What could be done to give support to us work out the insurance industry?
Question:
How could our government serve us understand how to compare insurance coverages so that we could intelligently pick the option we needed at a reasonable price?
Answer:
Try http://www.fool.com/insurancecenter/basi...
I hope it help! I have used this site surrounded by the past, and it does provided key information in a nice agency.
Why do you need the GOVERNMENT to do that? Anything anyone else give you is always going to be an OPINION.
You involve to READ THE POLICIES. Read policies, ask for definitions of vocabulary, and make charts comparing & contrasting coverages. That's the ONLY agency to do it.
Each state has a Board of Insurance. On their websites, they hold the basic facts and law for each state to aid you understand as much as possible.
The establishment serves a regulator. You can find consumer info on your state's dept. of insurance web site. However, you can phone up any agent and get comparisons and explanations almost coverages and exclusions. Some people are a moment ago plain lazy.
The management should not be helping people to recognize their policies. The only road to understand is to ask your agent to stir thru it and explain. Write down questions and phone your agent up for a review. So many those feel that if they review their insurance that the premium will be in motion up. I had someone just this minute that did not tell me more or less a potential discount. They walked out of here after the review knowing more roughly speaking their insurance and it saved them over 600.00 per year.
All insurance is base on a principle call?
Question:
A. premium earnings.
B. investment premiums.
C. division of risk.
D. brass value coverage
Answer:
Division of Risk. And it's so BLATANTLY OBVIOUS that you any need to build your vocabulary, or read the book.
You should not be asking question to your exam right now. Yoou own several exam type questions self posted right now. That is call cheating! I hope this is not how your very short art will go!
*********
I newly got an email from luisa s here, cussing me out because, I exposed her! LOL
She have a bunch of these questions posted out here trying to attain answers to her test! Even have them posted as a different user. What a sad mediocre waste. You are perceptibly not qualified to sit for this test! Very poor language rules and spelling, by the way!
If you do not know the answer to this or the other put somebody through the mill on your exam, you are very unprepared. Also, what nature of agent will you be if you are willing to cheat?
i hope to god you do not become an agent! i consistency bad if you do for any of your adjectives clients.
Division of Risk - As insurance companies will generate income via premiums that would be used to cover expenses, profits and losses that should occur within a claim. When a claim does come in it affects premiums for adjectives
Rialto, ca. 11-06-06 fire tv station coverage on dash?
Question:
Answer:
You can't get broadcast coverage online - the underwrite requirements for it are pretty strict.
Why should we pay packet home owners insurance if they don't enjoy to settle the claims.?
Question:
Answer:
You're right, you should go completely uninsured. It have the following advantages:
1. Cheaper for you
2. You don't have to be tempt to put in fraudulent claims
3. No more hassle from the adjuster when they tell you that you're not covered for a claim
4. You don't hold to worry just about arson charges if you burn down your house
5. If there's a catastrophe that wipe out all your posessions, you can in recent times whine and stick your hand out for welfare approaching all the other moochers do.
they do hold to settle claims, as long as the claim is a covered loss.
If you don't have flood insurance.. they don't
If you have a ring, or a gun, or a fur coat stolen and it was more than $2500. and you didn't hold it scheduled.. adjectives you will get is 2500. Some companies hold a higher fixed goal, but that is the norm.. lately an example.
If you feel you hold a valid claim and you are not getting cooperation from your adjuster, don't go through your agent.. be paid sure your agent has file a claim and gives you the identify and number of the claims office (adjuster), later go to the regional mgr of claims... after the Insurance commissioner.. be sure to read your policy.. most important, ask THEM to SHOW you where on earth you DONT have coverage contained by your policy, in writing.. produce them point it out to you in the policy that they mail to you.
How about instead of complaining you in actual fact educate yourself nearly what your policy covers. Read the policy or talk to your agent, moaner!
