Input: What Is The Right Age To Buy Long Term Care Insurance?

Output: There is no `` right age '' to buy long-term care insurance . That is factual . However , there are specific times when it may make a financially sound decision to consider purchasing a policy . For example , in your younger ages , the rates , as you may expect , is lower . Depending on your personal financial situation , this may be an ideal time to buy a policy . Each contract is different with many optional provisions . A full-time adviser is your best resource for information to this question . They not only are your primary source of information , they can shop the top carriers and plans so you get the best pricing . The number of companies that offer plans has reduced , so using a broker is more critical than ever .


Input: What Does Car Insurance Group 16 Mean?

Output: Group 16 is a classification of vehicles -LRB- mostly used in Europe -RRB- that are used to distinguish risk from other groups . For example , a Fiat 500 C and a Ford Fiesta are typically found in that group . If you live here in the US and will not be visiting Europe , it will not impact you .


Input: Why Buy Variable Life Insurance?

Output: That is a great question ! Of the three types of life insurance , term , whole life , and universal -LRB- or variable -RRB- variable is the most complicated . The things that make it different also make it riskier . This is not the policy for you , if you do not like risk , or do not want to have to keep track of its performance . This policy is called `` variable '' because your payments can vary . This can be a problem , if you send in a steady payment amount , and the policy expenses are more than the payment you are sending . Your policy will eventually eat itself alive , and collapse . If you are someone who likes risk , and will pay close attention to your policy 's performance , the policy can be a valuable part of your financial plan . This type of policy can -LRB- I repeat Can -RRB- generate large cash values , if the needed variables all fall into place . Talk to your agent or advisor , and see if this policy is what works best for you . Thanks for asking !


Input: Is Gerber Whole Life Insurance For Adults?

Output: Gerber has Whole Life insurance policies for babies to senior ciitizens . Most are under $ 100,000 . Some -LRB- for persons over age 50 -RRB- are guaranteed issued policies . You can get a quote directly from the Gerber website or contact an agency like ours for a quote for guaranteed issue life insurance .


Input: Is Gerber Whole Life Insurance For Adults?

Output: Gerber life products are available for adults in small death benefit amounts intended as final expense policies -LRB- i.e. policies that pay for your funeral needs -RRB- . Their Grow Up and College plans are only available on juvenile -LRB- i.e. under 18 -RRB- applicants . To find out more you should seek out the advice of a licensed agent .


Input: Is Januvia Covered By Medicare?

Output: Prescription formulary is differentcarrierby carrier AND plan by plan and your location . So the answer to your question depends on your plan Best way to help you via text is to direct you to the medicare site WEBSITELINK Or call into the carrier you have and ask themspecificallyregarding the plan you bought from the , I am sorry I could not answer yes or no .


Input: Is Januvia Covered By Medicare?

Output: Januvia is used to treat symptoms of diabetes . While it is possible Januvia would be used for someone in hospice , you do n't have to be terminal to have Januvia as a prescribed form of treatment . Check your Medicare Part D drug formulary to determine if Januvia is on the list and if so , what your copay would be .


Input: What Are Longevity Annuities?

Output: Assuming you mean any annuity that has the policy provision to annuitize for life no matter how long you live . Lifetime income that you cant outlive is a powerful financial tool that can be the foundation of a secure retirement . If you annuitize a non-qualified annuity for life time benefits , the basis is amortized to your life expectancy as a portion of your payment from the start of distribution called the exclusion ratio .


Input: How To File A Health Insurance Claim?

Output: There are two ways to file a health insurance claim . The easiest would be to have your doctor or service providors employees file the claim directly through their office so that you do n't have to deal with it . If that 's not an option , health claim forms can always be printed off of your carriers website and completed to be submitted .


Input: How Much Is Life Insurance For A 40 Year Old?

Output: The price of life insurance for a 40 year old depends on the health , tobacco use , weight , and gender of the applicant , in addition to how much life insurance is purchased and what type of policy is bought . Short term policies cost much less than permanent policies . Policies for smokers usually cost at least double the rate of policies for nonsmokers . Coverage for those with serious health conditions can cost 10 times or more of the premium for a 40 year old with perfect health . To get an estimate of a life insurance quote for a 40 year old with your characteristics , you can run a quote on an website advertising `` instant life insurance quotes '' . You can input different amounts and different types of policies to see how rates differ for different scenarios .


Input: Do I Need Medicare If I Have Health Insurance?

Output: If you have current health insurance provided by your employer , and it is a comprehensive plan covering office visits , prescriptions and major medical , you should continue on that plan , assuming that rates are low or the employer is paying the premium . If you are age 65 or older , and are covered under a group plan at work , you will still be eligible for an Open Enrollment for a Medicare Supplement plan when you lose your existing coverage . It will be best to utilize an experienced broker and/or a reputable national website when you are in that situation . There will be many plan options available .


Input: Can My Auto Insurance Deny A Claim?

Output: In a heart beat . Just give them the opportunity . Actually , your auto policy is a extremely broad insurance policy and there truly are very few claims denied due to most claims are covered risk of loses . But if you are one of the weak bad boy characters and cause the loss directly or running form the in and out with a gun and wade of gum with a cartoon of cigs then you , my friend , are up the proverbial creek and NO ONE IS GOING TO GIVE YOU A HAND.Any vehicle used in a felony is just flat out of luck -LRB- that includes running moonshine irregardless of what the tv show implies -RRB- .


Input: Can My Auto Insurance Deny A Claim?

Output: The claim can be denied for fraud . Some companies refer suspected fraud to prosecutors . The claim can be denied if there wasnt any coverage . It can be denied if the policy was cancelled . It can be denied if the report was made too late . The denial of a claim is a very serious matter and companies are generally reluctant to deny a claim . If you had a claim denied you can seek recourse through the courts .


Input: Can My Auto Insurance Deny A Claim?

Output: Any insurer can deny a claim . For auto insurance and other forms of property/casualty insurance , the majority of the real underwriting takes place after a claim is filed . The insurer will send an adjuster to assess the situation and check facts that were given to the insurer . If the insurer discovers a circumstance that was misrepresented and would have prevented them from offering you a policy , or if they discover that the reason for your claim is not covered by the policy , the insurer will deny the claim .


Input: Who Sells The Most Annuities?

Output: According to LIMRA , in 2012 the top issuing carrier of annuities , which is measured by the largest amount of incoming money into its annuity products , was Jackson National Life . Number 2 was Prudential and number 3 was Met Life .


Input: How Are Annuity Gains Taxed?

Output: If you purchase a deferred annuity with pre-tax money , the entire balance , including the gains will be taxable . As long as the money stays inside the annuity , the taxation is deferred . A deferred annuity has an accumulation phase and a distribution phase . During accumulation , the annuity grows untaxed . When the annuity is paid out during the distribution phase , the payouts are taxed at ordinary income tax rates for you during that year . If you buy a deferred annuity with after tax dollars then a portion of the payouts will be a tax free return of your principal . It is considered `` last in , first out '' meaning that withdrawals are taxed until the interest and earnings portion is depleted . After that , your principal can be withdrawn without taxes .


Input: How Are Annuity Gains Taxed?

Output: How are annuity gains taxed ? Well , depending on how you funded the annuity and how you choose to distribute from the annuity the answer and be part of the distribution to all of the distribution . If you use qualified money to fund your annuity , you 've skipped paying taxes on those funds . This means when you have the funds distributed the entire amount is taxable . If you paid taxes on the money used to fund the annuity , you only pay taxes on the gains liquidated . The distribution is basically split in half for tax purposes . One thing as you consider distribution from your annuity . . only the money actually taken out is taxed , so taking funds out on a regular basis means you only pay taxes on what comes out of the policy .


Input: How Are Annuity Gains Taxed?

Output: Gain on an annuity is taxed as ordinary income . This is the situation with a non-qualified annuity . Gain is computed by the insurance company and is reported to both you and the IRS . If the annuity is held in a qualified plan , taxation will be in accordance with taxation for that plan .


Input: How Are Annuity Gains Taxed?

Output: That is a great question ! The answer depends upon how your annuity is structured , but the short answer is that a good portion of it is taxable . If your annuity is rolled into a retirement plan that was a pre-tax deduction , then whatever you draw from it is taxable . If it is one that you purchased for yourself and paid for post-tax , then the amount that the annuity earned in interest is taxable . Your annuity may pay out all the interest first , -LRB- which is taxed at whatever tax rate you are in at the time -RRB- until you hit the non-taxable amount you 'd invested into it , or it may pay a portion of both , and tax you upon the interest portion of that payout . I hope that helps , thanks for asking !


Input: Can I Sue My Auto Insurance Company?

Output: I am not an attorney , so this should NOT be construed as legal advice , however , my belief is that it would depend on why you are considering suing them . There is normally a requirement in a policy that claims issues be resolved through an arbitration process between you and your insurance company . However , if you have been wronged in some other way , it is certainly possible . It is normally much less expensive to start with your state department of insurance . They are a consumer advocate and should help you make sure your rights are protected .


Input: Is It Worth Buying Long Term Care Insurance?

Output: Like any insurance . If you need it , it 's worth the price and then some . If you do n't then most feel that it is not . The thing with long term care insurance is that the older you get the more likely you are to need the coverage . Much life life insurance though this type of coverage typically goes up in cost with each birthday that you pass .


