How long after recovery from an illness must you wait to get an individual insurance policy and have been covered by a group policy?
It depends what the problem was. Answer Not only is the nature of the problem an issue, so is your choice of insurance company. Guidelines around these types of issues are generally not statutory but rather company policy. First, find yourself a local independent agent that specializes in healthcare. Explain the situation and have him/her research the underwriting guidelines from the available carriers for the most favorable rules as it relates to your issues. Second, make sure that your doctor has properly indicated in your medical records that you are symptom and treatment free. If relevant also have the doctor include in your records what the prognosis is for the future. I have had scores of clients tell me that their doctor told them $You have no greater likelihood of recurrence than that of the general population$. This is both good for you and provides the insurance underwriter a clear metric to judge risk. Unfortunately, I can count on one hand the number of times that information ever got into the medical records. In absence of a clear understanding, most underwriters will assume the worst.
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If you let a life insurance policy lapse and then later have it reinsted how long do you have to wait before you can sell that life insurance policy?
What do you mean "Sell" the life insurance policy? Once it is back in force and you are the owner, you can cash it in at any time if there is in fact a cash value. I guess you would have to better define what you mean by selling it.
Answer . A named non-owner policy. Or a dealers blanket policy (what car dealers use)
Answer . If your ex can pass the physical and will sign the application and you can pay the premium then, yes
Was it admitted on the application? If yes, no problem. If not admitted - check this link for more information on witholding material facts, recission,
For an unmarried 25 year old is secondary insurance available to cover the 20 percent not covered by an employer's group policy?
Answer . Yes. It is called suplemental insurance .. your age and marital status are irrelevant.
\n. \n Answer \n. \nLiability insurance usually follows the vehicle not the driver. (unless the driver was specificly excluded in this case it cant happen because he's your son). As long as the car was insured and he was given premission to drive it, the insurance will be valid in court\n. \…n . \n Not necessarily.\n. \nInsurance coverage varies greatly when it pertains to minors living in the household of the insured.\n. \nIf one is lucky enough for it to apply you may be certain that premiums will significantly increase. (MORE)
Answer . Misrepresentaion of a risk or concealment of a risk factor is legally considered fraud by the applicant.. Misreprentation or concealment is an intentional attempt to obtain coverage or enduce an insurer to accept a risk that it may not have accepted or would otherwise have been rated d…ifferently should the applicant have been truthful from the beginning.. An insurer is not required to pay losses incurred under a fraudulently obtained policy and could even result in criminal prosecution of the applicant. (MORE)
No there is no central database that connects all life insurance companies together. There are over 500 Life Insurance companies in the United States alone.
I believe it is until 18 years of age, unless the child is a full-time student.
no. there are laws for life insurance policy and is illegal to take it out to any individual
Most auto insurance covers anyone you allow to drive your car, except people living in your house.
It depends on the relationship and the state in which you live. Ask your insurance agent.
If a camper is being towed by a truck owned by someone else whose insurance must cover liability for the camper the truck owner's policy or the camper owner's policy?
When I bought my new camper, my agent told me that I don't have to insure the trailer for liability because the liability extends from my vehicle policy. Although your situation is different, I'd guess that whatever is pulling the camper is also providing the liability insurance. I'd call your age…nt. (MORE)
Insurable interest must exist at inception of the policy cover and at the time of the loss.
The Auditing policy in group policy must be enable before you canmonitor computers on the network. Monitoring is important tomaintain the security and stability of company networks.
when we apply for a health insurance policy then they divide according to state your in and then each state have an separate insurance commission under them they will be employees. Those employees can regulate the health insurance policy. For more details click here . http://www.searchadeal.in…/health-insurance-policy.php. (MORE)
It will usually be pretty clear. The policy number should be called policy number, ID number, patient number, health ID number, or something very similar. The group number usually says that, but more and more, there seems to not be a group number listed on cards.
Which of these terms is the amount of money you must pay each year to cover your medical care expenses before your insurance policy starts paying?
Deductible- A+ The deductible is the terminology. Note that depending upon the terms of the policy, there may be both an individual deductible (that is, per person), and a family deductible. Once the deductible has been met, the insurer's responsibility for payment is triggered. However, that …responsibility may be modified by a copayment. The copayment is that portion of a covered expense for which the insured remains responsible. In a sense, it is a form of self-insurance that you have selected at the inception of the policy. In general, the greater the copayment percentage, the lower the premium. (MORE)
If it is your policy, call the insurance company. If not, you willhave to have authority over the estate or person to get informationon this due to the privacy laws.
I highly doubt it. If the child is not on the policy, then sorry to say, they're not covered. You will need to go in and put them on the policy, if you want that is...
Well, according to my Civics teacher (since we are talking about the Health Care Bill Reform so much now) it is supposedly 26 years of age.
Becuase the risk (paying for serious illness treatments) to the insurance company is spread out over a larger pool of individuals.
The question is unclear as posed. A "crime policy" is one that is intended to cover an organization for a stated range of risks and losses. The term "primary policy" is generally used to descrive a basic, underlying layer of coverage of some type. Therefore, there can exist a "primary" layer of c…rime coverage, on top of which can be additional ("excess") coverage that raises the coverage limits and affords greater coverage. Therefore, they are really two different things. (MORE)
Yes and no. A standard critical illness policy would usually not cover knee and hip replacements. But all critical illness policies are different and it is possible to get a partial cover for knees and hips with some carriers.
