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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.

2006-08-12 14:48:21
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Can a insurance company charge a change in policy fee every time you add or drop a vehicle?

If you change vehicles on your policy it will create a difference in insurance premium. You will receive a bill or a refund for the difference in the premium. There is no policy fee just the premium change.

How long will your existing auto insurance cover your new car?

Assuming you stay with the same insurance company, the existing policy will remain in effect. However, you must notify the company of the change in vehicle make, model, year. If there is a difference in premium, your policy amount may be prorated for the month in which you purchased the car, then the new policy amount is required.

What could be a result in receiving a discount on your insurance premium?

A. You pay less money for insurance coverage B. You are less likely to change insurance companies

Does AAA Insurance cover when you are dropped by existing insurance company?

I believe the will change your tirey and jump start you, call them for all else.

Should you and how do you change your insurance after marriage?

This depends on many factors, first of which what type of insurance are you talking about (Life, car, health, disability,rental, homeowners.....)?

Can I have my life insurance deducted from my paycheck pre-tax?

No. method of payment does not change the taxability of the premium.

Is there an age limit to purchasing single premium life insurance?

no clue ask someone else for a change

Can your boyfriend add you to his car insurance?

YES. A driver can add anyone to his insurance, provided the new insuree has a valid license. Although the premium will change

How do you became a beneficiary of your grandmothers existing life insurance polices?

The only way is to have your grandmother change her beneficiaries.

Is ADHD a pre-existing condition when it comes to Health Insurance?

If one was applying for health insurance and had to list existing conditions and ADHD had been diagnosed prior to the application it would be pre-existing. If it was diagnosed after the application and after the insurance is in place it would not be considered pre-existing, even if it did exist, so long as it had not been diagnosed by a doctor. Subject to change by someone that really knows!

Can a person put another person on their insurance?

If it is Life Insurance, you can select any person you want as beneficiary. If it is Health Insurance, you can add a spouse and/or dependents. This will change your premium so you need to contact your Insurance Company for forms and approval.

Insurance raise for a fender bender only minor scratches invoved Geico insurance?

Every company have their own rules regarding premium changes to their policy. You will need to either speak to your agent or the customer representative to find out why your premium change. In some case, you may be able to buy back the claim(essentially reimbursing the claim cost to the insurance company) and have the change removed.

Is the premium on a life insurance paid monthly?

Life insurance premiums can be paid in any manner you like just about. Insurance companies generally have payment plans to accommodate any ones desires. Monthly, quarterly, semiannually, annually, and also there are single premium payment policies whereby you pay with a lump sum payment one time. Life insurance carriers will also offer discounts for paying in advance. For instance, say you wish to pay the first 10 years in advance on a policy it may only cost you 8 years of premium instead of the full 10. You can also change the method of payment on an existing policy if you like.

Change of insurance due to jobs. When will my existing insurance expire.. end of the month... the next month?

Check with the Personnel Office of your previous employer.

If your spouse who is not the primary insurance carrier makes a change over the phone is there a waiting period before it goes into effect?

Not usually. The majority of insurance companies accept the change valid at the time of the request. Even if it changes the premium amount.

How to Look For Affordable Disability Insurance?

You would need to have extensive disability insurance if you want to be secure in the knowledge that you will be compensated should you suffer a disability or an injury. Any disability, whether it is temporary or permanent, is a hindrance in you being able to earn a steady source of income; it can also severely change the way of living you have been accustomed to. Finding the most affordable disability insurance with the best coverage is the best way to ensure that you and your loved ones will be taken care of should anything untoward happen to you.Step 1: Look at your current financial situation and what your income in the future is likely to look like. Your need for a comprehensive disability insurance coverage would be greater if you are the breadwinner, and you have a lot of people depending on your income.Step 2: Ask your employer if they can help you get an affordable disability insurance option; if this is not possible, you can consider being a member in a professional organization that offers great group disability insurance plans. It would be best to look for a group policy, as it would cost significantly lower than a single policy.Step 3: Check which factors would be considered in your eligibility for a disability insurance coverage. The most important factors that are being considered when setting the premium are annual income, occupation and age.Step 4: You might want to consider getting a disability insurance that has a short-term coverage, as this will generally cost less than one that is longer in length. Take into consideration your needs and the type of coverage you want if you are looking at a short-term policy.Step 5: Look into non-cancellable disability insurance policies, as the premiums will not get higher with the passing of time.Everyone wants to have affordable health care and insurance plans; the key to finding these policies is to exhaust all sources of information that you have - and to be patient while you are in the process of searching for the best disability insurance policy.

