
{"input": "How Do I Handle A Retirement Shortfall? ", "output": "Boy is that the million dollar question of the day ! There are a whole lot of folks asking that same question ... Without knowing your financial status or how near/far into retirement that you are , I can not give you a specific plan of attack , but there are some things that you can start doing immediately that will help . The first is downsize . Move to a smaller house , or less expensive area . Sell off the extra car , unneeded belongings , anything that is no longer really close to your heart , and can generate some cash . Do the same thing with your debt . Tighten the belt and pay off every high interest credit card or loan that you have . Save that interest you 'd be paying for food and electricity . Take the money that you 've found , and invest it in an investment vehicle that will provide you with an income . The second is prioritize . What are you doing that you really could be doing without ? Are you eating out 12 times a week ? Is that more important than saving for your retirement ? Things like lottery tickets , entertainment , take a second and ask yourself if they 're worth the cost . I certainly am not telling you to stop enjoying life , but I 'd ask you to consider if there is a cheaper way to do so -LRB- And lottery tickets I will tell you to stop . You lose far more money than you will ever win -RRB- . The third is to re-evaluate your current savings plan . Can you re-allocate your investments ? Do you have any annuitized investments that you can be assured to not outlive ? Can you shuffle investments that may have under-performed into better ones ? Lastly , are there ways to increase your income ? Can one of you put off taking SSI benefits , -LRB- The longer that you delay the start of the payments , the larger those lifetime payments will be -RRB- , work longer , or use a hobby to generate an income ? If you like gardening , for example , can you grow vegetables to sell , or flowers to arrange for sale ? Using something that you love to do anyway as a secondary source of income is as emotionally rewarding as it is financially rewarding . I hope that there was something in my answer that will help you , have faith . Matthew tells us that God provides for our daily needs , and if you can honestly say that He has done so so far , it 's a safe bet He will continue to . Thanks for asking ! "}
{"input": "Who Should I Buy Life Insurance From? ", "output": "I have given a lot of thought to this question . As you know , I sell life insurance professionally . It is a very competitive marketplace , and consumers have many options . You can go to independent brokers . You can go to captive agents . You can go to P&C brokers , group benefits consultants , financial planners . You can go to bankers , accountants , stockbrokers , and virtually every other financial professional who cross-sells . You can go on-line . You can go to some companies directly . I have staked my ground as a self-employed , independent , life insurance specialist . I think this model equips me to give not just good service , but outstanding service to my clients . I will tell you why . You can not be a jack of all trades and master of none . Life insurance is not an add - on commodity . It happens to be the most complex and extensively underwritten financial product in the marketplace . In some cases , you can go through more hoops buying life insurance than if you were buying a business . A life insurance broker needs to be a master of the underwriting process . He has to guide people through those hoops to get the most desirable results . Therefore he has to specialize in this product , and this product only . Financial representatives who have become expert in another niche simply can not master a second one . How many master builders out there are also master electricians and master plumbers ? The broker also has to be independent . Its not just a question of having access to multiple companies because different companies will be competitive for different insurance . Its also a question of having access to different distributors . Different general agents will have leverage with different underwriters in different companies . You cant just affiliate with one wholesaler and expect them to get the job done right for everyone of your clients . You need to spread your business around . Treating your sales practice like a business is also key . You are not just a salesman , and you are not just an expert . You are a businessman who can not survive without clients . You do not get paid until they are happy with the policy they bought . You need to have an attitude of keeping the customer satisfied . And that starts with making integrity the core of your business model . Every quote given should be both competitive and reliable . People should know what theyre getting before they sign on the dotted line . They should expect to get approved at the rate quoted . This is a normal expectation every consumer has . Whether you aree buying a toaster , a car , or an entire corporation , the product must be delivered at the agreed-upon price . This means that the life insurance salesman must make a commitment and an investment in every client taken on . He will have to negotiate and advocate on behalf of the client to make sure that all parties involved in the prequalification and underwriting processes perform with integrity . This way you as the consumer will be a happy camper when you do business with that broker . And that is the bottom line . "}
{"input": "Who Should I Buy Life Insurance From? ", "output": "All the points above are great ... let me make mine short & sweet since I 'm late to the game here . 1 . Underwriting ... We work with 50 + carriers . Why ? Great question . Even 5 pounds can make a difference . Plus , family history , hobbies , occupation , & much more . We have a survey with over 80 questions that we use to `` Match Make '' between you & the carrier . That is NOT to toot our horn ... it 's to say that we dont miss any factor that could impact the health tier you receive . *** If your agent isnt asking A LOT 2 . GET MORE for your money There are several types of life insurance so not to debate the types here I want to pick on the very commonly bought , Term Life . Only about 3 % of term life policies ever pay out . THREE !! Everyone should own life insurance in case they are one of the 3 % . However , guys have a 50/50 chance of getting cancer ladies , its 1 in 3 . There is a new generation of life insurance that will pay a benefit and you DONT have to die Look into it . - gravy "}
{"input": "Who Should I Buy Life Insurance From? ", "output": "You should be life insurance from an agency that offers a selection , has knowledge of health and products so they can match you with the best one for your health , and does their business in a respectful and ethical manner . Life insurance rates are set , but the health rating you get will affect your rates , and the expertise and customer service of your agent can affect the rating you end up with . Starting out with someone who appears to know what they are doing can save you lots of time , money and frustration . "}
{"input": "Who Should I Buy Life Insurance From? ", "output": "You should buy life insurance from a life insurance agent that you trust . If you dont know such agents get a recommendation from your friends , colleagues or neighbors . That good agent will take the time to listen to you , offer sound financial advice and communicate clearly with you and the insurance company . "}
{"input": "Who Should I Buy Life Insurance From? ", "output": "You should purchase life insurance from an independent agent who has access to the majority of life insurance companies . Its important to review a brokerage spreadsheet to give you some solace that youre reviewing the best quotes available in the market . There are also online distributors of life insurance that offer a huge selection of companies . "}
{"input": "Is Liposuction Covered By Health Insurance? ", "output": "Liposuction is typically completed as an elective procedure and not medically necessary - therefore the procedure would not be covered by a health insurance plan . It 's always helpful to contact the carrier to find out if a specific service would be covered or not if you 're not sure . They would be able to give a definitive answer to your specific situation . Please feel free to contact me for further assistance or if you have other questions . Thanks very much . "}
{"input": "Is Medigap The Same As Medicare Supplement? ", "output": "Yes . Medigap is simply another name for Medicare supplement . They are the same plans - there are no differences between them . I hope the information is helpful - please feel free to contact me for help , including quotes and plan comparisons , and if you have any questions . Thanks very much . "}
{"input": "Is Medigap The Same As Medicare Supplement? ", "output": "Medigap Insurance is for the gaps of coverage in Medicare Part A and Part B . You buy a Medicare Supplement or Medigap Insurance for this purpose . Medigap Insurance is a Medicare Supplement . These policies come in different levels that are determined by theGovernment . Each policy with the Letter corresponding to it is the same amount of coverage of the Medigap in MedicarePart Aand Part B. "}
{"input": "What Is The Role Of The Investment Advisor In A Mutual Fund? ", "output": "That is a great question ! The role of the adviser is supposed to be as a guide to helping you select the best funds for your desired goals in your portfolio . They are to work with you in selecting funds that are a fit for your goals in risk allowance , growth potential , and fee structures . They are supposed to be experts in identifying well performing funds , trends , and emerging investments . Many of them are very good , and have clients that are well prepared for retirement . There are many of them that are paid by their brokerage house for the specific funds they want sold , and for the commissions and profits earned for the brokerage . Their focus may not then be so much on your needs as it is theirs , and that 's been the industry rub . The high fees hidden in the fund structure has led to an increasing number of investors switching to indexed funds -LRB- like Vanguard -RRB- or moving away from the brokerage houses and purchasing their leading stock investments themselves , and eliminating the fees and middlemen . Nobody likes to see that the person who is supposed to be making you money is making more off you than you are making . If you choose to invest in a mutual fund that has an adviser , please be sure to meet with them face to face . Interview them before investing . Ask about how they are paid , what the fees are for the fund , and real life performance on the fund , not projections . Ask how often the stocks within the portfolio are exchanged -LRB- anything close to 100 % is risky for you - they make money for the brokerage on the exchanges , increasing fundholders ' expense -RRB- . Shop for your mutual fund very wisely , before investing a penny . For all the touted returns , according to a recent DALBAR report , the average equities investor has only realized a 4.4 % return -LRB- for a 20 year study concluded in 2007 -RRB- , under-performing the S&P by more than 7 % , and after inflation , returning only 1.44 % . Do your homework , and look carefully before investing , okay ? Please do as we do - if the interview leaves you with more questions than answers , if you had a bad feeling about it , or if you felt that the adviser was elusive in their answers , thank them for their time , and move on . Again , like in any business , some are good , some not so much ; but it 's your future and your money , not theirs , so treat it accordingly . Please feel free to contact me if you have any specific questions , okay ? Thank you for asking ! "}
{"input": "Much Does Life Insurance Cost A 40 Year Old? ", "output": "To see what life insurance costs for a 40 year old male or female , with different builds and health conditions , you should talk to an insurance professional who asks questions so he/she can quote you correctly . To get a general idea of what different face amount and policy terms would cost for a 40 year old , you can use a free , instant quote engine provided on some life insurance websites . However , that quote could be way off base when risk factors and health conditions are involved . It is always best to talk to someone in addition to getting your quote online . "}
{"input": "Much Does Life Insurance Cost A 40 Year Old? ", "output": "It depends on how much you need and for how long you need it . Term life insurance can cover a temporary need and is very affordable . For example , if you need coverage for 30 years , and are in excellent health , it may be possible to obtain $ 500,000 coverage for a level premium for that duration that amounts to a little more than $ 2 per day . For lifetime coverage that you can not outlive , you would need to consider permanent -LRB- cash value -RRB- life insurance coverage and the cost for that is higher . You should meet with a life insurance professional who can assist you . "}
{"input": "Much Does Life Insurance Cost A 40 Year Old? ", "output": "For a 40 year old nonsmoking male 10 year term life insurance for $ 100,000 of coverage from a few leading life insurance companies is : super preferred is $ 93 , preferred plus & preferred is $ 107 , standard plus is $ 123 , standard is $ 139 . Permanent guaranteed universal life for the same scenarios above is : super preferred is $ 198 , preferred plus & preferred is $ 224 , standard plus is $ 260 . "}
{"input": "How Does Permanent Life Insurance Work? ", "output": "The permanent policy is designed to last a lifetime . Whole life policies not only last a lifetime but they are sustained by a level premium . Other permanent plans can have a flexible premium but they do not usually guarantee to last a lifetime . Actuaries compute what amount of money will need to be collected each year to pay deaths claims within the insured group in each year in the future . To maintain a level premium they will charge more in the early years than the cost of the pure insurance . This money , and the interest earned on the money combine to form the cash value of the whole life insurance policy . The cash value offsets the face amount of the policy reducing the need for pure insurance . At the time of death the beneficiary receives the face amount . "}
{"input": "How Does Permanent Life Insurance Work? ", "output": "There are really only 2 types of life insurance ; permanent insurance which means it can last the rest of the insured 's life and will typically not call for an increase in premium . Then there is term insurance which only last for a set term and then disappears . Many permanent policies are the only policies you can purchase that offer cash value build up within the policy . "}
{"input": "Does Cvs Accept Medicare For Flu Shots? ", "output": "Flu shots administered by CVS are typically covered by Medicare Part B as long as the person receiving the flu shot has not assigned his/her health benefits to an HMO -LRB- Health Maintenance Organization -RRB- . CVS is an approved Medicare provider of flu shots and the shot can be given right at the pharmacy location . "}
{"input": "How Much Am I Worth In Life Insurance? ", "output": "Every one has a human life value . A rule of thumb is this is projected income over your lifetime . For example a person making $ 100,000 a year over 30 years would earn $ 3,000,000 . Add in an inflation factor and you would have the Human Life Value . There are other ways to figure this but I am trying to keep it simple . What percentage of this you cover with life insurance is an individual decision . "}
{"input": "How Long Can Children Stay On Parents Health Insurance In Pennsylvania? ", "output": "Because of recent law changes by President Obama , children may stay on their parent 's health insurance policy up to age 26 . This is true throughout all 50 states . Children dependents , up to age 26 , may stay on their parent 's policy even if they are married , attending school , not financially dependent upon their parents , not living with their parents or even if they are offered their own insurance through employment . Special needs children can be covered under their parent 's plan past age 26 . "}
{"input": "Will Life Insurance Cover Medical Bills? ", "output": "Life insurance will cover medical bills or whatever bills that the BENEFICIARY uses the proceeds to cover . Unless the life insurance policy has `` living benefits '' or a rider specified for certain expenses incurred while still alive , the policy does not pay out anything until the death of the insured person . "}
{"input": "When Does My Health Insurance End When I Quit My Job? ", "output": "It depends on the company you work for . Some companies will cover you for the remainder of the month , some you insurance ends right away . Your company is required to provide you with a certificate of creditable coverage and offer COBRA which will allow you to continue coverage for a period of time on a self pay basis . "}
{"input": "What To Look For When Shopping For Homeowners Insurance? ", "output": "There are a number of features I look for in home insurance coverage but my main objective is to have a balanced insurance program . Usually homeowners also own vehicles , have some form of health insurance , life insurance and even disability insurance . Home insurance should be consistent with other coverage you purchase . And it is not a bad idea to combine coverage with the same insurer whenever possible . Its better to deal with someone you already know if you trust them than a stranger simply trying to sell you something . I like to see all-risk * coverage on your home and your personal property . Most policies provide only limited coverage on personal property . I like insuring agreements that say , Any accidental direct damage is covered unless specifically excluded or limited . An insurance policy is easier to understand if you know what you are not covered for . Perils like flood , wind , earthquake and sinkholes may deserve special consideration in certain areas . Id also watch for limitations on certain property like jewelry and silver . I like to see guaranteed replacement cost coverage on the structure and replacement cost on personal property . Deductibles and liability limits should be consistent with those you purchase on your cars . "}
{"input": "What To Look For When Shopping For Homeowners Insurance? ", "output": "1 -RRB- Ensure the house if insured to value . Value is the `` replacement cost '' of rebuilding the house after a loss . Is based on construction type and additions and square footage . 2 -RRB- Personal Liability limit should not be less that the replacement coast of the property . If your house is insured for $ 250,000 do n't carry just $ 100,000 , insist that the liability be at least $ 300,000 , or $ 500,000 if offered by carrier 3 -RRB- In older homes get increased Law and Ordinance coverage , as well as Water-Sewer back-up coverage 4 -RRB- If you can afford itsincreased cost , get `` replacement cost '' on your contents as opposed to Actual cash value -LRB- ACV -RRB- 5 -RRB- Try to get as much Loss of Use as you can . Loss of Use pays a HO if they ca n't live in the house , typically due to fire and wind damage in Florida . It pays the increased cost you will have in hotels or a rental place , new clothing , eating out and other expenses . 6 -RRB- Find out about any animal exclusions the policy may have if you have a dog 7 -RRB- Find financial situation of the insurance carrier . "}
{"input": "What Is The Best Life Insurance Term Or Whole? ", "output": "Whether to buy Term , Whole or another kind of life insurance depends on your need and desire for your life insurance coverage . If you are a person who has a hard time saving money , getting Whole Life insurance can serve the dual purpose of protecting your family in case of death but also generating a cash value to borrow from for emergencies or life events such as college or marriage . If you have a temporary need , such as wanting to be able to pay off a mortgage in the event of your death , Term Life Insurance costs less per thousand . It does not accumulate cash value and will expire at the end of the term . Universal Life or Indexed Universal Life is another choice . It can be guaranteed not to lapse for the rest of your life at a locked in premium , and is more adjustable than Whole Life . It can be made to generate very little cash value , so that it is affordable lifetime protection . Or it can be funded to have lots of cash value that can be borrowed from tax deferred for retirement income . A good life insurance agent will discuss your financial situation , your goals , and your options with you , and help you arrive at what is best for you . "}
{"input": "What Is The Best Life Insurance Term Or Whole? ", "output": "Life insurance is an indemnification product to coverage the financial liabilities and future obligations of the beneficiaries of the policys insured . If the financial liabilities and future obligations are temporary and less than 30 years , purchase term life insurance . If the financial liabilities and future obligations are permanent and ongoing for life , then purchase permanent life insurance . But consider guaranteed universal life , which is generally cheaper than participating whole life insurance . "}
{"input": "What Is The Best Life Insurance Term Or Whole? ", "output": "They 're both great products , but one is not necessarily better than the other . What 's best for you may not be what 's best for someone else - it ultimately depends on the needs you are trying to meet with the coverage . For example , if you have a temporary debt you want to have covered such as a home mortgage , you may want to consider term insurance . If you 're buying coverage for the purposes of estate planning , you may want to consider permanent insurance -LRB- universal life or whole life insurance -RRB- . If cost was not an issue for you , having a permanent life insurance would provide the optimal route in the long term . However , most people have limits to the size payment they can make each month . An independent life insurance broker can work with you on a personal level and help you determine how much coverage would be needed to cover all of your goals and for how long you would need the coverage in force -LRB- often a combination of term and permanent coverage is purchased -RRB- . if the premium for meeting every goal is too high , you can determine which are the most vital that you want to meet and restructure the face amount and term length accordingly to lower the premium and keep it to an affordable amount . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much . "}
{"input": "What Is The Best Life Insurance Term Or Whole? ", "output": "They are both the best . It 's kind of like asking which tire on your bicycle is best , unless you 're really good at doing wheelies you 'll need both to get where you want to go . To keep things simple , someday you are going to die . At a minimum there will be funeral expenses to pay , perhaps some unpaid bills and maybe you want to leave something behind for your loved ones . The hard part is our birth certificates do n't come with an expiration date on them so we never know exactly when the Grim Reaper is going to arrive . A wise person would have a paid up whole life insurance policy with a coverage amount that can address these basic issues . However , whole life insurance is more expensive than it 's cousin , term life insurance , and many people ca n't afford to cover all of their potential death exposure over the course of their entire lives with whole life insurance alone . At certain stages of our lives , generally our most productive years when people are starting their careers , marrying and having families , carrying home mortgages and car loans , needing to put the kids through college , etc. , if the person were to pass away during these stages of their life they need a much larger amount of life insurance to provide for all of the unmet needs they would leave behind . This is where term life insurance comes into the picture . You can buy a much larger amount of death benefit for a lower cost for a period of 10 , 20 or 30 years with term life insurance thus protecting your loved ones during the period when your loss would be most financially devastating . So , really , you need to have both types of life insurance and just get good advice as to what the appropriate amounts of each type of policy should be to maximize your protection over the expected course of your entire life . "}
{"input": "Who Can Be The Owner Of A Life Insurance Policy? ", "output": "The most common owner of a life insurance policy is the person whose life is being insured . However , another person who has an insurable interest in the life of the Insured can be an owner of the policy . Also , a trust can own the policy . Whoever owns the policy has the right to change beneficiaries or make changes to the policy . "}
{"input": "What Does Covered By A Retirement Plan At Work Mean? ", "output": "Employers can establish a retirement plan for employees of their businesses . The plan must meet legal requirements including being published . A covered employee is one who can participate in the plan . Any money that you contribute to the plan is always available to you . A vested employee is one who has an interest in the money contributed by the employer . "}
{"input": "Does Car Insurance Improve Credit? ", "output": "Insurance carriers to the best of my knowledge and based on my experience do not report any payment history information to credit agencies . Making your payments as scheduled will more than likely not provide for any improvement to your credit score but not paying your premiums on time -LRB- if you have not cancelled coverage with that carrier -RRB- could potentially have your account turned over to a collection agency which could affect your credit score . "}
{"input": "How To By Life Insurance? ", "output": "Some steps to buying life insurance are : 1 -RRB- Find the agency you want to use . Peruse the internet or Yellow Pages , or get referrals from others . Find an agency that carriers lots of choices , and offers service and companies that you can trust . 2 -RRB- Figure out what type of policy best suits your needs . Your agent can help with that . 3 -RRB- Fill out an application and submit it . 4 -RRB- If you are purchasing No Exam insurance , that is all that needs to be done . If you are applying for a medically underwritten policy , you will then need to take a free insurance exam in your home or place of your choice . 5 -RRB- Wait for approval . Hopefully , you will be working with an agency that lets you know if you can help in other ways -LRB- e.g. call your doctor 's office to ask them to provide your medical records more quickly , clarify something on your application , etc -RRB- . That extra bit of customer service can be the difference between approval and decline . 6 -RRB- Pay for your policy and treasure it for years to come . "}
{"input": "How To By Life Insurance? ", "output": "Im going to answer your question this way : Im going to describe for you the kind of person who buys life insurance and is really glad they did . They are happy with the policy they bought ; they are happy with the process they went through to get that policy ; and they are happy to tell all their friends and neighbors about how happy they are with the purchase :-RRB- . These are the qualities of a happy life insurance shopper : Quality number one : the happy life insurance shopper dares to care . Look , life insurance is not for you , right ? Its for your beneficiaries . And frankly , some people could care less about what happens after they die . I mean , to put it bluntly , they are dead , right ? Isnt that what it comes down to ? But for other people , the difference between being alive and being dead is not that great . I mean , you have spent a lifetime building something of value . Your marriage . Your family . Your business . Charitable causes worthy of your support . All these folks have become dependent on you . If you die , they could lose their economic foundation . But if you have insurance on your life , then they dont have to miss a dime . Life can go on in style for your spouse , your children , your business partners , your employees , and all the needy people that are being helped by the charities you support . If you care about these people , then life insurance can make sure life goes on for them , even when your life does not go on for you . Quality number two : the happy life insurance shopper understands that the time to buy is now . Everyone knows we all die sometime . For most of us , though , death is something that happens to someone else - until it strikes home . Maybe someone close to us gets really sick , or we ourselves have a brush with death that wakes us up . But up to that point , we just dont want to think about it . We also convince ourselves that if we stay in shape , eat right , manage our stress , and maintain a good attitude , we can forestall the inevitable . The fact of the matter is that if we really thought about it , there are a whole slew of hazards that are entirely beyond our control . Heres a few that come to mind : Freak household accidents . Violent crime . Natural disasters . Car crashes . Of course we all say that odds are against any of these happening to us . We even say to ourselves that we can afford to wait and buy a policy next year or the year after , so we can qualify for a better rate . But in the meantime , things can happen . And they do . All the time . Unexpectedly . If your time comes before you have a policy in force , then your beneficiaries lose out . You really cant afford to die until that coverage is in place . Quality number three : the happy life insurance shopper wants a guaranteed return on his or her money . OK . Now you know you need to get coverage in force as soon as possible because you never know when your time will come . The next logical question is : for how long do you keep the coverage in force ? Easy answer : for as long as you live . You know at some point you will have your last day on this earth , so that means you know for sure your beneficiary will get their money when your time comes ... ... as long as the policy is still in force . That means you need permanent coverage . The policy should last as long as you do . Doesnt permanent coverage cost more then term coverage ? Yes . Isnt term good for short-term needs ? Yes . Can you buy term and then purchase permanent when you can afford it ? Yes . Does it make sense to buy term now and then convert to a permanent product ? Yes . The thing is , if you dont take a long-term strategy , then you wont be guaranteed a payout . If you do take a long-term strategy , then you will . Guaranteed by a top-flight financial institution . Quality number four : the happy life insurance shopper knows what hes getting into . When you buy a house , do you expect to write a check for the purchase price agreed on ? Of course you do . Same when you buy a business , book a cruise , and buy a pair of shoes . We even demand that a grocery store clerk honors the price on the shelf if an item has been mislabeled . Life insurance should operate the same way . Hard to believe , isnt it ? All too often , a broker will submit an application on the hope and prayer that the applicant will be approved at the rate quoted . We wont know what the price really will be until you are approved . Yes , right , but if you go through full disclosure on a preliminary basis , you can become confident in what that price will be . The broker has to prequalify you and present carriers with thorough and accurate quote information upfront . They can then commit to a price , contingent upon information obtained in underwriting not contradicting the preliminary disclosures . You can then be sure of what you are buying . If you dont get prequalified , then you cant be sure . Simple as that . Quality number five : the happy life insurance shopper wants to be heard . There are a few companies out there who let consumers call them and buy policies . Thats nice for a tiny percentage of the zillions of men and women who need coverage . The rest of us need personalized service and a guide to walk us through the vast marketplace of potential carriers . Only one or two of them will be the best for us , and that broker has to lead the way to their doorstep . But life insurance distribution can be pretty rigid . The broker usually does not have direct access to the carriers . He or she must work through carrier general agencies who act as wholesalers of their products . So there is you , your broker , his or her general agent , and their carrier . I am sure you have played that telephone game where one person in the line passes down a message , and by the time it reaches the end , its completely different . Its the brokers job to make sure all information about you that is passed along the underwriting channels remains consistent and is fairly assessed . He or she is your advocate , and must be prepared to carry your cause over any and all hurdles that pop up in underwriting . And they do pop up . All the time . If you have been properly prequalified for coverage , then the bottom line is this : you should be approved at the rate quoted unless information arises in underwriting that is substantially different from the information that was disclosed on a preliminary basis . Your broker is your advocate to make sure that happens . In my humble opinion , this is how you buy life insurance . If you follow this path , you will be one happy camper :-RRB- "}
{"input": "Will Medicare Cover Life Alert? ", "output": "Medicare does not cover medical alert systems , even if you have a doctor 's note / prescription . Most insurance companies wo n't cover them either . Some states may have their own programs that will help provide financial assistance for medical alert systems - certain criteria may be required to be met before the financial assistance can be provided however . "}
{"input": "How Long Can You Drive A New Car Without Insurance? ", "output": "By law , you can not drive any vehicle , new or old without first having insurance . If you have current insurance on a vehicle and purchase a new car , then you are covered for a very short period of time , which you need to call your company with the new vehicle information . I would recommend calling your company the same day if not within 24 hours . This keeps it clean if you were to get into an accident there would be no question on coverage you have or do n't have . "}
{"input": "Can You Deduct Long Term Care Insurance Premiums On Taxes? ", "output": "There are rules by state for limited tax deductions and credits . Two long term care insurance companies have an excellent digest for each state and the rules of engagement . John Hancock and Genworth both leading long term care insurance companies , publish an in-depth look at the tax issues of long term care insurance . We distribute the John Hancock version . "}
{"input": "How Do You Succeed In Life Insurance Sales? ", "output": "While most of my career has been in online sales , Outlook Life has opened several storefronts , as well . I have found more success in online sales , but that may be because it suits my personality better . Most people make far better salespeople when meeting with their clients face to face . If you are considering online sales , here is an article I wrote about how to succeed in life insurance sales when operating from the internet . WEBSITELINK I will let the other outstanding agents on this website who run brick and mortar offices answer the question from that perspective . "}
{"input": "Who Offers The Best Term Life Insurance? ", "output": "You can get good Term life insurance from many companies . The things to watch out for is to make sure the premium is guaranteed not to go up for the entire term , that it pays 100 % from day one for death by any reason -LRB- except suicide in the first two years -RRB- , that it has the possibility to be converted in the future , and that the company is highly rated . "}
{"input": "Who Offers The Best Term Life Insurance? ", "output": "There 's no one company that offers the `` best '' term life insurance . The carrier that 's going to offer the best rates for you may not be the carrier the offers the best rates for someone else . This is because people may qualify for different risk classes , they may be looking to secure a different amount of coverage , keep the coverage for a different length of time , or may live in a different state -LRB- not every product from every carrier is available in every state -RRB- . All of these factors go into the calculation of rates . You 'll want to consult with an independent life insurance agent/broker who can compare multiple companies to see who will offer you the lowest rates for what program you 're looking to set up . "}
{"input": "Who Offers The Best Term Life Insurance? ", "output": "The company with the best term life policy is the one that covers you on the day you die . Regardless of what you have paid it will probably represent a fraction of the death benefit paid by the company . The trick is to have the term policy in force on the day that you die . The number of policies that terminate prior to death is staggering and shows that many people wanted to care of those that they loved ; however , they were unable to make it work . "}
{"input": "Who Offers The Best Term Life Insurance? ", "output": "There are many companies that offer good policies , to direct you to the one that best suits your need , I 'd need some more information - How much coverage would you like , for how long a term , and what 's your age , for starters . All insurance companies would need that much information to at least give you a quote.If you would like to contact me , I 'd be happy to give you some more details . Hope that helps ! "}
{"input": "Who Offers The Best Term Life Insurance? ", "output": "I DO ! ;-RRB- but the catch is you have to live in my state to buy it . There are many good term life companies and best for you may be different than someone else . Why ? Term companies target certain demographics with their underwriting and become very competitive for some people . What means is a company that offers you the best price for 250,000 in coverage , may be third at 500,000 and eight at one million . So it is very hard to state a specific company as you need to provide age , sex , health , smoking not smoking and face amount to find out . And if any of those things change , so does the answer . "}
{"input": "Who Offers The Best Term Life Insurance? ", "output": "Term life insurance is priced on the basis of your sex , health condition and smoking history . The non smoking , non rated health category for term life insurance alone has five underwriting sub categories : Superpreferred , preferred plus , preferred , standard plus and standard . The price difference between the first and fifth category could besignificantand even more so by company . So we spreadsheet term life insurance by the best price in each health category to determine the best deal for the consumer . "}
{"input": "Who Offers The Best Term Life Insurance? ", "output": "It is important to choose at least an A rated company and work with aknowledgeableadvisor to help you sort through the options . Price is a major concern , but price will be dictated by health issues , family history , motor vehicle report , etc. . Life insurance is not a one-size-fits-all product and the `` best '' company will be different for each individual . "}
{"input": "Does Medicare Part A Pay For Outpatient Surgery? ", "output": "Outpatient Surgery is covered under Medicare Part B. Part A covers Hospital stays . Part B covers outpatient costs such as outpatient surgery , doctor visits , outpatient lab and xrays . Under Part B you are responsible for 20 % of the Medicare approved amount . Some states allow a doctor to charge up to 15 % more than the Medicare approved amount that would also be your responsibility . "}
{"input": "Does Medicare Part A Pay For Outpatient Surgery? ", "output": "Medicare Part A is designed for inpatient hospital treatment only . Even though some outpatient surgery may be performed in a hospital setting , or hospital affiliated clinic , outpatient surgery is a covered item under Medicare Part B. Medicare part B has an annual deductible . In 2013 the Part B deductible is $ 147 . After you have satisfied your deductible Medicare pays 80 % of the approved amount and you are responsible for the remaining 20 % . If you use a provider that does not accept assignment , excess charges may apply . Some -LRB- but not all -RRB- Medicare supplement plans cover excess charges . "}
{"input": "Does Medicare Part A Pay For Outpatient Surgery? ", "output": "Outpatient surgery would be covered under Medicare Part B. Part A covers inpatient hospital stays and procedures . Please note , Part A & Part B only cover 80 % of the costs after the deductibles -LRB- Part A - $ 1,216 in 2014 ; Part B - $ 147 in 2014 -RRB- . You can purchase a Medigap plan to cover the deductibles and the other 20 % of your medical care . Please feel free to contact me with any other questions . Thanks very much . "}
{"input": "Can I Go On Medicare At Age 62? ", "output": "You can only go on Medicare at age 62 if : 1 -RRB- you have been receiving Social Security Disability Income -LRB- SSDI -RRB- benefits for two years , or 2 -RRB- if you have been diagnosed with End Stage Renal Disease -LRB- ESRD -RRB- and meet the other qualifying criteria , or 3 -RRB- you have been diagnosed with Amyotrophic Lateral Sclerosis -LRB- ALS -RRB- . Otherwise , you must wait until you are age 65 to go on Medicare . "}
{"input": "Which Medicare Is Free? ", "output": "In terms of Original Medicare , most people who are citizens or permanent residents of the United States can get premium free Medicare Part A -LRB- hospital insurance -RRB- at age 65 or older . At age 65 , you are eligible if : You receive or are eligible for Social Security benefits . You receive or are eligible to receive railroad retirement benefits . You or your spouse -LRB- living or deceased , including divorced spouses -RRB- worked long enough in a government job and paid Medicare taxes . You are the dependent parent of a fully insured deceased child . Before age 65 , you are eligible for free Medicare Part A -LRB- hospital insurance -RRB- if : Youve been entitled to receive Social Security disability benefits for 24 months . You receive a disability pension from the railroad retirement board and meet certain conditions . If you receive Social Security disability benefits because you have Lou Gehrigs disease . You worked long enough in a government job and paid Medicare taxes and you meet Social Security disability program requirements . You are the child or widow -LRB- er -RRB- age 50 or older . This includes a divorced widow -LRB- er -RRB- , of someone who has worked long enough in a government job where Medicare taxes were paid and you meet the Social Security disability program requirements . You receive maintenance dialysis or a kidney transplant because you have permanent kidney failure . You are eligible for or you already receive monthly benefits under Social Security or the railroad retirement system . You have met the required amount of time working in a Medicare covered government job . You are the child or spouse -LRB- also includes a divorced spouse -RRB- of a worker -LRB- living or deceased -RRB- who has worked long enough under Social Security or in a government -LRB- Medicare-covered -RRB- job . "}
{"input": "Can I Get Car Insurance Without Owning A Car? ", "output": "Talk to your Insurance Professional about your particular situation . It may be possible to obtain want is referred to as a `` named non-owner '' policy . These typoes of policies would provide Liability coverage for you in the event that you are driving a car you do n't own and cause an accident . These policies , however , do not typically provide any physical damage coverage -LRB- Comprehensive or Collision -RRB- for the car you are driving . "}
{"input": "Can I Get Car Insurance Without Owning A Car? ", "output": "YES , and if you regularly drive autos owned by others , including rental vehicles , you should purchase an auto policy . Since there wo n't be any need for physical damage coverage , your premiums should be extremely low . There are two important coverages provided by your own policy : 3rd party liability and uninsured/under-insured motorist coverage . Most of the time , the policy purchased by the owner of the auto you 've borrowed will be primary , but the owner may have selected the minimum amounts of coverage . It 's very possible for circumstances to result in losses that far exceed such minimal limits in which case having your own policy in place can save you from financial ruin . Having your own policy also protects you against the risk of inadvertently driving an auto on which the owner has allowed insurance to lapse ; in the event of an accident , you as the driver will be solely responsible for any damages and medical expenses that result - both to 3rd parties and to the owner of the car you were driving . "}
{"input": "Will Renters Insurance Cover Stolen Bike? ", "output": "A stolen bike is covered under a renter 's insurance policy . Theft of personal property is generally covered subject to the limits of your policy . There could be some exceptions so it is always a good idea to ask your agent about the specific theft and what coverage you have in force . "}
{"input": "What Does Disability Insurance Do For You? ", "output": "Disability insurance , also referred to as paycheck protection , pays a monthly benefit to the insured should he or she become disabled to an illness or injury . The monthly benefit is typically 60-65 % of one 's income . The average US worker only has 3 months worth of cash reserves , so disability insurance would help offset the costs brought on by a long-term disability . "}
{"input": "What Does Disability Insurance Do For You? ", "output": "Disability insurance is paycheck protection during times of prolonged illness or injury when you ca n't work . The benenfits of dsiability insurance can generate up to 60 % of your income tax free or 80 % of your income taxable , if your can legally deduct it as a business expense item . "}
{"input": "How Much Life Insurance Is Adequate? ", "output": "This varies for each person . A lot of variables go into the calculation of determining how much life insurance you need , how long you need it , and what is an appropriate amount to actually secure . A life insurance calculator can help with this . A few things to get you started when calculating out what you need and how long you need it for are : 1 -RRB- Do you have a mortgage ? If so , how much is left on it and how many more years do you have to go until it 's paid off ? 2 -RRB- Any final expenses you want paid off -LRB- e.g. burial expenses , credit card debt , medical bills -RRB- ? 3 -RRB- Education expenses for you or a family member you want to pay off -LRB- such as college tuition -RRB- 4 -RRB- Income replacement - this is a big one ! A question to think about here is how much income would be needed if you died today and how long would your family need it to maintain their current lifestyle . An insurance agent/broker can help you with this and make it a much smoother , easier process . One thing to also note , a lot of people think `` once i 'm retired , I wo n't need life insurance anymore so I can just buy term insurance and let it go when I retire '' - there are many many many reasons why you should have life insurance during your retirement years . For example , if you 're receiving a retirement pension and you die , the pension income may stop and not continue onto your spouse -LRB- if you chose the pension max option over the survivorship option when you started receiving benefits -RRB- - this can also apply to social security income . That 's just one scenario . "}
{"input": "What Are The Benefits Of Part B Medicare? ", "output": "Medicare Part B covers most of your outpatient care . Medicare Part B requires you to satisfy an annual deductible -LRB- $ 147 in 2013 -RRB- before Medicare pays for your outpatient claims . Once the deductible is satisfied , Medicare pays 80 % of the approved amount and you pay the remaining 20 % . There is no upper cap on your OOP under your 20 % share . "}
{"input": "How Much Is Health Insurance For A Nurse? ", "output": "If you are buying health insurance as an individual your occupation as a nurse does not impact your premium costs directly . The factors affecting premiums will be your choice of plan -LRB- platinum , gold , silver , bronze , or catastrophic -RRB- , your age , where you live , and your income . There may be premium and cost sharing subsidies based upon income -LRB- 100 to 400 % of the federal poverty level qualify for subsidies -RRB- . If you are purchasing coverage through your employer , the premium cost is mostly determined by the level of employer contribution . "}
{"input": "Can Someone In Jail Get Life Insurance? ", "output": "Nearly all life insurance policies are NOT available to persons in jail , because nearly all policies ask about recent crimes or probation . However , technically , guaranteed issue life insurance policies should be able to be obtained by inmates who fit the age guideline , are applying for an amount that is financially justifiable , and who have enough income or assets to pay premiums . I called Colonial Penn to ask about their guaranteed acceptance life insurance and the representative said that someone in jail could get it if he/she met the guidelines . "}
{"input": "Can An Ex-Spouse Stay On Health Insurance? ", "output": "Yes as long as the insured who is still working and getting coverage from his/her job does not put in a request to make any changes . The insurance company would not know about the spouse becoming an ex unless someone files paperwork to say that . Sometimes the working spouse will allow the other spouse to stay on the policy because -LRB- 1 -RRB- the court requires it or -LRB- 2 -RRB- that spouse still has the children living with them and it makes more sense for the family to keep their insurance intact . "}
{"input": "Can An Ex-Spouse Stay On Health Insurance? ", "output": "The answer is yes , provided that your divorce decree stipulates so . Normally , you can not keep your ex spouse on your health insurance as they 're no longer a dependent . However , I 've seen judges award it for a specified amount of time . If your divorce is amicable and you want to do that , propose it in your divorce settlement . As long as a judge orders it , the health insurance company should have no problem with it . Be prepared to forward a copy of the court order to the company . Now , this applies to the way things have always been done with health insurance . With the Affordable Care Act , things may change . I have n't seen it come up yet , so I guess we 'll have to wait to find out . "}
{"input": "Do I Need Health Insurance In Addition To Medicare? ", "output": "Just a point of clarification to the + Larry Gilmore response ... Medicare Advantage plans replace original Medicare . A Medicare Advantage plan does not `` fill the gaps in Medicare '' . When you enroll in a Medicare Advantage plan you are no longer in original Medicare so any `` gaps '' in coverage are paid by you , the Advantage policyholder . Medicare Advantage plans have many moving parts including deductibles , copay 's and coinsurance . A large claim or numerous medical expenses will almost always result in much more out of pocket expenses under an Advantage plan than you will experience with original Medicare and a Medicare supplement -LRB- Medigap -RRB- plan . "}
{"input": "Do I Need Health Insurance In Addition To Medicare? ", "output": "That will depend on your needs . Medicare supplements and Medicare Advantage exist to fill the gaps in Medicare coverage . Medicare does not cover everything and the holes where it does n't can be very expensive to the insured . So for greater coverage you can review Medicare Supplements and Advantage plans and see which one would best suit your needs . There are several choices in levels of coverage to choose from . Perhaps the most basic difference between Medicare supplements and Advantage plans is choice of where to go . With a Medicare Supplement , the insured can choose whom to see , change their minds , see somebody else and not be hampered . Advantage plans pretty much will lock the insured in with a medical group until the next open enrollment period . The insured must go through that group for care . The coverage is based on using their care system . Emergencies would be the only exception . "}
{"input": "What Is A Deductible For Homeowners Insurance? ", "output": "The amounts listed on the property sections of a homeowners policy -LRB- A&B -RRB- are subject to a deductible . If there is a property loss the claim will be adjusted and paid based upon the value of the lost property minus the deductible . Another way to say this is that you are responsible for the deductible before the company will pay a claim . Deductibles reduce the cost of insurance by reducing the frequency of claims . "}
{"input": "What Kind Of Coverage Do I Need For Homeowners Insurance? ", "output": "You need all-risk protection . While these policies have a list of exclusions they provide the broadest possible definition for risk and cover most eventualities . This is probably the coverage that your mortgage company will require . There are crucial exclusions such as flood and earthquake . This coverage can be included for an additional premium . Your lender may require that these coverages be added . There are a couple of other options such as replacement cost coverage on contents and water back-up that merit consideration as well . "}
{"input": "Can You Drive A Car Off The Lot Without Insurance? ", "output": "Oh yes , you most definitely drive the car off the lot . But , what if ... . What if there is an accident ? Even a small scratch on your or other car may result in $ 1,000 s of repair cost . While most of the carriers do n't charge cancellation fees , I suggest you get the coverage for the car before leaving the lot . Just make sure you 've chosen the carrier without the midterm cancellation fees . "}
{"input": "Can You Drive A Car Off The Lot Without Insurance? ", "output": "That 's solely up to the dealership and your lending institution if you have the vehicle financed . I do n't believe that there are any dealerships out there that would be willing to take the risk of a vehicle being damaged or people being hurt by an uninsured motorist out for a test drive . "}
{"input": "Can You Drive A Car Off The Lot Without Insurance? ", "output": "Great question ! Legally , the answer is no . And you really do n't want to , as the penalties for doing so are not worth the trouble . The best thing to do , once you 've decided on the car you want , is to call your agent , and give them the information on the car you are wanting to buy . Have them fax or e-mail the amended or newly issued proof of insurance to the dealership , and drive your car home safely , and legally . Some dealerships will also have an agent on premise , but their policies are probably going to be much more expensive than tour agent would be . Thanks for asking ! "}
{"input": "Can You Drive A Car Off The Lot Without Insurance? ", "output": "There are two agencies that would not want you to drive an uninsured car off the lot . The first is your state department of motor vehicles . That is against the law in most places . The second is the finance company that is loaning you the money for the car . Their security is bound up in the car and they will not allow you to jeopardize their security . "}
{"input": "How Are Life Insurance Benefits Paid? ", "output": "Life insurance benefits are normally paid in a lump sum , in regular payments over a number of years , or both -LRB- a lump sum with the remainder made in payments over time -RRB- . When the policy proceeds are not taken all at once , there is interest paid to the beneficiary on the money they have not yet received . "}
{"input": "What Is Individual Flexible Premium Variable Life Insurance? ", "output": "That is a great question ! There are a couple of types of life insurance , each with certain functions , guarantees , and returns . The term policies are short lived , have a determined end date , and are very simple policies , with few frills . Whole life policies are a little more complex , but have sure guarantees of the payout , and cost of premiums . They are set , and guaranteed . Then there are the variable life policies . These are another type of animal altogether . They were designed to give the insurance consumer an option that was more like stocks or mutual funds in their ability to generate returns . The premiums are said to be `` flexible '' , because you can overpay , pay the suggested premium , pay less than the suggested , or skip altogether one month . The catch is that this type of policy works off of the cash you put into it , and the ability of your investment choices to generate a positive return . Since there are typically very few -LRB- if any -RRB- guarantees , the risk of the performance is yours , not the insurers . This policy can cost you money , and go belly up , if you are not a wise investor , and able to make larger premium payments when needed.I will be honest - I like my clients to keep their money , and add to what they have in a safe and secure way . I do not recommend these policies to my clients . I hope that helps , if you would like more details , please feel free to contact me . Thanks for asking ! "}
{"input": "Does Home Owners Insurance Cover Lost Luggage? ", "output": "A percentage of the personal property covered in a homeowners policy extends to personal property that is away from the premises . Suitcases are often used away from the premises . If they are lost or stolen they would be a potential claim . Please remember the deductible as that might exceed the value of the luggage . "}
{"input": "Does Home Owners Insurance Cover Lost Luggage? ", "output": "Luggage is personal property so if stolen there would be coverage minus your deductible . There may also be potential coverage under mysterious disappearance . As to the limits of coverage , this would be determined by what was actually in the luggage . Consult your policy and local agent to discuss the exact nature of your loss and coverage . "}
{"input": "Can You Get Renters Insurance Online? ", "output": "So companies have an online purchase but in my experience I have always found that my customers have always preferred an Personal Agent verses a random agent in a call center . You can fill out an online request for a quote at WEBSITELINK and email or fax for a quote "}
{"input": "Can You Get Renters Insurance Online? ", "output": "I have never done this but I am confident that there are companies who write renters insurance on line . If you chose this route you lose the opportunity to discuss the matter with a competent insurance agent . This agent will listen to you , offer sound financial advice and communicate clearly with both you and the insurance company . Selecting limits is very important and professional advice is certainly helpful . "}
{"input": "Is Life Insurance Money Considered Income? ", "output": "There are afew answers to your question . If you are speaking of being the beneficiary of death proceeds then the answer is no , those are tax free . If you are the beneficiary of life proceeds through an estate , then yes , those are subject to estate taxes . If you are speaking of borrowing from a cash value life insurance policy , then no , thoseare considered a loan and not subject to income taxes . If you are cashing out a cash value life insurance policy , then yes , the proceeds over premiums paid are subject to income tax . "}
{"input": "Is Life Insurance Money Considered Income? ", "output": "Life insurance death benefit proceeds received by a beneficiary in most cases are income tax-free . This is a key feature of life insurance . Exceptions include business-owned life insurance issued , or materially modified , after August 17 , 2006 which may be taxable unless specific steps are taken during time of application and annually thereafter . Life insurance contracts with three parties involved may also have unexpected taxable implications . Ask a life insurance professional if these might apply . If the policy-owner accesses cash values via withdrawals of some of the cash value -LRB- after policy year 15 -RRB- , the amounts are income tax-free return of basis -LRB- premiums paid -RRB- in the contract . After that , the gain would be income taxable . Special tax rules exist for distributions in the first 15 policy years . If the policy-owner accesses cash values by taking a policy loan , the amounts would be income tax-free . As long as the policy is not lapsed prior to the net death benefit being paid , the policy loans are never taxed . If there is a large loan and the policy is allowed to lapse , income tax would be due that year on all of the gain in the contract . In the event of a full surrender of the policy for its cash value , there would be income tax to the extent of gain in the contract . "}
{"input": "Is Life Insurance Money Considered Income? ", "output": "In most cases the proceeds of life insurance are tax free to the beneficiary . Therefore , it is not considered taxable income . If you are unclear about your particular situation , I would contact an estate planning attorney in the state in which you live to discuss your individual situation . Hope this helps ! "}
{"input": "Is Life Insurance Money Considered Income? ", "output": "Life insurance proceeds are income tax-free , however , the monies can be included in the calculation of the estate for tax purposes if the policy was not structured properly . When structuring a policy , a good rule of thumb is to make sure you do not violate the `` goodman triangle . '' In short , you want to have two of the three parts of the structure being the same entity -LRB- e.g. owner and insured are the same and beneficiary is different or owner and beneficiary are the same and the insured is different -RRB- . I highly recommend consulting with an independent life insurance broker who has a strong background in estate planning - life insurance can be used in a number of ways including serving both personal and business needs . "}
{"input": "Does Ulcerative Colitis Affect Life Insurance? ", "output": "When applying for life insurance with a history of ulcerative colitis , the underwriting process will look at factors which include ; age when diagnosed , extent of disease , frequency of attacks , date of most recent exacerbation , treatment and period since last treatment . Mild , well controlled cases with some reasonable period of recovery will frequently be assessed at standard rates . Ratings or declination will apply to a more extensive condition with unfavorable factors and frequentattacks . Work with an experienced life insurance professional who can shop to find the best offer for your specific history as outcomes will vary considerably by insurer . "}
{"input": "Does Ulcerative Colitis Affect Life Insurance? ", "output": "Ulcerative colitis can impact the price you pay for a life insurance policy . Like most conditions , it will be considered when your policy is underwritten . A `` preferred '' ratetypicallymeans there were no existing or major conditions present . The premium may be `` rated '' if there are other factors or conditions that increase the risk to the insurer . "}
{"input": "Does Ulcerative Colitis Affect Life Insurance? ", "output": "Yes , having ulcerative colitis will probably affect your life insurance rates , or possibly even affect the type of life insurance policy that you can get . Mild ulcerative colitis that has been stable without any flare ups for a number of years may not need a table rating , whereas ulcerative colitis that has had exacerbations in recent years would tack on an extra rating . If the condition was not controlled at all , the applicant might need to go with simplified or guaranteed issue life insurance . However , there is life insurance available for the vast majority of ulcerative colitis and Crohn 's Disease sufferers . "}
{"input": "What Affects Life Insurance Rates? ", "output": "If your question is what affects the stability of life insurance rates , the answer is , not very much . Life insurance rates are based on multiple millions of lives and death rates are predictable . A dramatic change in the financial markets could affect life insurance rates if the companies can not earn the necessary returns to maintain their promises . A dramatic epidemic could affect rates . Recently rates were affected by regulation . These changes are generally small . "}
{"input": "What Affects Life Insurance Rates? ", "output": "10 things that affect life insurance rates are : 1 -RRB- Age 2 -RRB- Gender 3 -RRB- Tobacco use 4 -RRB- Build 5 -RRB- Health 6 -RRB- Dangerous hobbies 7 -RRB- Being a pilot 8 -RRB- Type of policy chosen 9 -RRB- The company through which the policy is purchased 10 -RRB- Rates in the industry at that time As a rule , the older the age the policy insures you to , the higher the rates . "}
{"input": "What Is An Irs Qualifying Event For Health Insurance? ", "output": "There are many IRS qualifying events that allow you to apply for health insurance after Open Enrollment has expired . You will be eligible for federal subsidies and pre-existing conditions will be covered under this `` special '' enrollment period -LRB- SEP -RRB- . As a health insurance broker with more than 33 years of experience , this topic is very routinely discussed with consumers on a regular basis . Some of the most common `` events '' include : 1 . Exceptional circumstances -LRB- such as natural disasters and medical emergencies -RRB- near the deadline 2 . Getting married -LRB- legally -RRB- 3 . COBRA expiration 4 . Moving to a new location outside the provider network 5 . Birth or adoption 6 . Citizenship change 7 . Losing existing health benefits 8 . Turning age 26 and/or no longer covered on parents policy 9 . Misinformation , misrepresentation , or inaction on the part of entities providing formal enrollment assistance 10 . Enrollment errors due to technical issues 11 . System errors related to immigration status 12 . Display errors on marketplace websites 13 . Getting released from jail 14 . Misinformation about availability of premium tax credits for victims of domestic abuse who are married but not filing a joint tax return "}
{"input": "What Is An Irs Qualifying Event For Health Insurance? ", "output": "You can only apply for health insurance outside of the annual enrollment period if you qualify for a special enrollment period -LRB- SEP -RRB- . This goes for health plans both on and off the health insurance exchanges . To qualify for a special enrollment period , you must have a `` life-changing event . `` Qualifying events include : 1 -RRB- Getting married 2 -RRB- Having a child 3 -RRB- Adopting a child 4 -RRB- Fostering a child 5 -RRB- Moving out of your current coverage 's service area 6 -RRB- Losing your existing health insurance under certain conditions including : 7 -RRB- Loss of group coverage through your employer 8 -RRB- Your COBRA coverage expired 9 -RRB- You get divorced 10 -RRB- You come off your parent 's group coverage 11 -RRB- Your plan was terminated by the carrier 12 -RRB- You lose your Medicaid eligibility , CHIP eligibility , or similar situation 13 -RRB- Becoming a U.S. citizen 14 -RRB- Leaving incarceration 15 -RRB- Becoming a member of an indian tribe : those in a federally recognized tribe can apply for new coverage/make changes to their existing coverage once a month throughout the year Please note , voluntarily terminating your existing coverage or your coverage was terminated by the carrier because you did n't pay your premiums are NOT considered qualifying events for a special enrollment period . Please let me know if I can be of further assistance . Thanks very much . "}
