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 Is a $500,000 life insurance policy enough?
so yeah im 16 but i was jw this has nothing to do with me i just saw an ad on this website advertising a $500,000 life savings plan. would you feel comfortable leaving a spouse and 2 young kids ...


 What happens to people with insurance policies if their insurance company goes under? especially those?
policies with a cash value like a split dollar policy? if you had one through met life, for example, and they went under, what would happen?...


 Car Insurance company is sending check attorney states Medical lien is larger then payout, what are my options
7 months ago my wife was in a near fatal car accident. She is healing, but will have pretty serious complications for the rest of her life.

This was a one car crash, my wife was cut off by ...


 If I,m employed under PAYE and if the company has no work for me to do is it right they don,t have to pay me?
I,m employed as a HGV driver on the paye scheme and if the firm has no work for me and I have to wait for work, is it right that I,m not entitled to any pay for my forced time off....


 If I take out a private policy health insurance today, how long does it take before it goes into effect?
like until i have coverage and it pays?...


 Is sitting in a bank and selling other companies insurance product called bankassurance.what is te term called?
...


 How do I cash a check addressed to me and a lien holder?
My mother died four years ago and we were sent a check for damages to the car and sent on to Nissan. We received a letter in the mail today saying that they sent another check which was never cashed ...


 How do I settle with an insurance company for injuries in a car wreck without using an attorney?
I was involved in an auto accident last October and have been released from the care of my doctors. I have all of the documentation that I need to submit to the insurance company, but I do not want ...


 Typically, when does your health insurance coverage end after losing or quitting your job?
I am trying to get in touch with my husband's former employer (surprise surprise they're not answering my messages) to find out how long our coverage will last. But in the meantime I was ...


 Auto Insurance?
I had a period of one week in this year 2006 where I did not have car Insurance. Becoz my mail got lost and I could not renew it on time. How is this going to affect my history, If I go to get a auto ...


 Who are the major Insurance Carriers?
...


 Do I still have health insurance?
Is there a period that you still have insurance after you quit the job that was sponsering it. I was paying about three thousnd a year....


 I want to buy life insurance for my 83 yr. old mother. Is this possible and where do I look?
...


 I have 2 health insurance policies. How is it decided which one is responsible for covering a claim?
...


 Are the insurance companies getting ready to try to raise homeowners rates again?
http://www.msnbc.msn.com...


 Do health insurance policies require you to sign a contract with them?
Can I just go a month with an insurance company and leave them? I ask this becasue I'm looking for an insurance company that would pay for my vasectomy....


 What should he do (insurance question)?
My husband has had a mole on his back for as long as he remembers. It has always had no color and been raised. About 3 years ago he accidentally cut it while scratching his back and it has grown, ...


 How does one become an Independent Agent if the life insurance and annuity business?
Meaning, If you are first starting out in the insurance business(no history), how do you get the commission level of the independent agents? Do you just have to sell a certain amount of insurance or ...


 Anyone know an insurance company that pays you while out of work for atleast 3-31/2 months?
need an insurance agency that pays you for 3-31/2 months while out of work due to Doctors recommendation not to return to work for that duration............. (spfld MA.)...


 Are there insurance policies that protect a person from being sued?
I mean can you buy a policy that would defray the costs of litigation and/or a settlement if someone decided to sue you for any reason?...



sparksss
Job/insurance termination question?
after being terminated from job is blue cross blue shield immediately terminated or does it last so many days? do they notify you in writing?

and what about COBRA after blue cross is dropped. do u have to wait a certain amount of time for it to go into effect after it's dropped?
                     
 




Faye H
Rating
You should get a COBRA letter from your employer within 30 days. The COBRA coverage kicks in immediately. However, you'll need to pay the premium when you get the COBRA letter. You should be covered under the same Blue Cross policy you had before. You'll be paying the whole premium now, rather than your employer paying it.

It is usually fairly expensive for COBRA coverage because your employer will not be paying any of the premium.


mamatohaley+1
When your coverage is terminated is dependent upon your employers policy with BCBS. It is specific to the company.


Custo
Its most likely up to your employer as to when your plan stops. Call HR. They probably set up the rules for the entire plan. Might be immediate, or at the end of the month..

You have 30- 45 days to receive your cobra paperwork. There will be no lapse in your coverage, either way.


curiositycat
Your coverage usually lasts until the last day of the month of your employment, but check with HR to make sure. If you keep up with the COBRA payments and turn your paperwork in timely, it should begin the date you lose coverage. Once again, check with your HR.


Bryan
Rating
COBRA coverage kicks in immediately. You get 60 days from the termination date to decide if you want to pay for continued coverage at COBRA levels or terminate coverage effective your termination date.


justme
COBRA is too expensive. You can get a better deal finding your own individual insurance (unless you have pre-existing condition that might affect your premium). Try ehealthinsurance.com to get quotes until you qualify for a benefit with your new employer. Good luck!!


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