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Q: Will your parents' income determine what your insurance will be?
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Do you claim the money from life insurance policies from your parents death?

If you are the named beneficiary of their life policies you do. You can call and ask the insurance companies who the beneficiary is and they will tell you that much. I presume your question had to do with claiming the death proceeds as income. If so, the answer is NO! Life insurance proceeds are received income tax free.


Which helps to determine a person's socioeconomic status?

family income, parents level of education, and ranking of the school the person attends


Disability Insurance Needs?

Disability Insurance Needs One of the most common causes of income loss is through a disability. While most disabilities cause only temporary loss of income, any income loss can be devastating if you are not financially prepared. This calculator helps you determine how much disability insurance you may need to cover expenses during such a disability.


Mine income is well below the poverty line and i want to buy a house for the first time?

You cannot buy a home unless you can afford to pay the mortgage payments, taxes, insurance and upkeep of the property using your own income. You should speak with a banker to determine your status as a borrower.You cannot buy a home unless you can afford to pay the mortgage payments, taxes, insurance and upkeep of the property using your own income. You should speak with a banker to determine your status as a borrower.You cannot buy a home unless you can afford to pay the mortgage payments, taxes, insurance and upkeep of the property using your own income. You should speak with a banker to determine your status as a borrower.You cannot buy a home unless you can afford to pay the mortgage payments, taxes, insurance and upkeep of the property using your own income. You should speak with a banker to determine your status as a borrower.


Do most teenagers pay their own car insurance?

That's a question for a different forum. It depends on your parents and their ideals and ideology and income.


How can you get health insurance if you have no income?

If you have no income, how you will pay the medical insurance premia ? To get medical insurance coverage, you are to show atleast some sort of income to convince the Insurance Company about your premium paying capability.


How is Loss of Income Insurance calculated?

I don't know how insurance calculate it, i think they should go after gross income instead of net income


Is health insurance benefits earned income?

No health insurance benefits would not be a part of your earned income.


When was National Income Life Insurance Company created?

National Income Life Insurance Company was created in 2000.


When was American Income Life Insurance Company created?

American Income Life Insurance Company was created in 1951.


Where online can someone find low income insurance?

Low income insurance can be found online from many different websites. Some examples of these websites include Low Income Health Insurance and Metlife.


What information from the income tax form will be used to determine income?

From the questions marked 'Income'.