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

Output: If your family member is just being treated for high cholesterol , then the answer would be no . Family medical history in life insurance underwriting generally focuses on whether a parent or a sibling of the proposed insured has developed heart disease or cancer prior to the age of 60 . Heart disease refers to items such as coronary artery disease , the placement of stents , bypass surgery , pacemaker , heart valve transplant , and other heart conditions . High cholesterol would not require a yes response . When looking for coverage , it 's important to compare multiple carriers for the coverage . Your full medical history will determine the risk classification you can qualify for - the risk class determines what the rates will be for coverage . In addition , every carrier has their own underwriting guidelines , meaning that each carrier can assign a different risk class to the same medical profile - one carrier may consider standard where another one may consider preferred . Your height/weight profile , prescriptions you 're taking , current conditions under treatment , conditions treated in the last 10 + years , any tobacco usage , and other factors affect the risk classifications carriers will consider . Determining the availability for preferred rates for your program would be best discussed with an independent insurance agent who can review your medical history , evaluate the risk class considerations , and compare a variety of options for you to make sure you 're securing the coverage at the lowest possible cost . Depending on how old the existing policy is , whether it 's term or permanent insurance , and what the premium is on it , you may want to consider securing a new policy that totals what the coverage would be if kept separately . Especially if it 's term insurance , a new policy would allow you to secure a new term rate guarantee where as the existing policy has fewer years remaining . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: How Long Will My Life Insurance Last?

Output: If you are asking the question how long the proceeds will last to the survivors at your death , that answer is dependent on what you want the life insurance to pay for or fund at your death and the amount of money a surviving spouse or child will need each month after you have passed on . If you are asking the question regarding life insurance products , whole life is designed to last to age 99 . Term life insurance will expire at the end of the policy term if not renewed or converted . Keith Prim - Dallas , TX 214-435-0791


Input: How Long Will My Life Insurance Last?

Output: First let me ask you if you purchased temporary Term coverage , or permanent , Whole Life coverage ? If it is Term , then , so long as you continue to pay the premium , it will last for the period you contracted for , as level term , and then the rates will rise considerably . 97 % of folks let their Term policy lapse before that ever happens . I always recommend Whole Life , because it last a lifetime , if you pay the premiums , and those premiums NEVER increase , and also it builds up cash value which you can borrow against , or take out tax free to pay for college , retirement , or a new home . While more $ at first , eventually it actually becomes less expensive than term , as its built up value can pay the premiums for you . A quality company can provide you with a variety of choices . Call me , Gary Lane , Agent , New York Life , 949 797 2424 . Thank you .


Input: How Long Will My Life Insurance Last?

Output: It all depends on what type of insurance you purchased . Whole Life plans typically run for your entire life . Universal Life will run provided you have not taken so much of the cash value that the policy runs out should you stop making payments on it . Term Life will last for the length of the term you purchased . With all of these policies you need to make your monthly payments or the policy could lapse and you would lose your coverage .


Input: Which Company Has The Best Disability Insurance?

Output: When reviewing your disability insurance options , you should be sure to understand the differences between company contracts . With disability insurance , the key to the contract is the definition of disability and definition and requirements of the policy benefits . All disability contracts are NOT created equal . When you 're buying a disability policy , the MOST important factor in the policy structure is theDEFINITION OF DISABILITY.Each policy will use 1 of the 3 definitions : 1 -RRB- True Own Occupation - this says you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation , even if you are at work in another occupation . In short , this is the most favorable definition you can have . Guardian offers this definition and is our group 's top disability company to write business with . 2 -RRB- Modified Own Occupation - this says that you are considered totally disabled if , solely due to injury or sickness , you are not able to perform the material and substantial duties of your occupation . This one is commonly seen in many individual disability insurance policies . 3 -RRB- Gainful Occupation - this says if you are unable to perform the duties of your occupation or any occupation for which you are qualified for by education , training , or experience due to sickness or injury . In short , this is the least favorable definition . This one is commonly seen in group disability insurance policies through an employer and property and casualty insurers that offer disability coverage . Disability insurance depends on a number of factors . The cost -LRB- your premium -RRB- is based on a number of factors - the most important being your medical history , your job , and your income - and the policies are very customizable . There are many moving parts to disability insurance and is not something I would suggest trying to buy on your own - this is a type of coverage you should consult with an experienced independent disability insurance broker about . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: Which Company Has The Best Disability Insurance?

Output: What is a good company for one person 's disability insurance , may not be a good company for another person 's disability insurance . For persons with certain health conditions , there are limited plans that are offered by a limited number of companies . There are also companies that specialize in disability insurance for physicians , for business owners , and for high risk workers . There is no one company that has the best disability insurance for everyone .


Input: When To Buy Home Insurance When Buying A House?

Output: If you are buying a house , and if you are obtaining mortgage financing to do so , either your Mortgage Broker or your Attorney will provide you with a list of required items that the bank will need in order to schedule your closing . One of the primary items on that list will be a requirement to show proof of insurance on your home beginning at least the date of the closing . More than likely you will also be required to show proof that you have paid the first year 's premium for the insurance in full . The best advice is to contact your Insurance Professional about the property purchase as soon as you can after having your offer accepted by the seller . It is never a good idea to wait until the last minute .


Input: When To Buy Home Insurance When Buying A House?

Output: If you are in the process of buying a home , contact your insurance agent . Your insurance agent will need to coordinate with the title company to make sure that the coverage meets the requirements of your lender . The insurance agent will also need to take pictures of the property . Since most homeowners policies are paid through impound transfers from the lender it is critical to coordinate .


Input: How To Get Blue Cross Health Insurance?

Output: Blue Cross operates under several names around the country so the exact carrier that you would be purchasing it through depends on where you live -LRB- e.g. Anthem Blue Cross Blue Shield , CareFirst Blue Cross Blue Shield , etc. -RRB- . You can buy the health insurance during the annual open enrollment period -LRB- starts in November this year -RRB- - if you have a qualifying event , you can purchase health insurance under a special enrollment period . I always recommend buying your health insurance through a broker as there are many products to choose from making the process of buying coverage confusing and very time consuming - insurance brokers do not charge fees for their services so you can only help yourself . If you prefer to do it on your own , you can complete the process through the health insurance exchanges via healthcare.gov . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much .


Input: Can I Unenroll From Medicare?

Output: You can disenroll from Medicare but consider the downside before doing so . If you disenroll from Medicare Part B and later decide to re-enroll you may have to pay a late enrollment penalty . The LEP is 10 % per year for every year you are not enrolled in Part B . If you disenroll from Part A you may also forfeit your Social Security benefits .


Input: What Is Medicare Plan J?

Output: Medicare Plan J is a plan that is no longer offered . The people who have Plan J can keep that plan the rest of their life if they want to . The current Plan F would be today 's equivalent . For those people who have Plan J it is important to get a Medicare Supplement review to determine if they can get similar benefits for less money . The premiums on Plan J could increase over time because that plan is no longer taking on new customers . The only way for it to generate revenue is to increase the premium to cover increasing medical expenses on a aging block of business .


Input: How Much Does The Average Person Spend On Home Insurance?

Output: The average cost of a homeowners insurance policy is going to vari from one geographic area to another . In my area I estimate that the average cost for a homeowners policy is about 700-1000 / yr.Homeowners insurance will vary depending on home values , claims history for the area , and many other factors . Contact your local agent to find out what coverage is available in your area and the cost associated with it .


Input: At What Age Does Medicare Start?

Output: For most people , Medicare starts the 1st day of the month you turn age 65 . You can sign up for Medicare Part A & B which covers about 80 % of the costs of care . You can also sign up for a Medicare Supplement plan -LRB- Medigap -RRB- to cover the difference . Medicare along with a Medicare Supplement is great health insurance . In addition , you can get a Medicare Part D plan to cover your prescription needs .


Input: At What Age Does Medicare Start?

Output: For most people , Medicare starts when you turn age 65 . It can start earlier if you are disabled under Social Security definitions and are receiving SSDI . It can also begin before age 65 if you have ALS -LRB- amyoptropic lateral sclerosis -RRB- or ESRD -LRB- end stage renal disease -RRB- . Your Medicare Part B can begin later if you are covered under a group health insurance plan .


Input: Is it common for landlords to be interested parties on tenants' renter's insurance?

Output: As astute landlord will require that a tenant provide liability insurance and name the landlord as an additional insured . The liability insurance is normally contained in a renters policy . This makes it easy to handle a claim . Without this clause the claimant could sue both the tenant and the landlord .


Input: Is it common for landlords to be interested parties on tenants' renter's insurance?

Output: That 's a great question ! Lol , the smarter ones will want to know ! They are also protected when you have insurance , and left with increased risk when you do n't . Put yourself in the landlords shoes - if a tenant is willing to try to get coverage only long enough to get the apartment and then drop it , are they really a tenant that the landlord wants ? Probably not . A landlord that wants to know is conscious of everyone 's safety , and that 's ultimately a good thing . Thank you for asking !


Input: What Should Be Included In Your Retirement Plan?

Output: Each person 's retirement plan is different . The makeup should be based on what defined pensions -LRB- if any -RRB- you have along with what other sources you are utilizing . Naturally , a matching 401K is a great foundation along with other diversified safe assets . A full-time financial planner or broker -LRB- not marketers , advertisers , media persons or unlicensed representatives -RRB- will offer some great ideas including what mutual funds -LRB- if any and why -RRB- should be used , annuities , bonds or other investment instruments .


