Input: Can Annuities Be Inherited?

Output: Yes , annuities can be inherited . When the annuity is inherited during the annuitization stage , the recipients of the annuity payments will need to pay income tax on the payments according to the tax bracket they are in . The annuity must be the type of annuity that is paid out for a certain period and not the lifetime income annuity ; otherwise , the annuity payments would end when the annuitant 's life ended .


Input: How Much Is New York Car Insurance?

Output: New York auto insurance premiums vary throughout the state . Rates downstate and in the five boroughs tend to be higher than upstate . It all depends on your coverage limits , credit score , ticket/accident activity and if there has been any lapse in coverage . If you are interested in a quote , I have a variety of auto insurance carriers in New York . Contact me at fwinterle@creativeins.net .


Input: How Much Is New York Car Insurance?

Output: Most agents and brokers in New York use either the carrier websites or an online rating program to develop auto insurabnce quotes . Somewhere between 50 and 60 pieces of information are required just to select the rating ` tiers ' the carriers use . Some carriers have only 15 to 20tiers and some have over 100 . Your data isentered into the program . The carrier 's program uses this data to selectyour rating tier . Some factors such as : own or rent your home , gender , age , number of years licensed , driving record , credit profile , claims history -LRB- not only auto but property insurance claimsmay also be figured in ... -RRB- and on and on . Several years ago , only your driving record and claims history were the major factors involved . Today , your credit profile has a very major impact on how much you will pay - some carriers will not even develop a quote if your credit profile is not within their tolerances . So keep your credit score and profile as good as possible . Always ask your agent or broker for a ` guaranteed ' quote as some rating programs may not come up with a final ` guaranteed ' quote unless the agent or broker pays some fees for the data retrieval -LRB- of the credit data , claims data , and DMV extracts -RRB- to their system vendor or their carrier . In New York , insurance quote retrievals of your credit data are considered a ` no-hit ' to your credit status so you can ask several compnies to quote your insurance without penalty to your credit .


Input: Why Is My Car Insurance Claim Being Investigated?

Output: Hard to answer such a question without any details . But in general , I would n't worry too much about it . Fraud is so out of control , that they have to investigate certain claims . During the claims process , companies have their set of `` red flags '' that triggers further investigation . As long as you have nothing to hide , you should n't worry about it too much . They may ask for things such as : - bank statements - proof of residency - receipt from last oil change - etc. , etc. , etc. . Sometimes innocent minor things can trigger a red flag , and it ends up being no big deal . Other times , fraud is suspected . And sometimes , a high dollar amount of loss can trigger an investigation simply for due diligence . So do n't sweat it . If you have nothing to hide , give them what they want and you should be fine .


Input: Can A Deferred Annuity Be Surrendered?

Output: Can a deferred annuity be surrendered ? Short answer is yes , but before deciding to surrender you need to check to see if there are any surrender penalties involved . In many cases annuities can have a ten year long surrender window . Also there may be tax implications in the surrender depending on how long you 've had it and if you 're liquidating vs. transferring .


Input: Can A Deferred Annuity Be Surrendered?

Output: Most deferred annuities can be surrendered . Once the contract annuitizes or starts paying a monthly income for life , most contracts can not be surrendered . In reality most deferred annuities are surrendered . The earnings of the plan are tax deferred and might present substantial advantages to the owner .


Input: Can A Deferred Annuity Be Surrendered?

Output: That is a great question ! They can , but it may not be your best option , depending upon how long you 've had the annuity . Anytime you surrender an annuity , you will pay some form of fee or charge . -LRB- The insurance company does this to recapture some of the lost income they would have generated , and cover costs . -RRB- Your annuity in the first years will have a `` surrender period '' where these charges are very steep . They do this , as an incentive for you to actually derive a benefit from your annuity . The charges can vary widely , but generally start at 10 % plus fees , and gradually reduce as time goes on . If there was a bonus added to your annuity , this amount typically is removed or reduced also . You could stand to lose a big chunk of what you 'd invested . If you need quick cash , there are some better ways . If you would like to contact me , I 'd be happy to go over this in more detail with you . Thank you for asking !


Input: How To Sign Up For Medigap?

Output: The best way to buy a Medigap plan is to do it through an independent broker who can compare multiple options to find you the desired plan at the lowest possible cost -LRB- brokers do not charge any fees for their services -RRB- - I can help you with this as my background is in senior life and health insurance -LRB- including Medigap plans -RRB- . If you 're new to Medicare , you have a 6-month initial enrollment period where you can sign up for any Medigap plan from any carrier without any medical underwriting , meaning they are guaranteed issue . Give me a call and I will help you get your Medigap plan set up . Thanks very much .


Input: How To Sign Up For Medigap?

Output: Using an independent insurance agent specializing in Medicare Supplement insurance -LRB- Medigap -RRB- is a great way to buy a plan . This type of agent can personally work with you to make sure you get the benefits you desire at a great price . If you are new to Medicare and still in your Initial Enrollment Period , you do not have to answer any health questions to purchase a policy . Once the Initial Enrollment Period Ends , you are required to answer medical questions with the insurance company . There are also situations where you may be in a Special Election Period and that would also mean you could buy a policy without going through Medical underwriting . A Medicare Supplement Specialist can help you with all these types of details . It 's our job to do all the work and let you simply decide which Plan you want to buy . It 's also our job to make sure we are checking in with you throughout the year and providing you with a rate review when your policy renews . That way we can make sure your premium is always in a good position . Thank you for taking the time to read my response . Please let me know if I can be of further assistance .


Input: Can I Get Car Insurance Online?

Output: Yes the internet is flooded with thousands of insurance companies , insurance brokers , agents offering auto insurance rates online . It just takes a few minutes and few clicks on the mouse . The best thing about getting auto insurance is the competition among the carriers . Because of such competition , many of them offer the cheapest auto insurance rates for you . Shopping for the best auto insurance rates on the internet allows you the option whether or not to talk to an agent as well . Make sure when online have your old policy ready so you can refer to it for some of the questions you will have to answer . When buying a policy online or offline make sure you fully disclose your driving record . In some States while youre at it , check your credit score . Some auto insurance companies will not run your driving record at the time of purchase but they will run it on the back end and once they find out about your driving history and your credit , your rates will increase . So do the research before you buy .


Input: How To Buy Term Life Insurance?

Output: Term Life Insurance can be purchased from any company for it is life insurance except that term insurance is only for a specified period of 10 , 15 , 25 , or 30 years depending on policy . Term insurance cost less but does not build a cash value and is not until the life of the policyholder . However , term insurance is still a great benefit . I also specialize in term insurance . I know of many other coverages that are added to term policies in order to make then more unique and beneficial such as child riders and other income options .


Input: How To Buy Term Life Insurance?

Output: To buy Term life insurance , you must start out finding the policy for which you want to apply . You can go to websites that have free quote engines to start your search . If instant quotes are provided , you can change the face amount and term length to get an idea of prices . Then talk to an agent or representative of that website to confirm the best policy for your particular age , gender , build , smoking status , health , and other risk factors . Once you have selected a policy , you can complete an application by paper or online . Some policies do not require an exam , while others will require a free life insurance exam . When everything has been completed and the underwriter has had time to review your exam -LRB- sometimes , the insurance company will also order your medical records -RRB- , they will approve your policy at a certain rating . With our agency , if that rating is higher than we expected , we help you adjust the policy to fit your budget . Once the first premium is paid , your policy is in effect and locked in for the length of your Term policy .


Input: How To Buy Term Life Insurance?

Output: The most common way to purchase term life insurance is by filling out an application , either prompted by a broker or an online application which may or may not be initiated by a broker . The application length depends on the insurance company you are applying with , whether or not it is a simplified issue or fully underwritten policy . A pa ramedical may or may not be required .


Input: Can Diabetics Get Long Term Care Insurance?

Output: Diabetics can get Long Term Care Insurance under some conditions . They key for people with diabetes to getting Long Term Care Insurance , Disability Insurance , or Life Insurance is diabetic CONTROL . If you have a history of A1C under 8 and no side effects from your diabetes , getting a traditional long term care policy is possible . However , some LTC policies do exclude the use of insulin , regardless of control .


Input: Can I Change My Home Insurance At Any Time?

Output: Unless you have some sort of special agreement with your lender or other party , homeowners insurance is an at will product . This means that you can normally change carriers at any time that you wish . Find a local agent and carrier that you are comfortable with and verify that you are getting the coverages that you need or want before changing carriers or agents .


Input: What Do You Pay For Health Insurance?

Output: That 's a great question ! With your health insurance there are usually 3 parts that you pay - The premium , the deductible , and the co-pay . The premium is the amount that you pay monthly for the insurance . The deductible and co-pay are portions of the cost of the medical service that you share with the insurance company . The cost of your premium will normally increase with a low deductible , and decrease as you accept a greater part of the cost with a higher deductible . The actual cost of what you will pay will depend upon the company , policy , and amount of deductible and co-pay that you choose . When open enrollment comes back around this fall , go to the Affordable Care Act -LRB- Obamacare -RRB- site , and see if you can qualify for a subsidized policy on the site . Millions have found that they can get affordable coverage there . Thank you for asking !


Input: What Do You Pay For Health Insurance?

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


Input: What Do You Pay For Health Insurance?