{"input": "How Much Personal Property Coverage For Renters Insurance? ", "output": "-- > Normal 0 How much Renters Insurance should you buy ? Ideally enough to replace all the stuff you have that makes up your life . Clothes , furniture , dishes , jewelry , food , books , recreational toys , etc. . Your list will be unique to you . How much insurance you purchase is important but so isnt the type of coverage you purchase and the insurer you purchase the policy from . Basic renters policies will reimburse you for the Actual Cash Value of your damaged property . That means the value of used clothing , used furniture , an old computer . You , on the other hand , will most likely need to replace your damaged property with new items . The difference between new and old is often significant . Make sure whatever limit you buy includes Replacement Cost coverage . Under this type of coverage , you are entitled to claim the value of a new item should you actually replace it with one of similar kind and quality . Of course , the most the insurer will pay will be the limit you select . If you can afford it , that limit should be at least what you would have to spend to replace all those items you could not get along without . Most renters policies provide property coverage on a Named Peril basis . In other words , the policy will state the specific type of damage your property will be covered for . To be covered you have to prove to the insurer one of the covered perils caused the damage , a process not everyone is comfortable with . It is good to have someone on your side when this occurs . Often you cant find that person that sold you your coverage on the phone or over the Internet when you have a claim . Its nice to have a local person to seek assistance from . Watch out for limitations on specific types of property . Youll most likely find one for the theft of jewelry or silver , and jewelry often includes costume jewelry . Some of these limitations can be increased for a nominal premium or your can specifically insure unusual or expensive items . Personal liability coverage will also be provided . That limit should be not less than $ 100,000 and consistent with limits you might carry on your car insurance . "}
{"input": "How Much Personal Property Coverage For Renters Insurance? ", "output": "Renters Insurance is designed to cover all your personal property as long as it is listed . Be sure to write down and video each room , if available , to help identify your personal property . Be sure to look at current value vs. replacement value when considering Renters Insurance . Current value will only pay you what your TV is worth today not what it costs to replace it . I would recommend getting the replacement value type with Renters Insurance . "}
{"input": "Why Is Medicare An Entitlement? ", "output": "Medicare is not an entitlement . You , or your working spouse , paid into Medicare for most of your working lifetime . As long as you -LRB- or your spouse -RRB- had at least 40 quarters of Social Security creditable wages you are entitled to Medicare benefits . It is possible to qualify with fewer than 40 hours . You earned your right to Medicare . Do n't let anyone diminish that . "}
{"input": "Can Home Insurance Companies Deny Coverage? ", "output": "Yes , depending upon the circumstances and their rules and underwriting guidelines as they have fled them with your state 's Insurance Department . An application for coverage may be denied in some cases due to a poor loss history . Applications may also be denied if the property does not meet a company 's underwriting standards and is in poor repair . "}
{"input": "Can I Apply For Disability Insurance While Pregnant? ", "output": "Unfortunately , if you apply for Disability Insurance while you are pregnant , your pregnancy will be considered a pre-existing condition and you will not be able to qualify for coverage at that time . Once your baby is born you will be able to apply for Disability Insurance and obtain coverage . "}
{"input": "Do Insurance Companies Have To Pay Back Equity On A Lapsed Whole Life Insurance Policy? ", "output": "Until you notify them of your cancellation , unless stated in the application process , insurance companies will draw down the cash values to maintain the policy `` in force '' as long as possible . They can not decide to `` cash you out '' because you 've missed some premiums . If they did , they would basically be breaking the law . It is up to the insured to close out a policy and request any proceeds from such a choice . If the insured says nothing an insurance company has to treat the policy as in force drawing off of cash values to maintain coverage . Surprisingly a lot of people do decide to just let their policies `` run out '' . So unless you tell them , they do n't know . "}
{"input": "Do Insurance Companies Have To Pay Back Equity On A Lapsed Whole Life Insurance Policy? ", "output": "The only `` equity '' is the cash value , not the face amount . Since the policy is only 8 years old there is probably not much cash value however you do have options . If you do nothing the policy goes on extended term . This means the policy is in force for a period of time until the cash value is used up . You can take a reduced paid up option , but I doubt if you have enough cash value to make this worthwhile . You can cash surrender the policy for whatever the cash value is . . All of these options are spelled out in your policy . "}
{"input": "Do Insurance Companies Have To Pay Back Equity On A Lapsed Whole Life Insurance Policy? ", "output": "It may depend on how the policy was structured . Very often , the insurance company will use any cash value that has built up to keep the policy in force if the policy owner stops making premium payments until there are no funds left . If you initiated the policy cancellation -LRB- surrender -RRB- , you may be entitled to the cash value less surrender charges . It ca n't hurt to call the insurance company or your agent and ask . "}
{"input": "What Does Dave Ramsey Say About Auto Insurance? ", "output": "I love Dave Ramsey . I listen to him and have attended his financial peace university and let me tell you , great advise . I even have his book sitting on my desk as I type this . However I can not speak on behalf Dave Ramsey but if I recall correctly Dave would say do n't spend your money on a fancy car but instead build your wealth first . Dave 's saying is `` Live like no one else so later you can live like non one else '' . Also he would say carry high liability limits to protect your assets and the highest deductibles you can afford unless a higher deductible does not make a significant enough premium difference . I would recommend hisfinancialpeace series and book and then I would go ask Dave what he thinks about auto insurance . "}
{"input": "Who Has The Best Life Insurance? ", "output": "Who has the best life insurance ? Well , you may hate the answer but the best life insurance is the one that insures you for the best rate possible and does the most to meet your goals and plans . In other words there are a bunch of `` best '' companies depending on the person applying . "}
{"input": "Who Has The Best Life Insurance? ", "output": "There is no one company with the best life insurance for every person . Different policies are created to suit different needs and desires . E.g. Nonmed life insurance does not always have the best price , but is the best option for those who hate having their blood taken . Some policies are better for older persons , or persons with health conditions . Other policies wo n't even touch those type of cases . To find the best option for you , call a respected life insurance agent who can ask you the right questions to help you find your best choices . "}
{"input": "What To List On Renters Insurance? ", "output": "If you are asking about itemization -LRB- or scheduling -RRB- of personal property that is going to vary from carrier to carrier . Typically a renters policy will have a monetary cap for specific categories of property . If an item exceeds the normally provided coverage amount for a single item or if the sum of the items is more than the coverage limits , then you may wish to schedule these items for their valuation to ensure that your are properly covered . Contact a local agent and they can go through the coverages that they have to offer and provide you with the cost associated with them . "}
{"input": "How Do I Know If I Need Long Term Care Insurance? ", "output": "You may not know if you need long-term care insurance since there is no fail-safe way to predict the future . But since your lifespan is longer than your parent 's lifespan , and since there is a risk of paying a substantial amount of money n potential healthcare expenses in your later years , a long-term policy should always be considered . But in order to properly protect your assets that you have worked so hard for , purchasing coverage at the right time at the most affordable cost is critical . A full-time broker or financial planner -LRB- not a marketer , advertiser or media consultant -RRB- is without question your best resource to determine how to proceed . By being the most familiar with plans , you can reduce costs and get the best advice . "}
{"input": "How Do I Know If I Need Long Term Care Insurance? ", "output": "Most Americans will retire between age 65 and age 70 . Whats changing is longer life expectancy . So the odds are high that youll need some type assisted living or nursing home care . The average cost of medical bills and extended care is $ 250,000 over your retirement . To indemnify the potential risk some purchase standalone long term care policies , while others purchase life insurance and annuities with long term care riders . If you have morbidity risk in your family line , you may have higher need for care . "}
{"input": "Why Is Renters Insurance Needed? ", "output": "When you lease or rent anything , you generally bring personal items onto the premises . And although the landlord or property owner has insurance for the build or property , they generally dont cover personal items . Renters insurance is very affordable and you should have it when you lease a build , apartment , etc. . "}
{"input": "What Is Mobile Home Insurance? ", "output": "Mobile Home Insurance is the same concept as homeowner 's insurance for site-built homes ; however , the coverage is usually only provided by specialty companies for various reasons , which I will discuss infra . Mobile Home Insurance typically mirrors a homeowner 's policy in the fact that it has coverage for the dwelling , other structures , personal property , loss of use , personal/premises liability , and all the optional coverages such as identity theft , personal injury , etc. . Mobile Home insurance is usually only provided by specialty companies such as Foremost , American Modern , American Reliable , Aegis , etc. . Mobile homes present a unique loss exposure . Site-built homes are usually constructed much better than mobiles/manufactured homes , and site-built homes have a variety of fire-resistant materials used in them . Mobile homes , on the other hand , typically dry up fairly quickly ; and it is not unusual to see a small fire cause a total loss in a mobile over 15 years old , as the mobile has then become a tinderbox . Mobiles also can vary on the foundation , depending on local building codes . For instance , in California , mobiles are not subject to state building codes . So each county assessor 's office determines what qualifies as a `` permanent foundation . '' One county requires a full concrete perimeter foundation with earthquake retroffiting -LRB- i.e. bolting -RRB- , whereas another county will allow the homeowner to lay down a strip of gravel , stack some cinderblocks , and set the mobile on it . This inconsistency makes profitable underwriting somewhat challenging . It can be tricky purchasing mobile home insurance as many agents try to sell a depreciated value policy . Mobile homes are the one coverage that do not use `` replacement cost '' as determined by contractor labor plus materials to repair or replace . Replacement cost policies for mobile homes are based on the purchase price for a brand new mobile of like kind and quality plus transportation and installation . After 10 years of age or so , many mobile homeowners claim they would not want a new mobile anyway , they would go purchase a used one ; therefore , they do not buy replacement cost , they only buy depreciated value . While this can be a significant savings on your annual premium , the likelihood of a total loss is much higher in a mobile than in a site-built home ; and the danger is that you would only get paid $ 5,000 - $ 10,000 . Good luck purchasing one and transporting/installing it onto your property for that amount . "}
{"input": "Is Medicaid The Same As Medicare? ", "output": "No , Medicare is a health insurance program for those who have paid Social Security taxes for at least 10 years throughout their lives , or some others who qualify due to being disabled for 24 months , having end stage renal disease , being the spouse of a qualified individual , or a few other reasons . Medicaid is a health program for persons of very limited assets and income . "}
{"input": "Which Life Insurance Is Best In Arkansas? ", "output": "The best life insurance policy in Arkansas varies for each person . There are some companies that are better for families , while others are better for seniors . Some are better for people with poor health , while others only accept persons with good health . Some have limits on their face amounts of $ 50,000 or less , while others will issue over $ 10,000,000 , if you can qualify for it . Some carry only Term , while others offer a huge array of products . Therefore , it is important to talk to an agency that carries a number of options for Arkansas residents , and get their assistance in finding the best policy for you . It is surprising how quickly a good agent can narrow down what you need and the best , most reasonably priced company to purchase it from . "}
{"input": "How To Calculate The Present Value Of A Deferred Annuity? ", "output": "Great question . Twenty years ago that would have been a difficult question to answer , with the internet it 's easy . Search in Google for `` Present Value Calculator '' and you will find a variety of sites with free online calculators . You will be able to enter in the information you want to assume , like time frame and interest rate , and you will quickly have your answer . Good luck :-RRB- "}
{"input": "How Much Will Insurance Pay Me For My Car? ", "output": "If your car is considered totaled then a good indicator would go look at NADA > com or Kelly blue book online this would be a close estimate as to what they will give you now if you decided to keep the car you can do that also but you will get less cash for your car from the claim . Another way you can do this is make sure that you know the value of your auto you can call car dealerships and they can tell you what the car was worth prior to the accident . Insurance is to indemnify not to put you ahead . What you think your car is worth may not be as much as an adjuster thinks so be prepared and have a realistic value for your auto . Also if you had optional permanently attached equipment make sure that your policy had that listed or you may not get the value of that included . Hope this helps My best suggestion is to talk to you agent they should be able to help you with determining the value . "}
{"input": "Are Life Insurance Proceeds Protected From Creditors In New York? ", "output": "Life insurance proceeds are usually protected from creditors in New York if the beneficiary of the policy is a person or other entity besides the estate . If the beneficiary is the estate , then the life insurance proceeds are subject to probate and creditors will try to get the debt repaid at that time . However , creditors can not go after life insurance left to a beneficiary unless that beneficiary also shared in the debt . "}
{"input": "Are Life Insurance Proceeds Protected From Creditors In New York? ", "output": "While it appears simple on its face , the life insurance exemption from creditor claims can be very confusing . It is the opinion of some attorneys who specialize in life insurance law that the only way to truly protect life insurance proceeds from creditors of the insured is to have the policy owned by an irrevocable life insurance trust -LRB- ILIT -RRB- . Similarly , the only way to protect the proceeds form the creditors of the beneficiary is to have the proceeds paid into a discretionary spendthrift trust instead of directly to the beneficiary . Obviously these are issues that should be discussed with a qualified estate planning attorney . If you do n't know one , chances are that your life insurance agent will be able to refer you to one . This type of advanced planning may not be justified in ordinary circumstances . However if there is a good possibility that there could be claims by creditors of either the insured or the beneficiary , then the use of appropriate trusts should be considered . "}
{"input": "How Much Is Home And Contents Insurance On Average? ", "output": "Home and contents insurance , on average , is approximately $ 200 - $ 1000 per year , depending on how much coverage you have . For example , a home with the dwelling insured for $ 90,000 will cost far less than a home with the dwelling insured for $ 500,000 . There are many other underwriting variables that also must be considered . "}
{"input": "Does Your Health Insurance Cover You Out Of The Country? ", "output": "The answer to your question can vary from health insurance carrier to health insurance carrier and may also be a function of whether you are covered under a self-insured plan with an employer who has made specific provisions for coverage outside of the USA . To the surprise -LRB- sometimes very unfortunate surprise -RRB- of many travelers , many health insurance plans do not provide coverage outside of the USA . You will really need to look at your certificate of coverage , check with your HR person or insurance agent to determine what your specific policy will do in such situations . I would start out with the conservative assumption that you would not be covered for a health care need outside of the USA and then you can only be pleasantly surprised . There are specialty health insurance policies for international health insurance coverage that can be purchased to provide protection to persons traveling or staying overseas for some period of time . If your domestic health insurance policy does not cover you outside of the USA or provides only limited coverage you may want to consider purchasing one of these specialty policies before going outside of the country . "}
{"input": "Why Would My Home Insurance Double In Price? ", "output": "This could be caused by many factors . The carrier may have experience an exceptional number claims within your geographic location and now are looking to make the premiums match more closely with the risk that have within that area . Your credit rating could influence you premium . If you have experience a large claim or more than one smaller claims within the last five years this could also be affecting your rate . There are just too many variables to say with certainty what would cause your rate to increase so dramatically . I would suggest calling your carrier directly to ask for an explanation or contact your local agent to inquire about the rate change . "}
{"input": "What Are Some Examples Of Disability Insurance Companies? ", "output": "There are many disability insurance companies available in the U.S. market . In the brokerage distribution channel Standard of Oregon , Principle , Met Life , Assurity , Illinois Mutual , Lloyd 's of London , Mutual of Omaha , Fidelity and Lloyds of London . In the career channel there is Mass Mutual and Guardian . There are others , but these are the players in disability insurance . "}
{"input": "How Much Does Insurance Cost For A Sports Car? ", "output": "The cost of insurance for a sports car will vary , depending on the type of car , who will be driving the vehicle , the state ofoccupancyand other factors . As you may have guessed , a sports car is typically more expensive to insure than a regular compact or SUV . Of course , a sports car is more fun to drive ! For specific rates and prices , as brokers , we provide the lowest available prices from top-rated carriers . It 's best that you contact an experienced broker or visit their website for specifics that pertain to your situation . "}
{"input": "Can My Health Insurance Company Cancel My Policy? ", "output": "Yes , but only under very specific circumstances generally involving some type of fraud by the applicant . An example that will probably become more prevalent since the latest implementation of the Affordable Care Act and the very substantial differences in insurance premium costs that can now exist from one side of a state line to another would be where an applicant claims residence in a state with lower health insurance costs when they actually live in another state where costs are higher . "}
{"input": "Can My Health Insurance Company Cancel My Policy? ", "output": "Yes , but only in certain situations such as you not paying your premiums -LRB- the policy would lapse -RRB- or if it 's discovered you intentionally lied on the application for the coverage -LRB- fraud -RRB- . A policy is a contract - you agree to pay a certain premium amount in exchange for coverage so when a situation occurs that is covered by the plan , the insurance company pays their portion of the claim up to the specified amounts in the policy and any remainder would be billed to you , if applicable . "}
{"input": "Where To Shop For Home Insurance? ", "output": "You have many choices of sources for homeowner insurance , although markets availability varies depending on State of residence and even localities within . I suggest using an independent agency , since they typically have more options for you , in terms of insurance company possibilities to suit your particular needs . Unlike internet insurance buying , independent agents give you the opportunity to get answers to your questions and insurance buying advice . As for another option , ` captive agents ' typically have only one carrier to offer you . Ask the independent agency representative about the financial strength/size and AM Best 's rating of each carrier they recommend for you . "}
{"input": "Does Medicare Have A Copay? ", "output": "Not really . Once you have been in the hospital for more than 60 consecutive days there is a daily copay but most of your basic items do not have a Medicare copay . Medicare does have deductibles and coinsurance that can leave you with an unlimited amount of OOP expenses if you have a bad year . "}
{"input": "Does Medicare Have A Copay? ", "output": "Under Part A , which covers hospital room and board and related expenses , there is a deductible of $ 1184 per benefit period . Part B has an 80/20 coinsurance for Doctors and outpatient services and $ 148 per day coinsurance for days 21 through 100 in a skilled nursing facility . There are no copay 's under original Medicare . Unlike Medicare Advantage , which has copay 's and out of pocket maximums , Original Medicare has no out of pocket maximum . A person could spend $ 10,000 or more under original Medicare if he or she develops a serious illness . This is why it is wise to investigate either a Medicare Advantage Plan or better yet , a Medicare Supplement . "}
{"input": "Are Life Insurance Proceeds Protected From Creditors In Georgia? ", "output": "If life insurance proceeds in Georgia are left to a person as beneficiary , creditors can not take the money away from the beneficiary to pay the debts of the insured , -LRB- unless the beneficiary was co-signer to that debt -RRB- . If the life insurance proceeds are left to the estate , then creditors in Georgia can access those benefits to pay off the debt owed them by the deceased . "}
{"input": "Are Life Insurance Proceeds Protected From Creditors In Georgia? ", "output": "We should be careful to define terminology . Life insurance proceeds , meaning death benefit would always be creditor protected as life insurance bypasses the estate and is paid directly to the beneficiary . So if the deceased has creditors , they can not lay claim to life insurance proceeds . Unless that creditor is the Federal Government for Estate Tax Purposes . Life insurance is included in the estate for estate tax purposes . If the beneficiary has creditors and receives the life insurance proceeds , those proceeds would be subject to creditor claims . "}
{"input": "Does Home Insurance Cover Air Conditioners? ", "output": "Only way a homeowners policy would cover your A/C unit would be if it was damaged by a covered claim . Tree falls on it , home gets struck by lightning or damaged by a house fire are just a few examples of things that could be a covered claim . If it 's just old and stops working , no dice with your home policy . This is just generally speaking as insurance contracts vary by state and carrier . Give a local independent agent in your area a call and discuss your specific situation . "}
{"input": "Does Home Insurance Cover Air Conditioners? ", "output": "Homeowners policies cover damages sustained to the residence and personal property from named perils . Mechanical breakdown is not a named peril in very many , if any homeowners insurance policies . If the property is burned and the air conditioner is damaged , then it would be covered . "}
{"input": "Does My Baby Need Life Insurance? ", "output": "The two other reasons would be `` garanteeing '' their insurability and for efficient acumulation of funds . Many people purchase `` umping juvinile '' policies on their young children to lock in a low rate and to garantee that the child has life insurance , that serious health conditions can prevent a child/young adult from obtaining life insurance once such a health issue is diagnosed , purchacing a policy before the diagnosis will `` lock '' in the policy no matter what happens . Then the child reaches a prescribed age , generally 21 , the face of the policy is increased automatically without the imposition of either an additional premium charge or a medical examination . The other reason for purchasing life insurance on one 's baby would be for a college funding vehicle . The three most popular college funding vehicles are 529 -LRB- c -RRB- accounts , Coverdell education savings accounts and Equity Indexed Universal Life policies . However one must structure the EIUL policy accordingly so that it effeciently accumulates excess cash value . "}
{"input": "Does My Baby Need Life Insurance? ", "output": "The death of a child is uncommon . That child developing a health condition that will cause them to be rated up or ineligible for life insurance as adults , is more common . Getting Life Insurance for your baby would pay a benefit to you if your child would pass away , so that you could pay bills and funeral related expenses . As an adult , your child would have a reasonably priced policy even if they had developed a health condition along the way . "}
{"input": "Can I Cancel My Car Insurance At Anytime? ", "output": "Auto insurance is typically an at will product . That means that you can cancel with one carrier to sign up with another carrier at any time that you wish or you could just cancel your coverage without switching carriers . Canceling your coverage without signing with another carrier will leave you and your family exposed to financial hardships caused by accidents that you are deemed responsible for , not mention other requirements from loan providers or others with a contractual interest in your 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": "Can I Cancel My Car Insurance At Anytime? ", "output": "For the most part , yes you can . However , it is best to have your replacement coverage in place before cancelling the coverage you have currently . Gaps in coverage are not only risky from a driving exposure point of view , in states that require car insurance they can cost you dearly in fines imposed by DMV . "}
{"input": "Who Is The Best Disability Insurance Company? ", "output": "There are a lot of good companies that sell Disability Insurance . However , the best one for one person is not necessarily the best one for another . Some are better for certain occupations , such as doctors or high risk workers . Others are better for persons with certain health conditions . Some are better for group policies , while others have honed in on the private Disability Insurance market . To find the best Disability Insurance Company for your profile , you can contact a broker -LRB- such as we are -RRB- and have us go through your occupation and health information . We will then sift through all the options to find the best one for you . "}
{"input": "Who Is The Best Disability Insurance Company? ", "output": "There are several excellent disability companies in the U.S. Which one is right for you may depend on your gender , age , smoking status , health history and current medical condition ? It may also depend on the amount of benefit youre seeking . Using a bidding process based on your needs can help you select the right company . But for the most part based on price and contract definitions , Standard of Oregon is a high recommendation . "}
{"input": "Who Is The Best Disability Insurance Company? ", "output": "There are many good Disability Insurance companies and hard to pick one `` best '' across the board . You can look at the rating of the company to get an idea of how solid the company is . If you have a particular occupation or health condition that makes it more difficult for you to find affordable Disability Insurance , the best Disability Insurance company for you could be a completely different one than for your neighbor . Contact an agency or broker that offers DI quotes from a number of companies and ask them not only to find your best rate , but to steer you with a DI company that you can trust . "}
{"input": "Is Medicare PPO Or HMO? ", "output": "The good news is , Medicare is neither an HMO or PPO . You are free to use any doctor , hospital , lab , etc anywhere in the country . There are no networks , no artificial boundaries . Providers that accept assignment may not bill for excess charges . Pair original Medicare with Medigap plan F and you never have to worry about budgeting . "}
{"input": "How Do Interest Rates Affect Annuities? ", "output": "Interest Rates directly effect all Annuities . But especially Fixed Annuities . Basically , the higher rates are , the companies can offer more or better benefits on Annuity Policies . An Insurance Company is required to invest enough of your premium into treasuries to secure any guarantees they made in the contract . So the higher the treasury rates are , the higher the guarantees in annuities are . "}
{"input": "How Do Interest Rates Affect Annuities? ", "output": "The are three basic tax deferred annuities that use differing crediting methods . Two of these methods are related to interest rates : fixed interest rate annuities and indexed annuities . Fix interest rate annuities are tied to the company 's bond portfolio performance . With indexing , the company generally uses the interest rate earnings generated from the portfolio to purchase indice options . "}
{"input": "How Do Interest Rates Affect Annuities? ", "output": "The change in interest rates has a very minimal affect on annuities in terms of the rates and benefits they make available as bonds are purchased when products are made and rate/benefits on those products are based off those bond yields . However , annuities with indefinite benefits may realize declining benefits if rates on new bonds purchased later are lower than rates that prevailed when the original bonds were purchased . "}
{"input": "What Year Will Medicare Run Out? ", "output": "Great question ! I just listened to a lecture the other day given by an economics Professor Michael Granof at the University of Texas -LRB- Americans living rich retiring poor -RRB- who stated that without a change in funding , Medicare goes under in 2023 . Social security goes belly up about 10 years later . The Generation x folks and the tail end baby boomers will be the first generation to pay into Social Security more than they will take out . I can not emphasize enough the importance of saving early , having long term care and life insurances , and having a good financial plan . If you have questions about your retirement plan , please feel free to contact me , I 'm happy to help . Thanks for asking ! "}
{"input": "What Is A Chargeable Event Gain From A Life Insurance Policy? ", "output": "When you withdraw money from a cash value life insurance policy you have created an event . If the amount that you have withdrawn , combined with those you have previously withdrawn from the same policy , exceeds the amount that you have paid for the policy , you have a gain and are subject to income tax on that gain . Please contact your life insurance company if you suspect that this might occur . The company reports this gain to the I.R.S. . "}
{"input": "What Is A Chargeable Event Gain From A Life Insurance Policy? ", "output": "Great question ! Life insurance is designed to provide tax free money to survivors , or in some cases , to provide tax free income through loans taken from the cash value of the policy . If you have a policy that lapses , and has a sizable cash value that you claim , then that money is considered a gain , and is taxable . Managing to borrow more than you 've paid in has the same effect . I 'd strongly advise that you consult with your agent , financial adviser , or tax attorney to do what you can to prevent this from happening . Thanks for asking ! "}
{"input": "Does Medicare Cover Lymphedema Sleeves? ", "output": "In a ruling on Feb 20 , 2008 , lymphedema sleeves and lymphedema compression garments were found to meet Medicare 's definition as a medically necessary prosthetic device , and as such , are covered under Medicare . However , the ruling was not a precedent and the CMS has not changed their code in the HSPCS . "}
{"input": "What Is Allowed Amount In Health Insurance? ", "output": "The allowed amount is the predetermined price that the health insurance company will pay for specific procedures performed by in-network providers . Think of it as wholesale versus retail prices . In-network providers charge the insurance company the allowed -LRB- wholesale -RRB- amount . In exchange , the providers get a flow of business from plan participants . Out-of-network providers did not agree to the wholesale prices , and do not benefit from the flow of patients participating in a particular plan . They often charge a retail rate when treating out-of-network patients . The patient often owes the difference between the allowed amount , and what the provider charges . "}
{"input": "What Is Allowed Amount In Health Insurance? ", "output": "What is allowed amount in health insurance ? Well , more than likely it means the maximum an insurance carrier will pay for a service provided . You might hear it also as usual and customary as a similar term . Basically when you read that on a plan summary or explanation of benefits it represents the maximum the plan will pay . "}
{"input": "What Is Short Term Disability Insurance For? ", "output": "Short Term Disability is used to replace approx 40-70 % of your salary if disabled for a `` short '' period of time . Most short term disabilities last from 3-6 months , although the cap can be as high as two years . The coverage may kick in as soon as the disability is determined , or there may be a waiting period . If purchasing your own policy , the higher the premium you pay , the shorter the waiting period . Some of the uses for short term disability are partial income replacement in case of pregnancy , muscle strains , broken bones , pneumonia , heart attack , or chemotherapy treatments . "}
{"input": "What Is Short Term Disability Insurance For? ", "output": "Short term disability insurance is paycheck protection in case of a disability event . And many consumers can only afford short term disability versus long term disability coverage . Mutual of Omaha is a major carrier in short term disability insurance . Keep in mind that you may have short term disability insurance through your employers group benefit plan . You also have Social Security disability insurance , although benefits may be limited . "}
{"input": "What Dog Breeds Are Excluded On Home Insurance? ", "output": "There are three levels to consider . If there is a dog with a history of biting , regardless of breed , that dog is probably excluded from coverage . If there are dogs at the residence that are pit bulls , wolf mixes , Doberman Pinchers , and Chows they are probably excluded . All other dogs have limited coverage . That means that in the case of a dog bite the normal limits of the policy do not apply . Check the back of your homeowners policy to see if there is an endorsement about pets or dogs . "}
{"input": "Does Homeowners Insurance Cover Slander? ", "output": "Slander is normally not covered under a standard Homeowners insurance policy or Ho-3 . You can add an endorsement , or rider , to the policy for Personal Injury Coverage that would usually cover slander . Liability coverage is provided under a standard homeowners policy but is limited to bodily injury and property damage . Make sure you speak with your independent insurance agent because each policy has different coverage 's and different forms . Ideally , you would like an ISO -LRB- insurance services organization -RRB- form with the ability to add a `` Personal Injury Endorsement '' -RRB- . Additionally , some insurance companies have different tiers that may already include coverage for slander . Check your policy with your agent for full details . Hope this answer helps . "}
{"input": "Does Homeowners Insurance Cover Slander? ", "output": "Ordinarily , no , however , you should check with your Insurance Professional to see if the policy you have can be endorsed to include `` Personal Injury '' protection . The General Liability coverage in a homeowners ' policy protects you in the event you do something that causes damage to someone else 's property or physical injury . Slander is covered under the personal injury endorsement . In these days of social media , this is a great coverage to have . "}
{"input": "Does Home Insurance Cover Leaking Pipes? ", "output": "Ryan is correct - if a pipe has been leaking for the past few months and failed to go unnoticed , your homeowners policy would n't extend coverage . Furthermore , most policies do n't include mold coverage and , in fact , are excluded from coverage under most policies . As such , you should take care to notice and resolve any water damage immediately , and utilizing Servpro or ServiceMaster to mitigate water damaged areas as quick as possible . "}
{"input": "Does Home Insurance Cover Leaking Pipes? ", "output": "Homeowners insurance is designed to cover sudden and accidental losses . If you have a pipe that is leaking and you are just now noticing the damage your policy should provide coverage for the resulting water damage . Water damage is very serious and mold can start to grow within 24 hours so make sure you address the situation as soon as possible . "}
{"input": "Is Life Insurance Exempt From Creditors In Connecticut? ", "output": "Life insurance is exempt from creditor in Connecticut if the beneficiary on the policy is not the estate . If the insured person passes away with debt , and the proceeds of his/her policy goes to the estate -LRB- either because the policy was set up that way , or because the beneficiaries are no longer living -RRB- , then the life insurance money will go through probate , where creditors can go after it . If the beneficiary is a person , they can not take it away from that person . "}
{"input": "Is Life Insurance Exempt From Creditors In Connecticut? ", "output": "Provided that you have named a primarybeneficiary in your Life policy , then yes , the proceeds from that policy , upon your death , would pass directly to your beneficiary without any trouble from creditors . In addition to naming a beneficiary , it is also a very good idea to name a contingient beneficiary who would receive the proceeds if the primary benficiary can not , for some reason , receive them . "}
{"input": "If I Have Health Insurance Does Obamacare Affect Me? ", "output": "Obamacare will impact almost everyone , including those who currently have health insurance . If your current health insurance does not meet certain standards -LRB- deductible , out of pocket , EHB -RRB- your policy will need to be upgraded to the new plan design . Most current high deductible plans will have to be replaced with the new plan design . If your policy does not have all the essential health benefits -LRB- EHB -RRB- as dictated by Obamacare , your plan will have to be `` improved '' to meet the new guidelines . All of these changes mean higher premiums and less affordable coverage . "}
{"input": "What Information Do I Need To Get Renters Insurance? ", "output": "You will need your personal information and information about the premise that you are renting . You will need to know when the premise was built , what if any type security system is in place , how many units are in the building , the distance to the nearest responding fire depart , the distance to the closest fire hydrant as a start . Contact a local agent and they will help you get a quote for coverage . "}
{"input": "What Information Do I Need To Get Renters Insurance? ", "output": "The application for a renters policy is almost identical to one for a homeowners policy . You must identify the property and how many units are on the property . You must provide some basic information about the building . You would need to identify any pet , or equipment that poses a liability problem . You would need to divulge any business activity being conducted . You need to divulge your own claims history . You need to identify the cost of replacing your personal property . "}
{"input": "How Much Is The Tax Penalty For No Health Insurance? ", "output": "Beginning in 2014 , under the new affordable care act , everyone will have to have health insurance or pay a penalty -LRB- also known as an `` individual shared responsibility payment '' -RRB- . If you choose to pay the penalty instead of securing coverage , you will still be responsible for 100 % of your medical care . The penalty is calculated in one of 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 your yearly household income and method two increases to $ 325 per person . In 2016 , it will increase again to 2.5 % for method one and $ 695 per person for method two . The penalty methods will be adjusted for inflation in later years . "}
{"input": "Will Life Insurance Cover An Overdose? ", "output": "Life insurance will cover an overdose if the overdose was not due to suicide during the first two years . If there was an undisclosed drug , alcohol , or mental health problem when the applicant filled out the life insurance application , and if death occurred during the first two years of the policy , the death benefit could be contested . If everything on the application was forthcoming , there should not be a problem . "}
{"input": "Will Life Insurance Cover An Overdose? ", "output": "The first two years of a life insurance policy , which begins on the date of issue is called the contestibility period . If the overdose occurred during that time , it may be invested as a suicide . If suicide was confirmed not benefits would be paid . If it occurred after the contestability period and no criminal activity was connected to the death , then the claim would more than likely be paid . "}
{"input": "Do Wills Supercede Life Insurance Beneficiaries? ", "output": "To expand a bit ... Life insurance proceeds are among a class of assets that `` pass by contract '' at death ; in this case , the contract is the insurance policy with its beneficiary designation . -LRB- Other assets that pass by contract include IRAs / Qualified Retirement Plans , annuities , jointly-owned bank or investment accounts , etc. -RRB- Assets that do n't pass to a beneficiary by operation of a contract are subject to probate , which is where a will comes in . It is possible to have the proceeds of a life insurance policy be distributed according to the terms of a will by naming the insured 's estate as the policy beneficiary -LRB- e.g. Beneficiary : Estate of the Insured -RRB- . However , doing so is generally avoided because of the disadvantages inherent in the probate process : During probate , a will is subject to being challenged by anyone with standing -LRB- generally , anyone who can prove a relationship to the deceased -RRB- . A beneficiary designation is n't subject to those types of challenges . Assets of the probate estate are subject to the claims of creditors of the estate ; life insurance proceeds paid to the insured 's estate may get depleted to repay debts before the intended heirs receive any benefit . The probate process is a public court proceeding , andcan be lengthy . A life insurance death benefit claim involves only the beneficiary and the insurance company , and claims are generally paid very quickly - often within two weeks . "}
{"input": "Do Wills Supercede Life Insurance Beneficiaries? ", "output": "In almost no cases does a will supercede the contractual designation of the beneficiary of a life insurance policy . However , you often hear about people updating their wills , while it is not so common to think about updating their life insurance policies . Do n't accidentally leave your policy to an ex-husband rather than a current one , to your parents rather than your own children , etc , by forgetting to change the beneficiaries on your life insurance policy . Your will can not undo the mess that would be created by leaving a big part of your estate to the wrong person . "}
{"input": "Do Wills Supercede Life Insurance Beneficiaries? ", "output": "There may be specific state exceptions , but in general terms the beneficiaries of a life insurance policy named by the policy owner receive the death benefit proceeds.Sometimes it is difficult for a person with the power of attorney to act on behalf of the policy owner to effect a change in beneficiaries . "}
{"input": "How Much Can 2 People Save On Auto Insurance If The Get Married And Combine Policies? ", "output": "It really depends on where you live , what you drive , your driving record and the types of auto 's you have to insure . If you have full coverage on all auto 's , it will be more expensive usually than just liability only on both cars . I would love to help you with that "}
{"input": "How Much Can 2 People Save On Auto Insurance If The Get Married And Combine Policies? ", "output": "It all depends , but you can save a ton by including everything together . It 's usually based on a percentage of what you pay . So the more you pay for insurance the greater the discount . I would shop both of your current companies for the best price and service . I hope this helps ! "}
{"input": "How Much Can 2 People Save On Auto Insurance If The Get Married And Combine Policies? ", "output": "Hi Justin , Great question . For many companies the discount for bundling can be substantial . We are an independent company writing through several carriers . Many of them favour the responsibility and maturity that comes with being a family . Adding the factor of having 2 or more vehicles `` multi-car '' discount , or even going from renting to owning a home can make a big difference in premium rates . My congratulations to both of you . Let me know If you are in need of any other assistance . We are in Michigan ! Gene Ivanoff "}
{"input": "How Much Can 2 People Save On Auto Insurance If The Get Married And Combine Policies? ", "output": "Great question ! Many insurance companies offer multiple car discounts and I have seen substantial savings for couples who combine their auto policies . A good agent will be able to place you with the right company that will provide the best discount for your combined policy . That said , there is no reason a couple needs to wait to get married to get an auto policy together . I have written policies for stable couples who have an established relationship without yet being married . Please let me know if I can be of any assistance ! Carl Houde "}
{"input": "How Much Can 2 People Save On Auto Insurance If The Get Married And Combine Policies? ", "output": "That is a great question ! The answer really depends upon your insurance companies , and their discount rates . Shop both yours and your spouses , and ask . Also , if there are multiple policies already with one carrier , it might make for a deeper discount with them . Since I do n't know who your policies are with , I 'm sorry but I can not give you a dollar or percentage amount specifically . Best answer , call them and see ! Congratulations , I pray many years of happiness and blessings for you !!! Thanks for asking ! "}
{"input": "How Much Can 2 People Save On Auto Insurance If The Get Married And Combine Policies? ", "output": "It is always best to talk to your Insurance Professional about the terms and conditions of your policy . Generally speaking , two single individuals insuring their own cars may pay more than two married individuals insuring their two cars together . There are a couple of factors that may cause this . First , the rate structure that a company has for sigle folks as opposed to married folks . The second is a multi car discount aht can further drive down the cost for the married folks . Always be sure to ask about any available discounts when making your decisions on your car insurance . "}
{"input": "Who Has To Offer Health Insurance? ", "output": "As of today no one has to offer health insurance ! That will change on January 1 , 2015 when employers with 100 or more employees will have to offer health insurance to their employees or pay a penalty -LRB- tax -RRB- . The Affordable Care Act -LRB- ACA -RRB- requires employers to offer health insurance to employees and dependents that are children but does not require employers to offer health insurance to spouses of employees . On January 1 , 2016 employers with 50-99 employers will be required to offer health insurance . "}
{"input": "Will I Automatically Be Enrolled In Medicare When I 65? ", "output": "If you OR YOUR SPOUSE have enough work history with Social Security wages you can qualify for Medicare Part A and Part B. Likewise , if you are divorced and you were married for at least 10 years and your spouse is eligible for Social Security you may be eligible for Medicare . If you are widowed , and you were married to your spouse at least 9 months before your spouse died and you are single , you may be eligible for Medicare . "}
{"input": "Will I Automatically Be Enrolled In Medicare When I 65? ", "output": "If you have met the work requirements then yes , you are automatically enrolled in most cases . If you do not receive your Medicare card before turning 65 then make sure you call your Social Security office or Medicare . Once you turn 65 you will have to pick up a prescription drug plan along with your Medicare Parts A & B. Do not fail to enroll in a prescription drug plan when you are first eligible and do not opt out of Medicare Part B . If you do , there are penalties imposed by Medicare . "}
{"input": "Will I Automatically Be Enrolled In Medicare When I 65? ", "output": "You will be automatically enrolled in Medicare Part A and Part B if you are currently receiving Social Security benefits . If you are not receiving Social Security benefits you will have to request your Medicare benefits . You can go online or go by your local Social Security office to enroll . If you are going to continue to work and get your health insurance from your employer you may not need to enroll in Medicare . "}
{"input": "What do i do if the person who hit me doesnt have coverage? ", "output": "If the person does not have insurance then your option is to report the accident with your company -LRB- IF -RRB- you have full coverage for the damages . As far as medical in NYS PIP coverage -LRB- No Fault -RRB- would be pay for the injuries to you and your passengers no matter who 's at fault up to the limit on the policy . I can not speak for any other state or your policy without looking at it . Depending on the state , UMI can be three separate coverage . -LRB- UM , UIM & UMPD -RRB- . As mentioned previously uninsured/under-insured would kick for medical bills , pain and suffering and lost wages . If you have uninsured motorist property damage -LRB- UMPD -RRB- . You can file a claim under that coverage with you company for vehicle repair . Thank you . "}
{"input": "What do i do if the person who hit me doesnt have coverage? ", "output": "Keeping in mind the fact that insurance only provides coverage , it does not limit liability , if the other guy is at fault then he is liable for the damage to your car . That having been said , unless you are willing to invest the time and money to bring him to court , it would be quicker for you to file a claim with your insurance company . If they pay to repair your car , it wil cost you your deductible , and you apparently do not have rental coverage , but they should n't raise your rates because you did not cause the loss . Beyond that follow the advice of your attorney regarding any other options toward this guy . "}
{"input": "What do i do if the person who hit me doesnt have coverage? ", "output": "That is a great question ! I am sorry to hear about your accident , and your injury , I pray for your speedy recovery . I have to say that it is really probably best for you to file the claim . Unless you have enough money to pay for the repairs and a rental -LRB- or buy a new car -RRB- , it is best to let the insurance company pay , and then figure out how to cover the deductible , and find rides to work until the car 's fixed . They will pursue the other person to recoup their loss , and save you the hassle of trying to do that . You 've paid for the insurance , you might as well take advantage of it . I was in a similar position , and my rates only went up slightly , as it was n't my fault either . I hope the same for you . Good luck , and thanks for asking ! "}
{"input": "What do i do if the person who hit me doesnt have coverage? ", "output": "An optional coverage on an auto policy is uninsured and underinsured motorist coverage . If you can identify the driver , these coverages will normally be available . The quickest way to handle the claim is to get an accident report from the authorities and notify your insurance company of your loss . They will repair your car under the collision coverage and subrogate against the other driver . If they are unsuccessful in attempts to collect from the other driver then the uninsured or underinsured coverage will come into play . "}
{"input": "What do i do if the person who hit me doesnt have coverage? ", "output": "I doubt if you have a choice here but to file a claim on your insurance . because the alternatives are not so good : 1 . either file suit against the other driver -LRB- probably wo n't help because if he did n't have money to buy insurance , he probably does n't own any assets either -RRB- ... . or option 2 . eat the claim and expenses . -LRB- probably wo n't work for you either because you were injured and had property damage -RRB- . this option would only be reasonable if the dollar amounts of the claim are low enough . since you obtained a lawyer , I doubt this is the case here . as far as your insurance going up , a not at fault accident only raises rates slightly -LRB- if they go up drastically , I would shop around for another company -RRB- . "}
{"input": "When Do You Plan To Start Saving For Retirement? ", "output": "You should Start Saving for Retirement the moment you have a paying job . The discipline of saving for your golden years should be a financial foundation discipline you should never break . How you save today will determine your life style tomorrow . You will be living much longer than are predecessors . Most diet conscience , exercising baby boomer women will experience an average life span into their 90s . What will the millennial generation live to ? "}
{"input": "What Is The Average Premium For Health Insurance? ", "output": "The average premium , before ACA , was based on your height , weight , are you a smoker , and other `` lifestyle questions '' such as do you skydive , race motorcycles , that could drive up the costs of your insurance policy . Now that ObamaCare has demonstrated we had the best policies and procedures , with te exception of `` pre-existing exclusions '' , I will not be surprised that some significant changes are made to ObamaCare and the principles stated above will still control . We can not have another `` social security style program '' because the young is not going to want to pay for my insurance coverage and I can understand that . "}
{"input": "What Are The Different Types Of Homeowners Insurance? ", "output": "Although it is difficult to find a company that will write many of these forms there are a variety of Homeowners policies . Generally , the difference is in the perils that the policy insures . The most rudimentary policy covers fire , wind and not much else . The most comprehensive cover all-risks except those excluded in the policy . This is much broader coverage and is the norm . "}
{"input": "How Much Disability Insurance Do I Need? ", "output": "Disability insurance is fundamentally paycheck protection . Most American workers have 90 days of case reserves on hand . The average disability period is 31 months . Protecting income is with long term disability insurance is only second to long term life insurance . If you can legally deduct the premium as a business expense you could insure up to 80 % of your annual compensation . But keep in mind that benefits would be taxable as ordinary income . "}
{"input": "What Medical Questions Are Asked For Life Insurance? ", "output": "The medical questions that are asked for life insurance are about the same as if you were filling out the medical form to see a new doctor . They ask whether you have any health conditions surrounding the heart , kidney , liver , reproductive system , stomach , etc. . Whether you have depression , dementia , neurological disorders , congenital conditions , or anything that does n't fit inside a tidy category . In addition , the life insurance application asks about medications , whether you have had any hospitalizations in the past years , if you are awaiting test results or upcoming surgeries in the near future , or whether your parents passed from certain disease at a young age . It might seem like a lot , but once you are approved , you know that your life insurance policy will stand up . If you are concerned about whether your particular health can be covered , just call a good impaired risk agent . There is no need to go through the entire process when you may be able to get the answer on the phone in 5 minutes . "}
{"input": "How Much Does Adt Save On Homeowners Insurance? ", "output": "It would be best that you check with your Insurance Professional about the specific discounts available on your policy . In general , it appears that a monitored alarm system will typically qualify you for a discount in the neighborhood of about 10 % on your Homeowners ' Insurance policy . Discounts may vary by company and state of course . "}
{"input": "When Does It Make Sense To Switch Retirement Investment Contributions From 401(k) To Roth IRA? ", "output": "There are three important considerations to make . Some employers match contributions to a 401 -LRB- k -RRB- plan which would greatly increase the benefit of contributions to a company sponsored 401 -LRB- k. -RRB- Nothing beats free money . The Roth IRA is not available to everyone . According to the Internal Revenue Service in 2014 , anyone contributing to a Roth IRA is phased out when their income exceeds $ 60,000-70 ,000 and they are single or the head of the household . The same rule applies if they are married and filing jointly if their combined incomes exceed $ 181,000-191 ,000 . If they are married and filing jointly they are phased out if their income is $ 0-10 ,000 . The point is , not everyone can contribute to a Roth IRA . When money will be taxed becomes the last major consideration . Because contributions are made with money that has already been taxed it is wise to make sure that it will be withdrawn when the marginal tax rate will be higher . This can not be determined with complete accuracy because tax policy changes from time to time , however , many working people are in a very low marginal tax bracket . These tax payers often are taking deductions for children , mortgage and a variety of other reasons . More mature tax payers dont always have those deductions available . Qualified distributions from a Roth IRA are not includable in gross income . Even the earnings are tax-free . In a traditional IRA they are tax-deferred . A qualified distribution can be made after the plan has been in effect five years beginning with the first taxable year for which the individual made a contribution to a Roth IRA and the distribution meets the following requirements : 1 . It is made on or after the date on which the individual attains the age of 59.5 . 2 . It is made to a beneficiary -LRB- or to the estate of the individual -RRB- or after the death of the individual 3 . It is attributable to the individuals being disabled -LRB- see IRC Section 72 -LRB- m -RRB- -LRB- 7 -RRB- 4 . It is a qualified first-time homebuyer distribution -LRB- subject to IRC rules . -RRB- It would appear that younger tax payers in low tax brackets should consider putting money into a Roth IRA . Because retirement seems to be a distant dream many young people are reluctant to start a Roth IRA , however , there is great wisdom in doing so . These younger tax payers are also more likely to have incomes that are below the limits mentioned previously . A distribution of a regular IRA is subject to taxation as ordinary income and may be subject to penalty tax if the distribution doesnt meet specified criteria . A distribution from a Roth IRA is considered a return of premium and not subject to income tax . Income taxation only becomes an issue if the amount returned exceeds that which was deposited . If specified criteria are met , even the growth or interest in the Roth IRA is also free of income tax . Distributions from most retirement plans are taxed as ordinary income . It is very helpful to have a source of tax free distributions . This is the role that the Roth IRA can play . A Roth IRA can accept rollovers from other qualified plans . In these events immediate income tax must be paid on the amount being transferred to the Roth IRA . The money is treated as ordinary income at the time of the rollover . These provisions may provide significant opportunities for retirement income planning . Most people start to consider the Roth IRA when they reach age 45 . They realize then that they will want the tax free benefit of the distribution . While it is never too late to start it would be to the interest of most tax payers to start earlier . "}
{"input": "Where To Get Homeowners Insurance Quotes? ", "output": "In order to secure an appropriate homeowners policy find an insurance agent that you trust and work with that person . If you dont have an agent , get recommendations from friends , colleagues or neighbors . A good agent will listen to you , provide solid financial advice and communicate clearly with you and with the insurance company . This agent will help you select appropriate limits so that when a loss occurs you will be satisfied with the settlement . "}
{"input": "How Long Can My Child Be On My Auto Insurance? ", "output": "As long as your child is shown as a resident of your household they typically can remain under your auto insurance policy . To the best of my knowledge and experience there is no age limit for this provision under most carriers . Contact your local agent to discuss your carriers specific standards regarding the child remaining on your policy . "}
{"input": "Can I Buy Short Term Health Insurance? ", "output": "You can buy short term health insurance from many of the top-rated companies , such as UnitedHealthcare and Blue Cross -LRB- in most areas -RRB- . Usually , the applicants are extremely short , and you can apply online in about 20 minutes from a respected website owned by an experienced broker . We typically can quickly shop and compare dozens of plans quite quickly so you are always receiving the lowest prices . Policies are often approved immediately or within 24 hours . "}
{"input": "How Long Should I Have Term Life Insurance? ", "output": "You should have term life insurance for as long as your need the financial benefit it provides . If you have a 30 year mortgage and would like your life insurance to pay for your home so that your spouse can stay in it if you should pass away , 30 year term life insurance would be your best option . If you have a 5 year old daughter and want your life insurance to provide for her until she gets through college , 20 year term life insurance would be a good choice . "}
{"input": "When Are Medicare Enrollment Periods? ", "output": "When you first qualify for Medicare you have an initial enrollment period of three months before , the month of and three months after you are are eligible for Medicare . If you are in a Medicare Advantage Plan or a Part D prescription drug plan you may change plans every year during the Open Enrollment period from October 15th thru December 7th . There are also special election periods , such as leaving an employer plan , moving out of a service area , or other special situations allowed by Medicare . "}
{"input": "Does Insurance Cover Allergy Problems? ", "output": "This is a great question . Yes normally major medical insurance will cover check ups for allergy issues . You may want to double check with your insurance company to be completely sure or take a look in your summary of benefits booklet . I hope this helps . Have a great day ! "}
{"input": "Is Home Insurance Same As Hazard Insurance? ", "output": "Mortgage companies and banks sometimes refer to Homeowners ' Insurance as `` Hazard '' insurance . Homeowners ' Insurance provides coverage in the event there is a loss caused by a `` hazard '' and thus the reference . Homeowners ' policies can covere a wide range of these hazards or perils , or can specifically limit the coverage in some cases . "}
{"input": "Does Renters Insurance Cover Death? ", "output": "Life insurance covers death . A renters policy has a liability section which would provide protection if someone sued you for personal injury that resulted in death . That protection wouldnt apply to a resident of your unit , but would apply to someone that you invited on the premises . "}
{"input": "How Does Life Insurance Affect SSI? ", "output": "There are two different Social Security disability programs , and several different types of life insurance . Social Security Disability Insurance pays benefits to people who worked and paid into the system . Having life insurance does not impact your ability to qualify for this program . Supplemental Security Income is a needs based program . There are complex income and asset limitations . In general anyone with assets exceeding $ 2,000 is not qualified to receive benefits under SSI . Cash value life insurance policies owned by the individual may be considered assets , and could disqualify the person until sold . Term life policies have no cash value and would not impact eligibility . "}
{"input": "How To Save Money On Home And Auto Insurance? ", "output": "There are two times when money becomes the issue in insurance . The first is when the policy is issued and the second is when a claim is paid . The best way to look at this is to plan backwards . If you have been in an accident and you are at fault what do you want your insurance company to do ? It is better to use the worst case scenario . Most people want their company to satisfy all the lawsuits and repair their automobile . That establishes the amount of coverage and ultimately the price . Most people make the mistake of starting at the other end and purchase minimum coverage at the cheapest price with the least personal advice . They can be very dissatisfied with their bargain insurance when the lawsuits start . "}
{"input": "How To Save Money On Home And Auto Insurance? ", "output": "Two ways : 1 -RRB- shop for the company that is financially sound and offers policies that meet your needs and 2 -RRB- combine or bundle the coverages with the same insurance company . Both are important because not only do you want to have the peace of mind that a solid and well respected company can give you , but you want it at a price you can afford . Companies that offer multi policy bundled discounts do that . "}
