Input: At What Age Should You Consider Long Term Care Insurance?

Output: Most people start considering Long Term Care Insurance at about age 50 and actually purchase it at about age 60 . The younger you are , the more likely you will be to qualify for the policy . Advancements in medicine are wonderful for showing us what is wrong with us and how to prevent it from getting worse . But those same advancements can turn up a lot of health conditions that got overlooked , in the past , when applying for long term care insurance . Applying at a younger age gives you a much better chance of being approved .


Input: At What Age Should You Consider Long Term Care Insurance?

Output: There are a couple of ways to purchase long term care insurance -LRB- LTCi -RRB- , early on when youre healthy . But others say you should start seriously considering LTCi no later than age 50 . The LTCi market of insurance companies has decreased considerably . There are about six real players left in the brokerage community . The price tag generally drives the LTCi sales , but policy definitions should be the deciding factor when premiums are relatively equal .


Input: At What Age Should You Consider Long Term Care Insurance?

Output: The best age to consider long term care insurance will be different for every person . Your budget , financial and health conditions , and product availability will all play a role . There are still a handful of companies that offer very competitive products . Of course , buying coverage at a younger age will be less expensive , if you can incorporate the purchase into your overall financial strategy . An ideal age ? Perhaps in the 44-54 range . A full-time broker or financial planner is the person that will give you the best guidance .


Input: How To Plan For Retirement In Your 60s?

Output: If by planning in your sixties you mean start planning , then you 're working until age 70 , not taking Social Security until age 70 and and required minimum distributions at age 70 1/2 . If you mean you 're ready to retire , do the same for maximum income with Social Security and more money to set aside for retirement by working longer . The # 1 risk to retirement is human longevity . You 'll need the extra money .


Input: How Long Should You Carry Disability Insurance?

Output: You should carry Disability Insurance as long as having your income is crucial to your family and financial goals . The chances of becoming disabled actually increase , the older you get . So the chances of your using your DI increase as you age . Again , if your income is no longer needed , you may no longer need to carry Disability Insurance . For most of us , that point does not come until we retire .


Input: Legally Can A Licensed Agent Sell Life Insurance To Themselves?

Output: Yes . Life Insurance Agents can write a their ownLife Insurance Policy and recieve the commission . They get paid on their own policies . It 's no negative affect , and that is how the industry is structured to work . It 's like working at a car business and getting a free car to drive , working at a restaurant and getting a free meal , or even working for the airlines and getting free flights and trips .


Input: Legally Can A Licensed Agent Sell Life Insurance To Themselves?

Output: Yes , a life insurance agent can sell a policy to themselves . They still must pay the same premium as anyone else of their age , build and health would pay . They can also sell to family members . Again , no agent can give a discount ; life insurance rates are set by the company .


Input: Which Companies Sell Long Term Care Insurance?

Output: In recent years there has been a reduction in the number of Long Term Care Companies . Some of the remaining carriers are Genworth , Mutual of Omaha , and Transamerica . `` Hybrid '' policies are relatively new option for Long Term Care . Contact a local agent for addressing the options available your specific needs .


Input: Which Companies Sell Long Term Care Insurance?

Output: There are not many standalone long term care insurance policies being offered in the current market . There are very few long term care companies remaining in the market , those that are left are reliable . Here are some the players in long term care Genworth , John Hancock , LifeSecure , Mutual of Omaha , MedAmerica , Transamerica , Niche carriers are : Equitable -LRB- STC -RRB- , Aetna -LRB- STC -RRB- and Lincoln -LRB- Linked Benefit -RRB- .


Input: Who Is An Active Participant In A Retirement Plan?

Output: An active participant is anyone who is contributing -LRB- can contribute to the plan -RRB- . For employment plans , this would be anyone who is employed and has access to the plan . Generally employees who work a certain number of hours per year and who are at least 18 years old .


Input: What Is Retirement Accumulation Plan?

Output: All qualified and non-qualified insurance product plans accumulate tax deferred . So it 's a bit of a mystery on what the question is addressing . Over time tax deferral can have a power economic impact on saving or investing for retirement . The tax favored feature oftax deferral accumulation is a significant advantage .


Input: What Is PTD Life Insurance?

Output: PTD in life insurance stands for Permanent and Total Disability . It is a feature of some policies in some European countries that provides the Insured a regular payment if they are permanently disabled -LRB- unable to do their own job , or any job , depending on the type of policy purchased -RRB- .


Input: Why Does My Child Need Life Insurance?

Output: I agree with Tim that one can not really say a child `` needs '' life insurance . But when they are adults , they may need life insurance to cover financial obligations , and be unable to get it because of a health condition . Getting life insurance while they are young and healthy ensures that they will have a policy when it is needed . Even just adding a small child rider to your policy will enable them to have 5 times that amount when they become an adult .


Input: Why Does My Child Need Life Insurance?

Output: Life insurance for children is a great plan . The younger the better . The younger they are , past about 2 weeks old , the rates are extremely low . Ridiculously low in fact . This will guarantee their insurability for the rest of their lives . Get a permanent policy and they can be covered until they die , at that same very low rate . And they even borrow against it for college or retirement , or other needs , and keep the money tax free . It is an incredible deal ! Thank you . GARY LANE .


Input: Why Does My Child Need Life Insurance?

Output: That is a great question ! I can give you three reasons why it makes sense to have life insurance on your child . The first is that unfortunately , children die also . Unless you have the money to cover funeral costs , a very inexpensive policy can be a financial lifesaver . The second is that children can often develop health issues that would prevent , or make prohibitively expensive , getting a policy . Anything that leaves the child requiring home health care is enough to get them declined by many companies . The third is for financial security . Many companies will allow the increasing of the face value at points along the child 's life , and there is a cash value that grows along with the child . The right policy can ensure a good chunk of change is available if needed one day . I have policies on my kids , if that helps . If you would like to discuss this more , please feel free to contact me , I 'd be happy to help . Thanks for asking !


Input: Why Does My Child Need Life Insurance?

Output: I am not sure I would say that a child needs life insurance . There are two main reasons to insure a child , one is financial savings and the other is protecting insurability . Writing a whole life or universal life policy , or cash value plan , on a child has advantages to be able to save extra money for college , a first home or even retirement . The premiums are very affordable and with the right plan can have a good guaranteed rate of return on investment . The second reason is protect the child 's insurability . If you purchase life insurance on a child most all companies have a conversion clause which means the child can convert to higher face amounts , five , ten or greater times the original death benefit without proof of insurability . If the child had a diagnosis in later life and became uninsurable then they would have this policy at a very reasonable rate for the rest of their life .


Input: Does Life Insurance Go Towards Debt?

Output: If the life insurance policy is left to the estate of the insured person , and the deceased insured person had unpaid debt , the creditors to whom the debt is owed may try to collect their payments from the life insurance proceeds in the estate . If life insurance proceeds are left to a person rather than the estate , it is up to the beneficiary whether they want to pay those debts .


Input: Does Life Insurance Go Towards Debt?

Output: Life insurance death benefit proceeds are paid to the beneficiary of the life insurance policy . Those proceeds are generally free from taxation , so the beneficiary may use the money as they see fit . Paying down your debt is a noble use of the money and generally recommended by most advisers .


Input: Is Life Insurance An Inheritance?

Output: Life insurance is an indemnification product to protect the beneficiaries of the insured against economic loss . If economic loss occurred because of taxes during the transfer of the estate from one generation to the next , then your inheritance would be reduced by taxation . Life insurance would pay that tax , so you would suffer a reduction in your inheritance . Life insurance can also create an estate , so to that degree life insurance would be an inheritance .


Input: Does Medicare Plan AB Pay For Total Knee Replacement In 2014?

Output: Most likely yes , but a lot of it depends on medical necessity , services needed in combination with the surgery itself , post-op care , and other factors . The cost of the care will also depend on whether it 's an inpatient or outpatient procedure , the percentage of cost Medicare will cover , etc. . I would make sure to have a Medigap plan in place to cover the costs that Medicare does n't pay for -LRB- e.g. if Medicare covers 80 % of the expenses , the plan would cover the other 20 % if it 's a plan F or G - that 20 % can be a very high dollar figure if you paid it yourself -RRB- . I hope the information is helpful - please feel free to contact me for assistance with your Medigap plan and if you have any other questions . Thanks very much .


Input: How Much Commission Can A Life Insurance Agent Make?

Output: It depends on the company and type of policies . I have seen commissions as low as 35 % an as high as 110 % . Commissions are paid out of a fund from the insurance company , not directly by the consumer . Out of those commissions the agent has to pay for marketing , phone , gas for his automobile , and other business expenses . Most agents do not receive a salary or expense reimbursement .


Input: How Much Commission Can A Life Insurance Agent Make?

Output: How much commission does a life insruance agent make ? Commissions vary by type of product sold and by state sold in . There is a wide range of payouts from 0 % -LRB- yes , there are products that do n't pay a commission -RRB- to upwards of 120 % for the first year . After the first year , in many cases no further commission is earned .


Input: Who Has The Best Retirement Plan?

