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2012-09-25 16:52:35
2012-09-25 16:52:35

preferred provider organization (ppo)

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An insurance policy in combination with the application for insurance together make a legally binding contract. The application is the acceptance of the quote along with certain guarantees made by the applicant. As long as the truth is given on the application then the application is accepted by the company and it is a bound contract. If it is later found that you lied on the application, the contract is broken and the company does not have to abide by their part of the agreement either.


Yes, insurance is a form of a wager. In legal terms it is called an aleatory contract which means that the contract participants agree ahead of time to take certain action in response to a defined event. For example, if you take out a health insurance policy (the contract) You are betting that you WILL fall ill, while the insurance company is betting you WON'T fall ill. As long as you remain healthy they get to keep your premium. If you fall ill they have to pay your medical bills.


An insurance policy does not "explain" anything as such. Instead, it is a contract by which the insurance company assumes the financial risk of loss for certain occurrences from the insured in return for the payment of a premium. Part of the contract defines the scope of the risks that that the insurer is assuming; other parts define certain terms used in the insurance policy, and still other parts define what must occur or be done to trigger coverage. To that extent, the insurance policy is providing an explanation of its terms and conditions.


Life insurance is a contract 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. Health insurance is a contract between the policy holder and the insurance service provider whereby the later takes the responsibility to cover the insured person against certain illness/disease as specified in the policy bond up to an agreed sum insured against payment of premium payable yearly.


Yea, insurance policy is a legal contraft 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. Any breach of contract by either party can be settled in the Court of Law.


A general agency is usually an agency that allows other agencies to write business through them for specialty kinds of insurance business. A general agency may offer unusual types of insurance that an Independent Agency may need once in a while and needs the expertise and access to certain companies or products that they would not normally need. I have used general agencies to write horse mortality insurance, insurance for county and city governments packages, certain farming insurance packages, and other things that I need help in experts and company access. I would not write enough of these type of business to learn everything about these businesses needs and I would not have enough of this business to obtain a contract with companies that put together these special packages to meet the clients needs.


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.


No, your insurance contract specifies coverage for certain damages that result from the covered perils listed on your policy. Homeowners insurance can not provide coverage for things that are not damaged.


It requires you to do a certain thing, for a certain price, on a certain date.


Insurance contracts in all countries are subject to the same basic law that governs all types of contracts but also to some legal principles that have been developed to handle the legal problems associated with insurance. Beyond the necessary contractual conditions, certain elements are peculiar to the insurance policy.Generally an insurance policy is unilateral and only the insurer is obligated to act. It is also a conditional aleatory contract.As a contract of "utmost good faith" (uberrimae fidei) a certain degree of honesty is presumed from both parties. This principle imposes a higher standard of honesty-on the two parties than is usually expected in an ordinary contract.To avoid a contract a "warranty" (a statement contained in the contract and requires that a particular condition exists) must be false, or a "misrepresentation" (a statement made by the insured to the insurer on which the latter relies to price the contract) must be false and materially important. Concealment of these factors will be considered to be made with intent to deceive . The insured has an obligation to inform the insurer about facts that may be materially important.


Different insurance agencies allot different amounts towards certain types of treatments. In order to find out how much your insurance will cover any treatment, is important to talk to your prescriber. They can tell you what kind of medication to get and how much you will have to contribute out-of-pocket.


All you need to do is to look on your lease contract and it will give you not only the address but more importantly how the insurance must be stated. Generally in the case of a lease you agree to keep certain high liability limits, certain deductibles, and to list the finance company as an additional insured as well as the loss payee on your auto insurance policy. If you don't carry it exactly as the contract states the least that will happen is that they will provide such insurance and you will be charged for it, and the most they can do is to repossess the vehicle and sue you for all costs, balances, etc.


It is not very smart though it may not be illegal. You are certainly jeopardizing your insurance coverage by not telling the insurance company the truth. An insurance policy is a legal and binding contract where both parties agree to certain terms. You agree to tell the insurance company the truth about drivers, place of residence, and other factors and to pay the premiums and the insurance company agrees to take on certain risks of yours when driving a vehicle and to pay claims that arise from said owning and operating of the vehicle. If you do not tell the truth then you have broken the contract and the insurance company is then not required to hold up their end of the contract. If a big claim were to occur when your wife hit and maybe killed someone would you then want to wonder whether or not the insurance company will pay this claim or would you be solely responsible when the people sue you. This is what you are risking when you lie to save $20 on your insurance as well as committing the criminal act of fraud.


You have to get to a certain spot in the game to get sponsored. Or at the beginning of the game make your skater have a certain deck.


Agencies help anyone who is looking for jobs find employement. There are certain agencies that specialize in a specific field.


No, your dentists office is not legally required to verify your dental insurance. Your insurance company has a contract between you and them, it's not a contract including your dental provider. This is assuming we are not speaking of HMO insurance or PPO insurances. If you are given a list of dentists that you can go to based on a fee schedule then that dentist has agreed to accept a certain discounted price or not to exceed a certain cost, if this is the case then they are obligated to verify when your insurance is effective and when and if it has been cancelled. As a matter of fact, Your dental provider is only doing their patients a favor of submitting a claim for patients within the practice but they do not even legally have to do that. ( once again when referring to NON HMO insurance )


It looks like the most common compensation model is that the agency gets paid a portion of what the locum makes for a certain amount of time. The contract for each individual locum tenens agencies can vary theus how they are paid will vary. You can ask to see the financial statement fot the locum tenens agencies in question.


Group life insurance is written for employee groups, unions, creditors, and other similar groups to provide insurance coverage to a number of individuals under one contract. The underwriting is based on the group not the individuals. This insurance is typical of a employee benefit where every employee has a certain amount of coverage regardless of health or other factors.


Sponsors can do alot of things for the fighters. The most noticeable of all is gear or clothing. For example, Venum or hayabusa may give the fighter an certain amount of clothing or gear for the time the fighter is sponsored. Also, depending on the contract, the fight may receive an nominal amount of money per fight while the fighter is wearing the brand they are sponsored by. The fighter may even receive free or discounted training, if sponsored by a gym.


When there's a condition in the contract that requires one side to do (or refrain from doing) an action by a certain time, you have a contract provision.


approch the nike people and ask if they can sponsored you they have a certain crytera that u have to be in e.x have to be really good a football


Each policy is different. Life Insurance Policies are different from Annuities. Check the policy carefully right when it is delivered. You have a certain number of days to return the policy as "not taken" and it costs you nothing. Make certain you are getting what you want, if not get your money back and do more shipping.


Insurance policy holder is who has entered into a contract with the insurance company 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. In the case of general insurance e.g. Medical insurance, on paying a prescribed premium, the insurance policy holder is protected against any disease/illness with its preconditions upto a pre determined sum insured amount, by the Insurance service provider.


That you are covered by a health insurance policy, meaning that you have an insurance company that will pay certain amounts for certain physical problems, illnesses, accidents, operations, medications and so on.


Insurance policy is a contract 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. It's in fact not for any monetary gain but to be treated as a compensation for financial loss incurred. This theory is applicable to both life and general insurance segment.



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