{"input": "Who Can I Put On My Health Insurance? ", "output": "It really depends on the State you live in and the Company you are dealing with . In Florida , you can put your children , spouses and significant others on a Florida Blue plan . But ... if you go through the Government Subsidy , that 's a whole different story . Depending on the level of subsidy , the children may have to go on Florida Kid Care and significant others would have to go on a different policy . "}
{"input": "How To Avoid Auto Insurance Claims? ", "output": "Let me add to this by pointing out something that may have escaped your attention . Buy insurance for the big events . Keep your deductibles as high as you comfortably can . Do not skimp on e Liability and Uninsured/Uninsured Motorist coverage . Those are exceedingly important . It cost a great deal more to repair people and their lives than fixing cars . If you have higher incident , keep in mind the deductible you have and perhaps you take care of the immediate issue your self . Perhaps you may even have an older vehicle for which it does not make economic sense to carry Comprehensive and Collision , . A good way to know is to look at the online appraisals you can do your self at www.edmunds.com If you are carrying a coverage that has very limited ability to useful , you might want to forego that coverage . "}
{"input": "How To Avoid Auto Insurance Claims? ", "output": "This isa broad question that I 'm sure will generate many different answers , but here is mine and I hope it helpsanswer your question . As you know , many drivers are distracted by their cell phone . Texting , internet applications , and email -LRB- unfortunately -RRB- arejust a few things that many drivers do while driving . Until we all are driving autonomous vehicles , this will always be an issue of concern . These distracted drivers are the onesyou need to look out for and try tostay as far away as possible . The cell phonedistractions are the causes ofmany collision claims . With regard to `` other than collision '' claims , such as avoiding hail damage etc. , just be aware of the daily weather conditions and the potential for a hail storm in your area . If you can get your vehicle to an underground garage such as a mall parking lot , or back to your home with a garage you will be able to avoid a costly `` other than collision '' claim.There is a company that is selling hail protector car covers that inflate remotely around your car like an airbag . That would be another option if you are unable to leave work or return to your home where you may have shelter for your automobile . I suggest googling `` hail car protector . `` In a nutshell , just be careful and practice defensive driving . Keep your eyes open and constantly scan your surroundings and please do n't use your cell phone while driving . I hope this answered your question and let me know if I can further assit you in your personal insurance needs . "}
{"input": "Who Can Change The Beneficiary On A Life Insurance Policy? ", "output": "Only the policyowner can change the beneficiary on a life insurance policy . You can call your policy 's agent or the carrier directly to find out the current beneficiary structure on the policy . If the policyowner wants to change the beneficiary , they only need to fill out a simple change of beneficiary form and submit it to the carrier - this can only be done while the insured is living , once they have passed away , no changes are allowed and the proceeds will be paid out as cited in the policy . You want to make sure you do n't create any tax implications to the proceeds when you make those changes -LRB- e.g. violating the `` goodman triangle '' -RRB- - you should discuss changes with your policy 's agent before making any changes to ensure everything is in good order . "}
{"input": "Who Can Change The Beneficiary On A Life Insurance Policy? ", "output": "The owner of a life insurance policy can change the beneficiary . They have the control and ownership over the policy . The beneficiary does not . Thus is the beneficiary dies first , the owner can substitute a different beneficiary . A court should not be able to order this . However , in matters such as divorce , courts have been known to intervene , especially to protect children . Thank you . GARY LANE . "}
{"input": "Who Can Change The Beneficiary On A Life Insurance Policy? ", "output": "Who can change the beneficiary on a life insurance policy . In most cases the owner of the policy is is only one who can change the beneficiary on a policy . In Canada , if the is an irrevocable beneficiary , then no change can be made without their permission . Other restrictions might apply if the policy has been assigned for collateral . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Who Can Change The Beneficiary On A Life Insurance Policy? ", "output": "Only the owner can change the beneficiary on a life insurance policy . Even if someone is paying the policy premium , but does not own the life insurance policy , the owner could change the beneficiary to someone other than the payer , possibly without the payer 's knowledge . Setting up policy ownership can be an important part of buying life insurance , and best done with professional advice . "}
{"input": "What Does It Mean When A Life Insurance Policy Lapses? ", "output": "When a life insurance policy lapses , it means that the policy is no longer in effect . If death occurred while having a lapsed policy , the life insurance policy would not pay out . You also lose the right to convert a Term policy to Permanent after it lapses . For Term life insurance , if you get behind in payments , you have one month to catch up to keep your policy in effect . If the policy does lapse , you may be able to reinstate it by filling out paperwork and catching up the premium . However , your health can not have had any substantial change to get that policy back . If you have had a decline in health , you may need to apply for new coverage . "}
{"input": "Why Get Medicare Supplemental Insurance? ", "output": "Medicare Supplemental Insurance helps pay for the things that Medicare Part A and B do not ocver , such as co-pays and prescription drugs . It allows you to choose doctors outside a specific network . It can cover you throughout the US and some plans even provide coverage while traveling overseas . "}
{"input": "Can I Get Life Insurance Without A Job? ", "output": "That is a great question ! There are companies that do n't ask what your employment status is , and that wo n't blink an eye , as long as you are making on time premium payments . Be aware that insurance is like your car , miss a couple of payments , and * poof * your car is gone . The money that you sink into the policy does too . Thanks for asking ! "}
{"input": "Can I Get Life Insurance Without A Job? ", "output": "Most people can get a small life insurance policy without a job , especially policies that do not require medical underwriting . If you are a student , there is some consideration of your future income , and if you are in between jobs , the company will look at that . Net worth does enter into the equation , as well . And people on Disability can get life insurance with some companies , depending on their health . So it is not a black and white answer , but usually people without a job can get at least a small policy , as long as they have made some income in the past , or if their spouse is employed . "}
{"input": "Who Does Medicare Apply To? ", "output": "Medicare applies to persons US citizens or legal residents who are age 65 and older , or who qualify for Medicare benefits in another way . Other ways to qualify for Medicare , besides age , are being on Social Security Disability for at least two years , having end stage renal disease , or having ALS . "}
{"input": "Does Home Owners Insurance Cover Lost Ring? ", "output": "This would be known as mysterious disappearance . Most home owners policies will provide a limited amount of coverage less a deductible for personal property . You can also schedule items of greater value to provide higher limits of coverage . Please read your policy completely to know what coverage is provided and what the exclusion there are or call your local agent to have them explain the coverage offered and exclusion within the policy . "}
{"input": "Does Home Owners Insurance Cover Lost Ring? ", "output": "Jewelry that is lost is considered mysterious disappearance and would not be covered under a standard homeowners insurance policy . You should ask you local independent agent for a PAF or Personal Articles Floater that would cover the ring for this type of peril . Some insurance companies will add it on as a rider to the homeowners policy rather than issuing a separate policy . "}
{"input": "Does Home Owners Insurance Cover Lost Ring? ", "output": "Any time it comes to jewelry your homeowners policy can be very limited . Even if you purchased increased limits this may still not be enough and your deductible applies . The other factor to consider is this type of claim can go against you and increase your homeowners insurance rates . I highlyrecommendyou purchase a personal articles floater for jewelry . A PAF was give you the proper coverage jewelry and in most cases a zero deductible . Also the big benefit is there is no negative effect on yourhomeownersinsurance if you file a claim . "}
{"input": "Can Annuities Be Placed In An IRA? ", "output": "YES , annuities can be placed into an IRA . Consider this , you have a cup which represents the IRA , meaning anything in the cup has to follow the IRA rules as laid out per the IRS . You can put mutual funds in this cup , making them an IRA , you can put stocks or bonds into that cup making those funds an IRA . And you can put an annuity into that cup , making it an IRA . Remember , IRA rules trump some of the rules which the products bring . For example , an annuity by itself may allow you to contribute virtually an unlimited amount into it . But if this annuity is an IRA , then you are held to the max contributions which the IRA rules state , $ 5,500 if under age 50 or $ 6,500 if you are over age 50 . Seek the advise of your broker/adviser to determine if putting an annuity into an IRA is right for you . "}
{"input": "Can You Rent A Car Without Insurance? ", "output": "You may be able to . This is going to depend on the rental car agency that you are renting your vehicle from . Most rental car agencies are going to require that anyone renting a vehicle either have their own insurance coverage or purchase coverage through an affiliate company that provides coverage to patrons renting vehicles . "}
{"input": "How Much Is Medicare Per Month? ", "output": "The regular Medicare Part B premium in 2013 is $ 105 per month and that is what most Medicare beneficiaries will pay . Wealthy seniors -LRB- as defined by Congress -RRB- will pay a surcharge -LRB- higher premium -RRB- . If you are single and your income exceeds $ 85,000 -LRB- $ 170,000 for married filing jointly -RRB- you Part B premium in 2013 will range from $ 147 to $ 386 per month . "}
{"input": "Will Home Insurance Pay For A New Roof? ", "output": "Most homeowners insurance policies will pay for damages to your roof as long as it is caused by a covered peril ; however , some companies will only give you ACV -LRB- actual cash value -RRB- which is a depreciated amount rather than RC -LRB- replacement cost -RRB- . Contact your insurance agent so they can go over your policy with you . "}
{"input": "Will Home Insurance Pay For A New Roof? ", "output": "Your homeowner 's insurance will pay for a new roof if the claim you submit is covered under the policy . For example , fire , heavy wind , tornado , and other weather-related claims are typically covered . However , the normal wear and tear of a roof is not a situation where you can submit for a claim . "}
{"input": "How Much Auto Insurance Do I Need In New York? ", "output": "The state of New York requires that you carry liability coverage of at least $ 25,000 per incident with a $ 50,000 maximum and $ 10,000 in property damage . If you have a loan on the care you are insuring , you will also need to carry comprehensive -LRB- collision -RRB- coverage as per the terms of your loan . This requirement comes from the bank that issues the loan and has nothing to do with the state of New York . "}
{"input": "What Is The Medicare D Donut Hole? ", "output": "The Medicare Donut hole describes the phase in your medications where you have depleted the $ 2880 which is the basic benefit that is covered by your Part D plan . Medicare is scheduled to phase out the donut hole starting in 2014 which will be good news to the individuals that have high prescription drug costs . I hope you are aware of the savings available to you by having your doctor give you a 90 day prescription and then you using the mail order capabilities in your Part D plan . In some companies , like Humana , this savings can be significant "}
{"input": "How Much Is Life Insurance? ", "output": "Life insurance costs can be extremely different from one person to another . The biggest impact is the age you are being insured TO . For that reason , If you are age 40 and buying 30 year Term life insurance , your premium could be higher than a 50 year old person of the same health who is buying a 10 year Term policy . Of course , your health , tobacco usage , gender , and other factors enter into what premium you will pay , as well . You can review quotes for someone of your age and other factors by visiting a website with instant , free life insurance quotes . "}
{"input": "How Much Is Life Insurance? ", "output": "Video Transcript : Today 's question is , `` How much is life insurance ? '' Well it depends on if you 're buying term insurance or you 're buying permanent insurance . It depends on your gender . It depends on your age , your smoking status . It also depends on your medical history as well as the exam results when you apply for insurance . Remember , keep in mind that also if you have any vocational hazards that could be an issue as well and part of the factor that comes in with pricing your life insurance premium , as well as you may have recreational issues like rock climbing or maybe scuba diving . Those also will come in and incorporate into a price tag to figure out how much we 're going to have to spend on life insurance to cover the death benefit amount that you 're looking for . "}
{"input": "Is A Pension Plan A 401K? ", "output": "A traditional pension plan of the past was generally a defined benefit plan that distributed a fixed payment until the death of the pensioner . A 401 -LRB- k -RRB- is a defined contribution plan under ERISA , the Employee Retirement Income Security Act of 1974 , with distributions based on the performance of the portfolio . In 2013tThe 401 -LRB- k -RRB- plan contributions can be as high as $ 17,500 . "}
{"input": "Does Life Insurance Go To Pay Debts? ", "output": "When a beneficiary is paid under a life insurance policy , the proceeds paid under that policy belong to that beneficiary . The beneficiary is then free to use that money as they see fit . It can pay debts , buy a house , pay for college loans , or their own retirement . It is also tax free under current laws . Thank you . GARY LANE "}
{"input": "Does Life Insurance Go To Pay Debts? ", "output": "Life insurance proceeds paid to your named beneficiary are not attachable by creditors nor are they taxable . Your beneficiary is under no real obligation to use the proceeds to pay any of your debts , however , generally speaking , Life Insurance planning and the resulting policy protection is put into place to solve problems like this at the time of death . As an example , if you have a $ 250,000 mortgage , and you want your family to be able to stay in your home without that mortgage , then the proceeds can and rightfully should be used to pay off the loan , as that was your intent for your family 's security . "}
{"input": "Does Life Insurance Go To Pay Debts? ", "output": "Yes , Life Insurance can go to pay debts . The purpose of Life Insurance is to relieve financial stress which your heirs or beneficiaries will endure . Life Insurance provides the opportunity to help those you care about or to protect you business from undue financial expenses or replacement of income . When you decide to get Life Insurance , it is important to figure out how much you want to leave . One way to think about this for loved ones is to decide how much do you want them to have annually or monthly and for how long ? Does there need to be some immediate monies to pay for final expenses ? This is a good exercise to get you started . "}
{"input": "Does Life Insurance Go To Pay Debts? ", "output": "Life insurance proceeds dont have anything to do with the estate of the policyholder . They are the tax free benefit paid to the beneficiary . The beneficiary is not obliged in any way to satisfy the creditors of the deceased . There well might be reasons that doing so is a benefit to the beneficiary but there isnt an obligation to do so . For example the beneficiary may decide to retire the mortgage and thereby own the home free and clear ; however , the beneficiary is not required to do that . "}
{"input": "Does Medicare Include Dental Insurance? ", "output": "Medicare does not cover the majority of dental treatment such as cleanings , X-Rays , wisdom teeth removal , extractions etc. . . However , if treatment is medically necessary -LRB- such as hospitalization -RRB- , it is treated differently . However , there some Medicare Advantage plans that will provide benefits . Vision benefits may also be included . Discussing your options with an experienced broker or visiting a reputable national website will often help you understand which plans are best for your specific situation . You can also purchase a separate dental policy since many of the large health insurers offer coverage . There are also dental `` discount '' plans that are rather limited in coverage but relatively inexpensive . "}
{"input": "Does Medicare Cover Rheumatoid Arthritis? ", "output": "Medicare will cover any medically necessary treatment involved in diagnosing and managing rheumatoid arthritis under part B . If a hospital stay is required then Part A would come into play . Any pain medication and prescriptions would be covered under Part D , your prescription drug plan . Over the counter medications would not be covered . "}
{"input": "How Much Renters Insurance Do We Need? ", "output": "If you are purchasing a renters policy to satisfy a landlord , the requirement will be spelled out . If not select the highest possible liability limit in case you are sued . Then , inventory your personal property that will be in the rented unit . Alongside each item estimate the cost of replacing that item . With a sum of the values you will have an appropriate limit for the personal property portion of the renters policy . Now , contact a good insurance agent and trust the agent in this process . "}
{"input": "How Do I Switch Home Insurance Companies? ", "output": "When you switch coverages on a homeowners policy it must be done carefully . Ideally you would apply for coverage with the new insurance company . When the policy is issued the date of that policy becomes the controlling date . Send the policy to your lender and a copy to your previous insurer . In the letter to your previous insurance company ask that the existing policy be cancelled at the same time as the new one assumes coverage . Companies will often supply a notification form . Since many of the homeowners policies are paid by the lender it is important that this be carefully coordinated . "}
{"input": "Do Alabama Employers Have To Offer Health Insurance? ", "output": "Unlike omst parts of the Affordable Care Act , if you are employed by a business with less than 50 full time employees , your employer has the option of offering coverage , but not is not mandated to do so . The health law does not require businesses with fewer than 50 employees to offer health insurance to their workers . Small Employers wanting to offer coverage to employees may do so using the SHOP exchange , which is meant to help small business owners find affordable coverage . The government offers certainincentives in the form oftax credits and deductions to encourage employers with fewer than 25 employees who set up coverage through SHOP and help pay for it . Currently in Alabama , the only way to sign up for a SHOP plan is to go see an agent , broker or insurance company and fill out the paperwork . Online enrollment is scheduled to be available during next fall 's open enrollment period , starting November 15 , 2014 . "}
{"input": "What Is The Difference Between Medicaid And Medicare? ", "output": "Medicare is a Federal program available to all persons age 65 and over or who are on Social Security Disability who have paid into the program while working . It provides Medical Coverage . Medicaid is a program designed for people with low assets and income . You must qualify in these two area 's to receive Medicaid . It is designed to pay for things like Long Term Care , and Medicare Deductibles and copay 's . It can also help pay for other items not normally covered by Medicare . "}
{"input": "How To Learn Annuities? ", "output": "An annuity is a promise to provide a lifetime of payments -LRB- usually monthly -RRB- in exchange for a single deposit . The actuary determines from life expectancy tables the estimated payout and after adjusting for interest the premium is set . This is a single premium immediate annuity . There are a variety of modifications of this basic concept and they involve the accumulation period . If instead of a single payment , you want to make a series of payments these different plans offer different approaches . An annuity has the advantage of accumulating money with the income tax on the earnings being deferred . "}
{"input": "What Is PS 58 Cost For Life Insurance? ", "output": "The PS 58 tables were an IRS provided table of one-year term premiums used to valuate the economic benefit of life insurance protection in split dollar and qualified plans for income taxation purposes . The additional value of coverage is deemed an extra benefit for income tax purposes . We currently use the IRS provided 2001 tables . "}
{"input": "Why Should I Get Long Term Care Insurance? ", "output": "You should seriously consider long term care insurance -LRB- LTCi -RRB- if youre proceeding generation has critical care history based on family illness . At the other end of the spectrum , your family may have a disposition for longevity , which could result in extended care needs . But for everyone , who is planning for retirement , long term care insurance is a defensive planning strategy to protect assets from medical bills and extended care . The average married couple will spend $ 250,000 on medical bills and extended care . "}
{"input": "Who Should I Get Life Insurance With? ", "output": "You should get life insurance with an agency you trust , first of all . If you have a health condition , you can save a lot of frustration and money by using someone who specializes in life insurance for your type of health . It is handy to use a broker who can shop a lot of companies from one spot , as it can be very confusing to compare policies when they all have different features . Ask about their customer service , too , as you will want to work with this agency in the years to come . "}
{"input": "Who Should I Get Life Insurance With? ", "output": "The key to buying life insurance is selecting an agent . Through referrals find an agent that will listen to you , provide solid financial advice and communicate clearly with you and the insurance company . This agent should help you determine the amount of life insurance that you need today and arrange a plan that uses permanent and term insurance to meet your needs in the future . "}
{"input": "Who Should I Get Life Insurance With? ", "output": "You should seek out a competent and patient agent . Someone who is willing to listen , not just talk . You should seek a large , well established and respected , highly rated company . Check the financial records of the companies on line . You want a company that pays claims quickly and fairly . Not a firm that will challenge and delay payment on claims . I am proud that I work as a Registered Representative with New York Life . Please give me a call with any questions . Gary Lane , 949\u00a0797\u00a02424 . Thank you . "}
{"input": "Why Do People Purchase Annuities? ", "output": "Assuming youre addressing non-qualified annuities , people purchase annuities for a variety of reasons : tax deferral , lifetime income you cant outlive and interest rates that beat the bank . But you first need to establish a personal financial profile that includes a risk tolerance assessment , defined financial goals , an estimate of your life expectancy and a determination of your effective tax bracket . This will assist you in your product suitability self-examination . The higher the effective tax bracket rate , the more you should explore annuities . The power of tax deferral can be significant over many years . "}
{"input": "Does Medicare Cover Omeprazole? ", "output": "Medicare covers omeprazole , or its brand name Prilosec , through Medicare Advantage Plans or Medicare Part D . Some plans put a limit on how many omeprazole or Prilosec tablets can be taken within a certain time period . It is also approved as step therapy for Acidfex , or after that , for Nexium . "}
{"input": "What Does Medicare Cover In Massachusetts? ", "output": "Medicare covers the same basic health care in Massachusetts as in the rest of the country . Part A covers hospitalization , home health , hospice , and some nursing home care . Part B covers outpatient care , medical equipment , some therapy , some prescription drugs , and misc other services and items . Medicare Part D covers prescription drugs . Medicare supplement plans cover some of what Medicare Part A and B does not . "}
{"input": "What Does Medicare Cover In Massachusetts? ", "output": "The main difference between Massachusetts and other states is in the Medicare Supplements . While most other states have ten or eleven options for supplements , Massachusetts has only two . The core supplement covers Medicare Part A and B coinsurance after you meet the yearly deductible and supplement 1 covers the deductible as well . "}
{"input": "Who Is The Best Company For Life Insurance? ", "output": "There is a list of consumer check points youll want to consider along the discovery process in selecting a life insurance company . 1 -RRB- There are six rating services . Some measure financial stability , others claims paying ability . 2 -RRB- The policy generally has two sets of rates , current company practice and contractual guarantees . 3 -RRB- There are several spreadsheets posted on brokerage web sites that rank premium pricing , so you can an idea what the best cost is . 4 -RRB- There are three basic planning aspects to life insurance . No one company dominates these planning categories : indemnification , income and inheritance . 5 -RRB- Your health will be assessed during the due diligence process . Several companies are known for their benevolent underwriting practices which can result in a significant savings . You have to shop these five check points to ensure the best deal tailored to you . "}
{"input": "How Can I Compare Renters Insurance Quotes In Wisconsin? ", "output": "Obtain quotes from an Independent Insurance Agency . Their agentshave the opportunity to quote you with several different carriers and can let you know which carriers are most competetive and what type of coverage they offer . Be sure to find a Trusted Choice Agency . Check out : WEBSITELINK "}
{"input": "What Is Voluntary Supplemental Life Insurance? ", "output": "Voluntary supplemental life insurance is traditionally a group life insurance plan offered to employees or group members of some group organized for some purpose besides purchasing life insurance . Employees or members of the group have the option to buy life insurance , generally on a guaranteed issue basis , to supplement other life insurance coverage that they presently have . "}
{"input": "Who Invented Life Insurance? ", "output": "There is a bit of debate here , but most assign the first operational actuarial life expectancy table to the famed astronomer , Sir Edmund Halley of Halley comet fame . But Sir Edmund was also a brilliant mathematician and the basis of his actuarial table , as crude as it may appear today , is still the basic foundation for ultimately pricing life insurance itself . "}
{"input": "What Is Good Renters Insurance? ", "output": "Good renters insurance pays a claim to the greatest extent possible and makes you whole when you suffer a loss . This is true whether it is loss due to fire , or loss due to lawsuit . Good renters insurance also meets the requirements of your landlord . The place to buy good renters insurance is from a trusted insurance agent . This agent will listen to you , provide sound financial advice , and communicate clearly with you and the insurance company . Premium is a secondary consideration . "}
{"input": "Does Homeowners Insurance Cover Furnace Repairs? ", "output": "Possibly if you have an endorsement on the homeowners policy for equipment breakdown . Equipment breakdown policies will not provide coverageif the equipment war not maintained properlyalong with other exclusions.Please read your policy completely to know what coverage is provided and what exclusions may be contained within or contact your local agent to have them go over the policy with you . "}
{"input": "Does Geico Have Life Insurance? ", "output": "Geico is really two entities . One is the insurance company that provides auto and vehicle coverage . The other is the Geico insurance agency . They are simply like any other independent agency in that they represent other companies through which they place insurance . This is what Geico does with life insurance . If you purchase life insurance with them , it will be placed with a different company . That does n't necessarily make it bad . It 's most likely a company that many independents write through . My advice is to find the right agent . One you can trust to do the best thing for you and your family , not just the cheapest option . Then listen to him/her and take their advice . You 'll come out ahead in the long run . "}
{"input": "Can Non Citizens Buy Health Insurance? ", "output": "You do not have to be a US citizen to purchase health insurance . Most carriers do require a Social Security number as part of the application process , but you can also use a federal ID number that is part of your visa . To purchase health insurance you must me a legal resident of the US . "}
{"input": "What Is The Average Cost Of Home Insurance In Nebraska? ", "output": "Home insurance rates depend on many factors and in the state of Nebraska rates have increased for most companies since 2008 . There has been a higher rate of hail events in the state and many companies have felt the effects and raised deductibles and prices . That being said there are many companies that do have great policies and rates and my recommendation is to call a local agent and get quotes . An independent agent will have multiple companies to shop for you to find the right fit a captive or one company agent will only have one or thier appointed company to quote for you . The size of the home , credit , claim history , discountsand area are all factors that contribute to the rate so that is information the agent will want . I would love to throw prices out there to you but if you are asking for an average and this is my opinion it is about $ 1200 a year . Of course I have many clients with lower and higher premiums depending on the factors I listed above . Please give us a call or shout if you have any more questions my staff and I would be happy to help answer any questions . "}
{"input": "What Is Life Insurance Buy Back? ", "output": "If this is referring to the buy back option for Life Insurance in Australia and New Zealand , it means that you can restore a bundled policy the original face amount , even after using part of the benefit for Total Permanent Disability -LRB- TPD -RRB- or Trauma . "}
{"input": "Does Walmart Have Disability Insurance? ", "output": "This article lists the benefits offered to full time Walmart employees : WEBSITELINK . There is a provision for short and long term disability insurance coverage with the health plan benefits offered by Walmart . Full time Walmart employees are called Walmart Associates and these benefits are extended to Associates . "}
{"input": "How To Get Insurance On A Car? ", "output": "Do you need to get insurance on your car ? Here 's the easiest way to purchase coverage at the lowest available rate . You 'll save hours of time and receive unbiased assistance to help you through the process . Contact an experienced broker and their website and get a free quote . Let decades of experience work for you ! That was easy ! LIVE answer provided by : Ed Harris - Premier car insurance broker for 33 years and owner of several of the nation 's top-rated websites offering the lowest available rates to consumers . "}
{"input": "How To Get Insurance On A Car? ", "output": "To get auto insurance call a trusted insurance agent . If you dont already have an agent , ask a friend , colleague or neighbor for a recommendation . A good agent will listen to you , provide solid financial advice and communicate clearly with you and with the insurance company . The agent will need to know the names of all the drivers in your household , the year make and model of the vehicle you want to insure , the driving record of all the drivers -LRB- to the best of your knowledge -RRB- and how many miles you intend to drive the car . If you can provide the agent with the VIN it will facilitate the quoting process . "}
{"input": "Which Company Should I Choose For Renters Insurance? ", "output": "That is really up to you . In general , choose the coverage that best suits your particular situation at a fair price that you are willing to pay . Whatever company provides that , be sure to take time to talk to your insurance professional about the financial standing of the company and also about the coverage and discount options available . "}
{"input": "How Do You Get Health Insurance With A Pre Existing Condition? ", "output": "Can you get health insurance with a pre existing condition ? Well the answer used to be complicated base on where you lived as each state approached this issue differently . Some states would provide coverage through guarantee issue and others used a high risk pool and still others let you go without coverage . The ACA changed that at a Federal level so all states now are guaranteed issue states so a person with a pre existing condition should be able to find coverage . "}
{"input": "How Do You Get Health Insurance With A Pre Existing Condition? ", "output": "Great question ! Thanks to the affordable Care Act -LRB- Obamacare -RRB- , insurers can no longer exempt you for having a pre-existing condition . Unfortunately open enrollment is over for the year , and unless you have a qualifying event , you may have to wait until the fall enrollment period . -LRB- there are some companies that will sell a sort of temporary coverage , but they can be fairly pricey -RRB- Go to the www.heathcare.gov website at that time , and look for a policy that fits you . You may even qualify for help in paying for the costs of the policy ! If you need help , take a moment and contact me , I 'm happy to help you walk through it . Thanks for asking ! "}
{"input": "What Type Of Retirement Plan Is PERS? ", "output": "A PERS -LRB- Public Employees ' Retirement System -RRB- plan is a defined benefit plan -LRB- DBP -RRB- specific to eligible state agencies , higher education and government employees.Typically there areseveral plans offered and have definitive enrollment periods . Contact your plan administrator for the options available specific to your job function and location . Sheryl Brown / @AshBrokerage "}
{"input": "What To Look For In A Life Insurance Policy? ", "output": "The three big concerns : Affordability , proper coverage , good customer service/reliability . Beware of anything that seems too affordable , promises a large amount of coverage for very little , or unanswered calls or emails . Shop for insurance like you would for a car , one that fits your needs and budget , and that you are proud to be seen with ! "}
{"input": "What To Look For In A Life Insurance Policy? ", "output": "1 -RRB- Decide on that term -LRB- length of coverage -RRB- . It should be long enough to see your kids grown and through college -LRB- 20 -25 years , is typical -RRB- and major debts paid . 2 -RRB- Determine the amount of coverage . Use an online insurance needs calculator . There is one that is thorough and easy to use at WEBSITELINK Once you 've decided on term and coverage ... 3 -RRB- Comparison shop . There is a big difference between costs from insurer to insurer . Again , visit a site where you can get term life insurance quotes from most of the top insurance companies . 4 -RRB- Talk to an agent . They can often get you an even lower price , especially if you have complicating factors -LRB- health , age , other needs -RRB- . "}
{"input": "What To Look For In A Life Insurance Policy? ", "output": "The life insurance policy at purchase should meet your personal unique needs . Isthe face amountadequate to cover my loved ones financial needs such as debt , income replacement or for a business the key person 's value to the company ? If cash value plans does it meet the retirement goals you were aiming for ? Once the policy is purchased the components of the policy to look for are , first the declaration page . This is one of the first pages of the policy and is a summary of coverage . the death benefit , premiums paid , terms and dates concerning your coverage . Next look for the illustration pages . These pages explain any cash value building in your policy or if term the guarantee lengths of premiums and any future rate increases . Lastly find the terms and conditions page . This page explains any exemptions , waivers or riders on your policy . Your loved ones should not be surprised at an untimely death that a benefit is eliminated or reduced . Always seek advice of a professional broker to avoid any unexpected issues . "}
{"input": "What To Look For In A Life Insurance Policy? ", "output": "A life insurance policy should meet your financial goals at a cost you can afford . Because of the complexity of the different types of plans available , and possible adverse tax consequences if the wrong decision is made regarding withdraws or a surrender , it is vital to work with an experienced broker . We compare , advise , and shop for our customers , and simplify the buying process . However , proper financial planning is not simple , and requires careful and comprehensive review . "}
{"input": "Is Life Insurance Cash Value Protected From Creditors? ", "output": "Whether life insurance cash value is protected from creditors depends on what state the policyholder resides in . In the state of our home office -LRB- Arizona -RRB- , 100 % of the cash value of life insurance is protected from creditors when the policy has been in existence over two years and the beneficiary is a family dependent . In my home state of Nebraska , only $ 100,000 of the cash value is exempt . "}
{"input": "Is Life Insurance Cash Value Protected From Creditors? ", "output": "In Canada , policies with a beneficiary in the preferred class -LRB- spouse , child , grandchild and parent -RRB- are afforded creditor protection against bankruptcy . If the beneficiary is the estate then there is no creditor protection . Since there are situations where you would not be covered you should contact your lawyer to be certain . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "How Do I Get Auto Insurance Without A Vehicle? ", "output": "In Montana you get what is called a Non - Owned policy this is for liability only and will not repair the car that you are driving so if you are driving a friends car and wrecking it cover damage done to others but nothing for your friends car . Now in Montana also the insurance follows the car 1st so if you borrowed your friends car and got into an accident then their insurance covers it first then you insurance 2nd in many cases their insurance will collect what they paid from your insurance carrier . I have many clients that have this coverage because they ca n't afford a car . As stated by the last person that usually it is because the courts require it if you have had problems with your driving record . This is not always the case many of my clients have great driving records but own no car . "}
{"input": "How Do I Get Auto Insurance Without A Vehicle? ", "output": "Yes you can get auto insurance without a vehicle . This is called non owned auto coverage . The use of this type of coverage is primarily for people who had problems with their drivers license and the court is requiring insurance in order to obtain the license back . This does not mean this has to be the issue but is just the primary reason why non owned auto is purchased . "}
{"input": "Does Life Insurance Cover Skiing? ", "output": "Yes , life insurance covers skiing . If you are a recreational skier , there will not be any difference in your price than if you did not ski at all . Your policy would pay whether death occurred by illness or accident , even it it was a skiing accident . Your rate might be higher or the skiing might be excluded if you are a professional skier or participate in ski racing . "}
{"input": "Does Life Insurance Cover Skiing? ", "output": "Awesome question . With most , if not all life insurance application forms , one question in particular asks if you plan on doing any dangerous sports within a certain amount of years . Typically that would be a decline if you do plan on participating in these types of sports . "}
{"input": "Does Life Insurance Cover Skiing? ", "output": "If you are the beneficiary of a life insurance policy , you may spend the proceeds any way you wish ! If you are the insured and truthfully answered ALL questions asked during the application and any required medical exam processes , then yes , your policy would pay your beneficiaries following your demise in a skiing accident . However if you were not forthright in your respones , your beneficiaries could be left with no more than a refund of premiums paid . Honestly is the best of all policies ! "}
{"input": "Does Renters Insurance Cover Electrical Damage? ", "output": "If electrical equipment inside your unit is damaged as a result of a power surge or interruption that originates outside the unit , that damage is specifically excluded . If there is a fire that causes electrical damage , that damage would be covered . If an electrical appliance inside the unit catches fire and damages part of the unit or your personal property , that would probably be covered . "}
{"input": "What All Does Rutgers Health Insurance Cover? ", "output": "Rutgers health insurance -LRB- presumably -RRB- has a student plan option where you can purchase medical coverage at a reasonable rate . There also may be limited underwriting , although the Network may not be national . You should compare this option with your existing coverage -LRB- if you have any -RRB- . A local experienced broker is the best resource . Go Scarlet Knights ! "}
{"input": "What Are The Different Types Of Renters Insurance? ", "output": "There is really only 1 renters policy . However , the coverage included can vary . Some policies are written on an Actual Cash Value basis , where other policies are written on a Full Content Replacement basis . Let me explain the difference . Let 's say you went out and bought a brand new TV that cost you $ 1000 today . Three years from now , it gets damaged and you submit a claim under your Renters policy . On the Actual Cash Value policy , the claim adjuster would look up the make and model of your TV , and find that it is no longer selling for $ 1000 . That model now sells for $ 400 . But the $ 400 would be for a brand now unit out of the box , where your TV was 3 years old , so they further reduce the claim based on depreciation . You 're left with $ 250 - and you still need to pay your $ 100 deductible . Not a good day . With Full Contents Replacement coverage , the claims adjuster looks at how much you spent on the TV , not the make and model , and your claim is processed for $ 1000 -LRB- minus your $ 100 deductible -RRB- . And since technology has improved over the past three years , you now have the choice to purchase the same TV you had -LRB- which is selling for only $ 400 now remember ? -RRB- or purchase a better TV with better features than the one that was damaged . Not a bad day at all ! Although the Actual Cash Value policy will cost less , you wind up getting less in the end . Remember , just because one policy is cheaper than another , does n't mean it 's a better deal . Always consult with a licensed , professional insurance agent to help determine which policy is best for your needs . "}
{"input": "Who Are Annuities Right For? ", "output": "Every product purchase has a value proposition to assess . All savings and investment products should have a determination process to qualify as suitable for purchase by the saver or investor . Non-qualified annuities , whether fixed , indexed or variable , are no exception . A personal financial profile that includes a risk tolerance test , financial goals , effective tax bracket and a life expectancy report is necessary to establish the type of annuity that should be purchased . "}
{"input": "Who Are Annuities Right For? ", "output": "There is no one correct answer to this question . It depends on the reason for the annuity since annuities can be a tool for a number of situations . The most common is use as a retirement funding tool . Annuities are a safe way to accumulate money fore retirement and provide a guaranteed life income . They can be used by those who do not have the resources to risk the market losses from stocks and other investments . They can also be used as a cushion or safety net for other investments by those who have resources to invest but do not want to risk losing their entire portfolio . Never use any long term investment as your sole savings vehicle . Make sure you have the priorities first . These are liquid savings of at least three to six months and a solid life insurance portfolio in case you do not live long enough to meet your retirement goal . Then , based on your situation you can diversify into a combination of safe and risky investments . "}
{"input": "Who Are Annuities Right For? ", "output": "An annuity is designed for a person who needs to have a guaranteed life time income . An immediate annuity solves this problem quickly and efficiently . Because the gain inside an annuity is not taxable prior to distribution , it can also be used to accumulate money on a tax deferred basis . There is a wide selection of IRAs that vary in safety and yield . These can be used in IRAs , Roth-IRAs , and many other tax qualified plans . Annuities can also be part of savings plans outside tax qualified plans . The key to an annuity in the accumulation phase is that it is a long term investment . It is not designed for short term objectives . "}
{"input": "How Is Renters Insurance Different From Homeowners Insurance? ", "output": "A renters policy is similar to a homeowners policy except that there isnt any coverage for the residence . If you are renting a house and it burns to the ground , your landlord is responsible for rebuilding the house , not you . If your contents are destroyed in the same fire , you are responsible for the contents -LRB- personal property -RRB- not the landlord . "}
{"input": "Who Issues Annuities? ", "output": "Term certain annuities are sold by a number of financial institutions including insurance companies , bank and trust companies . As the name implies , in exchange fora lump sum premium you receive an income for a specified term Life annuities are sold only by life insurance companies . As the name implies in exchange for a lump sum premium you receive a guaranteed income stream for the rest of your life . These type of annuities are available on a joint life basis and can have minimum guaranteed payout . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me.If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Who Issues Annuities? ", "output": "Annuities are issued by life insurance companies . Annuities are a contract between the person obtaining the annuity and the life insurance company that offers it . The annuity is protected by the many regulations that life insurance companies must hold to in order to stay in business , and in to stay in the good graces of rating companies . "}
{"input": "What Is The Best Age To Buy Life Insurance? ", "output": "The best age to buy life insurance is the age that you need it . Did you get just married or have a child ? Your family will most likely need to have some sort of financial protection if your life would tragically be cut short . Did you buy a house ? Life insurance could pay off your mortgage if you passed . Do you need some funds to be easily accessible to your family to pay for your funeral ? You can buy life insurance for that , even if you are over 70 years old . Prices are lower while you are younger , but not enough people recognize their need for life insurance until they are older . The good news is , there are policies available at almost any age . So rather than think your best time has passed , go ahead and purchase life insurance if you need it . When you need it , now is the best time . "}
{"input": "What Is The Best Age To Buy Life Insurance? ", "output": "The best age to buy life insurance is as young as possible and as soon as you need it . Life insurance premiums are based on health and age , so the younger you are , the lower the premium will be . Buying at a younger age also guarantees your insurability . If you encounter a serious medical condition , you wo n't have to worry about qualifying for life insurance if you already have it . "}
{"input": "Can I Be On Someone Else's Car Insurance? ", "output": "Yes , if you are a blood relative or under legal guardianship -LRB- if you are a minor -RRB- and reside in the same household as the insured you can be added to the family members policy if they wish to do that . If you are not a blood relative and you reside in the same household as the insured some carriers will allow you both to be on the same policy . Contact a local agent to find out about coverage availability and pricing in your area . "}
{"input": "Can I Be On Someone Else's Car Insurance? ", "output": "This may be possible if you reside at the same address as the policy holder and are a blood relative or if you are domestic partner to the insured . All persons within a particular residence that are blood related typically can be listed on the auto insurance policy if the primary insured wishes to make that happen . Contact a local agent to discuss your coverage concerns and to find out about coverage availability and pricing within your area . "}
{"input": "Does Ameriprise Offer Life Insurance? ", "output": "Ameriprise Financial Services , Inc does not offer life insurance , but is affiliated with two companies that do offer life insurance . Those companies are RiverSource Life Insurance Company and Riversource Life Insurance Company of New York . The products they offer are Term Life , Universal Life , and Variable Universal Life Insurance . "}
{"input": "What Is The Oldest Life Insurance Company In America? ", "output": "Theres some debate here , but the historical records seem to agree on Presbyterian Life , a fund for ministers , was the first stock company . The first mutual company in the U.S. is the venerable New England , now part of the mighty Metropolitan . Many companies formed around religious groups or trade consortiums . "}
{"input": "At What Age Does Life Insurance Stop? ", "output": "Life insurance coverage stops on the expiration date of the policy or your death , whichever occurs first . Setting that expiration date is very important . Actuaries determine the risk of a person of a certain age dying within a certain period . As you grow older that risk increases a great deal . That risk is the basis upon which the expiration date and premium are set . "}
{"input": "At What Age Does Life Insurance Stop? ", "output": "Great question ! The answer depends on your policy . If your policy is a term policy , it is the end of the stated term -LRB- and please be careful - many people buy life insurance from the TV ads they watch , and are so dazzled by the $ 19 a month graphic that they miss the `` term to age 80 '' part . If you buy that insurance , and live to be a day over 80 , you are going to have problems ... -RRB- . You can renew those policies after they end , but they will become very expensive very quickly . A Whole life policy will last as long as you do , they are going to cover you as long as you keep the policy in force . Other policies , like Universal life , will have a guaranteed period , and as long as they are well funded , will last as long as you keep it in force . If you have more questions , feel free to contact me , I 'm happy to help . Thanks for asking ! "}
{"input": "At What Age Does Life Insurance Stop? ", "output": "A policies end is determined by the policy it is , term or whole life . Term insurance comes in 10,15,20 , or 30 year level term and can be renewable for the same amount at the end of the term period . While whole life is , as it states , for a person 's whole life . The problem though with whole life insurance is that it is much , much more expensive than term thus , making it unaffordable to carry the correct amount of insurance that a family needs . Because a family needs the most protection in the early years when their debts are the highest , children still at home , there is still mortgage , and income replacement is needed the only way to accomplish this is through term life insurance . As time goes on when debts are eliminated , mortgage paid , and retirement income is needed the need for life insurance is eliminated or at least lessened to the point of the need of a burial policy only . As assets increase along with retirement savings your family will have enough to live on and certainly enough to bury you . The key is proper planning . "}
{"input": "What Is Transamerica Life Insurance Company? ", "output": "Transamerica Life Insurance Company is owned by AEGON Group . The company offers Term and Permanent life insurance policies along with Long Term Care Insurance and other products . To find competitive quotes for Transamerica and many other life insurance companies , visit a website that provides instant life insurance quotes to compare prices . "}
{"input": "Is Osteopathic Treatment Covered By Medicare? ", "output": "Osteopathic treatment is usually covered under Medicare Part B . If the underlying condition being treated is considered medically necessary , your treatment plan is also covered . Doctors of Osteopathy are licensed to practice traditional medicine and surgery , but some also rely on manipulation of the spine and joints . Sometimes the manipulation is part of a routine regiment and is not treating a specific illness and may not be covered . "}
{"input": "How Long Is The Free Look Period For Annuities? ", "output": "The free look period for annuities varies according to the state in which you live . Variable annuities normally have a free look period of `` at least 10 days '' , according to the SEC . The free look period for fixed annuities is the same number of days as the free look period for life insurance products , in some states . Contact the carrier through which your annuity was purchased to find out the free look period for your annuity in your state . "}
{"input": "What Is Farmers New World Life Insurance? ", "output": "Farmers New World life insurance company -LRB- commonly seen as Farmers Insurance -RRB- is one of the thousands of insurance companies in the insurance marketplace . When you 're looking at purchasing life insurance , it 's important to look at multiple carriers because they all feature different rates , some will feature better rates for certain types of products than others , offer volume discounts -LRB- e.g. rate discount at certain increments of coverage such as $ 250,000 , $ 500,000 , $ 1,000,000 , etc. -RRB- , and respond differently to medical histories and conditions . In short , the carrier that will work best for you program may be different than the carrier that will work best for someone else because we each have our own needs and budgets . Doing the research on your own can be extremely time consuming and you may not always find the information you 're looking for . Independent life insurance brokers have an extensive knowledge of the subject matter and know the differences between products that are available in the marketplace . Consulting with an experienced broker is always a great first step when looking for coverage . We will help you determine what an appropriate benefit structure is for your needs and budget , and help you through the process of securing the coverage from start to finish and beyond . Please feel free to contact me for further assistance . Thanks very much . "}
{"input": "Does Auto Insurance Cover Off Road Accidents? ", "output": "As long as you have coverage in your auto policy for physical damage to your car -LRB- Comprehensive and Collision -RRB- and Liability , should anything happen that is a covered loss whether on a public access road or highway or `` off road '' as you suggest , then your personal auto policy will provide protection . All of the terms and conditions in the policy would apply including a deductible for damage settlement to your car so it is important to talk to your Insurance Professional about these in order to maintain a solid understanding of the protection that your policy provides to you and your family . "}
{"input": "Does Auto Insurance Cover Off Road Accidents? ", "output": "There isnt anything in the standard policy that limits coverage to roadways . You may find that your insurance company will be reluctant to renew coverage if your are driving your car on boulders to demonstrate that you can do it . I suppose the same could be said if your are jumping your car from ramp to ramp over a line of buses . "}
{"input": "Which Pension Annuity Is Best? ", "output": "All product lines may have certain policy provisions that are nuanced enough to be distinctive from their competitors . But an annuity purchase should be based the product suitability as it relates to the potential annuity buyer . Product suitability is established by developing a personal financial profile that includes a risk assessment , financial goals and their projected timelines . There is no best pension annuity for retirement until the retiree is vetted for a product solution . "}
{"input": "Why Do We Have Medicare? ", "output": "We have Medicare because President Johnson wanted a legacy similar to FDR . Prior to Medicare health insurance for those 65 and older was difficult to find and was pricey . Only a handful of companies wrote health insurance on seniors . Medicare made `` universal '' health care possible for those 65 and older . Premiums are heavily subsidized by active workers . "}
{"input": "Why Do We Have Medicare? ", "output": "It was designed to allow everyone to chip in and help the elderly afford health care that they otherwise would not receive . It is unfortunate that so many of the retirees -LRB- there are about 10,000 seniors turning 65 every day -RRB- are unprepared for retirement , or are finding that an unexpected illness requiring long term care has eaten away at what was to have been their retirement fund . Without the safety net of Medicare , they would either have to do without , or receive what free care was available . -LRB- And by free , I mean paid for by all the rest of us through higher hospital and doctor fees , because you know they are n't charities . -RRB- It is a sad truth that approximately 60 % of worldwide bankruptcies are cause by medical emergencies . -LRB- Even with health insurance . -RRB- If you would like more information , please contact me , I 'd be happy to give you more detail , Thanks for asking ! "}
{"input": "When To Buy Term Life Insurance? ", "output": "Term life insurance should be purchased in several situations . The most obvious is when the protection needed is for a definable period of time such as a loan or other obligation . It is also appropriate at when starting a family where the amount of protection is large , but usually affordable due to the applicant 's young age . Of course , each situation is different and should be discussed with an agent who can give suggestions on what type of coverage is appropriate . "}
{"input": "When To Buy Term Life Insurance? ", "output": "Term life insurance is appropriate in many situations . It is primarily used to create an instant estate in a sudden or unexpected death of an income earner or someone that would incur debt . Term life insurance is used to payoff a certain debt , educate minor children , payoff business debt , financially replace a key employee or business partner or replace income for a family . It can be bought for a period of time and is by far the most affordable option in life insurance . "}
{"input": "When To Buy Term Life Insurance? ", "output": "You can buy Term Life Insurance at almost any age . It is more difficult to find Term policies that cover children and the aged , because permanent policies are the preferred type of coverage for those age groups . For persons aged 20-80 , you can buy Term Life Insurance whenever the need arises . The younger you are , the less it costs , all other things being equal . "}
{"input": "Can Someone With Lupus Get Life Insurance? ", "output": "Yes , someone with lupus can get life insurance . While the most common , Systemic Lupus Erythematosus -LRB- SLE -RRB- is generally considered the most serious type of lupus . Mild systemic lupus that has been effectively controlled or in remission for several years can be rated Standard by some carriers . If there have been recent flare ups , the policy could be table rated or you may have to use a No Exam option . But there are options available . Other types of lupus than SLE will not have a significant impact on life insurance rates . "}
{"input": "How Long Can I Carry My Child On My Auto Insurance? ", "output": "As long as your child is driving your car or a car titled to you , you can keep your child on your insurance . Once your child purchases a car in your child 's name that child must purchase their own insurance . There is no age requirement , it is based on who owns the car , you or your child . "}
{"input": "How Long Can I Carry My Child On My Auto Insurance? ", "output": "Depending on your state and carriers guidelines . There is not an age limit but with most carriers when you sign an application you are stating that you have listed all the drivers who have regular use of the car and live in the household listed on the application . In Montana id you give someone permission to drive your car they are covered on your policy unless you have them excluded then there would be no coverage . There also in a scenario that you would want your child on the policy . example would be Your child purchased a car but needed you as a co signor and the title is in both your names even though your child is not living with you and they are paying for the car but your name is also on the title then you could have the car and your child listed on the policy there are many options out there for your case . I recommend you talk to a local agent and they can tell you what works best for you and follows the carriers and state guidelines . If you are unfamiliar with your coverage then an agent might be a better choice for questions rather then an online carrier only . "}
{"input": "How To Determine Life Insurance Need? ", "output": "That is an excellent question ! There are a lot of different thoughts on the answer . I always ask two questions , and one used to drive my uplines crazy , but I always believe client over profit , so I ask . The first is what do you want it to do ? The second is what can you afford to spend ? It is all well and good to want a million bucks worth of insurance , but if you ca n't swing the premium payments , then it is n't realistic.We look at what you can safely afford to spend , and then we get the maximum amount of insurance for that amount . If that amount only covers the funeral expenses , it is still a gift of love to your family . If it gets your family financially set , that 's even better . Please contact an agent that you can trust and have them help you . If you would like help , please feel free to contact me , okay ? Thanks for asking ! "}
{"input": "How To Determine Life Insurance Need? ", "output": "It is difficult to determine the extent of suffering others will experience when we pass . A breadwinner is important but so is the person caring for children . There will be loss , economic loss , regardless of who dies . It would be wise to have a frank discussion and determine what would happen . I suggest though , that most breadwinners need close to $ 1 million of life insurance . That will produce $ 100,000 of income at current interest rates . "}
{"input": "How To Determine Life Insurance Need? ", "output": "Some say twice salary , some say ten times . They can both be correct . Look at these things : are you married , have kids , are they in college or heading to college , do you own a home , have a mortgage , how much is left on the mortgage . After considering all of these , you will find a number between 2 and 10 times your annual income . That is the number to choose . Talk with your agent . Thank you . GARY LANE . "}
{"input": "How To Determine Life Insurance Need? ", "output": "There are a number of methods used to determine how much life insurance is needed . The simplest method is to multiply a person 's annual income by 10 . Another method is to determine how much income would be needed in the event of the insured 's death in order to maintain the lifestyle of the surviving immediate family including school tuition , etc. . Then based on a percentage of annual gain you feel you can count on by investing , determine the amount needed to invest in order to achieve that needed annual income , minus current liquid assets , and that 's the amount of insurance needed . "}
{"input": "Is Zoloft Covered By Medicare Part D? ", "output": "Yes , Zoloft is covered by Medicare Part D . Some antidepressant medications are not covered by Medicare Part D. Consult your plan 's formulary to see which are covered and which are not , and at what price . The VA also covers Zoloft and the generic substitute for Zoloft , at what they claim is a lower price than Medicare Part D. "}
{"input": "Why Would Someone Need Life Insurance? ", "output": "Once upon a time there was a very rich man . He owned a number of businesses which he had started himself and which he had built himself . Altogether , he employed close to 20,000 people . That means he created opportunities for 20,000 people to support their families and lead their own lives . He understood that he could never have built his business empire without the dedication , hard work , and loyalty of each and every one of those men and women . He took good care of them . He paid them well . Lots of bonuses , lots of benefits . He was very community-minded . He knew that no man , and no family , was an island unto itself . We need each other . We need each other in times of natural disasters , and human tragedy , and family distress . When people lose their job , or get sick , or maybe lose their home , they need a helping hand . He always made sure his hand was ready to give . He took it upon himself to help many , many people . He gave generously to community service organizations . He made sure that families who were suffering had the means to weather the storm and remain together . When people in need came to him , he helped them get back on to their own two feet . He was an extremely dedicated family man . He loved his wife dearly . He was always there for his children . Everything he did was really for them . He wanted them to have the best of everything . He especially wanted his son and daughter to have a great jump-start in life . His entire estate the houses , the businesses , the valuables - was going to go to them when he passed away . One day he had a lunch meeting with his friend who was an estate planning attorney . His friend made the following observation : You know , you are quite a person . You have done such a tremendous job building a life for yourself . All the people you employ , all the people you help . How fortunate your family is to have you as a provider . But heres the problem : God forbid you die tomorrow , this entire wonderful world you have built collapses . Without you and your broad shoulders , the entire enterprise stops in its tracks . You can imagine that our friend the Rich Man didnt like hearing that at all . He had indeed put so much of himself into what he held to be precious . It would almost be an act of betrayal for them to lose it all when he died . I mean , shouldnt he make provisions for their care after his death ? Why shouldnt the show go on ? So many people have become dependent on him . So , he bought a bunch of life insurance . Life insurance to make sure his family wouldnt have to sell half his assets just to pay the governments estate tax bill . They wouldnt have to sell the residences or family jewels . The heirlooms could stay in the family . He bought life insurance to enable his businesses to keep running . People would be able to keep their jobs . Vendors would get paid . Clients would receive service . The management team would have enough money to keep going and growing . He bought life insurance to fill the coffers of charities doing noble work in his community . Hungry people could get fed . Homeless people could get shelter . Unemployed people get retrained for new jobs . Life insurance made it possible for the great work this man had been doing to continue . And because life insurance is such a great deal financially , the cost of this planning was literally pennies on the dollar . Each dollar of life insurance benefit literally cost him a few cents . Of course , it was this financial wisdom and eagerness to take advantage of a great deal that made him rich in the first place :-RRB- Would you like to keep learning ? Read my blog : planrisklive.com "}
