0
If an agent suggests for you to get a 10 year term insurance policy of 150k can you decide to get in the amount of 5 million instead?
Wiki User
∙ 15y ago
Yes, if your economic situation warrants it. That is, how much do you earn? How many dependents? Inheritance? Estate Planning? Why do you want that much coverage?
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What is the normal liability coverage amount on an Ontario Canada auto insurance policy?
It ranges from about 500,000 to 2 million. The average that insurance companies quote is for 1 million. KeVin Toronto
What is the recommended amount for personal liability on homeowner's insurance?
1 Million in Canada, 2 million in the states, More lawsuits in U.S and less restrictions on how much you can sue for.
Do you have to have car insurance in Wisconsin?
All states require Financial Responsiblitly. Most people do not have the amount of money in reserve to meet the min. limits, therefore we buy insurance instead.
What if hail damage is greater than the value of car?
than your car is totaled and your insurance company just pays you a dollar amount instead of paying for the repairs... assuming you have insurance
What is the average amount of insurance for a restaurant to carry in Ma?
It is about 5000 a month but it can be as much as half a million if you dont have good security devices
What is Amount payable by insurance company for insurance?
This is the amount paid by the insurance company to the doctor. It is the negotiated rate less the amount that you paid in the form of a copay, a coinsurance, or a deductible.
How can one define whole life insurance?
Whole life insurance varies from term life insurance because it is valid for the insured's entire life instead of just for a specified amount of time. Whole life insurance typically has premiums due each year.
What is a lifetime max?
On a healthcare policy, the lifetime max is the absolute most amount of money the insurance company will pay for your medical expenses. For instance, if the lifetime max on your plan says two million dollars, then as soon as the insurance company has paid two million dollars worth of your medical bills, the insurance will stop paying your bills and you will have to pay everything after that.
When did the US government establish the Federal Deposit Insurance Corporation?
The Federal Deposit Insurance Corporation was established by the US government in 1933. The amount of reserves furnished to the FDIC was $289 million which came from the US Treasury Department and the Federal Reserve.
What is a deductible in auto insurance?
A deductible in any kind of insurance is, basically, the minimum amount before the insurance "kicks in." On any repairs covered by your insurance, you will have to pay the deductible amount before the insurance will pay anything.
What exactly is term insurance?
Term insurance is an insurance you get for a specific amount of time. It is only for a certain amount of time. For instance, term insurance can be an insurance coverage for 6 months, 2 years, or 5 weeks.
Can one be prescribed xanax without health insurance?
Well Yeah ... Anyone can be perscribe a medication.. insurance is just there to make it cheaper for the patient.. So lets say you don't have insurance... you would then pay the full amount for the prescription instead of a copay or 20% percent of the full price.