Output: I 'll keep this answer short and sweet ! As an experienced health insurance broker -LRB- 33 years -RRB- , this question is quite common . You may pay nothing at all -LRB- if you qualify for a full subsidy -RRB- or you may pay up to $ 1000 per month -LRB- or more -RRB- . There are many variables that determine your rate . But by shopping and comparing with an experienced broker , you 'll get the best rates , view the best available plans and get expert and unbiased advice .


Input: How Can I Get Health Insurance Online In Texas?

Output: Recommend that you go to www.healthcare.gov but if you did not have an application started by March 31st or if you are not eligible for a Special Enrollment Period you may have to wait till regular annual open enrollment which is in November . Feel free to contact me if you have any questions !


Input: How Can I Get Health Insurance Online In Texas?

Output: If you are able to get on the Healthcare.gov site today , start an account . If you can at least get that far , then there is a few day extension that gives you a little more time to finish , if the site continues to be bogged down with last minute shoppers . There are several non-government sites that you can shop in , but it is not always the case that the prices and/or coverages are comparable , nor might they offer the payment assistance that you may qualify for on the Government site . That is not to say that you could n't find a good policy , it 's just wise to compare before buying , just as you should any major purchase . Please contact me through my link , if you have more questions .


Input: How Can I Get Health Insurance Online In Texas?

Output: You can get health insurance online in Texas ! The easiest and most efficient way to obtain the best rates and best coverage is through an experienced broker . That 's our job and why we have top-rated websites . The . gov website is still not free from glitches , delays and security concerns . And most experienced health insurance brokers can offer `` off-Exchange '' plans which you can not get through the government website . A broker will help determine the amount of your federal subsidy , so you can view how much your Texas health insurance rate will reduce and which options are the best . If you missed Open Enrollment , a broker can review short-term plan options and other viable choices .


Input: How Can I Get Health Insurance Online In Texas?

Output: There are several independent agencies -LRB- such as ours -RRB- that have websites that allow people to run health insurance quotes online and you can be reviewing plans in about a minute or two . It gives you instant information on plans from the major carriers and you can follow up with a licensed agent to get your questions answered . On our website it is under the `` other '' tab to go to under 65 health insurance . It is a great way to save a lot of time and get a full understanding of what health insurance plans are available in Texas .


Input: What Is The Average Cost For Renters Insurance?

Output: That is going to depend on many factors . Some of these factors are geography , age of the building , construction of the building , number of untis , alarm and fire systems within the complex and many others . During my time of handling this type of insurance in my opion I would say that the average is around seven to twenty dollars per thousand dollars of coverage for your personal property .


Input: How To Deduct Long Term Care Insurance From Taxes?

Output: Very generally speaking , if you are an individual who is paying your own long term care premiums , you would add the premiums to your other medical expenses for that year , and itemize those medical expenses as you would normally do . If you are self employed , you are allowed to deduct 100 % of your long term care premiums as a business expense . There are many additions and variations of this , but this is how to deduct long term care insurance in two situations .


Input: What Are Bonus Annuities?

Output: Tax deferred annuities have differing crediting methods : interest rate crediting , indexed crediting and separate sub account crediting and debiting , i.e. you could lose money . But in addition to crediting methods , some annuities actually credited a one year bonus at the beginning of the terms of the annuity . That bonus is generally applicable for the guaranteed income rider or vested over the contract period of the annuity .


Input: Where To Invest 401K After Retirement?

Output: That is a great question ! A really great question , and if there were just one great answer , everyone would be doing it , and there would be no seniors living in poverty -LRB- 55 % of all Seniors live at or below poverty level , according to the 2012 Census -RRB- . To give you an answer that would work for you , I 'd need to know what assets you have , where they are located , how liquid they are , what your risk tolerance is , what your retirement goals are , how your insurance protection is , your health and your spouses health status , and more . To give you a generic answer ? Somewhere where the bulk is protected yet fairly liquid , with the opportunity to draw a steady income from in the best tax advantaged way . If you would like to contact me with more specifics , I 'd be happy to give you some better advice . Thanks for asking !


Input: Where To Invest 401K After Retirement?

Output: As you approach retirement you should try to find a planner who is willing to help you with retirement income planning . This is an emerging field but addresses the issue that you have raised . Converting your assets into something that you can spend is critical and advice is usually important . As a holding instrument you can roll proceeds of a 401 -LRB- K -RRB- into an IRA . You dont gain anything tax wise in doing a roll-over , however , you might gain greater control of your asset and an increased ability to plan disbursing money .


Input: Where To Invest 401K After Retirement?

Output: The appropriate answer here is '' anywhere you want to invest your 401k assets . '' I mean who are you ? What are your goals ? What have you been investing your 401k in ? How can any adviser tell you where to invest after retirement without knowing you ? Sorry , but I think this is a dumb question . Usually , people roll 401k assets over into an IRA . Some employers allow you to stay put and keep your current investments .


Input: Will Homeowners Insurance Cover Wet Basement?

Output: This depends on the cause . If water is seeping though the walls , it typically is not covered as that would be considered maintenance . If the water is due to flood , it would only be covered under a flood policy . If the damage was due to a busted pipe or water heater , it would normally be covered . Repairs for common damp basements are not covered by homeowners insurance .


Input: Will Homeowners Insurance Cover Wet Basement?

Output: This really depends on a few factors . First , was this a sudden and accidental occurrence or did it happen over time ? Secondly , did the water enter from outside your home or did it come from inside ? Lastly , do you have coverage for water/sewer backup ? Many companies will offer this as an option . If the water enters from outside your home , the insurance company will treat this the same as a flood , which will not be covered unless you have flood insurance . The only exception to this rule is if it backs up through your sewer or sump AND you have water/sewer backup coverage on your policy . This still must be sudden and accidental such as during a period of heavy rain . If the water is slowly seeping through the walls or floor , they will not cover this as it 's deemed a maintenance problem , not an occurrence . If the water comes from inside your home , such as a burst pipe , they will normally cover the damage it causes . Water claims have become very common and insurance companies are paying much more attention to them to make sure they should be covering them . Your homeowners policy is intended to protect you from the sudden and accidental . Many people seem to think that it 's an excuse to avoid maintaining their homes . To avoid any problems at claim time , be sure your home is maintained , it will cost you a lot less in the long run .


Input: How Long Can I Be On My Parents Health Insurance?

Output: Under the Affordable Care Act , if your plan covers children , you can add or keep your children on your health insurance policy until they turn 26 years old . There is one temporary exception : Until 2014 , `` grandfathered '' group plans do not have to offer dependent coverage up to age 26 if a young adult is eligible for group coverage outside their parents plan . Also , I would check with the state in which you live . For example , Florida enacted legislation in 2008 that allows dependent children to continue their dependent coverage up to the end of the calendar year in which they turn 30 years old , based on eligibility guidelines .


Input: What Do I Need To Get A Home Insurance Quote?

Output: It is pretty easy to obtain a quote . Be prepared with the proper address of the property . Pretty detailed information about the house is available in public municipal records , but be prepared tosupply your agent with details : The construction year of the house , where it is in relation to a hydrant or other year round water supply , if the house has special features . Also , tellyour agent if the house has a security alarm.With some companies , it may be beneficial to you if there have been recent upgrades made to the roof , HVAC , plumbing or electrical systems .


Input: Does Charles Schwab Offer Life Insurance?

Output: Charles Schwab offers life insurance from other carriers . On their website they state : `` Charles Schwab & Co. , Inc. -LRB- ` Schwab ' -RRB- , in association with the Small Business Insurance Agency , Inc. -LRB- ` SBIA ' -RRB- , provides customers with access to term life insurance issued by leading insurance companies . Schwab and SBIA are licensed insurance agencies . ''


Input: How To Bury Someone With No Life Insurance?

Output: It is a challenge to come up with the money to bury someone who does not have life insurance or cash saved up for that event . Even with good intentions , savings can become depleted , putting family and friends in a difficult position . Most of the clients we 've had who have been involved in that type of situation , said they have taken up a collection among the family to bury their deceased relative . However , there are a few sources where you can help supplement funeral and burial costs . Social Security will pay a lump sum of $ 255 for a funeral if the deceased person qualified for SS benefits . Veterans can be buried for free in one of the nation 's 131 national cemeteries , and there are burial funds available for some eligible veterans . Read the criteria for receiving these benefits here : h WEBSITELINK Funeral homes like to be paid quickly , but you could reimburse those who donated after holding a sale of the deceased person 's belongings . Or perhaps memorials given could be applied toward the burial costs . Keep in mind that you can take out a policy on a parent , grandparent or other person for whom the costs of burial might fall on your shoulders . They just have to agree to and sign the policy . Perhaps if they understand the hardship being uninsured can put on their loved ones , they might consent to taking this step .


Input: What Is FIO In Disability Insurance?

Output: FIO in Disability Insurance stands for Future Income Options . A future income option rider allows the insured person to purchase additional disability insurance as their income grows in their career , without having to qualify for it through medical underwriting . Being able to get additional coverage at the rates while having good health can be a huge benefit .


Input: Is Long Term Care Insurance Subject To ERISA?

Output: Yes , Group Long Term Care Insurance is subject to ERISA , the Employment Retirement Income Security Act of 1974 . As Baby Boomers age and more long term care policies are being used , ERISA will come into play more and more in deciding what is a legitimate long term care claim .


