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Q: How much does Primerica pay in death claims?
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Did Primerica pay after 911?

Answer 1:As a Primerica representative, the answer is yes. Primerica has paid all life insurance claims to all victims of the September 11, 2001 attacks. You can talk to Primerica's Co-CEO John Addison if you don't believe me.


What companies pay their marketers the best?

primerica


If you have a life insurance policy with primerica do you have to worry about collecting on it someday?

if you have been making your payments on time you have absolutely nothing to worry about, primerica is a really strong company that pays over $2 million dollars a day in life insurance claims, primerica was one of the two companies that paid out all of their dead benefits on sept 11 when all other companies used the declaration of war clause not to pay out. so i wouldn't be worried about them not paying.


What percent of premiums does AFLAC pay out for claims?

Aflac pays 2X as much in claims as in administrative costs.


What Life Insurance companies have the most life policies in force?

Primerica Life Insurance Company has the most life policies in force. They also include, at no extra cost, all of the best policy riders most people would pay much more for. They claim to be the "main street company for middle income families". Oh, and what if all those policies had to be paid at the same time, can Primerica afford to pay all the beneficiaries? Primerica has so much money held back for that very reason, in fact nearly 3 times over that much. Now isn't that smart...


What test do primerica run for life insurance?

Each state has their own requirements Primerica just adheres to those. Check your state insurance regulations regarding what is required. Cool thing is they pay for you're license.


What is death strain?

This is a term for the financial obligation of the company to pay benefits that have come due. A "heavy" death strain means that an unusually large amount of claims have needed to be paid.


What is the pay out from wrongful death in a restaurant?

That would depend very much on the cause and type of death.


Will supplemental insurance pay for auto claims that medicare doesn't?

If you are speaking of automobile claims, Medicare and Medicare supplements are not related to automobile claims. Automobile insurance should pay the claims related to the vehicle, especially if you were injured. Medicare and Medicare supplements pay hospital and medical bills related to your healthcare.


How much in dollar figures and percentages of Cigna's annual gross revenue goes to paying claims and how much of it goes to paying salaries?

While I don't have the numbers for you, for the most part the money Cigna uses to pay claims is not from their revenue at all. Most employers maintain a bank account of their funds which Cigna uses to pay claims. This is referred to as A.S.O. (administrative services only) funding. Cigna's pocketbook is not impacted by the claims paid or denied for these accounts, which make up the vast majority of their claim volume. In fact, paying a claim is less costly than denying a claim, as no one calls the insurance company regarding the claims that have been paid, just the ones denied. So the more claims denied, the more customer service agents Cigna must pay for. The financial incentive is actually to pay claims rather than to deny.


Does auto insurance pay for accidents that were due to illegal activity?

No they do not pay for such claims.


How much would insurance cost if you were involved in a car accident that was your fault and both drivers have liability insurance?

How much will it COST? If you have a good record of several years without claims, your premiums may not increase, but if you are a new driver or have had prior claims the increase will be determined by your insurer and no one else can give you a definite answer. Or how much will it PAY? If it was your fault, your liability coverage will pay for the damage to the other driver's car and if you do not have collision coverage, you get to pay for your own repairs.