What justification would be credited and debit if expired insurance for the month is record?
Question:
Answer:
If insurance for the month is expired and I'm assume it was a prepaid insurance than:
Debit Insurance Expense and Credit Prepaid Insurance
respectively month(I think, possibly it's year), debit Insurance expense and credit Prepaid insurance (you have to debit prepaid insurance originally)
OMG! i'm so excited...! I know the answer...
Debit Insurance Expense
Credit Prepaid Insurance
Data on enthusiasm insurance india?
Question:
i need background regarding duration insurance in india. more specifically background classified on regionwise,genderwise,classwis... etc.,
Answer:
good luck beside that. there's no way of tracking that facts.
Query on General Insurance?
Question:
Is there any Insurance Policy which covers hospitalization expenses of entire relatives members contained by case of sickness.
And if yes afterwards which policy is it? & How much amount is sum assured? And what would be approx Yearly premium? Please advice
Answer:
These policies are particular as Mediclaim Policies and will cover self or family for a length of one year. Some of the popular ones include LIC, SBI, Sundaram and Reliance. Most General Insurance companies will have a mediclaim policy.
Premium:
The premium vary with the age of the policy holder or age of family unit members. It vary between Rs 1000 to 1500 per year per person below the age of 35 and go all the passageway upto 5000 per year for the aged. The policy generally is applicable to the age of 60 or 65 depending on the company.
The sum assured within the above premuim will be Rs 1 lakh per year per person.
Look at the following when looking for a Mediclaim:
Floatation route: Suppose you are 3 people contained by the family and you lug a policy for Rs 1 lakh per person, this will allow you to move the 3 lakh total coverage among any of the 3 populace with no restriction at 1 lakh.
Premium Discount:
Companies will provide you next to 5% discount for the next year if at hand is no claim the current year.
Critical illness benefits:
Some mediclaim policies will rule our critical illnesses anthere are policies simply for critical illnesses. Make sure that you are clear at what you want. Cancers, HIV etc are treated as critical illnesses and these may/ maynot be covered. read the fine print.
Medical tests:
Some policies distribute its members free access to medical audition after 4 or 5 years. Make sure if your scheme allows you that.
No dosh treatment:
Most mediclaims will allow you to show your card at the designated hospitals with prior concurrence and all bils are directly sent to the insurance company. You will not enjoy to shell any money from your pocket. Make sure you have this facility.
Last but not the lowest... read every line and word mentioned surrounded by the scheme as at hand are plenty of people promising the moon and the stars...but singular a few who can be trusted...
Medical funds for knees replacement?
Question:
I am a single mom with a terrifically low income and no health insurance. I want double knee replacement but can not afford it. Does someone know of anyplace that will wage for it?
Answer:
Don't know where you live but if you are contained by the US and you have kids you may qualify for medicaid. I would step check on applying.
Go to your local Department of Human Services and to your local United Way Headquarters. Between these two offices, they will be capable of direct you to the best options available for your situation.
Their access to resources and information is your best hope for minister to. If you attend a local church, sometimes they can help, also.
Good luck.
Anyone that does medical billing/coding on here?
Question:
Question: Sebaceous cyst, over 4cm excised, forehead, coded 11446 with modifier 22 showing complex (layers involved) ...disagreement near nurse who doc has more or smaller quantity turned over superbills to "audit" for being sure everything is on them...duhhh anyway, she requirements to also code a repair code for complex repair. in AMA 2007 book clearly states for 11446 do not use repair code....showed it to doc and tried to her but she only just said I have 5 pgs showing can do it...The one to be precise doing the billing read it and she said she is not going to put that code and if they want it then they can bill it after reading what the book said.
Whats your thought? Was done within office, local used, and thats it, excised, pt returns for follow up to check for infection and no problem once it be excised and sewn up.
Answer:
You're right. She's wrong... But, she's a nurse not a coder. Same goes for the doc.
Its probably a short time ago going to bundle... Let her use the bad coding. No skin stale your nose.
Bail bond insurance company B.U.F. Fund?
Question:
I was wondering if anyone could bring up to date me how a B.U.F. fund works. I.E. do you have to put money surrounded by it to start out or just put money within after each bond you write?
Answer:
Most of the time, you inevitability an irrevocable letter of credit from a wall.
Would you expect a person's want for duration insurance to increase or cutback as they bring back elder?
Question:
Answer:
It depends on how they manage their finances. I would expect the have need of for life insurance to decline. Right presently, the client may have lots of debt, hold kids, and own a home, and don't have much money save, so loss of life can be devastating to the own flesh and blood. So the client needs lots of income protection. In the next years, kids grow up, mortgage is paid rotten, and hopefully the debt amount is low, so the need for enthusiasm insurance is low, but the client better have lots of money save for retirement.