Give us some details. Is this a claim for something that is covered lower than your homeowners policy? Or is it something you THINK should be covered under the homeowners policy? What wasn't covered?
how do I get hold of ca release diary? Is in attendance an online picking?
Question:
Answer:
try here
http://www.death-records.net/ssdi.htm...
You'll need to do a check out of the vital collection. I'd start here:
http://www.dhs.ca.gov/hisp/chs/ovr/order...
You'll get quicker service if you know the county of release. If you do, go here to contact their county organization:
http://www.dhs.ca.gov/hisp/chs/ovr/local...
Go here
http://www.deathindexes.com/california/...
You need to budge to city hall, plague out a form there, and request a copy of the demise certificate. Although you can print and stuff the form out online, http://www.dhs.ca.gov/publications/forms... here, you will have to post it with the charge, or bring it with the payment, to the local office.
Search for american enthusiasm and misfortune insurance co. of kentucky?
Question:
formerly at american life bldg., louisville, Ky.
Answer:
American Life and Accident Ins Co of KY
A.M.Best #: 06077 NAIC #: 60666 FEIN #: 610118430
Address: 3 Riverfront Plaza, 471 W. Main Street
Louisville, KY 40202
Phone: 502-585-5347
Best's Ratings
Financial Strength Ratings View Definitions
Rating: NR-5 (Not Formally Followed)
How does Third Party Reimbursement affect Athletic Trainers?
Question:
Answer:
Depends on how it's applied!! And who's policy it is, and what the loss details are . ..
In general, for ANY reimbursement policy, the paying jamboree is out of pocket first, and then the insurance company REIMBURSES them. So paying direct is better than mortal reimbursed.
Excuse me? What does one have to do near the other?
I enjoy a ring planned on my Home Owners Insurance which I lost.?
Question:
If I file a claim to hold it replaced. Will there be any repercussions by file a claim? Loss of Home Owners Insurance, penalties, etc?
Answer:
All companies are different, but one claim usually does not denote any changes to your homeowners policy (as long as nearby was not an iota real negligence on your part). If you enjoy been claim free near your company for 3 or more years, you are probably OK. If you are new to the company (one year or less) it is possible they could non-renew or metamorphose your tier, I have see that happen. If you are topical to the company but have a history near the agent (Independent agent that just changed your policy), they can customarily fight for you to preserve the policy as is. Also, if you file a claim, the maximum you can seize is the amount listed (even if it costs more to replace the ring) and it is possible that you can be rewarded less if the company can find a replacement at a lower cost (which they may be capable of because they have access to wholesalers that you may not). Hope this help.
Talk to your insurance agent. Does your policy cover "lost" items? That would be good to know. If your policy does cover it, you'll probably own to pay a deductible. Good luck.
No loss of home owners insurance, but in that may be penalties. Call your agent. Thats what they are remunerated for. Worse case you don't database the claim, but make them do here job and enjoy them look it up for you. They can't make you report a claim if you call and ask.
Only the underwrite department can answer that question. If you've have a number of questionable losses, they might overthrow you. Usually, however, making a claim for the loss won't cancel your insurance. Why else would you insure the ring against loss if you don't intend to sort a claim?
Unless this was a programmed piece of jewelry, its probably not covered. The best option is to beckon your agent and ask if its covered and what effects a claim will have on your premium.
Well, you'll lose a loss-free discount, if you enjoy any, and depending on the carrier/state, you might be "downrated" to a more expensive tier, but it is more than likely worth it to wallet the claim.
Legal cross-question.?
Question:
My mother wants to put adjectives her cds in the woodman of the world. I am worried that they are trying to give somebody a lift advantage of her. They told her to put adjectives of her money in an insurance policy. Does any one know of the Woodman of The World?
