___________________________________________________________Designating Primary and Secondary Insurance CoverageHere are opinions and answers from Wiki s Contributors:
You can be on someone's insurance coverage only if they arrange to place you on it with their agent. You cannot put yourself on someone's insurance.You can be on someone's insurance coverage only if they arrange to place you on it with their agent. You cannot put yourself on someone's insurance.You can be on someone's insurance coverage only if they arrange to place you on it with their agent. You cannot put yourself on someone's insurance.You can be on someone's insurance coverage only if they arrange to place you on it with their agent. You cannot put yourself on someone's insurance.
In most cases no. You can not chage due to better coverage. 90% of insurance companies, if not more, have what is called a birthday rule. Meaning if you have dependant children on the policy the guardian who was born first (or who is older) is the primary carrier for the dependant children and the younger of the two guardians is the secondary carrier. If you were to have coverage through yourself and a spouse you would be your own primary, as would your spouse be their own primary. If you are the carrier for both insurances then it would all depend on your plan provisions and restrictions, in which case you would have to question each insurance company as to how they would handle determining what insurance is primary and what insurance is secondary.
Liability insurance covers damages to the property or body of others, it does not provide any coverage for yourself of your property. Each state has a minimum coverage which depicts the cost of "cheap" liability auto coverage.
A supplemental or an indemnity policy will work in conjunction with your Major Medical policy, you may have to file the claims yourself though. The best place to look for an indemnity for good overall coverage is Homeland Healthcare.
Humana is considered to be one of the best health insurance providers in the United States, but the level of coverage varies between plans. If you purchase yourself you can decide on the amount of coverage vs. cost, but if you get it through an employer they will decide your level of coverage themselves.
Yes, but it can create problems with the claims. The coverage through your work will probably want your secondary policy to cover the claims first, then they will pick up what is left over. The problem is if your secondary health care policy wants your work coverage to pick up the tab first.
Depends on your coverage. The more coverage, the higher the premiums. You of course would not be alive when it pays out, so you would get nothing yourself.
"Yes you can obtain life insurance from Prudential. Questions you should ask yourself include how much life insurance do I need, Do I need life insurance for my family."
Medical bills for yourself and anyone else in your car in case of an accident
Insurance is meant to protect your valuable assets in life. But in order to get the most out of your protection, it is important that you look for full coverage from a reputable provider. You can do this by searching the Internet or by going into a local insurance agent in your area. Be sure to explain exactly what you want so that you get the coverage that you need without having to worry that you are overpaying for what you have. You will be amazed at the amount of peace of mind that can be attained after buying more insurance for yourself.
Some insurance agencies will let you get a sort of temporary coverage, but I'm pretty sure you can't get permanent car insurance for a car you don't own yourself.
You can exclude your husband from your policy thereby not pay premiums for him, but be sure to NEVER let him drive as there would be absolutely no coverage.
If you sign up for insurance with your company, You have to indicate who is primary subscriber between yourself and wife. If both a wife and a husband sign up with the same company and both have stated they are primary, Your wasting your money. In the insurance world, secondary insurance was purchased because you want coverage for medical cost and pharmacy cost your primary insurance does not cover. Birthdays having nothing to do with who is first. Indicating on the insurance form as subscriber does.
If you ever considered taking out life insurance and were not sure about how much coverage you can afford, then consider using a loan insurance calculator. Using a loan insurance calculator allows you to pick the coverage you need, pick the duration of the term, type in some information about yourself and more. Then the loan calculator, depending on which company it is, will estimate what your monthly payments will be. In many cases, it will also serve as a baseline that an insurance agent will use to work with you on the more exact coverage you want.
Medical bills for yourself and anyone else in the car in the case of an accident- apex
You dont need insurance coverage yourself as long as the owner of the car you are driving has insurance on the vehicle.
It is a very good idea to have uninsured motorist coverage. You need to always have yourself protected.
If you are the beneficiary of a life insurance payout, the income is not taxable. If you withdraw from a policy that you have on yourself, then yes, it is taxable as regular income. http://taxresolutionaries.blogspot.com
No. Liability insurance is, by its nature, third-party insurance. That means that proceeds are paid to the person(s) that are hurt as a result of your negligence. It does, however, indemnify you for your carelessness up to the amount of coverage that you purchased. If sued for the collision by someone claiming bodily injury, the insurer will also provide a defense attorney. Somewhat analogous to bodily injury coverage is uninsured motorist coverage. It is a form of first party coverage, meaning that you buy it for yourself. If you are hurt by the negligence of another driver, and that person does not have bodily injury liability insurance, you may have a claim for damages under your uninsured motorist coverage.
If you have uninsured motorist coverage let your insurance company settle with you then recover from the motorist in court. If you don't you will have to take the motorist to court yourself. Your insurance company is far better equipped for this than you are.
Since you are the business owner, you are considered an independant contractor, and therefore not eligable for workmen's compensation...ie you can not sue yourself.
Sure most companies will be happy to take your money. in most states, you are covered under the drivers policy. If you still live with parents, you can add yourself as a secondary driver with a jump to full coverage after you get your license. check with your state laws and chosen ins co.
Typically your homeowners insurance does not provide coverage for poor workmanship or for hired labor. Accidental damage caused by your contractor is the responsibility and liability of the contractor The first place I would go for coverage under the painter's liability coverage. In the event that you hired a painter and failed to check his insurance coverage then I would ask your insurance agent for advice on whether to file a claim or not. You might find that the increase in premium that can be associated with a claim will mean that you are better off covering the damage yourself. Sue the painter.
In order to lower your auto insurance rates, it is essential that you drop any policy that you do not need. Many people think that if they have a car, they absolutely need collision coverage at all times. The truth of the matter is that as long as you do not have a loan on your vehicle, you do not have to carry collision insurance. By getting rid of this type of coverage, you should be able to save yourself hundreds of dollars every year. This is why it sometimes pays to own an older car for yourself to drive in.
If you are driving a car in the state of Illinois, then you need to carry insurance on the vehicle. Uninsured motorists can get insurance at affordable rates if they know where to look. There is a minimum amount of coverage that the driver needs to have on their insurance. This amount is not high so that drivers can get insurance coverage at an affordable rate. However, if a driver wants to take a risk and let someone else drive their car, they need to carry uninsured motorist insurance on their policy. The minimum amount for this coverage is $20,000. This covers the driver of the car if they were in an accident and were not covered under an insurance policy. In the event of a car accident and the driver of your car or the other car were not covered under their own insurance policy, the uninsured motorist coverage would protect not only yourself but the other drivers in the accident. The coverage will pay for any medical necessities that are incurred during the accident and any wages that are lost. The coverage will only pay up to the amount that you have on your insurance policy. Anything over this amount will be the responsibility of the driver. If the accident was the fault of the other driver, then their insurance will cover up to the amount listed on their policy and then your insurance will cover the remaining amount. An uninsured policy is different than an underinsured policy. An underinsured driver has insurance, but they may not have enough coverage to pay for the expenses if the driver were in an accident. An uninsured motorist has no insurance at all. The only way that an uninsured motorist can usually drive a vehicle is if there is a family member who has taken out the uninsured motorist coverage on their insurance. An uninsured policy is not expensive to get, but it would be best for the driver to obtain their own policy as soon as possible.