Whole Life Insurance? |
| So I read on bankrate.com that one can borrow against their life insurance (whole life insurance) policy to pay off debts. This sounds like something I may be interested in. How long do you need to ... |
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Is there a car insurance that is not a total rip off? |
| So far we have been ripped off by Farmers and State Farm.... |
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Bill from collection agency? help!? |
| they say I took my son to the hospital 3yrs ago, they can tell me the date and amount $375... but they cant tell me what hospital i "supostably" took him to, saying hospitals dont release ... |
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In terms of life insurance - what's best?? Term or Whole? |
| The person is a 54 yr old female, presently on disability with a fixed income and 1 adult child, no grands. How much is recommended if they just want to be able to cremate after death.... |
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Is life insurance covered under COBRA? |
| Life Insurance is an employee benefit available to all workers. Life insurance company refuses to pay on claim because they say that we, the employer, never made it part of our contract. Isn't ... |
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Why is the insurance company asking for the past ten years of medical records my sister had? |
| she died in an accident by high voltage electrocution from a hanging power line while helping someone in a car accident, is the insurance company trying to find ways not to pay the life ... |
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Help! What do I need to do about an insurance claim? |
| Ok, I had a bad 4-wheeler accident a few weeks ago on my farm and had to go to the ER and have surgery. Since then I have had another surgery and I've had to put off job searching. I've ... |
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Unemployment wont answer the phone? |
| I haven't received a check in a month I've emailed and called, nothing. I need my check. The automated lady tells me the check was sent off on 11-19-08. How do I get through so I can get my ... |
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Which Insurance company is the best? |
| Im going to buy a mercedes but im not sure which model. I want a good insurance policy to go along with it..... |
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Online Auto Insurance Quotes, are they really safe and accurate? |
| I know several people who have submitted their information into one of the many "online auto insurance quotes" and now they have solicitors all over them, on their phone, emails, junk mail ... |
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If disability is paid by an Insurance Co. can individual still seek part-time work without loosing benefits? |
Disability payments are paid by MY insurance co. not by the state. Can I get a part-time job that pays about
$150.00 weekly without losing my short-term disability benefit?
My state is CO.... |
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abhi | Difference between life insurance & general insurance? |
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singha_ms
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one deals only with life
other with everything except life |
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Mukesh Purohit
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Life insurance cover insurance of you and your family life where as General insurance made insurance off things like home, car, bike etc. |
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sshazzam
 |
Life insurance covers your expenses if you die. Like unpaid hospital bills, outstanding debts with other companies, the cost of burial.
Health Insurance covers you for normal health check ups and emergency room visits. |
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Great Days
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In the Philippines, we have life insurance and
non-life insurance. Examples of non-life are
fire insurance and motor vehicle insurance.
Maybe General Insurance also pertains to
non-life insurance. |
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MAHIMA S
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Life Insurance means it is the insurance for our life ,But General insurance it is for goverment. |
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BALASUBRAMANIAN
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Life insurance refers to the compensation paid to the families in the event of the insured's death. What is compensated is the economic loss(earning capacity of the insured to the extent of the sum assured). This coverage only for persons.
Contrary to this General Insurance is indemnifying the economic loss of the property or the third party liability arising out of the incident or accident and geneally cover the properties and life of persons in case of accident. |
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Sue P
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Hi there. The basic difference is that life insurance pays out on your death. General insurance covers household, motor, personal accident, travel, all risks, business insurance, the list is endless!! Life Insurance is known as a "valued" policy. In other words, you insure your life for a certain value and if you die, the policy pays up the sum insured in full, no deductions at all are made, no messing around! General Insurance Policies are policies of "indemnity", you cover something but if you claim on the policy, you may not get exactly the sum insured back due to circumstances such as under-insurance, over-insurance, policy excess, certain cover restrictions etc. Hope this helps! |
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