Answer:
This isn't a scam. But, it is an weird group (Woodman of the World [WOW]). I don't know a lot in the region of them but they are one of several small "fraternal" organizations that bind together to form a adjectives financial base for adjectives the members. International Order of Foresters (IOF) is another one. They put on the market financial contracts primarily to their members, but their agents can supply outside the group, as far as I know. With some of these organizations, you donate them all of your worldly wealth, including actual estate, and they promise to take prudence of you forever. When you die, they keep your assets for the adjectives good of the group. You hold to really want safety and guarantee over everything else in energy to join up.
Never put "adjectives your eggs in one picnic basket." That advice sounds outrageous to me and most potential reaching the pockets of a greedy broker. Only connection I know of is beside Mutual of Omaha.
For a reputable firm, contact Smith Barney which provides brokerage, investment banking and asset supervision to corporations, governments and individuals.
http://www.smithbarney.com/
adjectives life insurance policies..which i'm assuming you're chitchat about..beside woodmen of the world, or any other company, is a waste of money...much better returns contained by mutual funds, etc etc
No legitimate investment company would suggest putting adjectives your eggs in one picnic basket, no matter your age.
To convert disc (Certificates of Deposit, ie cash) into insurance is just ridiculous. Have your mom check and see what would ensue if she needs her money for something, similar to a roof or car. I would bet that they will any lie to her, "you can obtain it anytime" but not provide the steps needed, or just confer over her and ignore the query.
I have no experience beside Woodman of the World, but I am sure your state has a division that deal with insurance license. Call them and get info. If the company is not licensed to do business surrounded by your state, that would be a huge red flag.
Good for you for looking out for your mom. Have her go yak to a real advisor, approaching Morgan Stanley. Their consultations are free and although they will try to steer her into buying their securities, they will still give her broad information short taking her money.
Better yet, in attendance are estate attorneys who will sit down with her and look at adjectives her investments and explain the best ways for her to utilize her assets and protect her money for her future uses.
Ya know, I would NEVER put adjectives my eggs in one picnic basket.
An insurance policy is NOT a good investment, EVER. Woodman of the World is NOT an insurance company - I only just checked on www.ambest.com to find a rating for it.
So, I think it's a scam, and she's going to get hold of raked over the coals. The sale guy is probably going to take 30% of her $$ sour the top, in commisssion. I'd DEFINATELY ask for a commission disclosure, IN WRITING, prior to doing anything - and RUN AWAY from this guy.
Workers Comp responsibility?
Question:
I worked for a doctor for 3 years where I developed carpel tunnel. I reported it to my supervisor who later bought me supports and a argonomic keyboard and trappings but never filed a claim near workers comp.The only treatment I received from my PCP be advice on spasm medications during those 3 years. I presently work for another doctor and had highly severe symptoms one evening. I reported it to my new supervisor who reported it to workers comp. The insurance company told me that treatment very soon won't be approved because my previous employer never filed a claim.
Am I going to enjoy to end up using my personal robustness insurance for my claims? Should I do something about my previous employer not file a claim?
Answer:
How did that PCP get compensated? It SHOULD have be billed to the workers comp carrier!!
Have the untried insurance company deny the claim in writing. Because the prior employer never file a claim, they're in ruin of the State Department of Labor - so put in a complaint beside them. And I almost never say this . . .but I give attention to you're going to need to rob the written declaration, a copy of the PCP transcription that you told him it was work related, and walk sit down with a advocate.
See a worker's compensation attorney. You usually have two years to report after the date of last treatment.
It is also possible to wallet a worker's comp claim against the new employer for aggravating a pre-existing injury.
Hello - your employer have no decision-making authority roughly speaking whether your workers' compensation claim will be accepted. If you experience lost time from work, the amount and duration of your workers' compensation payments are determined by individual state law. Workers' compensation laws and regulations ebb and flow from state to state.
Workers comp, if approved, will pay for your medical bills but most potential you will still have to use any STD or LTD funds that you enjoy through your employer.