Input: Can You Use A PO Box For Car Insurance?

Output: As a mailing address yes , but not as your physical address . In almost all cases your auto insurance rates are based in part on your physical address zip code . To ensure that you are receiving the proper rate for the risk that the carrier is accepting when providing you with coverage they need to know where you garage your vehicle amongst other information .


Input: Can You Use A PO Box For Car Insurance?

Output: I am not aware of any insurance carrier that would be willing to accept a client using a PO Box as an address of residence . If you are using the PO Box for mailing purposes only , then you may be able to use the PO Box for auto insurance mailings .


Input: Can You Use A PO Box For Car Insurance?

Output: The car must have a household attached to it . That means that a physical address is necessary . That doesnt mean that correspondence needs to go to that address . You can establish a P.O. Box for correspondence . The place that you call your domicile is the address that the insurance company is looking for .


Input: Who Should I Talk To About Life Insurance?

Output: You should interview independent life insurance agents or life insurance licensed registered representatives . Career agents may have access to life insurance products through brokerage outlets , but they generally attempt to sell their proprietary products , which rarely are competitive in the brokerage market place . Vetting the right adviser is part of your financial plan , so plan wisely with the right planner .


Input: Who Should I Talk To About Life Insurance?

Output: Find a good local experienced independent agent in your area who can sit down with you , discuss your needs and goals and help you find the plan that is affordable for you . Do not bow to high pressure sales tactics . Find someone you are comfortable with . You may want to interview a few agents before deciding on the one you want to do business with . A good agent will be looking out for YOUR interests . Find someone who has been in the business for a while , who knows the plans and options available to you .


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

Output: Life insurance is extremely affordable for a newborn baby as Peggy pointed out . Another affordable avenue is to add a child life rider to your adult life insurance especially if you have or planning to have more children . A child life rider can be purchased for as low as $ 4 per month for $ 10,000 per child all for the same low price with no limit on the number of children covered .


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

Output: Congratulations on your newborn -LRB- or newborn to be -RRB- in the family ! You will be able to get life insurance on the baby when he or she is about 15 days old . It will cost approx $ 3 to $ 10 per month for $ 10,000 of Whole Life . The rate depends on the gender of the baby , and also on the life insurance company , and features of the policy you get .


Input: Can Minor Be Beneficiary Of Life Insurance?

Output: Yes , as Peggy mentioned you can name a minor as a beneficiary , however , you would be better served by at the very least leaving it in trust for a minor . Setting up a formal trust expressing your wishes would be preferred . In Canada , since you can direct that the proceeds be paid in the form of an annuity this should be explored . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Can Minor Be Beneficiary Of Life Insurance?

Output: A minor can be the beneficiary of a life insurance policy ; however , the court will appoint a financial guardian to oversee the distribution of the death benefit to the child , unless that has been taken care of in another way . It is better to leave the proceeds to a trust , or to the person who would become the legal guardian of the child .


Input: How Much Does It Cost To Get Car Insurance For The First Time?

Output: There are many factors that contribute to car insurance rates . Experience is one of them but it is n't weighted as heavy as other factors such as credit , driving history , and claims history . Another factor that will weigh heavy on rating would depend on if you are getting insurance for the first time because you just purchased a car or getting it for the first time while owning a vehicle for an extended period of time . As long as you can show proof -LRB- i.e Bill of Sale -RRB- that you made the car purchase without a trade in , most companies will not apply a tremendous surcharge . I recommend that you shop around because every company is different in their standards . I would stick with face-to-face quotes so you can ask all the questions that you have on your first insurance purchase . insurance is one of the few things that a human will outsmart a computer at anytime .


Input: Is Durable Medical Equipment Covered By Medicare?

Output: Yes , durable medical equipment -LRB- DME -RRB- is covered by Medicare Part B . The durable medical equipment must be medically necessary , prescribed by your doctor , and used in your home in order to be covered by Medicare . It also must be durable , not useful to someone who is n't sick , and is used for a medical reason .


Input: Who Owns New York Life Insurance?

Output: New York Life Insurance is a highly rated mutual life insurance company that is owned by their policy holders . During a period of demutualization , New York life considered moving to a stock company and would have been obligated to their shareholders . Their blue chip balance sheet is a leading example of financial strength and claims paying ability among carriers as well as to their policy holders .


Input: What Is Retirement Plan Distribution?

Output: When you look at retirement planning think of it as 4 phases . 1 . contributions 2 . accumulation 3 . distribution 4 . transfer . Contribution means how much money will i save each year in my savings vehicle . For example if i have a 401k and i decide i 'm going to contribute $ 5,000 a year that 's my contribution . Accumulation means my $ 5,000 will grow over time in my 401 k savings vehicle.for example $ 5,000 grows in 20 years @ 7 % would add up to $ 219,325 . Distribution is i have saved $ 219,325 in my 401k account , I 'm retired now and i need an income . You decide you want to take out 10 % of 219,325 . Your withdrawal would be $ 21,932 . Now you can have early withdrawals but you have to be aware of which savings vehicle you have because there might be penalties and fees for early withdrawal depending on your age.Some savings vehicles have no penalties . You might want to look at different savings vehicles tha t suite your needs . Transfer is passing your money and assets to your kids , charity , or church when you pass away . Or maybe you have everything put into a trust .


Input: What Is A Good Estimate For Homeowners Insurance?

Output: Great question . A home insurance policy cost on average about $ 300 - $ 900 a year . It also depends on a multible factors such as your home location . The age of your home . And some companies check your insurance score to determine price . Good Luck you may also want to call your local independent agent for a quote .


Input: What Happens When You Apply For Health Insurance?

Output: To add to what Barry said , the typical timeline is anywhere between 2-6 weeks before everything falls into place . The time is influenced by the current volume of applicants and if everything is complete on the application , and if the payment goes through etc. . The typical steps are : 1 . Application submission . 2 . Review for eligibility . 3 . Notice of approval and request for payment . 4 . Payment clears . 5 . Enrollment in to coverage . 6 . Issuance of ID card and coverage contract .


Input: What Happens When You Apply For Health Insurance?

Output: This a great question since everything has changed beginning January 1 , 2014 . Since all individual health insurance is guarantee issue an insurance carrier can not turn you down and therefore will not ask any medical questions . Once the application is complete carriers will review it to make sure it is complete and you have chosen a plan . At that point it is approved . No more medical questions , no more waiting for doctors to reply for more information .


Input: Is Renters Insurance Per Person?

Output: Renters insurance typically covers the insured and the insured 's immediate family living within the covered premise . If there are other tennats within the rented premise that are not immediate family members then they should secure their own renters insurance coverage . Remember that every policy is different , please read your policy completely to understand the coverage provided and any exclusions that there may be .


Input: Is Flood Damage Covered Under Homeowners Insurance?

Output: One word - No . Damage caused by Flood is a specific and extremely common if not universal exclusion in Homeowners policies . Though it may be possible to endorse your policy to cover damage caused by a failure of a drainage system , there is no endorsement for flood . That protection is only available by purchasing a Flood Insurance policy


Input: Does Health Insurance Cover The Lap Band Surgery?

Output: Some health insurance plans will cover a percentage of the cost of bariatric surgeries -LRB- including lap bands -RRB- - you would be responsible for the difference . Please note , plans that provide coverage for it may have certain requirements be met for the plan to pay a benefit so you may want to verify with the carrier what/if they will pay for a portion of the surgery . If you 're unsure whether your health plan provides coverage for the procedure , you can check the language inside of your policy , or contact your agent/the carrier to find out . I hope the information is helpful - please feel free to contact me for assistance with your program and if you have any other questions . Thanks very much .


Input: What Is A Non Registered Retirement Savings Plan?

Output: In Canada , if a plan is a Registered Retirement Savings Plan . the the contributions are tax deductible and the plan grow tax deferred . The withdrawals are taxable and must start before the end of the year in which you turn 71 -LRB- based on current legislation -RRB- Other tax advantaged plans can be used to save for retirement and they would be non registered . If you would like to work with a local Retirement Planner , you could start with a Google search . For example , if you search for : retirement planner Halifax or retirement planning Halifax , my name , along with several others , will come up . You can use the same method to find Retirement Planners in your community . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me .


Input: What Is A Non Registered Retirement Savings Plan?

Output: There are non qualified , non registered retirement savings plans . Currently , one of the most popular plans is a non modified endowment contract featuring current assumption universal life with three crediting methods to choose from : interest rate crediting , indice crediting and separate sub account crediting using equities and bonds investments .


Input: How Long Does It Take To Get Money From A Life Insurance Policy?

Output: Normally , it can take as little as a week or two to receive death proceeds of a life insurance policy from the time the insurer receives a claim form and the death certificate . In the event of death in the first two policy years , the insurer will need more time to investigate the claim as death occurred within the two year contestability period of the policy .


Input: How Long Does It Take To Get Money From A Life Insurance Policy?

Output: You can anticipate a wait of one to two months to get money from a life insurance policy , although it could be shorter , and -LRB- rarely -RRB- longer . To expedite it , order enough certified death certificates at the time of death to cover all policies you may find . Call your agent or the insurance company to have them email you the death claim . The sooner they receive these items , the sooner the life insurance proceeds will be paid .


Input: Can You Take Out Life Insurance On Other People?

