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What else can I help you with?
What is the reasons for one to join insurance company?
I assume you mean the reason to purchase insurance. The reason is to spread the risk. For instance with life insurance, everyone will die, you just don't know when you will die. The insurane company takes a very large group of persons and by using the law of large numbers it can pretty much tell you when you will die on average. They also know how much they will pay out at your death by how much coverage you purchase. With auto insurance it is more difficult because they do not know how many times you will have accidents nor how much damage you will do when you have an accidents. But by using large numbers of people and averages they can again figure it out rather closely. Actually most of the time the insurance company looses money on the pure insurance but hopes to have a gain through investing the premiums paid to the company while they are holding it.
Can insurance cancel your insurance after they have taken payment?
An insurance company can cancel your coverage for any number of reasons, all of which would need to be laid out in the policy (contract) that you signed with them upfront. The most common reason that a company would cancel your insurance would be for nonpayment. Other than that, you are probably safe unless you lied about something on the application.
Why is a life insurance license important?
The only reason someone needs a life insurance license or certification is to be able to sell this type of insurance.
If you fall in your house does your insurance cover you?
It would depend on the reason for your fall, but most likely your insurance would not cover you for that.
Why do you have to let the insurance company know if you already have have a insurance policy with a different company?
The reason why life insurance companies ask about other life insurance coverage is to determine if you have a need for additional life insurance. The insurance companies do not want you to be overinsured.
What is the reason to purchase health insurance from a specifically Christian provider instead of a nondenominational company?
The reason why you should purchase health insurance from a specifically Christian provider instead of a nondenominational company because if you're a Christian, they can give you a nice discount.
Why do government contractors need DBA insurance?
There are many reasons a government contractor would be required to have DBA insurance. The most common reason one would have insurance is for legal protection.
When should you buy travel insurance?
If you are going to be taking an expensive trip, you should generally purchase your insurance at the time you make the deposit on your trip. Most travel insurance policies will not cover pre-existing medical conditions as a reason for cancelation, but many will waive that clause if you purchase within 14 to 21 days after deposit. So that you don't forget to purchase a week or two later and then miss out on this waiver, you should purchase the insurance at the same time as you book your trip.
What is the primary reason for employers to purchase insurance plans to provide health benefits to their employees?
To remain competitive with other employers for good employees.
Travel insurance will not pay out your wife had a slip disc in her back 12 months ago for this time shes had no problem with it in Spain it came out she was in hospital for 4 day now the insurance wil?
You can purchase travel insurance with "cancel for any reason" provision. You are eligible if you insure full trip cost, purchase your policy within 14 days of initial trip payment and able to travel at the time of purchase. These policies are available at Total Travel Insurance.
What is the Common reason why people file bankruptcy?
Career Changes
What is the reason to purchase Australian business insurance?
Australian business insurance is very helpful and useful in case of disaster. One may never know when a catastrophe may strike, and business insurance will help keep one's Australian business safe and protected.
Why people purchase medieval swords?
People collect medieval swords for a variety of reasons. One reason is for their uniqueness.
What is the primary reason employers purchase insurance plans to provide health coverage?
With spiraling medical costs, the employees without health insurance coverage will be in total jeopardy. As a result, they will absent from their duties frequently and their working strength will gradually reduce to a low ebb. Considering the above scenario, the employers deems it essential to purchase insurance plans for their employees' health coverage.
What is the opposite of the way animals or people react to things?
it is common or a reason
What is the most common reason people drink?
Most people drink because they find it enjoyable.
What is the reasons for one to join insurance company?
I assume you mean the reason to purchase insurance. The reason is to spread the risk. For instance with life insurance, everyone will die, you just don't know when you will die. The insurane company takes a very large group of persons and by using the law of large numbers it can pretty much tell you when you will die on average. They also know how much they will pay out at your death by how much coverage you purchase. With auto insurance it is more difficult because they do not know how many times you will have accidents nor how much damage you will do when you have an accidents. But by using large numbers of people and averages they can again figure it out rather closely. Actually most of the time the insurance company looses money on the pure insurance but hopes to have a gain through investing the premiums paid to the company while they are holding it.
