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Guaranteed renewable A and H policy?
If a policy is guaranteed renewable, the policy can be renewed by the insured regardless of health.
What types of insurance do accident and health insurance companies provide?
The accident and health line consists of the following categories: group, credit, collectively renewable, non-cancelable, guaranteed renewable, nonrenewable, and other individual health and accident lines. In 2014, health insurers in the US will not be able to deny coverage because of pre-existing conditions. Therefore, most policies will be "guarantee-issue."
How can one get worldwide health insurance for life?
Worldwide health insurance for an unlimited time can be acquired by HealthCare International and Global Health Insurance. The HealthCare International has a life insurance policy that is annually renewable. The Platinum plan of Global Health Insurance is that as well.
Can I be denied health insurance due to preexisting medical conditions if my job switches health insurance carriers?
No, because group insurance is normally guaranteed-issue, so they have to insurance no matter what conditions you have.
What does conditionally renewable mean with insurance?
Conditionally renewable policy grants the insurer a limited right to refuse to renew a health insurance coverage at the end of a premium payment period.
please define guaranteed acceptance life insurance?
This term means that you are guaranteed accepted for this insurance as long as you are able to keep the payments. There are no health questions are tests that needed to be done as with other standard life insurance.
Can a convicted 1st offense felon with no jail time renew a life insurance license in PA?
Most decent life insurance policies should have their renewable status guaranteed.
What are the five classifications of health insurance policies?
1 cancelable 2 optionally renewable 3 conditionally renable 4 gauranteed renewable
What is renewable term insurance?
A renewable term insurance gives you the option of renewing or starting your term life insurance period over again without proving that you are in good health. This usually means that the term will automatically renew for another term so long as you pay the premium. The premiums may go up, and there are age maximums assigned to renewable term insurance. There is a description of renewable term insurance and other types of insurance at the Insurance Information Institute.
Can you be denied health insurance if you get on a group health insurance plan?
In California small group plans are guaranteed issue, which means you would not be denied. The HR person of his prospective employer would be able to tell you if they have a guaranteed issue plan.California has the Major Risk program too. If you live in another state, you can check their insurance programs online.
Will your existing disability insurance premium change if your new job is in a higher risk class?
This is a very good question and it depends on your current disability contract. If your existing disability contract is non-cancellable and guaranteed renewable then the answer is no. If a contract is guaranteed renewable then the company guarantees that coverage cannot be cancelled as long as premiums are paid, however the company can increase the rates. If a contract is non-cancellable in addition to guaranteed renewable then the company cannot change the policy provisions or increase the rates. In summary it if your existing policy is non-cancellable and guaranteed renewable then changing occupations will not change your premium or change your benefits.
What are some benefits of private health insurance?
There are many benefits to private health insurance you can get quick and easy consultations with guaranteed cover on bills for simple things like prescription medication and operations free of charge.
