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What else can I help you with?
What do the limits of insurance mean?
The limit is the maximum amount of $$ the company will pay for each component arising out of a claim.
What does Coordination of Benefits mean?
We have coordination of benefits with Sunlife Assurance. What happens if I exceed my yearly limit of physiotherapy - does my spouse's insurance will pay for the amount above the limit and what is his limit then and if it will effect his yearly allowance or not. Also if he exceeds his limit, what happens then?
What does life insurance units mean?
An insurance policy that pays a monetary benefit to the insured person's survivors after death.
Can one person own the home and another purchase the homeowner's insurance?
If you mean can you pay for the other persons ( the owners ) insurance policy yes. If you mean can you insure it for yourself no.
What does disastrous mean?
Catastrophic; really, really bad.
What is a sentence for calastropic?
I think you mean catastrophic, which means causing a great deal of damage. The earthquake was catastrophic for the small village.
What does 100 300 insurance coverage mean?
They are talking about liability limits. A lot of companies write a "split" limit policy meaning there is a difference between the per person and total payout. i.e., in California the Minimum limits are $15,000 per person/$30,000 per accident. When they say 100/300, they mean $100,000 per person bodily injury/ $300,000 per accident bodily injury.
Should they charge extra tax insurance on anyone who is in the obese category?
i think there shouldn't because i mean there over there weight limit and they need extra insurance on them just in case of emergency health and stuff like that.
What does the term actuaries actually mean?
The term actuaries refers to a person who calculates the insurance risks and and premiums. They have to judge the risks regarding life insurance to work out the premiums they should give to that person or company.
What does principal driver on automobile insurance policy mean?
The principal driver is the person who drives the vehicle over 50% of the time. This is the main driver of the vehicle and the person who will be rated as the driver for computing the cost of the insurance.
What does the insurance term 'adjustment' mean?
The word "adjustment" when used in the context of insurance means:The monetary amount an insurance "adjuster" has determined is the appropriate payment to be made to an insured person for a claim that is covered under the insurance policy.
What does signed at state on insurance papers mean?
On insurance papers, signed at state simply means the person who is purchasing the insurance signed the legal document. These usually need to be signed in front of a notary.
