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What else can I help you with?
Can you make a claim on a insurance binder?
If you have applied for insurance and paid a premium, you are essentially insured if you have been given a binder. In life insurance if the applicant dies before the policy can be issued, you would file a claim as if it had. The claim would be processed and if the applicant is found to be insurable had he still been alive, the claim would proceed as if he already had a policy in force before he died.
What are the best Geico car insurance quotes?
Depending on the applicant's driving records, car type, and habits (smoking, drinking, etc.), the car insurance quote will vary. For example, if the applicant has several driving records, then his quote would be slightly higher.
What are the typical terms of a building insurance policy?
The typical terms of a building insurance policy would include such things as flood insurance, fire insurance and insurance covering anyone who may be injured at the building.
Can a daughter take out a life insurance policy on her mother?
Yes you can. Your mother would have to sign as the applicant, and you as the owner. Also the insurance company may want to know the reason for the policy and its purpose.
How much would you pay for a new applicant in Progressive Car Insurance?
The pay needed for new applicants that have signed on with Progressive Car Insurance, or known as Progressive Auto Insurance varies greatly depending on one's situation and reliability.
What do you do if your being sued by a non-licensed driver?
The best thing to do would be to consult an attorney and file a countersuit against the unlicensed driver. You should also contact your insurance company, as you may have given them power of attorney for you in terms of automobile accidents when you signed your insurance contract, in which case your insurance company must sue for you.
Can the insurance company deny a life insurance claim if the insured dies before they receive the application and premium?
Yes, the insurance company can deny a life insurance claim in the event of death before the company receives the application and premium. The question uses the word "insured" but at this stage in the process, the correct description would be "applicant" or "proposed insured". Life insurance protection can be in-force before a policy is approved and issued by the company under certain circumstances. The usual rule is that coverage is effective upon the completion of three items: the application, the exam if required or the health questionnaire if exam is not required, and a check for at least the first month's premium. The application contains either a conditional receipt for temporary insurance (CR) or a temporary insurance agreement (TIA). Each life insurance company utilizes one or the other; more companies use the temporary life insurance agreement). There are specific terms in the TIA that must be complied with in order for the temporary insurance to be effective. It is possible for a claim to be paid by the insurance company if the applicant dies in the very short time frame between when he or she completed the application, provided the required health information, wrote a check for the first month's premium and satisfied the terms of the temporary insurance agreement but before the insurance company received these items. In this situation, the insurance company would review the claim and if all of the above items are satisfactory would pay the claim. Claims have been paid under these facts but note that the time frame between the applicant completing all the requirements and the insurance company receiving them would be very short, typically no more than a week or so. Unless all of these documents, along with the check, are in order the insurance company would not be liable for the claim.
Can you buy insurance if you are a criminal?
In my experience as a life insurance "field underwriter", one of the requirements for insurability has always been: an acceptable moral risk. An applicant who is considered to be a "criminal" would, by the very definition of criminal, fall outside of this requirement.
What is a good source for finding information on common auto insurance terms?
One can find out what common auto insurance terms mean by asking and auto insurance salesman or by looking them up in a dictionary. One would have better success by asking the salesman.
How would a person go about getting building and contents insurance?
Building and contents insurance is contained within property insurance. Those in need of it would go to an insurance agent like Liberty Mutual and have their assets and needs evaluated. Then, one would be given a cost and value for the desired coverage.
How do you find out If you have gap insurance?
By looking at any GAP Insurance Policy you purchased and looking at the dates to see if it is in effect. If you bought GAP Insurance, you would have been given a copy of the bogus GAP insurance Policy.
Would life insurance pay beneficiary if medical issues were not disclosed?
If you answered all questions on the life insurance application honestly, there should not be a problem. If however, some questions were not answered truthfully, and the medical issues not disclosed on the application led to the death of the insured, the life insurance company may dispute the claim, and not pay it. This situation may be considered a material misrepresentation. If information was not disclosed to the insurance company regarding a medical problem of the applicant, that would have caused the insurance company to decline the applicant for coverage, this would be considered a material misrepresentation of the facts. Depending on the medical issue not disclosed, and if it directly led to the insured's death or not, the insurance company may dispute payment, or deny coverage and return all premiums paid with interest, or pay the claim. It's always best to answer all questions truthfull when applying for life insurance.
