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Can I cancel 2 people out of a group of 6 from a universal life policy at mega life and collect some money after 28 years of coverage?
Lexy35us
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If we all cancelled healthcare insurance would that force lower premiums?
Yes and No, but mostly it will be no. Insurance is simply a pool of money from a group of people to provide funding in the event of a loss(claim). It is unlikely that everyone will cancel their health insurance. If they did, then there would no longer be a pool. However, if more people cancel their coverage, it will actually reduce the pool of money and cause the premium of those who maintain their insurance to go up.
Can lack of universal health care coverage can raise the cost of health care?
Of course, if there is universal health care, there is no reason for people to use the private sector (aside from crowding, etc), and even then the private sector needs to dramatically lower their prices to remain "competitive", although I don't know how you can compete with free.
How do life insurance companies make money?
Life insurance companies charge a premium to everyone who they provide insurance for based on the amount of coverage and the health of the buyer. The higher the amount of the worse the health, the higher the premium. These companies assume that only a few people out of the larger group will ever collect at one time, and therefore make money on all of the other people who do not ever collect.
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The name of people who collect leaves is leaf collectors.
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People with blood type O are universal donors, not universal recipients.
Does full coverage cover auto theft?
there really is no such thing as 'full coverage', i know many people have heard and said this, if you have 'comprehensive' coverage on your vehicle that is the coverage that applies to this type of loss........
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About 50,000,000 people come to Universal Studios per year.
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About 50,000,000 people come to Universal Studios per year.
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People have to pay for medical coverage they don't need under the Affordable Care Act so that coverage will be more affordable for sick people who need it.
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To lay and collect taxes is to impose a specific amount the taxes are, and to collect taxes is to literally collect the taxes from people.
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collect