{"input": "Why Would Someone Need Life Insurance? ", "output": "Well some wealthy folks may not need life insurance , but even they might be better off with Whole Life Insurance . It allows folks to built their assets . Remember , Life Insurance is not for the insured much of the time , but for the survivors . Their lives will depend upon it to keep their standard of living , both a spouse and kids . College . Mortgage . Going back to work . But even the insured can use Whole Life Insurance to protect their retirement . Yes retirement can be funded by Whole Life Insurance . Let 's talk about how you can easily do this . Gary Lane , Registered Representative and Agent , New York Life . 949\u00a0797\u00a02424 . Thank you . "}
{"input": "Why Would Someone Need Life Insurance? ", "output": "A better question is why would you not have life insurance ? It 's probably the single most important thing you can do for your loved ones . If you 're in the Pennsylvania , I 'd be happy to go over the importance of having it and if you 're not then please contact your local independent agent . "}
{"input": "Why Would Someone Need Life Insurance? ", "output": "There are several reasons people need life insurance . First , if you have a family , it might be important to make sure that if the primary income maker was to die , that the lost income would be intact for the years ahead . Perhaps you want to make sure the kids can make it to college if you were to die prematurely . Other reasons include protecting the interests of your business if your a business owner with a partner or key employee 's . Another reason could be to use the tax-free income opportunity for supplementing retirement income . Everyone has a situation which life insurance may be a good fit . Talk to your agent about what your situation is and where life insurance may be a good fit . "}
{"input": "Does Medicare Cover Skilled Nursing Facility? ", "output": "Medicare provides limited coverage for skilled nursing care under part A. For days 1-20 , you pay $ 0 for each benefit period . For days 21-100 , you pay $ 152 coinsurance per day of each benefit period . For everything after the first 101 days , you are responsible for 100 % of the cost . Please note , several qualifying items have to be met in order for Part A to provide coverage : 1 -RRB- 3 inpatient days to meet a qualifying hospital stay 2 -RRB- You have days left in your benefit period 3 -RRB- Your doctor says you need daily skilled care 4 -RRB- The facility providing the care needs to be certified by Medicare 5 -RRB- Your condition was treated during your qualifying inpatient hospital stay Long-term care insurance will be most helpful for skilled nursing care benefits . "}
{"input": "What Is The Doughnut Hole For Medicare Part D? ", "output": "The Part D doughnut hole exists to make the plan affordable . If your covered drug charge totals exceed your basic coverage you enter a gap period known as the doughnut hole . In 2013 you reach the gap when the amount paid by you and your plan hit $ 2970 . The doughnut hole will be reduced every year until is it completely closed in 2020 . "}
{"input": "Is Earthquake Damage Covered By Homeowners Insurance? ", "output": "Earthquake damage is not covered by most home insurance policies . Earthquake coverage can be added to a policy through what is called a rider or endorsement . The cost depends on the likelihood of an earthquake . "}
{"input": "How Much Does Medicare Pay For A Ct Scan? ", "output": "Diagnostic testing is covered under Part B . You will pay 20 % of the Medicare approved amount . So if the procedure costs $ 1000 , Medicare approves $ 500 you would pay $ 100 . Some states will allow an additional 15 % of what is called excess charges . If you live in Ohio , you do not have to worry about that , however if you live in Florida you would have to pay . The doctor can not balance bill you more that the 15 % of the Medicare approved amount . "}
{"input": "How Much Does Medicare Pay For A Ct Scan? ", "output": "Medicare has a set fee schedule for every procedure , including diagnostic testing , X-ray , CT , MRI and so forth . If you use a medical provider that accepts assignment they can not balance bill you and your out of pocket for medically necessary testing will be limited to your Medicare deductibles and coinsurance . "}
{"input": "If I Retire At 62 Can I Get Medicare? ", "output": "Medicare payments usually begin when you are 65 -LRB- assuming you are retired and notdisabled -RRB- . You may be able to get extended coverage through your employer plan until age 65 or apply for individual coverage through some of the largest and most reputable health insurers . The official Social Security website or an experienced broker can provide additional details . "}
{"input": "How Much Does Yearly Homeowner ", "output": "The price for a homeowners policy varies by the price of the home , the location of the home , the age of the home and the general condition of the home . Each policy is tailored for the specific home being insured . Most companies require that the home be insured to its full replacement value and that is the main factor in rating the policy . "}
{"input": "What Is The Point Of Renters Insurance? ", "output": "The point of renters insurance is to inexpensively cover your personal property -LRB- and liability , medical payments to others , loss of use benefits etc. . . -RRB- in the event you have a major claim . Although smaller claims are covered , your main concern should be protecting your belongings in case there was a fire , tornado or a theft that left you with virtually no personal property . You 'll be glad you had coverage when it 's time to file a claim andaccessthe loss . "}
{"input": "What Is The Point Of Renters Insurance? ", "output": "Renters insurance is inexpensive and it protects your personal items like your clothes , television , ect . It also cover your `` loss of use '' this is is if your have a fire and loose everything you will still have the cost of renting a new place and replacing your clothes . this can be quite costly when you have been left with nothing . For as little as $ 10 a month you can rest assure that you will have the expenses covered toget back on your feet and nothaveto worry as much . "}
{"input": "Does Owning A Dog Increase Homeowners Insurance? ", "output": "This really depend on the size , breed , and prior history of the dog biting someone . This has become a huge issue in many states . You may encounter significant difficulty is insuring your home with a standard homeowners policy which includes liability coverage if there is history of biting or the dog is of a bred that has had a greater propensity to have been involved in attacks such as a pit bull . There is enough concern about this primarily because dog bites are often the second most likely cause of loss in many states for an individual carrier . Some carriers limit the liability coverage and some simply charge more if they perceive a more significant risk of loss . Dog owners should be aware that an absolute liability can exist in some states just by owning the dog.In other words the fact that you own the dog is sufficient to cause of liability for you and your carrier . "}
{"input": "Does My Auto Insurance Cover Rental Cars In Europe? ", "output": "Your insurance policy purchased in the United States will only cover rental car coverage in the United States , Canada , and it 's territories which would include Puerto Rico and Guam . Other countries do not recognize USinsurancein this particular situation and US based companies are not able to bring suit or defend out of US jurisdiction . You will need to purchase the insurance offered to you at the time of renting a car in Europe . "}
{"input": "How Do You Apply For Disability Insurance? ", "output": "To apply for Disability Insurance , you first consult with a knowledgeable agent to get the type of policy you need , and one that fits your budget . Then you fill out an application and submit it . There will be a paramed exam done in your home or other place of your choice . The underwriter may order medical and/or financial records . Once everything is reviewed , your policy will be approved at the rating the DI company deems appropriate . You accept the policy by paying the premium and signing some delivery paperwork . "}
{"input": "Does health insurance cover dermatology? ", "output": "Most major medical plans will cover medically necessary treatment by a dermatologist . This includes treatment for conditions like acne , eczema , psoriasis , cancer and so forth . Cosmetic treatment for things such as skin blemishes or tattoo removal are generally not a covered item . In some situations removal of a birth mark -LRB- such as a port wine stain -RRB- may be a covered item . "}
{"input": "Does health insurance cover dermatology? ", "output": "Coverage for dermatology can vary from policy to policy . If you have a basic policy , such as an accidental or emergency policy , coverage for the dermatologist may not be covered unless the visit is due to sickness or emergency . A more comprehensive individual policy may cover dermatology , and many group policies will cover specialists , such as a dermatologist . Before going to the dermatologist , you will need to make sure that you are covered . If you have coverage thru an employer , you can ask your Human Resources Manager , or the person in charge of benefits . Or , check your Health Insurance Policy booklet , or call the Customer Service Number that is usually located on the back of your card . After you determine that dermatology is covered , check to make sure that your doctor is in network . Using physicians that are in network will usually save money over using a non network , or out of network provider . You can usually use an out of network provider , but will pay a higher copay or deductible for the visit . You can call the physician office with your health insurance information to verify whether or not the provider is in network or not . If unable to contact the office , many health insurance companies offer this information on their website . "}
{"input": "Why Do I Need Long Term Disability Insurance? ", "output": "You need long term disability insurance if your loss of income would cause devastation for you or your family . Becoming disabled for a long period of time -LRB- months to years -RRB- is not uncommon , and most people rely on their full paycheck to live their current lifestyle . Disability Insurance does not replace the full paycheck , but it provides enough to get most people by until they are back to work without having to lose their home or other great hardship . "}
{"input": "Why Do I Need Long Term Disability Insurance? ", "output": "Long term disability insurance pays you a large portion of your paycheck if you are unable to work due to a long term illness or injury . If you or your dependents rely on your paycheck to pay essential bills , and do not have enough in savings to tide you over for over 6 months , you have a need for long term disability insurance . A long term DI policy can provide income to you for many years , even a lifetime . Becoming disabled , either temporarily or permanently , is a much more common an occurrence than most people think . Having long term disability insurance can protect you and your family from some of the trauma , if such a misfortune should happen to you . "}
{"input": "Why Do I Need Long Term Disability Insurance? ", "output": "The reason for purchasing long term disability insurance is to `` hedge your bet '' against your most valuable asset . Most people 's most valuable asset is their ability to earn a living . If you are independently wealthy or have a lifetime residual income you need long term disability insurance . Just statistically speaking you are 8 times more likely to become disabled than you are to die . Almost 90 % of long term disabilities are due to an illness not injury . Be sure your policy covers both . "}
{"input": "Is Kaiser Permanente Medicare Insurance? ", "output": "Kaiser Permanente does offer Medicare Advantage plans in some areas . The Kaiser Permanente model is an HMO . When you have a Medicare Advantage HMO plan you have a limited network and must use their doctors and approved hospitals . If you receive treatment out of network , you are responsible for those charges -LRB- except in an emergency -RRB- . Kaiser Advantage plans are good as long as you understand how they work and the ares where you have no coverage . "}
{"input": "Is Kaiser Permanente Medicare Insurance? ", "output": "Kaiser Permanente provides affordable healthcare to millions of consumers . Individual , family and business coverage is provided to consumers under the age of 65 and also to persons that are eligible for Medicare . Kaiser offers Medicare Cost and Medicare Advantage plans that provide Medigap benefits over and beyond the coverage Medicare provides . Kaiser has a highly-skilled network of physicians , hospitals and facilities that work for you . The CMS -LRB- Centers For Medicare And Medicaid Services -RRB- gave Kaiser one of their highest ratings for 2013 . Some of the criteria used in judging included customer service , preventive care and prescription drug services . An experienced independent broker and/or a reputable website will provide specific plan information and free rate quotes for Kaiser products . "}
{"input": "How Much Car Insurance Should I Purchase? ", "output": "Often this question is approached by , how much can you afford ? I would like you to think of it as , How much can you afford to lose . I have been driving over 50 years . I have had one minor fender bender 46 years ago . Had I never purchased insurance -LRB- in California I have the option of posting a bond or cash -RRB- I would have saved approximately $ 90,000 . However , a recent accident involving a pedestrian struck in a cross walk resulted in a settlement of over $ 750,000 . I couldnt have afforded the settlement , so I paid the premiums . What can you afford to lose ? Buy the insurance that will protect you from those amounts that you can not afford to lose . If you can qualify for an umbrella consider limits in the $ 1-2 million range . In our lawsuit happy society that is not being overly cautious . "}
{"input": "How Much Car Insurance Should I Purchase? ", "output": "This depends on your personal situation , how much you can afford and what assets you have that you could lose in case of a lawsuit . As a general guideline state minimums are not enough and while it 's cheaper to get the minimums it 's a bad decision in the long term for most people . Keep in mind that even though $ 100,000 sounds like a lot of money to you and me , it can be exhausted very quickly in case of a major injury . If you cause an injury and you owe them more than your limit they have the right to sue you which will be VERY expensive even if you were to win the lawsuit . For most people who have a good job and are homeowners $ 250,000 / $ 500,000 limits with a $ 1 million umbrella is a good level to aim for . I know it sounds like an incredible amount of money , but it 's really not that expensive , and in the case something happens you will be very happy you 're properly protected . "}
{"input": "Does Medicare Pay For Xarelto? ", "output": "When Xarelto is covered it would be under Medicare Part D. Check your formulary . Xarelto is commonly use to treat and prevent DVT -LRB- deep vein thrombosis -RRB- . There are no generic equivalents . Eliquis is also used for the same conditions . There are no generic equivalents for Eliquis either . CarePath discount cards may be available . "}
{"input": "Does Medicare Pay For Xarelto? ", "output": "Xarelto , also known as Rivaroxaban is listed on the Medicare website as being a covered prescription medicine . It is commonly prescribed for preventing strokes for patients suffering from non-valvular atrial fibrillation . The following link will allow you to research most medications and determine if there is coverage under Medicare in your location . WEBSITELINK "}
{"input": "When Is Long Term Care Insurance Needed? ", "output": "Long Term Care insurance is needed when someone has assets to be protected , and when someone wants to make their own decisions about their care if they should need long term assistance for daily living . Without long term care insurance , the individual and their family are left to foot tremendous bills , if such care is needed . If assets run out and Medicaid is used , the choices for care are limited . Having long term care that will allow someone to spend the benefit as they wish protects assets and allows some independence even at a time of loss . "}
{"input": "When Is Long Term Care Insurance Needed? ", "output": "Generally long term care insurance is needed in your later senior years , but it can some times earlier even before retirement . The number one risk in financial retirement in retirement is human longevity , which increase the odds of needing long term care insurance . If your family has a disposition to disease or nursing home confinement , you may want to consider securing long term care while you 're young and healthy . "}
{"input": "Does My Renters Insurance Cover My Engagement Ring? ", "output": "An engagement ring would be considered personal property and be covered to the limits of the policy . However , the company will generally have a fixed limit for loss involving jewelry . You may find that your ability to recover from a lost engagement ring would be seriously reduced by the deductible on the policy . If you are concerned about replacing an engagement ring , most companies provide a floater policy that will cover that exact ring anywhere in the world 365 days a year and often provides the coverage without a deductible . "}
{"input": "Does My Renters Insurance Cover My Engagement Ring? ", "output": "Talk to your Insurance Professional about the terms and conditions of your policy because there may be limitations on the coverage that your standard policy may provide . The ring is personal property , but many policies limit the amount of coverage on `` unscheduled '' jewelry that is pieces that are not specifically insured either as a rider or as a stand alone policy . It is best to insure your ring specifically because not only is the coverage broader -LRB- it even covers if the stone falls out and is lost and a standard renters policy wo n't -RRB- but in most cases , the policy deductible will not apply . Get a clear copy of your appraisal and give it to yur licensed agent and they will be able to cover it properly for you . "}
{"input": "Who Is The Best Term Life Insurance Company? ", "output": "As an independent agent I sell from many different companies . It is hard to say what company is the best as it often depends on the individuals situation . I will say that for medically underwritten policies we sell quite a bit of American General , Genworth , and Prudential . Another interesting option is the no medical exam policies . Assurity , American National , and Sagicor have some very good options , though you will pay about 15 - 30 % more for the policies . "}
{"input": "Does My Spouse Have My Auto Insurance? ", "output": "Only if she is a listed driver on your policy or has her own . While she may be covered if she is not listed , since she is a member of your household , it could present a problem down the road . If your spouse has several DUI 's for example and you failed to list him or her on your policy , then the company would probably pay the claim but then you would be cancelled or have a major rate increase . It is always best to make sure all drivers in your house are either listed as drivers or specifically excluded from your policy . If they are excluded then do not let them drive your car unless they have their own policy . "}
{"input": "When Should I Save For Retirement? ", "output": "That is a great question ! I can not emphasize enough that the earlier you start , the better off you will be . The amount of money you may need to be comfortable in retirement may be achievable only by starting soon . A rule of thumb ? To live your current lifestyle , you will need to have 8-10 times your current salary . It might be wise for you to schedule an appointment with someone who can help you look at the options available to you , your HR person at work , for your plan options , and then a financial advisor or planner to help you get started . Contact me if you need any help , and thanks for asking ! "}
{"input": "When Should I Save For Retirement? ", "output": "It sounds cliche , but you should start saving for retirement as soon as you start working . With longer life expectancies we are now living 20 , 30 even 40 years into retirement . Allowing the power of compound interest to work for you means the sooner you start the bigger your Nest Egg will be . Within 10 to 15 years of retirement , positioning for growth and protection is even more important . Since you would have less time to recover from a drop . If you would like to work with a local Retirement Planner , you could start with a Google search . For example if you search for : retirement planner Halifax or retirement planning Halifax , my name along with several others will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . "}
{"input": "What Is A Flexible Premium Adjustable Life Insurance Policy? ", "output": "A flexible premium adjustable life insurance policy refers to a universal life -LRB- UL -RRB- policy . A flexible premium means that you can pay the minimum premium required to keep the coverage in-force , or you can pay a higher premium to have a portion of your premium earn interest and accumulate cash within the policy . The type of UL policy you purchase will dictate how interest is credited to your policy . A UL policy can be a great solution if you are looking for a policy to only provide a death benefit or as a way to accumulate cash to use for college funding or tax-free retirement income . "}
{"input": "Why Is Car Insurance More Expensive For Boys? ", "output": "The answer to this question will probably vary by state . In California sex is not a rating factor . Driving experience , annual miles driven , driving record , location and the automobile itself are the most important factors for California insurers . Any time there is a difference in rates it can be supported by statistical information . If in other states boys pay more than girls it is because they have losses which exceed that of girls . "}
{"input": "Why Is Car Insurance More Expensive For Boys? ", "output": "Ah , but auto insurance is not ALWAYS more expensive for boys . Youth and inexperience are indeed negative components contributing to higher insurance costs for youthful drivers . At one time , the insurance costs for boys was always higher than for girls , because the stats proved that male drivers were involved in far more claims than their female counterparts . But today the gap is narrowing and the disparity in costs to insure young men vs. young women is narrowing . They continue however to both pay higher rates than experienced drivers . Like anything else in life , practice makes perfect , experience makes better , safer drivers getting lower insurance costs . "}
{"input": "Will Homeowners Insurance Pay For Termite Damage? ", "output": "No , termite damage is usually excluded from the HO3 homeowners policy . Under the Exclusions Section of the HO3 , damage caused by Birds , vermin , rodents , or insects is excluded . If you are interested in a policy review of your home coverage please contact me at fwinterle@creativeins.net . Happy Holidays and Merry Christmas . "}
{"input": "How Many Ultrasounds Does Medicare Cover? ", "output": "This question is usually asked about Medicaid in regards to pregnancy . However , if the question is addressed for Medicare , the answer appears to be the same whether over age 65 and the ultrasounds are used for testing for health conditions , or for a pregnant women who are on Medicare due to being disabled . The criteria is simply that the ultrasounds must be medically necessary and performed by a provider that participates in Medicare . "}
{"input": "What Is The Cost Of Medicare Part B? ", "output": "Medicare Part B premiums in 2013 are $ 105 per month for most Medicare beneficiaries . Higher income individuals and couples will be required to pay a higher rate -LRB- up to $ 231 per month -RRB- . WEBSITELINK If you do not enroll in Part B on a timely basis you may also pay a late enrollment penalty . "}
{"input": "Does Auto Insurance Cover Being Sued? ", "output": "If you are held liable for an accident that you are at fault your bodily injury liability and property damage would cover you in a law suit up to the limit of your policy for damages you caused to the other party . The insurance company has no obligation beyond your coverage limits so if the other party is suing for monies above and beyond your current coverage 's you would need to seek your own legal counsel . If you are being sued for a coverage that is not part of your policy your auto insurance carrier will not defend . Your auto insurance must initially respond to let you know if there is coverage in the particular loss or not . Make sure you have the discussion with your local agent on the particulars of your situation . "}
{"input": "Can I Buy Auto Insurance Without A License? ", "output": "There are some companies that will allow you to purchase an insurance policy without a driver 's license . Typically you must have another licensed driver listed on the policy as they will exclude you from coverage , but it is feasible . Also , if you are looking for physical damage only on the vehicle while it is parked you would not be required to have a valid driver 's license . Talk to a broker to get the full story in your state . "}
{"input": "Can I Buy Auto Insurance Without A License? ", "output": "If you do not have a drivers license you should not be driving a car , it is illegal . If you own a car and drive you should have insurance . It would depend on the laws in your state and the insurance company involved to determine whether or not to issue you a policy . "}
{"input": "Why Buy Life Insurance Now? ", "output": "If you have good health , that is always the best time to buy life insurance . It is cheaper when you have good health . If you have poor health , that is a good reason to buy life insurance . People with poor health need that protection . So good health or poor health , now is a good time to buy life insurance . "}
{"input": "Why Buy Life Insurance Now? ", "output": "Most people have others in their lives that would suffer if they were to pass on . That seems unlikely when you are young and think that you are immortal . Young people die too . They leave behind obligations and expenses . A life policy would help pay those . The one thing that you do have in your favor is that you are probably more insurable today than you will ever be again so you can lock in low rates and perhaps preferred rates . When you insure with permanent insurance these advantages last a lifetime . "}
{"input": "How To Plan For Retirement In Your 30s? ", "output": "Planning for retirement in your thirties in commendable . You can never start planning early enough , especially if you subscribe to Einstein appreciation for compounded interest , i.e. then procrastination is an economic killer . Starting a retirement plan is paying yourself first . If you 're in a high tax bracket and your employer offers a defined contribution plan and matches part of your pretax contribution , do it . If you have no employer plan in place , consider a traditional IRA or Roth IRA . And if you consider a Roth IRA , , you may want to look into a non-qualified cash value life insurance plan . "}
{"input": "Can You Sue Someone For Not Having Car Insurance? ", "output": "You can not sue someone for not having auto insurance . You can sue a person if the persons or party caused bodily injury and/or property damage to you . Auto insurance would normally cover the persons or party in this situation which is why you would carry auto insurance in the first place . However if the persons or party does not have the coverage you may take them to court to seek restitution . But you can not sue the persons or party just for not having auto insurance . "}
{"input": "Is Auto Insurance Expensive In Michigan? ", "output": "I 'll apologize first , but I have to disagree with Brandon . Auto insurance IS expensive in Michigan . As of 30 days ago , we have the second highest auto insurance rates in the country . This is kind of surprising if you compare the statutory coverage in Michigan . We have two things that drive up our costs . First we 're one of 26 no-fault states . Secondly , we 're the only state in the US that has unlimited lifetime personal injury protection . If you 're injured in a car accident in Michigan and you 're covered by an auto insurance policy , you 'll receive unlimited lifetime medical benefits as well as work loss benefits . I personally know people who have been injured in a car accident and been receiving medical care for over 25 years to the tune of over $ 5,000,000 . You 'd think we 'd have the highest rates in the country . Now , just because the average rates here are higher than some other states does n't mean YOU have to pay higher rates . There are many factors that determine the cost of your insurance and you can do things to help reduce your cost . Find a good agent and he/she will be able to tell you how to manage your rates . "}
{"input": "Is Auto Insurance Expensive In Michigan? ", "output": "Auto insurance in Michigan is no more expensive than auto insurance in any state . Auto insurers -- like all insurers -- have varying appetites for risk . Some insurers may not like the average risk associated with policy holders in Michigan and may price themselves out of the market intentionally -LRB- i.e. even though they are n't thrilled about covering you , they 'll gladly take your money if you 're willing to give them enough of it -RRB- . You should seek out he advice of an agent who can show you rates from numerous carriers so you can compare rates and select the best one for you . "}
{"input": "How To Calculate How Much Life Insurance I Need? ", "output": "The proceeds of a life insurance policy paid to your beneficiary should cover D - debt -LRB- credit cards , loans , etc. -RRB- and death -LRB- usually 10k-12k for final expense -RRB- , I - income replacing -LRB- replacing the spouse 's monthly income for at least 10yrs -RRB- , M - mortgage -LRB- paying off the mortgage balance -RRB- , and E - education for the kids -LRB- funding a 4-yr college -RRB- . This formula , the DIME method , will accurately measure the amount of insurance and person needs to carry . "}
{"input": "How To Calculate How Much Life Insurance I Need? ", "output": "Conventional methods center on a capital needs analysis -LRB- how much do I need as a lump sum at my death to create an income for my family -RRB- . Other methods look at Human Life Value and variations on these . The analysis may also address whether the need is indeed a good fit for a temporary or permanent life insurance solution . Ask a life insurance professional to provide a customized analysis for you and your family . There are a wide variety of online calculators such as this one : WEBSITELINK These calculators can help you visualize the problem and better prepare you for a planning discussion with your agent . "}
{"input": "Which Company Is Best For Renters Insurance? ", "output": "That is a great question ! There are a whole bunch of companies out there that sell renters insurance , and it can be tough to pick one . Here are some things you want to look for . First that they are reputable , and fiscally sound . They will need to have a good rating with a company like Standard & Poors , and few if any complaints with the State Department of Insurance . Then you will want to compare what is covered for what price , and at what deductible level . The best policy offers highest coverage at lowest deductible , with the cheapest price . I hope that helps you , thanks for asking ! "}
{"input": "Which Company Is Best For Renters Insurance? ", "output": "Companies admitted to do business in your state are under the supervision of your state insurance commissioner . The commissioner tries to make sure every company keeps every promise that they make . Selection of a company is not the critical issue . It is more important to select the correct agent . That agent will guide you into securing appropriate coverage . "}
{"input": "Is Disability Insurance Health Insurance? ", "output": "Is disability insurance health insurance ? NO . Disability is income insurance . It coverage that kicks in when you can not do the material work in your current job . Disability insurance treats your wallet , replacing lost income . Health insurance provides specific money for payment of health treatments . You do n't have to be completely disabled to collect health insurance payouts . "}
{"input": "Is Disability Insurance Health Insurance? ", "output": "No , disability insurance is not the same as health insurance . Health insurance pays some or all of your medical bills if you were to become ill , or for some preventative measures to keep from getting ill . Disability insurance pays some of your paycheck to you if you become disabled for an extended period of time . You are able to spend the cash as you wish , just as when you were working . "}
{"input": "Is Disability Insurance Health Insurance? ", "output": "As Larry mentioned , NO , health insurance and disability insurance are NOT the same thing . As previously mentioned , DI is basically `` income protection . '' If you are unable to work due to a disability , you will receive a monthly benefit for a predetermined amount of time . Health insurance helps pay for doctor visits , surgeries , medicines , etc. . While health insurance pays for medical related things , DI can help pay for your rent , bills , etc. . "}
{"input": "Can I Insure A Car That I Will Be Driving For My Use Even Though I Am Not The Registrant? ", "output": "I am not sure what state you are in But In Montana If someone gives you permission to drive you are covered for the liability damage . If you have no insurable interest in the auto you can Not insure the care . Now if you are both living in the same house you both can be on the same policy . Check with yourstate laws . In Many states the insurance follows the car 1st then the driver so If your name is not on the title the title owner is responsible 1st your insurance would be send in the event of and accident . "}
{"input": "How To Calculate Renters Insurance? ", "output": "If you want an estimate , contact neighbors in similar units and find out what coverage they have and how much they are paying . If you want an accurate quote , contact your trusted insurance agent . If you dont have an agent , get recommendations from your neighbors , friends and colleagues . Make sure that the agent listens to you and delivers what is promised . A quote for a renters policy should only take a few minutes . "}
{"input": "How Does Social Security Fit Into A Retirement Plan? ", "output": "Assuming that Social Security is financially viable , it can be part of a comprehensive retirement plan . One of the new trends in Social Security for baby boomers is to delay taking benefits until age 70 to generate the maximum income . at the same , delaying qualified plan income until 70\u00a01/2 when you must take required minimum distributions . "}
{"input": "What Kind Of Blood Work Is Done For Life Insurance? ", "output": "The blood work done for a life insurance exam tests for glucose , cholesterol , triglycerides , liver function , renal function , drugs , nicotine , and some related labs . By these they can determine whether there may be underlying risks of which even the applicant may be unaware . "}
{"input": "What Kind Of Blood Work Is Done For Life Insurance? ", "output": "Generally if your company requires blood work it is done by a paramedic . They usually check for drugs , tobacco use , aids or HIV , liver abnormalities and other general health indicators that could affect your insurability and rating . Depending on the size of the policy more extensive drug work can be ordered by the company but this is rare . "}
{"input": "Does Private Health Insurance Cover CT Scans? ", "output": "As a general rule health insurance does cover CT scans . It may be listed under your `` xray section '' of the policy . If your membership card has a customer service phone number you should be able to call the company and givee all your policy information and the details of the scan and they can tell you what is covered "}
{"input": "Does Private Health Insurance Cover CT Scans? ", "output": "It 's going to depend on what your plan states and what the CAT is going to be used for . As Bob stated , medically necessary and as a diagnostic tool . A CAT scan used for another purpose , say just as a general check up may not be covered and you should check with your insurance company first before committing to anything like that . "}
{"input": "Does Private Health Insurance Cover CT Scans? ", "output": "Private health insurance plans to cover CT also known as CAT scans when the procedure is considered medically necessary as a diagnostic tool . CT scans are quite expensive and sometimes overused by doctors when a less expensive test could yield the desired information . If in question , and this is a non-emergency situation , consult with your insurance carrier before scheduling the scan . "}
{"input": "Will Medicare Pay For Breast Reconstruction? ", "output": "Medicare will pay for breast reconstruction to repair the breast after injury , to improve the function of the breast , or to reconstruct one of both breasts after a mastectomy . Medicare will also cover the post surgery brassiere . This applies to elective -LRB- prophylactic -RRB- mastectomy for those with strong genetic markers to get breast cancer , as well as those who had the mastectomy as treatment for breast cancer . "}
{"input": "Will Medicare Pay For Breast Reconstruction? ", "output": "When breast reconstruction is merely for cosmetic reasons the procedure is not considered medically necessary and would not be covered . Breast reconstruction surgery is normally covered by Medicare following cancer treatment that includes a radical mastectomy . In some cases Medicare may cover breast reduction and reconstruction when the surgery is done out of medical necessity . "}
{"input": "Is Long Term Care Insurance Really Necessary? ", "output": "Is Long Term Care Insurance a viable value proposition ? The average senior couple will spend $ 250,000 over their retirement in medical and extended care . And speaking of extended , your life expectancy may be five to ten years longer than your predecessors . The odds are high that you will need some assistance in your later years . You need to price out long term care to see if the value proposition works in your circumstance . "}
{"input": "Is Long Term Care Insurance Really Necessary? ", "output": "Is long term care insurance really necessary ? The answer depends on you and what you want to happen to you in a care situation . If you want a say in where you go , how you are treated and what you get to keep asset wise , Long Term Care makes great sense . You can certainly do without it , but understand you give up where you go , how you 're treated and very little if any choice in assets you get to keep . All a long term care policy does is give you control over how you 're treated when you need a care situation . So no , it is not necessary if that does n't matter to you . If it does , then it makes great sense . Long term care is an either you get it or you do n't product . Most purchasers of long term care WANT the product , very few have to be talked into making a purchase . It is one the few products in insurance where you spend a lot of time plugging together options for people as they 've already decided to purchase , so the question becomes what do they want it to do ? "}
{"input": "Where Should I Invest If I Cannot Use A Roth IRA? ", "output": "There are important reasons why you would be interested in having a Roth IRA . Participation is restricted by income which results in many people who really need the benefits of a Roth IRA being unable to open an account . You probably appreciate that the Roth IRA pays benefits after age 59.5 that can be received income tax free . Other qualified plans tax the entire distribution as current income . Unlike a traditional IRA , 403 -LRB- b -RRB- , 401 -LRB- k -RRB- and other plans there arent any mandatory distributions at age 70.5 . These mandatory distributions are fully taxable as ordinary income . The Roth IRA also provides tax benefits that would pass to beneficiaries should you die prior to exhausting your Roth IRA . If you decide to use the funds in the IRA for educational expenses , for a child or yourself , there isnt the 10 % penalty tax assessed as there is in the case of the traditional IRA . You can use the funds for helping in the event of a disability , or use the money for a first-time home purchase , without penalty or tax if the plan has been in effect for more than five years . An easy way to invest in a Roth IRA is to open a regular IRA and when you are done making contributions , convert it to a Roth IRA . You would be taxed on the value of the traditional IRA as though it were current income , however , with some planning you could probably arrange for that to have the same impact that you would have experienced with making the Roth IRA contributions currently . If you have an employer sponsored plan you should contact the plan administrator and tell them that you want a Roth option for their plan . This is not unusual in 401 -LRB- k -RRB- and 403 -LRB- b -RRB- plans . The money could be invested in a Roth 403 -LRB- b -RRB- for example and receive the same treatment as the Roth IRA . The contribution limits would be much higher . The employer might consider this plan particularly advantageous to the more highly compensated employees , but it is a great benefit for all employees . The Third Party Administrator for your employers sponsored plan probably has the language already prepared to institute a Roth option . The fact that so few plans offer a Roth option is due to poor communications . This should be an option that your employer would favor . Your senior people will love the option . It would be a great benefit for all the employees . A permanent life insurance policy has many of the same characteristics of the Roth IRA . Much like the Roth IRA the premiums are paid with after tax dollars . There isnt any current tax deduction for the deposit . In the same way the life insurance policy and Roth IRA provide for a tax deferred -LRB- and ultimately tax-free -RRB- accumulation of cash inside the policy . With the life insurance policy there isnt any restriction on borrowing the money from the cash value . The careful use of loans can result in recovering the cash value without paying income tax . Universal life insurance policies and variable life insurance policies have the ability to accumulate significant amounts of money in this way . Unlike the Roth IRA there arent any income restrictions to participating in a life insurance policy . There isnt a restriction on the amount that you put into the plan . Contributions are at your discretion . Of course the life insurance policy is also self-completing should you die before reaching withdrawing benefits . The variable life insurance policies also afford a person with the option of selecting a mix of security based solutions that will rise and fall with the market . Again , this is similar to some of the investment characteristics found in Roth IRA vehicles . "}
{"input": "How Do Life Insurance Companies Determine Rates? ", "output": "In my career , life insurance companies seem to price their profitability margins against the actuarial tables of the 2001 CSO and create rates based on their actual mortality experience and predicted policy lapses . It is not a science . The pricing difference between companies can be 25 % among the top 35 carriers , so it pays to shop . "}
{"input": "How Do Life Insurance Companies Determine Rates? ", "output": "What is your age ? How about your health ? Are you married ? What is your occupation ? What sports are you active in ? Where do you live ? How often do you see your doctor ? Do you smoke ? Take alcohol ? How often ? Do drugs ? Which and when ? How long ago did you quit doing any of these ? Those are some of the things carriers will consider . Thank you . GARY LANE . "}
{"input": "How Do Life Insurance Companies Determine Rates? ", "output": "Actuaries and marketing executives for an insurance company collaborate during the product development process . The pricing process is really a misnomer : The rates actuaries come up with are by costing more than pricing and then refined by matching up with market based pricing and competitive analysis from the marketing participants in the process . Assumptions from the actuaries for cost of capital , mortality experience , persistency , investment , expense , profitability , volume , etc. go into the mix and are tweaked in an iterative process . "}
{"input": "How Do Life Insurance Companies Determine Rates? ", "output": "In answer to your question each individual life insurance company determines it own rates based on information they currently have available to them which would include , past experience , current trends , and futureestimates.This allows the insurance carrierto offer a quality product at a competitive rate with staying profitable . Pretty much all carriers use the same criteria but not all have the same experiences or look at future outcome the same way which is why you have variable pricing from different companies . "}
{"input": "How Do Life Insurance Companies Determine Rates? ", "output": "Life insurance rates are based on a complicated set of actuarial tables based on mortality . To simplify it , they look at the statistics of how long the average person is expected to live if they are a non-smoker . They also look at gender . There is a mortality table that all insurance companies use . They will use that table to determine rates for the average person -LRB- standard rates -RRB- . They then look at health factors to determine preferred rates for the very healthy and various rate tables as a persons health factors decline and accumulate until a person is no longer considered insurable by a standard policy . "}
{"input": "How Exactly Does A Universal Life Insurance Policy Work? ", "output": "The Universal Life policy is a way to combine term insurance with an investment feature under one plan . You have flexibility of premium . The more you put in , the more your cash value grows . You can skip premiums or put less into the plan as long as there is enough cash in the plan to maintain the insurance cost . In order to make sure the death benefit will be available in your older years you MUST make sure you do not under fund your policy . As you get older the cost of insurance increases . If the cash fund does not maintain enough to pay the insurance cost the policy will lapse . You will receive an annual statement each year , make sure you review this with your agent to make sure your policy is performing as planned . "}
{"input": "How Exactly Does A Universal Life Insurance Policy Work? ", "output": "A very simple way to picture how a Universal Life policy works is with a river with a dam on it . If the dam is open and water -LRB- your insurance premium -RRB- is flowing into the river , the river gets longer . I.e. . The years your Universal Life lasts get longer , maybe even the rest of your life . At the same time , there is very little water in the lake , or cash value in the policy . If the dam is closed , the lake gets higher , or the cash value in your policy grows . However , the river will dry up . If you want your Universal Life to build up cash value AND have longevity , you need to add more water -LRB- premium -RRB- to it . The beauty of a dam is that it can be adjusted to harness the power of water . The same is true of Universal Life insurance . It is very adjustable and can help accomplish your financial goals . "}
{"input": "How Exactly Does A Universal Life Insurance Policy Work? ", "output": "There are several moving parts to a universal life contract , additional parts if its a variable universal life insurance policy . Lets your universal life insurance policy is using an interest rate crediting method . You pay your premium annually . The front end premium load , administration cost , policy fee and mortality are deducted from your premium . Whatever is premium is left receives the interest earnings credited to the policy cash values . "}
{"input": "How Exactly Does A Universal Life Insurance Policy Work? ", "output": "A Universal Life -LRB- UL -RRB- policy is one in which part of your premium goes to pay for the actual cost of the insurance -LRB- the death benefit -RRB- . Since you can pay excess premium , the excess goes toward the cash value portion of the policy . The cash value can continue to grow with your contributions as well as with interest that is earned . UL policies are very flexible in that you can borrow from the cash value , you can adjust the amount you 're paying each month , you can even stop paying premiums because they could actually be paid with the cash value in the policy . You could even -LRB- for example -RRB- build a policy that grows cash value , then literally plan a future withdrawal - maybe for college tuition . "}
{"input": "Can I Go To Jail For Not Having Car Insurance? ", "output": "Yes it is a felony not to have an auto policy in most states you might not go to jail ifyour caught but you will get a ticket in most cases and have ten days to show proof of insurance and your license can be revoked you also could go to jail if in an accident . It is best to stay out of these situations . "}
{"input": "Can I Go To Jail For Not Having Car Insurance? ", "output": "Probably not . The requirement to have and maintain car insurance as a condition of registering your car for use on public roads and highways is established by state law , regulated and managed by your state 's Department of Motor Vehicles and enforced by local and State police authorities . If you cancel your car insurance and do not replace it , your DMV may levy a fine and or cancel your car 's registration , which then if you were pulled over may add to the violation charges against you . "}
{"input": "What Is Federal Life Insurance? ", "output": "There is federal life insurance offered to federal employees in a group policy , called FEGLI -LRB- Federal Employees Group Life Insurance -RRB- . There is also a mutual life insurance company called Federal Life Insurance Company -LRB- Mutual -RRB- . The company 's home office is in Riverwoods , IL , and it sells life insurance and annuities . "}
{"input": "What Information Do I Need To Get Home Owners Insurance? ", "output": "Great question . You would need to call in to your insurance broker with the following informaiton : 1 . Home address 2 . Year Built 3 . Square Feet of the house 4 . Mortgage information 5 . Current insurance company some companies may require more information than others but that should be a good start . "}
{"input": "How Much Home Insurance Should I Buy? ", "output": "The correct way to evaluate your need for coverage is to assume that you return home tonight to a smoking pile of rubble sitting on the foundation of what was your home . You also know that a firefighter was injured in the blaze . How much do you want ? I suspect you want to rebuild your home , replace your personal property , have a comfortable place to live while repairs are being made and defend any lawsuit that might arise . That is how much insurance you need . "}
{"input": "How Much Home Insurance Should I Buy? ", "output": "Short answer is the amount that is correct to adequately cover your Home , Personal Property and Liability exposure . The primary element of a Homeowners policy from which most of your premium is driven is , of course , the stated Dwelling Amount . Thjis is not an arbetrary number , but should be based upon the carefulinspection of your home and the completion of a Reconstruction Analysis . Your Insurance professional can work with you and make the proper recommendation . Once that is determined , the stated Personal Property coverage amount will become a percentage of the Dwelling amount . Finally , choose the amount of Liability coverage that best suits your financial exposure as this is protection against any possible action or inaction for which you may be held legally liable . "}
{"input": "How Much Home Insurance Should I Buy? ", "output": "Home insurance is really pretty simple . There are 6 basic coverage parts : Coverage A : Dwelling -LRB- the actual home -RRB- Coverage B : Other Structures -LRB- any detached buildings -RRB- Coverage C : Personal Property -LRB- your `` stuff '' -RRB- Coverage D : Loss of Use Coverage E : Personal Liability -LRB- if your sued -RRB- Coverage F : Medical Payments Coverage A , the dwelling , is the coverage that the other property coverages are calculated from . The right amount depends on the home and how you want claims to be settled . The two basic settlement options are Replacement Cost or Actual Cash Value . Replacement cost is the amount it would take to rebuild your home just like it is . Actual Cash Value is the amount your home is worth . Most people want their home replaced if it 's damaged so most will use Replacement Cost . There is an industry standard estimator that insurance companies use to estimate this . Your insurance agent will be able to estimate this based on the construction and features of your home . Actual Cash Value will take that number and depreciate it . Getting the dwelling amount right is the most important calculation for your insurance . Coverage B is usually 10 % of Coverage A and Coverage C is usually anywhere from 50 % -75 % of Coverage A. Coverage D can be anywhere from 20 % of Coverage A to unlimited . Every company is different . Coverage E is also a very important coverage as this protects your assets in the case someone sues you . How much is right for you ? I usually insure the home for it 's replacement cost and I usually recommend a Personal Liability Limit of at least $ 500,000 . Find an agent you can trust and he/she will be happy to show you many different options and how that computes to premiums . Then you can make an informed decision . "}
{"input": "Why Is Life Insurance Not A Contract Of Indemnity? ", "output": "Life insurance is not a contract of indemnity because it is the other type of insurance contract , a `` valued contract '' . Indemnity insurance pays a benefit equal to the financial loss and seeks to return the insured to their original financial position . It is impossible to succinctly assess the value of a life , to insure it with an indemnity contract . A valued contract pays a stated sum , regardless of the loss incurred , which is how life insurance operates . "}
{"input": "Why Is Life Insurance Not A Contract Of Indemnity? ", "output": "Its an interesting question . Lets take a look at some indemnity agreements and see what we can learn . I am sure you have heard of the bird flu epidemic . I know that the price of eggs has skyrocketed and that has been reflected in the price of baked goods , and everything else that uses eggs . The federal government is stepping in and indemnifying the losses being sustained by agricultural companies to help them remain viable . They can put a hard number on the value of their loss . Frankly , I think the bailout of Wall Street a few years ago was one huge act of indemnification by the government . Thats a topic for another time . War reparations are a form of indemnity . Germany was forced to pay extensive indemnity after its role in World War I. Im sure the actuaries and examiners had a field day adding up the damage . Sometimes you hear about nations that break away from an Empire , such as Haiti from France , having to pay indemnity to cover losses sustained by the parent nation in taxes , etc. . Pretty easy to put a number on that . Homeowners are identified against structural damage and other losses when they take out a homeowners policy . Should disasters like a bad storm occur , the insurance benefit will help the policyowner restore the home to its original state . Also easy here to identify the monetary cost I think we can see a pattern here . Indemnification agreements make a party whole ; they compensate for losses to restore the aggrieved party to its original state of affairs financially . Accurate , current numbers are used . I can see how one would think that life insurance is a form of indemnification . You are , after all , trying to compensate for losses . If the breadwinner of the family makes $ 100,000 a year , then that income would be lost if he or she tragically dies . A $ 1 million life insurance benefit would make up for that loss , at least for 10 years worth . The difference is that you dont have to prove the lost . When the breadwinner dies , he or she could have been making $ 10,000 per year or $ 10 million per year . Regardless , the benefit remains $ 1 million . So life insurance is considered a valued policy or contract . As such , it is very unique . The insured is underwritten at the time of claim , and thats that . At the risk of loss could then go up dramatically , but that benefit will remain the same . "}
{"input": "Does Medicaid Take Your Life Insurance? ", "output": "In Ohio if the cash value of a life insurance policy and other assets is greater than $ 1500 you must spend down . When it come to life insurance you have a few options depending on how long you have had the policy . Prepay your Funeral , assign the policy to the funeral home , or purchase a Funeral Trust with the cash value in the policy . A Funeral Trust policy irrevocably assigns the death benefit of a life insurance policy to a Funeral Trust set up by the insurance company and can only be paid out for expenses directly related to the funeral and final expenses . This makes the policy Medicaid Exempt . In Ohio you can put up to $ 15000 in a Funeral Trust . In some states you would need a Goods and Services contract to go along with the Trust . Your agent should be able to help you with that . If you cash surrender the policy the money can not be gifted to your beneficiary , you must spend it on yourself or use it in the ways mentioned above . There are rules in place that can preserve some of your assets . A good Medicaid Care Resource Planner or Elder Law attorney can help you with that issue . "}
{"input": "Does Medicaid Take Your Life Insurance? ", "output": "Medicaid does n't actually `` take '' your life insurance . You just ca n't qualify for Medicaid assistance if you have more countable assets than Medicaid allows . In most states $ 2,000 is the total allowed to qualify for Medicaid assistance . Checking and savings accounts , retirement money , cash value of life insurance , etc. all count against you when qualifying for Medicaid . Many people will cash surrender their life insurance to qualify for Medicaid . You can also irrevocably assign it to your funeral home and it will be exempt but must be all used for funeral expenses if you do that . An actual funeral preplan life insurance policy that you purchase from a funeral home is always exempt from Medicaid . "}
{"input": "What Does Car Insurance Legal Protection Cover? ", "output": "Your liability coverage will provide legal protection in the event you are sued as a result of covered at fault accident or injury . They generally will represent you in court and deal with the other companies attorneys You will be protected up to the liability limits of your auto policy . In todays world I recommend no less than $ 100,000 and preferably at least $ 300,000 limits of liability . "}
{"input": "Does Homeowners Insurance Cover Water Heater Damage? ", "output": "It would depend on what happened to the water heater and what type of policy you have . If thewater heater is damaged in a fire , or a tornado , you should havecoverage . A `` special form '' insurance policy will normally cover damage from a burst water heater , so they will pay for the clean up of the water but not to replace the water heater it 's self , since it was the cause of the claim . Remember , an insurance policy is for damage , but not maintenance . So if it quits , or does n't function like it is supposed to , that is an expense you would have to absorb . If the water heater is damaged by a `` Covered peril '' -LRB- refer to your contract -RRB- - then yes , it is part of the house and covered like anything else . "}
{"input": "What Is IPT On Car Insurance? ", "output": "IPT as I understand it is Insurance Premium Tax . In the US premium taxes on insurance polices are less obvious and usually run about two percent of the premium built into the final number you pay for the policy . In most states premium taxes are major source of revenue to a state usually behind only Income Taxes , Sales Taxes and Property Taxes Perhaps best if I leave the rest or your question to a European Insurance Professional . "}
{"input": "Does Home Insurance Cover The Yard? ", "output": "It may , most homeowners policy 's include a percentage of the total coverage for plants and trees on the insured property less the policy deductible and up to the policy limits . Please read your policy completely to know what coverage is provided and what exclusions that there may be or contact your local agent to have them go over the policy with you . "}
{"input": "What Age Can I Get Medicare Benefits? ", "output": "Most people start getting Medicare benefits when they are 65 years old . Some wait until they are older to get Part B . Some get benefits when they are younger due to being on Social Security Disability for two years , or having End Stage Renal Disease or ALS that meets Medicare qualifications . "}
{"input": "What Age Can I Get Medicare Benefits? ", "output": "If you become qualfied because of being on disability for 24 months age is not a restricting factor . For the individuals that have medical problems that cause their disability to be approved at an early age is able to get medicare coverage immediately upon reaching the `` effective dates '' for Part A and Part B shown on your medicare card "}
{"input": "Does Auto Insurance Drop When You Turn 25? ", "output": "With Most carriers the case is yes . The average rate decrease in our state with most carriers is $ 200 decrease on a 6 month policy . Many carriers at your renewal if you turned 25 shortly after your renewal the rate should reflect that you will be 25 on the renewal term . Or ask your agent to requite you after you turn 25 it should lower it . "}
{"input": "How To Cancel Progressive Renters Insurance? ", "output": "Any time you request a cancellation for insurance it 's best to put it in writing . You can write a letter and fax or e-mail it directly to Progressive . I would also recommend following up a day later to make sure they received the document . If you 've moved make sure you include your new address if you are owed a refund . "}
{"input": "How To Cancel Progressive Renters Insurance? ", "output": "Progressive does n't require a signed cancel request and you can access your policy right online and select cancel or call your agent . They are the Fastest when it comes to processing anything you should be able to immediately see the cancelation and if you have any refund . You also can call them direct at 1 800 progressive if you bought it online if you bought it from an agent you can call 1-800-876-5581 Bothe number should be able to assist you . They will tell you immediately if you have a refund coming or not . "}
{"input": "Can You Get Health Insurance For Significant Other? ", "output": "Great question ! Unfortunately , I would need a little more information from you . Are you talking same sex partner ? If so , that would depend upon whether the state you live in recognizes same sex relationships , and the providers stand on the issue . If you are talking common law partner , that also depends upon your State 's recognizing of common law marriages . If you are talking boyfriend or girlfriend , it may be wiser for them to get their own policy , and you make the payments . I hope that helps , if you would like more information , please feel free to contact me . Thanks for asking ! "}
{"input": "Can You Get Health Insurance For Significant Other? ", "output": "Well , itapparently depends upon what sex your significant other is . If you are a man and woman living together in a committed relationship but not married , unless your employer 's policy allows for coverage in such situations then theanswer is generally `` No '' and it appears it will be that way going forward . If , however , you are a same sex couple in a committed relationship then in some states this is already accepted . And , a March 14 , 2014 announcement from Health and Human Services will essentially require all health plans that offer coverage for married heterosexual couples to do so for same sex couples married in a jurisdiction that recognizes same sex marriages . This requirement goes into effect on January 1 , 2015 but the Obama administration is encouraging employers to voluntarily comply with this rule before then . Larger , self-insured employers had already been operating under similar rules issued by the Department of Labor last fall . Of course , not every state recognizes same sex marriages . So , you still need to do some homework on your particular situation in your state of residence and the individual or group health insurance contracts issued there . I can see where the need for a domestic partnership agreement will be a good idea in some states but clearly the requirements for health insurance plans regulated under the Affordable Care Act have moved to recognize same sex marriage as being on a par with heterosexual marriage . But a couple just living together with no formal legal commitments , regardless of sexual orientation , would appear to be much more problematic and that kind of `` significant other '' would probably not meet the requirements of being a legitimate dependent under the law . "}
{"input": "What Is Aflac Health Insurance? ", "output": "AFLAC is a company that offers supplementary benefits to individuals and families . Typically , these benefits will be monthly payments designed to help cover expenses from gaps in other insurance plans -LRB- such as health insurance -RRB- . They are not primary policies and are not designed to replace , for example , a disability or health insurance contract that you currently pay for . "}
{"input": "Is Therapy Covered By Health Insurance? ", "output": "That would depend on what type of therapy you need , and which insurance policy you have . All health plans written since January 1 , 2014 must cover traditional physical and mental therapies , though different companies may have a different limit on the number of visits that are covered . To find the best plan for your personal situation , it is best to speak with a licensed , independent agent that works with most , if not all , the insurance companies in your area . "}
