 Life Insurance payouts? |
| Hi everyone, can someone explain to me how life insurance goes? If someone has 125,000 in life insurance and passes away, does the beneficiary get 125,000???... |
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 Is it right that an insurance company raises its premiums to ALL employees??? |
Is it right that an insurance company raises its premiums to ALL employees to pay for an increase in treating cancer for several employees?
Why don't the employees with cancer pay a ... |
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 Why do some life insurance companies require a medical exam, and others do not, for the same coverage? |
Okay, my wife and I are looking at life insurance policies. We have decided on getting $100K for me and $25K for her. (We are both in our thirties, and work full-time.)
The two life ... |
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 Is $340 a month for family health insurance a good deal? |
My personal deductable is $250 and for my family it's $500.
It's through my employer.... |
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 I heard of Homeowners insurance being called...? |
| fire insurance and hazard insurance. are they the same?? or how are they different?... |
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| My health insurace company is givng me trouble!!!??? |
| I have blue cross blue shield from Ford Motor Company where I work..I went out of the country and had to be hospitalized I ad to pay about 5,600 dollars and theyre suppose to pay me that money back..... |
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 How much do you pay for car insurance? |
| How much do you pay monthly for car insurance? I need to buy a car soon. How much should I budget monthly for car insurance?... |
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 Who should own your life insurance? |
| Many people say that you should not own your policy & that it should be in a trust so that it is not part of your estate. But, when you die, it is not in your estate, it goes to the bene right?<... |
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 Medical Insurance? |
| I'm planning to buy health insurance for my family( no serious health issues) , any suggestions which company can give me best deal?... |
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 United Health Care Insurance question? |
| I have had united health care my whole life. My mother and I have it because she is disabled, so we dont pay anything. I heard that i will be covered by it until I am 19. What I am wondering is when I... |
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kurt k | I bought a life insurance for myself over 2 years, but after 2 year i have not pay any premium since then? |
but example 5 years later i die , can the benificiary get pay ,but 2 year provision had passed , can the benificary still get pay? |
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elaeblue
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No once you stop paying they do too. |
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donfletcheryh
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Insurance companies really love to have people stop paying. They never have to pay out on that policy, but they keep the premiums already paid.
If you go back and want to buy insurance again, it will cost you more than what was quoted originally, because now you are older. If anything happens, like a disease shows up, you will not be covered if that disease shows up while you were not insured.
Some policies have a "late payment provision"... you can be reinstated if your policy is a certain amount overdue, and pay the whole amount missed. The penalty is that should you die while the policy is lapsed, you can not use the late payment provision. Some such policies do not pay out within 2 years of a lapse, but pay back premiums paid for the whole period. |
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larsgirl
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the only way you could possibly have coverage is if you bought a whole life policy and gave the agent a huge amount of money in an effort to bury money in a life policy. The insurance company may be tapping the cash value of the policy for the premium. When the cash value runs out, then your coverage runs out. if you don't have a cash value policy for them to tap the premium from and you haven't made any payments, you have no coverage, no one collects if you die. |
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mbrcatz
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If you've stopped paying your premium, most likely the policy has cancelled. In which case, it won't pay anyone, anything. Cancelled policies don't pay out. |
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robert43041
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You don't pay your premiums, you're no longer covered: It's just like home insurance: you stop paying, a month later you get robbed, you get nothing from the insurance (because you haven't paid your coverage). |
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