My company has other sold term insurance and backing the client invest the difference. Then the company got even more involved near the client by helping the client eliminate debt and create a financial hobby plan to achieve client's goal. Anyway buying term and investing the difference really works. 30 years ago, it be just guess that it may work. Clients from 30 years ago had no winter sport plan to save and when they spoke to an agent, they very soon have in the region of half a million to a million sitting surrounded by their retirement accounts. Too bad Roth IRAs weren't created subsidise then, the entire picture could go grew tax-deferred and they would own more money in it. Anyway, if you enjoy that much money, do you still need enthusiasm insurance?
I would expect their need for it to increase as at hand is more ways for them to hurt themselves as they are more fragile.
Depends on how much older. During the years that a creature is supporting a family, the have need of for insurance is greatest, and as earnings increase during that spell, the need increases. However, once the family-supporting days are over, want would dramatically decrease.
Most those would think that the obligation increases with age - however from an insurance attitude it actually decrease.
In theory as one ages his or her financial responsibilities lessen ie children leave home... mortgage is compensated off etc.
Life insurance is to give support to one's survivors take concern of outstanding financial obligations surrounded by the event of one's unexpected demise.
Life insurance desires decrease as you go and get older. They may want it to cover a few bills and funeral expenses but not much else. By this time, thay should have save enough for a comfortable retirement. If this is the bag then within, again, should be no reason for deeply of insurance. If, on the other hand, they haven't save well adequate, home is not paid for adn they still enjoy a fair amount of cc bills, after i would say that they would inevitability insurance.
There's no "one size fits all" answer to a question close to this. For example, an older creature has have an opportunity to pay rotten their mortgage, acquire goods and property and would own even less desires, whereas a younger person is usually looking at more debt, college loans to foot, all of the prospective costs of establishing themselves.
So the actual answer depends on the kinds of individuals that you are dealing near, on average, let's assume that the majority of older folks own managed their lives capably. In those cases, the need for enthusiasm insurance diminishes.
The younger you are, the less life span insurance costs. Term life is the cheapest but have zero worth, ordinary time has dosh values that can be borrowed against and are "safer" than investing in the stock flea market.
Individual lifestyles are the most important considerations to planning.
Normally, it decrease, if the purpose is to put minor children through college, and pay sour your house.
The only time it increases, is if the purpose of the insurance is to recompense estate taxes. Estates tend to grow with age - and at like time, dependents grow less dependent. After adjectives, if you have $20,000 contained by the bank, no debt, and no dependents, you own NO NEED for life insurance, you can absolutely pay for your own funeral!
So it is push button to determine the intended PURPOSE of the life insurance, and approaching any OTHER financial tool, have an "exit strategy" surrounded by mind.
The need for natural life insurance typically increases for a while, then will start to lessening. It increases due to mortgages, kids, retirement needs etc....afterwards will decrease as these things are remunerated for throughout ones life....its adjectives individual though
It totally depends on the situation. If you're looking at a typical case where on earth someone buys term as a young person, then get married, might leave at the back a wife/hubby, kids, a mortgage and the like, after the need would increase. If you're discussion someone who is considering dropping a policy or surrending part of a policy because they don't have need of to leave anything to kids/spouse, and not much surrounded by the way of bills/debts to cover, later it might decrease. However, surrending fragment of a policy may or may not be possible: it would depend on the type of policy you got and whether a partial surrender is even possible. If someone anticipates this arranged, they can plan for it (the decrease) by buying a 20 or 30 year level occupancy policy w/ a conversion period, later convert part of the policy to all-inclusive or whole time.
I would expect a person's need for duration insurance to change as they receive older.
Life insurance is to protect those who rely on you for financial support.
As you grasp older you may seize married, have children, buy a house, buy a vehicle and incur more financial debt and obligations.
However, as you bring back older, you may also set free more money, thereby lessening your call for for life insurance.
Either mode, life insurance is smaller quantity expensive (usually) if you purchase it at a younger age.
Also, term time insurance is the most inexpensive form of life insurance, roughly, for younger people.
If you expect your financial obligation to grow in the adjectives, you may want to consider level possession life insurance for 20 or 30 years.
I hope that help! Best of luck to you.
How can I find if my children's father have assests formerly his extermination?
