Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Insurance
Finance Discussion Forum

 I have a question on Health Insurance Billing
I recently saw a question that asked: I got billed from the hospital for 3000, the insurance said 1000 was eligible, and that 900 would be paid. All agreed that this individual would need to pay 100...


 My friend is 19 years old and lives in wisconsin and has to pay 1600 for seizure medication, has no insurance?
she suffers from seizures and needs medication, but because she isnt in school anymore she her parents plan wont cover her. is there any aid she can recieve for this? anything she can do?...


 19 year old daughter in bad wreck has no insurance needs help w/medical bills where can she find help?
...


 Dose an Life Insurance company really want to payout for the death claim or just keep delaying?
I've been dealing with one of the big insurance company. Every time I called them, they always said " still pending" . I've been 3 months already since they received the claim ...


 Can I get life insurance for another person?
Can I get life insurance for another person? Like, let's say I think Fidel Castro is going to die soon. Can I get a life insurance policy on his life so when he croaks I make some money? That ...


 What insurance do I need?
I have set up a limited company focusing on training and personal coaching. Do I need public liability insurance? Do I need insurance to cover if I am ill? Is there anything else to consider? Where ...


 My husband and I need private health insurance, any recommendations?
My husband and I need private health insurance because his job does not offer it and I am a stay at home mother of our two year old son. We live in California, make about 2000.00 a month and are a ...


 Life Insurance Claim...VOID re: lack of Knowledge of Full Medical History.....?
......The accountant we used had failed to put 'has Arthritis in foot' and thus failing to mention hospital visits and medications prescribed relating to this condition.
This 'non-...


 What are the mutual fund schemes available with you?
...


 If a motel catches on fire and all my stuff is lost in the fire, who replaces it?
My boyfriend was working out of town and in the middle of the night the lady next door to them decides to take her life by fire... So he wakes up his room is on fire and he lost all his clothes, and ...


 I am a single mother looking for Health Insurance?
Hello all!
I am a single mother looking for health insurance in Florida. I am self-employed. It is quite overwhelming to look for health insurance on the internet as there are literally thousand ...


 I cant get the insurnace compnay to pay for damages....?
6 mos. ago we bought our dream house (it is old but well kept )anyways we are all at work and school and some old guy did the impossible and plowed into the corner of our house (keep in mind we are ...


 What happens to my policy if AIG goes under?
I have a very inexpensive life insurance policy with AIG that I got about 3 years ago. I was healthier and weighed less back then, so I really don't want to have to go find another policy ...


 Renters insurance? Do i have to?
My apt. complex is forcing me (it's in my lease) to get renter's insurance and list them as an additional insured? All insurances have refused to so far.
Only one will but they are ...


 I need a second opinion on this bus.fianance question?
Bob Brown was recently involved in a minor auto accident. His car was hit from behind, and he, in turn, slammed into the car in front of him. He would like someone to explain his coverage and show ...


 Is it possible to work to the government without any type of insurance?
Ok , here's the thing, there is this business that works for the government, (Coast guard, border patrol, navy...) This is an industrial shop, that works repairing their equipment. But is it ...


 COBRA Fraud?
My husband voluntarily left his company last Oct. We have been paying the COBRA since then but the company will not release the payment updates to the insurance company and we have been without ...


 What is an average price for health insurance for a 20 year old male?
i am no longer going to be a dependent on my parents health plan. i am about to be employed full time and don't go to college....


 When you die?
would you like to be proped up to next to the juke ...


 Are there Health Insurance Scams?
I tried to get some on the internet and a guy called me and almost to the end of the conversation he said his phone was about to die. Weird....



salinachka18
On which of the following types of policies is it a certainty that the insurance company will have to make pay
On which of the following types of policies is it a certainty that the insurance company will have to make payment? (We have assumed that the policy has been kept current, payments have been made, and the insurance company remains in business.)
A. Life insurance
B. Comprehensive car insurance

C. Medical insurance

D. Liability insurance
                     
 




mbrcatz
None of the above. Here are reasons why each policy could possibly not pay:

a. if the insured commits suicide within three months of purchasing the policy

b. if the insured sets fire to his own car

c. if the insured has elective cosmetic surgery (NOT reconstructive)

d. If the insured has lied about an exposure on the application (ie, calling your pitt bull breeding farm a poodle grooming salon), also known as material misrepresentation

Sorry! I can think of more reasons why each policy wouldn't have to pay!!


waggy_33
The only one that is assured of making a payment is life insurance and that does not apply to term life. Whole life pays at death as long as you pay the premium. There are Universal and Variable Universal life policies that could pay at death as long as you have either a guaranteed death benefit or the ploicy does not run out of investment assets.
All of the others require something to happen that you would not plan on to have a payment.
Medical insurance is the next to almost guarantee payments as everyone has some medical expense during their lifetime.


mamatohaley+1
Life


nyvhek
I'm assuming life insurance, because nobody lives forever. (Look these up on Wikipedia if you're not sure what one means.)


floozy_niki
Death is a certainty so it's only a matter of time before a claim is made.
For the other events, as long as you can show evidence, the company has to compensate.


deep5223
As the saying goes, only death and taxes are certain. Therefore, only life insurance can be guaranteed to pay a claim with the assumptions you give.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy