 Since insurance is required by law, why do they do a credit check? |
Insurance companies then can raise rates, or decline business because of the rating. Or lack of one, as with young people starting out.
I understand for a loan or mortgage, but not ... |
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 Who should pay for the lab fee for my medical examination? |
| Last October I took an immigration physical examination as a part of the "Green Card" application. The physician asked me,if I would like a general check-up with the blood sample he has. He ... |
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 What a choice? |
| Should I pay for the ticket for speeding, should I pay for insurance or should I save it to go toward my first auto payment?... |
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 Will my insurance cover my wrecked vehicle? |
| I slid off the road and slammed into a wall this morning. I drove home and didnt make a police report. Will my full coverage insurance cover me anyway?... |
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 How much is required down to open a homeowners insurance policy? |
| I am getting ready to buy a house and I am getting ready to switch my car insurance into my own name from my parents. I have to add homeowner insurance on to the policy. If I stay with the same ... |
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 Can I buy a 2nd life insurance policy? |
| I have a $150,000 life insurance with my employer, can I buy a 2nd separate policy from a different company? Will my beneficiary receive the amount of both policy?... |
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 We have a older camper trailer that we pull behind a pickup.? |
| Do we have to carry insurance on it like we do our vehicle?... |
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 What would I have to do to become a insurance agent? ? |
| I am looking into changing careers and was wondering how to get into say state farm, allstate, nationwide etc as a insurance agent? Do you need collage? Take there course?... |
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 Am I being followed by work comp? |
| I have a neck injury and shoulder injury from work. How do I know if WC has PI survellience? I am not doing anything wrong, but the idea is bugging me. Any hints to the honest injured person in ... |
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 What options do I have for maternity insurance? |
| Assuming any future births will have to be c-sections...how much can I expect to pay, what sort of waiting periods are there, what's the best deal?... |
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 What sort of homeowners insurance do I get on a house that I buy to refurbish but not live in? Is cost high? |
| I am considering buying a house to flip, but I will put it an LLC. I need to find out if the insurance on the house will be reasonably priced. I won't be living in the house but will be there ... |
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 Would this be a pre-existing condition for insurance? |
| Ok, about a month ago i had a sore throat and went to the doctor. He told diagnosed me with rhinitis which is the sinus leaking into the throat causing irritation. Took the medicine and it went away. ... |
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 If your insurance says they won't cover something, is there any way around it? |
Do appeals really work? Will a note from the doc saying it's "medically neccessary" help?? Thanks!
Additional Details
Adding more details to clarify.. my son (2 years ... |
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 AIG wants more money.? |
Twice the government has given them money and both times they have taken spa trips for Execs.
Is it time to say sorry AIG the tit has run dry.... |
|
 Can I use two different dental insurances? |
| I have Blue Cross Blue Shield and it covers dental as well as health, then I also have Delta Dental which is dental insurance only. Can I double up on insurance to save me some money?... |
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timul a | Can u finance insurance premiums through loans? |
If you finance life insurance and other insurance policies premiums through borrowed funds, how much of interest paid on these loans are tax deductible. |
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aaron p
 |
In a few cases, life insurance premiums can be financed (usually people over 50 in good health applying for $2m of more of life insurance). Make sure you understand which elements are guaranteed and which are non-guaranteed. Some premium finance situations give too much future control to the life insurance company, in my opinion.
Financing your premiums should not be done without the help of independent advisers, like a fee-only financial planner and an accountant - someone who doesn't stand to get a large commission. They should be able to answer your question and should be able to suggest other ways to save on taxes, through your lifetime gift exclusion for instance. Good luck.
Home and auto folks should avoid answering this half of the question just like I avoid answering about their half. Expertise in one area is not the same as expertise in all areas. |
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bud68
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None, I'd guess, unless you're talking about business insurance. |
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mbrcatz
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You can't finance life insurance premiums.
There are premium finance companies out there that will finance your insurance premiums, but the interest is only as tax deductible as the actual premium is. |
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Joe L
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Yes -This is known as Premium financing- TO do this the proposed insured must be worht at least 5 Million . Meaning in assets. In most scenarious you only pay interest on the policy which is determined by the financing company. As a brokerage manager i assist sevveral agent in arranging this for their clients.
joseph@carylevinson.com |
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Freedom
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Yes you can. No insurance agent is going to ask you where you get the money from to pay your insurance. Loan or no Loan as long as you pay the premium. |
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car253
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Many agents and brokers finance auto insurance premiums with loans or finance companies. Many customer do not even know this is being done. BIG mistake. That is really unncessary.
You need to ask your tax advisor what is deductible.
Life Insurance premiums are not financed with loans.
Call your insurance agent and ask them. |
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