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Does it matter if a person is insured by more than one company?
Wiki User
∙ 15y ago
No. The only thing that matters is when you apply for life insurance is to tell them. There are limits on how much insurance you can get based on income and needs.
Wiki User
∙ 15y ago
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Is Hamni bank FDIC insured Is your parent company Mirae What are the assets of your bank.?
Hamni bank is FDIC insured. You can read more about them at Hamni.com.
Can you collect more than the at fault person is insured for?
You can win an award for more than the insurance limits. Now, try to collect the extra directly from the insured. Good luck.
What can you do if a death claim is denied because the company found out that the insured was HIV positive but the insured did not know?
Then you have a good argument to get the claim paid. For more info see http://www.steveshorr.com/wrong.or.imcopmplet.info..htm
Multi car discount - what is it?
MULTI CAR DISCOUNT A discount offered by some insurance companies for those with more than one vehicle insured on the same policy. In some cases, if you drive a company car insured by your company, your own insurance company may give you the multi-car discount.
Can a person who is in state prison and has a low probability of outliving his sentence get life insurance coverage?
A person can get life insurance NO matter where that person is ... it is up to the insurer to issue the insurance on the person more then likely the insurance company will not insure said person ...
In what state are the Dixon Movers based out of?
The Dixon Movers company is from the west coast and is a moving company. More specifically, they are based out of the state of California. They are licensed as well as insured as a company of professional movers.
Can an insured driver still sue me after his car was fixed by his insurance?
It is more likely you will be sued by the insured driver's insurance company. Just because the other driver had insurance, that does not exonerate you from having to pay damages if you are liable.
Does the beneficiary get paid if the insurance company did an exam on the insured prior to issuing a life insurance policy but the insured dies due to a liver cancer in the first two years?
Did the insured know he had any issues with cancer? For more info. see http://www.steveshorr.com/wrong.or.imcopmplet.info..htm
Does the insurance company HAVE to notify the insured that a policy was taken out on them?
Pretty much, you're not going to get a life insurance policy without the insured signing an application and taking a physical, giving blood samples and doctor reports. Here's one company that will issue life insurance without the insured knowing, BUT you must have some kind of a business relationship with that person, like they owe child support or alimony or you have loaned them $$$. http://www.piu.org/pdf/Confidential%20Life%20501.pdf For more info see www.SteveShorr.com/life.htm
What is the difference between being insured under a policy and being self-insured?
If you have an insurance policy purchased from an insurance company, some or all of the financial losses you incur will be reimbursed by the policy issuer. If you are self-insured you, or the company that is self-insured, is responsible for all financial losses and liability to others. Some self-insured companies are self-insured only for the first million or 5 million dollars, and have bought insurance policies to cover larger losses. Their annual insurance premiums are lower as a result, since the purchased policy is not responsible for those less, and more frequent, losses.
How can you find out who a beneficiary is on a life insurance policy?
Have the owner or insured contact the company and ask. For more info see www.steveshorr.com/life.htm or www.steveshorr.com/estate.planning.htm
Do siblings share life insurance payouts?
Life insurance proceeds are payable according to the beneficiary designation made by the insured and that is a part of the insurance policy. As such, the beneficiary can be any person or entity that had an insurable interest in the life of the insured at the time of the policy's inception. Concievably, that can be one or more of the siblings of the person insured. However, the insured is free to change the beneficiary(ies) at any time prior to death. If the insured designates his/her estate as the beneficiary of the policy, upon death, the proceeds are paid to the estate and distributed per the terms of the deceased's Will. If there is no Will, the proceeds, along with other assets of the estate, are distributed according to the laws of intestate successation of the state in which the insured died.
