Insurance Questions and Answers

What is the relationship between insurance industry and Indian economy?




Answers: Indian economic growth is related to Indian financial system ,that means India's savings, investment and capital formation.Insurance is the one of the financial intermediary providing these three.Insurance penetration in the year 2007,4.1% from life insurance and 1.6 from non life insurance.

Ant information on the best type of home owners insurance?

I will be renting my home out also well i'm oversea's


Answers: Ants regularly invade when humans are not around. Damage by pests is excluded from most homeowner's insurance policies.
get landlord's insurance contained by the country where the property is

engineer sure it covers loss of rental income in both situations:
1. tenant does a runner going away rent unpaid
2. tenant is unable to occupy property due to spoil (eg a fire)

be careful on loss of rental as closely of insurers only cover one but not the other situation
as per my practice two policies are suiting to your need.
1. Home owners Insurance
2. Fire Insurance.
In this two policies home owners policy is above all used for insuring ur home and the items attached and non attached to home,this will cover replacement and repairs also.comparatively premium is also high because of the coverage of repairs.open-minded insurance is an all risk policy it will cover adjectives risk apart from exclusions.Only replacement is possible under fire insurance so premium is deeply less.so within case of you a standard fire policy is better because ur the house owner.U will bring back risk coverage for a less premium.
MOHAMMED SHIIBU,
PGDIRM,
OSMANIA UNIVERSITY

Does anyone know if condition insurance companies distribute anything to colleges to find out if enrol full time?

I was enrol in a college full time for the plummet semester and am on my fathers robustness insurance. I am going to another school subsequent september full time. would I still be able to hold on to my fathers insurance if I enroll bit time this semester or decide not to attend arts school because I changed my major and am going to attend an LPN arts school. Does the insurance company give a grace spell for the insurance?


Answers: The insurance company doesn't send anything directly to the college. Instead, its your responsibility to show the proof of full time enrollment.

If you don't provide the proof, they don't clear your medical claims.

If you decide not to enroll full time this semester, you'll inevitability to find another way to insure yourself. (Or do in need, but I wouldn't necessarily recommend that.)
You cannot go unpaid during the Fall or Spring semester or you will be cut off. Only the summer break is allowed.

All robustness insurance companies are different, when I was infantile I had to make available my parents a copy of my enrollment record to prove I be enrolled full time and they sent it to the insurance company every semester.

A daughter of a friend is taking alot of classes she doesn't even want, so she can stay enrolled full time...she wouldn't do it that passageway if it wasn't necessary.

Don't try to scam the insurance company...

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