Output: The best retirement plan belongs to the person who started to save a certain percentage with their very first pay check and have continued saving at a specified rate until today . For many that rate is the percentage of their compensation that the employer will make a matching contribution for others it is just a number that they are comfortable with . Regardless of what plan or vehicle is used , early , consistent savers are the ones who rule when it is time to retire .


Input: Who Has The Best Retirement Plan?

Output: The best retirement plan is based on your specific financial goals . Your first determination is whether to use a qualified or non-qualified retirement plan . The second is to establish your risk tolerance for product suitability . The last is your timeline , the period until you retirement and the length of retire based on life expectancy . Many advisers like the combination of 401 -LRB- k -RRB- s and cash balance plans .


Input: Does Medicare Have Copays?

Output: Original Medicare Part A & B do not come with Co-Pays . You are , however , responsible for deductibles and co-insurance . Co-pays are mostly associated with Medicare Advantage Plans and Prescription Drug Plans . The co-pays do have a wide range from one Plan to the next , so it is always a good idea to review the Outline of Coverage for the Plan you have or may be considering . If you have a Medigap Plan -LRB- also known as Medicare Supplement insurance -RRB- , there is one standardized plan that does have co-pays . With Plan N , the customer is responsible for co-pays for doctor visits . The co-pay will not be more than $ 20 for an office visit . Plan N also requires a $ 50 co-pay for an emergency room visit . This co-pay is waived if you are admitted into the hospital .


Input: What Is Plan F For Medicare Supplement?

Output: Medicare supplement plan F is the most popular Medigap plan in most states . It is the easiest one to explain , the one with the richest benefits , highest premium and highest agent commission . Is it any wonder Medicare supplement plan F is sold more than any other plan ? There are almost always better values and lower premiums with other plans . Over 90 % of my clients pick something other than Medicare supplement plan F.


Input: Who Should Get Variable Life Insurance?

Output: That is a great question ! Variable life insurance policies are a very different type of life insurance , andare definitely not for everyone . In a term or whole life policy , the cost of the insurance is built in to the premium price , and so the only way they would end prematurely is if you stopped making payments . In variable life policies , the cost of the insurance is paid , or not paid , by the performance of the stock market . Instead of the safety of a steady , known payment , a variable policy is tied to the stock market , and as it varies , so does the policy 's value , length of coverage , and your premium payment amount . This type of policy is best suited for someone with a high risk tolerance , who can afford to make larger payments if needed , and who is willing to monitor closely the policy 's value . I hope that helps , thanks for asking !


Input: What License Do I Need To Sell Annuities?

Output: The license you need to sell annuities depends on the type of annuity you intend to sell . For fixed and indexed annuities you need a regular life insurance license . For variable annuities you will need a securities license , specifically a FINRA series 6 license . A FINRA series 7 license will also work .


Input: Is Renters Insurance Necessary?

Output: Necessary is a matter of perspective . I believe that renters insurance is necessary for every person renting a premise . Renters insurance will not only provide protection for your personal property in the event of a covered loss but also provides liability protection in the event that someone is injured in your residence just to name a couple of the major coverages . Contact a local agent to find out more about all of the advantages of having this coverage .


Input: What Do You Need To Know About Life Insurance?

Output: Life Insurance requires an analysis based on future financial needs . its a plan in the event of something sudden and unfortunate . Money is tax free lump sum benefits . You will want to find the lowest rates . The best companies . A professional as myself to guide you to the best coverages . Rates depend on age , health , and other activities . Contact me . I can answer all your concerns and get you best coverages .


Input: What Do You Need To Know About Life Insurance?

Output: That is an excellent question ! There are a couple of things that you should know about life insurance . One is that the price is based on a number of things , such as your age , gender , health , and smoking preference . The younger and healthier , the cheaper , generally . The amount of coverage is also a factor - the higher the policy , the higher the price . The other is that there are basically two types of insurance - term , and whole life . Term lasts for a period of time , and then ends , A whole life policy lasts as long as you do . They each have their advantages , and suited purposes . The best thing that you can do is sit down with an agent and ask them to help you find a policy that is right for you . If you would like to contact me privately , I 'd be happy to help . Thank you for asking !


Input: What Do You Need To Know About Life Insurance?

Output: Everything you need to get started you can find online . Life insurance websites , like QualityTermLife , have information about life insurance types , what to watch out for , needs calculator and quote service that lets you compare prices from dozens of top-rated life companies . This gets you high quality at the lowest , most affordable price . Only when you are ready to buy should you give out your contact information . You will need to speak with an advisor to complete your application , but by that time you should be well-informed enough to get what you need , and not get oversold .


Input: How Many People Go Without Health Insurance?

Output: I think the real answer to your question is that no one knows for sure . Prior to the conclusion of the recent open enrollment period estimates ranged from somewhere in the 30 million to as high as 48 million Americans being uninsured . Certainly the Affordable Care Act -LRB- ObamaCare -RRB- has made some dent in this number but firm figures are difficult to obtain at this time -LRB- late April 2014 -RRB- and even the figures reported are subject to debate . If the goal of the Affordable Care Act was to eliminate Americans being uninsuredthen even the most optimistic enrollment figures of 10 million -LRB- when you include Medicaid expansion and young persons being able to stay on their parents policies until age 26 -RRB- show that we have fallen far short of eliminating the problem . And , some analysts do make the mistake of confusing enrollment with becoming insured and maintaining insurance coverage . Generally there is a 15 % to 20 % attrition rate in the individual marketplace for people who enroll but either fail to make their initial premium payment or discontinue paying -LRB- and thus their coverage -RRB- after a few months . There is little reason to think that the law will change human nature so the net impact on the number of uninsured Americans will probably be further diluted as the year progresses . When one takes into account that many enrollees being counted were previously insured under plans no longer compliant with the law 's requirements you have a fairly large amount of the enrollment really just being a transfer from one insured status to another . The end result is that there are fewer uninsured Americans today than there were a year ago but that number has not been reduced dramatically .


Input: What Does Whole Life Insurance Not Guarantee?

Output: Participating whole life can not guarantee policy dividends . Its relatively high premium is designed to be paid for life -LRB- in most cases , earlier in others -RRB- and is required to be paid each year . You may not skip a premium . Dividends are never guaranteed . Dividends are a return of premium . They can stay in the policy by buying paid up additional life insurance . Such projected cash value from dividends will appear on illustrations as non guaranteed cash values . The basic cash values in the policy are guaranteed .


Input: Which Are The Best Life Insurance Companies?

Output: It 's difficult to identify the best life insurance companies because there are several categories to review : product , underwriting and carrier ratings . Products are generally divided into two types : term and permanent life insurance . Underwriting is divided into standard and above and table rated . Six different rating services assign degrees of financial strength and claims paying ability .


Input: Where Can I Buy Renters Insurance Online?

Output: Renters Insurance can be purchased Online ! Renters Insurance is designed to protect tenants from financial loss due to damage or theft of Personal Property and protection from cases of Personal Liability . In order to obtain a quick and free quote for renters insurance , you will need to state the amount of personal property coverage you desire , the personal liability limit and the deductible for the policy . If shopping for the cheapest possible premium , you should request the minimum amount of personal contents coverage that is acceptable to you , the lowest limit of personal liability -LRB- $ 100,000 -RRB- and the highest available deductible . Once you have the rate quote , you can proceed with the purchase of your renters insurance policy . The link providing an online format to obtain a quote and buy renters insurance online in multiple States may be used directly by Consumers . WEBSITELINK


Input: Does Child Support Include Health Insurance?

Output: In some situations a part of your divorce decree may include a stipulation that your ex-spouse provide health insurance coverage for your child -LRB- ren -RRB- . In some cases the cost of coverage is over and above the mandated monthly child support amount , or it may be included . Every situation is different so review your decree .


Input: Does Child Support Include Health Insurance?

Output: Does child support include health insurance ? Only if it is required by the divorce decree . In the decree , restrictions against enrollment are wavied to comply with the court order . It may or may not be part of the total payments for support , just depends on the details of the decree . If it is not part of the divorce decree , then it is up to the cooperation of the two people divorcing .


Input: Does Medicare B Cover Prescriptions?

Output: Medicare Part B does not cover prescriptions . Medicare Part A & B only covers about up to 80 % of the total costs of healthcare related charges . You can get a Medicare Supplement Plan to cover the co-insurance , deductibles and other expenses that Part A & B does not cover . In addition , you can get a Part D prescription drug plan to cover your prescriptions .


Input: Why Have Car Insurance?

Output: Insurance is designed to share a risk that you can not handle yourself . Can you pay the $ 750,000 paid a few months ago to the family of a pedestrian struck in a crossing lane ? Can you afford to buy your vehicle if it is damaged in a collision ? If you or a passenger is hurt in your car by someone else who thinks auto insurance is unnecessary , can you pay the medical bills ? The legal requirement is a minor issue .


Input: Why Have Car Insurance?