Does disability follow you from state to state?

Individual Disability insurance will follow you to various states, as long as you remain in the United States. It will also continue to follow you even if you change employers.Group coverage will also follow you across states, but will not continue if you change employers.

What is a Fully Insured?

In a traditional fully insured health plan, the company that you work for pays a premium. The premium rates are fixed annually and you pay a monthly premium rate depending on how many employees are enrolled in the plan. The monthly premium will only change during the year if the number of employees change. The insurance company collects the premiums from your employer and pays the claims based on the benefits in the policy that was purchased.

Can you change auto insurance companies in the middle of your policy dates?

You can always change insurance companies in the middle of your policy date. Doing so will also result in a refund of the reminder of your policy premium since many are paid in a pro-rated way.

What is an indexed life insurance policy?

if you have to paid indexation amount your cash value increase and amount,allocate and your indexation. but what is the differences between indexation or non indexation so simply answer indexation is not your fixed premium amount because the amount is fluctuation at your maturity you premium amount change your cash value change because non indexation is a fixed premium amount they can not be change design your plane after your maturity.

If you bumped into a friend's car and there was no damage but the police wrote you a ticket for careless driving what will happen with your insurance?

Depends on the kind of insurance you have. There are two types of insurance - mutual and standard. Mutual is a kind where your premium changes based on your claims. Tickets and other minor violations doesnt affect it much. On the other hand if you have a standard insurance, the premium might change for every violation reported as well as any claims.

How do you calculate premium in life insurance?

First, decide the amount of insurance that you need. Then you will find rates according if you are male or female. Rates can change according to your age, health habits, and if you are a smoker or not. Multiply your rate number by the number of thousands of insurance that you want.

Can anyone but the insured of a life insurance policy change the beneficary on a life insurance policy?

Yes, the policy owner can change the beneficiary. Sometimes, the person insured and the policy owner are not the same person, if someone else pays the premium for the insurance policy. For example, a parent or guardian taking an insurance policy on spouse or children. Some insurance policies are assigned to cover bank loans, and even if the insured may pay the premium, the bank can be assigned as the owner of the policy; in that case the bank decides who the beneficiary is going to be (usually in this scenario, the bank will also be the beneficiary).

Can you collect social security while out on short term disability at work?

It is possible, however it depends on the particular Short-Term Disability Insurance policy you have. Your disability benefits booklet should be available from the employer. Some group disability policies integrate with Social Security and if you qualify for Social Security benefits, your disability benefits will be decreased by the amount received from SSDI. Individual Disability Insurance plans can be taken and you have a choice of integration with Social Security (cheaper plans) on non-integrated plans which will pay 100% of benefit if you are disabled, regardless if you are receiving Social Security Disability. These individual plans are portable if you change your job.

How much does short term disability cost?

Depending on your state, gender, age, occupation - you can ask for a quote from a licensed insurance broker who can show comparison rates from different companies. See sample below:Male, age 35, non tobacco in Texas, occupation - Physical TherapistBenefit amount: $1,000 per monthBenefit period: 12 monthsPremium: $23.87 per month. Premiums do not change until retirement age (unlike health insurance rates, or car and home insurance which continuously change).Ask for a quote.