 Where can i find a list of insurance terminology and definitions? |
| i teach business english, i have a student who needs to produce insurance policies for his goods. i want to stay clear of health and life insurance. ... |
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 Life Insurance Proceeds? |
| I do not wish to receive my life insurance settlement all in one lump sum. I was wondering if I can receive it in other ways, like a little at a time over a certain period, or other options.... |
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 What Monthly Fee Would You Be Willing To Pay For Carbon Insurance? |
| For example, if a Carbon Inspector said your house or car was not carbon neutral and he could fine you heftily, then you would buy carbon insurance to protect yourself. How much would you be willing ... |
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 How come, My friend paid £2000 for a Diamond ring, but its insured for £6000? |
I thought if you bought a ring it was certified when you bought it at the price you bought it, therefore any insurance company would only insure it for the amount you paid!?
Any ideas?... |
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 M getting loss in my business from last 2 months. but still i want to struggle. how can i motivate myself ? |
| I am a Sales Manager. From last 2 months i m not able to succees in sales even i am not performing average. my seniors are very angry with me. I am struggling a lot but not getting results. But only ... |
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 Should I enroll in VGLI (Veteran's Group Life Insurance)? |
| I just recently got out of the military and am eligible for the veteran's life insurance. I was wondering if it is something I should capitalize on or if there are better policies out there for ... |
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 If my son is named as the sole beneficiary(life insurance) if i were to die, could my husband challenge it? |
| i'm told yes by some, but no from many others. this is not a 401 or 403(which teachers have) which i know can be challenged in court. i do believe spouses have a say so in that. but as far as ... |
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 I Need Health Insurance? |
I am currently 19years of age and a full time college student.
I am not working but I need to find affordable health coverage. My insurance ran out as soon as i turned 19 and what i paid before ... |
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 Why do insurance co. not pay? |
| my kids were in a bad wreck not my or my kids fault my son 13 yrs at the time had a broken pelvice a lot of asphalt burns stiches allover surgries to put 8in. stainles plate in to repair the pelvice ... |
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 Is it possible to stay under my moms car insurance plan if I get my own place? |
I am planning on moving out, but I am on my moms car insurance right now, is it possible to keep it under her name if I move out?
If not, will my insurance go up alot??... |
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 Insurance says the doctor didn't bill correctly and the doctor says talk to the insurance company. Now what? |
| We went to an Ob/Gyn who did an annual exam and now the insurance company won't pay for the visit and says the doctor billed everything wrong. The doctor says take it up with the insurance ... |
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 Do single person with no dependents need life insurance? |
| I'm 37 years old single no children do i need to purchase life insurance i have no other family so if i get life insurance who will be the beneficiary and according that finance lady suze orman ... |
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| Owning a business, (Website only, no employees), business insurance???? |
| I was wondering if you need business insurance no matter what kind of business you own. I am starting a business that is nothing more than a website that is free for users and only makes revenue ... |
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 Liposuction - how can I get my insurance to pay for it? |
I have about 80 pounds I want removed from all over my body.
If insurance can pay for gastric bypass, there should be a way to get them to pay for this.... |
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 Wal-marts hurts :(...? |
Hi,
I got a small question for you all. I am an associate at Wal-Mart and I was injured wile at work. I have been on Worker saftey insurance for two weeks now. My question to you all is ... |
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 Can an insurance company deny you coverage due to pre existing condition? |
| If you are currently employeed and insured for you and your dependants and wish to quit your job and start your own business and buy private insurance somewhere else, can an insurance deny your ... |
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 TRUE? Wal-mart Wal-Mart carries their own life insurance policies on their employees. payable to Walmart? |
Wal-Mart staff ordered to search store after bomb threat
http://snipurl.com/t6z0 (more detail in link)
I was then told:
Since Wal-Mart carries their own life insurance policies ... |
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 Do i have to pay a deductible for a car accident that wasn't my fault? |
| I got into a car accident about 3 weeks ago and the person ran the red light and hit my car. DO i have to pay the deductible when it's not my fault? Please answer me soon i need some insight ... |
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talula | If you ask an insurance company to look at a particular problem in your house is that considered to be a claim? |
Question on insurance form - Have you ever made an insurance claim |
 |
 
Loopy-Lou
 |
it is only considered a claim if any payments have been issued and if the company have agreed to cover it.
for example, if you wanted to claim for storm damage to a roof but when the assessors came out they declined the claim due to wear and tear, this would be a claim that you put in, but the insurance company declined it.
if a claim is declined or withdrawn before any payments are issued, then it is not considered a claim
hope this helps xx |
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Angel1
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The questions on the forms will usually ask previous claims or incidents. If no payments were made but there was cause for an expert to visit they would class as an incident and should be disclosed. If no payments were made will make no difference to premium. Only issue you may have is if they came to assess cracking in the walls which could suggest subsidence and if an insurer is made aware of that chances are they will no quote. |
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Wendy S
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Yes. You have to open a claim before they will send someone out. And whether they pay out or not it will still be a claim on your record.
However, some very cool, customer service oriented agents - (not adjusters!) will come out to your house and tell you if it is a claim to help you decide whether or not to submit one. I've done it. Not that I'm cool...
Hope that helps!
Edited to add: A later poster is correct that the reported claim that was not paid out would not affect your premium, however if you had additional claims it would be considered a claim for claims frequency, which is something you can get canceled for... |
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aires69uk OFFICIAL
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If you ask an insurance company to look at a particular problem in your house, then yes that would be considered to be a claim. Whether the claim was successful or not is neither here nor there. |
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C
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For the insurance company to send out an adjustor who will look at your problem, you have to first file a claim with the claims department.
The adjustor will then look at your damage or loss, and determine if your policy covers it. However, the claim will not affect your record unless the company actually pays out. The claim will show on your record for 5 years, but your policy will not increase in premium if there is no payout.
Depending on insurance companies, the rate increase after a payout can be anywhere between 10-30% of the policy premium.
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CelestialFire
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I'm with Wendy on this one.
If you are dealing with an independent broker or agent, and not directly with an Insurance Company (i.e. Progressive), they will likely be willing to come out and take a look at the problem and offer advice before reporting a claim. Our office is fairly large, so rather than visiting the clients ourselves (depending on the situtation) we have agreements with various disaster recovery/general contractors to asses the damage prior to reporting a claim.
One situation that I can think of off hand is with a gentleman that had a flood in his basement. He had a $2,500 deductible, so rather than reporting the claim and having him pay the deductible in addition to losing a claims free discount, our contractor was able to clean up the water and damage for around $1,700.
Depending on the circumstances, you may want to review your deductible and call a cleaning or disaster recovery yourself to get their opinion. Most provide free estimates. |
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Cornish Granny
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No a claim is when you are asking them to pay for something to be repaired or replaced. |
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