Output: That is a great question ! The best answer I can give you is because it 's the right thing to do . First , it 's right because it demonstrates responsibility in protecting yourself , and others on the road ; secondly it shows responsibility in obeying the law , as auto insurance coverage is mandated by law . Responsibility is a good thing , especially if you are going to be driving . Thanks for asking !


Input: Why Have Car Insurance?

Output: First of all in most states it is mandatory and you can lose your license if you do not have insurance . It is also a protection for you against lawsuits . Non of us plan on being in an at fault accident and hurting or killing someone . If someone is hurt or killed they or their family are entitled to compensation . Car insurance can help provide at least some compensation for medical bills and loss of income for the innocent party .


Input: How Does A Vanguard Roth IRA Work?

Output: Although I do not represent Vanguard , I assume that it would work like every other Roth IRA . The money you deposit would be after-tax dollars . You can not deduct these deposits from your current income tax . The money you deposit will be placed into one of several optional plans designed to meet your risk tolerance , investment experience and personal objectives .


Input: Does Renters Insurance Cover Air Conditioners?

Output: An air conditioner would not be covered under a regular renters insurance policy under normal circumstances . If the air conditioner was damaged due to a covered loss then the damage may be covered less your deductible . Read your policy completely to know what coverage is provided and what exclusions there may be or contact your local agent to have them go over the policy with you .


Input: Is Disability Insurance Necessary?

Output: Disability Insurance replaces up to 80 % of your income at a time when you can not work . For most people , receiving their income is a necessary factor to live a normal life without tremendous upheaval . Granted , becoming disabled itself can carry emotional , social and physical trauma . But to take away income complicates things at a time when further disruption is not needed . Social Security Disability Insurance does exist , but it takes longer to get , does not replaces as much income as an individual policy , and requires that you can not work at any job .


Input: What Is The Best Car Insurance For DUI?

Output: There is no single best auto insurance company who is best for a DUI , or any other violation for that matter . However , there are plenty of non-standard companies who go much easier on DUI 's than standard companies . Companies will also vary greatly based on the levels of coverage you request . Your best bet is to simply get a quote with an independent insurance agent who carries multiple companies to quote you with .


Input: Who Finances Medicare?

Output: Medicare is financed at least in part by payroll taxes collected during your working years . Some of the payroll taxes go to pay current obligations . If there is money left over the surplus is placed in a trust fund . Medicare is also financed by premiums you pay for your Part B coverage .


Input: How Much Is Car Insurance For A 18 Year Old In Texas?

Output: This is a very broad question . There are so many different factors that affect rating . Age is a big factor when we are refferring to individuals below age 25 , however it is n't the only factor . I would recommend you to shop around . Each insurance company weigh age differently .


Input: What Is A Good Renters Insurance?

Output: Like all other types of insurance , there is no one company that is `` best '' or `` most affordable '' home owners coverage 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 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 To Claim Disability Insurance Benefits?

Output: To claim disability insurance benefits , first of all , review your policy and become re-acquainted with its features . Also review the list of qualifying causes of disability , so that you can see if you indeed have a claim . Your policy will spell out how to file a claim . Be sure to follow the instructions and keep copies of everything . Keep notes if you speak on the phone with representatives with the insurance company . Ask your doctor to assist you by spelling out your condition in medical record notes .


Input: Does Anyone Have Life Insurance On Me?

Output: If anyone had life insurance on you , you would probably know it , because you need to give your consent for someone to take out life insurance on you . However , if you were a child when the policy was purchased , there might be a policy on your life that you do n't know about , most likely owned by your parents .


Input: Can You Cash Out Your 401K?

Output: Your 401 -LRB- k -RRB- plan is established by your employer . There is a document that states what you may do with the funds in the separate accounts . The document will tell you at what point the contributions by the employer become yours . The document might provide opportunity to withdraw some of the funds for specific purposes . The plans permission to withdraw doesnt diminish your responsibility to pay tax on the money withdrawn including penalties if you are less than 50.5 years old .


Input: Can You Cash Out Your 401K?

Output: That is a great question ! You can , but the question is do you really want to ? In many cases , you will lose a substantial amount of the funds ' value by doing so , either through loss of unvested contributions , penalties , or from the income tax that is assessed . Those losses can be really steep , up to a third of the value of your fund . If you need to get your hands on some fast cash , try borrowing from your life insurance , or selling something before gutting your future , ok ? Please drop me a line if you need help , ok ? Thanks for asking !


Input: I'm Pregnant Can I Get Health Insurance?

Output: Yes . Under the new Affordable Care Act , you can not be declined for health insurance for any medical-related conditions . Each policy is required to cover 10 essential health benefits - one of these essential benefits is maternity care . If you need assistance in determining which health plan is right for you , send me a private message on here or check out my website -LRB- a link is available on my profile page -RRB-


Input: What Types Of Annuities Are There?

Output: Annuities are categorized in several ways . There are immediate annuities in which you pay a lump sum and the annuity starts paying out almost immediately , and there are deferred annuities where you make periodic payments and then start receiving payments years down the road . There are fixed annuities that guarantee an interest rate , and variable annuities for which the return is based on the stock market . Annuities can combine several features to produce a contract that works best for your financial goals .


Input: How Much Does Guaranteed Life Insurance Cost?

Output: Guaranteed Life Insurance costs approximately $ 150/month for $ 25,000 of Whole Life for a 60 year old male . Guaranteed issue life insurance usually is whole life and is graded during the first 2-3 years . Some will raise prices periodically , or when they raise them for the rest of the group . Others will lock in the same premium for life .


Input: What Is Eoi For Life Insurance?

Output: EOI in life insurance stands for `` evidence of insurability '' . When you are taking an exam to get a life insurance , you are providing evidence of insurability . It is whatever is required to show that you are qualified to obtain that policy . When life insurance does not require EOI , that can make the policy very expensive , as in guaranteed issue life insurance , which has no evidence of insurability requirements . However , sometimes no EOI can be a perk . E.g Many term policies offer the opportunity to convert them to permanent policies without evidence of insurability . That is a perk , especially if your health deteriorates and you can not qualify for a new term policy . It is a double perk in that the converted permanent policy will be rated the same as your term policy was .


Input: Can I Get Health Insurance If I Have Hepatitis C?

Output: That is a great question ! Thanks to the Affordable Care Act -LRB- Obamacare -RRB- the insurance companies are no longer allowed to deny coverage to people with `` pre-existing conditions '' . This is a great blessing to folks that would not have been able to get help with their medical needs before . Some insurers and the politicians they support would like to have the act repealed , and unfortunately should that happen , then people would again be denied care . If you go to the WEBSITELINK website during the next open enrollment period , you can choose a plan , and may find that you qualify for help paying for it . Thanks for asking !


Input: Can I Get Health Insurance If I Have Hepatitis C?

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 . I always recommend consulting with an experienced broker if you 're looking for coverage or want to review your existing insurance to see if a better option is available . Insurance brokers have an in-depth knowledge of products from many different carriers and can help you determine the plan that 's going to best serve your needs and your budget . Please let me know if I can be of further assistance . Thanks very much .


Input: Why Do They Draw Blood For Life Insurance?

Output: Life insurance is a mortality product priced on the actuarial assumptions of life expectancy . Testing several blood indicators can establish a baseline of underwriting debits or credits that are calculated in determining an offer . A Blood panel is created to with basic norms in the blood analysis report that the proposed insured can obtain upon request .


Input: Why Do They Draw Blood For Life Insurance?

Output: Depending on the coverage requested a paramed exam may be required . Since the blood is the primary means by which a body is fed , it can reveal a lot about what is going on internally with a person . Although there are a variety of tests that can be run on a blood sample , most Insurance companies are looking for conditions that may affect insurability . It can also help the proposed insured to discover just whats going on with them internally . There are times when healthy blood levels can elevate a person 's health status with the proposed insured company -LRB- from standard to preferred -RRB- depending on how the initial application was written .


Input: Why Do They Draw Blood For Life Insurance?

Output: Life insurance companies will draw blood depending on the amount of insurance . They will check for HIV or Aids , nicotine , drugs , diabetes , liver problems and other health issues that affect mortality . This helps the company underwrite the policy properly to determine the proper rating -LRB- premium -RRB- and insurability of the proposed insured . .


Input: Why Do They Draw Blood For Life Insurance?

Output: Blood is drawn at the paramed exam for a medically underwritten life insurance policy so that you can be tested for cholesterol , HIV , liver disease , triglycerides , blood sugar , and other conditions . This helps the life insurance underwriter determine your life insurance rating , which in turn , dictates what premium you will pay .


Input: Does Globe Life Insurance Work?

Output: If the Globe Life Insurance Company is admitted in your state it falls under the supervision of your insurance commissioner . One of the commissioners responsibilities is to make sure that insurance companies keep their promises . The Commissioner has several methods of achieving that but the bottom line is that promises are routinely kept .


Input: When To Purchase Annuities?

Output: You should purchase an annuity when you need a lifetime stream of income . That is what only an annuity can provide . There are other times to purchase an annuity . You need to save towards retirement or some other long term goal and want the earnings of the savings to be tax deferred . An annuity is your solution . You might buy an annuity to realize a greater profit as compared with other long term savings vehicles .


