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Insurance is a contract or agreement providing for payment of a sum of money to the person assured or, failing him, to the person entitled to receive the same, on the happening of certain event. This agreement is the very basis or foundation of an insurance policy bond.

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2013-04-20 05:49:43
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Q: What does agreement to furnish insurance policy?
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What is an insurance agreement?

There can be various types of agreement for an insurance policy, which would operate to smooth the path of contribution settlements. A typical agreement can be in relation to injuries suffered by employees being carried by the employer's vehicle in course of their employment.

Where can one buy an endowment policy online?

An endowment policy is a life insurance agreement designed to pay a lump sum after a specific term or on earlier death. You can purchase an endowment policy online at Endowment-Life-Insurance.

When the drain pipe is under the house and it rots does the insurance pay for the repair?

They should NOT have to pay if the policy holder did not read the agreement prior to signing the policy

Is there a statute of limitations on filing medical insurance claim in Georgia?

That will depend on your agreement with the insurance provider. Your policy will specify the times in which the claims must be made.

Is it fraud if a Life insurance agent receives a commission for a new policy then cancels it and does not return the commission?

A 'commission' paid to an insurance agent generally comes from the company that the insurance policy is placed with, NOT from the individual who bought the policy. If the agent knowingly, placed the policy with the intent of collecting the commission, and then immediately cancelled the policy then, yes, that would be fraud, unless his working agreement with the insurance company addresses it otherwise.

Does bass pro furnish health insurance to employees?

yes they offer health and dental insurance.

What is composite insurance policy?

It is a composite insurance policy(:

Is it fraud for your ex-wife to still use my health insurance after the divorce and i am not responsible per the divorce agreement?

Not if you neglected to remove her from the policy

What are the four parts of an insurance policy?

Declarations, Insuring Agreement, Conditions, and Exclusions. Many policies will also have an attached endorsement part.

How can risk of a company be prevented?

How can a risk of a company be prevented is by taking an insurance policy. Now, What is insurance? Insurance is the agreement between two partners to undergo a certain agreement in case of any unfortunate circumstances. The first partner is called the insurance company(insurer) while the partner is called insured, which is the person taking the policy. For a company to be prevented from risks it will has to take an insurance policy; for this risk occurring the insurance company will has to pay a certain sum of amount (called premium) to the company in other to cover half or almost the risk. So, with this, the company will be prevented from risks of any nature.

What is the executor on a life insurance policy?

The Policy Holder of a life insurance policy is the executor of the said policy.

How can you check your insurance policy at Nippon insurance?

call them and ask them to fax your insurance policy.

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