Input: What Does Life Insurance Cover?

Output: Life insurance covers death by any reason -LRB- except suicide in the first two years -RRB- . That is whether death occurs by accident , illness , or `` old age '' . There may be some exclusions as death due to an act of war , or death that occurs during the act of committing a felony . Life Insurance covers a person -LRB- called the Insured -RRB- , and when the Insured dies , it pays the face amount of the life insurance to the Beneficiary .


Input: Can People With Ms Get Long Term Care Insurance?

Output: People with MS can not get traditional long term care policies , but some people with multiple sclerosis can get life insurance policies with `` living benefits '' that will provide money for extended care needs . Also , there are riders on some traditional life insurance polices that allow the death benefit to be used for long term care type needs while the insured person is still alive . When MS is very mild , it may be possible to purchase a life insurance policy with that type of rider .


Input: Can Car Insurance Be Cancelled?

Output: Yes , It can be cancelled by the insured or the carrier can cancell or non-renew your policy for various reasons . Auto insurance is an at will product for the insured , which means that the insured could cancell the policy at any time that they wish . Please make certain that you secure coverage with another carrier before cancelling coverage with your current carrier to protect yourself properly .


Input: How Much Does The Average Person Pay For Life Insurance?

Output: The cost of Life insurance is dependent upon your health , vocation , smoking status and coverage period of your Survivor 's need for cash upon your death . Term plans are very inexpensive because very few insureds die during the coverage period . Permanent plans are more expensive because 100 % of the Surviving beneficiaries will receive its death benefit . Company Actuaries determine the rates for coverages using statistical information matching risk of death of an insured during the coverage period of the plan .


Input: How Much Does The Average Person Pay For Life Insurance?

Output: If there is an average I would have to say most people have around $ 80 per month in life insurance . But there is no real tracking of an average that I know of . Some have $ 20 and many pay several thousand dollars per month for life insurance . The important thing is to do a fact finder and see how much you need and what kind . Then see if that will fit in your budget .


Input: How Much Does The Average Person Pay For Life Insurance?

Output: How much does the average person pay for life insurance ? Based on my 32 years in the business as a broker -LRB- and there is no right or best answer -RRB- , I would estimate between $ 15 and $ 150 per month . This is , of course , `` per person . '' Term policies are much cheaper than permanent policies and of course that would impact the amount each person pays . And ... each person has different amounts of coverage they carry . You can purchase term coverage for under $ 100 per year depending on age and face amount . But because of economies of scale , that may not be such a good idea . You may be able to double the coverage for slightly more . Quite simply , there will be tremendous variations in the amount that consumers pay for their coverage . A fully-licensed -LRB- full-time -RRB- broker will help you find the lowest prices .


Input: How Much Does The Average Person Pay For Life Insurance?

Output: Life insurance premiums are priced by gender , health condition , smoking status , amount of death benefit and the length in time of coverage . Male and female that are 25 years old and in super preferred health can pay $ 75 - $ 85 a year for ten year term life insurance for $ 100,000 worth of coverage .


Input: How Old Do I Need To Be To Get Critical Illness Insurance?

Output: Some carriers will issue critical illness policies on children , but usually only as a dependent , not the primary insured . As a general rule anyone age 19 or older can apply for a critical illness policy . Not all critical illness policies are alike . Be sure to get one that is health insurance , and not a rider to a life insurance plan .


Input: How Much Is NYS Disability Insurance?

Output: The charge that can be made to employees receiving Disability Insurance under the New York Disability Benefits Law , to help offset the rate the employers pay , is 1/2 of 1 % or 60 cents per week , whichever is lower . The maximum of 60 cents per week applies even if the employee is working two or more jobs .


Input: How Do You Plan Your Retirement?

Output: Retirement planning is paying yourself first . Whether you use a qualified plan or non-qualified plan you need to determine your tax bracket . And if you 're investing in the market , you need to determine your risk tolerance . Plans have differing contribution limits , so you need to establish the amount of contributions , when will you retire and your life expectancy .


Input: How Do You Plan Your Retirement?

Output: First of all , put money in tax advantage accounts . Deposit funds into Roth-IRAs , municipal bonds , life insurance policies and 529 college savings plans if you have kids . When clients open these accounts , they normally do not have to pay taxes when the money is withdrawn . Why ? The client is contributing to these accounts with after-tax dollars . Next , protect yourself by obtaining disability insurance , long term care coverage , health insurance and buy life insurance . Clients need life insurance so that loved ones can pay the bills and have funds to provide for the family . The long term coverage will help just in case a client needs care in a nursing home . Reduce your liabilities as soon as possible . Get out of debt and stay out of debt . Set aside at least three to six months of your monthly salary . There might be a change in employment , there might be an accident , or repairs to the home or car . Here is a brief overview that will help clients plan for retirement . Start early . For example , if you save $ 10 a day for 30 years and invest the money at 8 % per year , you would have almost $ 450,000 for retirement . Moreover , if clients saved $ 20 a day for 30 years at the same rate , he or she would have almost $ 900,000 for retirement . This is why the concept of using tax advantage accounts is so important . Here is a good rule of thumb when planning for retirement . According to the Financial Analysts Journal , `` Americans need to save 22 times their income '' to retire comfortably . What does this mean ? Clients that make $ 40,000 a year , need $ 880,000 when they retire -LRB- i.e. $ 40,000 x 22 -RRB- . Keep in mind that this is only a tool to use that will help you with your retirement planning . Finally , clients need to take into consideration their home mortgage balance -LRB- s -RRB- , the kids college education costs and life insurance needs . I will be glad to help you meet your retirement planning goals . I listen to all my clients first . Then , we develop a plan and then we execute that plan . I can be reached at 912-631-3186 .


Input: What Is Home Insurance Dwelling Coverage?

Output: Generally speaking , there are three elements included in a Homeowners ' Policy . The first is dwelling coverage . This covers damage to the building , your home . The second is Personal Property coverage which covers damage or loss of your personal belongings whether inside or outside of your home . The third is Liability coverage which protects you in the event you do something that causes damage to someone else 's property or injury to another person .


Input: How To Get Group Health Insurance For Self Employed?

Output: Technically you ca n't in all but a few states . To form a group under the regulations of virtually all states you have to have an employer-employee relationship which at a minimum requires two people , the employer and at least one common law employee -LRB- generally a W2 status employee -RRB- . Colorado and Delaware do appear to be states that make provisions for a self-employed person to purchase health insurance on agroup contract basis . This is one of the issues the Affordable Care Act essentially dealt with beginning on January 1 , 2014 when it 's provisions eliminated pre-existing condition exclusions and being declined for coverage in the individual and group marketplaces . So , other than the fact that the open enrollment season concluded on March 31st , 2014 there is now no legal prohibition preventing a self-employed person from getting individual health insurance . This does not mean , however , that states have changed their individual laws regarding eligibility for group contracts and to the best of my knowledge no states have changed their policies in this regard . There are still a few industry association group health plans in existence but they have become increasingly rare over the years . For most self-employed persons reading this answer your best option and generally your only option will be to purchase individual health insurance .


Input: Can You Use Life Insurance As Collateral?

Output: Yes , you can use life insurance as collateral . Many lenders require purchase of Term life insurance as collateral for individuals to obtain small business loans . The insured person and lender simply sign a collateral assignment form that assigns to the lender the amount of life insurance that is needed to cover repayment of the loan . The remainder of the death benefit is paid to the beneficiary of the borrower 's choice . Sometimes business use life insurance on a key employee to obtain business expansion loans .


Input: What Does Dave Ramsey Say About Long Term Care Insurance?

Output: In an article by Dave Ramsey published on Nov 13 , 2012 , for FOXBusiness , Dave answers the question , `` Is there a point where you can self-insure for long term care needs without a policy ? '' His advice is that , unless you have $ 20M in liquid assets and have $ 2M to $ 3M to set aside for long term care , go ahead and transfer that risk to a long term care insurance policy that you purchase by age 60 .


Input: What Does Dave Ramsey Say About Long Term Care Insurance?

Output: Dave promotes buying term life insurance , paying off your debt and investing the difference in mutual funds . Based on his disciplined middle class approach , he feels that you can self-insure for extended care later on in retirement . He has expressed his concerns on the price tag of long term care insurance and feels its generally not the best value proposition .


Input: Is Geico A Good Home Insurance Company?

Output: -- > Normal 0 -- > -- > Im not sure I can agree with the statement The lowest premium will be afforded to those that purchase home insurance direct from a carrier . There are just too many variables for one to draw that conclusion . Homeowners policies are not identical , they consist of 40-50 pages of numbers and words most insurance buyers have little interest in reading , until there is a claim . To determine what many of the words mean , you must refer to court cases and rulings , which are not part of the policy . Buying insurance is easy but buying the proper insurance is a complicated process . Insurance buyers need a competent professional intermediary ; someone with knows the ups , downs , ins and outs of securing and maintaining the proper insurance coverage under the most favorable terms . I have little confidence that intermediary would be someone sitting at a computer terminal in some far off place who knows nothing about me or my community . You may be better off with your local insurance professional .


Input: Is Geico A Good Home Insurance Company?