Input: When To Purchase Annuities?

Output: Maybe never . With any savings or investment products , you need to create a financial suitability profile that establishes your risk tolerance and confirms your economic goals . If those goals include tax advantaged insurance products , then you should consider annuities . If tax deferral is a key component for you , then annuities should be a consideration . Annuities have crediting options like interest rates , indice returns and equity/bond market performance which you should correlate with your risk tolerance profile . But keep in mind that ultimate use of annuities in your portfolio should be for income . Without this critical goal in mind , annuities may not be for you .


Input: What Is The Cost Of Part D Medicare?

Output: Medicare Part D , the prescription drug coverage , is a privately insured plan offered by insurance carriers that offer Medicare approved plans . Each plan is different . Some have deductibles others do not . All have copay 's and coinsurance . The price varies by the number of drugs covered and the amount you are expected to pay for the drug .


Input: How Much Does Auto Insurance Agent Make Per Policy?

Output: Well it all depends on the company they work for . But most agents make a small amount of money selling an auto policy . They count on the Renewals to run there agency . you can always ask your agent how much he will make selling your auto insurance . But typically its betten % 5 - % 10 of the policy premium .


Input: Why Do Health Insurance Rates Increase?

Output: Health insurance rates increase because the underlying cost of health care services increases every year and our population 's average consumption of health care services has been increasing for many years . If the cost of gasoline steadily rises and at the same time you are driving more miles each year then you understand it costs you more to operate your car . Health care services are the gasoline and using more health care per person is the increased miles driven part of the analogy above . That addresses the basic economic factors that have been happening for decades . Now add to those the impacts of the Affordable Care Act -LRB- ObamaCare -RRB- and you have a whole new set of cost drivers being added to the equation . For example , ObamaCare does add taxes and fees to insurance plan costs and medical devices - these costs are passed on to the consumer . The law mandates that a wide range of preventive health care services must be covered at 100 % , all policies must cover maternity -LRB- many individual policies did n't -RRB- , no medical underwriting is allowed , polices must be guaranteed to be issued and pre-existing conditions must be covered immediately , and these are just some highpoints of the coverage changes now required . While all of these requirements may sound good , and they do benefit many people , there is no way around the fact that such changes will increase health care consumption even further . More demand for a finite resource equals higher costs . An aging American population is also a driver of increased health care consumption and , with the Baby Boom generation entering their retirement years , will be for years to come . This gives you a generaloutline of why your health insurance rates have been increasing and will continue to be increasing for the foreseeable future . As I described above , our nation has many structural issues that drive health insurance rates higher . Despite its name , the Affordable Care Act serves mainly to expand access to health insurance and health care but does very little to address any of the underlying factors that lead to higher health insurance rates .


Input: When Will An Insurance Company Total Your Car?

Output: An auto insurance carrier will typically consider your vehicle totaled when the cost to repair the vehicle would be greater than the valuation of the vehicle at the time of the accident . Insurance carriers have a standardized table that is typically used to determine the valuation of the vehicle or in some cases you may have the vehicle covered at a stated or agreed value at the inception of the policy .


Input: What Does Ownership Of A Life Insurance Policy Mean?

Output: In addition to Peggy Maces comments , ownership is like title . There are legal issues involved and sometimes it is important to correctly title a life insurance policy . At a minimum the values of the insurance policy are the property of the owner neither the insured nor the beneficiary .


Input: What Does Ownership Of A Life Insurance Policy Mean?

Output: Ownership of a life insurance policy refers to the person who is allowed to make changes to the policy . The owner can be the person whose life is insured , or the owner can be someone else who has a financial interest in the life of the Insured . The owner can change the beneficiaries and features of the policy without consent from the Insured , Beneficiaries , or Payor .


Input: What Does Ownership Of A Life Insurance Policy Mean?

Output: That is a great question ! The terms used in life insurance policies can be confusing . There are three entities in a policy - the owner , the insured , and the beneficiary . The easiest one is the beneficiary - the person or entity -LRB- trust , estate , etc. -RRB- that receives the benefits from the policy . They receive these benefits when the insured passes away . The insured is the person whose need was the reason for the policy . Here 's where it can be confusing . The owner is the person who has legal rights to the policy on the insured . That legal title gives them right to change some of the moving parts of the policy , including the beneficiary . In many cases , the owner and the insured are the same person . I buy a policy on my own life . I am the owner and the insured , and I name my wife as my beneficiary . I retain the option to change the beneficiary -LRB- should she pass first God forbid -RRB- and the right to use the cash value within the policy . If I bought a policy for my children , I would own the policy , but my child would be the insured , and my wife and I the beneficiaries . I can transfer that ownership to my child once they are able to make the payments , and manage the policy successfully . Once they own the policy , they are free to change the beneficiary to whomever they choose -LRB- their wife or child , say -RRB- . Hopefully that clears things up for you . If it does n't please feel free to contact me , and I 'll walk you through it some more . Thank you for asking !


Input: Can I Get Long Term Care Insurance For My Parents?

Output: Yes you can obtain long term care insurance for your parents and it is a really good idea and a loving thing to do . Of course they will need to participate in the process including submitting to the medical underwriting requirements . You might want to purchase whole life policies for them and add LTC as a rider . In some cases taking that route may save you money over buying LTC by itself .


Input: Can I Get Long Term Care Insurance For My Parents?

Output: You can get Long Term Care Insurance for your parents as long as they are willing to go along with the application process . They will need to sign the application , take the required exam , and allow their medical records to be accessed by the LTC company . It is OK for you to purchase the policy for them .


Input: What Is Direct Auto Insurance?

Output: Direct auto insurance is not a type of auto insurance , but a way to buy or method of selling auto insurance . Some auto insurance companies , like USAA & Amica , do not have insurance agents representing them , and sell auto insurance -LRB- and other types of insurance -RRB- direct to the public only . Auto insurance companies selling direct to the public staff call centers with licensed insurance representatives employed by the company , to sell and service the company 's insurance products . Although I think most people benefit from receiving the personal service of an agent , accountable to the customer for providing customer service , advice , and assistance , both USAA & Amica have excellent reputations for claims & customer service . Companies like GEICO & Progressive are known for selling direct to the public , though GEICO has agents available in many large metropolitan areas , and Progressive also sells through independent insurance agents , though the products and rates will be different than buying direct . When you call a company selling direct for an auto insurance quote , you speak with a company employee licensed to sell insurance , working from a call center , most likely out-of state -LRB- but not outside of the USA -RRB- . If you buy the auto insurance policy , there is no one person at the company responsible for your account , as there would be , if you purchased a policy through an agent . So , a company employee sells you the auto insurance policy , but if you call back with a question , or to make a policy change liking adding or removing a car , whichever employee answering the phone will help you , much like you receive help when you call your cable TV company . GEICO & Progressive seem to compete on price more than other companies , but buying direct does not always mean a better price . Selling direct mean no agent commissions to pay , but selling direct has other costs , like more marketing costs for TV & media ads , employee salaries and benefits . A wise auto insurance shopper decides on the coverage they need , then check the rates of all the major auto insurance companies in their state , regardless of whether the company sells direct , through their own local agents , or through independent insurance agents .


Input: What Happens When Term Life Insurance Is Paid Up?

Output: Actually term life insurance can not be paid up . It just expires or has a steep premium increase many times 1,000 % . The cash value policies such as whole life , universal life , indexed universal life or variable universal life do endow or are `` paid up '' plans in which you are asking . Sorry !


Input: What Happens When Term Life Insurance Is Paid Up?

Output: Term life insurance is never paid up . Assuming you make your premium payments , if you are still alive at the end of the term life insurance policy 's stated time period -LRB- e.g. - 10 years -RRB- the policy ends and the life insurance protection ceases . In this case the insurance company has won the bet , you did n't die during the period the policy was taken out for and they get to keep all the premium paid for taking on your risk during that time period . The only exception to this general rule is in the case where a Return of Premium rider was purchased with the term life policy . In this situation if you are still alive when the term life policy reaches the end of its stated period of coverage the policyholder is refunded the premium they have paid to the insurance company over the life of the policy . You do pay additional premium costs for this Return of Premium provision .


Input: What Happens When Term Life Insurance Is Paid Up?

Output: Term Life Insurance does not have the option to become paid up , like permanent life insurance does . If you pay your policy each monththrough to the end of the term , the policy simply ends or takes on a higher cost . There is nothing to cash in . Also , you do not have the option to pay term at an increased cost for a shorter time period , like you do with permanent insurance . If you quit paying on it at any time , the policy ends .


Input: What Is Voluntary Term Life Insurance?

Output: Voluntary Term Life Insurance is offered to employees who have some life insurance provided to them by their employers , and their employers are giving them the opportunity to purchase additional life insurance coverage at group rates . Employer provided life insurance is not taxable to $ 50,000 whereas voluntary life insurance purchased beyond that amount will be a taxable to the employee .


Input: What Is Voluntary Term Life Insurance?

