Why doesn’t the government give tax deductions for self-purchased insurance like it does for employer-provided plans?
Isn’t this what McCain wanted to address?
Would the health insurance market work better if people purchased their own insurance?
September 2nd, 2010How does an insurance company decide on the payout for the deceased beneficiaries?
September 1st, 2010If the deceased person had supplemental life insurance through their job that was 5 times their annual salary. How does the insurance company decide how much the beneficiaries should receive if they even receive anything.
How does health insurance work in terms of payment?
August 31st, 2010Let’s say there’s a family, and there’s three different prescriptions for different medications within the family. Let’s say the Dad is paying for health insurance. Do you just pay for health insurance once, when you register for it? Do you pay monthly? Does the price you pay go up when you add more medications? I’m confused.
How do health insurance tax deductions work for a member managed LLC?
August 30th, 2010I own a business (LLC) with two other people. It is only us three; we do not have any additional employees. We pay for our health insurance through our business. Based on these facts, I was wondering how much I stand to save on my personal taxes. Is this a standard write off like any other business expense or does the IRS treat health insurance differently?
What website do insurance companys use to determine the value of your car?
August 29th, 2010My car was hit by an idiot who doesn’t know what a stop sign is. What website does the insurance company use to tell me what my car is worth? I live in Pennsylvania and i have Progressive insurance.
How will my insurance work out tomorrow when I buy the new car?
August 28th, 2010I called a friend earlier this week to buy insurance. He gave me a quote I like, and tomorrow I want to go ahead and get the car. Do I just call my friend and tell him I’m buying it, and will need the insurance?
I don’t have insurance (right now). My fiance is going to be financing the car w/me, and he does have insurance on his other car. Does that help?
What exact is whole life insurance, and how do life insurance companies profit from selling it?
August 27th, 2010Agents are always extremely keen about selling my family whole life insurance instead of term. According to the agents, whole life is preferable to term since it does not expire and as a result the beneficiary is guaranteed some payment upon the death of the insured. However, why would the insurance company profit from such a setup if they are bound to pay back an amount that is at least equal to the total amount paid?
I have tried to do some research on my own, but I still can’t seem to fully understand this matter. Any help will be greatly appreciated!
How is auto insurance affected by a divorce when there is a debt owed and its in both parties names?
August 26th, 201015,000 owed and in the middle of settling community property. She is the primary driver. As of right now the insurance is set up as if we were still married as the insurance company is not aware of the divorce. What would happen if she were to get into an accident in the vehicle.
How cheap is insurance rates for a 16 year old driving a ford escape?
August 25th, 2010Okay. I recently got a ford escape. I understand that I am not old enough to sign the contract to have insurance, so I am getting my parents to, and I will be paying the premiums. I am a 16 year old male, I have gone through driver’s education, both in car and in class.
How cheap would my insurance be?
By the way, I live in Ontario, Canada, and the car cost around 00.
What if health insurance companies were allowed to sell across state lines?
August 24th, 2010My friend who is an MBA said that if this were implemented, all the insurance companies would just move to South Dakota, because they have the weakest laws, and then they would be able to sell insurance to everyone and ignore all the other states’ laws. Is that true?