Question:
My children's dad died in feb. and I know he stood to inherit money and he have told me that he had enthusiasm insurance, yet his present wife said that he have none. I am concerned that she is trying to keep my children from getting what their dad have left them. I'm not sure how his familial will handle his inheritance but I know that she have never liked the fack that my ex would not dispense up his rights to his children. if it helps my ex lived surrounded by Georgia
Answer:
If he left insurance that name them beneficiaries, there is zilch his present wife could do to prevent them from being remunerated. The fact that they haven't be paid suggests that he didn't identify them as beneficiaries on his insurance policies. The money he owned, from whatever source, would be subject to his will and probate. Again, it is unlikely that if his children be named within his will, that they wouldn't receive money, unless his assets were so small that no probate be required. If his will didn't name them, consequently you need to determine whether they hold any statutory rights under Georgia imperative.
You need to speech to an attorney.
If he had a will, or not, near should be a court record. This would ordinarily be information that you could make a purchase of.
Your question doesn't mention your children's ages, whether or not you own any joint custodial rights or basically where you fit into the picture so it's difficult to proposition assistance.
Perhaps you ought to add some of that information to your enquiry.
you can contact the country court house where he lived by letters if you live out of state and ask if his will (if he had one) be in probate court.... or any account on file.
If it be probated it would have have to have a explore done to find you or your children so as to receive any monies belonging to you or them. The case would not be closed until adjectives money was distributed according to his wishes.
This is adjectives assuming he had it surrounded by writing and had not changed anything. Have you talk to his family? Are you still close to them? Perhaps some of them could tolerate you know how things were done.
Does homeowners insurance cover spare living expenses and personal property?
Question:
Answer:
Depends on what you mean.
When most inhabitants say homeowners insurance, they're referring to an HO3 policy form, which have SIX built in coverages, including personal property and more living expenses.
BUT, technically, a homeowners insurance policy is any policy that covers your home. So, if you, for example, purchased your house coverage through your state FAIR plan, it does not include additional living expenses and personal property, unless you specifically ask for it, and pay cheque extra. If your house is a rental house, and you have a DWELLING FIRE policy on it, it does not include more living expenses and personal property.
So it depends on the form, NOT the "name" you call it.
Most comprehensive home policies cover your optional living expenses while your home is being repaired or replaced IF the repair is covered by your insurance. Most of your personal property is also covered up to the curb of the policy. However, some property, such as expensive artwork and jewelry, is not fully covered unless you have specifically added that property to your policy.
The singular way to know for sure is to read your policy.
Contact your agent, these are the quality of questions that they
can answer by phone, it costs nil to ask, and you can
get details that we could not supply you here.
The answer is YES.
Personal property is also covered under homeowners policies. The coverage hinder for most personal property is 50 – 70% of the amount of coverage on the house. However, policies include special limits of liability for trustworthy items, such as coins, precious metals, valuable papers, watercraft, business property and other items. If more coverage is needed, liability limitations may be increased through riders or endorsements, or by purchasing separate policies.
Personal property is also mostly covered under homeowners policies against loss away from home – even when outside of the US. Many policies provide this worldwide coverage against property destroy. Additional insurance can be purchased to protect property from theft away from home as in good health.
Loss of use coverage pays for additional living expenses related to maintain the insured’s normal standard of living if the residence premises is uninhabitable due to a covered peril. The uninhabitable residence premises must be the insured’s principal place of residence surrounded by order for the coverage to apply. The insured can choose, as an alternative to the gift of additional living expenses, to be rewarded the fair rental utility of the part of the residence where on earth the insured lives, minus any expenses not required while the premises cannot be lived in.
If the uninhabitable premises is rented out or held for rental by the insured, the insurer will clear fair rental convenience, minus any expenses that do not continue while the premises is not fit to live within.
Homeowners insurance does cover personal property (to the stated amount in your policy). Your policy should also cover auxiliary living expenses unless otherwise stated. Be careful near some providers. Read the policy coverages and the exclusions in the policy. Always dance with a all right known provider vs a small inexpensive provider. (cheap is not other better).
Living expenses while the home cannot be occupied. Personal property next to limitations. Both answers are usually.
Yes.
Usually
Which is better of section head or business partner surrounded by icici prudential natural life insurance?
Question:
Answer:
unit controller, because you will be working from inside the system, so you can utilize the company resources and the experience of working as a unit proprietor has get more value than the business partner. if you become the business partner you will not be capable of handle your troop of advisors efficiently.
adjectives sincere managers
Where can I find an AARP party to tell to just about condition Insurance?