Output: What is voluntary term life insurance ? Usually it is a program offered through your employer to provide employees with an opportunity to purchase life insurance through work and payroll deduction . In some cases , voluntary group life offers life coverage at a higher cost , but with fewer health questions and no lab testing . The thing to keep in mind when considering life insurance is the more questions they can ask , the cheaper the cost will be for a healthy person . That does n't mean Voluntary life is bad , it means you may find coverage cheaper elsewhere .


Input: What Is Voluntary Term Life Insurance?

Output: This sounds like something offered by an employer , is this correct ? If so , it just means you can opt-in for the coverage and you will pay the premium . It is typically less expensive per dollar amount of coverage purchased . This is because it is often times based on the group of employees and not one individual . There is usually a cap to the guaranteed issue amount , but some will allow you to purchase more with some additional individual underwriting .


Input: What Is Voluntary Term Life Insurance?

Output: Oftentimes , your employer will pay for you to receive a certain amount of life insurance , then give you the option to purchase more coverage beyond that amount . The amount that you pay for on your own is called `` voluntary life insurance '' . If your employer does not pay for any of your life insurance , the entire amount that you purchase would be voluntary life insurance .


Input: When Can I Change My Medicare HMO?

Output: You can change Medicare Plans and prescription drug plans every year from October 7 to December 15th . You can also change plans if you move out of the service area or lose your coverage . If you qualify for Extra Help with prescriptions or are on Medicaid you can change anytime during the year . These are called Special Election Periods .


Input: When Can I Change My Medicare HMO?

Output: Some people like a Medicare HMO plan , some do n't . As long as you are comfortable with the HMO concept there is no reason to make a change during enrollment periods . With an HMO you only have coverage when using a par provider . Exceptions are made in the case of a true medical emergency . Non-par charges are not included in your out of pocket cap .


Input: When Do I Need To Buy Home Insurance?

Output: If you are a homeowner you need homeowners insurance . If you are a first time buyer then escrow and the lender will make sure you have homeowners insurance in place at the close of the home sale . If you are already a homeowner then I recommend you maintain a homeowners policy . If your home is paid in full you do have the option of letting the policy go but I would advise against this unless you believe you can afford the replace your home in the event of a total loss .


Input: How Much Is Home Insurance Yearly?

Output: Annual #HomeInsurance rates are different for each home ; homeowners insurance premium is based on the coverage afforded , details of the risk and deductible chosen by the insured . There islink 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 Is Covered By Life Insurance?

Output: The insured and any persons listed as additional insured or riders are covered under a life insurance policy . Many people have life insurance policies including adults and children . The younger the person applying , the least expensive the rate will be . And of course , there are many types of policies that can be purchased .


Input: How Much Can You Make Selling Life Insurance?

Output: The average life insurance agent makes be around $ 50,000 on life insurance sales a year . There are a segment of the sales force that makes between $ 75,000 and $ 100,000 a year . Less than 1 % make over those numbers day in and day out . Selling life insurance successfully is based on the law of large numbers .


Input: How Much Can You Make Selling Life Insurance?

Output: The average life insurance agent makes around $ 40,000 per year . But selling life insurance is like owning your own business . There is no limit and there is no safety net at the bottom either . Most people who get into life insurance never make it past one year . A very few make a whole lot of money . How much one person makes has nothing to do with how much another person will make .


Input: How Much Can You Make Selling Life Insurance?

Output: Most full time seasoned life insurance agents make $ 50,000 from exclusively selling life insurance . The more affluent life insurance agent can make in excess of $ 100,000 annually from the sale of life insurance . The elite Top of the Table and Court of the Table members make in excess of $ 250,000 annually selling life insurance .


Input: Is Voluntary Life Insurance A Pretax Deduction?

Output: Ifyou own and pay for the voluntary life plan you do not want it to ba taken pre-tax unless you absolutely hate your beneficiary as by taking a tax deduction for your life insurance , that action makes the benefit a taxable occurance . Currently employers can deduct the expense of life insurance up to 50,000 face amount as a busines expense and the outcome to the employee is not taxed . The employee never paid the premium , the employer did as a benefit . It is much different if the employee pays . There may be some very rare situations where you can deduct the premium , but that is very rare .


Input: Is Voluntary Life Insurance A Pretax Deduction?

Output: Voluntary life insurance that exceeds the $ 50,000 provided to you by your employer does not receive any tax deduction . However , the death benefit left to your beneficiary is usually tax free , which can be a consideration when looking at the big picture .


Input: Is Paid Family Leave Disability Insurance?

Output: You may be referring to Paid Family Leave offered by the state of California . Workers who contribute to the State Disability Insurance fund are entitled to 6 weeks of family leave to bond with a new baby or child joining the family , or to care for an ailing family member . During this time , part of their wages will be paid to them . While California 's Disability Insurance is also funded by paying into SDI , it is different from Paid Family Leave in that it provides partial payment of wages in case of disability from a non-work related cause , or due to pregnancy or childbirth .


Input: Does A Non-Working Spouse Need Life Insurance?

Output: Yes , if there were a financial hardship if they died . Let 's say the wife has a very demanding and high income career . The husband stays home to raise the kids and take care of the house . The husband suddenly dies . Now the wife has to hire a nanny , a house keeper and possibly a personal assistant to replace the work that was being done .


Input: How To File A Renters Insurance Claim?

Output: It is very easy to file a renter 's insurance claim . You should call/contact the broker/agent that is servicing your policy . If you do not know who it is , then call the insurer directly . You will be asked some questions regarding the items that were damaged , stolen etc. . . so be prepared to provide information . If it is a liability claim , more extensive information may be needed .


Input: Does Homeowners Insurance Cover TV Damage?

Output: It may if the damage was caused by a covered peril within your policy . Some of the perils typically covered under a homeowners policy are fire , smoke , explosion , wind . If you want to know what is covered , I would recommend that you read your policy completely for coverage and exclusion information or call your local agent and them tell you what is covered or excluded .


Input: Can I Sell Annuities With A Life License?

Output: Yes , you can sell fixed and indexed annuities with a Life license . If you sell variable annuities you need a securities license . In addition , if your client is funding their fixed annuity with money from stocks , bonds , or mutual funds , you must have a series 6 , 7 , or 63 license in order to liquidate those funds and put them into the fixed annuity .


Input: Which Homeowners Insurance Company Is Best?

Output: The best insurance company is the company that pays the most when you have a loss . All insurance companies are companies that manage a pool of similar risks . Every insurance company is regulated by the insurance commissioner in the state where the company is organized and the state where the company is allowed to transact business . This combination of state supervision is designed to make sure that each company keeps their promises . There are rating bureaus that offer information concerning various insurance companies . These bureaus generally give higher ratings to larger companies with longer histories . They are rating the financial capacity of the companies . While this is a good indicator of which insurance company to choose it is far from the only criteria . Ultimately most people buy homeowners insurance from an agent . That agent might represent one company or one hundred companies . The point is that the relationship is not with the company as much as it is with the agent . People buy insurance from people that they trust . A good agent will listen to you , provide sound financial advice and communicate clearly with you and the insurance company . The agent will propose a company . Few reject the company selected by the agent . The role of the company is to keep the promises that it makes . There are a wide range of homes for insurance companies to insure . Some companies have an appetite for homes that are in the mountains or heavily wooded areas . Other companies will not even consider such a risk . Some companies will insure homes on bluffs overlooking the ocean while others wont consider such a risk . Underwriting will often have special rules regarding roof type , location of an evaporative cooler , presence of certain pets and presence of certain types of recreational equipment . There are many reasons for some of these underwriting decisions but the agent will be able to identify the best company for you . The underwriter will try to suggest appropriate coverages . Even if you had the most highly rated company if the limits selected are not adequate , you could be left with a large loss in the event of a disaster . For example , you might have a significant amount of jewelry , photographic equipment , or musical instruments . If these are not insured correctly their loss could represent a significant financial loss for you . The most significant area of underinsuring is liability . Your agent should let you know the highest amount that the company will provide . If you choose less coverage , any loss in excess to the limit in the policy will come out of your assets . Your agent should tell you about the availability of umbrella liability coverage . A lawsuit can make havoc out of the best financial plan . Finally the way that the company pays the loss when you have a claim is the most critical factor . Homeowners claims are infrequent but tend to be severe . It is important that the agent you have selected assists you during this critical period . Maintaining communications with you during a claim is an identification of a really good insurance company .


Input: What To Look For In A Term Life Insurance Policy?

Output: The most important thing to look for in a term policy is convertability . Convertability is the ability to go to a permanent policy without having to proove `` insurability '' from the term policy company . Why is this so important ? Term is for a temporary need . Term covers a piece of time and what happens inside that period of time . If you live past that period of time , and still need insurance you will be faced with a great increased cost that will rise every year there after , so conversion gives you the opportunity to continue you coverage at a rate class you may never qualify again for .


Input: What To Look For In A Term Life Insurance Policy?

