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 This is a question about surrendering a life insurance police, but I have a problem.?
I have a dynamic life insurance policy that I was told I could surrender and use for my daughters college fund. The amount is nearly $7000. I am the owner of the policy and I am the one who is ...


 How do you determine replacement cost for insurance claim?
i lost a number of clothing items and other items with basement flood. i understand appliance replacement, but what about items with such a range of price options
Additional Details
i ...


 Travel Insurance?
Well at first am asking this question because i need it very much...Soo you all know first think then you travel you need a insurance (reasons because maybe they will be some Cancellation Medical ...


 Should I get life insurance to cover a debt owed to me in the event that the borrower dies?
I am considering cosigning for a car for a friend. I trust her completely but if the grim reaper comes a knockin' I don't want to get stuck with the debt. Of course I'd be the most ...


 What is a 2 year contestibility period in life insurance?
...


 Workers comp And Loss Of Personal Health Insurance?
HI'
Has anyone had this issue before?
My husband has been employed through the union for near 13 years He was injured on the job and has since had surgery and is now in the process of ...


 Im a Police Woman in sydney who wants Life Insurance,rang up afew,but no luck,any1 knows which company 2 go?
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 Does having a homeowners insurance policy allow insurance people unrestricted access to my property?
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 Anyone work or ever worked auto insurance claims?
I just graduated college and it looks like I'm gonna get a job offer to work auto insurance claims for Allstate Insurance. Does anyone know anything about this kind of work? Is it boring? B...


 Is your insurance agent supposed to "go to bat" for you with a bad faith insurance situation?
I'm wondering if I should switch both insurance company and agent?...


 Do I have 3 months after my last day being covered by health insurance to sign up for Cobra?
I will lose my health insurance for one month (Dec) secondary to reduced hours a month ago. If I don't pay the Cobra premimium right away, can I pay it at a later date if I need the insurance (...


 Blue Cross and Blue Sheild re-adjust a bill from two years ago. Telling me I own a provider more money. WHAT?
Today in the mail, my heath insurance sent me a letter saying- THE CLAIN FOR THIS PATIENT WAS REVIEWED BASED ON ADDITIONAL INFORMATION RECEIVED. WE HAVE COMPLETED AND ADJUSTMENT, AND HAVE DETERMINED ...


 No Car Insurance?
If you get in a car accident and the other driver doesnt have insurance and they are at fault of the accident what happens? When the police came and ran the insurance and the other driver didnt have ...


 Toyota Corolla insurance?
Im just wondering, is the insurance on the toyota corolla (s) more expsensive than the (ce) or (le)....


 How do I know if an insurance company is legitamate?
I've gotten mailings from 21st Century Insurance. But before I bother applying, I want to know if they are reputable....


 Why would you listen to an insurance agent? Would you rather meet him in your home or his office? Why?
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 I had a back injury at work in 2006. insurance wants to settle. lawyer thinks i should settle. should I?
i still have minimal pain. can't drive,walk or stand for length of time. they are offering 30. i'm uncertain.
Additional Details
i had used this lawyer before for a neck injury....


 Does geico accept monthly payments?
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 Can speech pathologists who have private practices reject you if you don't have private insurance, but cash?
I was laid off of my job and my inusurance has ended. In the meanwhile, I need to see a Speech and Language Pathologist. I called a private practice near my home, and she asked me if I had private ...


 I was injured in a store what do i do?
i was getting an item when another one fell and injured me i am off work without pay for wks i filed a claim with the store they tell me they are not responible for anything.
Additional D...



Paul W
How much of medical insurance premium is deductable?
                     
 




55yrsnholdin
Rating
usually none. What can be deductible is medical bills and medical insurance premiums OVER and above the percentage allowed for your specific income bracket. You would have to itemize and prove everything. Talk to your tax preparer.


stephenweinstein
Rating
If you mean the Schedule A deduction, see the answer from 55yrsnho...

Also, there is an adjustment on Form 1040 for self-employed persons, but only for your business's health plan. The maximum you can deduct is your self-employment earnings (not the same as profits, see Schedule SE for the calculation) minus your deductions for self-employment tax and self-employed retirement plans.

A business can deduct the entire amount that it pays for its employees' health insurance.


mrinquisitive77
im sure but when you find out let me know because i was doing some research on that for school


mbrcatz
Normally none, unless you're self employed.


Steve S
Deductible is separate from the premium. Remember the higher the deductible the lower the premium. The lower the deductible the higher the premium. You should your insurance based on what you normally use insurance for. If you tend to visit more frequently use a lower deductible, if you use it for just annual physicals a higher deductible may make sense. Talk with an insurance ad visor to help you make the best choice.


Christopher H
Rating
Depends, check with your provider, my company changed this year and each company has it's own rules.


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