Output: You can take out life insurance on other people if you have an insurable interest in their lives . I.e. . Their death would affect you financially , in a negative way . The life insurance is to make up for that loss , not to make a profit on their death . They must give permission for you to take out life insurance on them .


Input: Who May A Single Premium Immediate Annuity Be Appropriate For?

Output: A single premium immediate annuity may be appropriate for someone who has an adequate amount of savings for retirement , but who wants to supplement their income . Anyone who has a lump sum of money which they do not need access to , and who would like to have it structured to provide additional income on a regular basis , couple possibly benefit from a single premium immediate annuity .


Input: Who Should Enroll In Medicare Part B?

Output: The only persons who may not want to enroll in Medicare Part B are those who have a group plan that has features better than Medicare Part B , and for which the group policy would be the primary payer . There is no penalty to wait until your group plan ends , to sign up for Part B Medicare . If you are an active duty service member and age 65 , you could also wait to sign up for Part B. For everyone else who qualifies , enrolling in Part B is reasonably priced and something you have paid into . Unless you have moral reasons against it , prefer private coverage , or are able to insure yourself , I know of no reasons to not enroll in it .


Input: Does Life Insurance Have To Go Through Probate?

Output: Life insurance that is left to a person as beneficiary does not have to go through probate . A check is sent to the beneficiary shortly after the death claim and certified death certificate are sent to the life insurance insurance company . On the other hand , if the estate is set up as the beneficiary , or if the beneficiaries stated on the policy are not alive at the time of the death of the insured person , the proceeds would go to the estate and then , through probate .


Input: Does Life Insurance Have To Go Through Probate?

Output: Typically , when the beneficiaries of your life insurance policy are listed in the proper manner , the proceeds from life insurance pass to the listed beneficiaries directly . This means the process of the paying of any life insurance benefits happens outside the probate process . I hope this helps . If you have anything more specific you 'd like to ask . Please do .


Input: Does Life Insurance Have To Go Through Probate?

Output: In Canada , typically if the beneficiaries of the policy are individuals then the proceeds of the policy do not need to go through probate . If the beneficiary is the estate then the proceeds will have to be probated and subject to claims of creditors . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: Does Life Insurance Have To Go Through Probate?

Output: One of the big advantages of life insurance is that it does not have to go through probate . My father died about a year ago , and he had several small life insurance policies . My mom was truly surprised that she had quick access to those funds to pay for Dad 's funeral , without having to wait for probate -LRB- which still has not been completed , as far as I know -RRB- . And surprised again when she just found out for sure that she did not have to pay any taxes on them . No matter how much you trust your agent , it is collecting on life insurance that can make believers of anyone .


Input: Does Life Insurance Have To Go Through Probate?

Output: If there is no beneficiary cited on a life insurance policy -LRB- or the beneficiary is the estate -RRB- , the proceeds are paid to the estate . From there , they will go through the probate process if there is no instruction for how the proceeds are to be distributed - when this happens , the courts would decide how the estate is to be distributed . If a beneficiary is designated , then the proceeds would be paid to that person -LRB- s -RRB- / entity rather than going through the probate process .


Input: Does Life Insurance Have To Go Through Probate?

Output: Life inusrance policies have designated beneficaries , so itdoes n't go through probate . Unassigtned assets generally go through probate . Qualified retirment plans also have assigned beneciaires , so those assets also by pass probate . It 's important to consult with an estate or probate attorney before retitling ownership or the reassignment of any beneficaries .


Input: What Do I Do About Insurance When I Buy A New Car?

Output: It is going to be important to be in touch with your Insurance Professional because , as my colleague said , in order to purchase the vehicle , the dealership is going to need proof of insurance on that vehicle in order for them to complete the registration of it for you . You or your dealership will need to provide the year , make , model and Vehicle Identification Number -LRB- VIN -RRB- . Further , if you are leasing or financing , the financial institution needs to be named on your policy and proof provided in order to complete your transaction . If you are financing the purchase , the finance company has an interest abd will need to have proof that you have both Comp and Collision coverage . Leasing is similar , however , in addition to the two physical damage coverages I mentiond , they also require that a certain amount of Liabilitry protection be provided by your policy . Here in CT it is common for the requirement to be $ 100,000 / $ 300,000 or more for Bodily Injury and $ 50,000 or more for Property Damage .


Input: What Do I Do About Insurance When I Buy A New Car?

Output: Typically when you buy a new vehicle the dealership will require proof of insurance before you leave the lot . That means that you would call your current agent or your auto insurance carrier 's main number and let them know about the purchase of the new vehicle . When you call you should at minimum have the VIN number for the vehicle handy , the carrier will need it to properly identify the vehicle . If you are using this vehicle as a replacement for another you will have to advise your agent or carrier of this .


Input: Can You Borrow Money From Your Retirement Plan?

Output: Borrowing money from your retirement plan for emergencies can be helpful , but it shouldnt be used as a bank . Qualified retirement plans have their own regulatory rules of engagement for accessing plan participant money . Qualified plans charge interest , generally require repayment at employment termination or transfer of funds . If qualified pan money is deemed received it will trigger an ordinary income tax event and a 10 % penalty if youre under 59 . Non-qualified retirement plans that use a TAMRA compliant non modified endowment contract can borrow accumulated cash values at a low or no interest as the long as the policy is kept in force for the life of the insured .


Input: Can You Borrow Money From Your Retirement Plan?

Output: Can you borrow money from your retirement plan ? Well , it 's going to depend on what type of plan you have . Some plans do allow for the request of borrowing from your account , but should you ? There are considerations to be made if this is something you are thinking about are issues like removing money from your account that could be earning a greater return than the rate you 're borrowing from . In other words you 're taking out money earning 8 % and paying it back at 4 % . Also if you separate employment the loan becomes a distribution and is considered taxable income with a possible early withdraw penalty .


Input: Is Having A Pension Plan Worth It?

Output: This is a very subjective questions and depends on circumstances . For the recipient of pension benefits , the question would be if working at the employer who provides the pension is worth having the benefit -LRB- i.e. are you paid enough in regular salary and have adequate benefits as well as are your working conditions worth keeping the job to receive eventual pension benefits -RRB- . For employers the question would be is the cost of providing the pension benefits justified by that benefit 's ability to attract and retain high quality and talented employees .


Input: Is Van Insurance Cheaper Than Car Insurance?

Output: Every vehicle has an assigned symbol . That symbol is based on the average cost of claims for that particular vehicle . Occasionally that symbol will change as there is increased claims experience . That symbol is part of the formula that determines the rate charged for your particular vehicle . An insurance agent can give you specific information .


Input: Is Van Insurance Cheaper Than Car Insurance?

Output: There are not enough details to even try to provide an educated guess on the question . The term `` van '' are you refering to a mini-van , a conversion van , a cargo van , or are you talking about an industrial truck or semi that are sometimes refered to as `` vans '' ? The best way to find out the rates for certain coverages on certain vehicles is to contact your local agent to have them get you pricing .


Input: Does Medicare Pay For IV Antibiotics At Home?

Output: No unfortunately Medicare does not pay for IV Antibiotics or almost any infusion therapy done in one 's home . The only exception is IVIG -LRB- Intravenous Immune Globulin -RRB- for people with a diagnosis of primary immune deficiency disease , although then it only covers the globulin itself .


Input: How Does An Annual Deductible Work For Health Insurance?

Output: A deductible is the amount of money that you would pay before your health insurance kicks in . For example , if you have a $ 3,000 deductible and need to go to the hospital then you would pay the first $ 3,000 . Your insurance would kick in after that . For folks age 65 and over that are on Medicare along with a Medicare Supplement it will work a little differently . The deductible on most of the plans would be smaller and for doctors and tests not the hospital . I would be happy to answer any other questions you have .


Input: Where Are Premiums From Fixed Annuities Invested?

Output: Life and annuity companies generally purchase investment grade government bonds as their dominant portfolio position . Similar to a bank , an insurance company attempts to generate a return from their portfolio , keep a portion of that return for their profit margin and pass on the rest to it 's policy holder .


Input: What Is The Biggest Life Insurance Company?

Output: The largest life insurance company in the United States -LRB- by assets -RRB- is presently the Metropolitan Life Insurance Company -LRB- aka MetLife -RRB- . MetLife is not the world 's largest life Insurer . The largest life insurer in the world -LRB- again by assets -RRB- is the Japan Post Insurance Company .


Input: What Is The Biggest Life Insurance Company?

Output: MetLife is the biggest life insurance company in the United States and Mexico . Metropolitan Life -LRB- MetLife -RRB- is the fourth largest insurer for life insurance in the world . Prudential Financial is just under Metropolitan Life in size in both the United States and the world markets for total company assets .


Input: Will I Get A Refund If I Cancel My Car Insurance?

Output: While of the `` unearned '' premium should be returned when you cancel your car insurance , it would be important to know why you are cancelling your car insurance.If there are no other cars in your household and you are not considered an insured on another comparable auto insurance policy , you may wish to consider `` Non-owned Auto '' coverage . This type of policy covers you for liability and physical damage while you are operating a car you do not own -LRB- borrowed , rented , etc. -RRB- and may provide uninsured/underinsured coverage to you when you are a pedestrian or riding in someone else 's vehicle . Not owning a car does not mean you no longer have an auto related exposure .


Input: Will I Get A Refund If I Cancel My Car Insurance?

