Yes ... the patient, in all cases, is wholly responsible for assuring proper and timely payment of insurance claims. Chances are, the dental office submitted the claim within the time limits and the claim was returned for whatever reason, so the dental office then sends you a statement for the entire bill due instead. You might check with your dental insurance company to make certain everything is okay with your particular coverage plan.
A claim is a liability on part of the insurance company. If a customer makes a claim it means that the insurance company has to pay the customer for the amount is eligible to claim and hence it is a expenditure on the balance sheets of the insurance company.
Yes, You still owe the balance of any note owed to your Finance Company.
To the insurance company, your mortgage balance has no impact on how much insurance coverage you need for your home. Homeowners insurance is based on the replacement/reconstruction cost of your home.
I didn't sign any documents and insurance charged my credit card and created a policy. Type your answer here...
Is there really an outstanding balance? Did the company give you insurance beyond any grace period for some sort of promise-to-pay? If not, there should be nothing owed to the old company, and you could probably get re-instated with them. A new company will cover you as soon as you pay their first premium.
The outstanding balance is very simply the amount of debt that you have charged on the credit card. You owe that amount to the credit card company.
The rates won't go up; they will cancel your insurance instead. Personal knowledge.
Yes, If your insurance company determines that they overpaid or were overcharged on a claim they can request or even demand repayment.
If the other party has insurance, then their company needs to pay off the balance. you are but you can sue their insurance for the loss but the creditor will expect you to owner the contract(the loan)
I assume your question refers to a car that was financed and was involved in an accident an it was a total lost. The insurance company pays the bank, the car belongs to the insurance company.
The insurance company will not send you a bill. More likely they will reject the claim from the pharmacy and the drug store will bill you.
They shouldn't. The finance company has a lien on the insurance money to pay off the loan. The Finance Company will cash the check, pay off the balance and if there is any balance left, send the money to you.