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Does a paid up policy still guarantee coverage?
When a policy has attained paid up value, it will definitely guarantee coverage as prescribed in the policy bond paper.
What kind of liability insurance does a nurse staffing agency need?
A commerical liability policy.
Is the cheapest insurance a guarantee of the best insurance policy?
You really need to find a balance of cheap prices while insurance policy, the better insurance policy you get, the more expensive it gets. But the cheaper price the policy, the effectiveness of the policy will suffer.
What is whole turnover guarantee?
A whole turnover guarantee is an insurance policy that protects the complete sales ledger of a business. It protects against non-payment through default.
How do multiple loss claims on a personal articles policy for jewelry affect this policy and your Auto and homeowners?
Multiple losses on any policy will guarantee a cancellation. A cancellation on a home insurance policy will pretty much guarantee that you will not get another homeowners policy at anything close to a reasonable rate. Also, you can be assured that no company will allow you to purchase jewelry floater policy either. I hope your state has an insurance pool for those who can't buy insurance in the private sector.
Why did the US announced the open door policy?
to guarantee American Commerce with China-Nova net
Why did the US announce the the open door policy?
to guarantee American Commerce with China-Nova net
Why did the US announces the open door policy?
to guarantee American Commerce with China-Nova net
Describe what Superseded cover is under the fidelity guarantee section of an insurance policy?
Superseded Insurance is taken to provide cover when a new fidelity guarantee policy is being taken for losses that were going to fall under the old (superseded) policy but would not be because the period allowed by that old policy for losses to be discovered and be claimable under that policy has expired. The incident covered should occur during the currency of the superseded policy. The cover under the new policy will not be broader than that provided by the superseded policy as the limits, conditions & extensions that applied on that policy will still be applicable.
Why is it legal for an auto insurance company to keep your money if you requested a cancellation within 24 hours of the request for the policy?
They can retain policy fees, these fees usually cover the monies they had to pay for staffing at the time your application was generated. In order to cancel your policy seems simple to you, but it is an procedure to the insurance carrier.
What does a guarantee renewable disability insurance policy guarantee?
A guaranteed renewable disability insurance policy guarantees that you can renew it; in other words, in the event that you do become disabled, and you are collecting disability payments under your policy, they are not going to tell you that since you are disabled, you do not qualify to renew the policy (which, of course, would entirely defeat the purpose of having bought the insurance in the first place, which is to protect yourself from financial hardship in the event that you become disabled).
Does IRDA give any guarantee to the policy holder in case the pvt insurer is unable to pay its policy holder the money as it is due to him akin to Sovereign guarantee to the policy holders of LIC?
Yes, IRDA give the guarantee to the policyholder. as the IRDA take care of all the activity specially (Solvency margin:The solvency margin is a minimum excess on an insurer's assets over its liabilities set by regulators. It can be regarded as similar to capital adequacy requirements for banks. It is essentially a minimum level of the solvency ratio).
