 Can life insurance benefits be seized to pay debts? |
| I know they're not taxed. But if my husband has debts that are in his name only that were incurred before we were married, or even while we've been married, can those companies collect ... |
|
 I have cost u less insuarnce.......? |
| dont u think $209 a month is a little high when i got into an accident last year and thats the only violation i have never had a ticket i dont get why it is sooo ... |
|
 My father is 79 and has suffered a stroke he has no burial insurance or life insurance? |
| does anyone know if there is some type of insurance that I can buy to help nme with burial cost? he is a Veteran and worried that is there isn't enough money to bury him when he ... |
|
 Would you eat this? kielbasa? |
it was opened once but i sealed it and its been in freezer, exp date is july 20th? it came already cooked in one of those hillshire farm packages?
Additional Details
lol no i didnt ... |
|
 Should you settle with an insurance company after an accident? |
| Is it wise to take the first offer? If not what steps do you take?... |
|
 Is a lost engagement ring covered under personal property protection? |
| I lost my engagement ring at my house. It slipped off my finger while I was showering and went down the drain. My personal property protection states "reimbursement provision" and that &... |
|
 Can I get my uninsured money back from Indymac? |
| I have two cd accounts at Indymac. I was repeatedly told by Indymac employees that they are fully covered by FDIC. I even have something in writing from 4 days ago. Yet, I just found out today that ... |
|
 How long do a person wait to turn over a lawsuit to there insurance? |
How long do a person wait to turn it over to there insurance? Do they usually do it soon or no? If they wait longer to it hurt them in the long run or no?
Additional Details
Premise L... |
|
 Do some bariatric programs charge over and above what Blue Cross Insurance will pay? |
| I have a sister in law and a family friend who had bariatric surgery other than small co-pays they were not billed additionally-but the surgeons office at Barix Clinics says before surgery can be ... |
|
 Long Term Care Policy? |
| I am 68 and in perfect health & look to be 55. I have a long term care policy with Bankers Life that I have had for 8 years now. It is a 5 year policy with a 60 elimation period I have an agent ... |
|
 ULIP Mis-selling? |
| For the past 3 to 4 years, every insurance company is marketing ULIP policies on war footing. Tall claims were made by insurers wherein returns as high as 80% were quoted. Many agents used to tell ... |
|
 I want to get health insurance but I only make 800 a month? |
I dont qualify for medicaid. Its just insurance for myself. Im not prego nor do i have kids. Can anyone put me in the right direction
Additional Details
i want insurance thats under 100 ... |
|
 Which doctor do I call? |
| I went to the doctor. He referred me to a urogynecologist that is not part of my PPO Plan. My Plan (ChoiceCare Network) doesn't even have a section for "urogynecologist." When I looked ... |
|
 When u buy insurance do they take HIV test? |
| when u buy health insurance , from an agent do they hav the right to do an HIV test tanx 4 ur ... |
|
|  |
theoneandonly4251 | Bank accounts are insured up to $100,000 if the bank fails how will everyone ever see there money? |
Who is this money protected by? If the bank fails that will mean more then one is and how will everyone get the 100,000 they are insured for. If they print the money which they could wouldn't that cause terrible inflation? I just dont see how this 100,000 insurance would work if the banks that hold all the money go down.... |
 |
 
mbrcatz
 |
Oh, honey, they aren't insured for "bank failed". They're insured for THEFT.
It's protected by YOU and ME. The taxpayer. Because FDIC, they get their money from TAXPAYERS. So if there are claims, it comes from our tax money.
Government doesn't make money - it takes money from the taxpayers and redistributes it. |
|
rhsaunders
|
The funds are guaranteed by the Federal Deposit Insurance Corporation, which has a direct pipe into the US Treasury. If a bank should fail, receivers will be appointed who will pay off the depositors. Since banks are routinely audited by the Comptroller of the Currency, and must maintain strict liquidity standards, failures are almost unheard of. |
|
Mike
|
The FDIC (Federal Deposit Insurance Corporation) or FSLIC (Federal Savings and Loan Insurance Corporation) actually insures your account at your institution. The banks pay an insurance premium for that coverage same as you pay car or homeowners insurance to protect your asset. You do NOT automtically get $ 100,000 if the bank fails...you are insured to a MAXIMUM of $ 100,000, or whatever your account balance was on the date of the bank failure plus any earned interest. So if you have more than $ 100,000 at one bank, it is a good idea to have the excess in a separate account to protect it. If you thought everyone got $ 100,000 when the bank failed, that would obviously make people want to have the bank fail when they only have $ 10 on deposit, but that is not the case. Banks are also regularly audited by government agencies and if any danger is exposed, their ratings go down, and their insurance premiums go up. Hope that helps. |
|
Jade
|
Think of it this way, the FDIC is like a car insurance company that is not affiliated with the cars. I'm sure banks pay a HUGE premium every month to be insured in case anything happens and the FDIC could cover it, otherwise, what good would it do having the sign for FDIC insured banks? |
|
insuranceguytx
|
Enroll in a few college courses - especially Economics - Money and Banking. |
|
miXzo
|
http://www.fdic.gov/
The tax payers got your back. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
6 | 3 minutes(s) ago
| | | |
5 | 25 minutes(s) ago
| | | |
5 | 47 minutes(s) ago
| | | |
6 | 48 minutes(s) ago
| | | |
6 | 57 minutes(s) ago
| | | |
6 | 3 hour(s) ago
| | | |
6 | 6 hour(s) ago
| | | |
6 | 11 hour(s) ago
| | | |
6 | 2 day(s) ago
| | | |
6 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