Output: You can receive a refund ONLY IF there is time left on your policy . Insureds are due back any unearned premium that insurance companies do not use . The premium is earned when then insurance company indemnifies you for the policy period . So , if you cancel your policy before the end of the policy period , then you will get back the unearned premium . The premium will be returned on a pro rata basis . For example , if you policy period is 6 months and your premium is $ 600 and you cancel after 4 months , then you will get roughly $ 200 back . I hope this helps .


Input: Will I Get A Refund If I Cancel My Car Insurance?

Output: If you cancel your car insurance you may be entitled to a refund , but you should discuss it with your Insurance Professional . The amount of refund will be dependent upon the amount you have paid and the length of time the policy has been in force . If , for example , you have a six month contract and have paid it in full , then if you cancel after three months you would receive about half of your money in return . Cancel after 5 months and you will receive about a month 's worth . If on the other hand you pay half and then choose not to pay your next quarterly installment , your policy 's grace period will kick in and you will continue to have coverage for a specified period of time . If you then cancel the policy while in that grace period , instead of a refund , you will owe for the extra coverage provided .


Input: Does Insurance Cover Wigs For Cancer Patients?

Output: Critical Illness insurance pays a lump sum to the insured person upon diagnosis of a qualifying disease . Cancer is one of the commonly covered illnesses , and cancer that requires chemotherapy or radiation is usually covered . The lump sum that is paid to the insured person can be used however they wish , including to buy wigs .


Input: Why Would An Insurance Company Deny Life Insurance?

Output: The main reason -LRB- s -RRB- a life insurance would deny Life Insurance are : 1 -RRB- Medical Issues -LRB- pre-existing conditions -RRB- 2 -RRB- Your financials do not warrant the benefit amount you are seeking If they deny due to medical reasons , you could apply for a `` simplified issue '' product . This is not guaranteed , but there is no paramed -LRB- medical exam -RRB- so it may be easier to get issued . Of course , the premium is higher , but it may be an alternative .


Input: Why Would An Insurance Company Deny Life Insurance?

Output: In my business as an impaired risk life insurance agent , we have a lot of people come to us who have been denied life insurance elsewhere . I have found these to be the top five reasons that they were declined : 1 -RRB- The product they applied for was not meant to cover their health condition 2 -RRB- The application had missing or incorrect information 3 -RRB- Something was on their medical records that they were not aware of 4 -RRB- Complete records or other underwriting requirements were never received by the underwriter 5 -RRB- Everything was done correctly but the person 's health just did n't warrant approval This article has some tips to help you avoid those declines : WEBSITELINK


Input: How Much Is For Car Insurance?

Output: How much is for car insurance ? Hmmm . What is this person attempting to ask ? How many people like auto insurance ? No , I think they mean something else . How much does it cost ? Yes , that 's probably it . Rates vary , depending on your age , location , driving record and vehicle . As experienced brokers , we 're always happy to shop for the best rates and show you the lowest prices . LIVE -LRB- 2014/2015 -RRB- Answer provided by : Ed Harris - Premier US car insurance broker for 33 years and owner of several top-rated websites where consumers find the lowest available rates .


Input: How Much Is For Car Insurance?

Output: The price of car insurance is governed primarily by the losses sustained by the group of automobiles the insurance company insures . Actuaries analyze losses and determine factors which predict the possibility of claims . For example there is solid evidence that youthful , inexperienced drivers have more accidents than the general population . The insurance company will develop a rating plan that will consider the experience of the driver . We also know that the more miles that we drive , the more likely we are to have an accident . That is why companies often go into great detail over the odometer reading .


Input: Does Renters Insurance Cover Slip And Fall?

Output: You renters policy has an entire section devoted to liability insurance . It states that the company will pay any sum that you are legally liable for . If someone other than a resident of the home is injured on your premises , your company will act on your behalf . These claims can be a minor inconvenience to a major headache and are actually the best reason to have a renters policy .


Input: How To Get Public Health Insurance?

Output: Public health insurance -LRB- through government sources -RRB- is available if you qualify . Typically , it is based on income and perhaps other qualifications . Contacting your local Medicaid office is a great start to see if you meet their guidelines . If you do n't , they can refer you to a program that could assist you .


Input: Who Has The Best Annuities?

Output: There are three basic crediting methods used by non-qualified tax deferred annuities . The first is fixed interest rate crediting methods of 5 , 7 and 10 year guaranteed rates . Sentinel has a leading 5 year fixed interest rate . The second is the use of indice crediting methods , both domestic and foreign . Genworth has an innovative earnings rollover product . The third is separate sub accounts which use equity and bond instruments in variable annuities . Because these accounts are market driven you can lose money . Currently the variable annuity feature of the income rider is attractive for investors with an established risk tolerance . There are many competitive variable annuity contracts available . Prudential is one of the leading manufacturers of variable annuities .


Input: Why Not To Get Long Term Care Insurance?

Output: The biggest reason to not get long term care insurance is if you can not afford it . If you are scraping by on Social Security income only , you probably can not afford long term care insurance . However , if you have a lot of assets that you want to pass to your heirs , they could pay the premiums for a long term care policy for you . If you have few assets and low income , that is a good reason to not get long term care insurance .


Input: How Does Type Of Car Affect Insurance?

Output: Each automobile is assigned a symbol based upon its year , make and model . The symbol reflects the anticipated cost of paying claims on that vehicle . Vehicles with a high horsepower to weight ratio tend to have a higher incident of claims than 4 door sedans with 4 cylinder automatic engines . This approach tries to make the collection of premium reflect the actual cost of insuring a particular car .


Input: How Does Type Of Car Affect Insurance?

Output: The type , age , model year etc. of aa car may certainly affect the amount of premium a company charges to insure it . A new car for example , will usually cost more to insure than an older car in part because if the value of the car itself . Likewise , the type and weight of a vehcle may make a difference as well . Insuring a Dodge Ram pickup fr example will cost more in liability premium than a Hyudai Sonata because a pickup can cause more damage and potential injury because of it 's increased mass and weight . An insurance compoany uses many different factors in order to develop what they believe is the proper premium to reflect the risk that they are asked to insure .


Input: If you have $500,000 in jewelry (through inheritance) and art and you live in a $500,000 house, can you insure all the jewelry and art?

Output: Yes , of course , but there are some things an insurer may require . You stated through inheritance . That is good because an insurer would be curious how someone with a 500,000 house can afford to purchase 500,000 in jewelry Many states , do not require companies to file rates on what the industry refers to as `` Inland Marine '' coverage.So , there is often a willingness to insure a schedule of jewelry at a specific price point the insurer deems adequate.Lastly , many insurers have multiple rates for jewelry if yours will to put the carrier on notice of an item being put in a bank vault and then taken out , then an insurer will use what are referred to as `` Bank Vault rates '' while the property is in the Bank 's Vault and charge another rate if the item is out


Input: Why Should I Get Term Life Insurance?

Output: Most people choose term life because they get a higher coverage amount for each premium dollar spent . The other time when term is used most efficiently would be to ensure financial stability . For example , let 's say you have 10 years left before you and your spouse retire . In that time , you plan to be heavily funding your savings and retirement plans to meet your needs in your later years . If you pass away before that happens , your spouse might be left with minimal funds to live on . A 10 year term policy would ensure that the funding is completed whether you live or not . Another example is when your kids are approaching college age and you do not have a large amount of savings set aside already . Many people plan to ` pay as they go ' with the college expenses , but what would happen if you passed away before that ? Term insurance could make sure the financial obligations for their education could be met .


Input: Why Should I Get Term Life Insurance?

Output: That is a great question ! Why should you get term insurance ? There are three good reasons . The first would be that it is the most affordable coverage that you can get . Notice that I said `` affordable '' , and not `` best '' . If you need $ 100,000 worth of insurance , and can not afford a whole life policy for that amount , then a term policy is certainly better than no policy at all . The second is if you are only looking to cover a short term debt , like an expected 5 year college debt . It does n't make sense to purchase a whole life policy to cover a debt that you will pay off in a short amount of time . I hope that helps , thanks for asking !


Input: Why Should I Get Term Life Insurance?

Output: Without knowing more about you , it is impossible to know whether you should get Term Life Insurance . The type of life insurance you should get , or whether you should get life insurance at all , is best determined in a consultation with an experienced agent who can help fit the product to your needs and budget . This can be done in person , over the phone , or even by email . But one size does not necessarily fit all , and talking over your situation with someone who can help you sort through the thousands of products can be extremely helpful . Generally speaking , though , there are two main characteristics of someone who should buy Term Life : they needa lot of coverage for the least possible cost now , and they will not need as much -LRB- or any -RRB- life insurance in the distant future .


Input: Why Should I Get Term Life Insurance?

Output: The simply rule of thumb to purchase term life insurance is to create an instant estate in case of the primary wage earners untimely death . You want to purchase enough to pay off your loved ones debt , replace your income and if young children are involved enough to educate them . The simple rule of income replacement is 10 times your income to invest .


Input: Why Should I Get Term Life Insurance?

Output: Term life insurance is needed when you have a temporary debt that you do n't want others to be burdened with such as a home mortgage , car loans , credit card debts , college tuition , etc. . Coverage for items such as income replacement and leaving a legacy to your family should ideally be covered by a permanent life insurance policy . I would recommend consulting with an experienced independent life insurance broker who can work with you on a personal level to help you determine how much coverage you should have in place and how long you should have it for . Since budget is an obvious concern for most , many people will create a coverage structure that will best serve their needs even if it can not cover everything . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much .


