No. Group life insurance operates on the principle that everyone or almost everyone (a percentage specified by the insurer) in the group must participate. This negates "anti-selection" (the tendancy for only people in poor heath to get insurance) and therefore eliminates the need for most underwriting. Companies usually base prices on the group's previous mortality experience (the number of people that died per age group, per year). The only time a life insurance company would really underwrite a group policy is if the group had limited or no previous mortality records (no previous group insurance). Completely aside from that, a company will investigate any claim they suspect of being fraudulent. For example, almost all GROUP insurance polices exclude death as a result of suicide, so if someone overdosed on a medication the claim would almost certainly be investigated.
Yes, but they have to give you advanced notice, 45 days in my state.
it depends on what kind of insurance you are talking about. and even then it depends on your age, situation, occupation, health, etc. each company views different things in different ways in the underwritting process
1State Farm Group$50,808,6352Allstate Insurance Group$24,796,2563Liberty Mutual Insurance Cos.$21,483,9964Berkshire Hathaway Insurance (includes Geico)$21,3583165Travelers Group$20,594,4586American International Group$19,687,7207Nationwide Group$14,489,5318Progressive Insurance Group$14,476,6769Farmers Insurance Group$14,129,51210USAA Group$10,679,41411Hartford Insurance Group$9,688,76012Chubb Group of Insurance Cos.$8,927,73613CNA Insurance Cos.$6,188,61814American Familiy Insurance Group$5,324, 29015Aliianz of America$4,666,30116Auto-Owners Insurance Group$4,485,44217Munich-American Holding Corp.$4,413,83418Zurich Finanical Services NA Group$4,400,12319Erie Insurance Group$4,019,27320Ace INA Group$3,705,47521Transatlantic Holdings Inc. Group$3,408,02022W.R. Berkley Group$3,392,33023The Hanover Insurance Group Property & Casualty Cos.$3,053,50824MetLife Auto and Home Group$2,983,23625Cincinnati Insurance Cos.$2,965,462
The answer to the question what type of insurance Mercury Insurance Group offers is, Mercury Insurance group offers Vehicle, Homeowners and Health insurance.
The population of Vienna Insurance Group is 25,010.
Hi what is the insurance group for a Peugeot 207 Sw
The population of Zurich Insurance Group is 60,000.
Zurich Insurance Group was created in 1872.
Merchants Insurance Group was created in 1918.
Merchants Insurance Group's population is 323.
Insurance Australia Group was created in 2000.
The population of Insurance Australia Group is 12,700.