 Is lying about having a preexisting condition considered insurance fraud? |
| let's say I file a claim and they pay for the treatment. If my insurance finds out later through investigation, how much trouble could I actual get in for lying about a pre-existing condition.... |
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 Health coverage HIPAA question.? |
I'm on COBRA now and will have to switch to an individual plan when my COBRA runs out.
I have a pre-existing condition.
I will have had more than 18 months of continuous coverage.
... |
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 Does demerit points affect my employers insurance? |
| I got a speeding ticket 4 demerit points in Ontario. Which i challenged in court. So I have a court date after 5 months. Demerit points will be given to my record after the court or these are ... |
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 is life insurance distribution taxable if i am not name beneficary? |
| a family member past and name another member beneificary of all insurances. that member then divied up all insurance payouts equally amongst living members. Is that considered a gift to all members ... |
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 My employer stopped my medical coverage behind my back, but still deducted medical payments from my checks? |
| Since February 2010 until June 2010 my employer sneakily stopped my medical insurance to keep the money. I found out I was pregnant, and they promised to restart it and never did. I now have $4,000 ... |
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 Did BP have insurance to protect itself against this disaster? |
Did the BP people or people who worked under them have/had insurance?
If so, how much of the money that BP will lose come from the insurance companies.
Just wondering.... |
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 Is the medical record number on the Kaiser permanente ID card the same as the insurance policy number? |
| I am trying to find my insurance policy number and I heard that its on my kaiser permanente ID card. But all I see are my medical record number and some other information about myself. So, I'm ... |
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 is this deductable correct? |
| I was driving my friend's car and happened to hit a deer going 70 and totalled it. I told him i would go halves on whatever he needs to help because I felt somewhat responsible. Since it was ... |
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 Cheap auto insurance online? |
| Where can I get the cheapest online auto insurance?... |
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| Lets say I want to open a welding company which does all types of works. What are some GOOD sounding names for the company? Provide as many as you can..... |
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 is this job plan possible for my sister ? |
She wanted me to ask this.
since she was five years old she wanted to work for the fbi,cia,something like that.will this work for her this is what she wants to do.
1.she does flyers ... |
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 use a parent's dental insurance while living somewhere else? |
| I want to move in with my aunt for a multitude of reasons, but for now we're only arranging for the summer. If I go there, to Las Vegas, Nevada, could I get dental work done that I really really ... |
|
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| i want to get the Medicaid for Pregnant women, i recently applied how to i switch from the regular one to the prenatal? Or do i apply again? Bc i cant use regular medicaid if im pregnant with the O... |
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 Where can I find a list for medical utilization with regards to car accidents that insurance companies pay out? |
| I was looking for a list of costs for different treatments that car insurance companies pay out to claimants (personal lines).... |
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 THRIVENT FINANCIAL FOR LUTHERANS QUESTION? |
I want to find out which states have brokerage agreements with Thrivent for major medical and
short-term medical insurance. Their website has no info and my attempts to contact the company have ... |
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Lubyloo | Can I take out a multi-million dollar life insurance policy on my spouse even if he's not worth that much? |
And vice versa? We were talking about how it would be nice if one of us should pass away for the other person not to have to worry about working so that they can focus entirely on any children we have. Maybe 10 million or so? Is this sort of thing allowed? |
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Piggiepants
 |
Sure, if doesn't matter how much you are worth, just how much you can afford. If you can afford the premiums for multi-million dollar policies, and nothing else better to spend you rmoney on, go for it. |
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V@ne$$@
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Sure |
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Finance1o1.blogspot.com ®
|
Its possible if you can afford it. My Senior National Sales Director earns about $3.7 million/year and he bought a 30 year level term with $40 million of coverage. He bought it when he was 40 years old and pays about $5000/year for it. His wife doesn't work, so she doesn't need coverage.
Its crazy because an average 30 year old would pay $1000/year for $100,000 coverage for a Whole Life Insurance. How much would it cost for a 40 year old to have $40 million coverage for a whole life policy? I don't know b/c I don't sell that garbage. I only sell term insurance. |
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car253
 |
It may not be possible. Insurance agents and companies look at your current incomes to see if they measure up to the amount of insurance your asking for.
Insurance companies do not want to give an incentive for anyone to commit a crime and/or anyone's death. They look to make sure you have an insurable interest in the person and the amount your asking for is reasonable and in line with your lifestyle. Or, they will ask why you want so much insurance. That is a red flag if you want too much insurance for your lifestyle, something smells fishy.
Weeding out fishy stuff is what agents and insurance companies call "underwriting" the policy. |
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mbrcatz
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The insurance company would have to agree to it.
There's no LAW against it, but an insurance company might not agree to it at all. Plus, that's a HUGE amount of money. Even $1,000,000 prudently invested conservatively, would bring in $50,000 a year in income. On top of social security survivor benefits, why in the world would you need TEN TIMES that? That's what the underwriter will ask, and that's the question you'll need to have an answer for. |
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Caveat Emptor
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You can - with his/her concurrence and subject to medical underwriting. Just out of curiosity, how did you determine "how much he's worth"? |
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Karen
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I'm sorry...I laughed at the way you asked the question..."even if he's not worth that much" lmao
To answer your question though, I'm sure it's possible. |
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