Output: There are several features that can make one term life insurance policy more preferable than another . Among them are : 1 -RRB- The price and death benefit are guaranteed to stay the same for the full term , 2 -RRB- The policy is convertible to permanent insurance without evidence of insurability for an extended period of time , and 3 -RRB- The carrier is reputable and highly rated . In addition , some Term policies offer riders that might help you achieve your purposes . These include Child Rider , Accidental Death Rider , Waiver of Disability Rider , Disability Income Rider , and more .


Input: What To Look For In A Term Life Insurance Policy?

Output: Work with your Insurance Professional to identify your need and match the solution that best meets that need . Coverage and premium should be level for the period of time that you need it . The policy should also offer a guaranteed opportunity to convert all or a portion of the coverage into permanent coverage as the need may present itself .


Input: What To Look For In A Term Life Insurance Policy?

Output: First make sure that it is a level term policy and the term should be a 10 , 15 , 20 , 25 , or 30 yr level term , the 20yr usually being the optimal term for most . You must dertemine this by looking at your debt , mortgage balance , age of children , and income of the husband and spouse . Also , some term policies offer living benefits such as terminal illness , critical illness , and cronic illness as riders at a small cost . You must decide if the added cost gives you a comfort of additional coverage . Term life insurance is a simple way of protecting lives in the most economical way allowing additional money in the budget to pay down debt and build assets .


Input: What To Look For In A Term Life Insurance Policy?

Output: I suppose the best approach is what to avoid when buying a term life insurance policy . Personally , I would avoid a policy that is offered free of medical qualification if I knew that I was in satisfactory shape . I would be reluctant to buy a term life insurance policy that was offered through the mail or over the radio . In the end I would buy a term life insurance policy from an agent that I trusted .


Input: How Long Does It Take To Process A Renters Insurance Claim?

Output: The insurance company wants to settle the claim as quickly as you . The holdup is always determining the amount of loss . The claim is completed when you and the insurance company agree on that figure . Then the company can pay you what is owed . Of course , you understand that there is sometime difficulty in establishing those amounts .


Input: How Long Does It Take To Process A Renters Insurance Claim?

Output: Most insurance companies are able to open a claim very quickly and then promise to contact you usually within 24 hours of your reporting . If it is a fairly straight forward and less serious loss , the claims professional might be able to issue you at least a preliminary check on the spot . Naturally , more complicated and extensive claims may take longer to completely settle .


Input: Will My Homeowners Insurance Cover Asbestos Removal?

Output: Homeowners insurance protects the owner for damages that come from specified perils One peril is fire . If the home is damaged in a fire and asbestos removal is required to repair the home , it would be considered in the claim . There is an additional coverage available on a homeowners policy that provides additional money if repairs require adjustments to meet building codes . That coverage would be helpful under these circumstances . However , removal of asbestos for personal reasons would not be a covered peril .


Input: How Can I Sign Up For Medicare?

Output: You will automatically be enrolled as soon as you qualify due to age or disability . If you do not receive your Medicare card by your 65th birthday you need to contact Social Security or call 1-800-Medicare . Make sure you are enrolled in both part A and B unless you are still under a group plan . Also be sure to select your Prescription Drug Plan -LRB- part D -RRB- even if you do not have prescriptions .


Input: Can A Landlord Require Renters Insurance In New Hampshire?

Output: A Landlord can require Renters Insurance in any State as a condition of the Lease Agreement . Renters Insurance is an increasingly more valuable commodity for both home owners and renters in a very litigious society . Renters Insurance provides the Landlord peace of mind in the event a claim occurs as the result of the tenant 's negligence ; the home owner will not be negatively impacted by their insurance . Many Landlords require the Tenant to list the Landlord as an ` Additional Insured ' on the Renters Insurance Policy this will insure the Landlord receives a copy of all correspondence including cancellation notices and renewal notices . Renters Insurance provides coverage for the tenant 's Personal Property as well as offering Personal Liability coverage which is the specific section in the interest of the Landlord . Without this important coverage , legal actions are more damaging and cumbersome for all parties concerned . There are a few States that have required all tenants in the State to purchase Renters Insurance and the requirement is a compulsory section of the Standard Lease Agreement which is signed by both the Landlords and Tenants . States have taken this action due to an overwhelming load of small claims cases burdening the Court System . Renters Insurance is an inexpensive form of security which all responsible tenants should wish to have ; in many localities , a policy can be purchased for as little as $ 8.00 per month . For a Renters Insurance quote , there is an available link to obtain your quote and purchase the policy online : WEBSITELINK In order to produce the lowest rate , you will need to select the minimum amount of Personal Property Coverage available to cover all your possessions , select the minimum required Personal Liability Limit , and select the maximum available Deductible . The deductible does n't apply to the Personal Liability section , so if this is the only reason that you are buying the policy , the maximum deductible should be purchased to obtain the lowest premium .


Input: Can I Get Life Insurance If I Have Epilepsy?

Output: Yes , you can get life insurance if you have epilepsy . The type of policy you can get and the premiums will depend on how well controlled your epilepsy is . If you have had no seizures in the past couple of years , you can work full time , and your medication has been effective and stable for some time , you can most likely get a medically underwritten policy of any amount that you wish . If you have had recent seizures , especially if Grand Mal seizures , and epilepsy auses you to be on Disability , there are No Exam policies that you can get in most states in the US . They may or may not be graded and there will be a cap on the amount of coverage . But it is still possible to find affordable life insurance while having any type of epilepsy , for most people .


Input: Can I Get Car Insurance With An Out Of state License?

Output: Yes , you probably can , but it would be a good idea to talk to your Insurance Professional about the laws in your new home state . Many states and insurance companies will allow you to obtain car insurance with an out of state license . It will more than likely be required by your new state 's DMV in order to register your cars . However , there will more than likly be a time limit during which time you should obtain a new license in the state you are nor residing .


Input: How To Get Cheap Health Insurance?

Output: If you want the least exposure at the lowest premium then I recommend looking at an HSA qualified plan . The deductible is higher but if you are healthy you will save more on premium than the one or two doctor visits per year . An HSA qualified health plan will provide the most protection if you do have to go to the hospital or your health turns bad , at the lowest premium . A good independent agent dealing with health insurance can help you find a plan that fits your budget .


Input: Which Medigap Policy Is Best?

Output: 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 . For the overall populace , the most comprehensive -LRB- and most popular -RRB- Medigap plan is plan F as it covers all Medigap benefits at 100 % . 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- . 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 . 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: Does Medicare Pay For Portable Nebulizers?

Output: Yes , Medicare will pay for portable nebulizers as long as they are ordered as medically necessary by your doctor for conditions such as COPD , HIV , CF , pneumocystosis , tracehostomy and some others . The expense is covered by Part B and you may have to choose whether to rent or purchase your nebulizer .


Input: Does Life Insurance Payout For Drug Overdose?

Output: If the drug overdose was due to suicidal intentions within the first two years of the life insurance policy , the policy would not pay out . After two years , it would most likely pay the death benefit even if the reason for the drug overdose was to commit suicide . An exception would be if the insured person had a drug problem that was not admitted where requested on the life insurance application , and if death occurred within two years of the policy going into effect . Again , after two years , the policy would most likely pay even if the drug use/abuse was not admitted on the application .


Input: Does My Renters Insurance Cover My Roommate?

Output: No . If you read your policy , you will see in the Definitions Section , the definition of Insured . It would look similar to this `` Insured '' means you and residents of your household who are : a. Your relatives ; or b . Other persons under the age of 21 and in the care of any person named above . If your roommate is not a relative , he is not insured and would receive no benefit from the policy in the event of fire or liability claim . If you were apply for the insurance in your name and your roommates name , and the company issued a policy , then your roommate and you would be covered . I hope I 've answered your question . If not , feel free to call , fax or email me . Kevin P. Foley , CPA , CPCU PFT&K Insurance Brokers T 877-414-2031 F 877-405-3025 E kpfoley -LSB- at -RSB- kpfoley -LSB- dot -RSB- com W www -LSB- dot -RSB- kpfoley -LSB- dot -RSB- com


Input: Will Medicare Premiums Rise In 2014?

Output: I 'm not sure if you 're referring to Part B , Medicare Supplements , Medicare Advantage Plans or Part D drug coverage . In any scenario , it 's a little early to tell , as the plans for 2014 have not been released yet . But this is exactly why we have open enrollment ... to see thecost & coveragefor the upcoming year and make coverage changes if desired . So your definitive answer will come starting October 15th .


Input: Is Part A Medicare Free?

Output: No , Medicare Part A was paid for through your FICA tax when you were employed , so when you retire you have no premium taken out of your Social Security for Part A . If you did not work the required amount of hours then you can buy into the Medicare system by paying a premium .


Input: How Does Life Insurance Pay For Funeral Expenses?

Output: Life insurance pays the face amount to the beneficiary who can then use the money to pay for the funeral expenses . You can also sign over the policy to the funeral home and the company would pay the funeral home directly . How you choose to set it up depends on the circumstances and size of he policy . If you or your loved one is in poor health and may be going into a nursing home a good agent familiar with Medicaid laws can help you make the right choice and provide options that will protect you from Medicaid spend down . A younger person with a large face amount would want to make his spouse or trust the beneficiary . Again , a good agent can help set this up for you .


