Yes, it is actually required that the insurance company reassess the value of your insured home on a regular basis. This is done as a safeguard for the homeowner. Home values change and materials and supplies to rebuild goes up. labor, materials, etc. Therefore, if some unfortunate event such as a fire should occur. And your home was insured at the value it was or ten years ago. You could be putting out some serious pocket money to make up the difference.
If you disagree with the insurance companies valuation you can contact them and have them review the policy or you can seek out another insurer.
You don't have to agree but they will cancel the policy. Most homeowners policies include a replacement cost coverage to the structure so they want it to be insure properly.
Yes, with your parent's knowledge and consent.
it depends on the company
Of course not. Insurance is a contract that takes both parties to consent and you have to contact somebody from the company to start the coverage. If you had a car that you gave up and had coverage on that, you are likely okay because your coverage follows you no matter what car you are driving. But if this is your first car or your other coverage had already expired, then you need to contact them right away so that you can bind coverage and be certain you are insured.
Generally, yes. It is not uncommon for an insurance company to change the terms and conditions of the policies that it issues. For the most part, coverage and rate changes have to be approved by the state insurance regulatory authority. This is because the regulator wants to be sure that the coverage provided is commensurate in the protection that the policy provides to the premium that is charged. Any changes in coverage normally occur at the time of renewal of the policy. You are certainly free to reject the proposed chages by seeking coverage with another insurer.
They can if it is bought while you are a minor, otherwise it is insurance fraud and is illegal without your consent.
Not a life insurance policy....The insured party would be considered the policy owner therefore it could not be issued without their knowledge & consent.
To insure your car which policy we recured that is motor insurance. You might want to check the site below to answer your question. They offer different kinds of car insurance policies at a very affordable premiums. They also give you free quotes and determine which insurance company meet your requirements. http://www.goodinsurancepolicy.com
typcially the insurance stays with the car....if you have collision coverage (if no actual contact with the deer would be collision rather than comprehensive coverage), your insurance would cover.....in most states if there is no collision coverage on the vehicle, but the driver has a vehicle that has the needed coverage it would then apply.........
Yes. This occurs when a review of your home shows it to be under insured. If your house is insured for 200,000 when it would actually cost 300,000 to replace then it is a problem as most insurance companies guarantee to cover up to the replacement cost.
If the teenager is added to the parents' insurance, then consent is automatic as it is the parents who make the arrangement. As to whether a teenager can buy his or her own policy without parental consent, that may vary from company to company and state to state. Is is best to check with an independent insurance agent who is authorized to speak for several different companies, and will know any applicable state regulations.
Consent to Rate means that the insurance company must have the consent of the insured (i.e. by a signed form) to charge higher than the filed (with the State, if applicable in your state) rate. **** More information** To elaborate on the above answer, Florida is a good example of a state that allows Consent to Rate - these forms must be signed prior to binding. the resons for consent to rate would be Unable to Obatin Coverage at the filed rate, Unfavorable loss experience, unusual hazards or claims activity and such. Source: Commercial Insurance Workers Compensation Expert
Only if the inured to be is a minor otherwise you would need consent in the form of a signature.
This is a HIPAA (federal Health Insurance Portability and Accountability Act of 1996) violation.
A few considerations for the loan modificationsSeek the consent of any junior lienholdersProtect the lender's title insurance coverageObtain the consent of any guarantorsRecord the executed modification promptlyConsider bankruptcy implications
The policy owner, usually the Primary named insured, can add or remove people and coverages from the policy they purchased as their coverage requirements change.
No, there is no privacy when you have insurance. If you get treatment or testing for something medical and it is covered by insurance. The insurance company will know anything related to that. However the HIPPA law that was inacted prevents them from telling anyone else. No. Insurance companies must make the applicant aware they will be testing for HIV, provide general information to them and have the applicant sign a written informed consent. Health insurance (including hospital, medical, and surgical expense coverage) cannot be denied simply because the applicant is HIV positive. However, disability and life insurance companies are allowed to ask applicants if they have been diagnosed or treated for AIDS or ARC, and deny coverage or charge other than a standard premium for the policy based on the answer. While they may not ask if an applicant has ever had a positive HIV test, they can require an HIV test as part of the company's underwriting rules before issuing a policy.
If such a scenario arises and you have objection to it, bring the matter to the notice of the official concerned of the branch office of the insurance company concerned in writing for their immediate needful action.
I can't think of a reason why not. If you want to pay someone to insure something (or someone) they should let you. I suppose it really depends on exactly what the insurance policy is (life insurance, auto insurance, some other general liability insurance). Check with the specific insurance company about the specific type of insurance for an exact answer.
No, YOu must have an insurable interest and they must sign for it. There is an exception to that rule when a reletive buys coverage for a minor. They still must have an insurable interest. 4lifeguild
The short answer is NO, I doubt that they could, it is not their right to waive.
At the clinic I work at, we have patients sign a release once a year allowing us to submit claims to their insurance company for the year. It doesn't specify which insurance company though. I would check with your clinic to see if you have signed something of the sort. And if not then it probably is illegal for your clinic to submit a claim without your permission.
She can consent all she wants but unless she has reached the age of consent it is not legal.
The consent of surety to final payment is issued by the surety company at the end of a project. The consent states that the owner reserves their right under the bond and the surety company agrees the final payment will not relieve them of any of its obligations.