0
What else can I help you with?
Which insurance policy takes precedence if I have two insurances, one of which is primary?
If you have two insurance policies and one is designated as the primary policy, the primary insurance policy takes precedence over the secondary insurance policy in terms of coverage and payment.
Which insurance policy is considered primary if I have two policies?
If you have two insurance policies, the policy that is considered primary is typically the one that pays benefits first before the secondary policy.
How are primary and secondary insurance determined?
It is usually written in an insurance policy if the policy is primary or secondary. If both policies have language that makes them secondary if other insurance is present then they may split the amount owed. State laws may change this.
What is life Assurance policy as a security?
You can get loan by mortgaging your life insurance policy as security or lien from bank or financial institution. The policy has to be assigned in their favor. Once you repay the loan with interest, the policy will reassigned in your favor.
Life Insurance Policy?
form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_
Can I have two primary beneficiaries for my insurance policy?
Yes, you can have two primary beneficiaries for your insurance policy.
Which insurance policy takes precedence if I have two insurances, one of which is primary?
If you have two insurance policies and one is designated as the primary policy, the primary insurance policy takes precedence over the secondary insurance policy in terms of coverage and payment.
Which insurance policy is considered primary if I have two policies?
If you have two insurance policies, the policy that is considered primary is typically the one that pays benefits first before the secondary policy.
If you and a spouse have different health insurance but have never designated one as primary or secondary could this cause problems when you do designate primary or secondary?
If you have insurance through your employer, and you are the policy holder,(the insurance is in your name) this insurance will be primary for you, and your spouses insurance policy will be secondary. The insurance policy thru your spouse's employer, (your spouse is the policy holder, or the insurance is in their name), this would be primary for your spouse, and your policy would be their secondary. Here's the phamplet from Medicare http://www.medicare.gov/Publications/Pubs/pdf/02179.pdf
Do you have to be added to your parents insurance policy if you are primary driver of one of their vehicles and you have insurance policy of your own?
yes, simple as that.
What are types of beneficiaries of an insurance policy?
Primary and Secondary
Which of types of beneficiaries in an insurance policy?
primary and secondary
Person is 26 years old and on her parent's medical insurance but has also taken out her own individual medical policy Which is primary insurance?
The individual policy is always primary.
Which insurance policy is never primary when the insured has more than one policy?
Medicare
Your daughter has insurance where she works but wants to use your insurance as her primary Can she do this?
If your daughter is listed on your insurance policy and a premium is being collected for her, then she can use your insurance. If not, she will need to use her insurance policy at work.
How do you get medicare as your primary insurance if you have horizons select as your primary you want to change?
You cannot decide which insurance is primary and which is secondary. Their is nothing you can do to determine this. Within each policy it specifies when each policy is primary or secondary. With Medicare, it is always going to be secondary to insurance provided by an employer or retirement plan.
During the year your wife had insurance and later in the year you got insurance as well who would be primary?
Till such time that you got your own insurance, your wife's policy will cover you as her dependant. But now that you have your own policy, yours will be the primary.
