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Does a health insurance company have to reimburse premiums if policy holder cancels coverage mid month?
Wiki User
∙ 15y ago
It depends on the carrier. In most cases...yes. http://www.ohioquotes.com
Wiki User
∙ 15y ago
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Is the insurance company required to notify you if your employer cancels the company policy thereby cancelling the employee coverage?
No. The Employer must notify you.
Who cancels an old auto insurance policy when you change to a new policy under a different company?
The policyholder should contact the insurance company and cancel the policy - you might get a partial refund if the premiums are paid up-to-date!
Can your employer cancel your health insurance when you are on short term or long term disability because you did not make a payment on your insurance like is normally done through your paycheck?
Your employer's obligation to pay premiums normally stops when your paycheck does, that is, when your medical and personal leave is exhausted, and there is nothing left to deduct the premiums with. When that happens, the insurance company, not your employer, cancels your health insurance for lack of premiums. There are many ways to avoid this tragedy, including donation of leave by co-workers, if permitted, to keep the paychecks coming, or employer paying premiums for you until you are able to return to work. Good luck. JJ
Can an insurance company cancel policy for late payment after a claim is filed?
You bet. See, it works like this ... you pay for a service (insurance coverage) ... as long as you keep paying on time, you have coverage. One thing you don't want to ever do is make a late payment while a claim is being handled ... the insurance company thinks you are no longer interested in having them provide insurance coverage, and cancels your policy. Some insurance companies automatically cancel anybody for filing an accident claim.
What can you do if your auto car insurance cancels all medical benefits after your accident?
I would switch insurance carriers.
What if your home owners insurance cancels you?
You might wanna look around for another company
Non forfeiture options?
Hi, I have some few knowledge regarding this nonforfeiture. I had only known that Standard life insurance and long-term care insurance may have nonforfeiture clauses. The clause may involve returning some portion of the total premiums paid, the cash surrender value of the policy, or a reduced benefit based upon premiums paid before the policy lapsed. If you have any attorney issues regarding this then Law Office of Sebastian Ohanian is one of the best options for you. Thank you
What does it mean to be a general liability insurance certificate holder?
If you are named as Certificate Holder on a Certificate of Insurance, the insurance company MAY or (in some instances) HAS TO notify you if the policy cancels prior to the renewal date.
Car insurance criteria for cancels due to accidents?
A car insurance company can cancel your policy for many reasons and they are not obligated to provide you with insurance. Different companies have different criteria for cancellation of a policy due to accidents.
What happens when you don't pay your insurance?
It lapses which means it cancels. Most insurances will do this after 30 days of unpaid premiums but some can be as quick as 1 day late (cobra) and some allow up to 90 days (Aflac). If a policy lapses, you might have reinstatement or reactivation provisions. Reinstatement is where they will activate the policy with lapse in coverage and Reactivation is where they will activate the policy without lapse in coverage by accepting payment for back premium. Ask about both and your options.AnswerIf you do not pay your premium two things may happen: If it is a term policy, it will lapse;If it is any type of a cash value policy, the premium will be taken (in most cases automatically) from the cash value. If the cash value is not sufficient, the policy will lapse.Before any of this happens though, the insurance company you are with will send you a notice that will tell you exactly how much you need to pay and by what date in order to keep the policy in force.
Cancels a sharp or flat?
A natural cancels a sharp or flat.
I bought a car with my money outright But because I am not 18 my mom had to be on title to I pay the insurance for it and everything legally can she take it away from me if im on the title?
no, but then you cannot drive the car if she cancels the insurance. you would drive w/o insurance, would you? that would be stupid.