Input: Are Trampolines Covered By Renters Insurance?

Output: Many carriers will not provide renters/homeowners insurance coverage if the insured has a trampoline on the property that is covered . Remember every policy is different . Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you .


Input: Does Life Insurance Work After You Die?

Output: Actually life insurance was designed to work after your death . There are several types of life insurance policies with lots of riders that pay for lots of afflictions and uses . The one thing that all types of life insurance policies have in common is that they all pay a death benefit to your named beneficiary . So to answer your question , yes life insurance begins to work upon your death by paying the proceeds to your beneficiary tax free .


Input: Does Life Insurance Work After You Die?

Output: Once the death benefit is paid for a life insurance policy , the policy is no longer in effect , and no longer `` works '' . The death benefit is paid when the insured person dies . That is the main purpose of life insurance , to pay a death benefit when the insured person dies .


Input: Does Life Insurance Work After You Die?

Output: Does Life Insrance work after you die ? Many would say that 's the only time it does work . Life insurance is all about death benefit . You pay the premiums while you are living . You name a beneficiary . Also a backup beneficiary in case your main beneficiary dies before you do . Upon your death ... your beneficiary gets paid . It 's a beautiful thing .


Input: How Do I Join Medicare Part D?

Output: If you are eligible for Medicare and covered by Medicare Part A or Part B , you are also eligible to purchase a Medicare Part D prescription drug plan . Drug plans are offered and administered by private insurance carriers . The plans must be approved by CMS . Plans vary by zip code .


Input: How Do I Join Medicare Part D?

Output: You can get Medicare Part D prescription drug coverage when you have Medicare Part A and/or Part B . You can purchase the plan through a broker licensed to sell Part D plans or sign up directly through the Medicare.gov website . If you do not enroll in a Part D plan when you 're first eligible , you would have to wait until the annual enrollment period -LRB- Oct 15-Dec 7 of each year -RRB- to get a plan - the effective date for the coverage would be January 1 of the following year . Another way to get a Part D plan outside of the AEP is qualifying for a special enrollment period -LRB- e.g. coming off of group coverage -RRB- . For a full list of qualifying events and other Part D input , consult with an experienced broker -LRB- licensed for Part D coverage -RRB- or go to the Medicare.gov website . Please let me know if I can be of further assistance . Thanks very much .


Input: How Is Banner Life Insurance?

Output: Banner Life Insurance Company is a very strong company and one of many I do represent and sell . They are part of the William Penn Co. of NY and resideout of Maryland.Banneris an A + rated company by A.M. Best , and AA - -LRB- very strong -RRB- with Standard & Poor 's . They approach $ 6 billion in assets and are approaching $ 600 billionof in force life insurance . I am very comfortable with the carrier and their customer service .


Input: How Is Banner Life Insurance?

Output: I find Banner Life Insurance to be very competitively priced , able to take on many types of health , offering a nice array of products , and fine to work with . Their company is highly rated and is one of the arrows I keep in my quiver when shopping for people looking for affordable and secure life insurance .


Input: Why Is Long Term Care Insurance So Expensive In California?

Output: Long Term Care Insurance rates are based on a variety of factors including your age , where you live and your health . In many areas of the country -LRB- California for example -RRB- , the cost of facilities and other benefits is higher than many -LRB- not all -RRB- other parts of the US . That , of course will impact the rate . An experienced FULL-TIME broker is a great resource for additional information . You can compare plans and apply for affordable coverage .


Input: Why Is Long Term Care Insurance So Expensive In California?

Output: Why is long term care so expensive in California ? Well , probably the main reason is the cost of care in California is also on the higher end . Insurance premium costs use the cost of care , -LRB- or repair or services , with other insurances -RRB- to generate a premium . I would imagine if you looked you might find the cost of care in the state of California is up there .


Input: My father had an accidental death policy but he committed suicide. Can I still file this claim?

Output: Most accidental death policies have an exclusion for suicide , which means it will not pay the benefit for death caused by suicide . If you can find a copy of your father 's policy , there will be a section listing exclusions . If you can not find a copy , you could call the company he got it through and ask them to look up the exclusions for you . This must be a horrific time for you , so feel free to contact me directly if you 'd like me to assist you .


Input: My father had an accidental death policy but he committed suicide. Can I still file this claim?

Output: First off , I am very sorry for the loss of your father , my condolences . Unfortunately , an accidental death policy will only pay the claim as an accidental death and will not cover a suicide . The only hope I can offer is if the death is questionable and may have been accidental , but if the ruling is for sure suicide , I am very sorry to say the claim will be denied .


Input: My father had an accidental death policy but he committed suicide. Can I still file this claim?

Output: Accidental death insurance policies are generally pretty specific . In other words accidental death policies do not cover `` natural causes '' or death caused by illness , heart attack , stroke and the like . In fact there 's usually a time limit within which a person must die as a result of an accident in order to be covered by the policy . So if a person is critically injured in an accident , but lives beyond the time limit then dies as a result of the injuries , the policy will not cover the death .


Input: Can You Buy Auto Insurance At The Dealership?

Output: Great question ! Many years ago I purchased a policy at a dealership in Maryland so that I could drive the car I 'd just bought home . Some dealerships will have an agent that works there , -LRB- usually in the financing department -RRB- but often it is cheaper for you to call your agent , and have the new car added to your policy and emailed or faxed to the dealership while you wait . It can save you a few bucks , and a lot over the long run - like a gas station near the rental car return , they know if you need it , they can charge more , you will spend it . Thanks for asking !


Input: Does Allstate Homeowners Insurance Cover Pitbulls?

Output: I would suggest speaking with your Allstate agent directly for a more detailed answer . However , Pit Bulls/Staffordshire Terriers are on the excluded dog list for all of my home insurance carriers . This excluded dog list generally includes breeds such as Pit Bulls & Staffordshire Terriers , Doberman Pinschers , Rottweilers , German Shepherds , Chows , Great Danes , Presa Canarios , Akitas , Alaskan Malamutes , Siberian Huskies and Wolf-hybrids


Input: How Much Renters Insurance Should You Get?

Output: There is a simple way to determine how much coverage to purchase on a renters policy . Get a camera and take a picture of every room to include closets and dressers . Dispassionately list the things that you see in the photos that are your property . Alongside the list enter the cost to buy a replacement item . This should actually become two lists because you can list the value of the used item or the cost of a new replacement item . Total the lists and decide if you want replacement cost coverage or just want to have the used stuff replaced with other used stuff . The number that you select then becomes the amount of personal property insurance that you should purchase . However , the really important figure is often neglected and that is the amount of liability insurance do you require . My rule of thumb is get as much as the company will write . A lawsuit can ruin you day and your future . Someone could slip inside your apartment and have major problems and you need coverage because you might be responsible .


Input: How Much Renters Insurance Should You Get?

Output: That is a question I hear everyday and thankfully the answer is usually the same : The amount you need to cover the contents you own in your rental unit . Whether you are renting a small one bedroom apartment or a full house you need to take an accurate inventory of your belongings to make sure that you have the right amount of coverage to replace EVERYTHING that you own . In the past I have heard people using a rule of thumb at $ 10,000 per room rented . That includes the kitchen and bathrooms . The amount can increase if you have high end furniture or an expensive wardrobe . If you have collectibles , jewelry or other valuable items you might want to look at getting an inland marine policy to cover those items separately .


Input: How Much Renters Insurance Should You Get?

Output: Rich gives you a great answer , let me just add a few comments . While many folks renting are aware of the value of your contents remember that you want to be sure to specify to your agent that you want replacement cost coverage . Getting a settlement of $ 10 for that 200 lb TV is not what you want . You want to have enough coverage to replace your contents . The other thing I want to point out is that the liability coverage inthe renters policy like the liability section of homeowners in general is very competitivelypriced . Do n't skimp here . If you are inclined to buy a 100.000 in coverage , ask your agent how much more would 300,000 . be . i think you will be pleasantly surprised .


Input: Does Walmart Provide Health Insurance For Employees?

Output: This is a great question . Most employers dictate what qualifies an employee for benefits . Factors can be if you are full or part time , hours worked etc. and there may be a waiting period . I tell everyone that they have the option to get their own individual health plan and in the event that you change careers , you wo n't have to worry about your health plan ending .


Input: Is Workers Comp The Same As Disability Insurance?

Output: No , workers compensation is not the same as disability insurance . Workers compensation insurance is insurance purchased by an employer to cover employees who become injured on the job and as result can no longer work . It provides income benefits to the covered employee while they are out of work . Disability insurance covers an individual regardless of the time place and manner of the event that prevents them from working -LRB- i.e. it does not have to happen at work -RRB- . Disability insurance is also generally set up to cover a larger amount of lost income .


Input: What Is Life Insurance Cash Surrender Value?

Output: The two main types of insurance that have cash value are commonly universal life and whole life insurance policies . These types of permanent life insurance policies build cash value by over funding premiums . These types of policies have many perks and riders . If you were to cancel or `` cash out '' this policy type the amount of money you would receive is known as cash surrender value . The gains on this cash is taxed as ordinary income . If you were to leave the policy in force and simply borrow the cash , those funds can be used income tax free . I would advise speaking to your agent or carrier about all of your options before cashing out .


