I think that it is actually illegal to obtain two different insurance policies on one business. This is because if something happened you could collect from two companies.
Most likely you have a package policy. These package policies tend to have additional structures coverage already included.
The Direct and Corporate Agents who sell life insurance policies on behalf of the Insurance Companies are paid a certain percentage of commission(quantum already settled before) on the premium amount. In the case of single premium policies, commission is paid once and at a lower rate, whereas in conventional policies the commission is paid on premiums paid on every mode and at a bit higher rate.
MBF is itself a health insurance company, so it would be best to use a third-party service to compare health insurance offered by a wide variety of companies. MBF will compare their different policies for you, if you have already decided to buy insurance from them.
I guess it depends on insurance companies in your country. In UK there are just 2 companies that offer this service if you're already overseas.
The reason why life insurance companies ask about other life insurance coverage is to determine if you have a need for additional life insurance. The insurance companies do not want you to be overinsured.
Try this site where you can compare quotes from different companies: insureinfo.us
BK will not affect any insurance policies that are already in effect.
Most, if not all insurance companies checked your driving record so they know already.
There are a number of specialist insurance companies that offer bespoke policies for home based business such as Home Protect, Home Business Insurance, Simply Business, Adrian Flux and Towergate Insurance, but many of the larger general insurance companies can also provide cover. The AA, Direct Line and Swinton Commercial all have provision for home based business insurance, if you have home insurance already it is worth contacting your existing company and asking if they will do a combined policy. Do comparison checks on price, cover and personal liability before signing anything.
"Some companies that offer good vehicle breakdown insurance are: All State, metlife, geico, and GEM. These companies you may have already heard of and the reason for it is they have the best rates around."
If you already have auto insurance on another vehicle, most insurance companies will cover you up to a month while you work on insuring the new vehicle. On the other hand, if you do not already have auto insurance, you had best not be driving the new vehicle until you get insurance. If auto insurance companies find that you've been driving without insurance they will raise your rates when you DO get around to it, and they'll put you into a high-risk group.
Under insurance is the situation where your insurance coverage is less than what is required to cover any loss you would incur. Insurance companies do random checks and base any quotes on the market averages to try to avoid the occurrence of under insurance.