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Does insurance company are insured?

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2012-03-09 14:10:01
2012-03-09 14:10:01

Insurance companies have re-insurers to protect their assets.

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Related Questions


A company that is fully insured goes to an insurance company and buys insurance. A company that is self insured does not buy insurance and plans to pay any claims out of the companies "pockets". For instance, if you own a home but choose not to buy home insurance, you are self insured if you should have a fire.


the Atlantic mutual insurance company from New York insured the titanic. Company paid $100000 in hull coverage.


You can get company vehicle insurance at www.iaai.com.


That should be your declarations page. It is a binding contract between the insured (you) and the company.


Call the insurance company that the owner uses and ask them if it was insured. If you aren't sure what insurance company was used, DMV records should say whether the vehicle was insured or not.


Very basically, insurance is a contract (called an insurance policy) between one party (the insurance company) and another (the insured). In the case of life insurance, it is a life that is being insured. In return for the periodic payment of money (called a premium) to the insurance company, the insurance company agrees to pay a sum of money when the insured (whose life is insured) dies. The money is generally paid to the person (or sometimes an entity, such as a charity) that is designated in the insurance policy as the beneficiary. The beneficiary is designated by the insured when the insured buys the insurance but can usually be changed up until the time of death.


Just call the insurance company that you paid for the insurance. They can let you know if your still covered. If you have not purchased insurance then obviously you are not insured.



can a contractor have liability insurance backdated to show the company was insured


As long as the insured keeps their premiums current, the insurance company is bound to pay as agreed.


I'm almost positive that the answer is "yes", especially if the insurance company has already reimbursed you for your losses.



The insured is the person or entity who is covered by the insurance policy. The insurer is the entity (insurance company)that pays to, or on behalf, of the insured for a covered loss. That which is covered by the policy is set forth in the insurance policy.


look to see if there is a insurance card in the car, if not call the insurance company


The company called Tech Insurance provides small businesses with cheap technological insurance. This insurance protects the company insured from liability if a technological error occurs.



FDIC only insures bank deposits. Insurance company obligations are insured to certain limits by state insurance guarantee boards. If you contact your state insurance department, they can provide you with the limits of that state's coverage.


The insurance status of the victim's vehicle is irrelevant. The at-fault insurance company will pay for your damages whether your car is insured or not.



An insurance retention is the portion of an insurance claim paid by the insured instead of the insurance company. A deductible is a common example of a retention although there are other types of retentions. Retentions allow the insured to reduce insurance premiums whileassuming a portion of the risk being insured.


The Insurance company which provides insurance coverageunder contractual obligation with the insured, is called the Insurer in insurance parlance.


You would call the insurance company of the person's car that you are driving. The insurance follows the car and not the insured.


it will tell you in your contract between you and the insurance company


In order to get your car insured, you must visit an insurance company and apply for a car insurance policy. Be sure to shop around so that you can get the best deal on a car insurance policy.




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