Input: What Is Life Insurance Cash Surrender Value?

Output: Life Insurance Cash Surrender Value is tbe Cash Value of a Whole Life policy . The money accumulates upon the amount of premium paid through the years of the policy at a compounded value . The last percentage is more than bank interest . When the policy is surrendered or terminated in the later years which is best than early since hardly any accumulation or not enough value cash that accumulates will be surrendered to the policyholder .


Input: What Is Life Insurance Cash Surrender Value?

Output: Life Insurance Cash Surrender Value is what will be returned to you if you cancel a permanent life insurance policy that has a cash value available . This surrender value may be less than the actual cash value as all loans will be paid back & surrender fees will be taken . Beware , if the surrender value is more than the money or premium you have paid in , there may be a taxable event you will have to deal with .


Input: What Is Life Insurance Cash Surrender Value?

Output: The cash values in a life insurance policy is the money accumulated over years inside a cash value or whole life insurance policy . It can be borrowed against or received in a lump sum upon surrender of the policy . The cash value reduces the financial liability of the insurance company as it grows inside the policy because in most policies it becomes part of the death benefit . This makes a cash value policy a very poor investment for the client and , in most cases , does not provide adequate coverage to pay for final expenses , paying off debt and the mortgage , and providing income replacement . For those who have a cash value policy there is alternatives to restructuring to improve the financial situation .


Input: Why Does Life Insurance Cost So Much In Nevada?

Output: If you find that the price for life insurance is high in Nevada , it may be because you are older , have a health condition , or are locking in the premium for a long period of time -LRB- such as happens with longer terms or permanent insurance -RRB- . It could also be that you are just hearing one quote and could benefit by shopping more companies . You can do that by visiting a website that offers instant quotes for life insurance in Nevada . There you will find the most competitive rates from a number of companies , for someone your age and health .


Input: Where Can I Get Car Insurance With A Learner Permit?

Output: Most major auto insurance companies will insure you with a learner 's permit ... assuming that you are a listed driver on your parent 's -LRB- for example -RRB- policy . Typically , you are not charged a premium during the pre-licensing stage but you will be rated on the policy once you obtain your full driving privileges .


Input: Where Can I Get Car Insurance With A Learner Permit?

Output: Depending on your age and state some carriers can issue a policy as a non owned and cover your with out a license but as soon as you get your license you will need to change that . If you are just a driver on a policy and have a permit and change to a license it should lower the rates


Input: Does Renters Insurance Cover A Broken Refrigerator?

Output: Your tenants policy does not cover a broken appliance . It does cover an appliance that is damaged as the result of a covered loss . For example if there was a fire in the kitchen and the refrigerator need to be restored or replaced your tenants policy would have coverage . There are policies that can be purchased that cover appliances but it is not your tenants policy .


Input: How Long Can You Stay On Health Insurance Of Parents?

Output: You can stay on your parents health insurance until age 26 at which point you would be kicked off the plan and have to secure your own coverage . You have the option to get your own coverage prior to age 26 if you prefer . Consult with an experienced broker to discuss your options and see what the best course of action is for your program . Please feel free to contact me for help . Thanks very much .


Input: How Long Can You Stay On Health Insurance Of Parents?

Output: That is a great question ! One of the nice things the Affordable Care Act -LRB- Obamacare -RRB- did was extend the amount of time that children could remain covered by their parents ' insurance to the age of 26 . It was designed to help college and recent graduate aged kids get coverage when they otherwise may not have been able to afford it . Thanks for asking !


Input: How Long Can You Stay On Health Insurance Of Parents?

Output: You can stay on your parent 's health insurance website until you are 26 ... subject to some conditions . As an experienced health insurance broker with more than 33 years of experience , this question is asked almost daily ! Of course , a child can apply for their own policy at any time or get coverage under a University or group plan also . As a broker , our job is to closely compare each option and determine the best policy for cost , benefits and network coverage .


Input: How Much Does Plan B Medicare Cost?

Output: The cost of plan B will vary depending on your age , gender , zip code , tobacco use , height and weight -LRB- some carriers use this -RRB- and the carrier you pick . Medicare Part B -LRB- if this is your question -RRB- is $ 105 per month for 2013 . Only a few carriers offer Medicare supplement plan B . It is not very popular .


Input: Is There A Medicare F?

Output: Medicare supplement plan F , also known as Medigap plan F , is extremely popular among seniors . In most states 60 % or more of the Medigap plans owned by seniors are plan F. Medicare supplement plan F pays 100 % of approved Medicare Part A and Part B claims after Medicare adjudicates and pays their portion . In spite of the popularity , over 90 % of my Medicare clients pick something OTHER THAN plan F .


Input: Is There A Medicare F?

Output: Medicare SUPPLEMENT plan F is probably what you are thinking about . Medicare has 4 parts . Part A is the hospital portion , Part B is outpatient , Part C is Medicare Advantage , Part D is drugs . Medicare supplement plan F pays 100 % of approved Medicare Part A and B expenses that are not paid by Medicare due to deductibles and coinsurance .


Input: Will My Home Insurance Go Up If I Make A Claim?

Output: It is possible that you will see an increase in your Homeowners ' premium at renewal if you make a claim . That is tending to be the common practice among Home Insurance providers , generally speaking . While some claims can not be avoided - those resulting from severe storms for example , you can reduce the possibility of a claim by properly maintaining your home and property . Trim over hanging tree branches and shrubbery around your home . These simple examples can reduce the risk of a tree falling on your roof or someone using your landscaping to hide a break in .


Input: Which Home Insurance Is Best In New Jersey?

Output: This question could be answered in a variety of ways . But the best insurance would be a program that you and your independent agent customized to your needs . Ideally , in my honest opinion you would want a mutual company as your carrier , as mutual insurer has no stockholders , the policyholder is actually the owner . So a mutual company puts its policyholders and reputation ahead of profits . If you can choose one with a good AM Best rating .


Input: How To Make A Claim At Medicare?

Output: I am not aware of any way for an individual to file a claim with Medicare . Medicare requires medical providers to file claims directly on your behalf and do so on a timely basis . Claims are filed electronically , adjudicated by Medicare , and then Medicare files your approved claim with your Medigap carrier via crossover .


Input: Does Health Insurance Cover Wellness Coaching?

Output: Does health insurance cover wellness coaching ? The new Affordable Care Act covers many wellness -LRB- preventive -RRB- items . But coaching ? Based on my 32 years as a broker , I do n't believe it is covered . It is always possible that if it is considered therapy or another type of needed treatment , it might be covered .


Input: How Are Annuities Invested?

Output: There are basically three crediting methods used in deferred annuities : interest rate crediting , indice crediting and separate sub account crediting . Interest rates are generated by the companys predominately government bond portfolio . Most indexed annuities invest their interest rate returns in domestic and foreign index options . Variable annuities use equity and bond instruments in their separate sub accounts selected by the variable annuity owner . These separate sub account allocations are subject to market risk , i.e. you can lose money .


Input: Why Does Renters Insurance Cost So Much In New York?

Output: Probably because the actuaries in Underwriting have calculated the risk of something happening to property in NY to be higher than in Wyoming . With millions of people , there is much more likelihood of a burglary or other perils befalling a tenant . I do n't know for sure if you are talking about in Manhattan , but if you are another possible reason is that the premium is calculated in part by the value of the Personal Property . People living on 5th Avenue tend to have more - and more expensive things than the Average Joe !


Input: How Can I Make Sure That I Don't Run Out Of Money In Retirement?

Output: There are two issues involved in determining the likelihood of running out of money . The first is the amount of money you have accumulated to help provide retirement income and the second is the rate at which you spend that money . The return on the accumulation is important however without sufficient capital and a reasonable rate of withdrawal your retirement nest egg can be exhausted at some point . Retirement could last a very long time . Some will be retired longer than the period of time that they work . With improving health and medical treatment for diseases that have shortened the lives of those before us , you could be looking at a retirement of more than thirty years . Retirement may start unexpectedly . Waiting to start accumulating money for retirement can be hazardous . Almost forty percent of retirees report that there retirement started because of circumstances beyond their control . Losing a job after age 50 could trigger retirement as could the disability of a spouse or parent . Moving capital from your current income stream is critical to develop a retirement fund . As crucial as returns can be , unless there is a movement of capital there isnt anything for those results to work with . If you are employed you should certainly understand your employers pension plan if one is offered . Under normal circumstances the company pension plan will provide the greatest opportunity to shift capital into a retirement fund . If you are the employer there are some opportunities for you to provide for your retirement . Many of these are complicated and require expert assistance . The bottom line is that you do have opportunities . Individuals can also establish Individual Retirement Accounts -LRB- IRA . -RRB- This also applies to spouses that are not gainfully employed . The contribution is limited but if started early enough can make a significant contribution to the movement of capital into your retirement fund . You might have heard of a Roth IRA and that too can become an important part of your retirement fund but it has different rules and you should consult with a tax consultant and a Retirement Income professional about that . The second half of the issue is the way that money is withdrawn from your retirement account . This whole subject is really complex and involves a lot of decisions but the basic thing is to understand the need for a budget . Without a budget you can not set a withdrawal rate and you can not know how long your retirement fund will last . Most Americans resist budgeting but it is something that can be started easily and can be started even today . While you might not be retired you can start to record your expenses . The longer you do this the better handle you will have on your spending . The more detail you use in your record keeping the more your budget projections will increase in accuracy . There are assets that most people do not consider as they come into retirement . The first is their ability to work . If there is something that you enjoy and are good at you should prepare to move into that activity when you retire and with some planning that can be an income producing activity . This can be anything from consulting to a hobby that you love and from which you are able to earn money . Some people write some take photographs ; others sell hand made products at trade fairs . These types of activities can enhance your retirement fund by reducing the need for immediate income . There are , of course many other issues to consider such as housing , long term care and legacy goals but if you can get these two principles started you will be well on your way to providing a satisfactory and predictable retirement .


