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Contact your insurance agent.
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∙ 13y ago
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How do we increase the amount on our policy for life insurance with your company?
You can opt for another policy as increase in amount of a life insurance policy is not allowed, though there is option for reduction in sum insured in few policies.
What is portable life insurance?
A life insurance policy is "portable" when upon leaving the group policy, you transfer your life coverage to an individual life policy with the same insurance carrier with no changes to the policy or increase in premium.
Will a toll violation increase an auto insurance?
Contact your agent or the policy services dept. of your insurance carrier for the answer to your question.
What life insurance policy allows the premium to increase only for a class of insured?
Term insurance that has no guaranteed premiums. 4lifeguild
Does an life insurance company has the right to keep raiseing it rates on the eldely?
It depends on the type of insurance. If you have a whole life or guaranteed universal life policy, the rates are set when you take out the policy and the company cannot increase the rate, ever. If you have a renewable term insurance policy, the rate will increase each time you renew the term. The agent that sold you the policy should have fully explained rate increases and how they worked and if your policy was subject to them.
If you receive a speeding ticket will the insurance on the car increase?
It depends if you receive points on your license or not. No points really doesn't affect the insurance rates, but rates will increase if you receive points on your license.AnswerYes, a speeding ticket will most likely increase an insurance policy. Every year at renewal the motor vehicle report is run. If there is a ticket, the insurance company has the right to surcharge the policy (upwards of 15%) because of the ticket. The charge will depend on the severity of the ticket and it will only be applied at renewal. The surcharge will remain on the policy for three policy years.
Can you have two life insurance policys?
Yes. You can have as many life insurance policies as you are willing to pay for, but it usually is less expensive to increase coverage on a current policy that to purchase a separate policy.
Why wont the insurance company say how much the policy is for?
because in the renewal the rate will probably increase
Does your car insurance go up when someone backs into your car when your not in it?
Normally this would not cause an insurance policy to increase, but it is possible. Every insurance company is different and have different rates. You should check with your insurance company directly and ask. Not at fault accidents can effect the price of a policy when the policy is new business with a company.
If you have had a flawless driving record for 25 years will your insurance premiums increase due to a seatbelt violation?
A seatbelt violation will not increase your insurance very much or at all. They will not increase it until the policy is renewed as that is when they pull the driving record again.
Do car insurance premiums increase after a comprehensive claim for a windshield?
A claim for windscreen glass will not normally affect the no claims discount of a motor insurance policy.... but your policy may be different, you need to read what it says.
Why might an unethical agent try to sell you a new life insurance policy?
To increase the agents income, earn a promotion, earn a bonus, increase his (or her) standing and reputation among the other insurance agents.