Output: Geico Insurance Company is a preferred underwriter for Auto Insurance ; Geico is not a Home Insurance Company ; however , they own an internal agency which acts as a broker for alternate insurance carriers with whom they place home insurance . If one were to purchase auto insurance ` Direct ' with Geico presumably to obtain a lower premium rate with a preferred carrier ; then why would n't the same principal apply to home insurance ? The lowest premium will be afforded to those that purchase home insurance direct from a carrier . It is uncommon to find an auto insurance company and home insurance company anywhere in the country that will offer both the cheapest auto insurance and cheapest home insurance ; thus , the need for package discounts to try and sell the alternate policy . We have devised a link to provide an online format to obtain a quote and buy home insurance online in multiple States ; may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK If there are any unanswered questions , it is important to contact a licensed professional to inquire further .


Input: How To Make Car Insurance Quotes Cheaper?

Output: A great deal of information used in an auto quote is automated . The program knows who the drivers are in the household , what cars are registered to the address and the losses and driving records are easily obtained . In California we also get the estimated annual mileage for every vehicle . It is very difficult to manipulate the data as so much is public information .


Input: How To Make Car Insurance Quotes Cheaper?

Output: That is a great question ! Please remember that quotes are just that - an effort to get you to purchase their product , and not an actual price . The best way to get lower quotes is to seek more of them , and do n't be afraid to tell one company that another beats their price . A good way to lower your auto insurance cost is to look at the company that your life or homeowners insurance is with . Bundling your policies with one company will often lower the prices them . A good driving record never hurts also ... Thanks for asking !


Input: How To Reinstate A Life Insurance Policy?

Output: A few points to remember here : 1 -RRB- initially , reinstatement does not require medical underwriting . This is your incentive to move quickly in case your health has changed . 2 -RRB- after this initial phase , medical underwriting may be required . You will then have to determine whether or not this carrier would give you the best deal . Perhaps another carrier would make a better offer .


Input: How To Reinstate A Life Insurance Policy?

Output: To reinstate a life insurance policy , you must first procure a reinstatement form from the life insurance company , or from the agent who sold you the policy . It will ask a lot of health questions , because being eligible for reinstatement requires that your health has not deteriorated since you took out the original policy . After you send that completed form back to the insurance company , it can take several weeks for them to review it , and decide whether or not you are allowed the reinstatement of your life insurance policy . If they say yes , you must pay all the premiums back to when the policy lapsed , to catch it up to the present . Your life insurance policy will be reinstated exactly to what it was when you first bought it .


Input: Who Assumes The Risk In A Variable Annuity?

Output: In Canada , variable annuities are often referred to as segregated funds or seg funds . They are similar to mutual funds , but since they are issued by insurance companies that have certain maturity and death benefits guarantees . Some even include locking in or resetting of the guarantees to `` lock in '' market gain . The insurance company does provide some guarantees , however , any amount that is allocated to a segregated fund is invested at the risk of the policy owner and may increase or decrease in value . A description of the key features of the segregated fund policy issued by the insurance company is contained in the information folder . 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: Will My Health Insurance Work In Europe?

Output: Excellent question ! You should check the basic terms of coverage in your health insurance policy and a call to customer service might not be a bad idea . As with everything else in health insurance these days , things are changing rapidly . It comes as a surprise to many people that their individual or group health insurance may not provide coverage outside of the United States . Internal policies vary between health insurance carriers and they could even vary depending upon your employer and whether they have designed such coverage into their group health plan . You would be safest to start out with the assumption that you are not covered and that you would want to purchase a specialty policy to cover you during the term of visit outside of the UnitedStates . The length and purpose of your stay may also have a bearing on your coverage . Going to Bermuda for two weeks on vacation may be viewed far differently than going on a 6-month mission to Nigeria for example . An insurance broker or travel agent should be able to tell you more about these policies .


Input: How Are Premiums Invested In A Fixed Annuity?

Output: In a fixed annuity the funds are invested in the general account of the insurance company . These funds are invested so that the company can make the future payments that are promised . Companies often offer alternatives to their fixed account . These range all the way to a variable account where the owner of the annuity can select specific funds .


Input: Is Velcade Covered By Medicare?

Output: Velcade is used to treat Multiple Myeloma and Mantle Cell Myeloma . In most situations , Velcade is administered in your doctors office or clinic and would be covered under Medicare Part B . If you have Medicare supplement plan F your share for the drug would be $ 0 . Other plans would require cost sharing .


Input: What Does A Life Insurance Urine Test Test For?

Output: Urinalysis -LRB- UA -RRB- is used by life insurance companies to detect presence of disease when applying for medically underwritten policies . Urine tests used can point to the possibility of kidney disease , UTI , diabetes , liver disease , inflammation , even cancer . Sometimes excessive exercise or dieting can affect the HOS , so try to drink a lot of water , avoid alcohol , eat balanced meals , and avoid excessive exercise in the days before your urine test . Life insurance also uses urine to test for drug and tobacco use . If you use opoids -LRB- codeine , morphine , methadone , etc -RRB- for pain , or marijuana for medical or recreational use , explain that on your application or to the examiner collecting your urine sample . And keep in mind that cotinine -LRB- a metabolite of nicotine that is detected in urine and blood -RRB- can stay in the body for a long time after using tobacco . It is best to disclose all health conditions , medications , and tobacco use to your agent ahead of time , rather than have it be a surprise on your life insurance exam . That way you can be matched with the company that will give you the best rate , your underwriter will rate you as good as possible due to your honesty , and your policy will pay out if something happens to you .


Input: What Does A Life Insurance Urine Test Test For?

Output: A urine test is one of the easiest and affordable ways a life insurance underwriter can take a `` snap shot '' of a person 's health . It is usually required when purchasing fullyunderwritten life insurance . The most common things the underwriter is looking for is diabetes , proteins and drug use among other indicators that blood either will not show or is more expensive to test for than urine . Underwriters give actuaries the best odds of whether a person is a higher risk to die at a certain age than average .


Input: How Much Disability Insurance Can You Buy?

Output: How much disability insurance can you buy ? Well , here 's a secret that not many people know about . Normally , if you have group insurance and individual disabiliy insurance , it 's a combination between the two till you hit 70 % of your income.So if your group covers 60 % of your income , your individual will top out at 10 % . Now , if you have no group disability in place when you purchase individual , you can get up to 70 % in income covered . Then if you join a group plan , the two combine and can push the total well over 100 % of your income . So if you know kids finishing college or advanced schooling , get them to consider disability now ! before they go to work .


Input: How Much Disability Insurance Can You Buy?

Output: There are several benefit triggers for disability insurance that may impact the level of benefit you can purchase . Most carriers will limit the monthly benefit to a percentage of your monthly gross income . The percentage ranges from 50 % to 70 % . There will also be a hard dollar cap that may apply to people with higher incomes . The policy elimination period comes into play most frequently , as most disabilities have a very short duration . Shorter elimination periods often result in more frequent , and larger claims payments .


Input: How Much Disability Insurance Can You Buy?

Output: For some people , private disability insurance that covers 60-70 % of your income is n't enough to feel financially secure . In those cases , it 's recommended that you look into retirement security disability insurance . People forget that when you go out on claim , your contributions to your 401k or other retirement funds are stopped . Retirement DI will continue to pay a benefit to your retirement savings . Also , it 's good to look into critical illness insurance for the extra lump sum payout while you 're waiting for your individual DI elimination period to pass .


Input: How Much Disability Insurance Can You Buy?

Output: When purchasing disability insurance the answer depends . Most short term disability plans have a set dollar amount that can be paid daily , weekly or monthly not to exceed 70 % of your income . On long term disability plans it is usually up to 70 % of your current income . There are plans that have lower maximums . Be sure and shop for the plans up to 70 % . The answer to your question is as much as you can afford over the long term up to these amounts .


Input: What Percentage Of Americans Have A Retirement Plan?

Output: Back in 2010 a report cited in the New York Times said that 75 % of those nearing retirement , i.e. baby boomers , had an average of $ 30,000 in their retirement accounts . Almost half will by on an unsustainable food budget of $ 5 per person . Social Security for the middle class will be the main retirement income source .


Input: How Much Life Insurance Do I Need And What Kind?

Output: The amount and type of life insurance you need depends on what you want your life insurance to accomplish . If it is for a temporary need such as getting your kids through college or paying off your house , a Term policy is a reasonably priced way of getting that amount of coverage . If you want to pay for your funeral , a smaller , Whole Life or Guaranteed No Lapse Universal Life policy would be a better choice . You should work with an agent you trust to consider your needs , and who will shop among multiple choices to find your best price for the best policy to suit those needs .


Input: How Much Life Insurance Do I Need And What Kind?

Output: There is no one answer to this question , since it depends on your own variables . That is why you should consult with an experience insurance agent . I urge you to consider : are you married , do you have children , do they live at home , do they have college ahead of them , do you have a mortgage on your home ? What is your income and is it expected to rise in the next several years ? With these variables in mind , you should have anywhere from three to 10 times your annual income in total face value life insurance . And the only way to be sure it will still be there as you get older , is to buy permanent life insurance now . If you feel you can not afford that , at least buy some of term and some permanent , and gradually increase the permanent as you can . Thank you . GARY LANE .


Input: How Much Life Insurance Do I Need And What Kind?

