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What else can I help you with?
Why might a medical assistant purchase a professional liability insurance policy separate from the employer's policy?
In order to provide themselves with additional (supplemental) coverage in case the employers insurance policy is insufficient. When the assistant wants an additional layer of coverage beyond the limits provided by the employers policy.
Can i get car insurance without having a car?
You can purchase a non-owner policy which is used occasionally if a person is required by the state to carry valid insurance in order to keep your license.
Where can you find your policy for homeowner insurance at?
You can always call your insurance agent and they can order you a new copy of the insurance policy. You might also be able to print the policy from the website.
What is a purchase money first mortgage?
A purchase money or first mortgage is the mortgage granted in order to purchase the property. It usually indicates that the title was examined, a certification of title was issued by an attorney and a title insurance policy was written.
Can i buy a life insurance policy on anyone?
No. You have to have an insurable interest in the person's life in order to take out an insurance policy on their life.
Do you have to have a driver's license to get car insurance?
No. However, in order to purchase insurance, the company will want to know who is driving the vehicle in order to set the rate, and they will want the name and license number of all drivers of the vehicle. You may be able to get a simple policy if you are required to have insurance to have tags but are not otherwise driving the car, but it depends on the insurance company.
Can you buy insurance for a car that isn't yours?
You cannot purchase insurance on a vehicle that you do not own. An insurance application along with a policy together make up a legally binding contract and within this contract it states that you must own the vehicle in order to insure the vehicle. In the lease you must have an insurable interest which includes a lease situation which would give you insurable interest and allow you to purchase insurance on the vehicle. If you do not own the vehicle or have an insurable interest in the vehicle then you cannot purchase insurance on the vehicle. If you and another person own a vehicle together whereby you both are listed on the title then this would also give you enough interest to by an insurance policy on the vehicle. In this case you would also need to list the other party on the policy as well in order to cover their interest also.
Is having a health insurance policy necessary to purchase a car?
"No it is not a requirement in order for you to get purchase an automobile. Some people recommend it to others due to the fact of family/personal safety. Incase you get into a car crash and become injured, health insurance may cover some of the cost."
Do all life insurance companies require that you take a physical in order to get a policy?
No, not all insurance companies require that you take a physical in order to get a policy. One such example is GEICO and Allstate.
What type of auto insurance covers the driver no matter what vehicle they are driving?
There is no Such Auto Insurance Policy. You would need a Primary Auto Insurance Policy on your own Vehicle and then an attached Umbrella Policy on top of it in order to get close to this.
What insurance companies cover suicides?
Life Insurance Companies do not cover suicide, subject to the "Suicide Clause" limitation in all life insurance policies. The suicide clause stats that no death payment will be made if an insured commits suicide within the first two years (one year in Colorado) that the policy is in force. This clause protects the insurance company against adverse selection - the purchase of a life isnurance policy in contemplation of a planned death in order for the beneficiary of the life insurance policy to collect the life insurance proceeds.
Is mortgage insurance payable on a sum of all assets or only the new purchase?
"Mortgage insurance" is just term life insurance, and the salesman will usually try to include everything possible in order to write a bigger policy. You would be better served to restrict this to the new asset, and best served to get your own term life policy and assign it to the lender.
