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If your spouse who is not the primary insurance carrier makes a change over the phone is there a waiting period before it goes into effect?


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Wiki User
2015-07-15 19:33:59
2015-07-15 19:33:59

Not usually. The majority of insurance companies accept the change valid at the time of the request. Even if it changes the premium amount.

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yes they are. basically, if you are waiting for a lump sum settlement, then you have already been delared permanent and stationary(injury will get no better, or no worse). once the insurance adjuster receives all of your paperwork from the doctor who released you, your weekly payments will most likely be alot smaller than before. this is in preparation for your lump settlement. depending on the carrier, you may be able to receive small advances on the end amount if needed though.

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No. If you have a deductible with your primary carrier, you will have to pay the deductible first before Medicare will pay anything.

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Yes, and you want them to because if they are paid out of order then it will be a mess to correct.

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No, if they have information of a third or first party carrier who is liable for accident related costs, they can make a claim directly to that carrier.

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In most cases an insurance policy for a car goes into effect the moment the first payment is made. In the case of medical insurance there might be a waiting period based on the insurance company. Life insurance usually goes into effect after the first payment is made, but there might also be a waiting period before benefits will be issued.


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