Will an insurance company insure a person who has a restricted license?
As long as you are not driving illegally they will. It’s debatable whether they could deny liability if you are driving in disturbance of your confinements and you might need an attorney. Otherwise, if you are operating it and as long as you haven’t been proclaimed an unacceptable risk.
What insurance company will provide medical coverage for a person with lupus?
The Affordable Care Act, if it is upheld by the courts, makes certain switches in the capability for insurers to exclude applicants from coverage based upon certain preexisting conditions. Normally, there are preexisting condition exclusions in private health insurance policies. These exist so as to permit insurers to maintain a balance inbetween the cost (premiums) for insurance relative to the magnitude of the risk assumed.
What health insurance company will insure a person with a pacemaker?
Google a search for “assured issue” plans and policies online. Depending on the state where you live, these limited benefit plans can suggest you some form of coverage when you don’t qualify for traditional plans. In the state of Florida, these type of plans will become available in January 2009. Google a search for “Cover Florida” for details. PCIP is federal health insurance for people with pre-existing conditions. It is inexpensive, about $200/mo depending on your age. Eligibility and premiums are not based on income. State assigned risk (assured issue) plans cost $600-1000/mo. FL and TN have plans that are inexpensive, but have utterly low annual and lifetime maximums of $10K and 25K.
Will an insurance company insure a person who has a suspended license?
It’s not likely due to the fact that the company would consider the person a high risk. In most states it would not be legal to insure a nonlicensed driver. In many cases person’s who have a licensed suspended will have valid insurance coverage cancelled or at the very least resticted..
This is not always true. If you go to Progressive.com there is an option for a suspended license as you can pay your ticket or take care of the suspension and remain with your insurance company. Your premiums will be higher, but you will be able to get insurance.
How can a person find the car holder’s insurance company?
If you have name/plate/vin etc. Contact the law enforcement for your town, and perhaps the DMV as well, most states require proof of insurance or financial responsiblity at the registration/renewal of the vehicle and may have the company in those records.
Does it matter if a person is insured by more than one company?
Life Insurance Reaction .
No. The only thing that matters is when you apply for life insurance is to tell them. There are boundaries on how much insurance you can get based on income and needs.
Should the insurance company contact the insured person when a life insurance policy matures?
When the policy matures, an attempt must be made to contact the policyowner at the last address the insurance company has. But if they have moved and not notified the insurance company, after a few months, the maturity value of the policy will be sent by the company to the State that they operate in as unclaimed property. If the policy simply completes – such as with a term life policy – the policy will state the date when coverage finishes.
How do you sue another persons insurance company for an accident that was their fault?
You don’t. You sue the individual. The insurance company is obligated to take care of the obligations of the individual.
Does a company of one person need Workmans compensation insurance?
Genrally this means that there is one proprietor of a business. There are no fucking partners, investors, etc.
What companies suggest individual dental insurance?
Dental care is very significant to keep our assets healthy. Even tho’ Dental care is becoming very hard to afford due to the increase in the cost. This stresses the need to have dental plans, that provide a breathe of ease from the cost. Many Americans put off taking care of their teeth until they are in ache. I know I’m guilty. When I was youthful I put off fixing my teeth because I didn’t have the money. I waited until I was hurting, by that time the problems were a lot thicker, more expensive and left flaws in my smile. .
Many companies suggest dental insurance.
Can insurance companies reject a person with numerous sclerosis?
Yes, I was refused by several private insurance companies. Unicare, United Healthcare and others. However, if you are able to work, group policies will include you for coverage.
What is the person behind the name of the Lloyds Insurance Company?
Lloyd’s of London was a public house or “pub” where owners of ships or cargo met and paid to ensure that the ships and/or cargo reached their intended destinations despite weather conditions, pirates or war. This was how the very first “marine” insurance came to be. All other insurance came to be known as “Inland Marine” insurance. Lloyd’s was the very first and therefore the most prestigeous..and still is.
Why do insurance companies ask individual questions?
Insurance companies ask “individual” questions simply because they need to know if your eligible for the insurance or not.
What do you do if the person that hit your car will not give his insurance info to your insurance company?
As long as you got the persons Lic Plate # and gave it to your insurance company you should be O.k. This is if your insurance coverage is up to date, otherwise you should have filed a police report. You pay your Ins. Company so they have to and will do all the necessary paperwork and investigations. If this person does not have valid car insurance then hopefully you carry “Uninsured motorist” coverage unluckily you still have to pay your deductible. https://www.sdphotoforum.com
Explain underinsurance and the implications of underinsurance?