Input: Does Health Insurance Cover CBT?

Output: I am assuming when you say CBT you are referring to Cognitive Behavioral Therapy which most of the companies provide reimbrusement for which means you will have to pay the bill and then submit the bill to the insurance company unless the therapist agrees to bill the insurance for you . Have you found this coverage in your policy ? Have you called the `` customer serivice '' number and ask them ?


Input: Does State Farm Auto Insurance Cover Rental Cars?

Output: State Farm auto insurance policies will provide a substitute transportation benefit -LRB- rental cars -RRB- in the event of an accident or covered claim . You may have to add a rider to the policy to obtain that coverage . When you are driving that replacement vehicle , many of the benefits of your own State Farm vehicle transfer to the vehicle you are renting . Of course , you should always check with an experienced car insurance broker for specific information , and you wish , free quotes from multiple carriers .


Input: What Happens To My 401K If I Die?

Output: You company should have on file a beneficiary form from you . The money will be sent to the appropriate beneficiary . If your beneficiary does not survive you the money will revert to your estate and potential probate . Keeping the beneficiary designation current is often overlooked and many people have been shocked when the pension they expected to come to them goes to a former spouse .


Input: Who Can Get Long Term Care Insurance?

Output: Anyone can apply to get long term insurance , however there is underwriting involved . Unlike with life insurance , where the insurance companies figures out how long before you die . With LTC insurance , the insurance company figures out how long you will live . Underwriting can be difficult to pass if you have a history of health problems . Many Annuities now come with Long Term Care riders , in the event you need to go into a nursing home , where the account value doubles , or triples . Also a new type of life insurance policy allows an accelerated death benefit , in the event you have a critical illness , or need to go into a nursing home . This policy allows you to take part of your death benefit , while leaving something to your beneficiaries .


Input: Does Medicare Cover Cymbalta?

Output: Cymbalta is a prescription drug so it would not generally be covered under Original Medicare -LRB- Parts A & B -RRB- - you can use the plan finder tool on the Medicare.gov website to see what prescription plans will cover the medication as well as enroll in a plan -LRB- if an available time to - e.g. having a special enrollment period or it 's the annual enrollment period -RRB- .


Input: Can Minors Be Beneficiaries On Life Insurance?

Output: Minors can be beneficiaries on a life insurance policy . Most of the time minor children are contingent beneficiaries as a backup to their parents if both were to die . But just because you can do it doesnt mean you should it . When minors receive death benefit proceeds after both parents have died custodial control and/or guardianship can arise . The creation of a trust could be a better alternative . Consult with an attorney before placing minor children as beneficiaries on your policy .


Input: Can Minors Be Beneficiaries On Life Insurance?

Output: Yes , minors can be beneficiaries on life insurance . If the insured person passes away while the child is still a minor -LRB- under age 18 in some states , under age 21 in others -RRB- , the death benefit must be managed by an adult until the child reaches the age of adulthood . This helpful article describes some ways of legally handling this situation . WEBSITELINK


Input: Does Homeowners Insurance Cover Attic Mold?

Output: Generally NO . Property insurance does not cover problems that occur over time . And mold in the attic or anywhere is the result of long term unremediated moisture exposure and considered a maintenance issue . Some insurers provide limited mold remediation subsequent to a covered water claim but no stand alone coverage for the mold issue itself . Check with your insurance professional for a detailed explanation .


Input: Does Homeowners Insurance Cover Electrical Wiring?

Output: The key word to remember in connection with a homeowners policy is damage . The policy is not designed to correct deficiencies or pay for routine maintenance . Wiring does have a special place in a homeowners policy in that when there has been damage from a covered source the work of restoring the property might include changes in the wiring and plumbing to meet the requirements of the current building code . Additional coverage to pay for that expense can be added to your homeowners policy .


Input: Does Term Life Insurance Have A Surrender Value?

Output: That is a great question ! Term life insurance policies are cheap because they have no extra 's and a definite point on the calendar where they end . Whole life policies have more moving parts , and an indefinite end point , so are more expensive . One of those moving parts is the cash value aspect . Since term policies do not have this aspect , they have no surrenderable value . The premium that you pay for your term policy pays only for the cost of your insurance . I hope that helps , thanks for asking !


Input: Does Term Life Insurance Have A Surrender Value?

Output: Term Life Insurance does not have a surrender value because this type of policy only provides death benefit coverage . There is no inside cash accumulation in a Term Life policy which is something that you would find in a form of Permanent Life Insurance . If the term policy that you have no longer meets your needs , talk to your Insurance Professional about other options that may be available .


Input: Does Term Life Insurance Have A Surrender Value?

Output: Term Life Insurance does not have a surrender value unless it is ROP -LRB- Return of Premium -RRB- Term . ROP Term will pay back some of the premiums that you paid in if you surrender the policy after at least half the term has passed . If you keep the policy for the entire term , it will usually pay back all the premiums you paid in .


Input: Does Term Life Insurance Have A Surrender Value?

Output: No - with term life insurance , these policies do not build cash value so there is no surrender value if you terminated the coverage . If you wanted to terminate your policy , you could either call the carrier to request it be ended or stop paying the premiums and the policy will lapse on its own . Please note , before terminating your policy , I would highly recommend consulting with your agent to discuss and see if there are any reasons why you should keep it . For example , if the premiums are no longer affordable , you may be able to reduce the face amount of the coverage to lower your premium and keep some level in place . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much .


Input: Which Health Insurance Covers Hearing Aids?

Output: It is best to approach the need for hearing aidsbeing covered byhealth insurance coverage with very low expectations . While there are variations from state to state and from one health insurance carrier to the next , asa general rule it is probably best to start out with the assumption that hearing aids will not be covered . Then do your homework on your policy or the ones you are considering when it comes to coverage or non-coverage for such devices . In my experience , coverage for hearing aids in individual major medical plans has been and still is an excluded coverage . The same is true for fully insured group policies that I have been familiar with . Sometimes , a self-insured employer may include coverage for hearing aids in their plan designs but even this is rare in my experience . Oddly enough , this appears to have been a coverage area overlooked by the Affordable Care Act as well -LRB- a head scratcher when you consider all the other things they mandated coverage for -RRB- . There are stand alone specialty insurance products that individuals and groups can purchase that provide some coverage for hearing aids so it is possible that some people can address their needs in this manner . I am responding with just ordinary hearing loss and hearing aid issues in mind . The issues can get much more complicated in the cases of infants with issues from birth and the growing use of cochlear implants where arguments over medical necessity are much easier to get into .


Input: Who Is The Beneficiary In Life Insurance?

Output: The beneficiary in a life insurance policy is the person or entity that will receive the death benefit when the insured person passes away . The primary beneficiary is the first person in line for the death benefit . The contingent beneficiary would receive the life insurance proceeds if the primary beneficiary is not alive .


Input: Who Is The Beneficiary In Life Insurance?

Output: Life insurance is used to protect family members , business associates or charitable organizations of the policy insured from financial liabilities and future obligations . If the event that the policy insured dies death benefit proceeds are paid to the policy beneficiaries like family members , business associates , charitable organizations and even irrevocable life insurance trusts .


Input: When Are Annuities Paid?

Output: With the exception of single premium immediate annuities and deferred annuities that are annuitized for the life of the annuitant , annuities generally have maturity contract dates or time certain periods . Annuities contracts that mature can either rollover to another contract period , 1035 exchange to another annuity or take some form of distributions .


Input: How Is A Roth IRA Better Than A 401K?

Output: How is a Roth better than a 401k ? Well it 's not a matter of better , it 's a matter of different . Both a Roth and 401k give you tax deferred savings , they just differ on when taxes are applied . A 401k allows contributions to go in pre-tax and grow tax deferred . When those funds are withdrawn they are income and subject to taxes in what ever bracket you 're in . A Roth does the opposite , you pay taxes on your contribution and it grows tax deferred , then distributions from your Roth are done without any tax implication . So the question of one over the other is do you think taxes will be higher or lower when you begin to withdraw funds ?


Input: How Is A Roth IRA Better Than A 401K?

Output: An employer sponsored 401 -LRB- k -RRB- might have employer contributions which would certainly make it a wonderful enhancement to your retirement . Your contributions to a 401 -LRB- k -RRB- are usually before tax , so that reduces your current income tax . A Roth IRA , on the other hand is paid with contributions that are not currently tax deductible . Both plans accumulate money on a tax deferred basis . There isnt any tax on current earnings . However , when you start to draw benefits , assuming you meet all the requirements , the 401 -LRB- k -RRB- benefits will be taxed as ordinary income . The Roth IRA benefits will not be taxed at all .


Input: Will Home Insurance Pay For Tree Removal?

Output: Homeowners insurance will not typically pay for removal of trees . This is normally considered a maintainance issure for the homeowner . Please read your policy completely to understand what coverage is provided and what exclusions it may contain or contact your local agent to have them go over the policy with you .


Input: What Qualifications Does Someone Have To Meet To Receive Disability Coverage?

Output: The basic rule of thumb to qualify for a disability benefit has more to do with your physician than the disability insurance company . A licensed medical physician must diagnosis you with an injury or illness so severe that you can not perform the duties of your current occupation . At that point the clock is running on the disability claim and once the elimination period is satisfied , benefits are paid .


