Can you get insurance for a 'significant other'?
Many large companies these days offer insurance for a "significant other" instead of a spouse. Speak to the insurance company directly for this information.
This is possible, but there are some issues to consider: 1) If the employer group is purchasing their health insurance from a carrier, there will likely be state laws and carrier rules to this. Each state regulates the insurance carriers within their state.
2) If this is a large company of 300+ employees, they probably 'self-insure.' This exempts them from state insurance laws and the employer gets to make most of the decisions.
3) WARNING: IF the employer pays any portion of your premium, they are required by federal law to consider the amount of money that they (the employer) pay towards your (the significant other) insurance premiums as taxable income to your boyfriend.
For example, if the employer pays 50% of the cost for dependents and the premium cost for adding you is $300 per month, then the employer pays $150 and your boyfriend will have $150 per month deducted from his pay. But he will also have the income taxes on the $150 the employer contributes deducted, too.
There is a complex reasoning the fed gov't has for requiring this. It has to do with the fact that significant others are not afforded the same tax status as spouses.
As far as I know, in most states the significant other would have to legally adopt, or become the legal gardian of the child in question in order for that child to be classified as "dependant" on the significant other. Your significant other cannot approve medical procedures for the child, thus they cannot offer insurance on said procedures. The short answer is no. Unless that significant other was the spouse, he could not extend coverage…
Does your significant other have health or life insurance benefits if you have been employed by Ford and a member of the UAW for over 18 years?
You need to check the terms and conditions of your policies. A significant other generally does not qualify for any benefits of your health policy. A spouse, on the other has the option to be included on your policy with an adjustment to the premium. With life insurance, the "benefit" would be to be named as beneficiary on your policy. You can name anyone you want for that.
I will put the answers as bullets 1. You caught your significant other screwing someone else 2. You caught your significant other screwing you and someone else at the same time 3. You yourself are the cheater and are screwing someone 4. You yourself are the cheater and are screwing your significant other and someone else 5. Your finding used condoms on your bedroom floor and don't remember having sex. ( Although you could be…
Life Insurance Corporation of India is the largest and No. 1 insurance provider in India. Apart from LIC some other significant insurance providers are: * National Insurance Company * Oriental Insurance Company * Prudential ICICI * HDFC Standard Life * SBI * Aegon Religare * Kotak * Bharti AXA * Met Life * Max New York Life * etc... Note: These companies are not ranked in any order, I Just typed them in the order…
One essential element of insurance is to shift the risk of loss of the insured item from the client to the insurer. Other essential elements include the insurer being open to a significant loss, distributing the risk over a number of policies held by the insurer, and the premium paid by the client to the insurer.
If your auto is hit the other driver's auto insurance pays all medical expenses and so does your health insurance must you reimburse your company?
You do not have to reimburse your insurance company if the accident is the fault of the other driver and the claim is made on their insurance. If the accident is the fault of the other driver and their insurance does not cover everything and you make a claim on your insurance for reimbursement, your insurance will subrogate (collect back) from the other company.
What if you were in an auto accident and you are not at fault but you do not have auto insurance in California?
If the other driver is at fault and has insurance, their insurance should still pay the claim. However, you may still face significant legal penalties for driving without insurance. Your drivers license may be suspended and your car may be impounded, and the cost of insurance when you get it (which you have to, in order to get your drivers license or your car back) will be much higher than it would have been if…
Household insurance is a blanket term that includes many other forms of insurance. These include homeowner's insurance, dwelling insurance, property insurance, and property liability. These are all important types of insurance to have and household insurance packages bundle them to make things easier on the consumer.
What happens if you have no insurance and the other driver is at fault in South Carolina and the driver at fault does have insurance?
If you are in an auto accident and the other driver has no insurance and your insurance provider pays your claim do you need to have the auto repair done or can you keep the money?
No, you are not required to repair your vehicle. However, you might be disappointed if you experience another accident and further damage occurs. The insurance company may pay the claim differently since it cannot determine prior damage to current damage. However, if it is an older car and it is not significant, it is your judgment call.
Car insurance rates depend on the car insured, age of driver, marital status, location of the vehicle, the driver's record of violations, and other factors. A young adult can expect an average of about $1,800 per car per year. Some insurance companies will offer a discount for multiple cars, but it is not significant. For three cars, a total premium of $5,400 would not be unusual.
If you have an accident other party admits fault no police report your insurance was lapsed will the other insurance cover your loss?
No, it is the correct thing to do and it takes character and love to buy insurance. It is not wrong to have life insurance. In fact, it is a loving way to provide financial protection for your family, even after you have died. It is advisable to have a life insurance especially if you have dependents and debts to cover. A life insurance policy could make a significant difference in the life of your…