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What is the timing in insurance company to pay insurance amount?
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∙ 12y ago
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∙ 12y ago
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What to do when an insurance company doesnt pay amount of damages?
sue
Who pays remainder of loan when car is totaled?
It depends. if you have GAP insurance, the insurance company will pay the payoff amount. If you do not have GAP insurance, it is the holder of loan's responsibility to pay off the complete open loan regardless of the amount paid by the insurance company.
What is the amount you pay before insurance company pays anything?
deductible.
Will a funeral home wait for you to receive life insurance to pay funeral cost or do you have to pay before funeral service?
Life Insurance Company will pay such amount to you after you submit the death certificate in insurance company. Fist you have to pay to funeral home and after that you will receive insurance amount from the insurance company. Here is link from where you got the local funeral home information in detail and ask them for the same. http://www.allfuneralhomes.com/
Is insurance premium part of deductible?
The insurance premium is the amount you pay the insurance company every month. The insurance deductible is the set amount which you pay out of pocket for repairs after you make a claim. For example... you may pay $100 to the insurance company every month for the insurance policy and have a $500 deductible. If you file a claim you are expected to pay for $500 of the repairs yourself, while the insurance policy covers anything above that amount up to your max limits.
What is basic term life insurance?
Term life insurance is what people call "pure insurance." You pay a premium for a specific period of time, usually 10 to 30 years, and the company will pay a death benefit to your beneficiary if you passed away in that time period. You designate an amount with the insurance company and they will pay exactly that amount.
Who pay the health insurance for employees?
This depends on the company and its policies. Sometimes the company pays half and employees pay half. Sometimes, company pays full amount and sometimes, there are no insurance benefits for employees.
What effect does a claim has on insurance company?
A claim is a liability on part of the insurance company. If a customer makes a claim it means that the insurance company has to pay the customer for the amount is eligible to claim and hence it is a expenditure on the balance sheets of the insurance company.
The required initial amount you pay before your receive insurance benefits is called the?
its called the deductible. ask an insurance company about it.
What is The dollar amount you have to pay before an insurance plan takes effect and the insurance company starts paying called?
deductible
What is a car insurance premium?
A car insurance premium is the amount of money paid to an insurance company for a 6 month period. It is cheaper to pay the full premium that pay each month.
What is health insurance deductible?
That's the amount of money you have to pay before the insurance company will pay anything. Sometimes it's $500 sometimes it's much higher.