In a word… Co-insurance penalty. Not every property insurance policy has a co-insurance clause, but most do, and it is one of the least explained but potentially most significant things policy holders should understand..
The co-insurance clause is represented by a percentage – 80% or 90% are common. This percentage represents the amount of coverage you are required to carry in relation to the replacement cost of the property insured. For example, if have a warehouse of stock worth $1,000,000 and a property insurance policy with an 80% co-insurance clause, you would need $800,000 of coverage to be compliant..
The co-insurance clause only becomes relavant at the time a loss occurs. At that point the insurance adjuster must determine if you adequately insured, to the co-insurance requirement. The formula to determine co-insurance is as goes after: Coverage Carried / Coverage Required x Amount of LossFor example, suppose you had an inventory worth $1M and only carried $500k of insurance, with a 90% co-insurance requirement. You have a devastating fire and suffer a loss to half your inventory. Co-insurance would work like this:.
500,000 / 900,000 x 250,000 = 138,889The $138,889 is the amount your insurance company is obligated to pay you..
Does seem like craziness? You paid for $500,000 of coverage any only got $138,000? Let me further explain…. Believe it or not, the purpose of co-insurance is to keep things fair for the insurance company. Most consumers and business owners know that the odds of them ever having total loss – that is the entire sum of their property destoyed – is enormously low. Many insured only want to buy enough coverage for what they perceive is their average potential claim. The problem is, they also want the policy to provide coverage on a replacement cost basis. Insurance companies, for their part want to insure the property for its entire replacement cost – for real estate this is the cost to rebuild the structure; for stock or individual property it is the cost to substitute old with fresh. The purpose of property insurance is to protect the policy holder from the possibility of a accomplish and total loss. Co-insurance is an in-elegant way of forcing policy holders to insure their stuff for its total replacement value in the event of that total loss occuring..
Now, what if you don’t want to insure your stuff for replacement value? No problem, just buy a policy that pays on actual cash value basis. Or, find a policy with no co-insurance clause built in (expect to pay more). Or, use something called “blanket” insurance to eliminate the possibity of a co-insurance penalty..
Don’t let all this scare you however. In the real world of claims adjusting, co-insurance doesn’t come up all that often. Policies often have clauses built in to accomodate seasonal fluctations of inventory values. Buildings are typically tested to determine an estimated replacement cost. However, as the policy holder it is still your responsibility to ensure the policy coverage limit is adequate to prevent a co-insurance penalty.
How do you find out what insurance company a person is with?
Insurance company information is not public information. You can always ask them. If you have a claim against someone, embark by contacting your insurance company.
Can a person hold life insurances policies with different companies?
Keep in mind that you may wish to keep the eggs in one basket as it WILL save you money. There is something called “Banding” which basically means that the more death benefit you have in one policy the lower the cost per thousand..
In addition, each policy has an annual policy fee of $50 or so. So in the following example you would lose out big time in the cost/$1000 but would also pay in excess of $500 annually in policy fees spread over the Ten policies. Your best bet when working with any insurance program, find and work with a reputable broker!.
Yes, you can hold as many life insurance policies you want, and spread your eggs in many baskets..
There is a concern that your applications could be rejected if you risk being “overinsured”. That means the Underwriter reviewing your application will look at your net worth and other info, and determine a maxiumum dollar amount that they will suggest. It has to make sense because nobody wants somebody worth more dead than alive..
A company called the MIB is a clearinghouse that permits all insurance companies to see any previous activity, sort of like a credit report on your insurance applications. Say you qualify for $1,000,000 of insurance, you could get $100,000 at ten different companies (or however you want to split it up). Each company can determine the maximum they think you should have, it’s not a ideal science..
It can also raise crimson flags to insurance companies if they see you are applying all over the place. Be ready to explain why. They might worry that you either have an unscrupulous agent churning or twisting your policies, or that you have a terminal health problem..
If you are wary of a company you might have insurance with already, you can take your business to another company. (Let the fresh agent help you with the transfer paperwork…don’t go cashing in your policy on your own, if you plan to take another policy out somewhere else! There’s something called a 1035 exchange that keeps you from experiencing a tax consequence, like you would if you liquidated the money from your retirement plan early.)
