 What are your thoughts on insurance's.Do you feel they are just a scam in disguise? |
They all want your money,but then when you need it,there's always a catch,or some reason they come up with, to keep from giving you the money..
Additional Details
I think there main ... |
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 I'm self employed, where can I find health insurance? |
| I would like to find a provider that will pay 50% - 80% of my medical bills and all that good stuff. Where should I start looking? Who is best to go with? Is there anything you think I should go ... |
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 Where can I purchase individual health insurance? |
| It's actually for my mom who is 63 and needs some type of insurance until she is 65 and eligible for medicare. She just retired. Does anyone know good, reasonably priced plans that she can look ... |
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 My Insurance claim? |
Early December 2006 I dropped my pc down the stairs.
I just got a call from the Insurance people and they say that I will get a letter from the underwriter before wednesday?
Why ... |
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 My wife sadly passed away last week ...? |
| After a long and sad illness and I sent a death certificate to the Prudential to claim under her life policy. I rang the Prudential today and went through to an Indian Call Centre where I enquired ... |
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 Can I buy a Life Insurance Policy on someone I don't even know? |
Seriously.
For instance, If I took out a policy on Bob Barker, I could expect a payout in about three to five years.
Can I insure someone without their knowledge or permission?<... |
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 Life insurance: Which would you pick? |
Scenario: 30 year old purchasing a $250,000 policy. Would you buy:
A) Whole life insurance that cost $3100/year. By age 65, you will have $60,000 in the cash value.
B) 35 year ... |
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 How much is too much to pay for health ins for a family, through you employer? |
Almost 400 a month is taken out from my check to pay for insurance.
Additional Details
Had an HMO and switched to PPO to save money. Ended up paying about the same because the rates went ... |
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 What is covered under your home owners insurance? |
| I have a main wall in my house that over time hase become week due to high winds. I can actually see the wall move, i have a big moon window and a crack going done. I have folks out who hae told ... |
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 Life Insurance from AIG!? |
Hello,
I have a life insurance from AIG. If AIG goes bankcrupcy, what will happen to my life insurance?
What should I do now?
Thank you!
Additional Details
Thank you ... |
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 Why are insurance companys rip offs? |
| how is it that you pay extra for dental ins. and they tell you that you can't use it for a year. let's see if they could live with a toothache for a year. can i get my money back that was ... |
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 Insurance claim? |
Scratched car?
while going to the bank i parked my car in a short stay free car park i packed up fine. On returned to my car as i had forgot something there was a different car parked next to ... |
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 How do you get your Lienholder to sign off on an auto insurance check so you can cash it? |
| I got in a minor accident and was issued a check from my insurance co. My family is really short on cash right now and we were thinking the best thing to do is leave the damage on the vehicle and ... |
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 My apartment is making me get renters insurance, can they do this? |
| We have been living in this apartment now for over a year, and now they are telling us that we have to get renters insurance. We have to have at least liability, so basically if our appliances cause ... |
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 Should parents buy life insurance policies for their young children? |
| What do you think? Give good reasoning for your argument...THANKS!!!... |
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 How can I get my insurance to pay for a boob job? |
| I'm trying to figure out how I can get my insurance to pay for me to have a boob job. (Not because I don't have any and I just want some.) I have a what I think to be huge breasts for my ... |
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 If you shop for insurance would u pay extra for better costumer service, or get the best rate instead? |
| Would u be happy with better service and pay extra or would u like to get the best rate, doesn't matter who the company is? I sell insurance and I want to know what u want.... |
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laura | Is it customary to make a check out to an insurance broker (instead of the insurance company)? |
I am applying for personal liabiility insurance for private educational consulting and the application says to make the check out to the broker...that seems weird to me...does anyone know? |
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mbrcatz
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Here's the scoop: If the policy is going through a regular, national carrier such as State Farm, Zurich, Nationwide, etc, you can make the check out to either the broker or the company.
If your policy is being issued through a non-admitted carrier, however, OR if your policy is being financed through a premium finance company, then the company won't accept the insured's check - they want the "guaranteed funds" of the broker's account, so the broker will have to swap checks with you. Then they remit THEIR check, which is actually the money you paid them. |
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Chris
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I work at an agency, we usually have people make the checks out to us, because it's a lot easier, because we're the ones that cash the checks to pay the companies. That's the broker's job, is to work for the customer to make sure they're doing everything right. If it asks you to make the check out to the broker, you should, they're most likely going to in turn pay the company with the money. |
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jonesy634
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Make it out to the insurance company. Sometimes, the broker will ask you to pay him and in turn he will pay the insurance company, but many insurance companies won't take payments from brokers due to anti-money laundering acts. The company that I work for returns all checks received from agents and/or brokers and requires payment or a money order from the insured. |
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Fred C
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There are different billing methods. A direct bill policy would have a check made out to the insurance company, and they send commisions to the broker once a month. A broker bill policy has the check made out to the brokerage, and he pays the insurance company once a month. Most brokerages operate with a mix of the policies, depending on the insurance companies and policy types. No, it is not weird, it is perfectly normal. Ignore the people who tell you different. They are totally confusing the terms broker (one who sells for more than one company), and agent (one who works for one company) I am an insurance broker, and I do know what I am talking about. Phone a half dozen insurance companies picked at random out of the phone book if you like. |
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City
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Never make it out to the broker...ONLY to the insurance company. I would also call your state insurance department and let them know about the request. If they validate it I would be surprised. It is more likely they will investigate it for fraud.... |
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di_cassano
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it's safer to make it to the insurance company |
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parsonsel
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I'd not do it. If they don't want you to make it out to the insurance company itself, find another company.
I've had many different policies with many different companies and none has ever requested the check be made out to the broker. |
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Nana
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Should always be made to the insurance company. Let the company pay the broker, not you! |
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Glenn B
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Offer the broker two cheques one for their costs and one for the insurance company. Brokers make their money by a combination of commision and/or mark up. If you tell them you understand they need to make a living and they still insist on one cheque. Go elswhere |
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mekeygabriel
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No, never! It should always be made payable to the insurance carrier...and you should get some policy paperwork, too. |
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