Input: How Can I Make Sure That I Don't Run Out Of Money In Retirement?

Output: That is the million dollar question for sure ! You are definitely not the only one asking that question , or losing sleep worrying about it , I promise you . There are a few ways that you may want to consider . The easiest is to invest in some annuity products , so that you can receive an income for your entire life . Wise timing for taking your Social Security benefits can help also - the later you take them , the higher the benefit amount . Investing in an IRA , like a Roth , can also help provide a source of income - Roth 's are good , because you are n't required to start withdrawals from them , so you can let them grow for as long as you can before tapping into them . Start investing and saving early ; reduce whatever debt that you will be heading into retirement with ; and have a solid idea of what retirement looks like to you , so you know how much you will need to have put away to make that retirement vision a reality . I hope that helps , please feel free to contact me if you need more help , okay ? Thanks for asking !


Input: Does Home Insurance Cover Robbery?

Output: Most home insurance covers theft and robbery , subject to a deductible and certain limitations on various items such as jewelry , computer equipment and firearms . If you have more of these type of things than your insurance covers talk with your agent and for a small extra premium you can either schedule these items or purchase extended coverage . Always make sure you take your deductible into consideration before filing a claim . It may not be worthwhile .


Input: Can I Get Life Insurance If I Have Lung Cancer?

Output: If you are currently receiving treatment for lung cancer , unfortunately you are unable to get a life insurance policy unless it is guaranteed issue . Guaranteed issue policies do not ask any health questions and usually have a minimum age of 40 to 55 . They also will have a graded period the first years of the policy , and have a fairly low maximum face amount -LRB- under $ 50,000 -RRB- . Then when you have been cancer free for a while your options will improve .


Input: Can I Get Life Insurance If I Have Lung Cancer?

Output: Insurability is realative to the company , type of policy , the stage of the disease , otherfamily and medical historyand the amount you want to spend for coverage . Almost everyone is insurable with any number of malidies it all depends on the company and the policies that they offer as to whether or not lung cancer is an acceptable risk . The best place to find out the answers to questions like this is your local agent . Give them a call .


Input: How Much Is Individual Health Insurance?

Output: How much a specific individual should be paying for health insurance is a hard figure to try and quantify . The average cost in the country for a health insurance plan is $ 328 per month - however , this is only reflective upon a silver level plan -LRB- not all 2014 state figure averages are available yet -RRB- . While you can try to come up with an `` average '' cost , there 's too many factors that go into premium pricing to say how in relation that compares to you . In short , an `` average '' premium is a rather useless figure to the individual . It 's only representative to a large group - you could have people paying a small nominal amount -LRB- after factoring in subsidies -RRB- per month to several thousand dollars per month . Even for that there 's a ton of information to sift through to get an accurate representation . Under the Affordable Care Act , you have the options for bronze , silver , gold , and platinum level plans -LRB- as you go up in metal , the price goes up , but provides better benefits -RRB- - some areas also have a catastrophic plan available . In addition , your age is a big factor as well . The younger you are , the cheaper your premium - the older you are , the higher your premium . Also , if you use tobacco products , your premium can be increased up to 50 % as well . You may be able to qualify for a subsidy that can be used to reduce the cost of your health insurance premiums . I always recommend consulting with an experienced broker . We can help you determine the plan that 's going to be most suitable for your needs and budget . Please feel free to contact me for further assistance . Thanks very much .


Input: How Much Is Individual Health Insurance?

Output: Individual health insurance costs less than it ever did . As an experienced health insurance broker with 33 years of experience with a top-rated website , I 'll answer your question quickly and accurately . The cost of coverage depends on many factors , including your age , income -LRB- for the subsidy -RRB- , zip code , and type of policy . Shopping the correct way will save consumers time , money and frustration . That 's our job and saving customers money is the end result .


Input: How To Get Cheap Car Insurance At 17?

Output: Need cheap car insurance at age 17 ? One of the most important things to do is to shop and compare different rates from multiple carriers . Prices can vary by as much as 50 % , depending on the insurer that you are using . Utilize all discounts , including good student , multi-policy and any other offered reductions . A broker will handle all of this for you at no cost . LIVE answer provided by : Ed Harris - Premier car insurance broker for 33 years and owner of several top-rated auto insurance websites .


Input: How To Get Cheap Car Insurance At 17?

Output: The way to get cheap auto insurance at age 18 might vary by your state . In California it would help if you were a part of a household with other drivers who have a good driving record . It will help a great deal if you are at least a B student , carrying a full load . It would help if your driving record was spotless . It would help if your household had other lines of insurance with the same carrier , there might be several multi-line discounts available . Different insurers might offer additional discounts . Finally , it might help if you were assigned to an older car and accepted only PL/PD coverage on that vehicle .


Input: How Can I Become A Car Insurance Broker?

Output: To become a car insurance broker you will need to complete your states pre-licensing requirements and then take the state licensing exam . Once you pass the exam you will have your license issued , pending satisfactory review of your background check . Access to insurance carriers is more restricted when it comes to home and auto insurance vs. some othe lines of insurance , so you are best served to find a career position with a major carrier , or work as an assistant for a well established agent . This will give you the ability to eventually access independent carriers directly .


Input: How Does A Whole Life Insurance Policy Work?

Output: Participating whole life insurance is the most cryptic contract in the insurance and financial product inventory . It is difficult to disassemble into distinguishable parts . That being said , a base policy in participating whole life insurance is a guaranteed premium for a guaranteed death benefit for the maturity of the contract , generally between age 100 and 121 . The dominate portfolio of many participating whole life insurance company is investment grade government bonds . Those portfolio returns coupled with a return of unused premium form the basis of a dividend .


Input: Does Number Of Car Doors Affect Insurance?

Output: The number of car doors can indeed impact what you pay for your car insurance rates . There are specific models where a four-door rate will be different than a two-door rate . This could be because of cost , crash test results or other data the insurer gathers . It does not impact all vehicles but just selected models .


Input: Does Number Of Car Doors Affect Insurance?

Output: Not these days , and nor does the color . The Insurance Industry has evolved a great deal over the years and now uses much more sophisticated elements in their pricing and risk analysis . The year , make model and VIN tell an underwriting matrix much more about the risk along with your driving and credit history than does the number of doors the car may have .


Input: Does Number Of Car Doors Affect Insurance?

Output: That is a great question ! It is n't so much the number of doors , as it is the make and model of the car . A sports car is generally going to be more expensive to insure than a station wagon , typically because of the way they are driven . Statistically , the sports car will be more likely to be involved in an accident or garner traffic violations , than the pedestrian , family car . The sports car will typically be more expensive than the average family sedan also , making the premiums higher . That is what will cost you , not the number of doors , so much . Thanks for asking !


Input: What License Is Needed To Sell Variable Life Insurance?

Output: Variable life insurance is another form of whole life insurance . There is no special license needed . As long as you have a license to sell life insurance you would be able to sell variable life . Which license you need to sell life insurance varies state to state . In my state of Florida all you need is a 2-15 or a 2-14 license .


Input: What Was The First State To Provide Disability Insurance?

Output: Rhode Island was first , followed by California , then New Jersey , and then New York . Years later , Puerto Rico joined the ranks , and Hawaii was the last state to provide Disability Insurance . They all use slightly different methods , but all provide temporary disability benefits through the use of tax dollars .


Input: What Does A Medigap Policy Cost?

Output: Medigap premiums are determined based on the plan you select , your age , gender and zip code . Most carriers also surcharge for tobacco use and some will charge a higher rate if you are obese . All plans with the same letter are identical in every way except cost . When you pay more you do n't get more , you simply paid too much .


Input: Does Medicare Part A Cover Outpatient Services?

Output: Medicare Part A covers hospitalization benefits . It covers all costs for most hospital stays , except there is a deductible of about $ 1260 in 2015 . All out-patient benefits are provided by Medicare Part B . These include doctor visits for illness as well as wellness care , testing etc. . Note that you must pay for Medicare part B . The cost is generally about $ 105-110 / mo , unless you are in a higher income bracket . There is a deductible for Part B benefits also . It is $ 137 in 2015 . Medicare Part B covers about 80 % of the costs of out-patient care if the service is provided by a practitioner who/which accepts Medicare . A Medicare Supplement could pay much or all of the deductibles and co-pays under Medicare . You must continue to pay the Part B premium . If you choose to be covered by a Medicare Advantage Plan , INSTEAD of Medicare , you must continue to pay the Medicare part B premium .