How do insurance companies determine if business are underinsured?
Insurance companies look at what the business is worth and compareit to how much insurance already exists. If there is a deficit thenthe business will need to purchase more insurance.
Can auto insurance company drop an insured person who has a suspended license?
You will just have to contact your insurance company and ask them. Some companies will drop your policy while others will not.
Can you sue an underinsured person’s insurance company for underinsuring them?
People determine how much coverage they are willing to pay for, not the carrier. So the carrier has no liability beyond the policy itself. You can sue the carrier (insurance company), but you will lose and may find yourself the target of a countersuit for frivolous claims. It would be advisable to not try–unless you have several billions of dollars lieing around with no other purpose.
How do insurance companies determine if businesses are underinsured?
Under insurance is the situation where your insurance coverage is less than what is required to cover any loss you would incur. Insurance companies do random checks and base any quotes on the market averages to attempt to avoid the occurrence of under insurance.
Can insurance companies come after you for losses they paid to their policy holder because you hit them and were not insured?
Absolutely yes. You are ultimately liable for any harm you might have caused whether you had insurance or not. The only difference is that if you had insurance your insurance company will pay up to the policy limit for damages you might be liable for. So you can get sued for damages whether you had insurance or not.
If a person is insured with another company why do you have to exclude them from your policy?
I think that if a person is insured and lives in the same household than you shouldn’t have to exclude them from driving your car if they are a relative
How do you sue another persons insurance company for an accident that was your fault?
If the accident was your fault, the other party’sinsurerhas no duties owed you.
Will your insurance company pay for an at fault driver with no insurance if you have underinsured insurance?
Yes! Good thing you bought this extra coverage. Its actually uninsured motorists and underinsured motorists. It also depends on how much you bought. I hope you also have uninsured motorists property harm, because you have to buy bodily injury and property harm separately.
Who was St. Paul Companies individual lines insurance president?
The St Paul company, founded 1853 as the St. Paul Fire and Marine Insurance Co., merged in 2003 with Travelers Property Casualty to form St. Paul Travelers. The current CEO of Travelers is Jay S Fishman.
Can an insurance company claim damages from a person who was involved in an accident with the insured after his vehicle is repaired by the insurance company?
Yes; the process is called subrogation. The insurer that paid for the repair of its’s insured’s vehicle succeeds to the right of activity against the at-fault party for the purpose of collecting that which it paid. The subrogating insurer has no greater rights than its insured did, such that if its insured is found to have been, for example, 30% at fault for the collision (in those states that adhere to comparative negligence), the insurer can recover only 70% of its damages.
Can you sue a insurance company for providing false info about the person having insurance?
IF you can prove the error originated with them , and you can disprove the false info. It’s a bit tricky. Get a lawyer.
What does insurance companies do for a person?
Insurance companies, will often deal with accidental harm/injury, such as a car crash, and will compensate involved parties, so that further legal act can often be avoided. In some countries, insurance is compulsory for certain activities – an example of this, is driving. In the UK it’s illegal to drive any car, unless you are personally insured to drive it.
What life insurance companies take hiv persons?
I am not aware of any legitimate life insurance companies that will insure someone with HIV. Be aware of the companies that suggest assure issue policies. These are basically scams. The premiums are very high for any decent amount of coverage and no benefits are payable for the very first two years. If you add up the payments you will find that you will have paid the total insurance amount by the two year mark and you have to keep paying. You are better off putting the premiums in a bank account or mutual fund than ensured issue. For utter disclosure, I own and operate a petite Independent Insurance Agency in Gordon, Georgia and have for 22 years. I also worked as an agent for a direct writer for Trio years before that.
Will insurance company in Alabama pay if a person commit suicide?
All life insurance policies have a two year suicide clause. If a person commits suicide within two years of the policy application date the company may come back all premiums that have been paid depending on the policy but will not pay the face amount of the policy.
What companies suggest the best private insurance coverage?
The companies that suggest the best private insurance coverage include Farmers, State Farm, Triple AAA, as well as Geico’s automobile car insurance coverage.
Why would a person need a repair quote for an insurance company?
Many insurance companies like to see repair quotes to estimate the exact amount of harm one has sustained during an accident. They like to have a few different quotes, and generally tend to go with the cheaper of the quotes and repair accordingly.
Where can a person find ratings for life insurance companies?