Output: The amount of life insurance depends upon your obligations and your commitment to those that you love . It really isnt a matter of should or ought , the real question is How do I want to be remembered ? So if you dont mind leaving a family saddled with debt , dont buy any life insurance . If you love your family buy enough life insurance that they will be debt free with enough income to make the terrible transition that will take place if you die prematurely .


Input: How Much Life Insurance Do I Need And What Kind?

Output: How much life insurance you need and what kind depends on a number of factors . Life insurance plays an important role in your financial and retirement planning . Life insurance creates cash at death and can also offer tax advantaged growth . The first step is to clarify what you want to accomplish and if the need is temporary or permanent . In a family situation , for example , you might want to replace your income , pay off the mortgage , establish an emergency fund , an education fund , pay fees and taxes at death and/or leave a legacy . In this situation , your advisor can help with the calculations . You can find basic calculators online to get you started . In a business situation , you might want insurance to fund a buy-sell agreement , provide a buffer fund for the death of a key person or as an executive or employee benefit . If your need is temporary , such as covering a short term loan , then a term policy is appropriate . If there is a possibility you may need permanent coverage in the future , you should check to see what conversion options to permanent coverage are available . If your need is permanent , which means that you want the coverage to pay when you die , not if you die before the policy expires , then a permanent policy is appropriate . Whole Life and Universal Life are two types of permanent insurance . Permanent cash value insurance has tax preferred growth that you can take advantage of . An independent insurance broker can help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community .


Input: How Much Life Insurance Do I Need And What Kind?

Output: You should complete a Life Needs Analysis to determine how much life insurance you need . As far as the type of policy , that depends on your budget and whether or not you want temporary or permanent life insurance . Temporary life insurance or Term Life is the least expensive . Permanent life insurance or Whole Life is the most expensive .


Input: What Is The Best Medicare Supplement Plan?

Output: The best Medicare Supplement Plans in my opinion are Plans G and N. With Plan G you only have one small deductible to meet -LRB- $ 166 -RRB- and there are no copays for a doctor office visit . Rates are very competitive with Plan G among insurance today companies today . Plan N can save you money on your monthly premium if you are comfortable paying a small co-pay of $ 20 for some doctor office visits . There is a $ 50 co-pay for an Emergency Room visit that does not result in an inpatient hospital admission . Plan N has one of the lowest premiums of any of the Medicare Supplements that offer comprehensive coverage for the gaps in your Medicare Part A & B coverage .


Input: What Is The Best Medicare Supplement Plan?

Output: The best Medicare supplement plan is the one that meets your needs and budget . All too often most people only look at plan F because that is the only plan that is explained to them . Plan F is a good plan but is way oversold and , in my opinion , overpriced as well


Input: What Is The Best Medicare Supplement Plan?

Output: The best Medicare supplement plan is the one that does everything you need and you can afford . If you ca n't afford the plan , do n't buy it . If the plan does n't cover what you expect it to , do n't buy it . All Medicare supplement plans with the same letter are identical in every way . Once you find a plan that fits your needs and budget , buy it . Do n't ever pay too much , thinking you are getting a better policy . You are n't . #GeorgiaMedicarePlans


Input: Can Obese People Get Life Insurance?

Output: An obese person may be able to get life insurance depending on their exact height , weight , and other health issues -LRB- if any -RRB- . Insurance companies have guidelines that they use to rate a person and these ratings dictate the premium that you will pay . A substandard rating will pay a higher premium than a preferred rating . It is important to discuss your overall health profile with a knowledgeable advisor who can provide guidance on the possibility of obtaining life insurance and what company will provide the best offer for your unique circumstances .


Input: Can Obese People Get Life Insurance?

Output: That is a great question ! This is one of the occasions where an independent agent is really worth finding . They can look at several companies for you , and look for the best company for you . There are some companies that will look at your weight seriously as a consideration , -LRB- too heavy , and too thin -RRB- some that give it some consideration , and some that do n't ask at all . After finding one of them , it will come down to your health , and what issues you have . If you would like some help , please do n't hesitate to contact me , okay ? Thanks for asking !


Input: Can Obese People Get Life Insurance?

Output: Yes , obese persons can get life insurance as long as they do not have any health conditions that cause them to be declined . There are policies out there even for obese persons with poor health . Several life insurance policies do not have any height and weight charts at all . Contact an agency that specializes in overweight life insurance to obtain a personalized quote for life insurance for persons who are overweight , obese , or morbidly obese .


Input: What Are The Top Rated Term Life Insurance Companies?

Output: There 's hundreds and hundred 's of life insurance companies in the marketplace and there are many carriers that have a superior financial rating -LRB- `` A '' , `` A + '' , or `` A + + '' rating -RRB- . Some of the big name companies with superior ratings that feature competitive rates in the term life insurance marketplace are Banner Life , MetLife , American General , Lincoln National , Genworth , Ohio National , Principal National , just to name a few . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: What Are The Top Rated Term Life Insurance Companies?

Output: There are a number of ways to review the ratings of life insurance companies . One is through rating agencies . The most popular rating agencies are AM Best , Standard 's and Poore 's -LRB- S&P -RRB- , Fitch 's , and Weiss . They each have a different set of letters and numbers . You can find the rating of Term Life Insurance companies by going to their website and the `` About Us '' or `` Financial Information '' tabs . Some companies are rated highest in one category but not another , so you can look at all four for a total picture of the company you are investigating . Another way to judge life insurance companies is by their customer satisfaction or complaints . You can also look at financial information . The ratings of the company , along with customer reviews and company financial 's , can help you determine the strength of any company you are looking at . Keep in mind that the rating of companies can fluctuate . Some that were rated poorly in the past have made adjustments to bring their ratings up . Also , it does not take the top rating to be a secure company .


Input: Will Medicare Pay For Colonoscopy Screening?

Output: Medicare will cover a colonoscopy screening one every 2 years if you 're considered to be at high risk for colon cancer . If your doctor accepts assignment , Medicare would cover the screening at 100 % -LRB- you pay nothing -RRB- . If your doctor does not accept assignment , then Medicare will cover 80 % of the expenses . You would be responsible for the other 20 % and the part B deductible may apply.A Medigap plan F can cover the other 20 % of expenses and part B deductible if your doctor does n't accept assignment . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much .


Input: Do I Need Medicare Part B With Tricare?

Output: Tricare , formerly known as CHAMPUS , provides civilian benefits for military personnel , and their dependents . Tricare for Life -LRB- TFL -RRB- was designed to offer secondary coverage to Medicare for all who have Medicare Part A and Part B . There are very few ways one can have Tricare without having Part B . Here is a helpful link to explain TFL and Medicare . WEBSITELINK


Input: Do I Need Medicare Part B With Tricare?

Output: Tricare , formerly known as CHAMPUS , is a health care program of the U.S. Dept of Defense Military Health System . TFL , Tricare for Life , offers secondary coverage to Medicare for all beneficiaries who have both Medicare Parts A and B . There are very few incidences where one can get this coverage without having Part B , and those incidences are temporary .


Input: Can You Take Out Life Insurance On A Grandparent?

Output: Yes , you can take out a life insurance policy on a grandparent in many situations . If you are contributing to your grandparent 's living expenses or health care through money or services , or if your grandparent lives with you , there will be no problem with purchasing life insurance for your grandparent . If you are not contributing to your grandparent 's financial situation , you still should be able to purchase a final expense policy -LRB- under $ 100,000 -RRB- for your grandparent . When purchasing simplified issue final expense insurance , it is often easier to purchase the policy if your grandparent is the owner of their own policy . It does not matter so much who is the payer .


Input: Can You Take Out Life Insurance On A Grandparent?

Output: As my colleagues have said , this is indeed possible . You simply have to show that , in a way , you have some sort of vested interest in the life of the person you are insuring . The insurance calls it , coincidentally enough , `` insurable interest '' , which really just means that you have a stake in wanting the person to live and be well . This is the true backing for that notion . It is to avoid certain people from taking out policies on other persons who they would have a vested interest in actually dying . Sad that this test of suitability had to be put in place , but it is there for a reason . Also as stated above , it is much easier if you put nearly everything in their name , pay for it , but agree on a mutually beneficial beneficiary .


Input: Can You Take Out Life Insurance On A Grandparent?

Output: If you mean paying premiums for a new policy for your grandparent where he/she will own and be the insured of the policy , yes , if he/she is insurable , of course . The premiums you pay may be gifts . If you mean to take out life insurance on his/her life but be the premium payor , owner and beneficiary , it is permitted under the rules of insurable interest as long as she is insurable and consents to the insurance . The insurance company may require justification of the insurance .


Input: Does Home Insurance Cover Liability?

Output: Most home owners insurance policies have liability built into the policy . Usually , the limits can be raised to $ 1,000,000 . Considering that the average premises liability award in 2008 was $ 848,702 , having high limits of liability is a good idea . As I 've said in other posts , I highly recommend an `` umbrella '' policy to increase your limits of liability .


Input: Can I Have Multiple Home Insurance Policies?