Input: Does Medicare Part A Cover Outpatient Services?

Output: Medicare Part A -LRB- Hospital -RRB- covers an inpatient hospital stay , skilled nursing facility -LRB- rehab -RRB- , hospice and some home health care . Medicare -LRB- Part B Medical -RRB- covers medically necessary services for the diagnosis and treatment of illnesses . These are Outpatient Services received at a doctors office , hospital , clinic or other health facility .


Input: Does Medicare Part A Cover Outpatient Services?

Output: Medicare Part A is the hospital portion of the Medicare program . In 2013 your Medicare Part A deductible is $ 1184 per admission and covers your initial 60 day hospital stay . If your stay extends beyond 60 days there are per diem deductibles that must be satisfied . Medicare Part A covers inpatient hospital services .


Input: What The Best Disability Insurance?

Output: It truly depends on your occupation and your medical history . For high risk jobs , a sub-standard carry like Lloyds of London or Fidelity offers great products . If you 're a physician , Standard , Principal or MetLife can offer very competitive rates . If you 're considering purchasing DI , ask your agent to shop around and provide you with multiple quotes . Remember , just because it 's the cheapest , does n't mean it 's the best !


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

Output: Can you get life insurance if you have hypertension ? Possibly . It 's going to depend on your level of control and how long you 've been treated for Hypertension . With conditions like Hypertension the longer you 've had it is actually better , especially if you can show a good record of control with medication . An underwriter would be more leary of an applicant with just diagnosed hypertension . A track record of control on the other hand , can still get a person preferred rates with some companies .


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

Output: Hypertension that is well controlled by medication can be rated as good as Preferred + with some life insurance companies . What is called well controlled varies by age ; you get a little more leeway if you are middle age or older . Some companies look at the highest reading in the past year ; some look at an average over the past years . If you have had one spike in the past year , or if you had a high average but the last 6 months have been much lower , you would be better off picking one company over the other . Uncontrolled blood pressure , hypertension in conjunction with other serious health conditions such as kidney disease or CHF , or blood pressures that requires 3 or more medications to keep it down , can cause a policy to be rated up or declined .


Input: What Is Homeowners Insurance Based On?

Output: The actuary is a person in an insurance company that compiles mountains of data from previous claims . From this information they develop a standard rate . The underwriter is a person in the insurance company that reviews the application to see if it meets the requirement of the standard rate . The underwriter may adjust the rate further or decline a home based upon their review . The standard rate is based on the location of the dwelling , the construction of the dwelling , the cost to replace the dwelling , and the presence of unusual hazards -LRB- trampolines , swimming pools and derelict autos . -RRB- One factor that few consider is the presence of a pet . Some pets have a statistically significant risk of lawsuit . Another hazard is the placement of an evaporative cooler . When they are located on the roof they frequently result in water damage claims . Another consideration is the pitch of the roof . As you can see there are a number of variables that the underwriter must consider . That is why they frequently request photographs of the house .


Input: Can You Negotiate Life Insurance Rates?

Output: Good question in as much as you can negotiate price for just about anything else ! But , no , life insurance premiums are really not negotiable . It 's interesting to note that different insurance companies do have slightly different pricing for similar products , but once approved by the commissioner they are locked in until the insurance company can prove their costs have risen . Tim and Peggy above here have good input regarding getting the best rates . I would add that if you can pay your premium annually instead of monthly or quarterly you will save a little . Generally the less payment processing the company has to do will reflect in the premium charged .


Input: Can You Negotiate Life Insurance Rates?

Output: No , the applicant has no say in what a life insurance contract will state or cost . The best way to get the absolute best price is to live a healthy lifestyle and use an experienced independent life insurance broker than can shop at least dozens of companies to find you the best product at the best price for your unique situation .


Input: Can You Negotiate Life Insurance Rates?

Output: State insurance commissioners regulate insurance companies that are admitted to their state . Along with the commissioner in the state where an insurance company is domiciled they review and approve the rates each company charges for each insurance plan that they offer . In a way the insurance commissioner negotiates on your behalf to make sure that the plan is sound and that the company can keep its promises .


Input: Can You Negotiate Life Insurance Rates?

Output: No , life insurance rates are non-negotiable to the extent that you can not ask for a discount . Likewise , all agents must charge the same rates . When you see an agency advertising affordable rates , what we mean is that we can shop multiple companies to place you with the one that is most favorable for your health and age . When you see an agency broadcasting extremely low prices for life insurance , what they are doing is quoting the best rate for the shortest term . Most brokers have access to those same companies and rates , and applying with one agency over another will not cause you to qualify for a discount . What does matter in life insurance rates is matching up with an agency who understands your situation and can help your policy be placed at the best possible rate . This starts with putting your application with the right company , and it ends with seeing that policy through to the end . If your doctor has retired and moved to the Bahamas and no one can find the medical records required to get your policy approved , this agency will track them down or work with the underwriter to get you approved without them . If you are rated up due to an error on your MIB , they will help you get it corrected and go back for a lower rate . If your spouse loses their job and you can no longer afford the 30 year term policy you were approved for , they help you get the 10 year term until you are back on your feet . While insurance agents can not negotiate life insurance rates , we can be responsible and knowledgeable and help you get the lowest rates by simply doing our job correctly and thoroughly .


Input: What Does HMO Health Insurance Cover?

Output: HMO 's cover the same medical services that traditional major medical insurance plans , either group or individual cover . The essential difference is in the provider network used to deliver these benefits and how the subscriber 's access to their benefits is guided by this approach . HMO stands for Health Maintenance Organization and while there are variations on the theme , in its purest form an HMO has an exclusive network of contracted providers that must be used by subscribers to the HMO in order to receive covered services . In this context an HMO would not pay for services a member receives from a non-HMO provider . Also , HMO 's often use a `` gatekeeper '' approach that requires a referral from a Primary Care Physician before the member can receive care from a specialist or other HMO provider for non-emergency services . Theoretically the HMO concept assures that your Primary Care Physician is overseeing the member 's complete range of health care services and treatment , makes sure that care is being delivered in the most appropriate and cost effective setting and manner , and maximizes the overall efficiency of the delivery of health care to its members . In practical terms the HMO concept has generally fared best in higher population density areas that have an extensive and competitive medical infrastructure in place . One of the main reasons for this is that the HMO providers can actually be employees of the HMO or have negotiated deep discounts for their services with the HMO in exchange for a high volume of patient traffic . Accomplishing this in a metropolitan area like Los Angeles is far easier than in a rural area where there may be not be many competing providers and hospitals and these providersare already serving virtually all of the area 's population . Also , the more restrictive and controlling nature of the HMO concept has not always been welcomed by the American consumer who has been accustomed to making their own choices when it comes to selecting their doctors , hospitals and pharmacies and having a high degree of freedom in when and where they access the health care system . While HMOs can deliver excellent benefits and services at attractive rates , the potential consumer should also consider the trade offs involved in achieving these ends . If the consumer finds the HMO network to be sufficient for their perceived needs and understands therules of being an HMO member it can be a very positive environment in which to receive one 's health care . Going into an HMO without understanding and accepting these factors can lead to a very unsatisfactory and perhaps costly experience .


Input: How To Set Up A 401K?

Output: A 401 -LRB- k -RRB- plan is a tax favored retirement program established by an employer for the benefit of the employees . Individuals can establish Individual Retirement Accounts -LRB- IRA -RRB- to accomplish the same for their retirement in a tax favored manner . The investments for their 401 -LRB- k -RRB- or an IRA may be available outside the plan , some , annuities , retain some of their tax advantages and can assist a person in augmenting their plan to retire .


Input: How To Set Up A 401K?

Output: How to set up a 401 -LRB- k -RRB- ? First before you decide on a 401k as your retirement plan , make sure it makes sense . Most people know the name 401k and sort of apply it as all retirement plans , but actually it 's one of many plans out there that an employer can use . The big thing I would suggest anyone look at before establishing a retirement plan is the cost of the plan itself . Typically a 401k will have fees for all people under the plan , participating or not . You will have discrimination tests to be run on the plan and contributions . Before you commit to a particular plan , check and see what the plan cost to operate . If your costs are greater than your returns , is it a good choice ?


Input: How To Set Up A 401K?

Output: That is a great question ! If you want to set up a 401k plan as an employer , the brokerage company should easily walk you through the process . If you were talking about setting something up for yourself , you mean an IRA , or `` individual retirement account '' . There are several options here , and you would really want to speak with an advisor before jumping into one . Drop me a line , if you 'd like . Thanks for asking !


Input: What Are SPIA Annuities?

Output: Single premium immediate annuities can be paid over lifetime income you cant outlive . The older the annuitant is the higher the mortality credit assigned to the annuity and in tandem with the credited interest rate can actually perform well even in a low interest rate environment were experiencing


Input: What Are SPIA Annuities?