Input: Is Life Insurance Considered An Asset?

Output: When calculating your net worth , you look at the net cash value of each permanent policy and denote it as an asset . The net cash value is the amount that you would receive if you were to cash in the policy today . You can find that by ordering a current illustration from the insurance company .


Input: Is Life Insurance Considered An Asset?

Output: Life insurance is personal property , i.e. an asset , a tax advantaged asset , an asset that may be creditor proof . Permanent life insurance generally two financial components : cash values and a death benefit . These components can be collateralized , endorsed , sold in life settlements , borrowed against and used as a source of supplemental income .


Input: Is Life Insurance Considered An Asset?

Output: The current cash surrender value of the policy is the asset value of a life insurance contract . As property , life insurance has value and is liquid . If the policy owner decides to `` cash in '' the policy , the insurance company will pay the cash surrender value to the owner within a week or two .


Input: Who Should Buy Long Term Health Care Insurance?

Output: Long Term Health Care Insurance is called , simply , Long Term Care Insurance . It covers the cost of living in a nursing home , assisted living home , or receiving other types of services when the insured person is unable to take care of themselves . Among those who should buy Long Term Care Insurance are those who have many assets and feel strongly that they do not want their assets to go toward paying long term care expenses . People who want to have many choices in how and where they are cared for , should they be unable to care for themselves , are also people who would benefit from Long Term Care insurance , if they can afford it . Finally , persons whose families want the security of knowing that their parents will not rely on them for long term care , if needed , are those who should considering buying Long Term Care insurance .


Input: Do Any Insurance Companies Cover Medical Marijuana?

Output: This is a very new treatment that does n't have much support . You may have to just wait it out until new regulations are in place .


Input: How Much Does Employee Health Insurance Cost?

Output: There is no set answer to this question as it will depend upon the size of the employer group and the funding mechanism the employer group uses . After January 1 , 2014 for employer groups with less than 50 employees who are fully insured in many cases the answer will largely depend upon the age of the employee as many insurance carriers have gone to an age banded rating approach -LRB- for example , the employee only rate for a 25 year old will be different than the employee only rate for a 55 year old -RRB- . The rates will also vary significantly depending upon the state where the employer is domiciled -LRB- headquartered -RRB- . And rates will vary depending upon the level of benefits in a given employer 's health plan design . There are also other factors that can effect what a specific group 's employee rate will be . In the Tennessee , Mississippi and Arkansas region in early 2014 employee only rates for group health insurance can range from $ 200 to $ 500 or more per month when you take into account the variables I have listed in the previous paragraph . If you are an employer looking for a definitive answer to this question for your workforce you need to seek out the services of an experienced , qualified health insurance broker who can obtain quotes from a range of health insurance carriers covering a variety of health plan designs . I would be honored to offer my 30 years of industry experience to assist in answering this question for your company .


Input: What Can The Average Person Expect To Pay For Disability Insurance?

Output: Who is the average person and how much of their compensation does average person want to protect ? Long term disability insurance is paycheck insurance . First determine if your tax bracket warrants deducting the disability insurance premium as a legitimate business . If the answer is yes , apply for 80 % of your compensation . Keep in mind that the benefits will be taxable as ordinary income . If the answer is no , apply for 60 % of your compensation , your benefits will be tax free . Whats the cost ? Whats your gender , age , smoking status , health history , current medical condition ? Whats the amount you want to cover ? How long do you want coverage to last ? What elimination period do you require based on your current cash reserves ? It is possible that you may pay between 3-5 % of the compensation youre attempting to indemnify .


Input: How Does Cash Value Of Life Insurance Work?

Output: In simple terms , permanent life insurance requires premiums higher than what it takes to cover the cost of the death benefit . The surplus premium creates a `` cash value '' that grows over time . The cash value can be comprised of a guaranteed value plus a non-guaranteed component such as excess interest or dividends . The best way to see how cash value might work for you is to ask an agent for an `` illustration '' showing how the policy might work on a year by year schedule .


Input: What Are Some Life Insurance Companies?

Output: There are literally hundreds of life insurance companies in the United States alone and hundreds more abroad . Some of the more well known companies are Metlife , Genworth , NY Life , Prudential , American General , ING , Transamerica and Northwestern Mutual . You know these companies because of their marketing budgets . In most cases these companies have higher premiums because they must of set their advertising budgets . There are several other lesser known life insurance companies like SBLI , Banner Life , Assurity , North American , Fidelity Security and AXA Equitible that usually a life insurance broker would know . These companies are just as good and financially sound as the more well known companies , they just do n't have the larger marketing budgets and rely on brokers to sell their policies . This usually translates into more affordable premiums to the consumer . I recommend contacting an independent broker to professionally shop for the best polices at the best rates for your unique situation .


Input: What Are Some Life Insurance Companies?

Output: There 's hundreds and hundreds of companies out there . A list of some of the top companies is as follows : 1 -RRB- American General 2 -RRB- MetLife 3 -RRB- Lincoln National Life 4 -RRB- Prudential 5 -RRB- Transamerica 6 -RRB- ING 7 -RRB- Principal National 8 -RRB- Mass Mutual 9 -RRB- Guardian 10 -RRB- Banner Life 11 -RRB- Genworth 12 -RRB- New York Life 13 -RRB- United of Omaha / Mutual of Omaha 14 -RRB- SBLI -LRB- Savings Bank Life Insurance Company of Massachusetts -RRB- 15 -RRB- John Hancock When looking for a life insurance policy , there 's a ton of information to sift through and comprehend . An independent broker can help you find the program that will best serve your needs . If you would like some assistance , send me a private message on here or check out my website -LRB- a link is available on my profile page -RRB- .


Input: What Are Some Life Insurance Companies?

Output: Here is a list of companies , all A-rated , that Quality Term Life quotes on our website . American General Life Insurance Company American National Insurance Company Aviva Life and Annuity Company AXA Equitable Life Insurance Company Baltimore Life Insurance Company Banner Life Insurance Company Fidelity Life Association Genworth Life and Annuity Insurance Co John Hancock Life Insurance Company USA John Hancock Life Insurance Company NY Lincoln National Life Insurance Company MetLife Investors USA Insurance Company Minnesota Life Insurance Company MTL Insurance Company Nationwide Life and Annuity Insurance Co North American Co for Life and Health Ohio National Life Assurance Corporation Pruco Life Insurance Company ReliaStar Life Insurance Company -LRB- ING -RRB- ReliaStar Life Insurance of NY -LRB- ING -RRB- Royal Neighbors of America Sagicor Life Insurance Company Savings Bank Life Insurance Co of MA Securian Life Insurance Company Transamerica Financial Life Insurance Co Transamerica Life Insurance Company United Home Life Insurance Company United of Omaha Life Insurance Company Note that you will see many big names missing here . Like AAA , Farmers , State Farm , etc. . That 's because these companies require their agents to sell only their life insurance , in other words they are n't independent , so no shopping around for you . And their prices tend to be much higher for similar coverage .


Input: Why Do You Need A Medicare Supplement?

Output: Medicare Supplements pay the coinsurance and deductibles you would have under original Medicare.On day in the hospital with original Medicare nearly $ 1200 in deductible under part A. Any part B expense is covered at 80 % . The part A deductible is not calender year , it is best on coverage periods . You could conceivable have to pay this up to four times per year . There is no ceiling on the amount you would have to pay under part B so if your health condition is serious you could conceivably be responsible for over $ 10,000 in medical costs . Medicare Supplements will pay those costs .


Input: How To Accept Long Term Care Insurance?

Output: When you are applying for Long Term Care Insurance and are approved , the company will send you a copy of your policy . There is usually some delivery paperwork to sign , including any amendments made to your policy . By signing the delivery paperwork and paying the first premium , that is usually how you accept a long term care insurance policy .


Input: How Does A Stay At Home Mom Save For Retirement?

Output: A stay at home mom can have an IRA or a Roth IRA . The payments to an IRA are deductible from current income tax ; those for the Roth IRA are not . The benefits from the IRA at retirement are taxed as ordinary income while those from the Roth IRA are not taxed at all . There is n't any current taxation for money held in either plan during accumulation .


Input: Does Rmd Apply To Annuities?

Output: RMDs are required minimum distributions fro a qualified plan that must be generated at age 70 1/2 . All qualified retirement accounts are subject to the RMD regulation . This includes annuities in a qualified plan . Tax deferred annuities outside a qualified plan are not subject to the RMD distribution rules .


Input: Does Medicare Cover Januvia?

Output: Medicare covers Januvia by Medicare Part D , the Medicare Prescription Drug Plan . Januvia is an oral medication that helps lower blood sugar and prevent diabetic complications in people with type 2 diabetes . It is not indicated for persons with type 1 diabetes or those with diabetic ketoacidosis . The generic name for Januvia is sitagliptin .


Input: What Is Guaranteed Renewable Disability Insurance?

Output: Guaranteed renewable disability insurance is a policy that is guaranteed to be renewed as long as premiums are paid . However , having a guaranteed renewable disability insurance policy does not guarantee that the premiums will not go up . In order to lock in the premiums for a disability policy , it must be both non-cancellable and non-renewable .


Input: How Do I Contact Medicare?