{"input": "Can You Get Life Insurance If You Have Had Angioplasty? ", "output": "Yes , you can usually get life insurance if you have had an angioplasty . The rate will depend on how long since you have had the angioplasty -LRB- it helps if the vessel has stayed open at least one year after the procedure was done -RRB- , at what age it was done -LRB- as a general rule , the older , the better -RRB- , the results of subsequent cardiac testing , and whether you have any accompanying health conditions such as diabetes , heart attack , or obesity . "}
{"input": "What Is A Face Value Of Life Insurance? ", "output": "The face value of a life insurance policy is the death benefit amount specified in the contract . Most policies issue a level death benefit which remains the same through out the term of the contract . However some policies use an increasing death benefit option that increases the face amount over time . Some permanent cash value polices may also increase the face amount due to performance of the crediting method usually later on in the life of the policy . "}
{"input": "What Is A Face Value Of Life Insurance? ", "output": "The face value of a life insurance policy is the amount that would be paid to the beneficiary if the insured person died at any given time . It could be higher or lower than the original face amount purchased . Some reasons for that are if the policy is graded during the first years of the policy , if it has a decreasing death benefit , if there is a loan against the policy that was not repaid , or if the policy actually grew in cash value beyond the original face amount . "}
{"input": "How Long Does It Take Life Insurance Companies To Pay Out? ", "output": "It usually takes life insurance companies a week or two to pay the death benefit to the beneficiary . This is a week or two from the time that the death claim and certified death certificate have been received by the life insurance company , notifying them of the death and cause of death . "}
{"input": "What's The Best Renters Insurance Company? ", "output": "There is no best renter 's insurance company since rates vary depending upon the area that you live and other underwriting criteria . To obtain the best rates , and apply for a policy the easiest way , simply contact an experienced broker -LRB- preferably with a recognized website -RRB- . You 'll be able to compare the best renter 's insurance plans . "}
{"input": "Does Ebay Offer Health Insurance For Sellers? ", "output": "I do not believe Ebay has a health insurance plan for sellers . Such a plan would be almost impossible to underwrite and issue . Ebay sellers can be located anywhere in the world . There would be so much diversity in age , gender and health -LRB- primary factors in the rating process -RRB- as to make it impossible to adequately price . "}
{"input": "Does Life Insurance Avoid Probate? ", "output": "If the beneficiary is named directly in the life policy , than yes it avoids probate . If the beneficiary is named the estate , then it would pass through probate and most likely be taxed as an asset . Life insurance proceeds almost all of the time are tax free if left to an individual . Lesson is to use a good advisor to set up beneficiaries properly at point of application to have your loved ones avoid unnecessary expenses at your death . "}
{"input": "Does Life Insurance Avoid Probate? ", "output": "In most cases , yes , but it depends on who owns the life insurance policy . Life insurance beneficiary designations usually can not be changed or overridden by the probate process . One exception is when the beneficiary is suspect in a criminal action that may have caused the death of the insured . If life insurance proceeds are payable to the estate then they would pass through the probate process . If the decedent was the owner of the policy , the proceeds would be included in valuing the estate . "}
{"input": "Does Life Insurance Avoid Probate? ", "output": "Life insurance is personal property of the policy owner who , at his or her discretion , can assign beneficiaries during the application process . The death benefit proceeds are paid directly to the policy beneficiaries . Life insurance polices owner by an irrevocable trust pay death benefit proceeds to the trust beneficiaries . "}
{"input": "What Is The Best Rated Life Insurance Company? ", "output": "AM Best S&P Moody 's Fitch Comdex 1 Teachers Ins & Ann Assoc A + + AA + Aaa AAA 100 2 Northwestern Mutual Life Ins A + + AA + Aaa AAA 100 3 Massachusetts Mutual Life Ins A + + AA + Aa2 AA + 98 4 New York Life Ins Co A + + AA + Aaa AAA 100 5 New York Life Ins & Ann A + + AA + Aaa AAA 100 "}
{"input": "Which Agency Oversees Medicare? ", "output": "CMS , the Center for Medicare and Medicaid Services oversees Medicare . It is a federal agency within the United States Department of Health and Human Services -LRB- DHHS -RRB- . CMSadministers the Medicare program and works with states alsoonMedicaid adminstration including children 's programs -LRB- such asState Children 's Health Insurance Program - SCHIP -RRB- . CMS also has a key role in administering HIPAA , and agents also go through CMS for certification of the new Marketplace plans . "}
{"input": "How To Plan For Retirement In Your 50's? ", "output": "Regardless of whether you are in you 50 's and are asking how do I start planning or if you are asking how do I plan on retiring when I am in my 50 's the process is the same . First determine what a successful retirement would look like for you . Once you have a basic outline then you can determine what needs to be done to fund it . The next step would be to work with a financial planner to calculate what needs to be done and how your resources should be allocated to make it happen . You will find addition information on retirement planning on my website www.jpw.ca If you would like to work with a local Retirement Planner , you could start with a Google search . For example if you search for : retirement planner Halifax or retirement planning Halifax , my name along with several others will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . "}
{"input": "How Does Group Long Term Disability Insurance Work? ", "output": "Group Long Term Disability Insurance is coverage that will replace a portion of your salary -LRB- usually about 50 % -RRB- if you are injured severely enough that you can not work for more than a few months ; or have to miss work for an extended period of time due to the symptoms of , or treatments for , an illness . Many employers provide Short Term Disability , or `` sick leave '' , during the first few months . Then the Long Term Disability Insurance kicks in . "}
{"input": "How Do I Get A Life Insurance License In Minnesota? ", "output": "Peggy is correct . You must take a course like WEBSITELINK and then pass the state exam . There are fees and costs all along the way . Plan on spending about $ 500 or so for it all . Talk to your employer about suggestions for this process and recommended courses . I found examfx to be acceptable . "}
{"input": "How Do I Get A Life Insurance License In Minnesota? ", "output": "To get a life insurance license in Minnesota , you must first complete 20 hours of the Minnesota Department of Commerce pre-approved per-license education for life insurance . If you have a two year degree in insurance from a Minnesota vocational school , or a four year business degree from any college with an emphasis in insurance , you are exempt from taking this course . After taking the course , you must pass the life insurance exam and get your license by paying the appropriate fees . "}
{"input": "How Long Will My Life Insurance Proceeds Last? ", "output": "You life insurance proceeds will last according to the type of policy you got . If a Term policy , the policy will specify a certain number of years , such as 10 or 20 . When the end of the term comes up , the policy will end or jump up in price to an incredibly high price . If death occurs during the term , the policy proceeds will be paid . If death does not occur during the term , no proceeds are paid . If Whole Life that you have not borrowed against and have made payments according to schedule , the policy will pay out when you die or when it matures -LRB- usually at age 100 -RRB- , whatever comes first . If Universal Life , the proceeds will last for as long as the policy was set up to last , and according to how it is performing . UL usually has a guaranteed no lapse period of a set number of years , as long as premiums are made . If the interest rate goes up , it can last longer . "}
{"input": "Does Owning A Motorcycle Affect Disability Insurance Rates? ", "output": "No , I would say that owning a motorcycle will not affect your rates . The only way I see it affecting your rates is if you race your motorcycle competitively . In that case , you would need to fill out a hazardous sports questionnaire . Then the carrier would either rate up or exclude the activity . "}
{"input": "What Are Variable Annuities Taxed As? ", "output": "Assuming that the variable annuities are non-qualified , the distribution of gain will be taxed as ordinary income at your effective tax bracket and return of basis will be tax free at the end of distributions once the policy gains has been exhausted . If you annuitize for life time benefits , the basis is amortized to your life expectancy as a portion of your payment from the start of distribution called the exclusion ratio . During the accumulation period , policy gains are tax deferred . "}
{"input": "Which Life Insurance Company Is The Best? ", "output": "The best life insurance company is the one that will insure you . The best policy is the policy that is in force on your life when you die . At that moment no one will care how much was paid in premiums , what the ratings , and financial rankings are . The important thing is that they will pay the claim . Your state insurance commissioner has a very similar view . The best life insurance company pays its claims . Fortunately that is probably the vast majority of the companies admitted to do business in your state . "}
{"input": "Which Life Insurance Company Is The Best? ", "output": "Video Transcript : Which life insurance company is the best ? I do n't know if I can say that , because remember , they all have different fortes . Some are great underwriting companies , some are great death benefit ; cheap premium companies . Some companies are really good about supplemental income ; their cash values are really good and they have a good track record of accumulating wealth . You want to look at ` what is the reason ? What is the area ? ' Each area has their own forte . Some people want highly-rated carriers , so you 're going to look at the big financial strength of a carrier or the carrier 's claims - paying ability . Any of those areas are separate areas of discussion and that 's why it 's difficult to ever say , `` Here 's one , or here 's the best . '' If I 'm looking for price tag , underwriting , cash value accumulation , or just cheap premium just to pay my premium off to cover my liability , it depends upon what category you 're in so I can be able to say , `` Is that the best company ? '' "}
{"input": "Which Life Insurance Company Is The Best? ", "output": "There are many areas where a life insurance company may be classified as the best in that specific area . MetLife , for example , is the largest asset holding life insurance company in the U.S.and has more life insurance in force than any other company . John Hancock has the best five year net investment yield . NACOLAH has the best indexed universal life for healthy insured for income . There are many companies that are excellent in their own right . "}
{"input": "Which Life Insurance Company Is The Best? ", "output": "Which life insurance company is the best ? I think that depends on a few factors . Chief among them are the risk profile you present , and the type of product you want to purchase . At the end of the day , it becomes a question of which will give you the best underwriting . Your risk profile is characterized by the underwriting challenges you pose . I am sure you know that life insurance underwriting covers many factors . These include gender ; nicotine use ; current health ; medical history ; family medical history ; occupation ; avocation ; foreign travel history and plans ; lifestyle with regards to alcohol and drug use ; financial situation ; and criminal , financial , and motor vehicle record . Much to look at . And you know what ? In some way , shape , or form , all these factors can have an impact on your mortality . For most people , one or more of these factors are more operative than the others . Therefore you need to look for a company who will be most competitive in underwriting that particular risk factor . Some companies will be more competitive for diabetics . Some companies will be more competitive for people with a cancer history . Some companies will be more competitive for mountain climbers . Some companies will be more competitive for scuba divers . Some companies will be more competitive for people with a bankruptcy on their record . And on and on and on . It is the job of your broker to direct you to the right company . Also remember that companies tend to specialize in the products they manufacture . Some lean towards cheap term insurance . Others lean towards whole life insurance . Some lean towards guaranteed universal life insurance , while others lean towards interest-based universal life insurance . Once your broker prequalifies you and identifies the company that will give you the lowest cost for your coverage , you can then determine which product they make available that would make the most sense , given the life insurance strategy you want to employ . Important note : given that not every company makes available every type of product , you might have to re-think your choice of product once you find out which company will give you the best underwriting . But that is OK at least you will be getting the most value for your dollar . "}
{"input": "Which Life Insurance Company Is The Best? ", "output": "There are rating agencies that make it their whole purpose to show you which life insurance companies are best . They look at different variables , rate the company on those variables , then give the company an overall rating . The four main rating agencies that people turn to are AM Best , Standard & Poor 's , Fitch , and Moody 's . When you go to the About Us section of any life insurance company 's website , they will usually show you their ratings , and give an explanation of what that rating means . "}
{"input": "How Much Should Health Insurance Cost Per Month? ", "output": "How much you should be paying is a hard figure to try and quantify . The average cost in the country for a health insurance plan is $ 328 per month - however , this is only reflective upon a silver level plan -LRB- not all 2014 state figure averages are available yet -RRB- . While you can try to come up with an `` average '' cost , there 's too many factors that go into premium pricing to say how in relation that compares to you . In short , an `` average '' premium is a rather useless figure to the individual . It 's only representative to a large group - you could have people paying a small nominal amount -LRB- after factoring in subsidies -RRB- per month to several thousand dollars per month . Even for that there 's a ton of information to sift through to get an accurate representation . Under the new Affordable Care Act , you have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age is a big factor as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . You may be able to qualify for a subsidy that can be used to reduce the cost of your health insurance premiums . I always recommend consulting with an experienced broker . We can help you determine the plan that 's going to be most suitable for your needs and budget . Please let me know if I can be of further assistance . Thanks very much . "}
{"input": "Who Offers Annuities? ", "output": "There are many financial institutions and insurance companies that offer this sort of product . If you have a local agent for you home and auto coverage , call them . Your local agent may handle annuities currently and they will be able show you the pros and cons of what he would have available and if he/she does not handle these they may be able to refer you to someone that does . "}
{"input": "Who Offers Annuities? ", "output": "Life insurance companies offer a variety of annuity products that are carry inherent tax favored treatment . Tax deferral of policy gain is chief among the tax advantages of annuities . There are a variety of crediting methods used in annuities : interest rate , indexed and equity subaccounts . "}
{"input": "Who Offers Annuities? ", "output": "Payout Annuities can be either term certain or life annuities . Term certain annuities - in exchange for a lump sum premium you receive a guaranteed income stream for a specified term after which the income stops . For example 10 , 20 , 25 years to to age 90 . These type of annuities are issued by numerous financial institutions including : insurance companies ; banks and trust companies . Life annuities - in exchange for a lump sum premium you receive a guaranteed income for your lifetime . They also can be issued on a joint life basis . There are also numerous guarantee options available that guarantee a certain payout total amount . These type of annuities are issued only by life insurance companies . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Who Offers Annuities? ", "output": "Life insurance companies offer annuities as well as life insurance though not all aggressively promote their annuity products to the public . Some insurers specialize in annuities of various types . It is a good idea to wok with an independent insurance professional with broad access competitive annuity companies since rates can change rapidly , often weekly . "}
{"input": "Can You Suspend Auto Insurance? ", "output": "No . Auto insurance is an all or nothing deal . You either have coverage or you do n't . It is possible to cancel an auto insurance policy at almost any point you wish . To suspend coverage would mean that you have paused your coverage -LRB- or held -RRB- until you are ready to re-instate it and unfortunately that just would n't work for many different reasons . "}
{"input": "Who Qualifies For Long Term Care Insurance? ", "output": "You qualify for Long Term Care Insurance in a similar way to qualifying for Life Insurance . An application is filled out , an exam is taken , and an underwriting team reviews your case to determine if you are healthy enough to be approved for coverage . Some of the things that can disqualify people for Long Term Care Insurance are stroke , polio , rheumatoid arthritis , diabetic neuropathy , dementia , and other conditions that are put them at high risk for needing such services in the future . "}
{"input": "Is It Illegal To Drive Without Car Insurance In Iowa? ", "output": "Yes , the state of Iowa requires that you have auto insurance . The minimum required coverage is liability of $ 20,000 per incident with a $ 40,000 maximum and $ 15,000 in personal property coverage . "}
{"input": "Can I Terminate My Health Insurance? ", "output": "You can terminate your individual health insurance at any time . Simply call your insurer or broker and request a cancellation . The effective date and other details can be easily handled . If it is a group plan through your employer , contact the HR administrator to formally request termination . They will explain the earliest date you can cancel the plan . "}
{"input": "Can You Borrow From Annuities? ", "output": "Annuities technically have no loan provisions . Any withdrawals are subject to taxes and penalties if you withdraw before 59 . You can however collateralize your annuity for a bank loan if it makes economic sense . Annuities may also have surrender charges that could restrict the amount you attempting to access . Annuities should not be bought if cash liquidity may turn out to be an issue . "}
{"input": "Can You Borrow From Annuities? ", "output": "It depends on what type of annuity you have . Many annuities permit withdrawals , but typically you can not take out money -LRB- other than the defined payment structure of the annuity -RRB- without being subject to penalties , taxes , or surrender charges - you will need to review your specific policy for exact details . When you create an annuity , the intention is to give a defined amount of money to the insurance company in exchange for a guaranteed income for life or a set number of years . 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": "Can I Take Out A Life Insurance Policy On My Spouse? ", "output": "It is usually permissible to take out life insurance on your spouse . Because most couples live together and share expenses and income , they have a financial interest in each other 's lives . That is what the underwriter looks at when determining whether you can take out a policy on your spouse . Life insurance underwriters also take into consideration how much coverage you have on yourself , and possibly may ask your reason for owning your spouse 's policy . Your spouse must give consent by signing the application . "}
{"input": "Can I Take Out A Life Insurance Policy On My Spouse? ", "output": "You can , of course purchase a Life Insurance policy covering your spouse , just as your spouse can purchase one on you because you each have an insurable financial interest in the other . Presumably you are each dependent upon the other 's income , and also share joint interest in your home , savings , investments , etc. . Naturally , discuss your options with your Insurance Professional in order to determine what coverage considerations best meet each of your needs . "}
{"input": "Can I Take Out A Life Insurance Policy On My Spouse? ", "output": "That is an excellent question ! It makes great sense for both spouses to have a life insurance policy . The reasons for having one are simple - to cover funeral expenses , to provide for lost income , and to ensure that bills are paid . Insuring each other is a good way to show love for each other even after you 've passed . Thank you for asking ! "}
{"input": "Can I Take Out A Life Insurance Policy On My Spouse? ", "output": "It is usually plausible to take out a life insurance policy on your spouse . However , you can not take out a life insurance policy on your spouse or anyone else without their knowledge and consent . The policy can be paid for by the beneficiary , but the insured has to sign and go through underwriting . The key to purchasing a life insurance policy has to meet the criteria of an `` insurable interest '' . In other words , a person would suffer financially at this person 's death , certainly a spouse would qualify as an `` insurable interest '' . "}
{"input": "How To Set Up A Trust Fund For Life Insurance? ", "output": "A trust can be a very useful tool in life insurance planning . When a trust is the owner , large estate tax assessments can be avoided by the insured . It can also make sure that minor beneficiaries are allocated benefit money responsibly . An estate tax attorney gets involved when a trust is to own a life insurance policy . The broker must work with him or her and make sure the policy is issued under the trust when the application is finally approved . If the policy is issued with the insured as the owner , and later the ownership is transferred to the trust , tax problems may be created . Sometimes people like to take a do-it-yourself approach to estate planning . There are a lot of big legalities involved , and professional advice can go a long way towards avoiding expensive mistakes . "}
{"input": "Can I Get Life Insurance If I Have Grave's Disease? ", "output": "Yes , you can get life insurance if you have Grave 's Disease . If your Grave 's Disease is in remission , or has caused hyperthyroidism that is is well controlled by medication , Grave 's Disease will not make much impact on the rates . If combined with other health conditions , or if you have some complications from Grave 's Disease , you might be rated up or even declined for some policies . However , there are simplified issue policies that will take most cases of Grave 's Disease at an affordable price . "}
{"input": "What Does Point Of Service Mean In Health Insurance? ", "output": "Point Of Service plans -LRB- POS plans -RRB- are sort of a blend of HMO and PPO plans . Like an HMO , your plan may require you assign a primary care doctor and have them make referrals if you want/need to see a specialist . The PPO similarity comes from the fact that you mayreceive care from non-network providers but with greater out-of-pocket costs . You may also be responsible for co-payments , coinsurance and an annual deductible . POS plans are useful for those who are willing to coordinate their care through their primary care doctor and the doctor is in-network . "}
{"input": "Where To Get A Physical Without Health Insurance? ", "output": "You do n't need health insurance in order to get a physical or any other wellness exam . Just pay the provider out of pocket for the expenses . You may have to negotiate the rates up front as you may lose cost containment associated with having health insurance . The primary purpose of health insurance is to provide financial protection in case you are seriously sick or hurt . Most people are unable to afford extensive medical treatments for severe health conditions . A physical for an otherwise healthy individual does not meet this description . "}
{"input": "What Is Prudential Annuities? ", "output": "Prudential Annuities is a division of Prudential Financial , Inc. . Prudential offers numerous annuities to choose from : fixed annuities , immediate income annuities , variable annuities , market adjusted annuities etc . Having so many choices , I recommend you contact an agency that offers Prudential products to discuss the annuity that best suits your specific needs ... "}
{"input": "What Is Prudential Annuities? ", "output": "Prudential Annuities is a business of Prudential Financial , Inc. . The annuities that are sold by Prudential include variable annuities , fixed annuities , immediate income annuities , and modified guaranteed annuities -LRB- also called market adjusted annuities -RRB- . You can call any agency that sells Prudential products to discuss . Variable annuities can only be sold by someone with securities licenses . "}
{"input": "What Is Not Typically Covered By Homeowners Insurance? ", "output": "This is a list of some of the general exclusions in a homeowners policy : 1 . Freezing , Discharge , Leakage or Overflow - Unoccupied Residence : We do not pay for damage if the dwelling is vacant , unoccupied -LRB- including temporary absence -RRB- or under construction , unless the insured takes reasonable care to : a. maintain heat in the building ; or b. shut off the water supply and completely empty liquids from any plumbing , heating or air-conditioning system , water heater or domestic appliance . If any insured fails to do this , we do not pay for loss caused by freezing or the resulting discharge , leakage , or overflow from the system , water heater or domestic appliance . 2 . Freezing , Thawing , Pressure or Weight of Ice or Water : We do not pay for damage to structures -LRB- other than buildings or carports -RRB- such as pools , fences , retaining walls , septic tanks , piers , wharves , foundations , patios , and paved areas caused by freezing , thawing , or pressure or weight of ice or water , whether wind driven or not . 3 . Theft : We do not pay for theft or attempted theft from the insured premises while the dwelling is : a. under construction and unoccupied ; or b. vacant for more than 60 consecutive days immediately before the loss . Theft does not include acceptance of counterfeit money , fraudulent post office or express money orders , or acceptance of checks or promissory notes which are not paid upon presentation . We do not pay for theft or attempted theft committed by an insured or tenant . 4 . Vandalism or Malicious Mischief or Glass Breakage : We do not pay for loss caused by vandalism , malicious mischief or breakage of glass or other glazing materials while the dwelling is vacant for more than 60 consecutive days immediately before the loss . A dwelling under construction is not considered vacant . We do not pay for loss caused by vandalism , malicious mischief or glass breakage committed by a tenant . We do not pay for loss caused by vandalism or malicious mischief committed by an insured . We do not pay for loss caused by glass breakage committed by an insured while the dwelling is vacant for more than 60 consecutive days immediately before the loss . 5 . Seepage or Leakage : We do not pay for loss caused by repeated or continuous seepage or leakage of liquids or steam from within a plumbing , heating or air-conditioning system , water heater , or domestic appliance . We do pay for loss caused by the accidental leakage , overflow , or discharge of liquids or steam from a plumbing , heating , or airconditioning system or domestic appliance . We also pay the reasonable cost of removing and replacing those parts of the dwelling or related private structure necessary to make repairs . We do not pay for loss to the system or domestic appliance from which the liquid or steam escapes . 6 . Settling , Cracking , Shrinking , Bulging , or Expanding : We do not pay for loss caused by the settling , cracking , shrinking , bulging or expanding of a dwelling or other structure -LRB- or any part of them -RRB- , or pavements or patios . 7 . Vermin , Rodents , Insects or Domestic Animals : We do not pay for loss caused by vermin , rodents , insects or domestic animals . 8 . Smoke : We do not pay for damage caused by smoke from agricultural smudging or industrial operations . We do pay for direct loss by fire , explosion , or smoke -LRB- not otherwise excluded -RRB- which results from any of the above . 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": "Is Mortgage Insurance And Home Insurance The Same? ", "output": "There are two types of insurance that are known as mortgage insurance . When mortgage companies offer something other than a conventional loan they will often require the borrower to buy mortgage insurance which protects the mortgage company from default . There is also a form of life insurance which is designed to provide a death benefit that equals the balance due on a mortgage . Neither of these are the same as a homeowners policy . The homeowners policy protects the residence and contents against named perils . The homeowners policy also provides protection from personal injury and property damage lawsuits . "}
{"input": "I have a 65 Extra Ordinary Life policy with NWML. I assume that sometime before or after I would convert this to an annuity to receive quarterly premiums. Is this correct? ", "output": "That is a great question ! It 's really one that you should ask your agent , because I 'm a little hazy on what you are wanting to do . You are n't going to be able to convert your life insurance policy into an annuity , so that part of your question is no , you wo n't convert it at all . As for the receiving of premiums , Companies pay premiums -LRB- or do n't -RRB- at their choosing . They determine the amount to be paid , if any , and usually at a set time during their fiscal year they make that payment . I believe NWML pays once a year , but I may be wrong , I 've never asked them -LRB- I have policies from them that my Dad bought way back when -RRB- I just appreciate seeing them on my yearly statement . Please contact your agent , and have them explain your policy a little better to you . I hope that helps , thanks for asking ! "}
{"input": "I have a 65 Extra Ordinary Life policy with NWML. I assume that sometime before or after I would convert this to an annuity to receive quarterly premiums. Is this correct? ", "output": "When you say NWML , I assume you are referring to Northwestern Mutual Life . Since I 'm not a NWML agent , it 's hard to comment on the specifics of the carrier 's product , but can hopefully provide some general insight for this type of program . These types of policies typically feature a combination structure of part whole life and part term insurance . Whole life insurance can not be converted to an annuity , nor can term life insurance . If the policy was surrendered for the cash value of the whole life side of the policy -LRB- term life insurance does not build cash value -RRB- , the monies could be used towards an annuity . Please note , if there is a loan -LRB- and any interest on the loan -RRB- on the policy , any remaining surrender charges , the dollar amount you receive can be lower than the policy 's cash value -LRB- think : cash value - loans - interest on loans - surrender charges = amount you actually receive -RRB- . Also , you may want to verify whether there would be a taxable gain on the policy before surrendering it -LRB- the cash value in the policy exceeds the premiums paid into it -RRB- . Also , the only way a whole life insurance policy pays a dividend to the policyowner is if the policy is a participating whole life policy -LRB- non-participating policies do not offer any dividend structure - only the build-up of cash value -RRB- . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much . "}
{"input": "What Is Vesting In Retirement Plan? ", "output": "Generally speaking , vesting in a retirement plan may be tied to direct employer contributions to a qualified plan and/or non-qualified tax deferral plan . As an example , a defined contribution plan , like a 401 -LRB- k -RRB- , may also offer matching employer contributions . Some plans that offer this require a certain time employment to secure the employer 's matching contributions , i.e. the employee is fully vested . "}
{"input": "Can Car Insurance Be Paid By Credit Card? ", "output": "Payment methods are solely up to the discretion of the carrier . Each carrier is allowed to determine the payment methods for policy premium that it is willing to accept . Contact your local agent to find out the payment methods that they are capable of accepting for premium amounts due . "}
{"input": "A Whole Life Policy Owner Passed Away With Cash Surrender Value Higher Than The Death Benefit. Which Amount Will The Beneficiary Get? ", "output": "Another possibility is life insurance that has violated the corridors of risk and has been allowed to become , or was originally intended to be , a Modified Endowment Contract -LRB- MEC -RRB- . The corridor of risk applies usually to universal life insurance type policies and it is the established maximum cash surrender value of the contract as it pertains to the amount of coverage and the age of the insured . The tests prescribed by the IRS limits what remains life insurance and what gets treated as a MEC . Regulations established in the 1980 's limited this risk of abusing life insurance in this way because people discovered that universal life policies could be a great place to stash cash through the payment of excess premium in the flexible universal life policy , of which the IRS did n't like much When a life insurance policy becomes a MEC it is still a life insurance policy for death . Any pre-death distributions , however , cause the policy to be treated more like an annuity and distributions are treated as income first . That limits the use of the funds during the life of the insured . Life insurance treats policy loans as the payment of the basis -LRB- premiums paid in -RRB- first , and this feature is lost when a policy becomes a MEC . In fact , a number of tax-favorable benefits of life insurance are lost . To determine if a life policy has become a MEC , premiums are compared on a 7-pay test that helps establish the amount of premium , after paying 7 level annual premium amounts , that would pay up the policy in the first seven years after the life policy was issued . Being subjected to the 7-pay test or MEC test can occur well after the first seven years if there has been a material change in the policy . However , despite all of the latter , a life insurance policy that is stuffed with cash and violates the 7-pay MEC test down the road , has specific advantages even considering the disadvantages . One of those advantages is having more cash value than the face amount of coverage at death so you should also consider whether this life insurance became a MEC due to some specific financial or estate planning course of action taken by the decedent . Money at death under life insurance made to be a MEC are usually deliberate planning moves to pass cash or benefits of cash beyond the next immediate generation . For example , Grandpa wants to give each grandchild a sizable sum of money but wants to avoid generation skipping taxation . A MEC that pays as a death benefit is a contract paid , rather than money given . Check it out but this is another possibility for life insurance with too much cash value ! "}
{"input": "A Whole Life Policy Owner Passed Away With Cash Surrender Value Higher Than The Death Benefit. Which Amount Will The Beneficiary Get? ", "output": "I would be interested in seeing this policy as something does not make sense . You see , the cash value can not be higher than the death benefit . With these type of policies , the death benefit would start to increase staying ahead or higher than what the cash value is . By contract , the death benefit is what will get paid out . I encourage you to have a local agent look at the policy to review it so you understand exactly what will be paid out as the benefit . Or you are welcome to contact me . I am sorry for your loss . "}
{"input": "A Whole Life Policy Owner Passed Away With Cash Surrender Value Higher Than The Death Benefit. Which Amount Will The Beneficiary Get? ", "output": "The cash value on an old Whole Life policy may well be higher than the face amount as written on the original policy pages . Over the years , the issuer of the whole life policy may well have deposited annual dividends into the policy . As the ash value of the dividends increased , the cash value of the policy may well have grown to be higher than the initial face amount . The dividends paid into the policy will increase the death benefit as well . The original policy wo n't reflect the payment of those dividends . The policy owner would normally get an annual statement indicating the actual CURRENT death benefit of the policy . Nothing will be lost , as the actual death benefit will always be higher than the cash value . "}
{"input": "A Whole Life Policy Owner Passed Away With Cash Surrender Value Higher Than The Death Benefit. Which Amount Will The Beneficiary Get? ", "output": "I have to wonder if you are understanding the current values correctly . I do n't know of an instance where the cash surrender value of a whole life policy could possibly grow to be more than the death benefit . It just does n't make sense . But that said , if that actually is the case the insurance company SHOULD pay the higher benefit . "}
{"input": "A Whole Life Policy Owner Passed Away With Cash Surrender Value Higher Than The Death Benefit. Which Amount Will The Beneficiary Get? ", "output": "I am sorry for your loss , and pray that you find comfort during this time . You have asked a great question . I 'm going to hazard a guess and say that the policy has been in force for many years . Over that time , the amount paid into the policy has exceeded whatever the face value of the policy is , the company pays the occasional dividend , or both . In any case , the cash value has grown to exceed the stated benefit value of the policy . I have policies that are the same way ; my Dad was wise and loved us enough to buy policies for us with what at the time were adequate face values . Over the years , what I 've paid on the policy has been supplemented by dividends paid by the insurance company . The cash value is about triple the face value . But if you look at the monthly statement , I will bet you will see what I see on mine - the death benefit is equal to the face value + the excess cash value , minus any unpaid loans or owed premium . My bet is the policy is written with a company that has been fiscally prosperous , and paid steady dividends to the policy . Your loved one made a wise decision purchasing this policy . May God bless and keep you in your time of sorrow , and thank you for asking . "}
{"input": "A Whole Life Policy Owner Passed Away With Cash Surrender Value Higher Than The Death Benefit. Which Amount Will The Beneficiary Get? ", "output": "If an insured allowed dividends to accumulate at interest the combination of cash value and accumulated dividends could exceed the face amount of the policy . The company always pays the face amount written on the policy plus the value of any accumulated dividends . In your case the combination could result in a significant payout . "}
{"input": "Is Health Insurance Based On Income? ", "output": "Under the Affordable Care Act ... although the plans have not been released yet ... it appears that there may be different `` Silver '' tier plans available based on income . The lower your income , the lower the copays , etc. . However , I would also add that Subsidies -LRB- to help pay your premiums -RRB- are based on your income . "}
{"input": "Is Health Insurance Based On Income? ", "output": "Health insurance is not coordinated in a manner that is directly effected by income . The reason that disability insurance has limits which generally do not provide for over 70 % -LRB- including other disability coverage such as state disability -RRB- of ones income is to prevent the policy holder from creating a situation where collecting disability payments is more profitable then returning to work , Because of the significantly different situations in which a person will be submitting a claim to their insurance company their is no such coordination between ones income and their coverage options . Although any health insurance premiums that had a annual expense of 9.5 % or more of a individual or households modified adjusted gross income is viewed as being a excessive financial drain -LRB- although this is only really relevant to employees who are offered to participate in a group health insurance policy -RRB- . "}
{"input": "Who Is Eligible For Part B Medicare? ", "output": "It depended on your circumstances ; whether youre applying when youre eligible to enroll in part B or youre disabled . There are also exceptions or rule accommodations for those with end stage renal disease . The initial enrollment period occurs when you turn age 65 or have been taking Social Security benefits for two years . "}
{"input": "Who Is Eligible For Part B Medicare? ", "output": "The same persons who are eligible for Part A Medicare are also eligible for Part B . In fact , most people automatically start getting Part A and B Medicare on their 65th birthday . Plus , those who have not paid into Medicare are eligible for Part B because there is a premium that can be paid to get Part B Medicare . "}
{"input": "How Long Does It Take To Get A Check From Life Insurance? ", "output": "If the paperwork is filled out completely and a certified death certificate is included with the paperwork , a life insurance claim can go through within a few weeks . However , even if there are problems , it is important for the life insurance company to get the check to the beneficiary within a couple of months . State regulators monitor this to be sure beneficiaries are paid in a timely manner . "}
{"input": "How Long Does It Take To Get A Check From Life Insurance? ", "output": "A death claim needs the required documentation such as the death certificate , newspaper obituary and the life insurance death benefit submittal form . Once those documents are in the home office of the issuing life insurance company it should take 30-60 days to receive the death benefit proceeds . "}
{"input": "How Long Does It Take To Get A Check From Life Insurance? ", "output": "It can take from a few days to a couple of months to get a check from life insurance . You first need to request a claim form , fill it out , and return it to the insurance company with a certified death certificate . The amount of time it takes for them to process the claim and send you the check is a few business days to a couple of months . "}
{"input": "How Long Does It Take To Get A Check From Life Insurance? ", "output": "In the context of a death claim , for policies inforce for more than two years , routine death claims can take as little as a week from the time they receive a copy of the death certificate . Some insurance companies take longer . Policies less than two years old are within the contestability period and are investigated more thoroughly which takes longer . Policy withdrawals or loans against the cash values of a permanent policy typically take approximately a week or two from the time the insurance company receives the request . "}
{"input": "Is Disability Insurance Considered Income? ", "output": "Disability insurance benefits generate tax free income for the policy owner when the policy insured is unable to work because of prolonged injury or sickness . The income is tax free because the disability insurance premiums were not deducted . There are scenarios where a business can expense disability premiums , but then the income is taxable at ordinary income tax rates . "}
{"input": "Can Health Insurance Drug Test? ", "output": "If you are purchasing health insurance on the individual market or on an exchange , no insurance company us is allowed to be require drug testing -LRB- unlike life insurance -RRB- . However , if you are obtaining your coverage through your employer , it is possible that drug testing may be required , if not to obtain health insurance , for other aspects of your job or eligibility to perform other tasks . "}
{"input": "How Hard Is It To Sell Life Insurance? ", "output": "I do n't think selling life insurance is much harder than selling anything else . If you have the right mindset of helping people instead of just closing people to earn a paycheck then you can do well . You must understand that the selling an intangible product versus a tangible product is more about technique . A life insurance policy is a piece of paper and a promise for peace of mind in case of a disaster of an early death . The biggest thing you will need is to be credible . Credibility comes from helping clients with the right product at the right price for their unique situation . It is not `` selling your product '' to a prospect . We all only have our reputation , do n't ruin it by selling instead of helping . "}
{"input": "How Hard Is It To Sell Life Insurance? ", "output": "The hardest part is not the selling , but making the appointments . You have to be driven and a set-motivator in order to succeed in this business . You also have to have thick skin and be able to handle rejection . You will hear A LOT of `` no '' , and get hung up on A LOT , but you have to keep going !! There are a lot of great marketing ideas to help generate leads but you will spend a lot of your time on the phone or prospecting by knocking on doors . The first year is always the toughest , a second job will probably be needed ; but with determination , excellent people skills and a friendly personality , it is not tough to sell life insurance . Make sure you know your product and be able to build a relationship with your client , just do n't come across as a salesman trying to make a buck . "}
{"input": "Why Is Health Insurance More For Women? ", "output": "In the past health insurance cost more for women because they utilize health care services more than men . The Affordable Care Act contained provisions that made it illegal to charge different rates based upon gender . Beginning in January of 2014 all individual health plans must charge the same rate for men as for women . "}
{"input": "How Do You Qualify For Disability Insurance? ", "output": "You qualify for Disability Insurance by applying for a policy , just like you would for Life Insurance . You fill out an application and take a paramed exam in your home or other location of your choice . Not only do the DI underwriters look at your health , but they also take into consideration the nature or your job and the amount of income you make . Then they determine a rating based on the likelihood of your becoming disabled due to illness or injury , and how much Disability Insurance you can get based on your income . If your health disqualifies you , you may still be able to get a Disability Insurance policy with an exclusion , or get a graded DI policy . "}
{"input": "How Do You Qualify For Disability Insurance? ", "output": "From an underwriting stand point disability insuranceis one of the most rigorous insurance policies in whichto qualify . Not only does an underwriter look at your age , build , health status , lifestyle and state of residence but the earning and financial aspects like income and net worth . They will also want to know your occupation and how long you have worked in the industry . "}
{"input": "How Do You Qualify For Disability Insurance? ", "output": "If you are asking how do you qualify to obtain a Disability Insurance policy , the answer is that you must have an income , you must fill out an application that goes through underwriting just like Life Insurance does , and then you must be approved medically . If you are asking how do you qualify to collect a Disability Insurance benefit , you must have a disability that is not excluded from your policy and you must have waiting the length of time -LRB- elimination period -RRB- required to start collecting it . "}
{"input": "When Does Long Term Care Insurance Pay? ", "output": "Long Term Care Insurance pays when certain triggers are met , indicating that the insured person can not care for themselves without assistance . These triggers are the inability to pay for two or more ADL 's -LRB- activities of daily living such as bathing or dressing -RRB- and cognitive impairment . In tax qualified plans , the insured person must show evidence that they will need long term care for over 90 days . The benefit is actually paid after the days of the elimination period have passed . "}
{"input": "Can The United States Government Force You To Buy Health Insurance? ", "output": "Yes and no . While they can not force you to buy insurance , with the Affordable Care Act , they can make you pay an additional tax if you choose not to have health coverage . This tax is supposed to offset the costs that hospitals incur because they have to treat people even if they do n't have insurance . In general , you should get insurance because you never know when you may get sick or injured and medical bills can be huge . Talk to a local independent broker . They can assist you in finding the cheapest plan that meets all of your needs . "}
{"input": "Can The United States Government Force You To Buy Health Insurance? ", "output": "That is an interesting question ! I do n't suppose that anyone can force you to do anything that you do n't want to do , but they can make it unpleasant if you choose not do do what they ask . You can choose to speed , but you might get a ticket ; you can choose to carry an unlicensed gun in your car , but if found , you may spend some time in jail . We all make choices , and some have negative consequences . Buying health insurance is the same . Does buying it make sense ? Yes it does . Your options for treatment are supposed to be the same , should you need them and you have none , but I know -LRB- at least where I live -RRB- those services are n't always provided at the best possible providers . You still get them , but ... You also pay for the services of those who choose not to have insurance , whether you want to or not , through higher prices when you do need medical help . Medical providers are going to get paid one way or another . It also makes sense to have it because if you choose not to buy it , -LRB- and help lower costs for everyone -RRB- the Government can and certainly will levy a tax fine against you , one that increases over time . Can they force you to buy ? Nope , anymore than they can force you to do anything else . I hope that answers your question , and thank you for asking it ! "}
{"input": "Can The United States Government Force You To Buy Health Insurance? ", "output": "My colleagues have pretty much hit the nail on the head . The Health Care Reform Act includes provisions that in effect , `` require '' everyone to be covered by an approved health insurance plan , be it a group or individual contract . The general idea is that if everyone in the United States is covered , then not only will everyone have more access to health care with a means to pay for it , but the costs will be lesser because the insured pool is larger . One of the foundation principals of any insurance is referred to as `` the law of large numbers '' . THis concept means that the larger the pool of insured folks sharing the risk , the more affordable the insurance . That having been said , the rules of the game with our system now certainly do `` strongly encourage '' everyone to have health insurance . And the consequences of chooosing to go against this are some pretty hefty additional taxes that can grow larger with each passing year . Bottom line , please obtain the insurance . "}
{"input": "Can The United States Government Force You To Buy Health Insurance? ", "output": "Boy , what a question . For me , it gets to the root of what is wrong with government these days . Im going to speak bluntly because I feel very strongly about this issue . Even though I sell life insurance for a living , I have had extensive experience in the medical insurance marketplace . I am also a consumer , and have to buy the product for myself and my family . And , I am a patriotic American who wants to see our country run the way it should be . Everybody needs medical care . If the insurance marketplace is left to run by its own devices , the vast majority of people will end up with a product that they like , at a price they can afford . If a small minority of people end up without coverage for whatever reason , their needs can be easily addressed . This could take place with a government safety net , an innovation by private companies , or some combination of the above . Either way , everyone will be able to have some form of coverage so that the cost of getting medical attention could be kept affordable . Beyond making sure that healthcare products and services are safe and secure , I cant see why government invention would be needed at all to make this system work . Next point : nobody is entitled to medical insurance . Frankly , nobody is entitled to anything . A government should not be in the business of providing the stuff to which we think we are entitled . The whole notion of government taking care of you from cradle-to-grave is horribly misguided . A gargantuan state and federal bureaucracy can in no way give each and every man , woman and child the treatment they deserve every day of their life . Last point : giving this gargantuan bureaucracy the legal power to force you to do business with it is a travesty of justice . We have made a horrible mistake by giving the federal government the right to tax or penalize us when purchasing health insurance . We have let it get much too cozy with the corporate providers of healthcare . Who exactly is benefiting by this illicit partnership ? Is it you ? Is it me ? Do we actually have the health insurance we need at a price we can afford ? Many Americans do not . So the answer to your question is yes , the United States government can force you to buy health insurance , and we have nobody to blame but ourselves for this sorry state of affairs . "}
{"input": "What Medicare Plan Is Best? ", "output": "Medicare Supplement Plan F and Plan F Plus which is the same but with a $ 2140 deductible fill in the coverage gaps best for Medicare Parts A and B. if the doctor or facility accepts Medicare patients , these plans will do the job best without having to choose from a network of providers . They also provide Nationwide coverage . "}
{"input": "What Medicare Plan Is Best? ", "output": "Deciding which Medicare Plan is the best depends a lot on your specific needs . There are 11 different Medicare Supplement plans . The best place to start is to contact an independent agent that specializes in Medicare Supplement plans . A good agent will be able to show you all top rated plans available to you and analyze your needs to help you determine which plan is best for you . If done correctly , the whole process will seem easy . Plan F is the most comprehensive plan but it may not be the right fit for you . There are Medicare plans similar to Plan F but the premium can be a lot less . "}
{"input": "What Medicare Plan Is Best? ", "output": "Plan F is the most popular Medigap plan . Before buying one , you first want to research the types of benefits available under a Medigap plan , decide which of these benefits you want , and then select the Medigap policy that meets these needs . All of the Medigap plans are standardized so the benefits under a given plan is the EXACT same from every carrier . So how do they differentiate themselves in that type of marketplace ? They feature different rates , rating methods - community rated , issue age rated , and attained age rated , and value added services -LRB- e.g. UHC plan members can get discounts for vision or dental services and access to the senior sneakers program through AARP -RRB- . A lot of people think `` Why do n't I just get a plan F ? All of the benefits available are included in that plan ! '' While this is true , this plan is also going to be the most expensive . If you 're on a fixed income , you may want to try to keep your cost down . Therefore , a different plan may be more appropriate for you . For example , a plan G offers all of the same benefits as a plan F , except for the Medicare Part B deductible -LRB- $ 147 for 2014 -RRB- . However , a plan G is going to be cheaper than a plan F -LRB- and usually by a good margin -RRB- . Plan N can also reduce premiums by a substantial margin and offer great coverage as well - the difference from plans F & G being a small copay is due when you go to the doctor -LRB- up to a $ 20 copay -RRB- or the hospital -LRB- up to a $ 50 copay -RRB- and excess charges are not covered . Plan N is most useful for someone who 's doctors accept Medicare and accepts assignment -LRB- when accepting assignment , a doctor accepts the Medicare-approved amount as payment in full and can not bill you an excess charge -RRB- . Another major point to keep in mind is where your health is now and where it may be in the future because you might not be able to switch to another Medigap plan later if your health drastically changed down the line , you may not be able to qualify for a new plan if medical underwriting is required . The rating method a carrier uses is an important factor to consider here . You also need to find out which carriers offer the plan in your area . Remember to keep in mind that not every carrier offers every plan . As there are many health care plan options available to seniors , it 's most helpful for you to work with an experienced broker who can guide you through all of these steps . Please feel free to contact me for help or if you have any other questions . Thanks very much . "}
{"input": "Can You Use Life Insurance To Pay For Funeral? ", "output": "Yes , you can use Life Insurance to pay for a funeral . In fact , if you are working with a funeral home , they will help with that process . Life Insurance Death Benefits are there to relieve financial stress especially following the immediate death of a loved one . Life Insurance was first created for this particular reason . It was and still is called Final Expense , designed to cover the funeral expenses and other costs associated with and during the grieving process . Now , you can use Life Insurance Benefits to maintain a standard of living , help supplement income , etc. . "}
{"input": "Can You Use Life Insurance To Pay For Funeral? ", "output": "Great question ! Yes , in fact , in many parts of the country , life insurance was marketed as `` burial insurance '' , and in some circles , still is . Many people do not have the money to invest in large life insurance policies , yet want to protect their family from the expenses of their passing . It is very common , and affordable , to buy a policy that is large enough to provide for a funeral , and leave a little behind for the family . If you would like help finding a policy like that , please feel free to contact me , I 'd be happy to help . Thanks for asking ! "}
{"input": "Can You Use Life Insurance To Pay For Funeral? ", "output": "I have been a Certified Preplanning Consultant and preplanned over $ 1,000,000 of funerals through a local funeral home , with many of them funding their funerals at the same time . It gave me a deep appreciation and understanding for what is needed , and the creative ways that people pay for , their final expense needs . I have come to believe that purchasing a life insurance policy on your own is an excellent way to pay funeral costs . You can assign the policy to the funeral home , if you wish , with a stipulation that the remainder of the death benefit go to your beneficiaries . This is even allowable in a Medicaid spend down . To ensure that your funeral costs do not exceed that amount , you may pick out the items for your funeral or memorial service , and sign a contract for the cost -LRB- the funeral home will probably want to add a modest increase each year , so your policy will need to be little larger than the cost of the funeral you have chosen -RRB- . Or you may leave the proceeds to a family member who you trust to pay for the type of services you desire . Again , the excess death benefit can go to pay for other costs associated with your passing , or to your beneficiary 's personal needs . When my father died last year , our funeral director went so far as to submit the death claim for us . Dad 's having personal life insurance for that purpose was a huge blessing to our family . I highly recommend it . "}
{"input": "Can You Use Life Insurance To Pay For Funeral? ", "output": "Yes . This is one of the most common reasons why people buy life insurance . In fact , there 's a specific category of insurance referred to as burial insurance / final expense insurance . These are typically low face amount figures -LRB- generally $ 25,000 or less -RRB- and are whole life policies . Most people buy larger face amounts to cover a range of expenses -LRB- e.g. pay off the mortgage for their house , loans , etc. -RRB- , use it for estate planning purposes , and to leave a legacy behind to their loved ones . Please note , the proceeds that are paid out from a life insurance policy belong to the beneficiary and they can use the monies however they choose . "}
{"input": "Can You Use Life Insurance To Pay For Funeral? ", "output": "Yes . Paying for funeral expenses was one of the primary reasons for the invention of life insurance , right after providing some degree of financial security for the family and/or loved ones the insured leaves behind . Funeral homes have a high degree of expertise in working with life insurance companies to coordinate the payment for their services with the life insurance carrier . While this can be of great comfort to bereaved family members at the time of loss of a loved one , a person should exercise caution in these situations . Funeral homes after all are a business and they are in business to make a profit . Most funeral homes are honorable and reputable but as with any industry there are those who operate on the margins to put it politely . Giving them the keys to the kingdom when a person is emotionally distressed is often unwise and can leave a person vulnerable to lots of `` upselling '' and excessive expenses . It is always wise to attempt to make plans for funeral arrangements well in advance of the actual need . "}
{"input": "Can You Use Life Insurance To Pay For Funeral? ", "output": "YES . Absolutely . There is , in fact , Final Expense Life Insurance , for just such a cause . It typically is a low amount life insurance policy , of say $ 10,000 - $ 20,000 . However , most folks buy life insurance in larger amounts , so their family and friends can get some funds to help them go on with their own lives , and not just to pay for the deceased person 's funeral . Your call , after a conversation with a life insurance expert . Thank you . GARY LANE "}
{"input": "Can You Use Life Insurance To Pay For Funeral? ", "output": "Life insurance proceeds are spent at the direction of the beneficiary . Frequently the beneficiary uses the proceeds of a life insurance policy to pay final expenses including funeral expenses . Some policies are arranged in such a way as to insure that the proceeds pay funeral costs . These policies are marketed through various funeral homes . However , if the beneficiary is a natural person and doesnt want to use the proceeds for a funeral , that is entirely their decision . "}
{"input": "What Are Non Qualified Annuities? ", "output": "Non-Qualified is a term generally used for non ERISA retirement plans or qualified plans . A life insurance company does n't manufacture qualified products . Annuities , like life insurance , start out as non-qualified product lines not under the jurisdiction of ERISA . Non-qualified annuity payouts distribute basis tax free , whereas qualified annuity payouts are all taxable , even basis . "}
{"input": "What Are Non Qualified Annuities? ", "output": "The term qualified has to do with the tax code . If the annuity receives special treatment under the tax code it is qualified , if not , it is non-qualified . Non-qualified annuities are personally purchased plans that accumulate money while deferring taxes and have the amazing ability to provide a steady stream of income for the life of the annuitant . "}
{"input": "What Are Non Qualified Annuities? ", "output": "Non qualified annuities are one of two types of annuities classified by the IRS . Qualified annuities are usually funded by an employer with pre-tax dollars from an employee 's earnings , and possibly with matching funds from the employer . Non qualified annuities are obtained privately , and are funded with after-tax dollars . Non-qualified annuities are not subject to federal laws governing contribution caps and mandatory withdrawals . "}
{"input": "Can You Have 2 Renters Insurance Policies? ", "output": "In theory , there is nothing to prevent someone from obtaining more than one renter 's policy to cover the same property and liability exposures but should a claim occur most policies have language requiring you to declare other insurance that may cover your claim . Failing to declare the existence of other insurance may void your coverage entirely . If other insurance is available , the policy will outline how the claim would be addressed . In some situations , like property coverage , each company would `` share '' the loss . In others , each insurer may share the loss or one policy would be considered `` excess '' of the other and payment would be made only when one policy 's limit is exhausted . You may also find questions concerning `` other insurance '' on the application you complete and sign when purchasing insurance . Many companies may shy away from writing coverage when they know duplicate coverage exists . Generally , I would say it is not a good idea to have two renters policies covering the same insured . "}
{"input": "Can I Use Medicare In Another State? ", "output": "Yes , you can use Medicare in another state . If you are traveling within the US and need to use medical services in that state , Medicare will pay for your care in almost any hospital or clinic . If using a Medicare Advantage plans , you may need to pay extra if you go to a provider outside your network . "}
{"input": "Does Home Insurance Cover Mold In The Attic? ", "output": "As a rule the answer would be no . Mold is caused by long standing dampness . Your homeowners policy may cover leaking roof due to wind or other covered peril but it is not going to cover mold in most situations . Check with your local agent to see if there are any exceptions in your policy . "}
