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If a person is insured with another company why do you have to exclude them from your policy?
Wiki User
∙ 12y ago
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
Wiki User
∙ 12y ago
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What is meant by other insured on the claim form?
The term "other insured" is another insured person exists who may cover the patient, the insured person who covers the patient on his or her insurance plan.
What happens to insurance when beneficiary dies before insured person?
generally nothing. Insured person can name another beneficiary.
Can an insured person also be the beneficiary on an insurance policy?
Yes, there is no bar in the insured person being beneficiary on another insurance policy.
What is a co-insured?
Co-InsuredThe "Co-Insured" is another person or entity that is also covered under your insurance policy.
A written contract between an insured person and an insurance company?
It is called in insurance policy.
What is the term for the written contract between an insured person and an insurance company?
Insurance policy
What is an insurance reinstatement?
When a insured person is not able to pay his/ her premium on time then his/her policy got surrendered by the insurance company. If after some time that insured person comes to company and ask to revive the policy then this revival/ reactivation is called reinstatement of the policy.
How do you change ownership of and life insurance policy If the old owner died?
The owner of a life insurance policy is most frequently, but not always, the insured. If the insured is not the owner, and is still alive, he/she can contact the consurance company or the agent and designate another person as the owner.
What is a bad faith law suit?
"Bad faith" is a term usually used to describe poor conduct by insurance companies on a failure to protect the assets of the insured. A bad faith lawsuit is usually filed by a an insured against his own insurance company after the insurance company has failed to settle a claim by an injured person and the injured person then obtains a judgment or verdict against the insured in excess of the policy limits of the insured person.
What happens if you get a ticket for no insurance but the car is insured by another person?
You probably get arrested.
Can bailiffs take a car owned by one person but insured by another?
Yes
Whose insurance pays if you are borrowing another's car and are in an accident?
Read your policy. If the policy says that anyone driving your car with your permission is an insured, then the company that insures that car pays. Many policies exclude certain drivers, so it is not a one size fits all answer. The insurance for the car will pay, not the driver. Sadly, you are not required to pay anything, but if you are a responsible person, then you will....especially if it was your fault.
