I know someone who like to quit their job, but they don't know if the company will terminate their health insurance immediately or not. They can't ask anyone at the company. Is there a law ...
I recently had my apartment robbed and all my jewellery taken (mostly sentimental). I want to put this whole thing behind me and just file the insurance papers, but I still have hope that my ...
What I would like to know is: Is it very hard to work for the insurance companies that have a nurse on call for their 24 hour nurse line. I have alot of nursing experience and would like to find ...
My mother died (while still employed) at Allied Signal back in 1970. Today the company is known as Honeywell. I've hit every stone wall there is in trying to research the Life Insurance company ...
I have 2 Term Life Insurance policies on myself.
Both are for the same dollar amount.
"A" is 20 yr, of a stable Insurance company under State Farm Insurance ($68 per month)
&...
Ok, you have a bill, the bill is more than what you put into insurance, say you just started the first year and only paid $500, and that bill is $1000. Insurance just pays for it all even though you ...
The travel insurance i want to buy includes cancellation cover. Do i put the policy start date as the start of my holiday? because if i do that am i covered from now if i have to cancel? =/ sorry im 1...
I used to smoke and my insurance premiums are based on my being a smoker. However, now that I have given up, I want to be re-assessed on the basis of being a non-smoker. How how before insurance ...
We are selling our house. The inspector found some hail damage and requested the roof to be replaced. My home insurances covers hail and wind damage, but would they pay for if we are in the process ...
just wondering why all insurance policies seem to be for 12 months. Is there any reason why insurance companies don't have eg 18 month policies. Or why not just rolling monthly policies? Are ...
The deductible for emergency room visits according to my HMO plan is $100. Even though I was only there for two hours I subsequently got three different bills in the mail. One from a lab for a ...
The Health Care system in the United States is a huge issue that is being ignored every day. Every year the cost of health care goes up and up and because of that the the middle and lower classes are ...
Witnessing the treatment clients in the Gulf Cost are getting from the insurance companies … I was wondering if Insuring myself <Paying myself premiums into my own controlled account> would ...
If the "company" is your employer, then you cannot cancel the group health insurance for you, until open enrollment time comes around.
sarah314
If you are talking about health insurance through an employer, that's correct. You can't drop your coverage "for no reason" except during Open Enrollment, which happens once a year.
You can drop your coverage during the year for a Qualifying Event (examples are birth, divorce, marriage, changing from full to part time, etc.). "Not being able to afford it anymore" is not a qualifying event - you'll have to wait until Open Enrollment. Sorry.
Becky M
If its in your contract to have it for a set period then yes, then can say they wont cancel it. You would have to expect to pay it off in full.
corgi1922
Under employer plans you can only make changes to your insurance during open enrollment or during a change in status.
For change in status you would have to gain coverage else wear.
Not being able to afford it is not a reason.
PEGGY S
Most insurances can be cancelled. just call the office and ask.
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