{"input": "How To Find A Good Life Insurance Agent? ", "output": "Since you are internet savvy , one good place to find a good life insurance agent is on the internet . Obviously , reading answers by agents on this website will help you find some very good life insurance agents . When you visit life insurance websites , look for icons -LRB- such as TRUSTe -RRB- that show that the site is secure . Look for testimonials that sound genuine and not canned . You can check to see if the insurance agency , or the agency he/she represents , has complaints against them . Finally , interview agents to see if you are comfortable with sharing your personal information with them , and feel that they are being honest with you . That trust is crucial when purchasing something as sensitive and important as life insurance . "}
{"input": "How To Find A Good Life Insurance Agent? ", "output": "Find an agent who listens . One of the key talents of an outstanding agent is the ability to listen to a client 's wants and analyze their needs , and supply them alternatives which meet both . The very best agents are outstanding and these things and will make you happy , as part of a long term relationship . You an find such agents at the very finest of companies . Gary Lane , Agent , New York Life , 714\u00a0422\u00a09616 . Please call . Thank you . "}
{"input": "Which Company Is Best For Health Insurance In India? ", "output": "It is really impossible to say any one company is `` best '' for all situations . To determine the best plan for your personal situation , I suggest speaking with a licensed insurance agent , one who represents all the major companies in your area . That is the only way to ensure you receive honest , expert advice , based on your personal needs . If you are eligible for financial assistance from the Affordable Care act , you should also make sure the agent you speak to is certified to sell on the exchange . There are only a small number of companies offering `` Omabacare '' plans in Indiana at this time . In some counties , Anthem Blue Cross is the only company available on the exchange at all . They do offer several different plans , with varying costs and coverage . "}
{"input": "How Much Is Medicare Part D For 2013? ", "output": "It depends on the plan in your area . United HealthCare has a PDP for $ 15 / month I have seen some over $ 50 per month . Do n't go by price alone however . You need to base the plan you select on what drugs you take and whether or not they are in the plan formulary . Every Formulary is different . Premium is just one factor . Go to Medicare.gov and you can put your prescriptions into the system and find out which plan is right for you . If you have problems doing this I can help over the phone or you can consult a local agent certified to do Medicare plans . "}
{"input": "How Much Is Medicare Part D For 2013? ", "output": "Medicare Part D premiums vary by zip code and drug formulary . A plan that is available in your friends area may not be available where you live . Be careful when you shop and compare Part D plans . Do n't go strictly on a friends recommendation or because the plan is promoted by someone such as AARP or is from a known carrier like Blue Cross . Use the Medicare drug formulary finder to pick the best plan for your needs and budget . "}
{"input": "Can You Buy Auto Insurance Out Of State? ", "output": "You must purchase your auto insurance policy in the state in which the vehicle is registered due to the regulatory framework of the insurance industry . Every state has regulatory agency that approves rates and coverage for companies operating within that state . If you own multiple vehicles in multiple states you would need to buy separate policies within each state . "}
{"input": "Does Part A Medicare Cover Outpatient Surgery? ", "output": "Medicare Part A is for inpatient surgery as well as other claims incurred while an inpatient in a hospital . Part A coverage includes room and board , medications dispensed and administered while an inpatient , lab and most other charges incurred as an inpatient . Medicare Part B covers outpatient surgery in a clinic or doctors office . "}
{"input": "Can I Rent A Uhaul Without Auto Insurance? ", "output": "Probably so , yes . You see , in many cases , if you had automobile insurance , it may not extend coverage onto a commercial van or truck like that anyway . So in a case like that even if you had your own insurance , you would need to obtain the coverage that Uhaul might offer as part of their package . "}
{"input": "What Does Medicare Supplement Plan G Cover? ", "output": "Medicare supplement Plan G covers the following benefits : 1 . Medicare Part A coinsurance and hospital costs up to an additional 365 days after Medicare benefits are used up 2 . Medicare Part B coinsurance or copayment 3 . Blood -LRB- first 3 pints -RRB- 4 . Part A hospice care coinsurance or copayment 5 . Skilled nursing fcility care coinsurance 6 . Medicare Part A deductible 7 . Medicare Part B excess charges 8 . Foreign Travel Emergency -LRB- up to plan limits -RRB- Out of the 9 benefits available under Medicare supplement -LRB- Medigap -RRB- plans , Plan G covers 8 of them - the 9th benefit being your Medicare Part B deductible -LRB- $ 147 in 2014 - covered under plans C and F -RRB- . Plan F covers all 9 benefits . Medicare supplement plans are standardized ! Meaning plan G from company A is the same plan G from company B. Work with an independent agent/broker that can compare different carriers to determine which will be most suitable for your program . "}
{"input": "What Does Medicare Supplement Plan G Cover? ", "output": "If you have Medigap Plan G , Original Medicare will pay it 's share of Medicare approved amounts and then Medigap Plan G will pay it 's share . It boils down to this . . Original Medicare pays 80 % of Medicare approved amounts , Plan G pays the remaining 20 % of Medicare approved amounts after you have met/paid the annual Part B deductible of $ 147 . Once that $ 147 deductible is met , you are covered with the same benefits as Plan F. Thank you for reading my response . Please let me know if I can be of further assistance . "}
{"input": "Does Health Insurance Cost More For Smokers? ", "output": "Health insurance cost more for smokers om most medical plans . The exception is a `` short-term '' policy with selected carriers . For temporary policies , often the smoking status is not considered in determining the rate . When State Exchanges/Marketplaces begin offering coverage -LRB- You should continue to purchase coverage through a broker and/or their website -RRB- in 2014 , smoking will impact all plans . Although any existing conditions will not impact the rate , smoking will . So if you can stop , it will save money . If you ca n't , many smoking cessation expenses will be covered under the new plans . "}
{"input": "Which Are The Best Annuities? ", "output": "All savings and investment products should have a determination process to qualify as suitable for purchase by the saver or investor . Non-qualified annuities , whether fixed , indexed or variable , are no exception . A personal financial profile that includes a risk tolerance test , financial goals , effective tax bracket and a life expectancy report is necessary to establish the type of annuity that should be purchased . "}
{"input": "Which Are The Best Annuities? ", "output": "The best annuities are the ones you own . If you are choosing which annuity to buy , you will find that there is a wide range of options available . There are two basic types of annuities , immediate and deferred . If you have funds that you are prepared to invest now in exchange for an income flow that starts immediately , then you want an immediate annuity , otherwise you want a deferred annuity . The range of annuities ranges from guaranteed to speculative . Some require specific licenses . The investment should be paired with your risk tolerance . The best annuity is one that does not cause you stress and meets your financial objectives . "}
{"input": "Does Homeowners Insurance Cover Stolen Bicycles? ", "output": "Bicycles are personal property . As such they are covered under your homeowners policy . Your homeowners policy has a deductible . That deductible might exceed the value of the bicycle . Often homeowners policies have earned a discount for being claims free . Sometimes losing that discount is a major issue . Contact your agent prior to submitting a claim . "}
{"input": "Does Renters Insurance Cover Windows? ", "output": "It may , many renters insurance policies provide coverage if windows were damaged by a covered incident less the policy deductible . 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": "Is Critical Illness Insurance PPI? ", "output": "Critical Illness Insurance is not the same type of policy as PPI -LRB- Payment Protection Insurance -RRB- . Critical Illness Insurance pays a lump sump to the insured person if the Insured suffers a qualifying illness or health condition . PPI makes payments for a mortgage or large loan if the insured person is unable to work due to an accident , illness , or losing their job . It might also pay off the loan if the insured person dies due to that condition . "}
{"input": "Is Critical Illness Insurance PPI? ", "output": "Critical Insurance in the United States is not PPI . The United States does not have Payment Protection Insurance , per se . There are life insurance policies sold with some mortgages and loans that would pay off the loan in case of death , in the US . Critical Illness insurance pays the insured person a lump sum so that they can pay their debts as they see fit . "}
{"input": "What To Do When You Can't Afford Car Insurance? ", "output": "Great question ! That is a tough place to be , but it will be much worse if you get caught driving without it , so please do n't do that . The best way is to see if you can be added as a driver on someone else 's policy - a parent , or spouse ? If not , look for bare bones policies with a higher deductible - and then be a very careful driver ! You might also look into getting the policy through a company that you have other insurance with - often they give big discounts when you add policies . There are policies out there that are affordable for almost everyone , find an independent agent -LRB- one not tied strictly to a big name company -RRB- and have them help . feel free to contact me if you would like help.Thanks for asking ! "}
{"input": "Can Race Car Drivers Get Life Insurance? ", "output": "Race car drivers can buy life insurance . It 's important to disclose this profession -LRB- or hobby -RRB- upfront when purchasing a policy . Many insurance companies have specific forms to complete when applying for coverage . These forms are designed to provide the insurance company with the details of the driving activities . Using those details , the insurance company will make a decision on whether or not they will insure that race car driver and how much extra that person may pay because of the risks involved . "}
{"input": "Can Race Car Drivers Get Life Insurance? ", "output": "As with most hobbies or recreations , motor sports has a wide variety of types and levels of participation . The impact that race car driving will have on your ability to get a life insurance policy and the terms of that policy will depend on the specifics of your particular type -LRB- s -RRB- of racing . Racing in sanctioned sports car club events or in a hobby stock division at a local short track will have no impact on your ability to get life insurance . Being a test driver for an F1 team will make you uninsurable through any standard life insurance company . This is another great example of why getting life insurance as soon as you are able can be such a good idea . People rarely start racing at very dangerous levels . Similar to the way your chances of having health problems increases with age , to some extent your opportunity to have risky hobbies also increases through your twenties and thirties . It generally takes some amount of career and financial success to afford many of these avocations . Fast cars , fast boats , airplanes , mountain climbing vacations and the like all require money that usually comes a little later in life . By getting a good amount of inexpensive insurance when you are young , you may avoid paying for some risky behavior you pick up down the road . Just a little food for thought you future dare devils :-RRB- "}
{"input": "Can Race Car Drivers Get Life Insurance? ", "output": "Can race care drivers get life insurance ? Yes , race car drivers can by insured . There may an extra risk charge attached to the policy . It depends on the situation . Having placed race car driver with a life insurance company , what we made as a point of providing a ton of extra information about the actual safety of the racing curcuit . "}
{"input": "Can I Drive My Friend's Car With My Insurance? ", "output": "Insurance follows the car . The primary coverage for the car that you wish to borrow will be the policy that your friend has on the car . The coverage that you have in a policy on your car would be secondary insurance in the event a claim made against the borrowed car exceeded the limits of your friends policy . Your policy does not become primary coverage . "}
{"input": "I want to get 12 million policy per person can I do that and how much would it be monthly? ", "output": "That is a great question ! There are companies that will write you , certainly , and you will have willing agents lining up on your gated mansion doorstep looking for that business . For that size policy , you need to expect for some things to happen , that would n't for smaller policies . You will have a med workup like no other ; They will want a financial statement verifying that the amount of coverage is warranted , and some iron clad ID . It will take longer than the ordinary policy to underwrite and process also , so if you are looking for it to be done quickly , I 'd advise you to not expect that to happen . Call me , I 'll help you get those puppies written ! Thanks for asking ! "}
{"input": "I want to get 12 million policy per person can I do that and how much would it be monthly? ", "output": "Yes , it is possible but that is a pretty high level coverage so it wo n't be a simple process that you can knock out in a few days . First of all , you and the others involved would have to have income levels that would justify such a coverage level . Usually policies of these levels are taken out for highly paid executives of corporations or wealthy families . It would be impossible to provide you with an estimated cost without much more detail -LRB- ages , sex , income/asset status , health , etc. -RRB- . I would be happy to assist you with this process but it is a process and obtaining coverage at levels you are asking about has much more involved in it that if you were looking for $ 50,000 in coverage on a group of people . That 's a lot of risk you are asking a life insurance company to take on -LRB- in fact , it is quite likely that at these levels you might have more than one life insurance company involved as they may want to split up the risk -RRB- . Let 's say you are some Silicon Valley firm where all the officers/founders now find themselves multi-millionaires and that there are 12 off you . And then for some reason all of you get on the same airplane -LRB- probably your private jet -RRB- and it goes down with all on board killed . That 's at least $ 144 million that the life insurer has to come up with in short order -LRB- quite possibly $ 288 million if an accidental death & dismemberment provision is included -RRB- . That 's a lot of cash for even the biggest life insurance companies to just pull out of their bank account . Please feel free to contact me if you wish to explore this coverage . "}
{"input": "I want to get 12 million policy per person can I do that and how much would it be monthly? ", "output": "Obtaining that amount of life insurance is possible . Important factors to consider are the safety of the company , the rate you pay and the underwriting criteria . With more than 34 years of expert and unbiased experience in the life insurance business , feel free to contact me to review your best options . LIVE answer provided by : Ed Harris - Premier life insurance broker since 1980 and owner of several of the nation 's top-rated websites that provide the lowest available rates . "}
{"input": "I want to get 12 million policy per person can I do that and how much would it be monthly? ", "output": "Yes this can be accomplished . I can help get your policy set up . Send me an email via the `` contact me '' button or call me -LRB- my contact information is on my agent profile page -RRB- . My agency represents over 50 companies and are licensed in over 35 states so we can shop the case to a large number of carriers to make sure that the program being set up will offer it at the lowest cost . I also wanted to clarify as you indicate `` per person '' in your question , are you looking for one policy with a face amount of $ 12,000,000 with multiple beneficiaries or multiple policies for a greater amount ? The cost of any policy will depend on a number of things - the risk classification is the most important factor as it determines the premiums for the policy . The risk classification is determined by the medical history - your gender , height/weight profile , any medications , any major medical conditions , family medical history , the results of the medical exam , any use of tobacco products , and other factors . Please note , with a $ 12,000,000 life insurance policy , the process may involve a reinsurance company and the carrier will likely ask for a financial questionnaire to make sure that the desired figure for the coverage is suitable to your income level and the financial need is justifiable . I hope the information is helpful - please feel free to contact me for help getting the policy in place and if you have any other questions . Thanks very much . "}
{"input": "I want to get 12 million policy per person can I do that and how much would it be monthly? ", "output": "The quote engine on my website quotes to $ 5,000,000 . You can input the gender , ages , build , and health conditions of the persons you are looking to cover to get an idea of what the premiums will be for them . Take the result times 2.35 to get the approximate premium for $ 12,000,000 . My expertise is in finding the best health rating and price for each person . Whenever you are looking at more than one person , there is a health factor involved , that possibly , not even the applicant is aware they have . After 12 years of finding the best quotes for hundreds of impaired risk applicants each month , I can definitely help you in that crucial and foundational step . After finding your best carrier , I would work with the `` big case '' department of that company to knock out the details . They know all the ropes so you can get the rate you qualify for . I am connected with a prestigious brokerage whose reps will bend over backwards to help get this done in the smoothest possible fashion . If you would like my personal assistance , I would be happy to help . As you can see , there are several good agents who put a lot of time answering consumer questions on this website , and I 'm sure that all of us are qualified in different ways , to pull this off for you . While we love to do this as a service , it is always a joy when one of our answers prompts someone to contact us . "}
{"input": "How Do Long Term Care Insurance Policies Work? ", "output": "Long Term Care Insurance policies pay you or the facility you are residing in for the care you are receiving in the event that you need long term care -LRB- LTC -RRB- services . You must meet the qualifications , and depending on the elimination period you chose on your policy , there will be a waiting period before payments start . Payments will end when the years you chose are used up or the lifetime dollar amount of the policy is used up . "}
{"input": "How Do Long Term Care Insurance Policies Work? ", "output": "Long term care insurance policies can cover extended stays in nursing homes or convalescent care at home in contrast to long term care riders on mortality products like life insurance or annuities . Each contract has duration provisions spelled out in the policy . Its important to understand the elimination or waiting period and incorporate it your retirement planning . "}
{"input": "Section 125 Employer Health Insurance Plan What Is It? ", "output": "A Section 125 plan allows employees to pretax their portion of health insurance premiums for medical , dental , vision , etc. . In addition there are two other options that help employees . You can defer from your paycheck and pay for allowable expenses under the IRS code section 213 up to $ 2,500 a year . This inculdes deductibles , co-pays , co-insurance , dental and vision expenses to name a few . The third component is the ability to defer up to $ 5,000 a year to pay for allowable child care for children under 13 . By paying for your reimbusrible medical expenses and childcare through a Section 125 plan you are using pre-tax dollars and will not pay income taxes on those funds . It is like having the government pay 25 % of your medical and childcare expenses . "}
{"input": "Who Regulates Health Insurance In Missouri? ", "output": "Health Insurance in Missouri is regulated by Missouri Department of Insurance . Their web site is WEBSITELINK . Of course , depending on why you need information on who regulates Health insurance in MO , but if you are working with agent he/she should be able to answer your question and direct you . "}
{"input": "How Long Does It Take For Disability Insurance To Kick In? ", "output": "I believe you are asking when the disability insurance benefits begin . All disability policies have a waiting period called the elimination period . This can be found on the declaration page in your policy . The elimination period is the period of time between a medical diagnosis of the disability and when benefits begin to pay to the insured . The most common elimination periods are 30-60-90-180-360 days . "}
{"input": "How Long Does It Take For Disability Insurance To Kick In? ", "output": "The amount of time it takes for disability insurance to kick in depends on the elimination period chosen when the policy was purchased . The shorter the elimination period , and the sooner the disability benefits kick in , the higher the premium usually is . A common elimination period for long term disability insurance is three months . "}
{"input": "What Does Dave Ramsey Think Of Annuities? ", "output": "What does Dave Ramsey think of Annuities ? Not really sure as I do n't follow Dave Ramsey that much . Dave is the current financial `` guru '' gracing the airwaves . There were many before Dave and there will be many after Dave . While Dave 's message about getting out of debt and staying out of debt is a fine one , similar to the one my mom told me many years ago , Dave does n't always understand financial products that well as honest advice on them might conflict with his message . "}
{"input": "What Does Dave Ramsey Think Of Annuities? ", "output": "Allegedly , Dave Ramsey is not a big fan of annuities . He believes in limiting and as quickly as possible , eliminating debts . But Mr. Ramsey is simply one voice among many who have opinions of annuities . A Certified Financial Planner will provide you with unbiased advice regarding the suitability of annuities in your portfolio . "}
{"input": "Is Medicare Self Sustaining? ", "output": "Medicare is not self sustaining . It was never designed to be . When LBJ signed Medicare into law he knew then that costs would outrun tax revenues but he was more concerned with a legacy law than fiscal responsibility . Aging boomers + a sluggish economy = lower tax revenues . Medicare is kept afloat by shifting the cost to seniors and providers . "}
{"input": "How Much Does The Average Person Pay For Homeowners Insurance? ", "output": "The Average Person pays a wide variety of premium rates for homeowners insurance in the USA . Each State has a separate Department of Insurance and whole new set of rules regarding setting rates and risk assessment . Homeowners Insurance varies depending on geographic location , reconstruction cost of risk and prior history . There are also additional factors inclusive but not exclusive of optional limits required , amount of deductible and additional endorsements . If one is seeking a cheap but good homeowners insurance policy , the best way to handle it is obtain an online quote , request the minimum limits available forthe dwelling , the minimum personal liability limit available and the maximum deductible option ; these entries will produce the lowest rate for the specific home . Please do take into consideration thatthe lowest premium will beoffered by ` preferred insurance carriers ' who specialize inclaim free homes which are maintained inexcellent repair and display pride of ownership . To provide a simple , direct and online option to obtain a quote , the following link is available in multiple States : WEBSITELINK The above link will allow a client or a real estate professional to obtain a quote and purchase the insurance directly online . "}
{"input": "How Much Is Home Insurance For A Condo? ", "output": "A condominium is a collection of individual home units and common areas along with the land where the building is built . Individual home ownership within a condominium means ownership of only the air space confining the boundaries of the home . The exterior walls , common areas and other property are owned by the condominium association . The result is that a condo policy does not cover anything except the inside of the condominium unit . "}
{"input": "How Much Tax Do You Pay On A Life Insurance Policy? ", "output": "There is really only a couple of situations when life insurance is taxable . If the death benefits go to a proper beneficiary such as a person , organization or business , they will be tax free . If the cash value is `` borrowed '' from a cash value life insurance policy , it too is tax free . The first taxable situation on death proceeds is if the beneficiary is the estate , this can trigger taxation . Be sure this is not the case . The second taxable situation is with the cash value of a policy that is allowed to lapse or surrendered , which is life insurance speak for cancelled . In these cases the excess gains would be subject to ordinary income taxes . I highly recommend talking over options with your agent , advisor or insurance carrier before making a costly decision . "}
{"input": "How Much Tax Do You Pay On A Life Insurance Policy? ", "output": "The only taxed dollars usually on an insurance policy are those used to pay the premium . The death benefit is usually income tax free . I use the word usually because there are always exceptions to the rules depending on the situation . Generally , the IRS wants a tax paid on either the money going in or the money coming out . So your retirement plan allows you to write off the money paid into the plan while it 's growing . Then when you start to withdraw those funds , the IRS applies taxes to them . Life insurance works in the opposite direction . You pay taxes on the premium collected and none on the death benefit and depending on what type of policy you 've purchased and how you 've structured it anywhere from `` none '' to some on the gains . That is why some people choose to use a life policy as a supplement to their retirement plan . The combination creates the opportunity to minimize taxes at the start and finish of your plan . "}
{"input": "How Much Tax Do You Pay On A Life Insurance Policy? ", "output": "A life insurance death benefit is received by the beneficiary income tax free . If the deceased 's estate , including the death benefit paid by the life insurance policy , is over the amount exempted from state and/or federal income taxes , the beneficiary may be requested to pay part of the estate tax . "}
{"input": "How Much Tax Do You Pay On A Life Insurance Policy? ", "output": "The taxation of life insurance is relative simple . The death benefit is income tax free to a live beneficiary . The death benefit is not included in the estate but the value of the proceeds can be used to determine potential estate tax . If a life insurance policy is surrendered that amount that is in excess of the premiums paid is subject to income tax as received . Generally it is determined that the principal is withdrawn first so taxation doesnt occur often . The taxation of life insurance makes it an important part of a financial plan . "}
{"input": "How Much Tax Do You Pay On A Life Insurance Policy? ", "output": "Life insurance proceeds are received by your named beneficiary and are not subject to either federal or state tax . That having been said , if the proceeds are invested , then any growth that is realized is taxable by both the Feds and the State as income . There may be Estate Tax issues depending upon the circumstances so be sure to discuss this with your Tax Professional . "}
{"input": "Does AIG Sell Life Insurance? ", "output": "AIG sells life insurance through its subsidiary American General . As you may or may not be aware , that AIG was bailed out through loans and stock ownership from the government . Since that time AIG has paid back all loans to the government and its subsidiary , American general , has enjoyed a resurgence in sales and brand recognition . "}
{"input": "Why Is The Market For Long-Term Care Insurance So Small? ", "output": "The market for Long Term Care Insurance really is not a small market . Thousands of people who need Long Term Care Insurance do not purchase it for one reason or another : price , denial , and lack of information all play a part . However , the market is reduced by age -LRB- most people do not have an interest in purchasing long term care insurance before age 50 -RRB- , health -LRB- at older ages , more people are disqualified due to health problems -RRB- , income -LRB- many retired persons do not have the income to sustain payment of long term care insurance premiums -RRB- , and assets -LRB- without assets to protect , there is less need for LTCI coverage -RRB- . "}
{"input": "Why Is The Market For Long-Term Care Insurance So Small? ", "output": "In my opinion there are three factors that regulate the size of the long-term care insurance market : - Fear . No one wants to consider , discuss , or especially visualize themselves as unable to take care of normal daily activities of elderly life . Its almost as if some people say , `` If I do n't think about it , it wo n't happen to me '' . There is great anxiety over whom among their relatives or close friends might end up being their caregiver . Many people are scared that they wo n't be able to afford the cost of long-term care . They simply do not want to `` go there '' . It is too scary . - Denial . `` If I ever get that way , just take me out in the back yard and shoot me '' is the classic sign of superficial denial . Such a statement is not made with any degree of sincerity , but what it really says is that the person knows it could happen and that they do not want to live that way and be a burden to their spouse of extended family . But , not to worry . There must be a government program out there that will take care old people that have nowhere to go when they ca n't take care of themselves . Certainly , in a country as rich as ours , no one will allow another to die alone or in the gutter . - Lack of experience . The vast majority of people age 45-65 have not had to care for an elderly relative or close friend . They have no idea of the psychological and emotional energy expended in taking care of a person 24/7/365 . They have never gotten an invoice from a skilled nursing service or had to go shopping for a facility and compare prices for monthly care , nor have the ever even been inside a nursing home and seen the conditions that some elderly have to endure because they did n't have a choice . To turn the question around a bit : Who are the people that do buy their own long-term care insurance ? Most of those that do have gone through personal care giving . They know the challenge . They know the commitment . They know the costs . They know the sacrifices that others in the family have to go through . They know that extended , expensive , long-term care can effect two - even three - generations.About 8 % of the American population has purchased their own long-term care insurance . About 17 % or more of that same population is going to need two years or more of skilled long-term care , either at home , or in a facility or both . Medicare is currently footing about 30-40 % of that bill . As the boomer demographic moves through the age of needed care , who is going to pay for it ? "}
{"input": "Is Life Insurance At Work Enough? ", "output": "The group Life Insurance offered through work is usually not portable , meaning that when you quit or leave the company you lose the insurance , it does not go with you . Some plans will allow you to convert a portion when you retire but the rate will be very high in most cases . I recommend having insurance other than your group plan . "}
{"input": "Is Life Insurance At Work Enough? ", "output": "Besides not being able to take your policy with you when you leave , most businesses offer employees only one to two times their annual income in group life insurance , and this is not enough coverage for most people . Group life insurance also does not have all the options that private policies can give you . "}
{"input": "Can I Sell My Term Life Insurance Policy For Cash? ", "output": "Typically no . A term life insurance policy is rated for you individually based on your age and medical history . It carries no cash value . The only market that exists for term life insurance policies is if you are in a scenario in which your life expectancy has been seriously diminished and you are likely to die within the term policy period , for example you are diagnosed with a terminal illness such as cancer . If you are given 1 year to live and you have 10 years left on your term policy , then there may be a market to buy your policy . However , this is not a good idea as the cash you can get will be substantially lower than the death benefit on the policy . Additionally , some insurance companies , such as Liberty Mutual , include a rider in life insurance policies that grants the insured access to a portion of the death benefit in the event of a terminal illness or complete disablement . Additionally , once the policy is sold there is no recourse to regain ownership of the policy and you have no right to any portion of the death benefit . "}
{"input": "Is Life Insurance Mandatory In Illinois? ", "output": "No , Life Insurance is not mandatory in Illinois . There is no state or federal law that mandates that people purchase life insurance . Sometimes the court or a lending company , e.g. , may require that an individual purchase life insurance as part of a divorce settlement or to protect a loan . But the state of Illinois does not mandate purchasing life insurance . "}
{"input": "How Much Can I Expect To Pay For Auto Insurance? ", "output": "In California car insurance rates are approved by the state Insurance Commissioner . They take into consideration , the driving record of all the members of the household , the type of vehicle to be insured , the use of the vehicle , the annual mileage of the vehicle and where the vehicle is located . An inexperienced driver , with a lousy driving record , driving20 ,000 miles a yearin a new sportscar who lives in a densely populated area can expect to pay a great deal . Total Words : 82 ay a lot for auto insurance . "}
{"input": "How Much Can I Expect To Pay For Auto Insurance? ", "output": "I wish I could answer this question but , unfortunately , there are too many factors that drive your auto insurance premiums to be able to give you even a ballpark estimate . Your age , the car you drive , your driving record , where you live , what you own , what your credit looks like ... there are just too many factors that go into it . I 've seen premiums under $ 300 for a year to $ 4400 for six months and everywhere in between . Take my advice , find an agent you can trust to help you put together the right coverage for you at a price you can afford . Do n't just shop on price . You 'll only be happy when you pay your premiums , not when you have a claim or a lawsuit . "}
{"input": "What Is The Best Whole Life Insurance Policy? ", "output": "What is the best Whole Life Policy ? While there is no direct answer to this , the best answer is whatever policy will best protect your family . There are different types of whole life policies . The most common is ordinary whole life , also called `` straight Life '' or `` Permanent '' -LRB- cash value -RRB- Insurance . You pay a level premium for the rest of your life , as long as you are making your monthly premiums . The premium never increases and your policy accumulates cash value . How much life insurance -LRB- death benefit -RRB- will you need ? That determines on a number of factors such as : Do you have any children/grandchildren you want to leave money to ? How much of your income does your spouse depend on ? Who depends on you financially ? How much debt do you owe ? Do you want to leave money to your favorite charity ? You want to make sure you buy enough life insurance to cover your financial obligations if an unexpected or untimely death occurs . It is also important your premium fit 's within your budget . Because if you ca n't afford it , it is n't any good for you or your family . An insurance agent is the best person to get with to compare the different types of life insurance and find a policy that best suits your situation . I work with many top insurance carriers with the most competitive rates . I 'll do the shopping for you ! Thank you & Be Well , Mendy Douglas www.iflretirement.com/mendy-douglas/ "}
{"input": "What Is The Best Whole Life Insurance Policy? ", "output": "The best whole life policy is the one that pays the death benefit when you die . Regardless of how much you paid in premiums , the death benefit will be greater in most cases . Your beneficiaries will appreciate your love and concern for them when they receive the benefit . The key is to have a policy in force . "}
{"input": "Who Has The Best Renters Insurance Rates? ", "output": "Stillwater Insurance Company has the Best Renters Insurance Rates in most States and most geographic areas . PersonalProperty coverage is available up to $ 300,000 , the minimum available limit of personal property is $ 10,000 for all states , with exception to CA and NM where it is $ 15,000 and FL where the minimum limit is $ 25,000 . Live in partners , such as a boy-friend/girl-friend , areaccepted on the same policy and both partners may be listed as Named or AdditionalNamed Insured . Two immediate family memberts -LRB- adult siblings or parent/adult child -RRB- are accepted on the same policy ; if more than two reside in the household , each would need their own policy . Spouses on one policy are always acceptable , but each adult child would need their own policy . Townhomes/Condos that are located over a store/commercial location/business are allowed . Actual business foot-traffic in the insured property is not allowed . AProperty Management Company of a home or apartment complex may be added as a Certificateholder under the additional interest option on the policy . There is a link providing an online format to obtain a quote and buy renters insurance online in multiple States ; may be useddirectly by Consumers . An exemplary online experience for all ! WEBSITELINK "}
{"input": "Why Do You Have To Have Renters Insurance? ", "output": "Renters ' insurance policies provide a considerable amount of coverage for a relatively small premium . For starters , it is extremely valuable coverage in the event of a loss to your personal property from perils such as fire , smoke , theft and others . It also provides some coverage for liability which can be of significant value . Other desired coverages can be economically added . From a personal standpoint , I saw the value first-hand when my Sons had a severe kitchen fire in their apartment in Raleigh , NC a few years ago . No one was hurt but the apartment became uninhabitable as a result of the fire and smoke damage . Because my Sons were astute enough to have purchased a renters policy , they were reimbursed for all of their burned and smoke-damaged possessions and they received reimbursement for living expenses elsewhere while restoration was being completed . Additionally , the landlord sued them for negligence related to the cause of the fire ... which was quickly thrown-out in court ... but the insurance carrier provided them a defense for the negligence allegation . All-in-all , it cost my Sons their very affordable premium and a small loss deductible to get back to their lives . Without the renters policy , they would have been ` hurting ' for a long time "}
{"input": "Why Do You Have To Have Renters Insurance? ", "output": "There are two reasons why you might be required to have a renters policy . Your landlord is not responsible for your personal property in the rental unit . If the unit was to burn and your property is destroyed you dont have a claim against the landlord . If someone is injured in your unit and sues you , it isnt your landlord that is responsible , it is you . To make sure that the landlord and you dont have misunderstandings and that the expense for the lawsuit is handled properly , the landlord is making it a requirement of your tenancy to maintain a renters policy and probably is requiring that he be named as an additional insured . "}
{"input": "How Many Life Insurance Policies Can One Person Have? ", "output": "A person may have several life insurance policies and in most cases , it makes sense to have multiple policies in force . The number of policies is not the issue as much as the total face amount on the policies that matters . Each carrier has a scale of the total amount of life insurance a person may have based on their income and assets . For an example , a 30 year old male making $ 75,000 per year could qualify with several carriers up to 35 times income or have a total face amount of $ 2,625,000 in total life insurance policies . You may want a combination of permanent life insurance and a couple of different term life insurance policies to keep your premiums affordable and maximize your family 's protection . I recommend using an experienced independent life insurance broker that can shop the market for the right combination of policies to cover your needs at the best possible price . That is very tough to do on our own . "}
{"input": "How Many Life Insurance Policies Can One Person Have? ", "output": "The number of life inusrance policies is not an issue , but the total death benefit in force . Ideally you should have one policy to consolidate policy fees , admin charges andachieve any death benefit break points . This is not always realisitc , if you order an in force ledger on all your polices you may be able to save money . "}
{"input": "Where Can You Get Disability Insurance? ", "output": "There are two distribution channels for disability : the career and brokerage channel . Most planners recommend utilizing the brokerage channel because of their access to the full inventory of disability carriers . Mutual of Omaha is a leader is short term disability insurance . Standard of Oregon is a leader in long term disability insurance . "}
{"input": "Where Can You Get Disability Insurance? ", "output": "You can get Disability Insurance from websites like ours , that shop it for you from several companies . Or you can contact a local life insurance agent . Disability Insurance is carried by companies that usually also carry Life Insurance . But make sure that you are talking with someone who thoroughly understands Disability Insurance so that you will get the features in your policy that accomplish what you desire . "}
{"input": "What Happens If You Don't Plan For Retirement? ", "output": "The same thing that happens when you fail to plan ; you fail . Most working people on average will see about $ 1,000,000 in wages pass through their hands in their working career . Wisdom dictates we take a portion of that money as it comes in and put it aside to cover the times when we are not working . It is possible to not only set money aside but to place it into instruments that provide an interest payment . Money put aside over time receiving even a minimal interest can become a nice nest egg . You will enter into retirement feeling much more secure knowing you have resources in addition to expected Social Security benefits . "}
{"input": "What Happens If You Don't Plan For Retirement? ", "output": "For many Americans , Social Security benefits is the only retirement income they have during their golden years . Most financial advisers agree , that Social Security will not be adequate for most retirees to live on . That being the case , most retirees without additional retirement pensions or contribution plans will be forced to live at the lifestyle their economic means can provide . That reality is not a good one . "}
{"input": "What Happens If You Don't Plan For Retirement? ", "output": "You simply are going to need financial help from someone or some company . Social security does not provide for emergencies like the traveling expenses for a sick child or adult family member , automobile repairs , extra groceries for holidays an unexpected air conditioning repair bill or high electric bill . It is a hard habit to do but you really should put about 25 % of your income into a retirement plan . If you not good at saving then put max amount into your company retirement plan or set up an auto draft for an ira or maybe the best buy as large a participating or variable index life policy you can afford . Make your mind up and stand fast . 30 years goes by so fast you just can not imagine . I bet on my business and lost millions . only money I had left was in my life policy "}
{"input": "How To Switch Health Insurance Companies? ", "output": "Under the affordable care act , you can change to another health insurance plan during the open enrollment period each year . If you 're outside the open enrollment period and want to switch plans , you would need to qualify for a special enrollment period -LRB- also referred to as a qualifying life-changing event -RRB- . Since a carrier can no longer decline you for a pre-existing condition , health insurance plans are , in short , guaranteed-issue . However , changing plans may not necessarily be in your best interest . Be sure to do an in-depth comparison of your existing plans and the proposed new plans you 're looking at to see which is truly better/more advantageous for your own situation - premiums , coinsurance , copayments , deductibles , out-of-pocket maximums , networks -LRB- HMO vs. PPO vs. POS -RRB- and other factors should be taken into account . An experienced health insurance broker can help you with this review . Please feel free to contact me for further assistance . Thanks very much . "}
{"input": "Does Life Insurance Cover Illness? ", "output": "Life insurance does cover death due to illness . It will pay the face amount upon the death of the insured person whether they passed from illness , accident , or old age . Life insurance does not cover expenses associated with having illness while still alive , unless the life insurance policy has a `` living benefit '' feature or rider designed to cover certain types of illness . "}
{"input": "Does Life Insurance Cover Illness? ", "output": "Does life insurance cover illness ? Not in the way health insurance would . Health insurance would help pay for treatment costs , life insurance deals with the death of the insured . If the quesiton is will life insurance pay for death by illness ? yes , in most cases except accidental death coverage . "}
{"input": "What Happens When Your Term Life Insurance Runs Out? ", "output": "What happens when your Term life Insurance policy `` runs out '' or expires or lapses is all the same : Nothing . You no longer have any insurance coverage . And since Term insurance has no cash value you do n't get any kind of refund or surrender value . The only exception is if you had purchased a `` Return of Premium '' rider with your policy . I that case you most likely will receive a portion of the premiums paid in returned to you . "}
{"input": "What Happens When Your Term Life Insurance Runs Out? ", "output": "That is a great question ! Once your term policy ends , you will have one of two things happen . You will either both part ways like you 'd never met and done business , as there will be no further obligations on either side - you do n't owe them anything , and they owe you nothing . The other alternative is that you decide you want the coverage to last a little longer . In that case , if the policy is renewable , you contact them , and they renew it for another year , at a very healthy premium rate . Each time you decide to renew , they increase at very healthy increases . That continues until you come to your senses , or go broke . I hope that helps , thanks for asking ! "}
{"input": "What Happens When Your Term Life Insurance Runs Out? ", "output": "Like any other insurance policy -LRB- except permanent life insurance -RRB- a term policy has a start date and an end date . Many term policies will offer renewal after the end of the guaranteed premium period , however the rate increases are usually substantial . If you can qualify for life insurance again , that might be preferable . If you have a permanent need , a permanent life policy might be more appropriate . "}
{"input": "What To Do When Denied Disability Insurance? ", "output": "When denied disability insurance , you have a few options to choose from . I am assuming that you do n't have an employer that can provide you a policy . 1 -RRB- You could try to contest the decline . Getting a letter from your doctor , correcting any mistakes on your MIB , or taking a new exam are all steps that we sometimes take with our clients to see if the denial can be reversed . 2 -RRB- With disability insurance , some companies will make exemptions for certain health conditions or risk factors . Rather than flat out deny you , it may be that you can shop around and find another company that will issue you a policy with or without an exception for the risk that got you declined . 3 -RRB- If you are unsuccessful in finding disability insurance after taking these steps , you can put away $ 100 or more per month so that you will have something to draw on if you were to become disabled . Think of it as paying a premium that is due every month so that you are not tempted to let it slide . It wo n't add up quickly , but it could help you save your home or car . "}
{"input": "What Is The Best Retirement Plan For A Self Employed Person? ", "output": "Self employed individuals have many options when it comes to retirement planning . You may consider a traditional IRA or a Roth IRA . HR 10 or Keogh plans are also an option for self employed individuals if your business structure allows it . There are also simplified plans , including simplified 401 -LRB- k -RRB- plans for small business owners . "}
{"input": "Is Health Insurance Worth The Money? ", "output": "Yes ! I ca n't stress that enough . The purpose of health insurance originates in the same concept as for any type of insurance - to protect yourself financially in the event of a catastrophic event by pooling the risk and shifting it to a third party -LRB- the insurance company -RRB- . In return for a monthly premium , the insurance company will absorb the risk of incurring a massive expense should something happen to the insured individual - if something does happen , they would the financial hit instead of you . In the case of health insurance , a catastrophic event can be many things - a good example is having a surgery performed . A given surgery could cost $ 100,000 or more . Could you afford to write a check that big ? Your average person would say NO . Please feel free to contact me for further assistance . Thanks very much . "}
{"input": "Does A Stay At Home Mom Need Disability Insurance? ", "output": "No , a homemaker would not be eligible for disability insurance , however , a stay at home mom is a perfect candidate for a critical illness insurance policy . You do not need to prove income for that type of policy . The policy would pay out a lump sum benefit to help with hospital fees , co-pays , childcare , etc. . "}
{"input": "Does A Stay At Home Mom Need Disability Insurance? ", "output": "No , in fact a company will not issue you a policy . Disability policies require an income and there are rules as to how much of a percentage of that income can be replaced with a disability policy . If you have no income then you do not need a disability policy . "}
{"input": "Does A Stay At Home Mom Need Disability Insurance? ", "output": "Does a stay at home mom need disability insurance ? Yes , I would n't argue the need , the problem would be finding a company that would underwrite a homemaker disability policy . The basic element for any disability policy is a W2 or 1099 to prove income . Without one , I ca n't think of a disability carrier that would write such a policy . "}
{"input": "How Long Will Life Insurance Last? ", "output": "Life insurance will last as long as you purchase it to last . The longer the coverage , the more the premium usually is . However , when you lock in the premium for a long period of time at a younger age and while having good health , it can be cheaper in the longer run . "}
{"input": "How Long Will Life Insurance Last? ", "output": "The length of coverage is generally settled at the purchase of the policy . If you 're under age 50 , you can secure 30 year term life insurance . Over age 50 the guaranteed periods reduce with age . If you purchased guaranteed universal life , you could be covered age 85 to age 121 , depending on the contract . If you purchased participating whole life , most of these products go from age 100 to 121 . "}
{"input": "How Long Will Life Insurance Last? ", "output": "How long Life Insurance will last depends on the Type of life insurance . Term insurance is designed to last for the length of the Term , -LRB- 1 , 10 , 15 , 20 , 30 years -RRB- , or until the insured dies - whichever comes first . This of course depends on the owner making the premium payments as agreed . If premiums are not paid the policy will lapse and the insurance ends . With Whole Life insurance , -LRB- assuming the premiums are kept current -RRB- , the insurance lasts for the life of the insured up to the age specified in the contract - typically 100 years . When the insured reaches that age the insurance provider will pay the owner the entire value of the policy and the contract ends . SHould the insured die before reaching the `` maturity age '' of the contract , the beneficiary will receive the benefit value of the policy - income tax Free . "}
{"input": "How Does Employee Life Insurance Work? ", "output": "Employee life insurance usually refers to a group term life insurance plan provided as a benefit for employees of a company . But employee life insurance can also include voluntary plans and business life insurance policies such as those used in conjunction with a non-qualified deferred compensation agreement . In some cases the employer pays all or part of the premium . Voluntary life premiums are normally paid by the employee . Group term life plans and voluntary insurance allow the employee to name the beneficiary . Business life insurance plans usually have the employer as the beneficiary . "}
{"input": "Is Medicare Coverage The Same In All States? ", "output": "Medicare Part A and B benefits are the same in every state . It 's also known as Original Medicare . If you have a Medigap Plan -LRB- aka Medicare Supplement Insurance -RRB- , your policy benefits are the same regardless of which state you use the plan in . Meaning , if you purchased a Medigap Plan in your state of residence , you can use the Plan and the benefits in any other state as long as you visit a Medicare approved provider . Medicare Part D -LRB- Prescription Drug Coverage -RRB- and Medicare Part C -LRB- Advantage Plans -RRB- are not quite as clear cut and depend on your specific plan benefits . "}
{"input": "Is Medicare Coverage The Same In All States? ", "output": "`` Original '' Medicare provides identical benefits in every state . Likewise , Medicare supplement plans -LRB- Medigap -RRB- is also identical in every state . Medicare Advantage plans will vary greatly by price and benefit not only from state to state but within a state . "}
{"input": "Is Medicare Coverage The Same In All States? ", "output": "Medicare is a federal program . The benefits are the same regardless of the state in which you live . Incidentally , it isnt the same should you travel outside the USA or reside outside the USA . This produces a dilemma for medical providers as the cost of services isnt the same everywhere . In some places Medicare payments are deemed adequate . In others , they are inadequate . "}
{"input": "Can I Pay My Life Insurance With My HSA? ", "output": "Can you pay your life premiums with HSA funds ? At this time , the answer is no . That does not mean that in the future premiums could be as we never know one year from the next what will be legislated and what wo n't . Insurance laws are changing or in a state of flux these days . Nothing is impossible . "}
{"input": "Can I Pay My Life Insurance With My HSA? ", "output": "No , unfortunately , it is not allowed by the IRS to pay for your life insurance premiums with your HSA -LRB- Health Savings Account -RRB- . HSA funds can only be used for Long Term Care insurance premiums , -LRB- within limits -RRB- ; COBRA health insurance premiums or health care premiums paid while receiving unemployment compensation -LRB- including premiums for spouse or dependents -RRB- ; and premiums to pay Medicare if age 65 + -LRB- but not premiums for Medicare Supplemental policies -RRB- . "}
{"input": "What To Do If Your Homeowners Insurance Is Cancelled? ", "output": "Homeowners policies are not cancelled very often . Sometimes a company will decide to withdraw from a market . If your company decides to not renew your policy they must give you adequate legal notice , unless it is for non-payment of premium . If the company has cancelled your coverage you can contact a reliable agent that you trust and apply elsewhere for coverage . If the cause of the cancellation is excessive claims , you might find the search difficult . There are companies that deal with hard to place homeowners policies . "}
{"input": "Can I Get Mail Order Prescriptions From Cigna? ", "output": "I am not an attorney but I think it only makes sense to reserve an answer to a point after an investigation so the facts do n't later exonerate you from responsibility . Our advice is always to show compassion for injured people but to avoid admitting fault until all the facts are known . "}
{"input": "Where Do You Purchase Health Insurance? ", "output": "Health insurance can be purchased from a number of different resources . However , to ensure you receive unbiased advice , the lowest rates and current federal subsidy information , an experienced broker and their website is your best resource . As a broker for more than 32 years , the phrase `` we shop so you can save , '' fits perfectly . It 's important to have experience and guidance on your side so you can get quality healthcare at the lowest rates . "}
{"input": "How Much Does Life Insurance Cost For A 70 Year Old Person? ", "output": "A million dollar policy for a 70 year old preferred non-smoker will be around $ 9785 10 year term , $ 14510 15 year term , $ 21600 for 20 year term , $ 23828 Guaranteed UL . A million dollar policy for a 70 year old standard non-smoker will be around $ 12825 10 year term , $ 22110 15 year term , $ 25930 for 20 year term , $ 32840 Guaranteed UL . "}
{"input": "How Much Does Life Insurance Cost For A 70 Year Old Person? ", "output": "The monthly premium for $ 100,000 of life insurance on a male non-smoker would be approximately $ 165 for 10 yr . Term Insurance , and $ 338 for whole life insurance . Even at that age there may be preferred rates and other options . Medical conditions often play a major role in pricing policies for people above age 60 . "}
{"input": "Is Life Insurance A Liquid Asset? ", "output": "That 's a great question ! By definition , a liquid asset is one that you can readily obtain , and move . Your life insurance , especially if it is a term policy , does not fit that description . Term insurance has no value unless you pass away during the term , and you ca n't use it if you wanted too , then . Whole life does have a portion of it that can be used for cash , but again , it takes years to develop a sizable amount , and the big benefit does not pay out until you have passed . There are companies out there that will buy your insurance , for a discounted cash sum , but even then that would not fit the description , or be a wise financial move . Thanks for asking ! "}
{"input": "Is Life Insurance A Liquid Asset? ", "output": "A liquid asset is property which you can easily and immediately dispose of for cash . Such as a Savings Bond or a Treasury Bill -LRB- loss may occur -RRB- . With life insurance , you can only dispose of it , if it is permanent not temporary -LRB- term -RRB- insurance , for cash . And then if you do dispose of it , you will have to pay tax on anything over the basic cost . It pay off , and pays off in dramatically large amounts , only if you hold it until death . A way to avoid the tax problem and to get immediate cash , is to borrow against permanent insurance for IMMEDIATE CASH . This would make the policy a liquid asset under these circumstances , and tax free to boot . Thank you . GARY LANE . "}
{"input": "Is Life Insurance A Liquid Asset? ", "output": "That is a great question ! Technically speaking , no , it is not . A liquid asset by definition is one that is easily moved , like cash , checking or savings accounts . Something like an unrevokable trust , annuity , or life insurance policy is n't , because you can not readily get your cash . In the case of life insurance , the big payout does n't come until after you 've passed , when you ca n't use it . There is a portion of it , assuming you 've a whole life policy , but that is considered a loan , and not free cash . Hope that helps ! "}
{"input": "Is Life Insurance A Liquid Asset? ", "output": "This is a question best answered by a CPA if you 're asking in regards to tax purposes . Generally speaking , it 's not a liquid asset . Life insurance is a contract that says that if the insured dies during the life of the policy , the insurer will pay the beneficiary the stated death benefit of the policy . If you have cash value that has built inside the policy , you can borrow against it . Please note , borrowing from your cash value is a loan and is expected to be paid back . You can also elect to cash out the policy by terminating it and taking the cash value -LRB- less any surrender charges , loans , or interest left on the policy -RRB- . Before you terminate coverage to take the cash value , you may want to consult with your agent to make sure it 's the best move for you . There may be other things to consider that you 're not aware of/thinking about -LRB- e.g. protecting your insurability , what can happen if you needed/wanted coverage again , etc. -RRB- . Please feel free to contact me if you have any questions . Thanks very much . "}
{"input": "Does medicare cover exercise equipment? ", "output": "Medicare does not cover exercise equipment , however if you have medicare part a and part b you could possibly get a medicare advantage plan which they provide a free gym membership . There are many benefits you could receive and i believe the best thing to do is speak to a medicare specialist . "}
{"input": "Is Car Insurance Required In Every State? ", "output": "No , not every state . As of the last time I researched this there was only one state that did not require auto insurance coverage . Do n't put yourself or your family at financial risk after an accident by not have auto insurance coverage . It retatively inexpensive compared to the benifit received should you be involved in an accident . "}
{"input": "What's Long Term Disability Insurance? ", "output": "Long term disability insurance is a form of paycheck insurance that allows you to pay your bills when you are totally and permanently disabled . Each plan is different but most require you to be disabled for at least 90 days , some longer . Benefits can be payable for 2 years or life . "}
{"input": "Is Renters Insurance Needed? ", "output": "Personally , I feel if you are renting you renters insurance . Without renters insurance if you were to experience a fire or other covered loss you would have to foot the bill to replace your personal items and the first months rent for another place to live . Renters insurance is typically very low cost . Contact a local agent to discuss coverages available in your area and the pricing associated with it . "}
{"input": "Why Do Republicans Hate Medicare? ", "output": "I do not believe that Republicans -LRB- or Democrats -RRB- hate Medicare . Both parties -LRB- I hope -RRB- want to save Medicare so that it will be available for many many more years . Unless certain changes are made , Medicare , as we know it now , is at risk . It is true that both parties differ in how we will solve this problem , but as an experienced impartial broker with more than 30 years of experience , I do not believe that Republicans hate Medicare . "}
{"input": "Is It Ok To Have Multiple Life Insurance Policies? ", "output": "It is permissible to have more than one life insurance policy , as long as you qualify financially for the total amount of coverage . Sometimes , having a combination of Term and Permanent insurance can better suit your needs and save you money . Sometimes , people want to carry separate policies because they do not want their beneficiaries to see what each other got . Some people carry both business and personal policies . Some like to diversify the companies they use . Some simply want to patronize a friend or relative who is starting to sell life insurance . If it is economical and suits your needs , it is perfectly OK to carry multiple policies . If you are being pressured to buy multiple policies and just ca n't say no , contact a professional to help you sort out what you do and do n't need . "}
{"input": "Is It Ok To Have Multiple Life Insurance Policies? ", "output": "Yes , it is okay to have multiple life insurance policies . Insurance companies when they underwrite policies look at the amount of insurance in force , not the number of policies . Depending on your individual circumstances it may or may make sense , though.It is probably more out of pocket for you to have multiple policies . Since you would be paying multiple the policy fees and missing out on possible volume discounts . Since individual circumstances are different , I suggest you contact an independent insurance professional for advice . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . "}
{"input": "Is It Ok To Have Multiple Life Insurance Policies? ", "output": "Not only is it OK to have multiple life insurance policies I find in most cases it is prudent to have a few . Life insurance policies should be graduated in most cases with permanent meaning whole life , universal life , etc. and term life insurance . You want to stagger term policies to expire as needs change such as children finished college , mortgage has been repaid , etc. . "}
{"input": "How Do I Make A Retirement Plan? ", "output": "Now a days retirement plans , can be started for as little as $ 600.00 per year , or $ 50.00 per month.Annuity IRA 's can also offer great upside potential , with no downside risk . manynow include income riders , that guarantee an income growth , provided the funds are taken out in a stream of income , rather than a lump sum . Income riders can still be obtained offering as much as 10 % simple interest . Growth continues until distributions begin , in most cases . Any distribution taken from a Qualified Fund such as an Individual IRA , are subject to penalties , if withdrawn prior to 59 & 1/2 . Speak with your tax adviser on your specifics . "}
{"input": "How Long Does It Take To Get Insurance Money From Car Accident? ", "output": "Most insurance carriers try to settle claims as quickly as possible . I have heard of claims being settled within hours on the short side , but I would say that the average is within a few days . If you feel that your claim is taking too long contact your local agent , so that they can try to help you get a resolution sooner . "}