Output: You can have multiple homes and a separate policy for each home ; or , you can have one home and a separate policy covering distinct lines of risk . The first answer is self evident . The second answer needs a bit of clarification . The basic principal of indemnity means that you will be restored to your original position before the accident . This means you are not supposed to profit from an accident when an insurance company indemnifies you . So , you will not be able to profit by having multiple policies on one home for the same coverage . This type of fraud is specifically dealt with in the terms of the policy . However , you could theoretically get physical damage coverage through Insurance Company A and liability/medical payment protection through Insurance Coverage B . This would create a multiple policy coverage for one home . I hope this helps .


Input: How Do You Verify Health Insurance?

Output: Health insurance can only be verified by contacting a policy holders insurance company to confirm a policy remains active . The simple fact of someone carrying an insurance card can not be taken as verification they are covered , let alone how their benefits may work , or what portion of a bill the patient should be responsible for paying .


Input: How Do You Verify Health Insurance?

Output: You will need to contact your insurance company and confirm the policy is in force -LRB- active -RRB- . There should be a customer service number on your insurance card that you can call to verify the policy is active and you are covered . They 'll likely ask you for your name and other identifying information -LRB- e.g. policy number , social security number , date of birth , etc. -RRB- - they can only release the information to the policyowner -LRB- in health insurance this is generally also the insured - if not the insured , it 's the spouse or another family member - seen more commonly in group plans -RRB- . Your agent can also verify this information for you as well .


Input: What Does Car Insurance Lapse Mean?

Output: A lapse in coverage is what is meant , meaning that the policy is cancelled . This can occur for many reasons such as non payment of premium on the part of the insured or the cancellation or non renewal pf the policy by the insurance company . A lapse in coverage will , in many states , be reported to the Department of Motor Vehicles and may result in a fine and the suspension of the car 's registration .


Input: Who Uses Long Term Care Insurance?

Output: People who use long term insurance as a benefit -LRB- current policyholders -RRB- are those who satisfy the triggers that enable them to collect on it . These include being unable to do two or three ADL 's -LRB- bathing , dressing , etc independently -RRB- and/or cognitive impairment . Most policies now require that the expectation of need for that care will last at least 90 days .


Input: Who Uses Long Term Care Insurance?

Output: Who uses Long Term Care Insurance ? Mainly anyone who wants to have a say in their care if the need for assisted care arises . Most of the people who chose to purchase long term care do so to protect their assets and choice of where their care comes from . Depending on the plan purchased , care could be provided in a care facility or even maybe via visiting nurses and home health care .


Input: What Is Medigap Supplemental Insurance?

Output: Medigap or Medicare Supplement insurance is private health insurance established to help supplement Original Medicare Part A and Part B. Meaning , it will help pay some of the health care costs not covered by Original Medicare -LRB- co-pays , deductibles , co-insurance -RRB- . When you have a Medigap Policy , Medicare will pay it 's share of Medicare approved amounts for your covered health care costs . Then your Medigap -LRB- Medicare Supplement insurance -RRB- pays its share . There are 10 standardized Medigap Plans -LRB- A , B , C , D , F , G , K , L , M , N -RRB- with varying benefits . Plan F is the most popular because it covers all Medicare approved charges and you do not have to pay any co-pays , deductibles or co-insurance . Plan G acts just like Plan F after you 've satisfied the small annual Part B deductible of $ 147 -LRB- 2014 -RRB- . WEBSITELINK Please feel free to contact me regarding your specific situation . In just a matter of minutes , I can provide you with Medigap benefit and quote information to help you make an informed decision .


Input: Where Does Life Insurance Go On A Tax Return?

Output: This is a very broad question . If you mean Death Benefit Payments , then they are usually tax free . If you are supposed to be taxed , then the Insurance Company will send you a 1099 to include with your taxes and regular W2 . If you have not received a 1099 then you should owe no tax . If you have received a 1099 give it to your accountant or enter it into your tax software .


Input: Where Does Life Insurance Go On A Tax Return?

Output: From your question I can not tell if you are asking the question because you own a life insurance policy and you have been sent a DIV B by the insurance company or if you are asking because you inherited the death benefit from a life insruance policy . If you are receiving a DIV B from the insurance company you have probably been paid a dividend by the insurance company that you chose to receive as cash rather thanre-investing the dividend . Life Insurance death benefits are paid under `` contract law '' . Therefore if you receive a settlement from a life insurance benefit as the beneficiary of that policy then the proceeds are not taxable . However , what happens if the proceeds are invested in certificate of deposits at the bank and now the bank is going to send you a 1099B each year-those interest amounts are taxable


Input: Where Does Life Insurance Go On A Tax Return?

Output: If the life insurance policy is a modified endowment contract , loans are taxable . If the life insurance is a non-modified endowment contract and the policy lapses , is surrendered or the policy reaches its maturity dateall policy loans , -LRB- those received and internal -RRB- are ordinary income tax events is the year they occur . Death benefit proceeds generally pass to their designated beneficiarys tax free . There are some business scenarios where death benefit proceeds are subject to the alternative minimum tax as a preference time and could be included as revenue at ordinary income tax rates . There may be estate taxation on the federal and/or state level .


Input: Where Does Life Insurance Go On A Tax Return?

Output: Where does life insurance go on a tax return ? Usually it does n't . Premiums are usually paid with after tax dollars and gains if you have a cash value policy are n't put on a tax return either , unless you 've set up your policy in such a way that would make those gains taxable . Most people for obvious reasons , do n't set their policies up that way .


Input: How Much Should I Be Paying For Disability Insurance?

Output: If you are paying for a personal individual disability policy you want to pay for it from your personal checking account . The reason is with today 's tax laws it will not be tax deductible or a business expense unless you are paying for employees . The good news is since you pay premiums with after tax dollars , if you become disable , your benefits are drawn tax free to you .


Input: What Is The Best Medicare Option?

Output: Medicare Part A is automatic once you turn age 65 . Medicare Part B is also an automatic enrollment unless you opt out or choose to delay your coverage . Beyond that your choice is to keep traditional Medicare -LRB- Part A and Part B -RRB- and purchase a Medicare supplement plan , or enroll in a Medicare Advantage plan . Advantage plans are a form of privatized Medicare that is managed by insurance carriers .


Input: How To File A Claim With Home Insurance?

Output: You file a claim for homeowner 's insurance with your broker . Once the claim has occurred , you will need to provide specific information regarding what happened , the extent of damage , the cause of damage and if there is a risk of additional damage . Generally , a claims adjuster or other personaffiliatedwith the insurer will be in contact you .


Input: How Much Should I Expect To Pay For Disability Insurance?

Output: Depending upon your gender , age , nonsmoking status and good health condition you should be ready to pay 5 to 8 % of your compensation . This estimation is based on whether you pay the premium after tax for a tax free benefit of up to 60 % of your compensation or pay the premium pretax for a taxable benefit up to 80 % of your compensation , provided that you have ability to use the premium as a legitimate business deduction .


Input: Who Can Get USAA Car Insurance?

Output: Their recent T.V. commercials are pretty good , with the people of all ages , who state that they have a USAA policy through various military service and family connections . The first level of those who are eligible for their policies are active , retired and/or enlisted U.S. military personnel . Also eligible are Officer Candidate personnel , such as ROTC and other military service candidate programs . Additionally , the adult -LRB- 18 + age -RRB- children of parents who either had or currently have a USAA auto or home product and widows or widowers of former USAA auto and home policyholders are eligible .


Input: Will Companies Drop Health Insurance Because Of Obamacare?

Output: No , statistically around 99 % large companies in the US -LRB- 200 + employees -RRB- offer health benefits , about 96 % of medium companies -LRB- 50-199 employees -RRB- offer health benefits , and about 92 % of small companies -LRB- < 49 employees -RRB- offer health benefits . There may be a significant impact on the small employer statistics as state and federal exchanges become available . However I can confidently say that any such statistical shift in the small employer health benefits market will most likely be a short term -LRB- perhaps 3-5 year -RRB- variation that will in time reflect a very small impact in the % of small businesses offering health benefits . The complex structuring options and technical details will render the small business exchanges as effective at delivering optimal results as online tax software is in helping someone who is not well versed in accounting manage pay-roll and state/federal tax obligations/deductions . Also the businesses who do not provide meaningful benefit programs to their employees will find it hard to compete with the other companies who are able to leverage such programs to provide them with a distinct competitive advantage . That being said the exchanges will revolutionize the marketplace of individual health insurance policies .


Input: Can Health Insurance Charge More For Smokers?

Output: Health insurance absolutely can charge more for smokers . In fact , under Healthcare Reform , the ONLY things for which carriers can charge more are age , location and smoking . Smoking was going to be a 50 % increase . That 's HUGE rate increase , but it ought to give you an idea of the claims that occur as a result of smoking . However , just recently Health & Human services stated they ca n't figure out how to logistically charge more for smoking at this time , so for the 1st year of Healthcare Reform , they are NOT going to charge more for smoking , which could end up raising the rates for everyone else . So again , prior to Healthcare Reform you will pay an increase . But as of 1/1/14 , no rate increase - at least for the 1st year .


Input: Can You Buy Medicare Part A?

