0
Insurance is purchased for a specific period of time, which is usually a month, a quarter, or a year. When the time period is over, the insurance will lapse unless you renew it by paying for another period of time.
What else can I help you with?
What is the person that buys the insurance policy called?
The person that buys the insurance policy is referred to as the policy owner. This person is the only one that can make changes to the policy or cancel it. However, there may be more than one policy owner for the same insurance policy.
What is effective policy?
The date as shown in the Certificate of Insurance, when coverage under this policy commences.
What does ee mean in an insurance policy?
If it is health insurance quote. It means Each Employee
What is the price of the cheapest 10 year term insurance policy?
it varies on the company and the amount of insurance. with the annual 1000 $ or so the cheapest policy are available . they are most affordable which one can consider.
The face value of What type of insurance is reduced over the life of the policy?
The face value of a decreasing term life insurance policy is reduced over the life of the policy. This type of insurance is designed to provide a death benefit that decreases at a predetermined rate, often aligning with a decreasing financial obligation, such as a mortgage. As the insured amount declines, the premiums typically remain level throughout the policy term.
What is composite insurance policy?
It is a composite insurance policy(:
What is the executor on a life insurance policy?
The Policy Holder of a life insurance policy is the executor of the said policy.
How can you check your insurance policy at Nippon insurance?
call them and ask them to fax your insurance policy.
Can you drive a car which has no insurance policy but you have a insurance policy on another car?
Depends on the state and your insurance policy. call your local agent.
It is not important to have a life insurance policy.?
It is not important to have a life insurance policy.
Is the cheapest insurance a guarantee of the best insurance policy?
You really need to find a balance of cheap prices while insurance policy, the better insurance policy you get, the more expensive it gets. But the cheaper price the policy, the effectiveness of the policy will suffer.
What is a paid up insurance policy?
A paid up insurance policy is a life insurance policy under which all life insurance premiums have already been paid, with no further premium payments due on the policy.
What is standard fire policy?
A fire Insurance Policy is Fire Insurance for the covered property indicated on the policy.
Can you get a print out of your life insurance policy?
Yes, your agent or the insurance company can provide with a copy of your insurance policy.
What is Supplemental Insurance?
Supplemental insurance is an additional insurance which provides coverage in excess of your primary insurance policy. For example, Flood Insurance is a supplemental insurance to your homeowners policy which does not cover damage from floods. Or, you might have an Umbrella Liability policy which provides coverage to a higher dollar limit above your auto policy or business policy.
Does an insurance policy supersede a will in nc?
An insurance policy and a will are two separate things. The policy is a contract between the insured and the insurance company. The beneficiary of the insurance policy is spelled out in the contract. The insurance company will pay the insurance proceeds to whoever is listed to receive the proceeds. The proceeds from an insuranc policy can be paid into the estate of the deceased and disbursed according to the terms of the will. The issue is who is listed as being the beneficiary of the insurance policy.
Another word for terminating a insurance policy?
cancelling ur insurance policy