You find good ratings for life insurance companies in discussion zones where members of the companies write their opinion. In the internet there are also sites, where the people can make a direct rating for the companies.
How can a person find information about best automobile insurance companies?
A person can find information about the best automobile insurance companies by going to Consumer Report, Yelp, Insurance Directory, and Insurance Hotline.
What insurance company has a movie Life Comes at You Swift?
There is one insurance company that offers the movie Life Comes At You Quick in their advertising campaign and that company is Nationwide Auto insurance. Nationwide is a company that is allied with its customers to bring financial support for life and all of life’s car accidents.
Where can a person go to compare their insurance company to others in Toronto?
The insurancehotline gives sound advice on insurance companies in Toronto. They are impartial and will find the best deal out there. There is also government advice available.
Where can a person from PA find a listing of car insurance companies?
A person from PA can find a listing of car insurance companies from a website called LibertyMutual. You can also find a listing of car insurance companies at Esurance.
Which companies sell individual health insurance plans?
It emerges that many more companies are getting involved in selling individual health insurance plans. Companies like SunLife and Blue Cross have been around the longest however.
What does an insurance company do with salvaged individual property?
If an insurer pays for the total loss of individual property, including a car, it usually becomes the holder of the property as part of the resolution of the claim. The property is then sold so that the insurer may recoup some of its loss. There are some entities, such as scrap metal companies that deal in that kind of property. Under some circumstances, the insured wishes to keep the property. That can usually be negotiated, but the payment to the insured on the claim may be adjusted accordingly.
What country is The Individual Insurance Company located in?
The Private Insurance Company is an automobile and home insurance group. The company is located in Ontario, Canada. It is a Canadian leader in group insurance.
What insurance companies can a person purchase auto insurance from?
A person can purchase auto insurance from many different insurance companies. Some of these companies include GIECO, State Farm, Travelers, Progressive, Liberty Mutual, and Nationwide.
How can a person locate insurance companies who service Canada?
There are many insurance companies who suggest their services to Canadian residents. One can search comparison sites to get a cheap quote or use Insure, Money or ISM Insurance.
What are some features of private auto insurance with the Patriot Insurance Company?
Some features of the individual auto insurance with Patriot Insurance Company include: competitive rates, prizes, comprehensive coverage, and superior service.
What insurance company provides insurance for a person who never had a drivers license?
There are insurance companies that will write insurance for people who have never had a license. You will need to go see and independent agent who represents many different companies so he or she can find what you need. The key is that a company will write you insurance for a vehicle that you own if you do not have a license but you will be excluded as a driver and you need to list any drivers that may drive you around in your car. This means that you cannot drive the car for any reason and not coverage will be provided if you do drive.
Which companies suggest private insurance plans?
Some companies that suggest private insurance plans include Prudential, MetLIfe, and AXA-Equitable. The more popular insurance companies, such as GEICO and Nationwide, do as well.
Which company has the best individual car insurance rates?
There are many decent individual car insurance companies with good rates. One would be able to find these rates at companies such as GEICO or Liberty Mutual.
What are the cheapest individual health care insurance companies?
The cheapest healthcare insurance companies are, Anthem, UnitedHealthOne, and Humana. There are very many other options as well which are all fairly cheap.
Why do you have to provide individual documents to the insurance company if your car is stolen?
You agree in the policy to assist in any and all investigations of claims. If you reject to assist as you agreed to do under the terms of the legally cording contract that makes up your policy then you will void the contract and therefore forfeit the claim payment. What private documents would you want to turn down to share with the insurance company if you are asking them to pay for your vehicle. The only thing I can think they would ask for would be very first proof that they vehicle actually belongs to you and otherwise, if there is any reason you may not have had a “theft” at all. I have been an agent for 28 years and have never had this issue come up before so I would not think companies are overly intrusive unless you have given them a very good reason to suspect something on your part.
What is the capacity of the person in an insurance company that calculates premiums?
An actuary is a very skilled mathematician. He/she is employed by insurance companies to calculate insurance rates. Rates are the cost of insurance per $1000 of coverage. Premiums derive from rates such that multiplying the rate times the amount of insurance (in thousands of dollars) results in the premium. An actuary calculates insurance rates. A rate is the cost per $1000 of coverage. Therefore, the premium is calculated by multiplying the amount of coverage times the rate. Accordingly, indirectly, an actuary calculates the premium.