Output: For most individuals , Medicare Part A will be premium-free . This happens if you 're turning 65 and you 've hit your 40 credits -LRB- earned through working life/paying FICA taxes -RRB- . If you do n't hit this , the premium will be up to $ 426 per month . You can also qualify for Medicare Part A under other means -LRB- e.g. you 're under 65 and receiving social security disability benefits for 24 continuous months or you have end-stage renal disease -RRB- . Medicare Part A , in short , is your hospital insurance - Part B is your physician insurance . Part A provides benefits for your inpatient hospital stay , skilled nursing facility care , nursing home care , hospice care , and certain home health services . The benefit that is the most common claim is for hospital stays . During a hospital stay , your Part A will cover certain hospital services and supplies including semi-private rooms , meals , general nursing , and medications given during your stay . Acceptable hospital stays can include critical access hospitals , inpatient rehab facilities , LTC hospitals , acute care hospitals , and mental health care - you may want to confirm with Medicare whether a certain inpatient stay would be covered by a facility that is not a traditional hospital . You 're generally responsible for about 20 % of the healthcare expenses that are incurred during these visits - Medicare only covers approximately 80 % of the costs . You may want to consider buying a Medicare supplement plan -LRB- a.k.a. Medigap plan -RRB- to cover the other 20 % .


Input: Why Is My Car Insurance Deductible So High?

Output: Your deductible for your auto insurance is typically selected by you . The deductible amount can affect your auto insurance premiums greatly . The higher the deductible amount typically the lessor your premium . If you currently have your auto insurance coverage through a high risk carrier they may require higher deductibles .


Input: When Is Mortgage Protection Insurance A Good Idea?

Output: There are two types of insurance that are often called Mortgage insurance . The first is required by the lender if the down payment for a home doesnt meet a certain threshold . This insurance protects the lender against default . This insurance is often required and included in the mortgage payment . The second is a life insurance policy that reflects the balance due on a mortgage . The idea behind this second form is for you to protect your family by making sure that they have a home , free and clear should you have a premature death . This insurance is obtained through an insurance agent and is handled outside of the mortgage .


Input: When Is Mortgage Protection Insurance A Good Idea?

Output: `` Mortgage Protection Insurance '' is a Life Insurance plan that you can obtain where the face amount of the death benefit covers the full loan balance of your mortgages . The best time to obtain this is of course when you secure your loan . Depending on the amount of down payment you invest at the time of your home purchase , banks may require that you also have coverage to protect THEIR interest . The type of protection you are talking about protects your family 's interest should you die . Remember that any life insurance purchased for whatever reason is a love note to those who mean the most to you .


Input: When Is Mortgage Protection Insurance A Good Idea?

Output: Great question ! It is generally a good idea to protect your family from any large financial loss , and the covering of your mortgage is certainly one of those . Many lenders will require that you have it when you secure your mortgage loan , to protect themselves , and you in the event of an issue . It is a good idea always to protect your family . If you would like more detailed information , please feel free to contact me , okay ? Thanks for asking !


Input: How Much Does Apartment Renters Insurance Cost?

Output: Because all insurance is based on the concept of shared risk , you could say that the cost is the total amount you would lose if you had your property destroyed or if you were sued . That is the cost if you chose to not insure your unit . If you insure the unit the cost then is your share of the possible losses of a large group of people . While that is a relatively modest amount it varies by a few factors , the primary being the amount of personal property that you want insured . Less property means lower premium .


Input: Can You Rollover A Non Qualified Retirement Plan?

Output: Generally non-qualified retirement plans are funded by life insurance and/or annuities . Transfers or 1035 exchanges can sometimes be construed as rollovers , but there are rules that govern those exchanges : Life insurance to life insurance , Life insurance to Annuitybut not Annuity to Life . Any other funding product may have other rollover rules .


Input: Does Renters Insurance Cover Theft Outside The Home?

Output: Renters insurance will cover a limited amount of theft from your car , such as contents of the vehicle . It will not cover theft of any equipment attached to the car . Renters works like homeowner coverage with smaller limits and more restrictions on what is actually covered . You are welcome to call me with any additional questions . Keith Prim - Dallas , TX 214-435-0791


Input: Does Renters Insurance Cover Theft Outside The Home?

Output: In most homeowners policies there is an extension of protection to your property that is temporarily away from your residence . This coverage will be limited to around 10 % of the personal property limit . There is a slightly different situation if the personal property is moving to a new location .


Input: How Do I Cancel My Car Insurance With Geico?

Output: In order to cancel your auto insurance you would simply need to call Geico and let them know of your intent to cancel . Geico then will advise you as to what is needed in order to complete the cancellation of your policy . In most cases it would be a simple written request dated and signed requesting termination of the policy .


Input: Why Do People Have Life Insurance?

Output: People have life insurance so that their survivors are not excessively burdened upon their death . Whether it be from the relatives taking up a collection for the funeral , to a business losing money while trying to replace a key employee , life insurance takes away part of the sting of that loss . It makes the transition to life without that person more bearable , not having to worry about finances in the midst of their grief and the many details at hand . Many people see Life Insurance is a legacy , a sign of caring , that they can leave to their loved ones . And if they do n't see it that way , I worked in a funeral home for a few years , I have seen how their loved ones concur with that sentiment .


Input: Why Do People Have Life Insurance?

Output: You have heard all the song titles that tell you that all you need is love . Yes , love is overwhelmingly the reason people buy life insurance . If you really didnt care about anyone else , and didnt care if anyone even remembered your name , you would never purchase life insurance voluntarily .


Input: Why Do People Have Life Insurance?

Output: For most people , life insurance is purchased for the death benefit it provides to the beneficiary . You have to ask yourself , `` If I died today , would anyone be affected financially ? '' If the answer is yes ... you need life insurance . For a single person , it may be as simple as covering funeral , cremation or other end of life costs . For the main breadwinner in a family , it 's going to be needed to replace some or all of the lost income due to your death .


Input: Why Do People Have Life Insurance?

Output: People have life insurance for more reasons than you might think . Of course , they have life insurance so that their loved ones would have something to pay the bills for at least a while , until they can get back on their feet . They have life insurance so their kids can grow up financially stable in spite of the emotional trauma of losing a parent . They buy it for business purposes ; to tide them over if a key employee dies ; to provide money for a son to purchase the business from Dad if Dad dies ; to pay the estate taxes . Life insurance is used to fund funerals , provide collateral for loans , and save up money for the policy holder 's dreams . Those are just some of the reasons people have life insurance .


Input: Why Do People Have Life Insurance?

Output: There are as many different reasons for Life Insurance as there are people . Some of the common reasons include leaving something for your family , advancing charitable organization causes which you support and to pay off existing debts so as to not burden your family . Insurance covers the unexpected and can help a person to keep their own finances and use Insurance to cover expenses . Not everyone believes they need to have insurance so it must be an individual decision . However the cost of insurance is typically offset by the benefits it provides .


Input: Why Do People Have Life Insurance?

Output: People have life insurance to protect others that depend on them , i.e. beneficaries : family members , business partners and charitable organizations . Most people have financial liabilities , future obligations and some charitable intent . Life insurance can provide the protection to service these realities in case of the death of the policy insured .


Input: When Is Whole Life Insurance A Good Investment?

Output: Participating whole life is not an investment , it is an insurance policy . That being said , it can be a non-qualified supplemental retirement plan for conservative long term savers . But it needs to be designed as a TAMRA compliant , non-modified endowment contract with the lowest base policy , max term rider and paid up additions rider . Distributions may be tax free via withdrawals to basis and policy loans of gain as long as the policy is kept in force for the life of the insured .


Input: When Is Whole Life Insurance A Good Investment?

Output: Whole life insurance is never an investment let alone a `` good '' investment . Life insurance should always be separate from your investment portfolio and this will not only give you a much better rate of return on your investment but more flexibility in you investment options . This is why term life insurance makes better sense then invest outside of that .


Input: How Much Is Health Insurance If Unemployed?

Output: for the remainder of 2013 Short Term Health Insurance will be the way to go . You can run prices online , fill out the application and even print your ID card and policy . Two things to consider - 1 -RRB- Short Term Plans do not usually cover pre-existing conditions 2 -RRB- They are catastrophic in nature . You will not normally see one that covers wellness exams or doctor visits . Prices are low and very affordable .


Input: How Much Is Health Insurance If Unemployed?

Output: Health insurance , if you are unemployed , can be very inexpensive . A short-term temporary plan will be the cheapest type of available coverage and you can be approved within 24 hours . As an experienced broker , our job is to find you the cheapest coverage that provides the benefits you need . In 2014 , you may also qualify for a federal subsidy that could lower your premium .


Input: What Is National Income Life Insurance?

Output: National Income Life has over three billion of life insurance in force . The company is registered in New York and rated A + -LRB- Superior -RRB- with A. M. Best for overall financial strength . National Income Life Insurance Company is owned by American Income Life , created about fifty years ago by Bernard Rapoport .


Input: Can You Borrow On Term Life Insurance?

Output: Typically term life insurance does not provide any cash value , so you would not be able to borrow from it . At this point I am not aware of any term life insurance policies that offer cash accumulation that allow for loans on the policy . There is a type of term policy known as `` Return of Premium '' that provide a portion of yourpremium payments at the end of the policy term if the policy has not been collected on and all policy requirements have been met during the policy period . To find out more about this type of policy contact your local agent to find out if they have it available within the policies they offer .


Input: Can You Borrow On Term Life Insurance?

