F.A.Q. This section is created so you can have question and answers to some common queries about your product or service. If you have a question that you believe should be listed, let us know, and we will be sure to add it. Homeowners How can I save money on my homeowner's insurance? Do I have to insure the total value of my home? What is guaranteed replacement cost insurance? What is covered under a typical homeowner's insurance policy? Do I need special coverage for collectibles? What kind of home insurance should I get? What is the fair market value of property? What kind of off-premises protection does my homeowner's insurance provide? I work from home. Is my computer and other equipment covered by my homeowner's insurance? What is mortgage life insurance and do I need it? What is renter's insurance? What kinds of protection does the liability portion of my homeowner's insurance provide? How much liability protection should my homeowner's policy provide? Does my liability insurance cover work that I do on a volunteer basis? Auto What are the different types of Auto Insurance coverage? What's the difference between collision and comprehensive auto coverage? Do I have to buy collision/comprehensive coverage for my car? What does Auto liability insurance cover? Do I need liability insurance even if I live in a "no-fault" state? Do I have to buy liability protection when I rent a car? What is uninsured motorist coverage? Why do I need medical-payments coverage under my automobile insurance policy? What can I do if my driving record prevents me from getting an automobile insurance policy? Can I deduct the cost of my annual auto insurance premiums? Life Do I really need life insurance? How much life insurance do I need? When should life insurance be purchased on my spouse's life? Is it a good idea to buy life insurance on our children? As a single person, do I really need life insurance to pay funeral expenses and take care of my debts? Is it best to buy life insurance through my employer's group plan or by myself? Is there an insurance product I can use to put away money for retirement? Is life insurance a good way to build a reserve for investing? If I am rated uninsurable today and am unable to obtain life insurance, can I, at some later date, become insurable? If I have been told I am uninsurable, is it still possible for me to purchase life insurance? What does it mean when a life insurance agent refers to a substandard risk? What is a life insurance policy's free look provision? What is the 30-day grace period on a life insurance policy? What is mortgage life insurance and do I need it? What is endowment life insurance? Is there a difference between a joint-life insurance policy and a second-to-die life insurance policy? What is a death-benefit only plan? Do I have to wait before I can collect the proceeds of my late spouse's life insurance? Do life insurance proceeds go through probate? Do I have to take the proceeds of a life insurance death benefit in a lump sum? When does it make sense to take the death benefits from a life insurance policy in fixed payments? When does it make sense to annuitize the proceeds of a loved one's life insurance policy? Disability What is disability insurance? Who needs disability insurance? Why do I need disability insurance? Doesn't my employer have to keep paying me if I get hurt while NOT on the job? What's the difference between worker's comp and disability insurance? How much disability insurance do I need? Should I own group or individual disability policies? Can I be covered by more than one disability policy? What medical information does an underwriter use in evaluating my disability income application? Can disability premiums be deducted from my paycheck and paid with pre-tax dollars? What does the waiting period in a disability policy mean? Annuities What are the basic types of annuities? Who are the different parties in an annuity contract? What is annuitization? Are annuities a good retirement investment? Are death benefits typically provided in annuities? What's the difference between the current rate and the guaranteed rate on an annuity? What kinds of charges are involved when purchasing an annuity? Why is the decision of when to annuitize an annuity so important? What is the accumulation phase of an annuity?