Output: To contact Medicare , you can call 1-800-MEDICARE -LRB- 1-800-633-4227 -RRB- . The TTY phone number is 1-877-486-2048 . Or you can write Medicare atCenters for Medicare & Medicaid Services ,7500 Security Boulevard , Baltimore , Maryland 21244-1850 .


Input: Why Do People Hate Annuities?

Output: People do n't hate annuities . But certain sectors of the financial community dislike annuities because of it 's tax deferral and longer term commitment , i.e. they ca n't move it . Product competitors like mutual fund purveyors , promote the so called negative aspect of annuities to prop up their own product line .


Input: Does Car Insurance Build Your Credit?

Output: Generally no . Insurance companies do not report the payment of your insurance premiums to credit bureaus . One caveat however to be aware of . If you lapse or cancel a policy and earned premium is due the insurance company for coverage provided and yoo do n't pay it , the earned premium may be turned over to collection and the unpaid debt reported to the credit bureaus .


Input: How Much Is Renters Insurance From Allstate?

Output: Renters insurance coverage from Allstate depends on a number of different factors . Of course , the amount of coverage on your personal contents is one of the biggest variables along with what other limits you elect . Where you live and what type of claims history may also play a role in the rate . A licensed Allstate broker can provide the exact rate ... probably in the $ 100 - $ 300 per year range .


Input: Does Medicare D Cover Shingles Shot?

Output: Some vaccines are covered by Medicare , some are not . The herpes zoster -LRB- chicken pox -RRB- vaccine is one that is covered and is not . If the vaccine is administered in your doctors office , Medicare will not cover the actual cost of the vaccine if billed by your doctor . You must purchase the vaccine under Part D at a pharmacy . You can then transport the vaccine to your doctor so they can inject you . Makes complete sense , right ?


Input: Can I Claim Car Insurance As A Business Expense?

Output: If you look at schedule C of Internal Revenue Code form 1040 you will see a place to enter insurance . An accountant would be the best person to ask about this , but most insurance agents deduct their own auto insurance every year unless they use mileage calculations to deduct auto expenses . Anything that is a cost of doing business is deductible .


Input: Can I Claim Car Insurance As A Business Expense?

Output: This is a question best asked of your Tax Accountant or adviser . However , if your car is registered to your business or is used for business purposes , like other business related expenses , at least a portion of your car insurance premium may be able to be claimed as a business expense . Again , you need to ask this question to your tax adviser to be sure of your particular situation .


Input: Where Is Metropolitan Life Insurance Company Incorporated?

Output: MetLife is domiciled in New York . They are the largest life insurance company in the US and were , many decades ago , the largest company in the world . MetLife Inc. the ultimate parent of many insurance companies associated with it . The headquarters is in New York City . They are a public company now having demutualized in 2000 .


Input: Where To Start Looking For Health Insurance?

Output: The best place to find health insurance is from an experienced broker . Because of the complexities of the new Affordable Care Act -LRB- ACA -RRB- , it 's important to maximize subsidies , apply for the best plan with the available funds you have , understand Metal plans and enroll in a timely manner . LIVE answer is provided by : Ed Harris - Premier national health insurance broker for more than 33 years and owner of several top-rated healthcare websites that provide the lowest available prices .


Input: Where To Start Looking For Health Insurance?

Output: The best place to start looking for health insurance is the internet . With free rate quotes available it 's a good place to begin so that you have an idea what insurance will cost for your situation . However , you should work with a trust-worthy insurance agent to help you navigate all the options and sort through the plans . Make sure the agent represents multiple carriers so she can find you the best benefits at the lowest rate you qualify for .


Input: Where To Start Looking For Health Insurance?

Output: You 're generally getting your health insurance coverage from one of two places , the individual market or your spouse 's group coverage , if available.Individual health plans can be purchased on or off the health insurance exchanges . If you qualify for a subsidy , you would want to look at health insurance ON the exchanges - subsidies can only be used for on-exchange policies . The first open enrollment period under the new Affordable Care Act ended on March 31 , 2014 -LRB- some states allowed for extension to mid-April due to technical issues with enrolling through the healthcare.gov website -RRB- . If you 're looking for an individual policy , you will need a special enrollment period -LRB- a qualifying `` life-changing event '' -RRB- to purchase a plan outside the open enrollment period , otherwise you may be subject to paying a penalty . The penalty in 2014 is the greater of : 1 -RRB- 1 % of your yearly household income featuring a maximum penalty as the national average yearly premium for a bronze plan . 2 -RRB- $ 95 per person for the year -LRB- If under age 18 , then $ 47.50 -RRB- featuring a maximum penalty per family of $ 285 under this method . The penalty figures will change in future years .


Input: When Can You Sign Up For Medicare Part A?

Output: You can sign up for Medicare Part A in the three months before your 65th birthday , the month of your 65th birthday , or the three months after your 65th birthday . if you are receiving Social Security benefits when you turn 65 , you will be automatically enrolled in Medicare Part A and B .


Input: How Does Long Term Care Insurance Work?

Output: Most Long Term Care Insurance policies pay the insured person a set amount of money , as dictated by the policy they purchased , when the need for long term care arises . There are triggers that determine when payments will start . These include the inability to independently do to or more ADL 's -LRB- activities of daily living such as bathing or dressing -RRB- . Some policies pay the institution providing the care rather than the person receiving the care . Payments are made until the funds or years in the policy run out .


Input: Where Can I Get Medigap Insurance In Georgia?

Output: The best place to get a Medigap plan in Georgia is through an Agent that is Independent and working for you . A great benefit of a Medigap plan is that the level of coverage is standardized by the government . Every Insurance Company is offering the same level of coverage using letters A through N . The major difference being the price of the plan as each company offer a different price for the same amount of coverage . A good Independent Agent will have many companies to look at and be able to discuss the best price offer . This best price is not always based on the current rates for your age . They need to be able to discuss the company 's pricing history at ages down the road . You do not want a company that lures you in with a low initial premium and then historically raises it as you get older . You should consider the Customer Service of the Insurance Company and look for a responsive company that answers your questions and can work with your agent . Your agent should be able to help over the phone or be there in person if needed .


Input: Where Can I Get Medigap Insurance In Georgia?

Output: Essentially there are two ways to buy a Medigap plan in Georgia . You can buy direct from a carrier or through an agent . When you buy direct from the carrier you get the same plan at the same rate as buying from an agent . Carriers have in house representatives that can only tell you about their plan . They do n't know about competitor plans and are prohibited from discussing a competitor plans . Once you purchase a plan from a carrier any follow up questions are handled by a CSR rep. When you call you can expect to have an automated service answer your call , following the obligatory `` Press 1 for English '' you will be told to `` Please listen carefully as our options have changed '' . From there you will be routed most often to voice mail . Your call will be returned on their schedule , not yours . You will never talk to the same person twice . Or you can buy from an agent that lives in Georgia and is familiar with plans in your area . Some agents will insist on coming to your home , while others will allow you to purchase over the phone using email and your mailbox . Some agents will only represent one carrier . If you go that route you might as well buy direct . Most agents will represent several carriers and help you understand the pro 's and con 's of each carrier . They will be familiar with rate history and can tell you which ones have a better track record of customer service . There are about 15 or so carriers in GA that offer Medigap . Some only sell direct or through their own representatives . Others use independent brokers that represent several carriers . Maybe a third of carriers make their rates available online but most will only disclose rates if you talk to them direct or through an agent . Hint : Some of the most competitive rates are not found online ... Most of the plans use issue age rating but a few , including the top two carriers -LRB- ranked by sales -RRB- use attained age brackets . You need to understand the difference in pricing structure and rate history if you want to avoid sticker shock on renewal . #GeorgiaMedigapPlanRates #GeorgiaMedicarePlans


Input: Who Can I Buy Life Insurance On?

Output: To purchase a life insurance policy on someone , you must have what is deemed to be an insurable interest . This means that you would incur a financial loss or harm if the insured was to pass away prior to you . This could include purchasing coverage on your spouse , children -LRB- though normally at a reduced amount of coverage , though it does come at a very low cost -RRB- , your parents , and , in some circumstances , a key person in a company which you may own or operate .


Input: Who Can I Buy Life Insurance On?

Output: You can buy life insurance on someone with whom you have an `` insurable interest '' . That means that there would be a financial loss to you if they were to pass away . You can buy a policy for your children , as long as it is of a reasonable amount . And most companies will allow you to buy a small final expense policy for your parents .


Input: What Is Birla Sun Life Insurance?

Output: Birla Sun Life Insurance Company Limited -LRB- BSLI -RRB- is a joint venture between Aditya Birla Group of India and Sun Life Financial Inc of Canada . Birla Sun Life Insurance Company provides life insurance products to the residents of India . The life insurance sold by this company is not sold in the US .


Input: Is Landlord Insurance More Expensive Than Homeowners?

