How do insurance companies determine the amount you pay for life insurance?

There are many factors that come into play that insurance companies use to assess how much you need to pay. First of all it all depends on the kind of insurance policy you wou (MORE)

What do insurance companies consider when they determine your premium?

Any insurance underwriter will first consider what type of cover the insured wants. With motor vehicle insurance, for example, a person could want cover for any damage other (MORE)

How does an insurer determine a pre-existing condition?

This can be done in several ways. First, questions about health history are usually asked on applications for insurance, so it can be determined that way. Thereafter, if a cl (MORE)