Output: SPIA stands for single premium immediate annuity . Which means , you receive a set amount of money on a regular basis , on an annuity you purchased with a single deposited premium . SPIA 's can be very practical , and especially beneficial for specific situations , including : retirement , terminal funding , pension terminations , and retired life buyouts . As well as individuals who have received a lump sum of money from a structured settlement of sorts , like : injury , divorce , or inheritance . The purpose of investing your money in an immediate annuity , is to have a steady income for the rest of your life ; by prolonging the principal without the risk of fluctuations in the financial markets . Plus there can be significant tax advantages , depending on the funding of the premium and the amount of income payments you elected to regularly receive .


Input: Does Renters Insurance Cover My Bike?

Output: If the bike is stolen or damaged by a peril covered by your renters insurance the answer would be yes . It is considered your property and would therefore be covered . Renters insurance covers any of your personal property . Check with your agent to review the exact terms of your renters policy .


Input: Which Home Insurance Is Best In California?

Output: When this question is asked I am not sure if you mean the best insurance company with coverage 's and claims or the who has the best rates . Let 's address rates first : There is no company who has the best rates as there are many varying factors that can make one insurance company rise to the top over another as it pertains to premium . In other words who has the best rate for me may not be the best for you , and we could live right next door to each other . Now lets move on to the more important issue and that is coverage 's : What you have to understand is most insurance companies have varying options/packages of coverage 's available to purchase . In most cases agents tend to offer the cheapest package which does not maximize coverage 's that are potentially available to the client . I suggest when shopping for insurance that you truly consult with your agent about the different options available by an insurance company so you can make an educated decision on the coverage you wish to purchase and how much of the risk you yourself wish to assume . As an independent agent I am able to offer quotes and coverage 's from multiple companies to help my clients make the most informed decision about their most important asset , and that is their home . Now the next subject would be claims : Which insurance company continues to rise to the top in claims handling . There are many independent websites which you do a quick search on and find ratings on how well claims are handled and their overall customer satisfaction and loyalty . There are many companies that are great in the claims area that I bet you have never even heard of . You will also find negatives on every insurance company out there without exception . Most of the negatives are due to coverage 's not being in place that the client thought they had . Or in other words . A lack of understanding their policy . This goes back to my suggestion on being educated on the coverage 's available to you . There are many independent online reviews available to you -LRB- some good , some not so good -RRB- that will give you ratings on how well the claims experience is for clients and how insurance companies rank in the claims department . But there is one thing that I believe is very critical to the claims process and that is your agent . An absentee agent can make the process very frustrating if you are having some communication difficulty with the insurance company . An agent that is actually working for you can help make any unfortunate claims experience must less painful then it needs to be . So never take the agent out of the equation when shopping for homeowners insurance . So with all that being said , my parting advice is do your research , consult and ask lots of questions from your agent . Do n't be shy are think it 's a dumb question because it 's not . After all , were talking about your home .


Input: Which Home Insurance Is Best In California?

Output: The best home insurance is the policy that pays the maximum allowable with the least hassle when you have a claim . Every other measure becomes meaningless . The way to have this best policy is to work honestly with a trusted insurance agent , which is someone who will listen to you , provide good financial advice and communicate clearly with you and the insurance company . The most important advice will be on setting limits for coverages . There are various limits and each deserves careful consideration . In the end the premium means very little if the coverage is not complete when you have damage .


Input: What Is A Blue Medicare Card?

Output: In Australia , a blue Medicare card is an interim card issued to individuals or families eligible for Medicare in that country . Some people in the United States may call a Medicare Supplement card from Blue Cross Blue Shield a blue Medicare card . However , Medicare cards in the US are red white and blue .


Input: Can Homeowners Insurance Be Reinstated?

Output: In most cases yes . Depending on the reason for the lapse and the term of the lapse many carriers will allow the policy to be re-instated . Normally the lapse term can not be more than 30 days . If you have had a lapse in your coverage and want to see about getting the policy re-instated contact your local agent , they are the front and rear line when it comes to your coverage . They can help you get your insurance coverage back on track .


Input: Does Homeowners Insurance Cover Wind Damage?

Output: Short answer is yes it does . Wind is a normal covered peril in a standard Homeowners ' policy . Now , how the coverage is applied may vary a bit depending upon the location of your home . If you are located in a coastal community as opposed to inland , some Insurance Companies may require a higher deductible for wind damage coverage . Some consider it separately , others lump wind together with hurricane . It may also be handled differently in areas that are more subject to tornadoes . It is best to talk to your Insurance Professional about the specific terms and conditions of your policy .


Input: Does Homeowners Insurance Cover Wind Damage?

Output: Homeowners insurance comes in different forms ; in most States , if you have a Form HO3 -LRB- Special Form -RRB- or a Form HO5 -LRB- Comprehensive Form -RRB- , Wind damage is covered to your dwelling , other structures and personal property . If you have incurred damage as a result of wind , it is important to protect the structure from further damage immediately and file a claim with your insurance carrier . If you are not sure whether to file a claim and need advice , you should contact your insurance agent and discuss the options , size of the claim and prior claims activity that you may have had within 5 years . The policy deductible will apply to the claim , in many States , you will have a separate Wind deductible which may be expressed in the form of a percentage of the coverage section being claimed against . For a homeowners insurance quote , you may click here : WEBSITELINK


Input: Does Homeowners Insurance Cover Wind Damage?

Output: Yes it does . If a windstorm causes damages to your roof , siding , or a tree to fall on your home you will be covered under your homeowners insurance . If this has happened to you call your agent first . Then start getting estimates . If the damage is minor you may not want to turn in a claim .


Input: Does Health Insurance Work In Other Countries?

Output: Most countries allow their citizens to purchase individual health insurance and many employers provide health insurance as well . In some European countries health insurance premiums are financed through a VAT -LRB- value added tax -RRB- that is factored in to the price of each product you purchase . VAT 's increase the cost of goods tremendously .


Input: Does Health Insurance Work In Other Countries?

Output: There are different degrees of healh care coverage from complete to none around the world . I am assuming that you mean other industrialized nations that provide government supplied health care . With a single payor funding for health care is done through several methods of taxation . Usually when you review individual tax brackets in these other countries you 'll find they are considerably higher than here in the US . Other countries also use what is known as a value added tax -LRB- VAT -RRB- to certain products or services that generate additional revenues to support health services . While there is a constant debate on which system is better , one must remember all systems cost money and no system is `` free . '' A dollar spent in healthcare is a dollar spent anywhere you are . Some countries ration their healthcare by availability and others by price . Healthcare is going to be a tough problem for every nation as the population world wide ages and continues to grow in number . No system is perfect , all systems are strained right now . .


Input: Does Health Insurance Work In Other Countries?

Output: I disagree with Bob . When people ask if they are covered they usually mean `` will the company pay the bill '' . You always want to read your policy before assuming that you are covered or even taking the word of an Insurance company telemarketer . ASK for the specific policy language . Bob is correct that in the few cases where you are `` covered '' YOU will pay the bill first and then get reimbursed . Medicare is an excellent example of limited coverage outside the US . Bob is also correct in that there are many things that are not covered . Personally , I would not leave the US without evac coverage to get me home .


Input: Does Health Insurance Work In Other Countries?

Output: Taking nothing away from + Larry Gilmore response , I am going to approach the question from a different angle . If the question relates to a Unites States based health insurance plan and you are traveling to another country , the answer is MOST major medical health insurance plans are worldwide . That being said there are some things you need to know . When you leave the US there are no provider networks . Medical providers in foreign countries are usually reimbursed on an `` as billed '' basis . Minor claims incurred outside the US are usually paid by the insured and then you file for reimbursement from your carrier when you return . Major medical plans do not cover med-evac , return of mortal remains , or translation of medical records . It is always a good idea to purchase an international travel medical plan as a supplement when traveling outside the US border .


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

Output: Not all life insurance agents are paid the same . But as a general rule 100 % of the first year premiums go to commissions . If an agent works for a company that supplies him with an office and advertising , he will usually make 50 % of the first year commission and the company or agency makes the other 50 % to recoup their overhead . If the agent is an independent broker , he will be paid the entire 100 % but must pay all his own business expenses .


Input: How To Pick Renters Insurance?

Output: While the companies vary , the real choice is among the agents . A trusted agent is a good listener , a wise counselor and an honest advocate . If you dont have an agent , get a recommendation from a friend , colleague or neighbor . Listen carefully to the advice the agent provides . When you receive your policy make sure that it is what you wanted . In this process dont overlook the need for adequate limits . The worst policy is the one that doesnt meet your needs when you have a claim .


Input: Who Is The Grantor Of An Irrevocable Life Insurance Trust?

Output: The Grantor of an Irrevocable Life Insurance Trust -LRB- ILIT -RRB- is the person who creates the trust . He/she is usually the Insured person on the policy that is put under the ownership of the trust , and is usually also the Owner of the policy , thus transferring ownership to the irrevocable life insurance trust .


Input: How Can I Get Health Insurance If I Am Overweight?

Output: It depends on your BMI -LRB- body metric index -RRB- . If your BMI is less than 40 you may be able to buy individual insurance . Employer group health insurance plans generally can not deny coverage regardless of pre-existing conditions . Your state may have an assigned risk pool , carrier of last resort , or other guaranteed issue policies .


Input: How Can I Get Health Insurance If I Am Overweight?