{"input": "How Long Does It Take To Get Insurance Money From Car Accident? ", "output": "It depends on whether : 1 -RRB- Any personal injuries claimed . 2 -RRB- Insurance company accepted the liability 3 -RRB- Any legal representation or anticipated litigations If an insurance company has accepted the liability , they may take care of the payment within a matter of days . However , when there are personal injuries , and medical help is being provided , it is usually advised to wait until the medical provider signs of on the last bill . "}
{"input": "What Is Considered Accidental Death Life Insurance? ", "output": "Accidental death and dismemberment life insurance -LRB- AD & D -RRB- provides your beneficiaries a death benefit amount only if you die in an accident ordismembermentof a limb , loss of eyesight , etc. . Every companies definitions have legalnuances , so it 's important to know what the policy does before a claim . "}
{"input": "Is Renters Insurance Mandatory In Michigan? ", "output": "Renters insurance is not mandatory , however it 's a good idea to have and affordable . Your landlord policy only covers the structure and not your personal items . It may even help reduce your auto policy by having renters insurance . Renters insurance policies cover medical bills for someone hurt when they visit you , it covers liability claims in case someone is injured on your rented property as well . It also covers your personal items in case of fire or a complete loss . Allen Beach "}
{"input": "How Much Does Disability Insurance Pay? ", "output": "While the typical monthly benefit is 60-65 % , there are others types of policies you can get to ensure that you 're fully covered . Many people also purchase critical illness insurance which pays out in a lump sum benefit as soon as you 're diagnosed with a covered illness . Other people often get DI retirement security , which ensures that your retirement savings are protected along with your monthly income . "}
{"input": "How Much Does Disability Insurance Pay? ", "output": "Disability insurance will pay whatever the amount is that you choose to take out . The max is usually about 60 to 80 % of your income . There are guidelines on this to prevent a person from abusing the system and encourage them to return to work as soon as possible . "}
{"input": "How Much Does Disability Insurance Pay? ", "output": "You would have to refer to your policy to determine what it may pay in the event of a claim . There are three policy features that impact claims payments . The elimination period describes how long you must be disabled before benefits begin . The monthly benefit amount describes how much the policy pays while disabled . The payment duration describes how long benefits payments continue . Every policy has different combinations of those three basic elements . "}
{"input": "How Much Does Disability Insurance Pay? ", "output": "When you buy your individual disability insurance policy , you can choose how much of your income you want to replace . Of course , the higher the percentage of coverage your choose , the higher your policy premium . Most private policies allow you to replace about 70 % of your original work salary . "}
{"input": "What Is The Long Term Care Insurance? ", "output": "Long Term Care Insurance is insurance that would pay for your care if you had to go to a nursing home or hire other types of assistance , because you were unable to care for yourself . Long Term Care -LRB- LTC -RRB- policies of the past would only pay the benefit if the insured person had to go to a nursing home . But LTC polcies now can be purchased that would pay for someone to come into your home to care for you , or for you to attend Adult Day Care while the child you were living with was at work . LTC insurance also protects your assets from being liquidated to pay for long term care costs . "}
{"input": "What Do You Need To Know About Long Term Care Insurance? ", "output": "The most important item in long term care insurance products is the contractual definitions of its benefits . The policy language of dictates when and how assisted living care and nursing home benefits work during a claim . Second , is the financial strength of the carrier issuing the contract . Everything else is just premium pricing . "}
{"input": "Do You Need To Have Homeowners Insurance In Nevada? ", "output": "It is not required to havehomeowners insurance in Nevada . It is requiredby mortgage companieswhen you have a loan for the home . There are many reason to have home insurance even if it is not required . Some benefits of having this coverage is that it provides you liability coverage , personal property replacementand addtional living expense . If you have any more questions about home insurance you can give me a call at 702-609-9290 or visit my website to get a quote . WEBSITELINK "}
{"input": "Does Farm Bureau Drug Test For Life Insurance? ", "output": "For their life insurance policies that have medical underwriting , Farm Bureau does drug test for life insurance . Farm Bureau also offers simplified issue life insurance that usually does not require any testing of bodily fluids . When no oral swabs , bleed tests or urine tests are done , there is no drug testing done . However , there are questions about drug use on the application . "}
{"input": "How Much Does Business Auto Insurance Cost? ", "output": "Business auto insurance is based on a number of various factors - type of vehicle , GCVW -LRB- Gross combined vehicle weight -RRB- , radius of operations , and how the vehicle is used . There can also be some State and/or Federal filings that need to be made which can increase the cost of your insurance policy . Check with your LOCAL INDEPENDENT insurance agent in your area for additional info . "}
{"input": "How To Take Money Out Of Retirement Plan? ", "output": "Count yourself lucky that you have this problem . Less than 20 % of workers have a pension plan to consider . You are asking the ultimate question though . Spending down your pension is a major issue as the pressing concern for most retirees is to control their assets so they dont live longer than the assets can provide . There are specialized representatives who work in this area and you might do well to consult with someone with the RICP designation . "}
{"input": "How To Take Money Out Of Retirement Plan? ", "output": "This is a tough question . How old are you ? What is your health ? And why are you taking the money out ? If you are older than 59\u00a01/2 , you can request a distribution form from your plan sponsor or employer . The form will ask whether you want to take a single distribution or a series of systematic payments . If it is not going into a Rollover IRA , the sponsor usually withholds the taxes on your behalf and you would get the net amount paid to you either in a check or an EFT . If you are YOUNGER than 59\u00a01/2 , there is a 10 % excise tax that is charged -LRB- premature withdrawal -RRB- by the IRS . So if you can , try and avoid withdrawing funds prior to your retirement and do a LOAN instead . That way you are paying yourself the interest on the loaned portion of the 401K funds , and not a bank . Depending on your plan , you may also be able to take out what they call `` in service '' distributions . These allow you to transfer your funds into IRA accounts and diversify your investments for retirement . And thanks to a recent IRS change , you can even move funds from your Retirement and create a guaranteed income stream -LRB- provided by the carrier that you purchase the product from -RRB- through a Deferred Income Annuity . Think of this like buying a defined benefit with your retirement assets that you can never outlive . I hope that this answers your question . "}
{"input": "What Coverage Should I Get For Home Insurance? ", "output": "When you establish a Home Insurance policy , some of the coverage is automatically included , and some of the coverage is optional . Let 's take a look at the included coverage first . Coverage A - Dwelling : This is the primary coverage for the policy and dictates the amount of some of the other included coverage limits . This is the amount that the insurance company will pay up to in the case of any claims . From a simple window breakage due to storm damage , or a total loss due to fire , the maximum the policy will pay during any one policy period -LRB- typically a year -RRB- would be the amount shown on this coverage Coverage B - Other Structures : This coverage is for fences , detached garages , unattached decks or gazebos and etc. . The limit on this coverage is typically a percentage of Coverage A , for example 10 % of the amount of your dwelling limits . This coverage is in addition to Coverage A , meaning if a loss damaged more than just the dwelling , you can collect on both . Coverage C - Personal Property : This is the limit the policy will pay to replace your belongings , furniture , clothing , and etc. . Typically this is 50 % of Coverage A , and again this is in addition to Coverage A. Coverage D - Loss of Use : If there was a claim initiated on your property , and you had to find temporary residence while repairs were being made , or the home was simply no longer livable , this would be the coverage that would apply . Typically this is 30 % of Coverage A and would be in addition as well . On top of these coverage limits , you can have additional coverage through either automatically included or optional extensions of coverage . These can include , but are not limited to : Debris Removal ; Cyber Theft Protection ; Credit Card and Forgery ; Trees , Shrubs and Plants ; Fire Department Service Charge ; Ordinance or Law ; Glass Breakage ; and additional riders to increase personal property coverage above limits . For example , the policy might restrict replacement of Money/Gold/Coins to only $ 200 per claim . Or Jewelry , Furs , Precious Stones to $ 1000 per item / $ 5000 per claim . These riders would increase coverage for those specific items you might have that are of greater value . Finally , there is coverage for Personal Liability , which is included in most policies , but is not calculated as a percentage of Coverage A. Typically the limits provided for this coverage start at $ 100,000 and can be as high as $ 1,000,000 or more in some States . This coverage would apply if you were ever personally sued for any activity other than a vehicle accident , as your auto policy would cover that . I know that 's a lot to think about . I highly recommend you meet with a licensed insurance agent in your area to have them walk you through all of the options available and help select the right amount of insurance for your individual needs . "}
{"input": "Can I Get Life Insurance With Skin Cancer? ", "output": "It depends on the type of skin cancer . Basal cell is the least evasive . Underwriters want to see the severity , location and number of occurrences within a certain time period . The more serious types of skin cancers such as melanoma or a sarcoma can be so serious the risk could deem you uninsurable . Because there are so many factors and degrees of skin cancer I would use a trusted independent life insurance broker who can deal with multiple companies ' underwriters to find the best offer on life insurance before you apply . Making a mistake can cause a mark on your Medical Information Bureau or MIB report which can follow you for many years to come when applying for personal insurance like life , disability , long term care , etc. . "}
{"input": "Can I Get Life Insurance With Skin Cancer? ", "output": "Great question ! The answer is absolutely ! There are two types of skin cancer , one more serious than the other . If you have the simpler , more common type , it is n't generally anything that will affect your policy . They remove it , and you are cancer free . The other type is a little more serious , and can affect your policy . If you 've had this type , you can still get a preferred policy if it was in your past , and you 've not had it since . If you are fresh out of it , or had ongoing struggles , there are still policies that you can purchase . They may have a period of time where the benefit paid is reduced , and will be more expensive , but they can be purchased . If you need more information , please feel free to contact me , I 'm happy to help . Thanks for asking ! "}
{"input": "Can I Get Life Insurance With Skin Cancer? ", "output": "If your skin cancer is basal cell carcinoma , you can usually get life insurance at preferred ratings , as long as your other health is preferred . If it is squamous cell carcinoma , the insurance company will want to know if there was no recurrence after removal , and the stage of your cancer , if you know it . You can possibly be rated as good as standard after a year of being cancer free , and possibly better after extended years of showing no signs of skin cancer . With melanoma , it is treated like any other internal cancer . There will be a waiting period of at least a year to get a medically underwritten or simplified issue policy -LRB- unless perhaps the melanoma was in situ , or stage 0 -RRB- . If it was over stage 3 , there will most likely be a flat extra added for a while . But you can still get coverage . In time , the rates will go down as you hopefully remain cancer free . "}
{"input": "What Will Term Life Insurance Pay For? ", "output": "Term Life Insurance will pay a death benefit upon the insured person 's death that goes to the beneficiary or beneficiaries named in the policy . These beneficiaries can use the death benefit as they desire . If the beneficiary is a trust , the trust will specify how to use the death benefit . There is no cash value in Term life insurance , so a Term policy will only pay after the insured person passes away . An exception is if there is a rider or feature of the policy that allows part of the death benefit to be used while still alive . This access to some of the death benefit while still alive can be triggered by diagnosis of a terminal illness , chronic illness or critical illness , depending on the policy . "}
{"input": "What Will Term Life Insurance Pay For? ", "output": "A Term Insurance plan will pay it 's death benefit upon the death of the insured . The question you might ask , ` What is the probability of the insured dying during the term insurance plan 's coverage period ? ' You no doubt heard the radio & TV commercial where an agent state ' I just got a 40 year old client $ 500,000 of coverage for less than $ 25.00 / mo. etc. ' FYI : Statistically that healthy client only has a 0.08 % of dying during the 10 year coverage period . To say it another way 99.2 % of clients will live to the end of the plan 's coverage and then be 10 years older and may or may not be able to qualify for continued coverage You should only buy the ` Right Kind ' of life insurance plan -LRB- Term , Permanent , or Reversionary Annuity * -RRB- and for the ` Right Amount ' dollars that fit your Survivors need for cash and lifetime income upon your death . Remember , the only good life insurance plan is the one in force on the date of your death . By design , A Reversionary Annuity is a life insurance plan that pays your Survivor a Lifetime of income . It is much more affordable than other permanent insurance plans . "}
{"input": "What Will Term Life Insurance Pay For? ", "output": "Term Life , like any life insurance can be used to pay for whatever the beneficiary wants it to pay for . Final Expenses , Mortgage , debts , a new car , a new home , invested , it does n't matter . This is why I suggest you purchase private insurance rather than the mortgage term insurance you are offered by your bank . Banks mortgage term usually lists the bank as the beneficiary , meaning if something happens they get the money and pay off your mortgage . You lose the flexibility private insurance offers . Your spouse may not want to pay off the mortgage . It may make more sense to invest the money and pay the mortgage out of the interest or care for another more pressing need . "}
{"input": "Does Renters Insurance Cover Theft Of My Car? ", "output": "Theft of a car is covered by the comprehensive portion of an auto policy . It is not covered by a tenants policy . Many tenants policies cover motorized vehicles used to service your home and are not designed of licensed for use on public roads . This would be a riding lawn mower or like item . "}
{"input": "Does Renters Insurance Cover Theft Of My Car? ", "output": "It should . There are typically exclusions or limitations to certain items , so always check with your agent -LRB- if you 're luckyenoughto have one -RRB- . You mustprovethe loss and the amount and you cannotreceivemore than the policy limits or the per item limits . Property coverage on your renters insurance policy will also cover items in a garage or storage unit or while traveling . "}
{"input": "Does Health Insurance Cover Lipoma Removal? ", "output": "More often than not , surgical removal of a lipoma is not covered by health insurance . A lipoma is a benign soft tissue tumor that reside below the skin . They are usually soft to the touch and not painful . More often than not removal is done for cosmetic reasons . Health insurance policies cover treatment that is medically necessary . If the tumor is large and creating other medical issues -LRB- such as pressure on a nerve -RRB- or if tests reveal the tumor is liposarcoma your health insurance may cover removal . "}
{"input": "Does Home Insurance Cover Water Main Leak? ", "output": "The actual pipes -LRB- Plumbing -RRB- from leaking or bursting is excluded on a homeowners policy . However the damage the burst caused the dwelling could be covered . In the case of a leak coverage would be more difficult to determine if the leak has been occurring over a long period of time . A water main is usually away from the house so the chances of damage to the dwelling are low . The big question to ask is `` Was there any damage to the dwelling '' ? . If there is no damage to the dwelling you can immediately figure out there is no claim to be made . Leaks in general are just part of common maintenance of a homeowner . Always contact to agent to discuss the details of your particular situation to help determine if there is coverage for a water main leak . "}
{"input": "What Is Optional Term Life Insurance? ", "output": "Optional term life insurance is additional coverage that you can buy through your employer that is above the amount of life insurance benefits provided through an employee benefits plan . Your employer typically pays the premium for the coverage through the employee benefits plan and you pay the premiums for any `` optional '' term life insurance that you buy . "}
{"input": "What Is Optional Term Life Insurance? ", "output": "I believe the `` optional term life insurance '' you are referring to is under an employer sponsored group life insurance plan . The employer pays for a certain amount of term life under a group policy and the employees eachhave a certificate of coverage . The face amounts are usually lower or tied to the employees salary . For example , `` Joe '' makes $ 50,000 per year and his group life pays 2.5 times his annual salary . `` Joe 's '' face amount is $ 125,000 . The optional rider allows the employee to purchase a larger face value at the expense of the employee . These can be good for people with insurability issues . However , if you are healthy and can qualify for life insurance on your own , it is much more affordable to buy a plan outside of work on your own . "}
{"input": "Does Credit Rating Affect Home Insurance? ", "output": "It can depending n the company . A persons credit rating has a direct correlation with claims , according to statistics . Many insurance companies run an insurance credit score . The better the score the greater the discount you may get . There are many factors involved in the insurance score , credit is just one of those factors . "}
{"input": "What Is The Free Look Period On Annuities? ", "output": "It is a stated period of time after the policy has been issued during which the owner of the annuity can cancel the annuity . The owner will receive the sum of premiums paid . This period is brief but designed to make sure that the annuity is exactly what the owner wanted . "}
{"input": "Why Must Employers Provide Health Insurance? ", "output": "Only employers with more than 50 employees are required to provide health insurance . Employers with less than 50 employees are not required to provide health insurance under the Affordable Care Act . If an employer has more than 50 employees , they must either provide health insurance or pay a fine for each uninsured employee . This requirement was put in place with the idea that large employers have a responsibility to society and their employees to provide for their health needs . "}
{"input": "What Is The Time Limit For Filing An Auto Insurance Claim? ", "output": "You are required to notify your insurance company of a claim in a timely manner . It is a good rule of thumb to pick up the phone sometime the same day of the incident , if possible , and notify your agent . Most companies have a dedicated claims `` hotline '' that you can call . Often it is printed on your insurance ID card which you should have in your glove box in the car . If you have an accident , first be sure to check the condition of everyone in your car as well as the other then contact the police and , if necessary , Emergency Medical Services . If you have a camera or a phone with that capability , photograph the scene . Be sure not to sign any written statements at the accident scene . The investigating police officer will often prepare a preliminary reportand provide you with a copy . The formal report will be available to you and your insurance adjuster usually within a few days . Finally , if your car is going to be towed remember to remove all of your personal belongings . "}
{"input": "What Is Medicare Look Back? ", "output": "The Medicare look-back rule of thumb is 3-5 years . This specifically refers to giving away assets for the purpose of protecting them . Make sure you and your accountant are aware of the Deficit Reduction Act -LRB- DRA -RRB- of 2006 and that you are in compliance . Otherwise , you 'll find it 's tough to beat the system an your assets are n't protected the way you thought . Just keep in mind that if the gifts were given outside the look-back period then there is no disqualification . Please click the `` Contact Me '' button on the left or run a personalized quote at : WEBSITELINK Also , you can call me anytime at : 561-320-2978 ... I would love to hear from you . "}
{"input": "When Can I Take A Loan From My 401K? ", "output": "Loan provisions under a 401 -LRB- K -RRB- plan are subject to the plan approved by your employer . That plan must comply with ERISA , a federal regulation . The decision as to when you can borrow against your 401 -LRB- k -RRB- has been made by your employer and that includes the conditions under which a loan will be allowed . There is also a vesting schedule if the employer is contributing to the 401 -LRB- k -RRB- . Check with your HR representative . "}
{"input": "When To Buy Annuities? ", "output": "A good time to consider tax deferred annuities is when your tax bracket is high and you have long term financial goals . It 's also a good time to consider annuities when you'e a CD purchaser . Tax deferred fixed interest rate annuities general pay more than bank CDs and the earnings are deferred until you use the money , unlike CDs . "}
{"input": "What Does The Average Life Insurance Agent Make? ", "output": "That is an excellent question ! The answer will depend upon the agent . If you are looking for a career in the insurance industry , there are a couple of things that you should know . You can make a great living , if you have the following traits : A thick skin , -LRB- there is a lot of rejection -RRB- a genuine desire to help your clients -LRB- if they sense that you are looking at them like they are this month 's rent , you 've lost the sale and you do n't know it yet -RRB- , and a great drive to be out in the field working . If you are looking for a steady paycheck kind of job , unless you are always on the go , and very good at sales , this is n't that kind of career . There will be good months , and some not so good months . The company that you work for , and the commission that you earn for their policy types will also play a big part in your earnings . If you would like some more insight , please drop me a line , I 'd be happy to discuss this with you . Thanks for asking ! "}
{"input": "What Does The Average Life Insurance Agent Make? ", "output": "First you have to define what an Average Life Insurance Agent or Broker is . I consider Average to be someone who has been in the business for about 5 years , has their niche set and devotes his -LRB- her -RRB- time to their business , their career . That being said , I see `` average '' agents -LRB- brokers -RRB- netting approximately $ 65k per year . "}
{"input": "Does Medicare Help Pay For Lift Chairs? ", "output": "I believe Medicare can help pay for a lift chair , if there 's a medical necessity -LRB- for those with severe hip or knee arthritis , or a neuromuscular disease , and can not get up from a seated position to stand on their own -RRB- , as a type of durable medical equipment -LRB- DME -RRB- under your Medicare Part B insurance . Part B would pay 80 % of the cost and you would be responsible for the remaining 20 % . I 'd recommend calling Medicare to get more specific input . "}
{"input": "Does Progressive Provide Renters Insurance? ", "output": "Great question ! I do not deal with Progressive , but I have used them in the past , and I 'm fairly certain that their focus is on Auto insurance specifically . You can call and see for certain , but I have never met an agent of theirs that sold anything but auto . Thanks for asking ! "}
{"input": "What Is A Modified Endowment Life Insurance? ", "output": "After June 21 , 1988 , a modified endowment -LRB- life insurance -RRB- contract -LRB- MEC -RRB- set new rules for single deposits into permanent cash value life insurance under TAMRA . After that date , a MEC cash values were treated like an annuity for income tax purposes , but death benefit proceeds -LRB- for most scenarios -RRB- remained tax free . A new seven pay test was introduced to restrict the over funding of premium in the early years of a policy . Any violations of this rule also creates a MEC . "}
{"input": "What Is A Modified Endowment Life Insurance? ", "output": "Modified Endowment Life Insurance is life insurance that builds up cash value so rapidly that it loses favorable tax treatment by the IRS . If any withdrawals or loans are taken from a Modified Endowment Contract -LRB- MEC -RRB- , income tax is charged , and a 10 % penalty is usually charged if taken out before age 59.5 . This type of contract is best for people who do not foresee a need to borrow from their life insurance while they are alive . Instead they are using it to transfer wealth . "}
{"input": "Does Health Insurance End After Divorce? ", "output": "Yes or No , depending on a few things like size of the employer size . If below 20 employees -LRB- at work on a daily basis -RRB- it will depend on if the plan offers it and could vary by state to state . It would be important to read your plan booklet to find if provisions are made for such a thing . With groups of 20 or more , COBRA law can extend coverage -LRB- at your expense -RRB- for up to 36 months . "}
{"input": "How Long Can You Have Term Life Insurance? ", "output": "Most term policies can not be purchased to last past age 80 at a level premium . If the term with the guaranteed level premium is past , and you are in the annually renewable part of the policy , that may allow the policy to last to age 90 , but the premium will be extremely high . "}
{"input": "How Long Can You Have Term Life Insurance? ", "output": "Many insurance providers limit the age of people they will insure to age 80 . Some will allow up to age 85 . There may be exceptions in the case of guaranteed renewable Term policies , and then the answer becomes , `` As long as you can afford to pay the premiums '' ! Even then there will be an upward limit to the age that is deemed insurable . It 's all about mortality risk . "}
{"input": "How Long Can You Have Term Life Insurance? ", "output": "You can keep term life insurance until the expiration date of the term which is usually past the initial term at a much higher rate . For example , if you purchase a 20 year level term life policy the term expires in 20 years and premiums will increase usually ten fold annually , but the policy will stay in force for another 20 years providing you pay the increased premiums . "}
{"input": "How Long Can You Have Term Life Insurance? ", "output": "Term life insurance keeps the premiums fixed and guaranteed for a specific number of years -LRB- e.g. 10 , 15 , 20 , 25 , or 30 years - unless you have an age-banded policy where it increases every 5 years as you enter the next age bracket -RRB- . After the term period has expired , the premiums change to annual renewable term insurance and increase each year -LRB- based on age -RRB- . You can elect to continue the existing term insurance policy up until age 95 -LRB- with most policies - some may be up to age 90 -RRB- , however , the price to keep that policy in force becomes astronomical and you would never pay it past the first couple of years -LRB- if at all -RRB- . Most people replace a term insurance policy with a new term or permanent policy . Permanent insurance is designed to cover you for the rest of your life . The only way a permanent insurance can expire early is if it 's `` dialed down '' - meaning the death benefit is designed to only go to a specific age/policy year -LRB- e.g. dialed down to age 90 -RRB- . Dialing down a policy can be useful to reduce your premiums , but still provide good coverage longevity . 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": "How Long Can You Have Term Life Insurance? ", "output": "That 's a great question , the answer is you can have term life insurance as long as you want . There is a 10 20 30 year term and when one term expires you can renew , the only thing is that you do n't get cash accumulation , meaning you can take money out of a term . The policy I like the best is a index universal life , it is a life insurance policy that is tied with the s and p 500 and if the market goes down you do n't lose any money . "}
{"input": "When Is The Best Time To Purchase Long-Term Care Insurance? ", "output": "The best time to purchase long term care insurance is when you 're young and healthy . Most adviser begin addressing long term care insurance with their clients around age 50 , but many pres seniors purchase it around age 60 . If your family has a predisposition to chronic health conditions or nursing home confinement , you may want to consider purchasing it sooner than later . "}
{"input": "Does Renters Insurance Cover Water Leaks? ", "output": "That is going to depend on the cause of the water leak in the first place . If the damage to your property that was caused by the water leak was caused by a covered incident then you may be covered . Please read your policy completely to understand the coverage that is provided and any exclusions that there may be . "}
{"input": "Does The Car Title Have To Be In My Name To Get Insurance? ", "output": "Technically no , you do not have to own the title of the car in order to insure it . This is based upon the basic insurance premise that you have to have an interest in something in order to insure it . Interest , however , is not specifically defined . For example , you can rent a car , which is in your care , custody and control you can have it covered under your personal auto policy . Or , a business can insure non-owned autos , which covers its employees and their personal autos when being used for business . In summary , you just have to have an insurable interest to insure a car , which does not necessarily mean ownership . "}
{"input": "When Can I Go On Medicare? ", "output": "People typically go on Medicare Part A & B when they turn age 65 . From there , they decide on getting a Medicare Supplement or a Medicare Advantage plan to cover what Medicare Part A & B does not cover . If you are on a group plan from an employer you may be able to delay getting Part B until you retire . Some folks can go on to Medicare before age 65 if they have certain health issues . "}
{"input": "What Is The Best Drug Plan For Someone Taking Around $300 Per Month In Prescriptions? ", "output": "I assume that these are not being covered by insurance or the $ 300 per month cost you refer to is your portion of an insured claim . I 'd suggest shopping around and trying out several of the new Prescription Discount Cards that are on the market now . Some 6 million people have those and they are free and can often provide huge savings at the counter . Try some and show them at the counter and see if there is a savings . Also try them at different drug stores as drug prices vary wildly among sellers in the $ 300 billion prescription drug market . "}
{"input": "Does Credit Score Affect Life Insurance? ", "output": "Credit score usually is not a consideration for life insurance underwriting . However , if the face amount applied for is large enough to require a telephone interview or full blown inspection report , an applicant 's financial habits may come into play . While a person 's credit score does not have a direct bearing on the underwriting of the case , a bankruptcy may be considered by the underwriter . "}
{"input": "Does Credit Score Affect Life Insurance? ", "output": "Your credit score could affect your life insurance offer . Every life insurance underwriting includes not only medical investigation on some level depending upon the amount youre applying for , but your financials not only to justify the coverage , but to assess your credit worthiness . Poor credit scores could affect your premium payments . "}
{"input": "Does Credit Score Affect Life Insurance? ", "output": "Your credit score is usually not reviewed in life insurance policies that have smaller face amounts , or in No Exam life insurance . However , I have seen a policy postponed simply for a very poor credit score because of the substantial premium it required . So the answer is `` it depends '' , but it is very , very rare for a policy to be affected by credit score . "}
{"input": "Are Insurance Agents Necessary? ", "output": "You can buy most types of insurance without an agent . But it does n't save you any money . You pay the same . The agent is someone who understands a lot more about insurance than you do . He helps you avoid mistakes . When people are left to their own choices they make huge mistakes with insurance . In fact they tend to put huge importance on BRANDS of insurance rather than the specifics of their policy . That 's a huge mistake . You can buy without an agent . And I am an agent so I might be biased but if you show me 10-people who bought insurance without a good agent I can show you 10 - people that I can give much better choices to . The problem is most agents are less than 1-year on the job and only know a little more than you do . When you choose your agent the first thing you should ask is how long they have been a full time insurance agent . Over 5-years is good . Less than 2-years is real bad . Let them learn on other people . Also ask if the are independent or work mainly for one company . If they work mainly with one company , that 's not good unless you do n't care about price and value . Your agent is free for you . Interview several . Fire them if they do n't fit well with you . Use them to your benefit . "}
{"input": "Are Insurance Agents Necessary? ", "output": "Insurance is a personal product . One size doesnt fit everyone . The most important part of the insurance buying process is setting the limits . If a policy fails to provide the necessary protection when you experience a loss , you will be dissatisfied and you will have paid far too much for your coverage . A trusted agent will listen to you , offer sound financial advice and communicate clearly with you and the insurance company . His advice in setting limits offsets any savings you might get through an alternative distribution system . "}
{"input": "Are Insurance Agents Necessary? ", "output": "As a big do it yourselfer , the answer is maybe ? It depends on what your situation is and how adept you are on gathering information and making a good decision from all the information out there . I mean I like to work on my cars and trucks . I can do many things myself and feel really good about it . However , I do still use my trusted mechanic for the things I simply am not good enough to do myself and that way I avoid putting my family at risk . As another noted , there are absolutely no price savings in going without an agent . The laws in most states prevent any discounting for doing it yourself . It never ever hurts to become informed about a product . I have taught my son the doctor , how to frame a house , wire a house and have a general understanding about construction . He 's a doctor now , and yes , that is fun to say , he has learned enough about how to build that when he decides to build , he can have a good conversation with a builder and know when to call shenanigans or not . By all means it pays to educate yourself , but understand that an open mind is required to educate yourself . "}
{"input": "Are Insurance Agents Necessary? ", "output": "The internet has made it much easier for the consumer to purchase auto and home insurance online . However from my experience most clients still do not understand thecoverage ` sthey are purchasing and often leave huge gaps in their coverage . Also has a clients portfolio builds and insurance needs become greater an agents knowledge and experience becomes invaluable in offering protection to consumers . Now as it pertains to business this is something that takes years of educating just for agents . Consumers should never try to purchase on their own business insurance without consulting an agent as the needs are vast and many . The wrong coverage for your business can destroy your entire livelyhood . "}
{"input": "Are Insurance Agents Necessary? ", "output": "You can buy all types of insurance without an agent , but as an independent agent myself , I like to think that I can bring a certain level of knowledge to the client that is n't easily obtained via other means , such as the internet . As some have said , people tend to look at the insurance carrier as a primary driver of what to choose , but there are so many other factors to be considered . In cases where full medical underwriting is involved , I can quickly give someone an idea of how different companies might view a health problem and set the expectation of what may happen to the rate in the end . While one company may increase the final rate for a given condition , another company might offer a policy at the standard rate . Also , having had lots of other client experiences to draw from and company contacts at the various carriers , I can offer help navigating the system after the purchase is made . Education , guidance and service is what I provide for no more than you 'd pay buying direct . So , you may not `` need '' someone like me - but you certainly might `` want '' the services I can provide . "}
{"input": "Are Insurance Agents Necessary? ", "output": "I love this question ! The answer is found all over the internet . Yes , the same internet that you used to buy insurance . Look at the reviews on Yelp and others to see what kind of feedback -LRB- complaints -RRB- people are posting . The moment you begin to choose your insurance based solely on the price , you 'll begin to run into problems . Claims not handled to your satisfaction and the inability to get anyone on this continent to talk to you about it . You may save a few bucks when you purchase your insurance but you 'll lose in the long run . A good agent does something a website can never do ... care . If you have a problem with the way my company handles a claim you can walk right into my office and talk with me , and I 'll listen and do whatever I can to make you happy . I 'm accountable for the services that I provide . Flo or the Gecko will try to sell you on the idea that all insurance is the same and the price is the only thing that matters . Nothing could be further from the truth . Will Flo tell you that you 're grossly underinsured and , god forbid , you get sued , you could be paying for the rest of your life ? Nope . But a good agent will , and it probably would n't cost that much more . The internet has n't made the insurance agent obsolete . On the contrary , it proves why you need a good one . Insurance is n't a simple point and click product . There are many different aspects that fit together to make it work for you , and it 's different for everyone . I 've never had a client tell me I 'm overcharging them after we 've rebuilt their home . Will the lizard show up at your home at 2am when your house is still burning ? I have , it 's what I owe my clients . There are bad agents out there , I 'll admit . I 've met quite a few . However , most good agents take their responsibility seriously and they truly care about their clients . So , in summary , agents are necessary only if you want someone who cares about covering your family correctly . "}
{"input": "Are Insurance Agents Necessary? ", "output": "Your insurance is only as good as your agent . An Agent can provide you personal service as most online carriers you can not get this type of service . In many cases you can get a better rate from an agent because they listen to you and what our needs and make sure you are properly covered . I have thousands of time Beat the online rate with the same carrier even . It really comes down to personal preference . Some say they like the online because it is 24/7 That is ok also But our clients We personally answer the phone 24/7 I can count on 1 hand how many times a client has ever had to leave a voicemail . If your looking for just numbers and no service then by all means online is the way to go just make sure that you are properly covered and also make sure that they can even sell insurance in your state . I ca n't begin to count how many people I know that have purchased online because a of a banner ad they clicked or got in their email and purchased coverage then found out later after a claim that that carrier is not allowed to even sell in our state hence no coverage and out of the money they spent on a policy . Or worse yet bought a policy online and it was not even a real company now days the scammers are out there buyer beware . "}
{"input": "Can I Get Life Insurance On My Grandma? ", "output": "You can get life insurance on your grandma if she meets eligibility requirements and passes underwriting requirements as well . Naturally , her age will determine the rate she pays , as will the type of policy and face amount she purchases and it is obvious there is an insurable interest -LRB- we assume ! -RRB- . A full-time broker and/or agent will help you find the best non-biased expert information . "}
{"input": "Can I Get Life Insurance On My Grandma? ", "output": "First you need to establish insurable interest . Generally a blood relative has some reasonable financial interest . Then you have to justify the amount of coverage . Your grandma will need to sign as the insured and shell need to be deemed competent to satisfy most states and insurance companys requirements for seniors entering into a contract . "}
{"input": "Can I Get Life Insurance On My Grandma? ", "output": "If you will be the one handling your grandma 's affairs after her death , you could purchase life insurance on her to pay for her final expenses . You could be the owner of a policy on your grandmother , as well , if you live with her or she lives with you , or you share other financial ties . She will need to sign the application , and conduct the phone interview if one is required . Please do not hesitate to call or email me for assistance . "}
{"input": "Which Employer Has The Best Retirement Plan? ", "output": "There are many employer sponsored defined contribution plans available for companies to choose . But from the point of view of the employee , 401 -LRB- k -RRB- plans with employer matching contributions to 6 % of your salary base is excellent . When considering a job , consider the employer match , it 's free money and can make a difference later in retirement . "}
{"input": "Which Employer Has The Best Retirement Plan? ", "output": "I ca n't speak for any employer for there are many companies that offer excellent benefits packages for retirement . The best investment is at annuities or 401k . However , retirement plans from employers were sold to the company by outside agents they are group specialists and your plan will come from a major insurer . It is best to research the company you want to work for and look at what they offer in benefits . Then you may base your decision . Some are either employer paid or employee paid . "}
{"input": "How Much Will My Life Insurance Be Worth? ", "output": "Your death benefit could be growing with paid up additions via dividends in whole life insurance or with current assumption universal life with an increasing death option . Life insurance as a cash value asset depends on the returns of the crediting method : interest rates , indices and separate sub account performance . "}
{"input": "What Is A Good Price For Whole Life Insurance? ", "output": "In addition to the concerns about underwriting there are specific things that have a profound impact on the premium for a whole life policy . One factor is the age and sex of the person being insured . One of the reasons that this is so significant is that cash will be accumulating in the policy and that cash earns interestcompound interest so the effect is very important . So the younger the insured , the longer money will accumulate at interest so it takes less money to fund the contract . "}
{"input": "What Is A Good Price For Whole Life Insurance? ", "output": "That is a great question ! This is a very commonly asked question , and in each case , one that is impossible for us to answer . In order to give you even an accurate range of prices , we need a lot more information . We have no idea if you are male or female , how old you are , whether you smoke , or even how much coverage you were seeking . And that does n't even touch the health questions ... Please inbox me , or contact a local independent agent to give you a better answer , okay ? Thank you for asking ! "}
{"input": "Can I Get Health Insurance Just For My Kids? ", "output": "You can get a stand alone plan for your kids now due to the ACA . As long as they are not eligible for CHIP you would be able to purchase a policy in most cases . Contact me or an agent in your area to help you . We are licensed in 31 states . "}
{"input": "How To Sign Up For Medicare A And B? ", "output": "Assuming you are aging in you are about to turn 65 years of age , and have paid into Medicare from social security payroll tax for 10 + years . You will receive your information package from SSI that will provide 2013 Medicare plan options and details . If you have not received your information or welcome package please call social security If you are still working you will notreceivepart B when aging in as you are receiving -LRB- presumably -RRB- medical insurance from your employer . When you leave employment it is important to notify SSI so you will beeligiblefor Medicare part B the first month of retirement . Part A is your inpatient hospitalization Part B is youroutpatientcoverage . Your local insurance agent is paid by the insurance carrier and is free to you . Agents are licensed trained and certified to understand the topic . I recommend you find an agent in your community to answer all your questions and help you enroll I hope I has been helpful "}
{"input": "Do I Need Title Insurance For A New Home? ", "output": "Great question . When you buy a new home part of the process of buying the house that you will need to get a title insurance policy issued on the new home . yes the house is new but the lender could have a loan on the property or a title policy will search for that and clear all issues or leans before you buy the house . "}
{"input": "Is It Possible For An 89 Year Old Male To Find Life Insurance? ", "output": "You can purchase simplified issue plans up to age 92 with a few carriers but there are some considerations to be made . First , the person needs to be healthy enough to get through the simplified issue questions in order to get a policy . The other thing to consider is the price . Simplified issue/final expense is expensive as it is but when a 90 year is buying it the premium will be vary expensive . The break even on premium vs. death benefit is likely only going to be 3 or 4 years . This means that in 3 or 4 years , the premium paid will equal the death benefit on the policy . "}
{"input": "Is It Possible For An 89 Year Old Male To Find Life Insurance? ", "output": "That is a great question ! It is possible , but I will not mislead you , it will be difficult . The majority of insurers will cap policy writing at 80-85 ; so you will need a good independent agent who can search multiple companies for you to find one that will write at his age . The second hurdle will be his health . It would be very difficult to find a company that will write if he is in a nursing home , receiving home health care , or has had any major health issues within the past couple of years . Many will decline if he 's wheelchairbound . Again , you will need a good agent that can seek out the company that will write for you . The last hurdle will be the cost . Even if you can find the company that will write his policy , it is very likely that it will be too costly to afford . I 'd hazard a guess that it would be in the hundreds of dollars a month price range , unless his health is excellent . Life insurance is one of those things where the earlier you buy it , the cheaper it is , and it hurts me to say that far too many people either through their fault or not , end up waiting far too late to buy it . Far too many wait until there has been a scare , and then it is too late , either due to health or financial concerns . You may be able to find a policy , look for an independent agent -LRB- one not tied to a specific brand name -RRB- and have them go through your options . It is my prayer for you that you can find one that fits . If you have further questions , please feel free to contact me , okay ? Thank you for asking ! "}
{"input": "Is It Possible For An 89 Year Old Male To Find Life Insurance? ", "output": "Provided that the applicant is healthy enough to have a favorable underwriting outcome , many carriers will write up to age 90 . There are no `` simplified issue '' type policies available at that age , however it the amount of coverage is at least $ 25,000 , then insurance is possible . Depending upon the objective , coverage may or may not make economic sense . "}
{"input": "Is It Possible For An 89 Year Old Male To Find Life Insurance? ", "output": "Just about anything is possible in the insurance world as there is always Lloyds , but the premium would be so high that you might be paying dollar for a dollar for coverage . Insurance is n't meant to be the last thing purchased just before death . If it were , there would be no insurance industry as it would have gone broke centuries ago . I would think the window for purchasing insurance has passed at 89 . Death becomes more a certainty then rather than a probability . "}
{"input": "Is It Possible For An 89 Year Old Male To Find Life Insurance? ", "output": "Although there are some carriers who will issue insurance till age 90 I would say the answer to this question is no . Once you pass 85 years old the insurance company knows that although you may live for many years afterwards you have neared the time of a definite claim . If you find a policy at the age of 89 you will have to qualify medically for it . The cost typically is so prohibitive that it is better to be prepared to pay for final expenses with assets you already possess . The maximum face amount will also be set in or near $ 25,000 . "}
{"input": "Is It Possible For An 89 Year Old Male To Find Life Insurance? ", "output": "The minimum face amount that I have seen for an 89 year old applicant is $ 50,000 . The person being insured will need to have good mental and physical health to qualify , as the policy will be medically underwritten . There are some No Exam options for people up to age 85 . If you are not yet 86 years old , now is the time to apply , as it gets much more difficult after age 85 . "}
{"input": "How Soon Can I Claim On Home Insurance? ", "output": "Talk to your insurance professional if you have suffered a loss . Discuss the terms and conditions of your policy and include an understanding of your policy deductible . Provided the damage is caused by named peril in your policy , your Insurance Professional should be able to open your claim for you right away . "}
{"input": "How Soon Can I Claim On Home Insurance? ", "output": "You can make a claim immediately after a loss occurs . Just make sure that you comply with the conditions in your insurance policy . You will more than likely have to preserve any damaged property ; file a claim with the police if vandalism/mischievous caused the loss ; cooperate with the insurance company . If you just purchased the home owners policy and your concern is whether the loss is covered by the newest coverage , just check the effective dates on your declaration page . If the loss falls between those dates go ahead and make a claim . If not , then make the claim against your previous policy . "}
{"input": "Can Pilots Get Life Insurance? ", "output": "Yes , pilots have lots of choices when it comes to life insurance . If the pilot flies a commercial airplane , there are more companies that will cover them -LRB- even while piloting the aircraft -RRB- , than those who are fly small , private planes . But even private plane pilots can get preferred ratings if they opt for a life insurance policy that excludes death while flying as a pilot . "}
{"input": "Can Pilots Get Life Insurance? ", "output": "Pilots can get life insurance . Being a pilot will be underwritten by the insurance carrier and rated properly for the risk but a pilot can get life insurance . Not all life insurance carriers will take a pilot so it is my recommendation that you speak with a professional independent life insurance specialist to find the right insurance company that can get you the right coverage at the most affordable rates . "}
{"input": "Is Safeco A Good Home Insurance Company? ", "output": "Absolutely , at the Insurance Browser we love Safeco . They are a national carrier wholly owned by an even larger insurer Liberty Mutual . They have competitive products and pricing in many of the states we operate in including AZ , TX , GA and MO. . We have also been able to see their claim settlement practices with our customers and they are very pleased . "}
{"input": "What Is Substandard Auto Insurance? ", "output": "Another term for Substandard Auto Insurance is High Risk . Auto insurance rates are based on driving record , age , insurance credit score and claim history . If your driving record falls below what a company considers a standard risk they put you in substandard . While it varies by company , most companies will allow two or three tickets or At Fault accidents before putting you in substandard . A DUI will automatically put you in substandard . Insurance laws vary by state . "}
{"input": "What Is Skilled Nursing Care Under Medicare? ", "output": "There are three levels of Nursing Care , Skilled , Intermediate , and Custodial . Skilled Nursing care requires that you need the services of a licensed professional and that your health can improve by utilizing those services . For example , physical therapy , occupational therapy , and speech therapy would fall under those categories . Custodial Care means that you are not going to improve . You just need the assistance of others to perform certain activities of daily living . Medicare only pays for Skilled Nursing and is limited to 100 days . "}
{"input": "Can You Add Parents To Your Health Insurance? ", "output": "It is not permissible to add parents to your health insurance . The only dependents that are allowed are children and step-children as well as a spouse . Since health insurance is now guarantee issue and no one can be turned down parents should be able to purchase health insurance with no issues . "}
{"input": "What To Consider When Buying Disability Insurance? ", "output": "When buying Disability insurance you need to consider how many years you want it to last , how many months you want to wait from incurring the disability until you receive the first payment -LRB- elimination period -RRB- , and how much of your income you want to replace . You need to consider features like whether it will pay if you are able to go back to work but not are not back up to your old wages -LRB- residual disability -RRB- , whether it will pay if you can not perform your own occupation , and whether it has a cost of living rider . Finally , you need to consider your budget and how much of the above you can afford , then pick out the features that are most important to you . "}
{"input": "How To Compare Home Insurance Policies? ", "output": "ISO is an independent organization that provides insurance companies with standard forms . Some companies use the ISO forms directly while others modify them a bit or put them into language that is easier to read . However , the coverages extended by the homeowners policies vary little from company to company . Companies will often market their unique twist on the policy ; however , those twists dont change things very much . Unless you have a very unusual house , you will find coverage the same from company to company . "}
{"input": "How Does No Medical Exam Life Insurance Work? ", "output": "To purchase a No Exam life insurance policy , you first must fill out the application . This can be done by paper or done together with your agent on the phone . If the latter , you will get a link by email that allows you to sign the application digitally . No Exam life insurance policies usually ask you for payment information on the application . That way they can draft the first premium from your checking account or credit card immediately upon approval , which allows the policy to go into effect much faster . Some No Exam life insurance policies do not look at medical records , and those policies can go into effect in hours . Some No Exam companies reserve the right to look at medical records . If they do order records , the process will take longer , but still not usually as long as a policy requiring an exam . "}
{"input": "How Does No Medical Exam Life Insurance Work? ", "output": "How does no medical exam life insurance work ? Basically they look at your health history through sources like the MIB -LRB- Medical Information Bureau -RRB- where your medical records are wharehoused . What you 'll find if you compare fully underwritten insurance with no medical exam insurance is the price for no medical exam coverage will be higher . It is up to the individual to decide if they want the underwriting discount that a medical exam can provide . "}
{"input": "How Does No Medical Exam Life Insurance Work? ", "output": "Great question , Normally the premium is a little more because there is no Medical Exam . However , you will more than likely have health questions on the application . Typically these types of plans are issued a lot quicker than other plans if they are approved , sometimes in as little as a couple days as opposed to a policy that requires a health exam which can take several weeks for an answer . "}
{"input": "What Is A Joint Roth IRA? ", "output": "Even though you are married , you can not have a joint Roth IRA . Each of you can each contribute up to the annual limit to your own individual Roth IRAs . This allows a couple to set aside twice as much per year as they otherwise would have been able to save individually . "}
{"input": "What Is A Joint Roth IRA? ", "output": "What is a joint Roth IRA ? Well ? as far as I know there is no such thing as a Joint Roth Individual Retirement Account . If you did n't catch it in the name , an IRA is an individual account , not really a joint account . What you might be really asking is are surrender or change decisions a `` joint '' decision if you 're married ? Depending on the state the answer could be yes . So if someone who is married cashes out their plan in some states it requires the spouses signature as well . "}
{"input": "Can I Get Homeowners Insurance With A Bad Roof? ", "output": "Insurance companies are not in the business of correcting known defects . If your roof is in need of repair most companies will require that you make the necessary repairs prior to issuing you a policy . In some cases they might give you a period of time to affect the repairs but they will expect the repairs to be made . "}
{"input": "Does Home Owners Insurance Cover Asbestos? ", "output": "Homeowners insurance and as far as I know any property policy in the United States as a specific Asbestos exclusion in the policy . Thehomeownerspolicy will exclude any clean up , removal or illness related to Asbestos until the end of time . If you have asbestos in your home I highly recommend you call in a profession asbestos removal team . Health of your family is primary . "}
{"input": "What Is Colorado Cobra Health Insurance? ", "output": "COBRA -LRB- the Consolidated Omnibus Budget Reconciliation Act -RRB- is a program that was passed to allow people to continue group health insurance that would otherwise have been terminated . The most common users of COBRA are employees who leave their job where they had employer-sponsored health insurance , usually after being laid off or leaving the group on their own terms . COBRA coverage can be kept for up to 18 months and is only available to individuals and families covered under a plan with more than 20 employees enrolled . Your premiums under COBRA coverage are 102 % of the total cost of insurance this is important because many employers pay for part of the cost while the employee is still working . COBRA election applies to each person individually that is covered under a given health plan . Since health insurance is guaranteed issue under the affordable care act , you do not want to wait until your COBRA coverage expires to look for a new policy . Doing so can cost you a lot more money unnecessarily . Consult with an experienced health insurance broker to compare your options and see which plan option will best serve your needs . 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 USAA Renters Insurance Cover Lightning Damage? ", "output": "Lightning damage is covered under the standard renters policy , referred to as the HO-4 . If you have that policy , there is coverage for a loss caused by the peril of lightning . In the renters policy , the coverage is for damage to the policyholder 's personal property , subject to payment limitations on certain personal property such as furs and jewelry , as stated in the HO-4 . To increase coverage amounts that are limited on the stated items , additional amounts of insurance can be purchased , typically in the form of scheduled items . "}
{"input": "How To Choose A Life Insurance Company? ", "output": "Choosing a life insurance company often starts with a referral from your friends , family or other advisors to a life insurance professional . It is usually best to utilize the services of a professional who can help make sense of the many choices available . Most are able to work with more than one life insurance company and can provide information about each one . As you narrow down the options , you can and should go online and research insurance companies on your own and ask questions about them . The ratings services such as AM Best are also a good place to go . "}
{"input": "How To Choose A Life Insurance Company? ", "output": "This is a great question ! I would suggest : Asking friends and family for recommendations Looking online for feedback and ratings The Better Business Bureau for ratings and unresolved complaints Talking to agents from different companies to get a feel for each company 's benefits Standard and Poor 's & A.M. Best Rating companies Moody 's Investor Services and Duff & Phelps are also good rating services You should be able to find all the information you need before choosing an insurance company . Good luck ! "}
{"input": "Is Group Disability Insurance Government Provided? ", "output": "No , Group Disability Insurance is not usually provided by the government . In the handful of states that offer Temporary Disability Insurance , some states provide the short term disability insurance . In the vast majority of cases , employers and businesses provide the disability group policies for their employees through group policies offered by companies that offer it . "}
{"input": "Can Annuities Be Put In A Trust? ", "output": "Assuming youre addressing non-qualified annuities , the short answer is yes . Most financial planners who use annuities and estate planning attorneys need a compelling reason to place an annuity in a trust.There are three items that could be a disadvantage of holding an annuity in a trust : trust expenses , at the death of the annuitant , a grantor trust might trigger a taxable distribution event and the potential tax uncertainty of an entity holding ownership of an annuity . "}
{"input": "Can Annuities Be Put In A Trust? ", "output": "Definitely ! Depending on the situation a trust can be an excellent place to put an annuity . A good financial planner can help you decide the type of trust , if any , you may need , if an annuity is appropriate for your situation and help you set it up . There are a variety of planning strategies involving annuities and trusts . "}
{"input": "Is Ensure Covered By Medicare? ", "output": "Ensure is covered by Medicare if some conditions are met . Eligible persons for receiving Medicare reimbursed Ensure drinks will : 1 -RRB- Have diabetes , 2 -RRB- have kidney disease , 3 -RRB- had a kidney transplant in the last 3 years , OR 4 -RRB- been referred to receive nutritional therapy services and Ensure by a medical doctor as being medically necessary . "}
{"input": "Can I Get Homeowners Insurance Online? ", "output": "Yes , homeowners insurance is available online . There are a number of underwriting companies that provide an online questionnaire to reveal the eligibility of the risk . For online quotes and insurance in California , Arizona & Nevada , you may click on : WEBSITELINK For all other States , you may search for a licensed brokerage allowing you access online . "}
{"input": "Can You Change Auto Insurance At Any Time? ", "output": "You can , yes , but be sure to check with your Insurance Professional to understand how changing at different times can either benefit or potentially harm you . Some companies impose a cancellation fee if the policy is cancelled mid term so if you are doing it to save money , that fee may wipe out any theoretical savings . "}
{"input": "I Just Lost My Job, Which Provided Health Insurance For Me. What Can I Do Now? ", "output": "You have the right to extend your work coverage through the COBRA provision . Catch is you must pay the entire premium as the portion your employer paid went away when your job did . There are ways to get individual policies to provide short term coverage until you find a new job . In some states you may qualify for state sponsored health insurance for those who are unable to get insurance otherwise . Look around at your options . If you are in CA feel free to contact me . "}
{"input": "I Just Lost My Job, Which Provided Health Insurance For Me. What Can I Do Now? ", "output": "If you lost your job and health insurance within the last 60 days , you can qualify for an SEP -LRB- Special Enrollment Period -RRB- . OK ... So what is an SEP ? If Open Enrollment has ended , it allows you to purchase a Marketplace plan with full subsidies -LRB- if you qualify -RRB- and have your pre-exsisting conditions covered . No waiting period or extra copay or deductible for these conditions . You can choose among all of the available major carriers that offer coverage in your area . This `` qualifying event '' allows you to obtain affordable medical coverage at any time of the year . You will not have to answer medical questions , and you do not have to keep the same company that you had while working at your previous employer . An experienced broker and his/her website will be very helpful . Insist on a broker with at least 25 years of experience in the business . NOTE : COBRA may be available , but typically will be more expensive than an Exchange plan -LRB- especially if you qualify for a federal subsidy -RRB- . Short-term -LRB- temporary -RRB- plans are also offered by many top-rated companies . However , they are non-compliant , do not cover pre-existing conditions , and are not eligible for subsidies . Important : This question was answered by Edward Harris , one of the nation 's leading and most experienced -LRB- 35 years -RRB- health insurance brokers . His website , Majormedicalhealth.com , is the premier trusted healthcare website in the US , and offers the lowest individual and family rates from top-rated companies . UPDATE : The Supreme Court has still not rendered its decision regarding subsidies . UPDATE : July 2015 . The decision has been made ! Subsidies will continue to be paid on both state and federal Exchanges . "}