Question:
In live in North Manchester Indiana. I am a widow. Insurance for myself and I am 63. Birthday is 10/08/1943. Fairly well brought-up health and my Insurance Premiums are OUT-OF-SIGHT. I draw respectively month $1004 and my health Ins. is up to $442 a mo. this isn't including my clearance for Life Ins. I hear that the AARP Organization is good. Been trying to take ahold of them but, with this talking-to-a-machine entity is just broken so, is their someone out their that would know when and where the subsequent AARP Meeting is going to be at? Maybe I could talk to someone frontage to face.
Answer:
AARP uses United Health as the underwriter for their policies. United Health is one of the better companies and is also agreed as Golden Rule for individuals (my personal policy is with Golden Rule). However, at hand are some differences between the AARP policy and the Golden Rule policies which makes the Golden Rule policy better. Also, the premium on the Golden Rule policy is usually slightly smaller amount that with the AARP policy.
You'll inevitability to contact a local independent agent who deals next to Golden Rule and they can help you. They can also look at some other companies to try to acquire you a better deal and can also suggest other ways to lower your premium. Depending upon your situation Golden Rule may not be best for you. If you run through an independent agent you also have someone to assistance you if there are any problems getting you on a policy and also while you're on the policy. If you travel directly through AARP you have an 800 number for assistance but you never verbalize to the same entity twice, which as you know can be frustrating.
Do not under any circumstances abolish your current insurance until you are accepted by another plan.
Maybe you can gain some info from the website.
www.aarp.org
The AARP Health Care Options by United Health Care Insurance Company, doesn't have Agents within the field, however, you can other work with an Agent near the AARP HCO program. The actual location of The AARP HCO program is located in Pennsylvania, we enjoy two centers, one in Allentown and within Fort Washington.
You can call them at 1-8OO-272-2146
The Agent will ask you some question and see what plans are available in your state.
Can I dosh a insurance check for harmed to my sports car that I did not hold fixed. And I no longer hold the vehicle?
Question:
I had an calamity. Insurance company sent me a check made out to me and the body shop for repair of my car. I did not enjoy the car fixed. I traded the saloon in near having it repaired. I did not bread the check. I still have the check. My grill is can will the insurance company re-issue the check in a moment ago my name since I did not seize the car repaired?"
Answer:
Yes, you can change the check. You legally remunerated for auto insurance. Even if you wrecked the car, it's your way out if you get it repaired or not. Either passageway, the check is still legally yours.
The insurance company give you the check for repairs if you opted out of that risk they will not re-write the check so you can use it for a shopping adventure.
You shouldn't enjoy a problem getting the insurance company to reissue you another another check. The check was made out to you and the saloon repair shop if they had done the repairs on your motor but they didn't..This is my opinion but also read your policy.
You'll own to have the body shop sign bad on it. You can tell the adjuster, you get rid of the car, and they should reissue the check to merely you.
What is the best hospital and surgery insurance policy contained by Singapore?
Question:
Which insurer, name of the plan, for someone aged 40+ y.o. etc.
Answer:
The best would be NTUC. First you buy their medishield cover. For the co-insurance slice, you buy a separate policy from them. This way you are 100% covered. Many inhabitants over insure unnecessarily and their medishield policy is unused and their premiums wasted.
Who is the cheapest moped insureance company surrounded by the UK?
Question:
Im looking for moped insurance in the uk but hold on getting rediculous quotes of over lb500 when the bike is only worth lb700, can anyone assist ?
Answer:
There is no such thing as "cheap moped insurance" if you surface to be young and inexperienced. Poor driving and the claims experience that go with it; by and large thefts put rewarded to low premiums over 20 years ago. A number of insurers will only provide restricted cover as a result of this.
Start good for a car and the insurance to progress with it - put aside motoring
I could help if I be in the UK. But this is the USA subdivision...
Life Insurance entry into an accounting program.?
Question:
Can anyone tell me how to trademark the above entry? Is it an asset, equity, liability or what?
Thanks a bunch.
Answer:
Its more of an expense like sports car insurance. Even if it had currency value surrounded by it, its still not an asset until you cancel the policy.
If I get the drift the question, you are paying for enthusiasm insurance. If you are paying a normal bill contained by which you are paying for coverage in the current accounting term, it is an expense. If you are paying in credit, it is an asset (prepaid expense) until coverage is provided. If you are entering a payable for which coverage is currently in force, it is a liability (accounts payable) until it is remunerated. If you are referring to a whole existence payment within which a portion is an investment, then the investment portion is an asset.
Clear as mud? Hope it help.
Good luck!
Because there are different methods of accounting, this probably belongs within their forum, but generally the bread value (if any) is scheduled as an asset and premiums are listed as an expense.