Keep in mind that carpel tunnel is usually not approved by work comp, it falls into a similar situation as nightmare. Yes staring at a computer can weaken your eyesight as typing may lead to carpel tunnel. 100% proven = No , ... technically an "on the job" injury - nope
To answer your questions ---
If you did not desire continuos treatment for carpel tunnel then check your insurance plan near you current employer and see if there is a pre-excisting clause. If so see if it applies to your treatment date. If so, there is your loop hole. If not contact your state WCB department but likelihood are you will have to use your personal condition insurance.
There is really nothing you can do just about your previous employer not filing a claim. It was/is your responsibilities to follow up beside a case worker anytime workman comp or short/long troop or FMLA claims have be submitted.
Was it a small company you were working for? Not adjectives employers own to have Workers Comp. Check your state but I know here contained by Louisiana if you have smaller number than 50 employees later you do not have to take Workers Comp. That may be the reason. Your condition insurance may have to settle up because it is very knotty to prove Carpral Tunnel is work related. Good Luck.
How do you start a home base auto insurance? Example making quotes, issuing insurance and taking payments.?
Question:
Answer:
Insurance involves licensing and specifically regulated by each individual state.
It sounds resembling you want to try and be an insurance "broker" vs. "agent". Broker sells for abundant companies, agents sell for one.
The insurance company is the in actual fact holds the licenses. To my acquaintance an individual cannot just throw up a sign and become an agent. If you truly are interested contact some of your local insurance companies and ask them in the order of a job their first.
Then after you become licensed, and gain experience you could attempt to do it on your own, if your state allows it.
First you own to be an agent for a company.
You need to investigate your state law on insurance agents. Some state require certification.
Will you be selling a hard to please company's insurance? If so then I assume they hold certain guidelines you stipulation to follow.
If you're talking nearly you providing insurance - starting your own company - then you will probably have need of to be bonded and meet your state's requirements.
Well first of adjectives, you have to become a licensed insurance agent. Some agengies will hire you up front , consequently they will sponser you to get your license. I reckon ameriplan financial services will do it for you. Check your local yellow page.
That would be, an agency. First you have to get hold of licensed to sell insurance contained by your locale. THEN you have to find a company liable to let you provide their insurance.
If you have no experience, you'll probably hold to go to Met LIfe, or State FArm, or Farmers, or another direct writer to find hired on.
I have a successful home-based condition benefits company, and absolutely love what I do. Email me at agray883@ameriplan.lattice, and I can give you some info roughly how to get started on a impressively limited budget. My company is incredibly successful and is a member of the BBB.
Another annuity give somebody the third degree, can you please comfort? Thanks! (19)?
Question:
Jack and Jill have an annuity that covers them both. As long as Jack lives, they will receive 100% payments. After Jack's disappearance, Jill will receive 75% of the payment amount. This gentle of annuity is a:
a. joint-and-survivor annuity.
b. single life annuity.
c. integrated life annuity.
d. double annuity.
Answer:
are you surrounded by the middle of taking your exam? You have several of these question out here!
B. Single life annuity
a. mutual (jack +jill) survivor (jill) annuity.
Answer is: a
A.) Joint & Survivor Annuity
The joint natural life annuity would pay out a full 100% to survivor. A single go would only money beneficiaries. A double annuity is basically two annuity contracts contained by one.
When applying for individual vigour insurance - can we apply to more than one insurance company?
Question:
Answer:
Absolutely! But I don't know why you would do that -- instead, just achieve quotes from more than one insurer, and compare rates. Then, pick your best deal.
However, if you are worried going on for being turned down for coverage, you can absolutely apply to more than one company.
Also, keep contained by mind that you can't get more than 100% of any medical bill rewarded for -- so if more than one insurance company provides you with insurance, it's not an positive aspect. At best you can get a second insurer to cover you for the difference departed from a primary insurer, and that's it.
