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.
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.
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.
They should NOT have to pay if the policy holder did not read the agreement prior to signing the policy
That will depend on your agreement with the insurance provider. Your policy will specify the times in which the claims must be made.
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.
yes they offer health and dental insurance.
It is a composite insurance policy(:
Not if you neglected to remove her from the policy
Declarations, Insuring Agreement, Conditions, and Exclusions. Many policies will also have an attached endorsement part.
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.
The Policy Holder of a life insurance policy is the executor of the said policy.
call them and ask them to fax your insurance policy.