Output: One of the major `` Wins '' of the health reform law is that major medical plans are no longer underwritten , which means regardless of Body Mass Index -LRB- Height $ Weight -RRB- or pre-existing medical conditions , all applicants are guarantee issued on plans . So , regardless of how much you weigh , you 'll still be able to pick up coverage in 2014 and beyond .


Input: Who Pays For Long Term Disability Insurance?

Output: If you 're employer offers long term disability insurance , you 'd be smart to accept the coverage , even if you do need to pay part of the premium . But do n't forget to look into private DI as well . A lot of group plans do n't offer the max amount you 're allowed , and it 's essential to be fully covered .


Input: Who Pays For Long Term Disability Insurance?

Output: If you are employed by a company that offers Long Term Disability insurance , your employer normally pays for it , although they might offer it to you as an option where you pay part or all of the premium . If you are self employed , or work for an employer that does not offer Long Term Disability insurance , you can purchase and pay for a private policy yourself .


Input: Who Pays For Long Term Disability Insurance?

Output: There are two basic types of long term disability . The first is group disability which is paid for by your employer either in part or in whole . The down side to having an employer pay for your disability is he takes the deductions at tax time and if you have a claim all of your disability benefits are taxable as income because you did not pay the premiums . The second type of long term disability is an individual policy that you pay for directly . These are not usually tax deductible to an individual . However , if you receive benefits from a claim this money is tax free to you because you were taxed on the premiums .


Input: What Life Insurance Does Dave Ramsey Recommend?

Output: Dave Ramsey sells a financial plan where you only need term life insurance . He recommends 10 to 20-times your annual salary . He likes for you to buy it through his agency -LRB- Zander -RRB- and they will sell over the phone nationwide . The reason his plan only needs term is because if you follow his plan you will be wealthy at the end of the 20 or 30 year term and will no longer require life insurance . The mistake people make is if they only do bits and pieces of the plan they will end up in bad shape when their term runs out . They will end up older , NOT wealth and completely uninsured . Some of the things his plan requires for the average person to be successful are : 1 . Take on 2nd and 3rd jobs to pay down all debt . Get Gazelle intense on paying off ALL debts -LRB- other then your mortgage -RRB- quickly . Pizza delivery is a favorite for Dave . 2 . Sell any cars with large loans -LRB- over $ 3,000 -RRB- on them . Even if you owe more money than the car is worth . Buy `` beater '' cars for cash . Do n't pay more than $ 1,500 for your beater car if you have debts . 3 . If your house payment is more than 1/3 of your net income , sell it too . Rent or buy a cheaper house . 4 . Always buy low cost term life insurance at least 10 times your annual salary . Also always buy disability insurance . Do NOT buy Long Term Care Insurance until you are age 60 and then DO buy it . 5 . Do NOT take vacations , go to the mall , eat out in restaurants , etc. untill ALL debt is paid in full other than your mortgage . Eat beans and rice and then rice and beans . Buy clothes at rummage sales and 2nd hand stores . Patch the kids clothes . During this phase you wo n't see the inside of a restaurant unless you 're working there . 5 . Once your debts are paid off , focus on paying off your mortgage as soon as you can . You can lighten up a little now and go to a movie once a month or something to reward yourself . 6 . After the mortgage is paid in full , you can now start socking money away and build your net worth . Dave recommends your company 401K up to the amount that they match . Any amount you can invest beyond that you put in growth stock mutual funds . He likes you to do this through his `` Endorsed '' local provider in your area . He tells you to expect an AVERAGE of 12 % + annual returns on your investments with his endorsed providers . 7 . After you have saved up a lot of money and have zero debt ... you have made it . Now you can live like no one else . Your term life insurance is no longer necessary because you have piles of cash . You are self insured . This is a brief outline of Dave Ramsey 's plans to explain why he believes no one needs whole-life insurance . To get more information listen to his daily radio show and read his many books . I have no connection to Dave Ramsey and I am not one of his providers . I personally do not believe his plan works for most people because they will not do what it takes to become wealthy and debt-free . It is very easy to shoot holes in his investment and insurance advice -LRB- in my opinion -RRB- but he is a great motivator to pay down debts and live within your means . In my opinion , both term and whole-life insurance have their correct and incorrect uses . In Dave 's opinion , only term makes sense .


Input: What Life Insurance Does Dave Ramsey Recommend?

Output: Dave Ramsey recommends having eight to ten times your income in term life insurance . There are a number of life insurance carriers that offer the term life insurance products that Dave Ramsey recommends , and those products can be purchased on many different websites on the internet ... the price is the same for the same product .


Input: What Life Insurance Does Dave Ramsey Recommend?

Output: Most financial celebrities and entertainers tend to recommend term insurance for its low cost . As a class , they usually vilify all forms of permanent life insurance and the agents and advisors who offer them . They almost always suggest that you can invest the difference between the cost of term and permanent and come out ahead . I 've never heard any of them take taxes , liquidity , risk , shielding from creditors , etc into consideration .


Input: What Life Insurance Does Dave Ramsey Recommend?

Output: I have read one of Dave Ramseys books but I am certainly not an expert . I think Dave Ramsey would say to have the amount of life insurance that you need in place when the need arises . A policy that has expired or is inadequate defeats the purpose of life insurance . While I realize that Dave Ramsey advocates term insurance , the key remains the same . Make sure you have enough when the need arises . If you investments reduce your risk and need for life insurance , that is fine but make sure that you have the risk covered . You are valuable and you love people who will be hurt terribly if you dont make it home today .


Input: What Life Insurance Does Dave Ramsey Recommend?

Output: Dave Ramsey recommends term life insurance to protect your family during your working years . His strategy is to pay off all debt including your mortgage and invest in mutual funds . His premise basically states that your debt should be paid off and your retirement plan funded by mutual funds should eliminate most financial obligations at retirement ; therefore permanent insurance is unnecessary and too expensive anyway .


Input: What Should Renters Insurance Include?

Output: Renters insurance includes contents coverage in stated amounts , personal liability coverage in stated amounts , loss of use coverage in stated amounts and medical payments for accidents inside the covered dwelling in stated amounts . Renters insurance is basically coverage for everything but the dwelling which the building owner or apartment owner is responsible for . Keith Prim - Dallas , TX 214-435-0791


Input: When Does Short Term Disability Insurance Start?

Output: Short Term Disability benefits can start as soon as 1 day after the injury or illness is incurred . If provided through the employer , sick days or vacation may be applied toward time off before the payment of Short Term Disability benefits . If a private policy , you have a choice of how many days to make the elimination period , and that will determine when benefits begin to be paid .


Input: When Does Short Term Disability Insurance Start?

Output: When does short term disability start ? Well it 's going to depend on the provisions of your policy . Some may have 1st accident and a different elimination period for illness . In most cases you can select your start dates , realizing that a smaller number of days before the policy kicks in , the greater the premium price .


Input: What Does Supplemental Life Insurance Mean?

Output: Supplemental Life Insurance is group life insurance offered to employees above and beyond what they receive as part of their company benefits . It is usually paid for by the employee . Supplemental Life Insurance may not be portable , i.e. , it may not be able to be taken with you when you leave your job . So while looking at purchasing supplemental life insurance through your employer , you might also look at purchasing some individual life insurance that you know you can hang onto for the rest of your life .


Input: Can You Cash Out Of A Life Insurance Policy?

Output: Yes , if the life insurance has cash value -LRB- such as Whole Life or Universal Life -RRB- you can surrender the policy for cash value . In the first years of the policy there will be a surrender charge that comes out of the cash value . In Term life , there is no cash value so you simply drop the policy by stopping payments .


Input: Can You Use Medicare As Secondary Insurance?

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


Input: When Does A Health Insurance Deductible Apply?

Output: A health insurance deductible applies immediately , except for qualifying preventive services . For example , consider a policy with a $ 1,000 individual deductible . The policy requires that the insured pay the first $ 1,000 of medical expenses out-of-pocket directly to the healthcare providers . After the insured satisfies the deductible the plan begins reimbursing qualified medical expenses . The insured may still be responsible for paying any co-payment , and/or co-insurance .


Input: Where Can I Compare Health Insurance Rates?

Output: You can compare health insurance rates at the lowest available prices through an experienced broker . Using myself as an example , with more than 32 years of experience , I am able to shop all of the major carriers in minutes , and also include any tax subsidies that you may qualify for to lower your rate . In specific areas , certain insurers may be a better `` buy . '' An experienced broker gives you unbiased comparisons and helps you apply for a policy .


Input: What Is Dwelling Coverage In Home Insurance?

Output: Simply stated , the listed Dwelling coverage is the amount for which your home is currently insured . This is most commonly based upon the calculated reconstruction amount of the building . The policy will more than likely include a `` replacement guarantee '' settlement provision which means that should the house be damaged by a covered peril , the policy would pay the settlement based upon current construction costs . As always , check with your insurance professional to discuss the specifics of your policy .


Input: Does Medicare Cover Dental In Colorado?

Output: Medicare does not cover dental care in Colorado , as a rule . Only if the oral care is needed to treat another general health condition , or to prepare the mouth for treatments involved in treating another general health condition , is dental treatment covered by Medicare in Colorado or the other 49 states .


Input: Does Medicare Cover Dental In Colorado?

