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What else can I help you with?
Who benefits from a mortgage insurance claim?
The real beneficiary from a mortgage insurance claim is ultimately the insurance company that provided you with the mortgage insurance in the first place.
What happens if you don't respond to an insurance claim?
If you don't respond to an insurance claim, the insurance company may deny the claim or delay the processing of the claim, which could result in a loss of coverage or benefits for the policyholder. It is important to respond promptly to insurance claims to ensure a timely resolution.
Why did the doctor not file the insurance claim?
The doctor did not file the insurance claim because the patient's insurance policy did not cover the specific treatment or service provided.
What is the difference between a rejected claim and a denied claim in the context of insurance coverage?
A rejected claim is when the insurance company determines that the claim does not meet the policy requirements from the start, so it is not processed at all. A denied claim is when the insurance company processes the claim but decides not to pay for it, usually due to not meeting specific coverage criteria.
Is it illegal to keep insurance claim money?
Yes, it is illegal to keep insurance claim money that is not rightfully yours. It is important to use the money for its intended purpose, such as repairing damages or covering expenses related to the insurance claim.
After a claim can you still use your insurance policy?
An insurance policy should still remain valid for the remaining term following a claim providing that the claim is such that it does not require the insurer to cancel the policy. You should check with your insurer.
How do you account for health insurance liability?
In your Income and Expenditure Account, show the Health Insurance premium paid by you as expenses and claim income tax rebate as permissible in Income Tax Act of your country.
What is net claim remaining?
Net claim remaining refers to the amount of a claim that is still outstanding after accounting for any payments or adjustments made by an insurer. It represents the remaining liability that the insurance company has to settle with the policyholder or claimant. This figure is important for assessing the insurer's financial obligations and the claimant's potential recovery.
If a retired married couple have Medicare AB as primary and also each retain the insurance from separate past employers can remaining bills be turned in as a 3rd insurance to spouse's plan?
AnswerSounds like that would work to me. Medicare and Social Securities Site - where you can ask the question directly. http://www.medicare.gov/ContactUs.asp IMHO I would just turn in the claim and see what your spouses insurance does with the claim. Just be honest when filling out the forms.AnswerAbsolutely, this is called tertiary.
What do you pay out-of-pocket on an automobile or property insurance claim?
When you file an automobile or property insurance claim, you typically pay a deductible, which is the amount you're responsible for before your insurance coverage kicks in. For example, if you have a $500 deductible and your claim amounts to $2,000, you'll pay the first $500, and the insurance company will cover the remaining $1,500. Additional out-of-pocket costs may arise if the claim exceeds your coverage limits or if there are any specific exclusions in your policy. It's important to review your policy terms to understand your financial responsibilities during a claim.
If the primary insurance allows more than the secondary insurance what would the secondary insurance pay?
Secondary insurance will not pay the claim but the remaining charges should not be billed to the member/patient. Provider of service should write off the patient responsibility that primary insurance applied.
Can a driver with no insurance clain of your insurance?
Sorry, the driver with no insurance can claim of your insurance. He/she has no legal right to lodge such unauthorised claim.
Can you sell your vehicle with an insurance claim pending?
Selling your car with insurance claim pending, will simply null and void your insurance claim. Because your damaged car can be subjected to inspection by the Assessor of the Insurance Co. for assessment of the insurance claim any time.
What effect does a claim has on insurance company?
A claim is a liability on part of the insurance company. If a customer makes a claim it means that the insurance company has to pay the customer for the amount is eligible to claim and hence it is a expenditure on the balance sheets of the insurance company.
How can one file a claim with Affirmative Insurance?
One can file a claim with Affirmative Insurance by going on the official Affirmative Insurance website. Then one can press the button 'Submit A Claim' to file a claim.
Do you have to pay the excess for a claim against your car insurance?
Your insurance co will cover damages up to the policy limit. If there is excess, you may be suit in civil court for the remaining amount. Once a judgment against you is obtained, you have to pay it.
How much do insurance rates increase after claim?
How much increase auto insurance after claim
