for our life if any accedents occur.or to our family after our death
what are Valued policy property policy
no
yes but it mite not be
Yes, North Carolina is considered a valued policy state. In a valued policy state, the insurance company is not required to pay the full coverage amount if there is a partial loss, but rather the policyholder is only covered up to the amount stated in the policy. This type of policy is common in states like North Carolina to help prevent insurance fraud.
yes!
In 1979.
For information about endowment policy sales in the UK, a website such as Policy Sales Direct may be helpful. The website offers an area to have a policy valued, and a helpful FAQ.
no course not
Yes. As long as it is valued correctly and bought at the correct purchase price.
Yes,, that can Happen but it depends on what kind of policy you bought. If you purchased a "RC" replacment coverage policy then it will pay to replace all the carpet that is damaged from a covered loss.If you bought the cheaper "ACV" actual cash valued policy then it will only pay the depreciated value of the damaged carpet. This may make it seem that they are only paying for part of it if the replacement cost is higher than the depreciated value.
Whichever company wrote the policy should have a copy of it.
If you have a policy with this company and you know the state that the policy was taken out in. I might be able to help you find out who bought this company out. Please email me at Helthyliving@aol.com Michael