Why do I keep getting rejected for life insurance if I have a pre-existing...
You may get rejected for applying life insurance because life insurance is not a charity and it is a business. Life insurance is a contract between the insurer and insured where the insured is...
View ArticleHow long do I have to report a death to the life insurance company?
A life insurance policy is so vital to both the policyholder and the beneficiary because it is the latter who will receive the proceeds of the policy in the event of the death of the former, who names...
View ArticleAre there any instances where the secondary would get the payout over the...
Whenever a life insurance policy is purchased, it is imperative that at least one beneficiary is named in the policy. This is mainly to facilitate the insurance company to pay the proceeds of the...
View ArticleCan my health insurance company reduce my coverage without me knowing?
Can my health insurance company reduce my coverage my coverage without me knowing? No, insurance company will reduce the coverage for your health when they stated in the policy when they launched....
View ArticleDoes my spouse take precedent over my beneficiary for my insurance policy?
The spouse cannot take precedent over your beneficiary for your insurance policy. A beneficiary is a person whom has all the legal rights to make the claim if the insured is no more. The beneficiary is...
View ArticleDoes age matter when it comes to getting health insurance?
Insurance has been playing important role in deciding the person’s life to all extent. It is mainly responsible for the person’s health as a whole. It gives the necessary help to all people who have...
View ArticleAre people charged a general amount for health insurance?
The amount incurred for each and every person in this era towards their health insurance would be equal when compared. However, in some countries the amount would vary as per the rules and regulations....
View ArticleDoes the size of the car matter when determining my insurance rate?
Yes of-course, the size of your vehicle plays a main role in getting insured. This is because based on your vehicle’s size the cost of the vehicle will also be more. Due to more of money spent on the...
View ArticleHow does homeowners insurance differ from renters insurance?
The house owners and renters insurance are completely different in the ways they cover the insured persons belongings. The renters insurance is a type of property insurance where the insured’s personal...
View ArticleWill my homeowners insurance pay for a hotel if a fire has damaged my house?
A homeowner will definitely insure his home against any possible damage. This insurance is specific only to his own and insured house and not even his other houses. The question is, will our home...
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