 Do i get liability cover for people working in my garden or do i need insurance? |
I have people working on clearing my garden . Am i liable if they have an accident or does my insurance cover it ? Are they suppose to insure themselves?
I just dont want to get sued
... |
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 Pre-existing conditions? |
| I was without health insurance from September 1, 2005 until July 31, 2006. Because I didn't have continuous creditable coverage, can my current health insurance deny me benefits for pre-existing ... |
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 How do you get health insurance ONLY for kids, not adding on to parent's plan? |
| I don't qualify for CHIP. My work insurance is great for singles, ok for married couples, terrible for families. We had insurance with Texas Children's Hospital for our kids and it was ... |
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 Can you claim life insurance of someone you are not related to? |
| I have a friend very old and she has a big life insurance policy currently I am helping her live and I am am paying for all her expenses. She has listed me as the claimer on the insurance when she ... |
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 Is it feasible to find 100 families to put $100 a month in a savings account to pay for medical expenses? |
| Its just an idea I had, wondered if it would work, if its legal, etc. My family has no health insurance, and I am sure that there are many other families out there in the same boat. We have no major ... |
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 How do you define double dipping on insurance? |
| I have 2 step kids. We have had insurance on them for over a year. We just switched insurance and their mother decided to put them on her new husbands insurance. Which now we have 2 insurance ... |
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 Should i get 20 year term or a 30 year term life insurance? |
| My husband and I currently have a 20 year term life insurance policy. We are switching companies because we were paying too much at State Farm. I'm 30 and he is 33 and we are both in very good ... |
|
 Homeowners vs. Auto Insurance? |
| So last night a huge tree branch fell on my car in my driveway. My car insurance is expired and I'm wondering if my landlord's homeowners might cover it. The tree is on his property and ... |
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 Insurance company startup???!!!? |
| was wondering about the possibility of starting up my own insurance company covering cars. do i need a license to do this. do i have to make myself known to anyone that i am insuring people to drive, ... |
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 Is it recommended to buy whole life insurance for a child? |
| A friend of mine recommended buying whole life insurance for my child. He said it was better than investing elsewhere. For example, you can get a 1 million dollar insurance which will be paid up by ... |
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 Car insurance question:? |
| My car was recently stolen and has yet to be recovered. When I file a claim with my insurance on this matter, will it make my rates go up??... |
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nancy g | I am looking to consolidate debt without refinancing? Can I borow against my term life ins. policy? |
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Tom Z
|
Term life has no cash value. Therefore there is nothing to borrow. |
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Fred S
 |
This policy will only be of help if you are dead. |
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Chris C
 |
No, you can't borrow against a term policy becuase there is nothing to borrow against (no cash value, etc). Think of it like renting a house...you can't borrow against a rented house becuase there no real asset there.
Have you considered just creating an action plan to pay out your debts? Sometimes a little planning can make a huge difference! |
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CygnusX1
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No, term life policies hold no cash value. |
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theHoundDawg
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Term life insurance builds up no cash value as does whole life insurance. Thus it is not an asset with value that can be borrowed against. |
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maxmom56
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Nope, only against a whole-life policy. |
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gobonzzo
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No. Term insurance policlies are called "pure" insurance, that is, insurance without the rip-off provisions found in whole life policies. A term insurance policy is insurance only; whole life includes an overcharge which builds into "cash value". You can "borrow" this cash value and be charged interest, but the real hoot is you are in effect paying the insurance company extra in order to borrow your own money back with interest.
Term insurance has none of this nonsense. You might as well ask "Can I borrow against my automobile insurance policy?" It is the same thing. I am afraid the insurance companies have you befuddled, but fortunately, you do have term insurance, which is the right kind to have.
If you want to build cash value, open a savings account. That way, if you want to use some of it later, you won't have to pay to use it. |
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CHAR L
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Yes if your policy allows it
Doubt TZ has been in insurance for 35 years
Looked it up..While it builds no cash value It can give you money anytime in your life if it is needed.. |
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