0
Is Protective Life Insurance Company able to pay life insurance claims?
Wiki User
∙ 7y ago
Modern women take a heavy toll trying to keep a balance between personal and professional life. On top of that, women are more vulnerable to health issues especially after the age of 40. So Protect Woman's Life Through Health Insurance
Buy Health Insurance With Insuring India . com
Wiki User
∙ 7y ago
Add your answer:
Earn +20 pts
Where does insurance claims money come from?
When you get insurance on a car, a house, a boat, you pay the insurance company money, known as premiums. The insurance company invests that money. When there is a claim, some of the premium, along with some of the interest from the invested money, is used to pay the claim.
What is the title of the person in an insurance company who calculates the amount of compensation to be paid?
A claims representative or claims adjuster fits this description.
How do you know if a life insurance policy has been cashed in?
You call the insurance company claims department and ask them. You would have to be the owner or the beneficiary or rightful descendent of. 4lifeguild
Ihave just found an old insurance policy belonging to my mother who died 37 years ago how do i know if its been cashed or not?
Normally a policy docment is surrendered to the insurance company to initiate payment. As all insurance companies are different, check with the insurance company whether they have paid out on it and whether they have a time limit on claims.
How does an insurance company benefit from insurance?
When an insured purchases an insurance policy they pay the insurance company money for the insurance coverage. This money the insurance company collects is called insurance "premiums". The insurance company, using the law of large numbers, collects more money in premiums than it pays out in claims. The insurance also makes alot of its money by taking the money earned from premiums and then investing it. As we all know that Life insurance policy cash values are accessed through withdrawals and policy loans. However, withdrawals are taxable to the extent they exceed basis in the policy. Loans outstanding at policy lapse or surrender before the insured's death will cause immediate taxation to the extent of gain in the policy and hence benefits the company.
A delinquent insurance claim may be easily located by reviewing what insurance company record?
The answer is;insurance claims register
What companies specialize in no claims car insurance in the US?
One company that specializes in no claims car insurance in the United States is Progressive auto insurance. They are well known for their different insurance options.
What can you do with a degree in risk management?
You can start of in underwriting or claims in an insurance company or insurance brokerage firm.
Is building insurance UK a reliable company with its claims?
Building insurance UK can be reliable with its claims as long as you file all of the paperwork properly. Understanding the insurance that you carry is an important factor in getting claims approved.
What company claims to have the cheapest auto insurance rate?
Geico claims to have the cheapest auto insurance rates. You can get more information about auto insurance rates from Geico at the official Geico website.
How do you file for death benefit?
Contact the claims department of the insurance company that issued the life insurance policy.
What exactly is progressive car insurance?
Progressive Car Insurance is an insurance company that claims to have low, competitive insurance rates. They offer free quotes and other types of insurance as well, such as homeowners insurance and RV insurance.
How do health insurance claims work?
Health Insurance claims are bills for health care services. Generally your doctor will have a medical billing specialist that taken down your insurance information. He or she will them bill or charge your insurance company for the portion they are responsible for.
What are auto insurance claims?
Auto insurance claims are those matters for which you ask your insurance company to pay for something, because you were in an accident or your car was damaged. If two cars are involved, one company may file a claim against another.
What should you do if a victim of a simple car accident claims injuries?
If a victim of a simple car accident claims injuries, it is best to talk to your insurance as soon as possible. Your insurance company will then require that the victim's insurance company provides proof of injury. If it is found that the victim is injured, your insurance company will instruct you on the next course of action.
Who would you contact if payment problem develops with an insurance company and the company ignore medical claims?
Call the Insurance Comissioner of the state you live in.
What do you do if the person responsible for damaging your vehicle does not have insurance?
Take them to small claims court or settle it through your insurance company.
