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What is it called when a bill is submitted to insurance company for payment?

The term usually used is a "claim".


What is the meaning of the term injuries claim?

An injury claim is when someone receives an injury and the claim is sent to an insurance company for compensation. If you are hurt at work, the claim would be submitted to worker's compensation. An automobile accident injury would be submitted to the auto insurance company.


What does insurance form mean?

Insurance form means the proposal form to be filled and submitted by the applicant to the insurance company which may accept the proposal to insure the applicant.


You own your home you stopped paying for home insurance. will i have problem restablishing a home insurance?

If your previous home insurance policy was cancelled for non-payment, the company you were insured with may choose not to reinstate the policy depending on your history with the company. While this company does not have to reinstate your policy, you will be able to bind insurance with another provider. If this company asks if you have been cancelled previously for non-payment, answer honestly. This will not disqualify you for obtaining insurance, however it may disqualify you from receiving a continuous coverage discount if they offer it.


What happens if a claim is submitted after the filing limit and the member is not liable?

If a claim is submitted after the filing limit and the member is not liable, the claim may be denied by the insurance company due to the late submission. This means that the insurance company may not cover the expenses or damages associated with the claim.


How long pay insurance premium to Insurance Company after truck accident?

You will continue to pay insurance premium to renew the policy,irrespective of the claim to be submitted after truck accident.


What is a life insurance policy dividend?

It's a payment made to the policy owner by the mutual insurance company when there is a profit. The policyholders are the owners of a mutual life insurance company and they share in the profits by receiving dividend payments from the insurance company.


What is C8 in workers comp?

It is a case registered by an insurance company with the WC board when they dis agree with the claim submitted


What is a Bill submitted to insurance company for payment?

A bill submitted to an insurance company for payment is typically referred to as a claim. This document outlines the services provided, associated costs, and relevant patient information, allowing the insurance provider to evaluate the claim against the policy terms. Once processed, the insurance company determines the amount they will cover and communicates this to both the healthcare provider and the patient. If approved, the payment is then made to the healthcare provider, often covering a portion of the total bill.


What type of insurance contract requires a lump some or periodic payment in exchange for receiving periodic payments from the insurance company?

That could be an annuity, or a permanent life insurance policy.


How does medical billing and coding work?

Medical billing and coding is a process used to submit claims to an insurance company. First a claim must be submitted and then the claim is approved or rejected by the insurance company. If the claim is approved, a payment is sent out.


What is the difference between filed and unfiled commercial property floaters?

Filed forms have been reviewed and approved for use by a state Insurance Department for sale by the insurance company that submitted it for approval. Unfiled forms are floaters an insurance company markets to customers which are subject to later review by a state Insurance Department, if necessary.