Output: Seniors in Colorado can get a dental plan in addition to a Medicare Supplement plan to cover dental related expenses . Some plans even have dental , vision and hearing all in one plan . A good plan would give immediate coverage for dental exams , cleanings , extractions and fillings . Some plans do not have a network so you can go to any dentist you like .


Input: Why Would Someone Be Turned Down For Life Insurance?

Output: Unfortunately , some people are turned down for life insurance for very simple reasons because they did not sign up for the appropriate policy to start with . To avoid being turned down , be sure to read the guidelines very carefully . It is far better to converse with an agent to be sure you did not overlook something . E.g. . Some policies require that you have a drivers license ; some do n't . Some require that you are a US citizen ; some do n't . Some allow a certain policy to cover people with diabetes ; some do n't . Those type of declines are easy to avoid by just talking to tan agent . Other declines are more complicated . You may have a history of depression that sounds OK , but then get declined because your doctor wrote something in your medical records of which you were unaware . With any kind of health history or risk factors such as past alcohol treatment , use an impaired risk specialist to lower your chance of being turned down . There are policies out there for nearly everyone if you know where to look .


Input: Why Would Someone Be Turned Down For Life Insurance?

Output: There can be several factors that lead to a underwriting declination . Health history and current medical condition are significant items in the crediting or debiting of the underwriting balance sheet . Personal behaviors like motor vehicle violations , drug addictions , dangerous recreational activities , even hazardous occupations can be the basis of an underwriting declination .


Input: Is Disability Insurance A Medical Expense?

Output: No , Disability Insurance is not a medical expense , and is not deductible as such on income tax forms . While an agent must have a license in health insurance to sell disability insurance , the insurance is not considered a medical expense such as health insurance and long term care insurance .


Input: Does Health Insurance Cover Second Opinions?

Output: Typically , a health insurance company will make a decision regarding whether a claim should be paid . An underwriter , a claims approver and perhaps another resource may be used during this process . If your claim is denied , you can appeal . Regarding a `` second opinion '' concerning a possible procedure or surgery , your private or group policy will clearly indicate the level of benefit you have . And of course , an experienced broker can also help .


Input: Will Medicare Pay For Diabetic Shoes?

Output: Yes , Medicare will pay for one pair of diabetic shoes per year , and the inserts to go into them , if prescribed as medically necessary for the prevention or alleviation of diabetic neuropathy , numbness , or sores . You must purchase the shoes through a Medicare qualified podiatrist , orthotist , prosthetist or pedorthist . You can get one pair of depth inlay shoes and three inserts per year . If unable to wear depth inlay shoes due to foot deformity , you can get one pair of custom molded shoes and three inserts per year .


Input: Can The IRS Take Money From Life Insurance?

Output: When life insurance is left to a beneficiary , the death benefit is the property of the beneficiary . The IRS can not take the life insurance proceeds unless the beneficiary was a cosigner for whatever the IRS is seeking payment . If the beneficiary of the policy is the Insured 's estate , then the life insurance money is available to the IRS .


Input: What Should I Be Paying For Renters Insurance?

Output: The amount that you pay for renters insurance could vary greatly based on the many factors that are used to determine your premium for this coverage . Based on my experience within my geographic location for ten thousand dollars worth of coverage you will pay approximately seven to ten dollars per month . If you have your auto and renters insurance with the same carrier you may also be eligible for discounts on your policy premiums .


Input: What Should I Be Paying For Renters Insurance?

Output: Renters insurance is relatively inexpensive . In fact when companies offer discounts on auto if you have homeowners insurance , check to see if they extend that same discount to renters . The discount frequently exceeds the premium for the renters policy . You should pay for enough coverage that you will be able to move into another apartment with all the furniture , clothes and appliances you had in the one that was destroyed .


Input: Should Employers Offer Disability Insurance?

Output: I believe the more useful benefits , such as disability insurance , an employer can offer their employees the better . Benefits do a couple of important things for their workforce . It helps with morale , it states to the employee you or the company cares . It cuts back on costly turnover through employee retention . It becomes a great recruiting tool to hire the best talent to your business . Many employers consider their benefit package their `` golden handcuffs '' to keep employees long term . Disability insurance both short and long term should be a part of that package .


Input: Should Employers Offer Disability Insurance?

Output: Yes , employers should offer disability insurance to their employees . Many carriers provide programs designed to be paid by the employees through payroll deduction . Aside from supporting the payroll deduction , the employer does not incur any direct costs . Many employees can not purchase these policies directly as an individual . In particular , females employees of child bearing age desire policies to cover their maternity leave , which they can only get if offered at work .


Input: Should Employers Offer Disability Insurance?

Output: Many employers do offer Disability Insurance . A few states even mandate that employers offer Disability Insurance . Should they offer it ? If they can afford to do so , it is certainly is a great benefit for employers to offer their employees , and is something good employees look for when considering which job to take .


Input: Can I Take Out Life Insurance On A Relative?

Output: You can take out life insurance on a relative with whom you have an insurable interest in their life . This means that there would be a financial loss to you if this relative passed . E.g. . If you live with one of your adult children and share expenses with them , you would have an insurable interest in your child . The other part to taking out a life insurance policy on a relative or any other person , is that they must sign the application , thus giving you permission to take out life insurance on them . If there is an exam or phone interview required , they must agree to doing those things , as well .


Input: Why Is Whole Life Insurance A Bad Investment?

Output: Why is whole life a bad investment ? Well , it could be the people that tell you that whole life is a bad investment do n't sell whole life and want you to purchase what they have for you to buy . Or quite often whole life is compared to term with a equity -LRB- stock -RRB- fund . The problem with this as an accurate comparison is that it does n't take risk into account . Whole life is a dull boring consistent product that does what it says it will over time . A stock market equity -LRB- mutual fund or whatever -RRB- is a different sort of risk . It can rise and fall and even disappear . While whole life policies tend to be invested in more secure long term investments which because they 're safe and long term , provide a lower , but consistent rate of return . And the nice thing about Whole life is the cash values ca n't go backwards .


Input: Why Is Whole Life Insurance A Bad Investment?

Output: Lets begin by defining what is an investment ? In the broadest sense of the word , an investment is when you place money or time into something in expectation of a return on that investment . To that end whole life insurance can serve the purpose of being an investment in that money is invested into it for an expected end . There are a lot of factors that can make an investment bad such as it loses money , it has a low rate of return or it offers no return at all . What makes an investment good or bad is to know what you expect it to return to you . If you want an insurance policy that offers a guaranteed death benefit and has cash value , then a whole life policy may work for you . Define what you want first and then find the vehicle that takes you where you want to go .


Input: How Are Annuities Structured?

Output: An annuity converts a sum of money into a lifetime stream of income . The Internal Revenue Code allows money accumulated in an annuity to defer income tax . These two features have given rise to many alterations that meet the specific needs of certain people . Some annuities have become amazingly complex .


Input: How Are Annuities Structured?

Output: Annuities can be categorized into two types : deferred and immediate . Immediate annuities provide income and can have a future date to begin distributions , including life time income you cant outlive . Deferred annuities accumulate tax deferred , a tax advantaged feature for long term annuities . Deferred annuities can offer fixed interest , indices -LRB- both domestic and foreign -RRB- and separate sub accounts featuring access to market equities and bonds -LRB- variable annuities , a security . -RRB-


Input: How Much Does The Average Life Insurance Policy Cost?

Output: This question does not have simple or straight forward answer . I can tell you that rates can range from about $ 20 to unlimited for many life insurance policies . Rates vary depending on type of policy that you are looking to purchase , the insured 's age , the insured 's health , and the insured 's family history just to name a few factors . Contact your local agent to discuss what your wants , needs , and expectations are of the policy so that they can help guide you to the proper policy for you .


Input: How Much Does The Average Life Insurance Policy Cost?

Output: Unfortunately there 's too many factors that go into premium pricing to say what an average plan costs.The risk class is the most critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends ona number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Keep in mind , every carrier has their own set of underwriting guidelines and mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- Also affecting the premium for a policy is the type of policy you 're looking to secure - how much coverage do you want/need and for how long do you want/need it guaranteed for -LRB- term vs. permanent -RRB- . Non-medical policies generally cost more than fully underwritten policies that require an exam because an insurance company is taking on more risk without having a full medical picture of you . Consult with an independent insurance agent/broker to see what plans are available and what structure would be best suitable to meet your needs . You can send me a private message by clicking on the `` contact me '' button if you would like quotes and assistance with your and your family 's life insurance needs .


Input: How Much Does The Average Life Insurance Policy Cost?

Output: Since life insurance pricing is all mathematical and companies are all using similar if not exactly the same information , the costs for policies should be similar as well . However , there are two separate steps to determine what your cost might be . The average cost is determined by historical data , but the underwriting process evaluates your application to determine if it is average or standard . If there are concerns that affect your longevity , the company might offer insurance at something other than standard rates .


Input: Can I Take Out Life Insurance On My Spouse?

Output: You can own a life insurance policy on anyone , including your spouse . In most cases your spouse must agree to the insurance , make application and qualify medically . Some carriers issue policies that can be applied for without the insureds knowledge or consent . You can be the beneficiary of your spouse 's life insurance as long as there is an insurable interest -LRB- which is almost always the case -RRB- .