What you have to pay after an accident with no insurance If you cause the accident In most states, if you cause an accident, your insurance company pays for the damage and injury costs of victims. If you have no insurance, the victims might sue you. The process is different if a stat...
What happens to your sum insured when you claim health insuranceDeepti Bhaskaran
A power of attorney could leave you vulnerable to abuse and may not grant the intended legal authority. Additionally, it does not cover what happens to assets after death, and there is no direct oversight of the agent's activities, which can lead to elder financial abuse or fraud. What fou...
Can you get money back from a lapsed life insurance policy? Can you have two life insurance policies at the same time? Can you have life insurance with more than one company? Do you get money back after term life insurance expires?
How will an insurance claim impact my car insurance rates? What happens if a driver files against my insurance company? You can generally expect an insurance claim to be filed against you if you were in an accident. Sometimes, though, this may come as a surprise, like if you were parked...
The term accident implies that nobody should be blamed, but the event may have been caused by unrecognized or unaddressed risks. Chance An opportunity for something to happen. He got a chance to speak with the CEO during the meeting. 1 Accident An unfortunate incident that happens unexpectedly...
Practical option to protect one’s income in case something happens CONS: Doesn’t cover injuries due to illness Limited cover and contingencies based on an individual’s lifestyle or activities What Is Personal Accident Cover and How Does It Work? Personal accident insurance supports policyholders...
Once the insurance adjuster completes their investigation, they will contact you or your attorney with an offer. It is imperative that you do not agree to this offer unless you have a good idea of the value of your expenses and losses. Every case is unique, but for many liability claims,...
disability insurance coverage through work, you may lose that coverage, either because your job has changed or been eliminated, or the company cancels its group plans. If that happens, talk with your insurance administrator to find out if you can transfer from your group policy to an individual...
Which Is Better: Term Life Insurance or Whole Life Insurance? It depends on your family's needs. Term life insurance is arelatively inexpensive wayto provide a lump sum to your dependents if something happens to you. It can be a good option if you are young and healthy and support a fam...