Individual rates are pretty straight forward. Just get them to dispatch you over the rates and just compare the rates. Picking a holder will be up to you. You need to find out what see your doctors are in and consequently pick the plan that works with them.
Absolutely - and you should, to obtain several quotes to choose from.
HOwever, if you're going through a broker, and the broker is applying to multiple companies on your behalf . . you need to convey him if you use multiple brokers. A company is only going to donate a quote to the first broker who submits an application.
You can apply for insurance with more than one form insurance company. Whether you want the insurance or not, you will have to speech with someone from the insurance company in the past you are committed to the plan. However, instead of relying on the lowest rates as an above answerer advised, you might want to instead consider what the cost of a condition plan actually might be – sometimes the plans near the lowest rates are not the least expensive. Moreover, one of the standard ways vigour plans keep their prices low is by restricting who you can see and what kind of procedures you can undergo beneath the plan.
I’ve included links below to two articles about how to shop for form insurance. I’ve also included a link to US News&World Reports Best Health Plans. These might provide a well brought-up starting point as you navigate through individual health plans available surrounded by your area.
After you settle on on what you can afford, what kind of plan you want (HMO, PPO, fee-for-service), and which companies you’d approaching to with (your policy is merely as solid as the financial strength of the insurer), then compare prices online at a site close to MostChoice.com. You can review multiple local plans and speak to more than once state-licensed health insurance agent surrounded by your area. There’s no prerequisite; you just transmit the agents what you want and wait until one of them returns next to the health plan that provides the height of coverage you’re looking for at a reasonable price.
You can find MostChoice here:
http://www.mostchoice.com/health-insuran...
Hope this help,
Barnes@MostChoice
Absolutely. I suggest using an independent agent that represents many companies if this is the route you want to jump.
To determine the estate due consequences, which one is it? (17)?
Question:
To determine the estate tax consequences, adjectives of the following require an examination of who compensated the premiums EXCEPT?
a. a life insurance policy.
b. an annuity whose owner have died after the annuity starting date, and under which survivor benefits are payable surrounded by a series of payments.
c. an annuity whose owner has died after the annuity starting date, and beneath which survivor benefits are payable in a lump sum.
d. an annuity whose owner have died before the annuity starting date.
Answer:
OH BOY! Where did you come up beside these answers? 0-for-3
YAHOO LADY, what test are you studying for?
Study harder and you will know the answers.
C.
I'm thinking A, it make the most sense to me, but I'm not entirely versed on the intricacies of tax codes, so its an literary guess.
should you be asking these questions surrounded by the middle of the exam?
Can a live-in relative, not covered underneath a homeowners policy, pinch out a claim for saloon destroy from the house?
Question:
I live at my parent's house. My car be parked in their garage. A sewage drain(old house) busted and sent "stuff" over my vehicle. It took the paint off the vehicle. If my parents are going to file a claim, will it situation that I live in the house? Will they deny it because of that? I am not on the policy, so even though I'm related, I am rightfully like an outside entity.
Anyone have second advice on this issue? My parents don't want to pay envelope and I don't want a car next to diminished value. Thanks
Answer:
Let me try to break this down into deep terminology. There are 2 aspects of a homeowners policy that you could want coverage from.
The first part is a first carnival claim. That means you are claiming wrong as an insured. An example of this would be recovery of an insured personal belongings after a break-in in a house or break to a roof after tree fell on it. Your personal belongings and house would be covered under this.
The other aspect is a third gathering claim. This would be a claim against the insured (your parents) for their negligence or liability. An example would be an invited visitor slips and falls contained by their house on a torn carpeted stair. Your parents would be liable for not up keeping the carpet and that`s why the injured person would be entitled to a third get-together claim for his injury.
