 I need help based on Health Insurance? |
| I live in Texas and I work 24 hours and sometimes 40 when I get to have overtime I take care of my children on the weekdays and work on weekends Iam trying to find a health insurance that will either ... |
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 Health insurance in florida? |
| Does anyone know where i can get good health insurance in florida. I hane been living here for the past 7 years and i had BCBSF before, it helped alot but i really could not figure out the deductible,... |
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 How do i obtain an alabama insurance license? |
| i want to know how long it takes, how much it costs, and where i have to go. any help would be appreciated.... |
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 Why do I feel bad if someone named me beneficiary in their life insurance? |
| I'm terrified and superstitious, and though this person has been mean to me several times, I am quite fond of him. He's not likely to die anytime soon, but does live rather irresponsibly ... |
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 I revisited my doctors office today, and they told me I had a balance of $225. But I received a prevntive svc |
| I received a colposcopy and a cervical biopsy I was under the impression that these were preventive screening and I would not have to pay anything. Is there a way to get my money back from either ... |
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 My health insurance company is cancelling my policy because my company did not pay the premium.? |
| I got a letter from my health insurance carrier saying my coverage was being terminated as my employer did not pay the premium for the last three months. However, They have taken the premium's ... |
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 Can I get health insurance working for a small business as a volunteer? |
| I work in a small family business as a volunteer. Can I participate in the health insurance plan offered through the business even though I don't receive a paycheck?.... |
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 Home owners insurance? |
| Will home owner's policy pay out if I did not obtain permits when remodeling my basement? Will I have problems selling the house?... |
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 Life insurance politely? |
| insurance company said there is a new law that because the benifishary is 17 years of age then they only have to pay $10,000 of a $50,000 left to her upon her dads passing,he paid on it for 15 ... |
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 What options do I have for life insurance after being declined 3x's now for a pre-existing condition.? |
| I am 35 now and had 2 stents implanted 3 years ago. Aside from that, my health has greatly improved since the procedure. My cardiologist even approved me to compete in tri-athlons. I applied for term ... |
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 Will Home Insurance cover the stuff that was stolen from my house? |
| Our house got broken into when we were at school and work. When I came home everything was thrown all over and we were missing alot of things. Like 2 Ipods, 2 digital cameras, dvd player, PSP, DS, 3 ... |
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 How does one go about getting hospitalization insurance? |
| I have medicare (Part B) and medical but no part A (hospitalization). I can only apply for it in Jan-Mar timeframe. In the meantime, I'd like to have hospitalization coverage.... |
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 Accident and dismemberment supplemental insurance? |
| im looking for a supplemental insurance company tha pays you back some of youe monthely premium when you dont have a claim for that year. does any one know the name of a company?... |
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 I was in an accident 6 yrs ago and was injured. Now I need surgery, can I have the insurance still pay for it? |
| I went to a chiropractor and had my shoulder popped, it developed scar tissue. The other guy was at fault and his insurance paid for that, so will it pay for the surgery?... |
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 R&C charges - does doctor waive? |
| My mom has a PPO and went to an out of network specialist for her back. She just got an EOB and her insurance only paid R&C and left her with an additional $700 of bills. My question is this: Do ... |
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 Will i need to file an insurance claim? |
| An electricity pole by my house fell over last night (no wind or storm just snapped and (iam assuming) caused something to happen with the electricity in my house. My house sitter woke up to no ... |
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 Health insurance for my to be step son...? |
| my boyfriend wants to get his son health insurance but not himself. I think he should insure both his son and himself but he doesnt want to. He wants to wait until we get married and he can get put ... |
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 Will home owners ins. cover damage caused by neighbors? |
| Neighbors trampoline blew into our yard and damaged our property,will our home owners insurance cover it if the neighbors refuse to pay for it?... |
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drdukecio | What is a "living needs" benefit of a life ins policy & why is it limited to aid the dying and not living? |
According to my life insurance company, the "Living Needs" benefit will only come into play if one has 6 or less months to live. How does this assist one who is living with a terminal illness, especially when it is difficult to determine just how long this person has to live? |
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mrjo_ct
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You need to remember, the purpose of the life insurance is not to benefit the insured but to benefit the beneficiary. What most insurance companies will do is make an exception to what the policy is intended and allow you to collect up to 1/2 of the proceeds in the event of a terminal illness. Terminal is defined as having 6 months or less to live.
Another living benefit of a permanent policy is the cash value that has been accumulating tax deferred. A number of people will use these policy as an additional way to save funds for retirement. These can either be borrowed out of the policy, or gained when a policy is surrendered.
Each person has their own individual needs. People should consult insurance professionals to help them make the proper choices. |
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529s.com
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Many insurance companies will allow for a percentage of the death benefit to be available prior to death for terminally ill persons. This benefit is usually granted after the doctor has made a written statement that is then submitted to the insurance company. |
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LifeInsuranceAgent
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If you are terminally ill and in need of immediate cash, the living needs benefit is a way to obtain part of the death benefit now to help you out financially. Keep in mind that this will decrease the amount your beneficiaries would have received.
There are companies that specialize in determinging your life expectancy. They can reasonably determine your life expectancy based on the condition you have. Obtaining this benefit is more involved than just submitting a note from your doctor.
You also have other options available with a life policy such as a life settlement or viatical settlement which may provide you with more immediate cash than a living needs benefit. |
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deidrec1962
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the medical community is getting pretty good at determining if you have less then 6 months.
The reason life insurance policies add this provision is so that when expenses are very high during a devastating illness, the insured doesn't cash in the policy for it's surrender value to pay these expenses thereby leaving their dependents with no benefit at death. If you've never had to care for someone with a terminal illness - you'd be amazed at the expenses. |
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scratchpar72
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mrjo is right. If you're looking for benifits while alive, buy health insurance. If you want something to guarentee that your family's house dosen't get repo'd when you die, buy life insurance. |
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