Input: How Does Life Insurance Pay For Funeral Expenses?

Output: Life insurance pays the benefit at death and is paid tax-free . That makes it the perfect emergency fund to cover funeral expenses . Some policies are actually designed to pay funeral expenses with . Thy pay the death claim within 24-hours of death and do not require a death certificate to settle the death claim . They will work with your funeral director to verify the death . ForeThought Life Insurance Company would be . Popular choice for this type of policy .


Input: Is Spouse Covered Under Medicare?

Output: Your spouse is covered by Medicare at age 65 , either through his or her own eligibility , or -LRB- if he or she is not eligible due to their own work history -RRB- through the work history of their spouse -LRB- you -RRB- . If your spouse has not paid Medicare taxes through their own employment for at least 10 years , they can go on their spouse 's plan , but not until they turn age 65 .


Input: Should I Choose Medigap Or Medicare Advantage?

Output: It depends on your needs , budget , and preferences . I would recommend consulting with an independent Medigap broker who can work with you on a personal level and help you evaluate your options . If you want to create a predictable healthcare expense structure where you do n't have to worry about receiving massive medical bills , you may want to consider buying a Medigap plan -LRB- most likely a Medigap Plan F or Plan G -RRB- . The premiums for Medigap plans are typically a little higher than a Medicare Advantage plan , but they feature much broader coverage . Medigap plans are guaranteed renewable and are standardized -LRB- meaning a given Medigap plan features the same benefits regardless of the carrier you have it through - a plan F from company ABC is the same plan F from company XYZ -RRB- . They also have no networks , meaning you can go to any doctor you want that accepts Medicare -LRB- the vast majority do these days and you can check to see if a doctor in your area does using a physician finder tool on Medicare 's website , Medicare.gov -RRB- . As far as services go , if your doctor accepts Medicare , then they have to accept your Medigap plan as well . 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 Does Renters Insurance Work?

Output: Renters insurance funtions in many ways much the same as homeowners insurance . This type of policy will provide the insured with liability coverage and personal property coverage . Contact a local agent to discuss your concerns about coverage and they should be able to describe the coverage in detail to help you understand the coverage .


Input: Who Is Covered Under Disability Insurance?

Output: First off , most Americans have Social Security disability benefits . Many American workers have employer group plans that offer at least short term disability coverage . Some business owners and their executive management teams have individual disability insurance . Each one of these examples has varying degrees of protection . Few Americans have individual disability insurance .


Input: How Do I Calculate Retirement Savings?

Output: If you are asking how do youcalculate how much do you need to save for retirement there is a process to follow . First you need to determine what retirement success looks like to you . Your retirement planner may be trained to help you if not a lifestyle planner could . The next step to figure out what that lifestyle wouldcostand make a retirementbudget . Now you can do somemeaningfulcalculations . Total up what income you expect from any government plans , pensionplans , etc. . Compare this amount to your retirement lifestyle budget . The difference is what needs to be funded byadditionalsavings . There are calculators on the websites of financialinstitutionsto give you an idea . 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: Does Kaiser Accept Medicare Patients?

Output: Yes , Kaiser does Accept Medicare Patients . I would recommend contacting a broker to talk about your options with Kaiser . Be sure to understand and review all the benefits you have . I continue to hear about people who get upset when it comes time to pay for services . There is a lot of confusion .


Input: Does Kaiser Accept Medicare Patients?

Output: Everyone who is 65 or older must sign up with Medicare . Medicare is the primary coverage for everyone over age 65 . Every other plan integrates its benefits to Medicare . When it comes time to pay for services Medicare pays first and then passes the bill to a supplemental insurance company or in this case HMO . From the patients viewpoint this is a seamless operation .


Input: Will Homeowners Insurance Cover Termite Damage?

Output: As a rule the answer would be no . Termites are not considered a covered peril by most companies . Homeowners is not designed to cover general maintenance . Termites fall under that category . If a structure collapses then damage to the personal property may be covered and possibly the structure .


Input: How To Set Up A Life Insurance Trust For A Child?

Output: How to set up an insurance trust for a child ? I would advise that you see an attorney to set up a trust as insurance companies are not in the business of establishing trusts for policy holders . It is out of their legal bounds . They do however , honor a correctly established trust created for kids . I do n't know enough about how good trust software is on this subject to suggest it , but a person may want to look into it .


Input: How To Set Up A Life Insurance Trust For A Child?

Output: Since attorneys set up trusts , you need to find a good one . Make sure he or she specializes in estate planning . Not every attorney is an expert in every field of law :-RRB- You can always use an on-line service to get a document , but I like to run the do-it-yourself tools past a professional anyway . There is a lot at stake . What you are doing is a great idea . A trust will allow you to control access to the life insurance benefit . Important note : the policy inside the trust must be audited regularly to make sure it remains in compliance with the terms of the trust . If the policy fails to meet expectations , the trustee could be liable . And , of course , you will want to get prequalified for coverage so you can be sure the policy you buy is the right one .


Input: What Is Voluntary Deductible In Car Insurance?

Output: It appears to be a policy provision found in auto and property insurance policies issued in India . The provision allows the insured to set the amount of a loss that they will bear themselves -LRB- deductible -RRB- at the time of claim . This then sets a percentage that affects the premium for the coverage . The higher the percentage bore by the insured , the lower the premium .


Input: How Can Life Insurance Be An Investment?

Output: If by `` investment '' , you mean something that may gain or lose value , then the only type of life insurance that I would consider an investment is Variable Universal Life -LRB- VUL -RRB- . The interest credited to a VUL policy is based on stocks & bonds and may be positive or negative for the year . There are other types of life insurance that can accumulate cash called whole life and universal life policies . I consider these savings vehicles rather than investment vehicles because they do not lose money due to a decrease in the stock market or index . Whole Life insurance accumulates cash by dividends that are declared by the life insurance company . Universal life , other than VUL , comes in a fixed and an indexed universal life option . The Fixed UL earns interest based on a rate declared by the insurance company . The Indexed option -LRB- IUL -RRB- earns interest based on the performance of an index such as the S & P. With an IUL , there is usually a floor of 0 - 2 % that protects the cash value if the index is negative . The nice thing about an IUL is that you participate in the upside of the market without the downside risk . These are complex products and it is important to speak with a knowledgeable advisor who can educate you on the fees and other particulars .


Input: How Can Life Insurance Be An Investment?

Output: An investment needs time to appreciate . Life insurance guarantees values while you wait for other investments to grow . Most investments have upside and downside risks . Life insurance is guaranteed . The stated values will be there when you need them . Investments are a part of the estate of a deceased . Life insurance passes outside probate and goes directly to the person you want to have the money .


Input: How Can Life Insurance Be An Investment?

Output: That is a great question ! I think that there is a lot of confusion about investments and life insurance . Life insurance is a very important part of a healthy financial plan , but should not be considered as an investment in a technical sense . Let me explain it like this : A healthy financial plan is composed of two basic parts - income builders , and protections . Your income builders are hopefully your stocks , 401k 's , annuities , bonds , etc. . The protectors are your insurances , and emergency savings account . You will not derive any income in most cases from any insurance policy -LRB- There are policies that are hyped as revenue building , but carefully read the fine print , and you will see that often the gains are built on optimistic returns , and large investments on your part , and have a substantial risk attached -RRB- as you will no longer be around to receive it . It will provide that income to whomever you chose as your beneficiary . So the only fair way to describe life insurance as an investment is to say that it is an investment in your loved ones ' financial safety , and in your peace of mind knowing that you 've protected them from harm , even after you 've passed . I hope that helps , thanks for asking !


Input: Can A Quadriplegic Buy Life Insurance?

Output: This is certainly not my specialty but I am relatively confident that a quadriplegic would be able to find life insurance . There are agencies that specialize in unusual risks and you would be well served to locate one . Peggy Mace is one of the contributors and that is her specialty , I believe .


Input: Can A Quadriplegic Buy Life Insurance?

Output: Great question ! It will be very difficult to find life insurance , but not impossible . Your policy will will have restrictions on how much is paid out in the first few years , and will be a more expensive policy than someone in good health . That said , look for some companies that have Guaranteed issue policies , you will want to shop , as some will be more expensive than others . Kemper , Mutual of Omaha , United Home Life are a few of the companies that carry that kind of policy . If you would like more information , please feel free to contact me . Thanks for asking !


Input: Can A Quadriplegic Buy Life Insurance?

Output: When ambulation and ADL 's are concerned , there are two ways the life insurance companies determine eligibility . One is whether the person can walk and take care of himself without assistance , including a wheelchair . The other is whether the person can walk and take care of himself without assistance of another person . To my knowledge , persons with quadriplegia nearly always rely on another person for at least some of their daily routines . So they would be restricted to guaranteed life insurance , which has a minimum age requirement of 40 + . However , it is good to know the criteria , as some disabled persons can get more coverage , and at a younger age , than guaranteed issue policies offer .


