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What else can I help you with?
Can you reclaim PPI if the policyholder has died?
If is possible to reclaim PPI. Even if the policyholder has passed away.
When a policyholder moves into an area served by different bcbs corporation than the policyholder previously used the plan must?
cancel the policy
What is the policyholder name?
The policyholder name refers to the individual or entity that owns an insurance policy. This person or organization is responsible for paying the premiums and has the rights to the benefits outlined in the policy. The policyholder's name is typically listed on the insurance documents and is crucial for identifying who is covered under the policy.
What is a satellite IRON number?
A satellite IRON number refers to the target level of reserves that an insurance company needs to maintain to cover its policyholder obligations. It is used to assess the financial strength and stability of an insurance company. The higher the satellite IRON number, the better prepared the insurance company is to meet its policyholder obligations.
Can a claim be paid without contacting the policyholder?
Yes, a claim can sometimes be paid without directly contacting the policyholder, especially if the insurer has all the necessary information and documentation to process the claim. This may occur in straightforward cases where the claims process is automated or if the policyholder has provided prior consent for such actions. However, for more complex claims or those requiring additional information, insurers typically need to communicate with the policyholder.
What is the difference between a Proposer and a Policyholder?
A Proposer is an individual or entity that initiates the process of obtaining an insurance policy by submitting an application, while a Policyholder is the person or entity that actually owns the insurance policy after it has been issued. In some cases, the Proposer and Policyholder can be the same person, but they can also differ, especially when a third party is involved in the application process. Essentially, the Proposer is the applicant, and the Policyholder is the insured party responsible for the policy.
How do i find the excess reserves?
To find excess reserves, first determine a bank's total reserves, which includes both required reserves and any additional reserves held. Then, identify the required reserves, calculated as a percentage of the bank's deposits based on regulatory requirements. Subtract the required reserves from the total reserves; the remaining amount is the excess reserves. Formulaically, it can be expressed as: Excess Reserves = Total Reserves - Required Reserves.
Does homeowner insurance cover theft on other address?
Usually as long as A). The item stolen is owned by the policyholder, B). The item was not stolen on another property owned by the policyholder that does not have insurance.
Written authorization from policyholder for their insurance company?
Written authorization from a policyholder for their insurance company is a document that grants permission for the insurer to access specific information or take certain actions on behalf of the policyholder. This authorization is often required for processing claims, sharing personal data with third parties, or allowing agents to discuss policy details. It ensures that the policyholder's rights and privacy are respected while enabling efficient communication and service from the insurer.
What is a insurance payment made by the policyholder called?
An insurance payment made by the policyholder is called a premium. This payment is typically made on a regular basis, such as monthly or annually, in exchange for coverage provided by the insurance policy. The amount of the premium can vary based on factors like the type of insurance, coverage limits, and the policyholder's risk profile.
What is the difference between life insurance and annuity?
Life insurance provides a death benefit to beneficiaries when the policyholder passes away, while an annuity provides regular payments to the policyholder during their lifetime.
What are the estimated reserves?
Not sure if this is a math/ statistics question. Reserves are assets you hold, but are not using immediately. There are oil reserves, mineral reserves (like gold reserves) and cash reserves. I think you need to rephrase the question for a proper answer.
