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12y ago

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Does my bank offer any insurance on my annuities?

Most banks offer some sort of insurance on annuities, often at a yearly fee.


Are there any annuities backed by fdic?

No. But most variable annuities and fixed deffered annuities are backed by the State Gurantee Association, which is a government agency similar to the fdic


Is your car covered if the driver does not have insurance?

If you have insurance on a car anyone who you give permission to drive the vehicle is covered under your insurance. This is normally covered when insurance companies ask if there will be any other drivers for the vehicle.


Can you get car insurance from the government?

No, there are no government-run insurance companies for auto insurance. Any auto insurance that you get will have to be through a private company.


Can you change homeowners insurance companies if you have a claim with the old company for hidden dry rot?

You can change insurance companies at any time you want to. Dry rot is not covered under any homeowners insurance policy and will not be covered by any other company that you change to. When the company finds that you are filing claims for such items and are mad because it wasn't covered the new application may be rejected as well by the new company. Dry rot is a maintenance issue and not the result of a covered cause under home insurance. To be covered by home insurance it must be the result of a covered cause which generally means it must be sudden and accidental.


What is the insurance called where you are covered for any car you drive?

An Umbrella policy


Your sisters car that you'd driving have insurance do you need to get non owner insurance?

You need to have your sister schedule you as an covered driver on her auto insurance policy to be covered. Non Owners Insurance will not cover you in any vehicle to which you have regular access.


What is a deductible in auto insurance?

A deductible in any kind of insurance is, basically, the minimum amount before the insurance "kicks in." On any repairs covered by your insurance, you will have to pay the deductible amount before the insurance will pay anything.


What is a dependent of an insurance subscriber?

The spouse, the children, and any covered adult dependent.


Can you get auto insurance without an auto?

It depends on the insurance company. There are some out there where you can get insurance on you to drive any vehicle and be covered, it is normally more expensive that way.


What types of vehicles are covered in a typical RV insurance policy?

Any type of motor home or recreational vehicle is covered by a typical RV policy. Even travel trailers are covered by an RV insurance policy. Before you purchase your policy, though, talk to a qualified insurance agent to make sure you are adequately covered.


If you canceled two life insurance annuities during the year - for which you received a refund of about 15000 dollars - do you pay income tax on that?

any free money over $5000 is taxed