Input: Can A Quadriplegic Buy Life Insurance?

Output: Yes , A Quadriplegic Can Buy Life Insurance ! I would need to know the age however there are guaranteed issue type policies which anyone can get the insurance . You are limited to how much but you can get some , usuallyup to $ 35k . Gerber is such a company if you are over 55 years of age . Other companies may be able to provide coverage however I would also need more information such as the cause of , medications , any other complications .


Input: Can I Deduct Disability Insurance Premiums From My Taxes?

Output: In most cases , you can not deduct Disability Insurance premiums from your taxes . However , if there is a need to use your Disability Insurance policy to pay an income to you during a period of disability , the benefit you receive will not be taxable as you paid taxes on the money going into the policy . Consult a tax attorney for specific situations .


Input: Does Car Insurance Cover Locking Your Keys In Your Car?

Output: There could be coverage for locking keys in your car if you carry roadside assistance or towing on your auto policy . Otherwise locking keys in the car is not a peril of an auto policy . Check with your local agent to see if you carry roadside coverage on your auto policy . Also if you do not have the coverage a good local agent may find you a reputable company who can come out and unlock your car at a reasonable rate .


Input: Which Is True Regarding Variable Annuities?

Output: A variable annuity is a contract issued by a life insurance company . It has the standard features of other annuities but the cash value is directed by you the policy owner . You select which funds will accumulate money . Depending upon the variable annuity and the options included you might be able to continue to direct the investments through the phase where the company is paying you a lifetime income . In that case your income during annuitization can rise and fall with the underlying values of the securities you selected .


Input: What Is Short Term Life Insurance?

Output: Term life insurance is available in a wide range of coverage periods . The more popular are 10 , 15 , 20 and 30 year term periods often featuring guaranteed level premiums during the full period and conversion provisions -LRB- to permanent coverage -RRB- . You can find a few competitive one year term policies where the premium escalates annually . The guarantees are limited and the cost averages out over 10 years to be similar to 10 year level term .


Input: What Is Short Term Life Insurance?

Output: Short term life insurance is generally thought of as term life insurance that comes in terms of 1 , 5 or 10 years . One year Term , or Annually Renewable Term , can be helpful for someone in between jobs or some other need for very short term coverage . However , one year Term will go up in price each year , and sometimes you need to re-qualify every year . So locking in a longer term is much easier and more cost effective if you need more than a couple years of coverage . Five year Term is hard to find , and thus the prices are not as competitive as one would think . I have found that ten year Term rates often run as low or lower than five year Term . Since there is no penalty to drop Term life insurance , you may as well take the longer term and then just drop it if you do n't need it the whole ten years . Ten year Term policies are common and competitively priced . Again , if you need longer coverage , it can cost less to lock the rate in longer while you are younger and your health is good . But if you are going for short term coverage , 10 or 15 year Term can be a good way to go .


Input: What Happens When Your 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 . Please feel free to contact me for help . Thanks very much .


Input: What Happens When Your Term Life Insurance Expires?

Output: OK . So you bought that term insurance to save money . It was certainly cheaper to start than that whole life you were offered . But now the term has expired . Most companies will allow you to keep your term policy past the expressly stated number of years , but no longer with that fixed premium . The premium will escalate and escalate quickly , kind of like sky rocketing . What to do ? Well you could try to get yet another term policy , for another ten or twenty or so years . But if you are no long longer insurable , you are out of luck . That is why whole life would have been a better choice in the long run . Or , if you are lucky , and are still insurable , you can go for either another term policy , or jump to a whole life policy . Remember , premiums on term , even in good health , will only get higher each time you get another policy . If you can , you may want now to jump to that whole life policy you could have gotten for a lot less years earlier . Thank you . GARY LANE .


Input: What Happens When Your Term Life Insurance Expires?

Output: When your term life insurance policy expires , either it just ends , or it can be continued with extremely high rates , and the rates can then go up every year . In essence , the only way most people would keep the policy going at the new annually renewable rates would be if they are seriously ill and can not get another policy that would pay an immediate death benefit . That 's why it is best to have a fund for permanent needs on the side , if you take out a Term policy . Term life insurance is meant for temporary needs , because you never know if you can qualify for a new policy when the term ends .


Input: Is High Cholesterol Considered Heart Trouble When Completing A Life Insurance Application?

Output: On that family history question , when they ask if there was heart trouble prior to age 60 , they are asking about more serious issues such as coronary bypass , stent -LRB- s -RRB- , defibrillator , pacemaker , etc. . Having a parent or close relative who is taking blood pressure medication or cholesterol medication prior to age 60 should not affect you preferred eligibility .


Input: Is High Cholesterol Considered Heart Trouble When Completing A Life Insurance Application?

Output: For purposes of your life insurance application 's question about family history of heart disease , high cholesterol is not considered . While high cholesterol could lead to heart disease , many people are treated for it but never develop any cardiac problems . I commend you for being so conscious of giving truthful and complete answers to the questions on the application .


Input: Is High Cholesterol Considered Heart Trouble When Completing A Life Insurance Application?

Output: That is a great question ! I 'm glad that you asked it , because I believe that you are representative of a lot of people that fear health issues will keep them from getting life insurance , like pre-existing conditions did with health insurance . Many people are n't aware that the Affordable Care Act -LRB- Obamacare -RRB- removed that obstacle , so the perception that having a health issue gets in the way of getting , or affording insurance . Life insurance qualifications take a close look at your health issues , but are n't as strict as you might think . Most insurers will look at your high blood pressure , cholesterol levels , or diabetes , and if they are being controlled by medications , will not count that against you . It 's when these issues are n't being managed that you will have trouble getting or affording the coverage . Many companies will also have a `` look back '' period , where it is only within that period -LRB- usually 2-5 years -RRB- that major health issues are considered . So if you 'd had say , a stroke , but it was 10 years ago , and you 've been on medications and have had great health since , a good independent agent can help you find a policy that wo n't count that stroke against you . I am pleased that you were so careful with being truthful with your answers , that says a lot about your character and honesty . You rock !! I hope that helps you feel better about the question - they are looking for big things , not the little ones , but if you are still worried , just ask your agent , or drop me a line , and if I can help I will . Thanks for asking !


Input: Is High Cholesterol Considered Heart Trouble When Completing A Life Insurance Application?

Output: The quick answer to your question is you are correct , high cholesterol among family members is not used against you when underwriting life insurance . The questions asked about family history are to give the underwriter an idea about your family genetics . Since DNA testing is currently not allowed in life underwriting , questions about family history attempt to take the place of genetic testing when assessing possible health risks .


Input: Is High Cholesterol Considered Heart Trouble When Completing A Life Insurance Application?

Output: High Cholesterol is a risk factor , but not heart disease or `` heart trouble '' . Regarding your specific question relating to family health history primarily they are looking for genetic pre-disposition for certain conditions that you may be likely to develop . For example if both your parents were diabetic it increases the likelihood of you developing diabetes . But high cholesterol is more diet related and not so much genetic related .


Input: Is High Cholesterol Considered Heart Trouble When Completing A Life Insurance Application?

Output: The main rule of thumb when answering any questions on a life insurance application is to be 100 % truthful . After all we do live in the information age and most of the time the underwriter is checking your answers against data bases . Having said that , you don not have the need to over answer the questions either . The family history questions are very specific to the conditions underwriting would like to know . Therefore , if the question is concerning heart trouble and not specifically cholesterol you are being 100 % truthful . However , just from my experience when high cholesterol does run in the genes , you may test high during your paramed exam blood work . Most carriers will rate you higher if your cholesterol ratio is a bit out of balance or your LDL readings are over 250 . If the high cholesterol is not genetic , then your family history should not be a factor in raising your premiums . Good luck !


Input: Is High Cholesterol Considered Heart Trouble When Completing A Life Insurance Application?

Output: Family history of high cholesterol is not the same as heart trouble for purposes of your life insurance application . Your cholesterol history is relevant though and will be picked up on screening blood tests , if the policy you are applying for requires it . You do n't mention the details of what life insurance product you are considering . There are so many options available that it is very confusing for consumers shopping on their own . If you are not already , please seek advice from one or more local agents to your location . It cost you nothing to seek the advice of an insurance professional and it gives you added confidence in your insurance purchases .


Input: Is High Cholesterol Considered Heart Trouble When Completing A Life Insurance Application?

Output: No . Cholesterol is not consider heart disease when applying for life insurance coverage . This measurement is considered however , when applying for coverage . A high number may increase the cost of coverage while someone that is taking medication to control this issue may find that a lower cost . As in other cases , you are best to consider speaking to an independent agent that can advise the best course of action .


Input: Is High Cholesterol Considered Heart Trouble When Completing A Life Insurance Application?

Output: No , cholesterol is not considered as heart disease on your life insurance application . In fact some insurance companies have lossened up a bit and are allowing preferred rates with cholestrol above 300 as long as the total cholestrol ratio is -LRB- total/HDL -RRB- 4.5 . If you control your cholesterol you can Be approved for the best rate classes .