You can purchase temporary coverage for your vehicle for as long as you need it. There are policies for 1 day to many months depending on your specific needs.
An insurable interest must exist to effect coverage and must continue to exist at the time of a claim to receive payment.
No. Once the policy plan expires there is no more coverage for treatment of any disease.
It may and it may not. It depends on the definitions of an "insured" driver under the terms of your insurance policy and the type of insurance policy you bought. Most standard policies will extend coverage to certain drivers you have given permissive use while others such as low cost "Named Drive…r" policies extend coverage to no one other than those named on the policy. Contact your insurance agent if you need assistance with your policy language. (MORE)
Usually 30 days after policy issue. Copies can be obtained at any time after issue from the insurance company or agent.
What insurance companies include no cost accelerated benefit riders in there life policies that will cover critical and chronic illness?
American Generl Life and Accident has these no cost riders included in their term and Universal life policies. I have one of those policies after losing my wife to cancer. It would have been nice to have if I would have known about before her cancer was found.
There are many reasons that Health Insurance is so expensive. Some reasons are the cost of prescription medicines are high, and also the Health Insurance companies need to make a profit as well.
A commercial insurance policy covers any court and/or attorney costs, loss of income and other such expenses if a lawsuit is involved. It does not cover incidences where willful neglect is involved.
More than likely they will not pay the claim as you violated the terms of the policy by not making them aware of all drivers and household residents. This is called material misrepresentation of the contract. If you don't pay the premium for your son to be on the policy why should the insurance comp…any be liable for an accident with him driving. (MORE)
Individual health insurance policies are purchased by individuals or families, while group health insurance policies are purchased by corporations. Group policies are generally cheaper on a per-capita basis than are individual policies.
Part B is typically a Medicare coverage which covers non-hospital (outpatient) visits. Check with the company for more specific details.
You can find these in 3rd world countries as they are trying to get any work possible. Or you could type it in online and there should be a website that does this.
It is hard to give an exact number for this as it can vary widely depending on your age, level of insurance, and pre-existing conditions. The best place to get exact figures for your situation would be to visit local insurance agencies.
Trade Credit Insurance is a type of insurance which is offered to businesses. The insurance policy covers accounts receivable, guards against bankruptcy, and protects the business against credit risks.
The Critical Illness Policy is an insurance product, where the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the critical illnesses listed in the insurance policy.
The health insurance provider AETNA provides multiple policies to its customers. Some of the noteworthy policies are Managed Choice, which enables the holder to use a network of providers, and other types of HMO coverage.
There are three categories covered under a MetLife Critical policy. Category one covers certain cancer related conditions. Under this category there is a full benefit, which is paid if the cancer is invasive and has spread to others parts of the body. The second, which is a partial benefit coverage,… is a localized cancer, which has not spread. The third condition in category one, is bone marrow transplant. Category two covers heart related conditions, including heart attack, stroke, heart transplant, and coronary artery bypass graft. The third covered category called "certain other conditions", includes organ transplants (other than the previously mentioned), and kidney failure. (MORE)
There are all different types of life insurance policies. You caninsure a husband, wife, and children all on one policy rather thanpurchasing separate policies for each person. There may also be policies available through what are oftenreferred to as "affinity groups". These are organizations, some…formal and some not, wherein the members have something incommon--for example, members of an auto club. Frequently, due tothe large numbers of people that the insurer can capture aspotential insureds, underwriting is more lenient and rates can moreclosely approach group rates than would an individual policy. In all cases, you must be certain that the entity that isfinancially responsible for the payment of claims is an authorized(licensed) insurer. Insurers are regulated by the states in whichthey transact business, and part of that regulation is to ensurethat there is sufficient money on hand to pay expected claims. Itis no bargain to pay a very low premium only to have the company gobelly up and be unable to pay your claim. There are frequentlyscams that do just that. The verification can be done by contactingthe state insurance regulatory authority in the state where thepolicy will be issued (usually, where you live). At the same time,make sure that the insurance agent is licensed in the state and isauthorized to represent that insurer. That too, can be accomplishedby contacting the regulatory authority. (MORE)
A family life insurance policy differs from an individual insurance policy by the amount of persons included in the policy. The family option includes a (marriage) partner and probably one or more children. There might also be the option to include pets into the policy depending on the insurance com…pany. (MORE)
A course of construction policy is insurance purchased by a builder to cover materials, fixtures, equipment, and the building itself. As the name implies, it is only good during the course of construction, or as long as the work is going on.
Umbrella insurance is basically an extra liability insurance. It protects people from lawsuits. If someone's liability insurance doesn't cover all the expenses for their home, boat, or car, umbrella insurance helps cover more of it.
The typical house insurance policy covers damage to your property and personal liability coverage. Damage to your property includes fire, lightning, tornado, and hurricanes.
Group health insurance is beneficial because it is cheaper then individual insurance. Group health insurance also offers plans to protect you from more things for a better price.
The underlining policies of a breakdown recovery insurance are: road side assistance, home start, relay and staying mobile. AA offer breakdown recovery insurance.
A Health Insurance policy is a reimbursement of the medicalexpenses. Well Critical illness insurance is a benefit policy.Under a benefit policy upon the occurrence of an event, theinsurance company pays the policyholder a lump sum amount. Under aCritical Illness policy, if the insured is diagnosed w…ith anycritical illness as specified in the policy. (MORE)
Some policies cover up to 25 miles into Mexico, but nothing more.You need to check your policy. Usually you have to buy specialinsurance to be covered in Mexico.