So the question is where on earth would your claim fall, if at adjectives? Most policies are going to consider you an insured under the homeowners policy since you are a blood relative and a resident of the home. I would have a sneaking suspicion that you would be covered under the homeowners policy as an insured which scheme you can not make a third carnival claim. You cannot make a third body claim because as an insured you cannot pursue a claim against yourself. For example - if I fall at my home I cannot sue my husband, as we are both insureds. Taking it a step further if you be not to be considered an insured I would ask what did your parents do wrong, what would make them liable? In writ for 3rd party coverage to wages out your parents had to do something wrong. They have to know the drains were going to break.
So since third knees-up is out that leaves a first party claim, which you would not be eligible for because cars are specifically excluded from first celebration coverage.
The coverage you need to report a claim under is your comprehensive auto. I hope that make sense.
No, you have a legal claim and they will not deny it.
Even if I was parked here the insurance would cover my car within that situation.
it does not matter who you are contained by relation to the homeowner, if your car be damaged due to the home, it should be covered
If you live surrounded by the house, your personal belongings are covered. Even if you were purely visiting, and something similar to this happened, the homeowner's policy should cover you below the liability portion. You should also investigate if your own car insurance policy might cover some of this blight. (it might be called "comprehensive coverage")
Please whip this seriouslyDO NOT FILE A CLAIM. Whether this seems neutral or not (it's not!), after filing a claim of any size through your or your parents homeowners insurance, they will feasible be subsequently dropped from the policy. It may be difficult if not impossible to gain coverage elsewhere. This is independent of having upright credit, a good track copy with the company, etc. You hold homeowners insurance for big things like fires, etc. Do not use it for this as the financial consequences are VERY potential to outweight your compensation from filing (if you are even competent to file a claim). Good luck!
No, but you can folder a claim through your auto insurance company for repairs.
Normally damage to a vehicle i.e. not the result of a collision is covered under the comprehensive coverage on the auto insurance. That would include things similar to vandalism, blowing out a tire on a pothole, a tree falling on your car, lay waste to from hailstones, etc.
Probably the only instrument this gets covered underneath your parents' homeowners insurance is if you sue them for negligence that lead to the destroy to your car and win your casing. Then their liability coverage on the house might pay.
If you are driving a motor without collison and comprehensive coverage you are assuming the risk, which might spawn sense if the depreciated value of the saloon is low compared to the premium for the coverage. It would not make sense to retribution $600 per year to protect a $1,000 car.
vehicle is covered
that is purpose of the insurance..
karenb is correct.
KarenB is right. Your motor is not covered under their homeowners policy unless your parents are liable for the sewer finance up (don't think they will be). Cars are specifically excluded below the homeowners policy.
You parents should not have to foot for this. Turn it in to your auto insurance to enjoy the damage fixed.
First of adjectives, a relative living in your home DOES leak under the definition of "who is an insured" surrounded by your policy. Look and see. You are NOT legally an outside personage. The named insured, however, have to file the claim.
Second, homeowners policies do NOT cover deface to cars. No way, no how, not ever. If you CAN put a registration label on it, you CAN'T claim it under a homeowners policy. Doesn't business if it doesn't run, and you're planting daisies in the front form. You can call it a work of art and park it surrounded by your living room, it's STILL not contents.
Homeowners policies pay THE NAMED INSURED. So let's pretend that cars are covered - the check would progress to your parents. It doesn't matter if you're over 18.
So you'll enjoy to put a claim in beneath your "comprehensive" coverage on your auto policy, in directive to get any coverage for this. Your parents indeed aren't responsible, as they didn't CAUSE the sewage drain to burst.
Any damage to the vehicle is covered under your vehicle insurance. if you don't have physical coverage, consequently you'll have to repay for it yourself. If you want to get really precise, you could probably go after your parents surrounded by a civil court?
If the insurance company finds out that you're living in their house, consequently that's fine. Your belongings are not covered. Any damage to your things, are not covered.
You can be added ot their policy as an more insured to contents and liability only. Safest track to go.
Listen to Karen B, she is exactly right.
File underneath auto comp coverage.