Can a life insurance policy ever become effective without collecting the...
In very rare cases in which there is a delay of payment it is possible for a life insurance policy to come into effect before the first collection. This would happen in cases where the bill is to be...
View ArticleCan an insurance company use anyone(TM)s debit card on their system to renew...
Have you ever tried calling your insurance company to renew your policy using a Debit card that does not belong to you? If you haven’t then it is good for you to know that you cannot be doing that. In...
View ArticleAm I able to get a loan from my bank to pay for my premium?
Most banks will only loan out money to customers if they are sure that the payments will be made. They can try to estimate the possibility of any late payments by using mathematical formulas to...
View ArticleIs it safer to buy insurance from a more popular insurance company than one...
I feel that it is better to buy from a more popular company. There are many in our area that have cheated people and gone away. However the popular company will have a license and is sure to help the...
View ArticleHow many missed payments will my insurance company allow before they cancel...
The amount of missed payments an insurance company will allow before they cancel a policy usually varies from company to company. Each insurance company typically has it’s own policy about when a...
View ArticleWill I still be covered if I miss one payment for my insurance?
If you miss one payment also, you can get the insurance. But how could you skip the one payment and proceed with other payment. You have to pay the payment of the remaining amount along with the fine...
View ArticleHow often do you have to make payments on your health insurance?
When you have availed health insurance from the insurance company, you have to make payments regularly. As mentioned in the agreement you have to pay your payments. Sometimes you would have accepted...
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