Output: The answer here is `` maybe '' . It really depends upon the situation and the coverage . In general , if you consider the same house and the same coverage , the homeowners coverage will cost you less . let 's start with some terms . In the industry , we usually call landlord insurance either dwelling fire , or a dwelling policy . It points to the difference between this and a homeowners policy . A homeowners policy has 6 coverages : A. Dwelling - the structure B . Other Structures - detached garages , shed 's , pole barns , etc. . C. Personal Property - Your stuff D. Loss of Use - The extra costs you 'll incur if you have to live somewhere while your home is repaired E. Personal Liability - Protects you from being sued F. Medical Payments - Pays for injuries that happen on your property without having to be sued . A Dwelling Policy , in general does n't have any coverage C , Personal Property . As a landlord , you 're worried about the building and your liability . Your tenant 's personal property is their responsibility to insure . Dwelling policies are more complicated to put together than homeowners policies but I 'll leave that discussion for another time . Lets talk about why Dwelling Policy usually costs more than a Homeowners policy . With a homeowners policy the insurance company has a greater sense of security because they only have one entity to worry about , the homeowners and their family . They have a financial interest in keeping their home safe , secure , and in good repair . With a rental property , you may have many different tenants occupy that home and they have no financial interest in the home itself . A tenant is much more likely to let things go that may eventually cause a claim . Additionally , with a homeowners policy , the liability is protecting the insured from others , with a dwelling policy , you 're also being protected from the people that actually occupy the home . Now , one last thing to mention . If you 're renting your home and it 's insured on a homeowners policy , change it now . If there 's a claim on the home and the insurance company finds out it 's being rented , they may refuse to pay your claim . Most homeowners policies require the home to be occupied by the owner for coverage to apply . Find a good agent that knows how this works and how to put this coverage together for your situation . It 's much better to know what your coverage is and make choices rather then to think you have coverage you really do n't


Input: Does Costco Offer Health Insurance?

Output: I do n't work for Costco , but I imagine they offer group health insurance to their employees . Costco is not an insurance company and therefore does not openly sell individual health insurance policies to their customers . If you 're an individual looking for health insurance , you should consult with an independent insurance broker to find a health plan that 's right for you .


Input: What Is The Average Homeowners Insurance Cost Per Month?

Output: Your cost for homeowners insurance is as unique as the home that you own . There are many factors that are taken into consideration when your premium is determined from an insurance carrier . Based on my experience within my geographic area I would say the average homeowners insurance cost is about eight hundred to fifteen hundred dollars per year . Call a local agent a quote will cost you nothing butyour time .


Input: What To Do With Universal Life Insurance?

Output: That is a great question ! And an interesting one . I guess the answer depends upon how long you 've had the policy , and how well you 've kept track of it ; or whether it is a good policy to get at all , if I 'm reading into your question rightly . Here 's what I advise people . A UL policy can be a good thing if you are somebody that keeps an eye on everything , and has extra money lying around . You also have to have a healthy risk tolerance . Agents will rightly tell you that this type of policy can bring great returns , but press them hard , and make them tell you exactly what stars and moons need to align for that to happen . What is the actual performance of the policy over time , not the best case scenario printed in the sales brochure ? How much over the minimum payment is required to achieve that performance ? That 's what you need to know if you are thinking of purchasing one . If you already have one , are you paying attention to how well it is still funded ? You could be in for a surprise if you have n't . Call your agent , and get an idea of how it 's doing for you , and how long you can expect it to be in force . Functionally , you can use the proceeds for everything that you would any other whole life insurance policy . I hope that helps , thanks for asking !


Input: What To Do With Universal Life Insurance?

Output: If you are considering buying Universal Life , you can use it for final expense needs , estate transfer , buy-sell agreements , charitable contributions , retirement income -LRB- IUL -RRB- , and many other purposes . If you already have a Universal Life policy and are wondering whether you should keep it , that depends on how the policy is doing . Many people lost their UL policies in the past decade when interest rates dropped . But if you still have one purchased in the 80 's or 90 's , chances are that you have made adjustments that will last . Consult with an ethical life insurance professional who can study your UL 's performance and help you decide whether or not to keep it .


Input: What To Do With Universal Life Insurance?

Output: As any investment buy and hold in most casesis the best advice I could give for several reasons . And yes this policy is an investment because of the indexed savings and no risk of loosing your principle . The compound interest gives me an high interest in this policy for my family , clients and associates it is part of my portfolio at least the next 15 years and should be in yours also .


Input: Does Mercury Insurance Do SR22?

Output: Yes Mercury Insurance does offer SR-22 's when you purchase an auto policy providing you are eligible to obtain a policy through Mercury . Mercury will have guidelines as to who will qualify for their auto product based on your driving record . I recommend you speak with a local Mercury agent if you are interested in a Mercury policy .


Input: How Much Does A Claim Affect Car Insurance?

Output: It depends on the amount of the claim , the type of claim , and your driving record . A minor glass claim generally will not have a big impact . An at fault accident with bodily injury could have a larger effect , especially if alcohol is involved . There is no way to answer this question definitively .


Input: Why Is It Important To Plan For Retirement Early?

Output: Why is it important to plan for retirement early ? Well the most important thing involved in retirement planning is something that if you fail to use , you never get back again , and that would be Time . Time in retirement planning allows you to get more for less and heals all wounds -LRB- mistakes , downturns , markets -RRB- . The earlier you start , the more time you have , the less money you 'll need and the more mistakes you 'll recover from .


Input: How Long Does It Take To Collect A Life Insurance Payment?

Output: How long does it take to collect proceeds from a life policy ? Not all that long . Most of the time is spent getting the information together . You are going to need a certified copy of the certificate of death . Actually you should have 5 or 6 made as you will need them for other things besides insurance . When you have the paperwork together and submit , usually it does n't take long for payment to be sent to the beneficiaries . Usually about 5 working days or so with the companies I have worked with . You also will receive interest on the money held while the paperwork is being put together as part of the claim .


Input: How Long Does It Take To Collect A Life Insurance Payment?

Output: Once the life insurance company has been notified of the death , a claim form must be filled out and returned to the life insurance company with a death certificate . Getting the death certificate is sometimes the longest part of the process . Once the insurance company receives the death claim form and death certificate , they usually pay the death benefit within weeks .


Input: Can I Get Health Insurance If I Have A Preexisting Condition?

Output: You can get health insurance if you have a pre-existing condition . Many policies are approved when applicants are being treated for illness or sickness and are taking medications . Extremely serious conditions such as heart disease or cancer present a bolder challenge . However , in October , Open Enrollment begins for 2014 effective dates when all pre-existing conditions will be covered and no medical questions will be answered . `` Exchange '' plans will be sold with brokers and reputable websites helping consumers navigate through a new way of buying health insurance . You may also qualify for a federal tax subsidy . As an experienced broker myself , we realize that due to the complexity of the changes in healthcare , our expertise and help will be utilized . Naturally , there are never any broker fees .


Input: Does AARP Offer Term Life Insurance?

Output: AARP offers term life insurance from New York Life . Rates start out low and increase over time . In that type of situation , where premiums are not locked in , you can never be sure if you will be able to afford to keep the life insurance at the time you need it most . Shopping with an independent life insurance broker -LRB- most of us agents answering these questions fall in that category -RRB- will help ensure you get best policy features at the lowest price .


Input: Does AARP Offer Term Life Insurance?

Output: AARP does not offer any life insurance - they are only a marketing organization . They associate themselves with certain insurers and allow the carriers to attach their name to a product . For example , life insurance is typically done through New York Life while Medicare Supplement insurance is typically done through United Healthcare . One of my family members who is an AARP member gets letters in the mail frequently for life insurance with the AARP name -LRB- insurance through New York Life -RRB- . However , the coverage is age-banded and only carries the policy through age 80 - the coverage then terminates if they live beyond age 80 with no option to extend the program . Age-banded coverage means the rates change every 5 years as you enter into the next age bracket . They may have other life insurance products available with their name on attached , but that 's what constantly comes in the mail . If you 're looking for term life insurance , I would highly highly highly suggest consulting with an independent agent who can compare multiple carriers for you and discuss your medical history to determine the risk classification each carrier may consider you for -LRB- the risk class directly determines the premiums -RRB- . Shopping before applying is vital ! And there 's no cost to using an independent agent vs. going through a carrier directly . I would n't just buy on name as there are numerous carriers that offer term insurance who offer competitive rates . You can end up spending extra money that you do n't need to when you do that -LRB- that 's not to say a big name carrier would n't in fact be the best cost option , you just want to be sure you 're not overpaying -RRB- . The risk class is key to figure out first and then look at the rates for a given coverage amount/term length from there . If you do n't know what risk class you would likely fall under for a carrier , then a quote is nothing more than a guesstimate . Term life insurance is very straightforward . If you die during the life of the policy , the carrier pays out the death benefit proceeds . If you outlive the term premium guarantee period and and do n't want to pay the annual renewable term rates -LRB- which go up each year as you get older -RRB- , then you would likely either replace it with a new term or permanent life insurance policy or not have any coverage . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much .


Input: Does AARP Offer Term Life Insurance?

Output: Just to make it easier to not wait for other answers , Jason is 100 % correct . He has hit the nail on the head and there us nothing more to add . Feel free to take the as the only answer you need . Great job explaining Jason . Please contact a professional in your area that is willing to talk to you in depth .


Input: Which Auto Insurance Company Is The Best?

Output: If you are looking for the best insurance company for you , I would suggest speaking with friends and family about their experiences with various companies and agents . Remember the insurance company is only one part of the equation , the agent is the other part . It is important that you have an agent that you trust and that you feel has your best interest in mind when it comes to your insurance coverage .


Input: Does Renters Insurance Cover Watches?

Output: A watch would be considered personal property . A renters policy covers personal property . There is an internal limit to the recovery available on a watch . Please check with your policy or the agent to determine the amount of coverage you have available . The settlement will be reduced by the deductible on the policy .