{"input": "I Just Lost My Job, Which Provided Health Insurance For Me. What Can I Do Now? ", "output": "That is a great question ! I am sorry that you lost your job ; I pray that you find a better one very quickly . When your employer provided insurance ends when your employment does , you have a couple of options.The first , and typically most expensive option is to continue with the employers insurance plan . This will be offered to you under the name `` COBRA '' , and by law has to be offered to you once your coverage under your employment ends . You can get coverage for a few months under your old policy , but you will pay both your portion of the insurance , plus what your employer contributed . This can be very expensive , depending upon the plan , and the employers contribution amount . Your second option , and a possibly cheaper one , would be to enroll in a Government exchange -LRB- www.healthcare.gov -RRB- or an independent health insurer . The loss of your coverage from your job loss is considered a `` qualifying event '' , which allows you to apply for a policy outside of the mandated enrollment period . Qualifying events are major life changes that require a change in coverage , like a birth , marraige , divorce , or job loss . You can either shop for a policy on the Affordable Care Act -LRB- Obamacare -RRB- site at www.heathcare.gov , or a similar exchange . I recommend the ACA site first , as you may qualify for a subsidy that may help with the cost for you . But act quickly , as it may be that our Government insured Supreme Court may decide that you do n't need help paying for insurance , and remove the subsidy . They are debating that even as we speak . Good luck with your job hunt , and trust that God has you covered ! Thanks for asking ! "}
{"input": "I Just Lost My Job, Which Provided Health Insurance For Me. What Can I Do Now? ", "output": "I 'm sorry to hear about the loss of your job . I hope you are able to find another soon . If your company was providing health insurance they should have provided you with information about COBRA ; a way for you to continue the coverage but now you would be responsible for paying 100-101 % of the premium . If the premium is too much for you to pay , then you should look for a more affordable plan on your own . Under the Affordable Care Act there is a specific time period called Open Enrollment , which in general occurs between November and February . This is the time when individuals can enroll in a new health plan , effective January 1 . However if you have a qualifying event you can enroll in a health plan no matter what time of year . Loss of employment is a qualifying event . But you only have 63 days to take action . Get in touch with your state 's Health Connector or an insurance agent and they should be able to assist you . If you 're in Massachusetts please feel free to contact me , I 'd be happy to help . Best of luck with everything . "}
{"input": "I Just Lost My Job, Which Provided Health Insurance For Me. What Can I Do Now? ", "output": "Job loss is always a unsettling period in our lives and having to address your health insurance concerns only compounds things . The first thing you should look into is the feasibility of continuing your coverage through your former employer 's health plan under either your state 's continuation of coverage provisions or , if your employer has 20 + employees , under the Federal COBRA continuation guidelines . Unless you were terminated with cause your former employer should have provided you with information regarding your rights in this area . If you have a spouse who is employed and has health insurance coverage available through their employer this is a qualifying event for you to be added as a dependent on your spouse 's plan or for you and your spouse to both enroll in the spouse 's employer 's health plan if you had both been enrolled under your former employer 's health plan . If your spouse has access to coverage through their employer this will almost certainly make you ineligible for subsidies through the government health insurance marketplaces . Some people , especially those with family coverage , may find paying the entire premium for the former employer 's health plan to be cost prohibitive or may not want to continue be covered under it for other reasons . Losing coverage from an employer 's group health plan is a `` Qualifying Event '' that grants you a `` Special Election Period '' under the Affordable Care Act . You have a 60-day window after losing coverage to purchase individual health insurance either directly from an insurance carrier or through the state or Federal Health Insurance Marketplace in your state . The only good reason to purchase your coverage through a government health insurance marketplace is if your income level for 2015 would qualify you for a premium subsidy and possibly for cost sharing reductions . Currently a person 's qualification for these subsidies is based upon the applicant 's projected FAMILY income for all of 2015 . So , your situation is not an uncomplicated one . SEEK OUT AN EXPERIENCED HEALTH INSURANCE BROKER WHO REPRESENTS MULTIPLE INSURANCE CARRIERS AND WHO IS LICENSED TO SELL COVERAGE IN THE GOVERNMENT MARKETPLACE FOR GUIDANCE ON THESE MATTERS . If you are in good health and pre-existing condition coverage is not a concern for you , then in the event that the options I 've listed above do n't fit your financial needs , you can consider Short Term Major Medical insurance coverage as bridge coverage if you anticipate getting another job in the weeks or months ahead . These policies are usually less expensive -LRB- sometimes significantly so -RRB- than the options discussed above and can provide protection from financial ruin in the event an illness or injury occurs while the Short Term Medical policy is in effect . PLEASE NOTE : Short Term Medical policies do not meet the criteria under the Affordable Care Act for avoiding the individual mandate tax penalty so there could be tax ramifications if you are covered under such a policy for more than 90-days . This does not mean that a Short Term Medical policy is an option you should not consider but it is an option that you should choose only with a full understanding of the positives and negatives associated with this choice . Which is another reason you should seek the guidance of an experienced Health Insurance Broker . "}
{"input": "Will Medicare Pay For Foot Orthotics? ", "output": "No , unfortunately , Medicare will not pay for foot orthotics . The only similar item that Medicare will pay for is soft sole inserts for the shoes of persons with diabetes under the Medicare Therapeutic Shoe Bill . These inserts are not the same thing as orthotics . Also , Medicare will pay for an orthotic if it is part of a shoe that is attached to a leg brace and the whole thing is covered by Medicare . "}
{"input": "Is Eye Test Covered By Medicare? ", "output": "That is a great question ! Unfortunately , Medicare is very unhelpful when it comes to vision or dental coverage . It will help pay when there are serious issues , but does n't cover preventative or routine visits . Hopefully one day that will change . Your best bet is to find a stand alone policy that will help cover those costs . If you have diabetes however , you are entitled to a once a year eye exam to test for diabetic retinopathy . If you would like help finding a stand alone policy , please feel free to contact me , I 'm happy to help . Thank you for asking ! "}
{"input": "Is Eye Test Covered By Medicare? ", "output": "Medicare does n't cover routine examinations . Part B can provide coverage for some preventive and diagnostic eye exams for people at high risk of certain conditions -LRB- e.g. diagnosing retinopathy in diabetics or mascular degeneration for age-related conditions -RRB- . You can check out the medicare.gov website for more specific information regarding condition/risk requirements for Medicare to pay benefits . If you 're looking for coverage for routine eye exams , glasses , contacts , etc. , you would need to secure a vision insurance plan . Please feel free to contact me for assistance or if you have any other questions . Thanks very much . "}
{"input": "What Is Critical Illness Insurance And Why Might Someone Need It? ", "output": "Critical Illness Insurance pays a lump sum to a person who is diagnosed with a serious health condition such as cancer , stroke , or other life threatening illnesses . When faced with that type of diagnosis , there may be a loss of income . At the same time , bills are incurred for health care , child care , travel , and other costs associated with becoming ill . The lump sum of cash provided by critical illness insurance can alleviate the trauma somewhat . "}
{"input": "What Is Critical Illness Insurance And Why Might Someone Need It? ", "output": "Critical illness insurance is like the popular cancer insurance plan except much more broad in scope . A critical illness plan will pay a benefit -LRB- usually on first diagnosis -RRB- for any one of the named conditions listed in your policy . Critical illness may have a dozen or more conditions including cancer , heart attack , stroke , etc. . "}
{"input": "Can You Have A 401K And A Roth IRA At The Same Time? ", "output": "The existence of a 401 -LRB- k -RRB- does not stop an individual from taking out a Roth IRA . The limitation on Roth IRAs has to do with the amount of adjusted gross income the individual has , or the combine incomes of joint filing couples . The 401 -LRB- k -RRB- will be fully taxable upon retirement whereas the Roth IRA will be income tax free . The combination allows for better planning in the retirement years . "}
{"input": "Can You Have A 401K And A Roth IRA At The Same Time? ", "output": "Yes , it is possible to have a 401k and a Roth IRA at the same time . They are completely separate accounts . If you are contributing to your 401k at work -LRB- and hopefully there is a company `` match '' as well -RRB- , you can also contribute to your own Roth IRA outside of work . When it comes time to start drawing on these two different retirement funds , the money taken out of your 401k will be taxable at that years ' ordinary income tax level . You will be assessed a 10 % early withdrawal penalty if you do not wait until age 59\u00a01/2 to begin your withdrawals . There are a handful of exceptions that can allow you to begin withdrawals from your 401k prior to age 59\u00a01/2 . Beginning April 1 of the year following the year in which you turn age 70\u00a01/2 , you are required to begin Required Minimum Withdrawals from your 401k . Talk to your CPA about how this is calculated . Roth IRA 's require that you or your spouse have earned income and your adjusted gross income can not exceed certain levels . The contributions you made to your Roth IRA can be withdrawn at any time , tax free because you have already paid tax on this money . However , in order to withdraw your earnings from your Roth IRA account tax and penalty free , you must be at least 59\u00a01/2 years old and the contributions to your Roth IRA must have been made at least 5 years before the withdrawal date . If you withdraw your Roth IRA earnings earlier than 5 years after the contributions , the earnings would not be considered a qualified distribution . The calculation on the `` 5 years '' is not quite as straight forward as you would think looking at a calendar and you should discuss this withdrawal with a qualified financial professional . "}
{"input": "How Much Does Life Insurance Cost A Month? ", "output": "There are a lot of factors that affect the price of life insurance . How old are you ? Do you smoke or use tobacco ? What is your gender ? Have you had any serious health conditions ? How much life insurance coverage do you need ? How long do you want the coverage to last ? "}
{"input": "How Much Does Life Insurance Cost A Month? ", "output": "To see what the best life insurance prices are for persons of your age and build , you can go to websites that offer instant life insurance quotes and input different face amounts and term lengths . Keep in mind that these prices will most likely be higher if you have health conditions or want permanent insurance . A few websites do quote you life insurance even if you have a health condition , but it will still be necessary to talk to an agent to be sure your quote is accurate for your health details . "}
{"input": "Can An 80 Year Old Get Life Insurance? ", "output": "While it 's possible for an 80 year old to get life insurance , it can sometimes be a bit of a process . At 80 one might still qualify for certain simplified issue policies . Simplified issue simply means that the normal medical underwriting requirements might not be quite as invasive as they would otherwise be . If the individual is in superlative health , he or she can also entertain a fully underwritten policy , meaning he or she will undergo pretty extensive medical underwriting in order to qualify for the life insurance policy . This would be the cheaper option per dollar of death benefit purchased , but requires the proposed insured to be in excellent health . If someone this age is considering life insurance time is of the essence as many carriers cutoff eligibility after age 80 and many more cutoff at age 85 . Very few will go up to age 90 , which is where almost all stop issuing policies . "}
{"input": "Can An 80 Year Old Get Life Insurance? ", "output": "Yes , many companies allow you to purchase life insurance to age 85 . Depending on your health the premiums will vary . Some may have a graded death benefit , meaning that your beneficiary would receive a reduced amount during the first 2 or 3 years the policy is in force . "}
{"input": "Can An 80 Year Old Get Life Insurance? ", "output": "Yes , an 80 year old person can get life insurance if they do not have a very serious health condition . There are final expense policies that can be purchased at age 80 , which are whole life and usually have a maximum face amount of about $ 25,000 . There are also medically underwritten policies up to any amount that can be bought by seniors of pretty good health . "}
{"input": "Will Renters Insurance Cover A Dog Bite? ", "output": "The renters or tenants policy is the correct place to find coverage . If you are legally liable for a dog bite , that is covered by a tenants policy . However , many companies endorse their policy to restrict the amount of coverage for an animal . The endorsement may even deny coverage for certain breeds . If you have pets you should read your policy closely . "}
{"input": "Will Renters Insurance Cover A Dog Bite? ", "output": "Renter 's Insurance normally includes Liability Insurance coverage , which would pay for acts of a pet . There are some policies with sub-limits for acts of pets -LRB- means they pay less than your regular liability limit if a pet causes someone to sue you -RRB- , and some with exclusions for acts of pets , so it really depends on your policy . Keep in mind that if your dog bites someone , your insurance will normally cancel the policy if you keep the pet as they believe that a dog who has bitten before will likely bite again . I do n't necessarily agree with that logic but I have seen a lot of families have to put a pet to sleep because it has bitten someone - either due to insurance requirements or law enforcement requirements . "}
{"input": "What Is Medicaid Health Insurance? ", "output": "Medicaid is a Federal government health insurance program established under Title XIX of the Social Security program in 1965 . It is administered and largely funded by the individual states . It 's original and primary purpose is to provide health insurance to low income persons . Though , as is the case with virtually all government entitlement programs it has been expanded in various ways over the years so now there are provisions for coverage in certain circumstances for pregnant women and even illegal aliens among other provisions . Whether or not your family is eligible for Medicaid will be subject to several different criteria such as your employment , how much annual income you make , and how many dependents you have along with some other requirements . "}
{"input": "How Much Does Car Insurance Cost For A 23 Year Old? ", "output": "Insurance Companies price their product without truly knowing what the costs will be . In doing that they look at hundreds of variables to determine a pricing outcome to present to you.In fact it is not uncommon for a specific carrier to have millions of price points in a state . So with that caveat let me try to be more specific . An important piece of the rating will be how long have you been driving ? Any tickets or accidents you have ? Whether you live on your own and rent , or are part of a family account with your parents , Or married or single . So it is best to try and get an agent or company to understand your personal situation and then the vehicle that you need to insure.Don ' t overlook the use of the vehicle . This a very important rating factor . If you commute , be sure your agent or company knows how often you do that . and how far away form your residence you travel . And if you are a student be sure to mention that you have a grade average of a '' B '' or better , if you do . Advise as well , about any drivers training you took in the last several years . What we see today is greater segmentation of blocks of similar , but different exposures and one thing that you might not realize is that carriers often even price your age in six months increments , meaning you get a better price at 23 than 22 and one half . "}
{"input": "How Much Life Insurance Should I Have On A Nurse's Salary? ", "output": "How much life insurance should you have on a nurse 's salary ? Well are you married ? Single ? Have kids ? Have debt ? want to own something that builds equity ? Lots of questions to your question actually . So the answer is going to be depends . ;-RRB- What would you like the policy to do ? Cover debt , build cash values , take care of your animals , donate to your school where you picked up your nursing degree ? The thing is there really honestly is n't a single answer for your question until you figure out what matters to you and what you want to happen if you 're not here or come home everyday for decades . "}
{"input": "How Much Life Insurance Should I Have On A Nurse's Salary? ", "output": "The answer to your question needs to take into account several other parameters besides your income ! What are your goals and needs that a life insurance policy would be addressing for you ? Are you married ? Do you have children or are you planning to start a family ? What are your debt liabilities ? Who would be financially impacted by your demise ? What level of income would you want to provide for them and for how long ? As you can see there are many questions to be answered first in order to determine how much insurance you should have . You need to have a conversation with an experienced Insurance Adviser . "}
{"input": "How Much Life Insurance Should I Have On A Nurse's Salary? ", "output": "There are a number of factors that should be considered , among them are the reasons for coverage and the affordability of that coverage . All carriers have financial guidelines that are based on your annual salary and age at application . The younger you are , the more coverage you can qualify for , and the less it will cost assuming your health is good . Before you apply ask yourself what this insurance must do if you were to die prematurely . Are you single , or married with children ? Obviously the need for coverage will be different in each situation . How long should that coverage remain in force ? These are questions to discuss with a good independent agent that can also help with information , and that can lead you to questions that may not have occurred to you . "}
{"input": "How Much Life Insurance Should I Have On A Nurse's Salary? ", "output": "The typical rule of thumb for anyone regardless of their occupation is : 1 . 8-10X your annual salary 2 . Pay off mortgage and any debt like car loans , credit cards etc 3 . 4-5 Yrs of college for any children If you take and add all of those numbers you will be real close to what your amount should be . I would recommend Term Insurance yr 1 then yr 2 or later convert that to a Universal Life plan . "}
{"input": "How Much Life Insurance Should I Have On A Nurse's Salary? ", "output": "The easiest way to come by a calculation on how much life insurance you will need comes down to three factors . First , do I need life insurance . Who would suffer if I died today financially ? Who depends on my income to live and who would assume any of my debts ? Second , what is the total of all of my debt ? Car loans , credit card debt and mortgage , how much to pay it all off today ? How much will I need for children 's education or their living expenses ? Third , take your current nurses salary times ten . Why ten ? The idea is to be able for your beneficiary to invest that amount and draw your replacement salary without touching the principle . Take those numbers and add them together along with the time period that all of that needs to be covered and you will have your face amount and term life years clearly set . I recommend using an experienced independent life insurance broker to help you navigate the market and find you the best product at the best price for your unique situation . Good luck ! "}
{"input": "How Much Life Insurance Should I Have On A Nurse's Salary? ", "output": "That is a great question ! One that is kind of hard to answer though , -LRB- to be best for you -RRB- without some more specific information . Things that would be helpful to know to give you an accurate idea are physical , like age , sex , smoking preference - smoking/non , health history , and family health history , for example . A 22 year old woman with no health issues would have different options than say a 44 year old man who smokes and has high blood pressure . Other things to consider are more financial planning type things - for example , do you have dependents that you wish to provide for , are you looking to just cover expenses , would you like to transfer wealth ? These are considerations that a good agent would want to cover with you . I 'd strongly suggest that you look up a good independent agent in your area -LRB- independent means they are not tied exclusively to a brand name , allowing them to have several companies to use for comparing -RRB- and walk through your scenario with them . You are certainly welcome to contact me , I would be happy to help if you would like . Think these things over either way , so that you have answers , and set an appointment with an agent or two before you decide . I 'm sorry that I could not give you a solid number , but it would not have been the right thing to do . Thank you for asking ! "}
{"input": "Is Commercial Auto Insurance Cheaper Than Personal? ", "output": "The short answer is , `` usually not . '' Commercial auto policies are in place to provide liability and collision coverage for work related vehicles . Insurance companies view commercial autos as instruments necessary for work , which means they will be used on a daily basis . This means there will be more driving and greater exposure . Think about it this way , when you are getting personal auto insurance the insurance company will ask what is the purpose of having your vehicle and how far will you be driving . For commercial auto policies it is assumed this will be increased . I hope this helps . "}
{"input": "Is Commercial Auto Insurance Cheaper Than Personal? ", "output": "There was a time when it was much less but in many cases the auto were not rated correctly for the business use and also at that time the liability did not extend to other autos driven . Now days it cost more but there is a good reason for that if you are having a commercial auto policy your limits usually are much higher more like $ 1 million in liability limits or higher . Most personal auto policies do not have that high of limits . Now you can have a personal auto with Business use on it which will make your personal auto a little more expensive But it really depends on the type of business and the use . If you have your business name pained on your personal auto then this would not be a good fit for a personal auto policy . Each carrier has VERY specific guideline just like a pizza delivery driver needs a commercial auto policy most carriers on a personal auto would not cover you if you were doing that type of work and had personal auto coverage only . Talk to your agent and make sure that you are covered correctly each carrier and state has it 's own rules and rates make sure yours is rated as it should be . "}
{"input": "Who Qualifies For Medicare A? ", "output": "To qualify for Medicare Part A without having to make payments to Social Security you need 40 quarters of employment where you were paying into the Social Security system . If you do not have 40 quarters of employment then you can pay payments to Social Security system for Part A . These payments would be in addition to the Part B payments that you would pay for Part B coverage.Then if you are going to have Part D-prescription Drug coverage you would have a premium for that as well "}
{"input": "Who Qualifies For Medicare A? ", "output": "People who qualify for Medicare Part A must first of all be US citizens , or lawfully residing in the US for at least 5 years . They must be age 65 , or else can qualify for Medicare Part A at a younger age if they have ALS , ESRD , or have been on Social Security Disability for at least 2 years . To get free Part A , they must have worked at least 40 quarters in which they paid Social Security taxes , or be/been a spouse of someone who did . These are the general guidelines . For specifics , call 1-800-medicare . "}
{"input": "How To Reduce Homeowners Insurance? ", "output": "The most effective way to reduce the cost of a homeowners policy is to increase the deductible . Shifting that risk from the company always results in a reduction . Much is made of deductions for central station alarms , and other home modifications . These adjustments are often disappointingly small . The one thing that you should never do is reduce the amount of liability coverage . "}
{"input": "How To Reduce Homeowners Insurance? ", "output": "The cost of Homeowners Insurance can be controlled and/or reduced in several ways . You can generally obtain a cost reduction by having update inspections such as a 4 point , wind mitigationinspections , protective devices added such as a monitored alarm , storm shutters and in some cases increase your deductibles to offset the overal policy cost . If you live in a home that is over 20 years old , it is beneficial to have any updates documented by means of an inspection and share that with your insurance carrier . If your home is newer most of your policy credits may already be built into the policy but you may not need to carry the increased law & ordinance coverage and you may want to consider a higher dedcutible . "}
{"input": "How Does A Renters Insurance Deductible Work? ", "output": "The deductible on a renters policy only applies to the personal property . If you suffer a fire , for example and some or all of your belongings are damaged , the company will estimate the value of your lost property and pay you that amount minus the deductible . "}
{"input": "Does Geico Renters Insurance Cover Flood? ", "output": "Renters insurance -LRB- and Homeowners Insurance -RRB- does not cover flood . It will cover water damage due to sewer backup if the appropriate endorsement is in place . It may also cover water damage due to pipe breakage depending on the cause of the break . If you live in a flood zone you need to look into your State Flood Insurance program . "}
{"input": "Does Geico Renters Insurance Cover Flood? ", "output": "Flood Insurance is a separate coverage from Renter 's or Home and is backed by FEMA , a government run program . Renter 's and home insurance will cover certain water damage such as water back up or the damage caused by a pipe breakage . My experience is if you live in an area that is near water or an area that can collect pockets of water based on the terrain , consider a Flood policy in addition to your home or renter 's policy . "}
{"input": "How Much Will My Medicare Cost? ", "output": "For most individuals , Medicare Part A will be premium-free . This happens if you 've hit your 40 quarters -LRB- 10 years -RRB- of working life and paying FICA taxes . If you do n't hit this , the premium will be up to $ 426 per month . In 2014 , Individuals with Medicare Part B will pay anywhere from the minimum $ 104.90 per month -LRB- this is most individuals -RRB- , up to the maximum of $ 335.70 per month , depending on your income level -LRB- individuals with higher incomes pay a higher premium due to the high-income penalty on Part B premium calculations -RRB- . So for those with only Parts A & B , the `` average '' person will likely be paying $ 104.90 per month between the two . If you want to add prescription drug coverage or a Medicare supplement plan , you will have additional premium expenses -LRB- the premiums will also be based on the plan you 're applying for , your age , and other factors -RRB- . "}
{"input": "What Are The Highest Paying Annuities? ", "output": "The highest paying annuities should be assessed by category : guaranteed fixed rate , indexed crediting rate , etc. . Annuity interest rates can change so always check your annuity brokerage company for the latest crediting , but as of mid-May 2013 , the fixed rate for 5 years was just around 3 % and indexed caps around 5 % . The low interest rate environment is creating innovation with income riders that can pay on distribution up to 7 % . Remember all these rates can change . "}
{"input": "What's The Purpose Of Life Insurance? ", "output": "The purpose of life insurance is providing economic protection again losses resulting from chance happenings like illness , accident or death . It provides peace of mind by providing a practical solution to economic uncertainties and losses . Life Insurance specifically replaces the uncertainties of risk with guarantees , and promises to replace the unknown with a sense of security . "}
{"input": "What Is Life Insurance Face Value? ", "output": "Life insurance face value is the death benefit paid by the life insurance policy . In Term life insurance , the face value is the amount of life insurance that was taken out . In Permanent life insurance that has cash value , the face value is , again , the amount of coverage purchased . Face value is not the same as cash value . "}
{"input": "What Car Would Have The Cheapest Insurance? ", "output": "Great question . While there are many factors that effect the rate on each car . Each insurance company has diffrent rates on each car . There is a annually report on the most stolen cars in the USA . If your car ranks low in that report your insurance rate will be low as well . "}
{"input": "If My Employer Provides Me With Health Insurance, Do I Have To Take It? ", "output": "You do not have to accept group coverage through your employer as you always have the option of purchasing an individual health insurance plan on or off the health insurance exchanges -LRB- if you qualify for a subsidy , you may want to look at on-exchange plans first - subsidies can not be used towards off-exchange plans -RRB- . If you have group coverage available to you through your employer and your spouse has group coverage through their employer and you only want to go on group coverage -LRB- and not buy individual coverage -RRB- , you generally would need to accept the coverage through your employer and would not qualify to be covered under your spouse 's group plan through their employer . You should be able to contact your company 's HR department to get a definitive answer regarding your specific circumstances because some rules for group coverage can vary depending on whether you 're a part time or full time worker , whether coverage meets ACA requirements for minimum essential coverage , and other factors . If you 're getting married , you would have a qualifying event for a special enrollment period to purchase an individual health 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": "Who Has The Cheapest Critical Illness Insurance In Nevada? ", "output": "Due to fact that critical illness is priced based on health and age of the proposed insured and because insurers all seek different degrees of risk , it is not possible to categorically declare on insurer or one plan as being the cheapest within a geographic area like a specific state . You should seek out the assistance of an agent who is licensed in the state of Nevada to compare the prices of numerous critical illness insurance policies . "}
{"input": "How Much Does An Auto Insurance Agent Make? ", "output": "Great question ! The best answer I can give you is : that depends upon the agent . Most insurance agents are paid on commission , meaning they get paid based upon what they sell . The individual company may or may not provide some form of salary , or provide benefits , but the bulk of the agent 's income will come from his or her efforts at getting the product sold . If the agent is not motivated to work hard , the income is lower than one who is more motivated . I think that is why some people look at insurance agents like they are `` used car salesmen '' -LRB- no disrespect to used car salesmen intended -RRB- as some of them use the same high pressure tactics to make their sale . There are a great number of agents out there that do not act that way , and I am sure that you will find one . If I can help further , please contact me , I 'll be happy to help . Thanks for asking ! "}
{"input": "What Are Annuities Paying Today? ", "output": "Annuity interest rates can change so always check your annuity brokerage company for the latest crediting , but as of mid-May 2013 , the fixed rate for 5 years was just around 3 % and indexed caps around 5 % . The low interest rate environment is creating innovation with income riders that can pay on distribution up to 7 % . Remember all these rates can change . "}
{"input": "What Are Annuities Paying Today? ", "output": "There are websites that you can visit to immediately compare what annuities are paying today . However , as with most financial products , you must be sure you understand the features of the product and compare `` apples to apples '' in order to arrive at an accurate assessment . It is best to visit with a financial representative who sells annuities to find the annuity with the best features and best payment . "}
{"input": "Why Should Everyone Have Health Insurance? ", "output": "Your question boils down to a matter of social and self responsibility . Life presents all of us with unknown risks that a reasonable person should seek to manage to the best of their ability . An unexpected illness or injury and the costs associated with treating those conditions is one of life 's risks . Health insurance is a risk management tool that a person should use to mitigate their personal financial exposure in such situations and to not pass off on to their fellow citizens the costs for providing your personal health care needs . Of course , there will always be those people whose personal financial situation or pre-existing medical conditions make it impossible for them to to take proactive steps to manage the financial burden of their health care . Traditionally , these people have been helped by friends and family , charities , religious organizations and our government safety net programs such as Medicaid and the Childrens Health Insurance Program -LRB- CHIP -RRB- . But in simple terms , it should be your individual responsibility to prioritize your life to be as self sufficient as possible and to not be a burden to your fellow man . Health insurance is a crucial tool in achieving this objective . "}
{"input": "Is Whole Life Insurance Considered An Asset? ", "output": "Whole life insurance is a permanent cash value policy . It is considered an asset in simple accounting terms , as it can be sold and exchanged for another asset . When qualifying for government benefits it is sometimes counted as an asset . In order to qualify for Medicaid in states that did not expand , you may not have more than $ 2,000 in assets . The same criteria apply for Medicaid long term care benefits in all states . Whole life insurance cash values do count towards that total . The free student financial aid form does not count cash value life insurance as an asset . This is a big advantage for using life insurance to fund college savings . "}
{"input": "Is Tree Root Damage Covered By Homeowners Insurance? ", "output": "Because tree root damage is a process that happens over a period of time tree root damage would not be a covered loss . Covered losses would fall under sudden and accidental . Tree root damage is neither sudden nor accidental . In fact the damage is actually preventable if the tree is properly maintained or removed if necessary . Keep in mind , a tree is just a plant and your plants needs to be kept up . As beautiful as they are sometimes you have to take the ax to the tree . "}
{"input": "Will Homeowners Insurance Cover Food Loss? ", "output": "Your homeowner 's policy would cover your `` food '' the same way it would cover your couch or TV . The problem is if you have a standard homeowner 's policy , only damage caused by specific named perils ; Fire , Theft , Wind , etc. would be covered . Coverage on your personal property , furniture , clothing , dishes and yes food , should be the same as the coverage on your home . `` Any direct damage '' should be covered . Now all policies will have deductibles and specific limitations or exclusions butit will make it a lot easier to understand what you are or are not covered for . If your insurer does n't offer this `` Special Coverage '' on personal property or charges you a significant premium for it , you may want to consider another insurer . "}
{"input": "Will Homeowners Insurance Cover Food Loss? ", "output": "It may , but of course , check with your Insurance Professional about the specific terms and conditions of your policy . Assuming there is coverage , it must be caused by a covered peril . In CT , the most common cause is extended power outage caused by a storm or ice build up that causes tree limbs to snap and take down power lines . In those cases , most policies do provide some limited coverage for food lost from freezers and refrigerators , usually up to $ 500.00 . This is , of course , subject to your deductible . "}
{"input": "Who Is Covered By My Auto Insurance Policy? ", "output": "The easy answer for this would be `` Anyone you give permission to drive your vehicle . '' The exception to this would be anyone who is specifically excluded from your insurance policy . For example , a client of mine has a 17 year old son . Their son had a valid learners permit and went through the process of completing Drivers Ed , but never took the final exam and was never issued a license . Even though his permit has expired , based on his age and the fact that he had a permit , I recommended to my client they included him on their policy , but list him as an excluded driver . Because he is excluded , the insurance company does not rate him on the policy , and the premium did not increase . Outside of their son , anyone they give permission to drive their car would be covered , even if the person who borrowed the vehicle did not have their own insurance policy . You do run the risk of increased monthly premium payments should an uninsured driver borrow your car with your permission and be involved in an accident where they are liable however . So be careful of who and how often you do lend your vehicle out . "}
{"input": "Can You Lie About Smoking For Health Insurance? ", "output": "Well , of course you can , you can lie about virtually anything . The question should be is it ethical to lie about smoking for health insurance ? I suspect that in your heart you know the answer to that question is `` No . '' I presume you are asking this question in regard to the smoker 's penalty that can be applied to individual health insurance rates and that some employer 's utilize . At this time individual health plans are not requiring a screening test to determine if someone is a tobacco user and are relying on the honor system for applicants to self-report their usage . There are some employers that take a more strict approach to this matter and may screen you if they require a pre-employment physical . To be clear , if you are a tobacco user and you apply for health insurance asserting that you are not then you are engaging in fraud . Technically this could result in policy termination but my current understanding is that if the fraud is uncovered then the individual policyholder will be back billed at the tobacco user rate and expected to pay all the extra premium due . However , just because the Affordable Care Act allows for a tobacco use premium penalty does not mean that the health insurance carriers are compelled to apply it . So , you have some carriers that for administrative purposes at this time who are n't bothering with applying the tobacco use penalty and others who are . I would inquire with your insurance broker or the insurance carriers you are considering as to what their current rating approach is to tobacco use . In the employer setting the penalties could be more severe depending upon what their personnel policies are . Honesty is the best policy . "}
{"input": "Can You Lie About Smoking For Health Insurance? ", "output": "It is possible to hide your smoking from the insurance company . Chances are the underwriter is not going to poll your neighbors to find out if they 've seen you smoking . However , when you apply for your policy the company will require you to give a blood and urine test . Most of the time they are checking for cotinine with is a metabolite of nicotine . Lying about your smoking on a life insurance application is a material misrepresentation . Life insurance companies can challenge paying claims in cases of fraud . Some courts have determined that lying about smoking usage to get a lower rate is fraud . "}
{"input": "How Much Does Insurance Cost For An In Home Daycare? ", "output": "Great question . A typical renters or homeowners policy will cover the cost of a small in home daycare for 40-100 dollars a year , by a simple endorsement -LRB- change to your existing home or renters insurance -RRB- What I mean by small , and each company will have their own rules so always call your insurance provider , is by havingfour or less children under your care that are not related to you . The cost for a larger in home daycare would need to be covered by a commercial insurance agency and would require a lot more information , number of children , hours of operation , food preparation , staff and certification . "}
{"input": "How Much Does Insurance Cost For An In Home Daycare? ", "output": "In home daycare is a commercial risk . To get a quote contact a commercial insurance agent . I am confident that there are special packages for in-home daycare . You can contact other day care providers and see where they secured coverage . There are associations that also offer packages . If all else fails , go to a large broker and ask about a package and see what they can put together . "}
{"input": "What Is A Medicare Physical? ", "output": "As of 2011 , Medicare started covering an initial `` Welcome to Medicare '' exam and annual `` Wellness '' exams . Neither of these require the patient to undress and do not include a full physical exam from head to toe . Sometimes an EKG or scan for abdominal aortic aneurysm done at these exams will be covered by Medicare . A `` Preventative '' exam is most like what is normally considered to be a physical . Medicare does not pay for preventative exams . "}
{"input": "What Are Medigap Excess Charges? ", "output": "There is much misinformation spread about this topic . The former answer at least implies that a doctor can just `` decide '' whether to accept Medicare assignment or not . It is important to understand that this is only true if a doctor has signed a non-participating agreement with Medicare . Most doctors -LRB- approx . 97 % -RRB- are contracted with Medicare as `` participating physicians '' , and as such must accept Medicare assignment , i.e. the Medicare approved amount for the service as payment in full . Participating physicians are not permitted to bill any Part B excess charges . Next , the former example given is simply incorrect : `` if you had an exam completed that they billed $ 500 for . Medicare says that a reasonable and customary charge is $ 400 . This means that Medicare will pay $ 400 for the exam that was completed . If the doctor accepts assignment , they take the $ 400 as payment in full . If they do not accept assignment , they can bill you up to 15 % of that $ 400 amount as an excess charge . In this example , the doctor could bill you for another $ 60 -LRB- $ 400 x 15 % = $ 60 -RRB- . '' The truth is that if the doctor is contracted as `` non-participating '' with Medicare and chooses not to accept assignment , they are first penalized 5 % of the Medicare approved amount -LRB- $ 400 x 5 % = $ 20 penalty -RRB- . Medicare will only reimburse $ 380 for this example -LRB- $ 400 - $ 20 penalty -RRB- . The doctor can bill you up to 15 % of the $ 380 as an excess charge in this example , or $ 57 . In not accepting assignment , the doctor may bill/collect $ 437 -LRB- $ 380 Medicare reimbursement + $ 57 excess charge -RRB- . This gives the doctor the opportunity to receive $ 437 instead of the $ 400 Medicare assignment , which in effect is a 9.25 % increase in revenue . Non-Participating physicians can decide whether to accept Medicare assignment on a case by case basis , and often do accept assignment , because if they do not , Medicare reimburses the claim to the beneficiary -LRB- consumer -RRB- , and the physician then must collect the reimbursement and the excess charge from the consumer in full . This adds administrative and collection costs that many non-Par physicians do not want to deal with . The former answer states that If you live in one of the states banning Part B excess charges , then the Medicare Part B excess charge benefit of Medigap plans F and G will not be major concern unless you move out of the state . But the truth is that Part B excess charges are not a concern , let alone a major concern , regardless of what state you are living in . For the reasons stated , Part B excess charges are rarely billed . Ask any Medicare beneficiary when was the last time they received a claim payment directly from Medicare -LRB- required if doctor was non-Par and refused assignment -RRB- . You will be hard pressed to find anyone answering yes . "}
{"input": "What Are Medigap Excess Charges? ", "output": "If you 're on original Medicare -LRB- Medicare Part A & Part B -RRB- , and go to a doctor and that doctor does not accept Medicare assignment -LRB- accepting the Medicare-approved amount as payment in full -RRB- , the doctor reserves the right to bill you an `` excess charge '' . An excess charge is an amount up to 15 % above and beyond the medicare-approved amount for the services provided by the doctor . For each type of service , examination , procedure , etc. , Medicare has an approved amount they deem as a reasonable and customary charge - this is known as the `` Medicare-approved amount '' . If the doctor accepts assignment , they are accepting the Medicare-approved amount as payment in full for services provided . If the doctor does not accept assignment , they can bill you an excess charge . For example , if you had an exam completed that they billed $ 500 for . Medicare says that a reasonable and customary charge is $ 400 . This means that Medicare will pay $ 400 for the exam that was completed . If the doctor accepts assignment , they take the $ 400 as payment in full . If they do not accept assignment , they can bill you up to 15 % of that $ 400 amount as an excess charge . In this example , the doctor could bill you for another $ 60 -LRB- $ 400 x 15 % = $ 60 -RRB- . If your Medigap plan covers excess charges , the Medigap insurance carrier will pay it for you . If the plan does not cover excess charges , you will be responsible for the payment of the excess charge . The two Medigap plans that cover excess charges are plans F and G. All of the other Medigap plans do not offer this benefit . So if you 'd like to have this benefit and do not already have a plan F or plan G , you may want to consider applying for one with a carrier . Remember , Medigap plans are standardized , so the only difference between insurance companies Medigap plans are the price they charge for it . Please note , certain states do not allow excess charges -LRB- due to the Medicare Overcharge Measure law -RRB- . The states that do not allow excess charges are Connecticut , Massachusetts , Minnesota , New York , Ohio , Pennsylvania , Rhode Island and Vermont . If you live in one of these states , then the Medicare Part B excess charge benefit of Medigap plans F and G will not be major concern unless you move out of the state . Please note , those living in these states may want to consider Medigap plans C and D for price comparison to Medigap plans F and G as they provide the exact same coverage , just without the excess charge benefit , and may provide you some savings on your premiums . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much . "}
{"input": "How Does A Long Term Care Insurance Work? ", "output": "Long term care insurance will pay you a monthly income -LRB- a previously specified amount -RRB- if you you need assistance with the basic activities of daily living . Of course there are many different degrees although not being able to dress , bathe , eat or walk probably means you need long term care . A full-time broker or financial planner can provide the best expert advice along with the best rates available from top-rated carriers . "}
{"input": "How Does A Long Term Care Insurance Work? ", "output": "Based on the terms of the long term care insurance policy you purchased , you need to determine if your plan is reimbursement or indemnity . Then you need to determine what type of extended care you going to use , for example : assisted living at home or nursing home care . Finally , how much does the monthly benefit pay and how long will it last . "}
{"input": "Is Term Life Insurance Recommended? ", "output": "There are two basic types of life insurance : term and permanent . Term is for temporary needs , permanent is for lifetime needs . Term is recommended in situations where the coverage need is short term - generally anything less than 30 years . If you are not sure , but want to buy term , work with a life insurance professional to choose a convertible term product with favorable conversion features so that you can change to your choice of the term company 's permanent policies later , even if you are no longer insurable , "}
{"input": "Is Term Life Insurance Recommended? ", "output": "Is term life Recommended ? For short term needs absolutely . That 's what term insurance was designed for . As a long term choice or a lifetime choice term can be more expensive than permanent . If your choice is term insurance as a younger person , be sure to purchase `` convertable '' term as there may comea day where you realize that you `` need '' coverage longer than you thought and the ability to `` convert '' a term policy may be the best thing you can do . The super preferred you were able to get as a young person , might help you when as an older person , you 're not so healthy anymore . "}
{"input": "Is Term Life Insurance Recommended? ", "output": "Term insurance , as stated before , is for a specific period of time that usually coincide with life events . For example , after the birth of a child , you will need enough coverage to provide for him/her if you died before he/she reached adulthood . That is usually 18 or so years . After that time , you would n't need to provide for that child in the same manner because the idea would be for the child -LRB- who is now an adult -RRB- to care for themself . As the other professionals have already stated , you would want to convert a term policy into a whole life policy prior to the end of the policy term if you have a continued need for life insurance . Converting your policy is better than purchasing a new one because policy approvals and premiums are based on current age , health status and other factors . When you are young and healthy , your premium payments are lower and it is easier to get approved . The older you are and the more health issues arise , the higher the premiums . Also approvals are harder to achieve . "}
{"input": "Is Herpes Automatically Checked With Blood Work Or Is Consent Needed? ", "output": "Life insurance blood tests do not test for herpes , so there is no need to give consent for that . They often will , however , ask about STD 's on the life insurance application , and if you are taking herpes medication they will see that . "}
{"input": "Does My Homeowners Insurance Cover Theft? ", "output": "It is always best to check in with your Insurance Professional to discuss the specific terms and conditions of your policy , but you will find that in most cases , yes , your Homeowners ' policy will include coverage for loss due to theft . In many cases theft of items directly from your home may be covered differently than from away your home . For theft away from your home , you may find that the policy limits total coverage to about 10 % of the stated personal property coverage listed on your policy . There may also be stated `` inside limits '' to coverage for certain items such as computers , jewelry , firearms etc. . Talk to your insurance professional about insuring your valuable items specifically for their appraised value for broader protection . "}
{"input": "What Is The Age You Can Get Medicare? ", "output": "This is a great question . You can get medicare at age 65 years old , most people will receive their cards 3 months before their 65th birthday others will have to apply with social security . However , people of any age can get Medicare if they have certain disabilities . "}
{"input": "How To Get Health Insurance With MS? ", "output": "-LRB- Old question but it looks unanswered -RRB- One of the ` essentials ' of the Obamacare programs is that there are no pre-existing conditions and you ca n't be turned down because of your health issues . That 's HUGE ! I 'd contact an agent/broker and have them find theplan that works best for you -LRB- coverage and price -RRB- . "}
{"input": "Is Skilled Nursing Care Covered By Medicare? ", "output": "Treatment in a Skilled Nursing Facility -LRB- SNF -RRB- may be covered by Medicare under certain conditions . You must have been admitted to the SNF following a qualified stay in a hospital -LRB- usually 3 days or more -RRB- and discharged to the SNF . Your doctor must certify that you need nursing care for a condition related to your hospitalization . "}
{"input": "What Should I Pay For Life Insurance? ", "output": "You should pay for your life insurance what you can comfortably afford to pay , so that you do not need to drop your policy when small financial problems arise . Life insurance that is allowed to lapse due to being unable to pay premiums does not do any good at time of death . Contacting a website that allows you to compare premiums will show you what the best rates in the country are for the type and amount of life insurance you desire . "}
{"input": "What Should I Pay For Life Insurance? ", "output": "There are two key issues to this question . How much coverage do you need and how long do you want the coverage to last . Aside from underwriting issues these two factors are the primary determinants of the premiums being charged . The true cost though , of life insurance is that measure of the loss suffered by those you love at your passing . If life insurance steps in and provides what they need , it is a bargain ! "}
{"input": "Does Farmers Do Renters Insurance? ", "output": "Great question ! The answer is yes , they do . They are actually one of the top insurers in the business . Call your local agent for quotes and coverage , and be sure to check out a couple of other companies just to compare what they offer . A tip - ask about replacement cost , vs. actual value . If you would like to know more , please feel free to contact me . Thanks for asking ! "}
{"input": "Can You Hold Two Life Insurance Policies? ", "output": "Yes , you can hold two life insurance policies or as many as you desire , as long as you are financially qualified for that amount . A general rule of thumb is that you can have life insurance that totals about about 20 times your annual income -LRB- age and net worth figure in so could be higher or lower than this -RRB- . "}
{"input": "Can You Hold Two Life Insurance Policies? ", "output": "I have seen drawers full of life insurance policies . Some people buy life insurance policies for designated reasons . They will write the name of the beneficiary on the front . Life insurance is bought for such a variety of reasons . You might have a policy that benefits your church , another than pays funeral expenses , another that will help a grandson through college and another to make sure your alma mater puts a plaque on a building saying what a wonderful student you were . "}
{"input": "Will Health Insurance Premiums Go Up? ", "output": "The current realities that are being faced by insurance companies , doctors , and hospitals are going to unfortunately going to shape the United States healthcare economy for years to come . However when viewing the current trends against the historical forces that have served to mold and evolve the healthcare system I am confident that the free market forces are all persuing courses of action that will slow the current trend of healthcare costs rising at an exponential rate vs. the natural rate of inflation . So in short YES you should expect to see health insurance premiums to continue their current trend over the next several years . There are some finer points relating to healthcare costs and PPACA however I am just giving a brief overview of the industry . "}
{"input": "Do Fixed Annuities Make Sense? ", "output": "A fixed annuity addresses the major concern of most retirees , living too long and running out of money . A fixed annuity eliminates market risk and guarantees safety of payments for the rest of your life . A fixed annuity has a rate of return that many find quite attractive . It is the simplest piece of the retirement income puzzle and should at a minimum provide an economic floor for you . "}
{"input": "Do Fixed Annuities Make Sense? ", "output": "A fixed annuity makes sense depending on a person 's situation . What it does provide is steady income on a regular basis when the income period is turned on , and safety of principal during the growth period . The most important thing about a fixed annuity is the rating and claims paying ability of the carrier that offers it because they are making a promise to provide the annuitant -LRB- i.e. that person who receives the benefit -RRB- a `` paycheck '' at a specified time as well as a `` fixed '' rate of return prior to the income phase . If you are worried about market risk , this may be an alternative . I would recommend that you buy and read a book by Tom Hegna , `` Paychecks and Playchecks '' . It explains why people should consider an annuity as well as other products and then consult a qualified financial advisor . "}
{"input": "Can I Get Disability Insurance In Nebraska If I'm Pregnant? ", "output": "Many people want to get Disability Insurance to cover time off for pregnancy and childbirth , in Nebraska and every other state . Unfortunately , the only way to have a normal pregnancy covered is to receive short term disability through your employer , or to purchase it as an individual policy , BEFORE becoming pregnant . "}
{"input": "How Much Would It Cost To Cash In 401K? ", "output": "Withdrawing money from a 401 -LRB- k -RRB- can be quite complicated and could be quite expensive . Since your employer has established the 401 -LRB- k -RRB- the plan documents that govern your plan are in his office . The first thing to find out is whether in service withdrawals are allowed by the plan . Often there will be allowed withdrawals but the withdrawal must meet certain conditions . It is important to determine if you have the right to withdraw money from the 401 -LRB- k -RRB- if you are still an employee . The rules also change if you leave your employer , whether voluntarily or involuntarily . You will probably find that your access to the 401 -LRB- k -RRB- is much greater if you have left your job . If your employer is contributing to your 401 -LRB- k -RRB- there is probably a vesting schedule that is a part of the plan documents . The vesting schedule tells you the percentage of the employers contribution that is actually yours . Normally these vesting schedules run out several years so money that is received by the account may not actually be yours for a number of years . Your deposits will remain yours . These are the employers contributions that have a vesting schedule . If the money in a 401 -LRB- k -RRB- has been deferred from current income tax you will be responsible to pay income tax as ordinary income in the year that you receive the money . If the money is in a Roth 401 -LRB- k -RRB- the withdrawal will be treated as a return of your contribution until you exhaust you basis -LRB- the total amount that you contributed . -RRB- The next major issue is your age . The rules vary a great deal if you are younger than fifty-nine and a half years old . If money can be withdrawn from a 401 -LRB- k -RRB- and you are younger than fifty-nine and a half years old you will be subject . Generally speaking withdrawals from a 401 -LRB- k -RRB- prior to age fifty-nine and a half are also treated to a special penalty tax of ten per cent . This is changed in addition to the ordinary income tax on the distribution . You can not avoid paying income tax on the money received but there are ways to avoid paying the ten per cent penalty tax . There are several general reasons . The first reason is if the amount is being withdrawn because the participant has died . A beneficiary will receive all of the distributions of the inherited 401 -LRB- k -RRB- free of the penalty tax . This can become complicated if the beneficiary is a spouse , please see a retirement income adviser or competent tax advisor prior to finalizing a 401 -LRB- k -RRB- to a spouse . Another circumstance under which money can be taken from a 401 -LRB- k -RRB- without paying the penalty tax is if the money is need due to the disability of the participant . This can also be true if money is needed to pay deductible medial expense . There is also a method of withdrawing money that can avoid the penalty tax . This can be quite complicated but the gist is to take the money in substantially equal period payments . If you think about a retirement annuity you will understand this concept . The payments should be designed to cover the lifetime of the participant . It is necessary for the participant to leave employment to use this technique . The computations for these payments are complicated but there are advisors who can help you should this be necessary . It is important to note that the penalty tax is only applicable until you reach age fifty-nine and half and the payments under this plan do not need to be continued after that point . Other retirement programs have additional exceptions that are more liberal than a 401 -LRB- k. -RRB- IRAs , SEPs and SIMPLEs allow a $ 10,000 exemption to first-time homebuyers -LRB- this means anyone who is purchasing a home and hasnt owned a home for two years . -RRB- These plays also provide exceptions for higher education expenses -LRB- these must be taken in the year they are incurred , not the year that they are paid . -RRB- These plans offer exceptions for health insurance premiums for the unemployed . There is also a special rule for participants who are separating from their company and are more than fifty-five years old . There are ways to avoid the penalty tax but this requires careful tax planning . "}
{"input": "What Is Non Industrial Disability Insurance? ", "output": "Non-Industrial Disability Insurance is administered by the California Employment Development Department -LRB- EDD -RRB- for certain State employees who are disabled due to non-work related illness or injuries . It provides up to 26 weeks of benefits and typically has a 7 day waiting period before benefits will begin to be paid . "}
{"input": "When Is The Best Time To Switch Auto Insurance? ", "output": "Probably the `` best '' time is at policy renewal just because one policy can easily pick up where the other leaves off without you having to wait for reimbursements etc. . That having been said , you are able to switch at any time . Talk to your Insurance Professional about your particular situation . "}
{"input": "When Is The Best Time To Switch Auto Insurance? ", "output": "In most circumstances it probably doesnt make any difference when you switch auto policies . Cancellations are treated on a pro-rata basis by many insurance companies . Doing a switch at renewal might be easiest , though . When considering a switch there are two things to consider . The first is the effect dropping coverage with one company might have on the premiums of other insurance policies that might have been bundled . The second is that switching frequently to save a few dollars does not allow you to develop any relationship with the agent , who might be your best friend at the time of a claim . "}
{"input": "How Important Is It To Have Life Insurance? ", "output": "If you have people who count on you for financial support , and no other way to provide them any financial support if you were to pass away , then it is very important to have life insurance . All you need to do is talk to one person whose loved one left them life insurance at a vulnerable time , and talk to one whose family was forced to get along without the person and the paycheck upon whom they relied . You will immediately see the importance . "}
{"input": "Does Home Insurance Cover Pet Damage? ", "output": "Bad dog ! Fido ! How could you do that ? No Beggin Strips for you for a year and you can forget about that brand new diamond-studded flea collar . And ... you 're sleeping in the garage tonight , not in your bed upstairs ! OK ... Back to the question . Often , the liability portion of your policy covers damage that your pet may have caused to other persons outside of your home . "}
{"input": "Does Home Insurance Cover Pet Damage? ", "output": "As with most insurance questions , the answer includes read your specific policy . There are different policy forms which include different `` levels '' of coverage for both the home itself and the property inside . Basic and Broad form policies only cover you against a specific list of perils . Pet damage is not on this list . Special form policies , however , typically cover the home against any perils not specifically excluded . Most carriers do not exclude pet damage and therefore it would be covered . Unless specifically endorsed , the property inside the home may still be covered under the broad form list of perils even if the home is covered by special form . This leads to a scenario where the home would be covered for pet damage but the property inside would not . As always , the loss would be subject to your deductible so only losses exceeding that amount would be paid . "}
{"input": "What Does A Life Insurance Drug Test Test For? ", "output": "Some life insurance companies have been increasing their drug screening to the Drug 5 Panel/Drug 8 Panel in response to the increasing use of illegal drugs . The 5 panel drug test detects cocaine , PCP , marijuana , opiates , and meth/amphetamines . They also test for nicotine/cotinine and alcohol . No Exam policies do not conduct blood or urine tests . "}