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Otto Von Bismarck introduced old-age social insurance in Germany in the late 19th century to address social unrest and prevent the rise of socialism by providing a safety net for elderly workers. This system helped stabilize the country by promoting social welfare and demonstrating the government's care for its citizens.
What else can I help you with?
Does it make sense to purchase disability insurance at age 72?
Here is advice: * Not only does it not make sense, you can't! It may, however, make very good sense, depending on your own personal situation, to buy Long Term Care insurance. * If it were available to a person age 72 which I doubt, it would not make sense to purchase it.
Can you collect from a Gerber life insurance policy after you turn 21?
Yes, you can turn in the policy and receive the cash value. However, the amount of money you receive will depend upon your age, how long you have had your insurance and the policy's benefit amount.
Is there a insurance company that will insure a 86 year old male with life insurance?
american continental..through Aetna. ANOTHER VIEW: This company may offer such insurance, but there are many other factors. Life insurance, like other kinds of insurance, is underwritten according to risk factors relevant to the type of insurance. That is, the insurer has guidelines by which it determines whether or not it is willing to issue the policy, at what price (premium) and under what terms. In the case of life insurance, much of the determination depends upon the health of the insured and how much insurance is sought. It is critical that you deal only with an authorized insurer (one that is licensed to issue policies in the State in which you live), as there a great many scams. Also, with respect to the amount of insurance sought, be sure to carefully examine what you have to protect. That is, are you trying to provide for a surviving spouse or dependent children? Is the house paid off? Depending upon the answers to those questions it may or may not make sense to pay insurance premiums. At the age of 86, limited funds might be put to better use than paying life insurance premiums.
Whattype of insurance do you need when you reach retirement age where assisted living needs may exist?
When reaching retirement age and considering assisted living needs, long-term care insurance would be beneficial as it can help cover the costs associated with assisted living facilities, home healthcare, and other long-term care services not covered by traditional health insurance or Medicare. It is important to review policy details carefully to understand coverage limits, restrictions, and eligibility criteria. Consulting with a financial planner or insurance agent specializing in long-term care insurance can help you make informed decisions.
Is their a amount of money a retired person can make if he is on social securty?
Yes, retired individuals who receive Social Security benefits can work and earn a limited amount of money without affecting their benefits. This is known as the Social Security earnings limit. Once their earnings exceed this limit, their benefits may be reduced.
When receiving a life insurance check why do they need your social security?
the insurance people want to make sure the cheque is going to the right person.
What prediction did Bismarck make?
War will start in the East.
Who pays social insurance?
Government or Local Civic Body make a provision in their budget for the payment of the premium paid towards insurance provide to the economically weaker section of the society.
Why did Bismarck give sufferage to males?
to make the world even for some people
How much do you get monthly income on social security disability income?
How much money can I earn monthly while on Social Security disability Insurance
How much does an insurance broker make?
How much can a insurance broker make
What were Otto von Bismarck's goals?
To make Prussia the dominant power in Germany and Northern Europe
What contribution did Otto Von Bismarck make to Germany?
Otto von Bismarck played a crucial role in the unification of Germany in the 19th century through his strategic diplomacy and realpolitik. As Prime Minister of Prussia, he orchestrated a series of wars against Denmark, Austria, and France, which ultimately led to the establishment of the German Empire in 1871. Bismarck's policies fostered a sense of nationalism and unity among the German states, solidifying Prussia's dominance. Additionally, he implemented significant social and economic reforms, laying the groundwork for modern Germany.
How can one get car insurance from Churchill Insurance?
To get insurance from Churchill Insurance you must make an appointment with a representative and make an account. They will give you forms to fill out for the car insurance.
How long does it take to get an AIG auto insurance quote?
Depending on the auto insurance provider you can get an auto insurance quote within a few minutes online or by calling their customer service line. You will need your car make and model, and some may ask for your social security number.
What are the importance of psychosocial development?
Psychosocial development is important because it encompasses the emotional, social, and psychological growth individuals experience throughout their lives. It influences how individuals form relationships, cope with challenges, and make sense of the world around them. A healthy psychosocial development is essential for overall well-being and successful navigation of life's demands.
Stop paying social security tax when you make?
When you have one employer the amount of FICA ((OASDI) Old Age Survivor and Disability Insurance) for your social security would stop once your wages with the withheld social security amount reach 106800 and social security amount withheld would be 6621.60
