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A standard insurance policy is one in which the insured (Person A) pays a regular premium to the insurer (Person B)
In the event of the unfortunate demise of person A, person B is bound to pay the insured amount to A's family.
The insurance amount would vary based on the premium A paid and his age.
What else can I help you with?
What is standard fire policy?
A fire Insurance Policy is Fire Insurance for the covered property indicated on the policy.
Does a standard homeowners insurance policy cover the death of the insurer?
No, Homeowners Insurance does not provide the coverage of a life insurance policy.
Who regulates the Standard life insurance policy?
The standard life insurance policy wording is requlated by the various stae insurance departments. Basically, the standard life insurance policy covers death by any cause at any time in any place. Death by suicide within the first 2 policy years is an exclusion in most states, 1 year in some states.
In what state did the standard form fire insurance policy originate?
New York
What is a non-standard auto insurance policy?
A non-standard auto insurance carrier is an insurance company that insures higher risk drivers - such as drivers with multiple tickets or accidents and/or poor credit.
What federal government agency regulates the standard life insurance policy form?
NAIC
Is there a specific insurance for debris removal businesses?
Debris removal is a standard coverage for commercial insurance. Check your policy for specific details.
Will your insurance pay if a non-licensed driver was driving a vehicle under your policy and was involved in an accident?
It basically just depend son your insurance policy. If you have standard policy and the driver was not excluded then you likely have coverage, if you purchased a more economical but limited policy, (AKA Named Driver policy) then it may not be covered. Best advise is to simply contact your insurer to ask if the non-licensed driver will be covered or not.
Which products does the Standard Life Insurance Company offer?
The Standard Life Insurance Company offers both temporary insurance and permanent insurance. Temporary insurance includes a term life policy. Permanent Insurance policies available are whole life, universal life, and endowment life.
What does one need in order to start a new standard insurance policy?
"In order to start a new standard insurance policy, you must be have the legal rights to do so. You must be a licensed insurance agent with at least five years of experience. After that, buy a franchise and location. You may also need a business loan."
Is the loan for a vehicle paid off when the owner dies?
Not under the standard auto insurance policy.
What services are provided by eBike Insurance?
eBike Insurance offers good value insurance specifically for motorbikes. It does not deal with any other type of vehicle and offers a standard policy for most bikes, and a classic policy for older bikes.
