0
No.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Can you write off whole life insurance on your business?
Life insurance is tax deferred so you cannot use the premium as a tax write-off.
Can you write off health insurance premiums on your taxes?
No
If your car is a write off do you get back any of your insurance premium you have paid?
some of it i think
Is life insurance premium considered an expense?
Do you mean to write off for tax purposes? It can be depending on the business situation but if you personally write of your own insurance your death benefit would be a taxable event. 4LifeGuild
Does health insurance or homeowners cover a broken arm from a jump off of a fence?
Your Health insurance.
What is the benefit of buy term insurance?
The benefit of term life insurance is that once the life insurance is completely paid off, then the monthly premium are paid off by the dividends. People can also borrow from their life insurance.
Is there a law that an employer must pay for health insurance for a lay-ed off employee for 9 months?
No federal law requires employers to offer anyone med insurance - current OR former employees. Certainly no law requires the employer to pay the premium.
If your dental office participates with a patients secondary dental insurance do you still have to write off anything?
Yes. By your contract with the secondary insurance you are required to write-off the discount
What is a waiver of insurance policy?
I believe you are asking about waiver of insurance policy premium. There are certain insurance policies like children's plans, where even if the policy holder (Parent) is no more, the insurance company would waive off the premium payments and continue to provide the benefits to the policy beneficiaries (Children)
Can an employer force spouses off of the health insurance plan if they have a health insurance plan available to them through their job?
To my knowledge- No they cannot. It almost comes down to discrimination. If they offer insurance to one spouse then your employer shouldn't be able to turn to another person and say "sorry.. your spouse has health insurance options at her job.. denied!" You will be the one paying the premium to carry your spouse! I have honestly never heard of this happening. You should contact your corporate HR though. Hope this is helpful:) Evan
How can you find out when you last paid health insurance?
Off course you can check with that insurance company they surely have all the records of your health insurance installments and all. Or you can check your bank records.
Why is it important to have health insurance?
If you have no health insurance and something terrible happens to you -- say a head injury or a stroke -- you would need a lot more medical care than you could afford to pay for by yourself. Your doctor and hospital would press you for payment, but after you had paid all that you could (which might involve selling your worldly possessions), they would do one of two things: write off your bills or stop providing care for you. When they write off your bills, it means that they give up on having you pay; they hope that other people (most of whom have health insurance) can pay their bills, so they won't go out of business. Or they stop serving you, which leaves you without a way to recover. By requiring everyone to have health insurance, health reform is striving to have the costs for medical services more evenly spread across the whole population -- not just those who happen to buy health insurance.
