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Does a premium have to be paid to To obtain a contract of insurance against a risk?
Wiki User
∙ 9y ago
Nothing is obtainable free in this world. So, obviously you are to pay premium for obtaining a contract of insurance against a risk
Wiki User
∙ 9y ago
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How can one obtain premium whole life insurance?
One can obtain premium whole life insurance through their current insurance company. Several companies such as TD Insurance and BMO Insurance, offer great rates.
What insurance companies offer unoccupied insurance?
Not all major insurance companies offer unoccupied insurance. Those that do will charge a hefty premium. Contact an agent to discuss options and obtain quotes.
Is it better to get individual insurance?
Usually one person can obtain insurance more inexpensively than a group of people can. More people requires more risk, so the insurance company will charge a higher premium.
If you are a minor in need of car insurance do you have to be under a parent or guardian's insurance plan to drive?
As long as you hold a valid drivers license, you usually can obtain motor vehicle insurance as long as meet the insurance companies underwriting requirements, such as no tickes, no accidents, no suspensions, and do not ow any insurance company money. If you are young, usually the premium is high. The idea behind letting a minor enter in to a insurance contract is one of the few contracts a minor can enter in. Because if you have a license to drive, you need insurance.
Can a 16-year-old get car insurance in her name in the state of Rhode Island?
No, they are not old enough to sign a contract such as an insurance policy. They will require an adult to obtain the policy for them.
Where can one obtain premium quotes for Canada term life insurance?
There are a few Canadian insurance companies that one could compare the prices for life insurance. There are websites like Progressive and TD Insurance that will show their competitor's prices as well as their own.
How do you obtain home owners insurance now since your insurance company will not reinstate us due to 2 claims?
Yes, you can still find insurance but you will likely now have to pay a lot higher premium than before due to your claims history.
Can a 16 year old girl get car insurance without having her parents on the insurance company?
A minor can not legally enter into most binding contracts As a result a parent or guardian is usually required to approve or authorize a contract by signature. So Although, Yes,, they can obtain Auto Insurance Without the parents listed as named insureds on the insurance contract, However, A parents signature will still be required on the insurance application authorizing the minor to enter into the contract.
What will happen if you get caught with no car insurance?
You will get a ticket and, possibly given a few days to obtain that paid insurance. If you cause a collision, the other person can obtain a judgement or lien against you. You will end up paying for it, anyway, in the long run.
What is the minimum age required to obtain a car insurance policy in your name in the state of Mississippi?
18 is the age at which you can enter into a legal contract. Before the age of 18 you can still purchase auto insurance but your gaurdian or a parent will have to countersign the insurance application.
What are the lowest insurance premiums for medical when I am a healthy 24 year old male?
The amount you will pay for your premium will depend on what state you live in. Another major factor will be your family history. You can contact your local insurance agency to obtain a quote.
What is the meaning of the term whole life insurance?
Whole life insurance means the life insurance policy that:normally covers an individual until his or her death, unless it lapses due to non-payment of premium or is cancelled,builds up a cash value (called cash surrender value),pays a fixed death benefit, andwhere (unlike in a term life insurance) the premium amount remains constant despite the advancing age of the insured.The insured or policyholder may obtain a loan (called policy loan) against the accumulated cash value. For more information refer to link below.