Output: Unless a life insurance policy has cash value , you can not borrow from it . Term life insurance is `` pure '' protection in that all the premiums go to the death benefit rather than any build up of cash value . Thus , you can not borrow from Term insurance or any other life insurance for which a cash value has not built up within the policy .


Input: What Does Car Insurance Group 5 Mean?

Output: Group 5 refers to a class of vehicle that is probably not going to caught engaging in drag racing because the engines are small . The cars listed are Citroen , Ford Ka or fiesta , Hyundai i20or hatchback , Peugeot 107 , Toyota Yaris , Volkswagen Lupo , and Polo . These cars should be a good alternative to buying a golf cart


Input: Is There A Penalty For Switching Car Insurance?

Output: This question depends on what you mean by penalty . Some insurance carriers may short rate you -LRB- hold back some of the premium -RRB- if you cancel early . Other things to consider is loss of renewal discounts some insurance carriers offer that may not transfer over to the new insurance carrier you chose . Always ask first before you switch to check to see if any fees apply .


Input: Can You Lose Your Medicare Coverage?

Output: If you are incarcerated in prison for a length of time you will lose your Medicare until released. ; If you are on Medicare Disability and return to the work force and lose Social Security you are no longer eligible . As a rule however , you will not lose your Medicare Coverage .


Input: Can You Sell A Car Without Insurance?

Output: You should be able to sell a car without insurance . But do n't let the potential buyer drive the vehicle ! Otherwise , you couldpotentiallyhave some financial issues to deal with . The buyer of the vehicle should always have current car insurance , so they can easily add the car to their policy at the time of purchase . And , when selling a vehicle , do n't take cash or a check . Insist on a certified bank check and verify that the check has cleared .


Input: Does Homeowners Insurance Cover Leaky Roofs?

Output: There are circumstances where Homeowners Insurance may cover the damage caused by water leakage through a roof . It is best to check with your Insurance Professional , of course , about the specific terms and conditions of your policy . If the roof is compromised or damaged by a covered peril , say a severe windstorm for example , then if rain water leaks in and damages the interior of your home , you will probably have coverage . Likewise , and as was the case again this past winter in CT , if you have interior water damage that is caused by `` Ice damming '' which is a sever build up of ice forming at the lower edge of your roof , that then forces melted water up under your roofing material , there will also be coverage . These are only two examples , so again talk to your Insurance Professional .


Input: Does Homeowners Insurance Cover Leaky Roofs?

Output: The damage caused by a leaking roof will probably be covered by your homeowners policy . The repair to the roof itself would be covered if it was the result of one of the covered perils listed in your policy . If the loss comes from normal wear and tear the policy will not cover the roof repair . The roof is a critical component of a home and the owner should exercise care to maintain it in good condition . Failure to do that could result in cancellation .


Input: Does Homeowners Insurance Cover Leaky Roofs?

Output: Good question . In most cases damage from a leaky roof would be covered but the repair to the roof itself would not be covered . Keep in mind that wear & tear is an exclusion from many policies and the insurance company may be able to deny the claim if the loss can be shown to be a result of wear & tear . However , If the roof was damaged in a storm -LRB- from a covered peril -RRB- than the leak , and the roof repair , would be covered - subject to your policy deductible .


Input: Does Homeowners Insurance Cover Renters Belongings?

Output: If you are renting a portion of a home occupied by the insured most companies will not cover your property unless you are named as an insured on the policy . If you are a guest in the home , the insured has the option to extend coverage to your personal property . If you are renting a residence , your property would not be covered . This is what a tenants policy is designed to do , cover your risks while you are occupying a rented residence .


Input: Does Homeowners Insurance Cover Renters Belongings?

Output: While the property of a domestic employee or guest may be covered , the property of a tenant or renter isnt . The renter can secure a policy of their own that will cover their property . These policies are relatively inexpensive and also provide liability coverage should the renter be sued for bodily injury or property damage .


Input: Which Company Has The Cheapest Car Insurance?

Output: I have been selling auto insurance for 23 years andi can tell you , they all do . It really depends on your circumstances . I have worked for two captive companies and now I sell for manydifferent companies . Many things going into determining your price . Your driving record , your credit , how many cars you own , your age , what kind of car , the coverage you choose , how long you have been insured with the same company . It is good to shop around , but it is also good to stay with the same company for at least 3-5 years to get the bestprice the next time your shop . Call at least 3 for quotes .


Input: What Does A Life Insurance Physical Consist Of?

Output: A trained , professional paramedical examiner performs the exam in your home or office . This routine exam will include taking information about your medical history , height , weight , collecting a urine specimen for urinalysis , blood pressure , pulse and collecting a blood sample . The exam will take about 45 minutes or less . If additional testing is required by the insurance company such as an electrocardiogram -LRB- ECG -RRB- or a chest xray , you will be notified in advance . We recommend scheduling the appointment at the least stressful time of day for you . Blood pressure can be artificially raised by stress . It can also be raised by caffeine , tobacco and alcohol so avoid these for several hours prior . Limit salt intake and rich foods for 24 hours prior to the exam . Fasting for 4-8 hours prior to the exam is also advised -LRB- and may be required -RRB- but drink plenty of water . Finally , avoid strenuous physical activities for 24 hours prior to the exam .


Input: What Does A Life Insurance Physical Consist Of?

Output: It 's going to depend on the age of the applicant , the face amount applied for and the company providing the insurance . In the most basic cases , the exam involves meeting with a medical examiner and going over health history , checking height and weight , blood pressure reading , blood and urine samples . For older applicants a `` resting '' ECG may be taken . For very large cases a full physical taken at a medical facility may be necessary , but this is only when a large face amount of coverage was involved .


Input: When Do We Have To Have Health Insurance?

Output: The Affordable Care Act -LRB- Obamacare -RRB- states that if you do not have health insurance by January 1st , 2014 you run the risk of paying a penalty . An independent agent can show you plans from all the major carriers and help you determine which plan would best fit your needs . The best part is you the service is free . The insurance carriers by the independent agent for business they write . You save lots of time by looking at lots of plans from many carriers and you get unbiased advice from the independent agent . You can run health insurance quotes on our website by clicking `` other '' and going to under 65 health insurance section . For folks 65 and over they can run Medicare supplement quotes on our website as well .


Input: What Effect Does Obamacare Have On Medicare?

Output: Though many will claim Obamacare , which is designed to cover non-Medicare beneficaries , does not have any effect on Medicare , such a statement would be false . There are many provisions in the Affordable Care Act that call for funding reductions in the Medicare payment system , including a provision , including the following : * Medicare Funding Cuts of $ 457 Billion by 2020 . Approximately 50 % of cuts are proposed to come from Medicare providers in the form of reduced reimbursement rates . These cuts are expected to offset 30 % of the cost of reform for those under 65 . * Fewer Providers expected to be available 96 % of Providers in US Accept Medicare 80 % Accept New Medicare Patients -LRB- 60 % in Texas -RRB- Medicare Enrollment Growing by 10,000 people per day 28 % of New Medicare Recipients Has Trouble Finding A New Primary Care Doctor in 2012 30 % Proposed Reimbursements Reductions will lead to even fewer doctors accepting Medicare More Providers Opting-out of Medicare System -LRB- including the Mayo Clinic -RRB- Fewer Doctors + More Patients = Longer Wait Times * Medicare Advantage Funding Cuts $ 135 Billion through 2019 , including $ 7 Billion this year 2014 , . This has already lead totewer Plan Choices , Reduction in Benefits andHigher Premiums for many . * Tax Increases 3.8 % Additional Medicare Tax on High Earners 3.8 % Tax Increase on Investment Income 2.3 % New Tax on Medical Devices $ 72 Billion in New Taxes to Insurance Companies These taxes that will eventually by passed on to consumers in form of higher prices ! * Closing the Donut Hole * 50 % discount on brand name drugs * 7 % discount on generics * Consumer Rebates for Reaching Gap * By 2020 , the Donut Hole will be replaced with 25 % cost sharing on all medications * 3.4 million Americans Will No Longer Fall in to the Donut Hole Each Year * 27.5 million Americans that Never Reach the Donut Hole Will Pay More for Their Drugs * More Free Preventative Care Services are now availablerventions for tobacco users * Creation of Accountable Care Organizations and Independent Advisory Board Accountable Care Organizations - places a degree of financial responsibility on the providers in hopes of improving care management and limiting unnecessary expenditures . ACOs that lower the cost of care for their members will by paid 50 % of the cost savings generated by the Center for Medicare and Medicaid Services . Independent Advisory Board Goal of reducing the per capita rate when growth in Medicare spending exceeds targeted rate . Board will recommend changes that become a bill and sent to the President and Congress to pass . If not passed , Congress must provide a budget with equivalent funding cuts .


Input: Where Can You Get Renters Insurance?

Output: You can typically purchase renters insurance through any carrier that offers homeowners insurance . When looking for new insurance coverage it is best to start with your local agent if you already have a relationship with them . Most agents handle nearly every line of insurance coverage within the state -LRB- s -RRB- they are licensed in .


Input: Can I Buy Auto Insurance From Another State?

Output: I believe that you couldbuy auto insurance coverage from any agent or carrier that is in another state , but they must be licensed in your state that you are purchasing the coverage in . Whom ever that you purchase coverage from be licensed in the states that they sell coverage in so that they can provide you with the coverages necessary within your state .