 How to divide life insurance among 3 beneficiaries...? |
My husband has one child from a previous marriage and then me listed as beneficiaries 50/50 on his life insurance.
We had a baby last year and I am confused as to whether it would be better to ... |
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 Where can i find general liability insurance for home inspectors? |
| i am currently getting my license to be a home inspector in Arkansas and the state requires that home inspectors carry a general liability policy of $100,000. My own insurance company does not do ... |
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| My Insurance denied a cliam for a doctors visit, saying its not covered by the company. I was acutally refered by another doctor to this guy for excessive sweating. when I book the appointment they ... |
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 Is it possible to sue an auto insurance company for insuring a neglegent driver (alcoholic, drug abuser, etc.) |
| I posted an earlier question asking for help in an accident I was recently involved in ((DUI/meth abuser hits bicyclist = broken back). I received a lot of useful info, but have a few more questions.... |
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 Insurance claim for flood damage- Is the company allowed to do this? |
| I have placed a claim for the contents of my house due to flooding. The insurance company is wanting to pay us the vast majority of the claim in vouchers and set us up with their suppliers. We do not ... |
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 Questions about Medicare? |
| My mother will be 65 in August and will be filling out the paperwork three months before that. She has cataracts, and will need surgery. She is having some difficulty getting scheduled with the Dr. ... |
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 Insurance for cosmetic surgery abroad? |
| I'm having a rhinoplasty/nose job operation abroad, in Iran. Do you know any insurers and what do they cover?... |
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 My company offers health insurance but its a dumb plan? |
| well they dont have like a set insurace. They have this guy who sells insurance policies and he signed me up for one but it sucks. I have like this $5000 deductible and they are real strick and what ... |
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 Free health insurance near Brandon, FL? |
| Is there any way to apply or receive FREE health insurance in or near Brandon, Florida. I am a college student here and don't want to pay for health insurance b/c its expensive. I used to live ... |
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 Whole Life Insurance? |
| ok, so heres my situation. My mom got whole life insurance for me when i was younger, and has been paying it. I am now 18 and the policy is turned over to me now under my name. It's supposed ... |
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 Health Insurance (HSA, Health Spending Account)????? |
| My Company wants all employees to switch over to a HSA (health spending account). does anyone know if these are better than a PPO, and how does this work? Any other information on them would be great ... |
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 Whats the best insurance company to sign up with if you are looking for health insurance? |
am thinking of getting health insurance but still confused of which insurance company i should sign up with.
Lorenzo
http://welcometoinsuranc... |
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 Insurance cut off....? |
| My step mom had a stroke February of 2007. She came home in August of 2007, even though her speech was still messed up, she is in a wheel chair (can't walk), can't maneuver her left arm, ... |
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 Should I pay our next term life premium to AIG? ? |
| It's due later this month and after that there is a grace period. It is $900, that is a lot of $ to pay a company that may not make good on a policy IMHO.... |
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Chantal G | What does gap mean? |
i need to know what is gap |
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Christy P
|
We need more information to answer this properly.
A "gap in coverage" usually means a period of time when you are not insured. If you do not make your payment on time, and the policy is cancelled for nonpayment, but subsequently you pay to reinstate the policy, you might have a gap period where you had no coverage.
"Gap insurance" usually means coverage for the gap between the value of a car and the outstanding loan. Suppose you buy a car for $20,000, and it depreciates to $15,000, but your loan balance is $17,000. If you have a serious accident and the car is totaled (can't be repaired), the company will pay you the value of the car ($15,000). The bank will still want payment for $17,000. You have a gap of $2,000 that you must pay to the bank. You can get "gap insurance" to pay off the remainder of that loan balance for you if the car is totaled. |
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golferwhoworks
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the minute you purchase a car and they hand you the keys the car depreciates. Gap insurance covers any amount on a car that is totaled in full. If you do not have this coverage then you could still owe after your insurance company pays all it is going to pay. |
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deep5223
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It is something that is not covered. You can fall into a gap in the road. What kind of gap are you referring to? If it is a gap in insurance coverage, it is the length of time you are not covered. If it is the gap between groups, you can not exceed 63 days without coverage or the new group can apply a pre-existing condition clause. Need more information to answer properly. |
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Jihn
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I am assuming in my response that you mean gap insurance.
It is a coverage that pays the maximum of the amount you owe on a loan/lease and the actual value of your vehicle if it is totalled. |
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Tom
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you buy a car for $15,000,
then you drive it off the lot, its worth $12,000,
someone smashes in to it at the first stop light and totals it.
The INS pays you $12,000 as that's what a used car is worth, even with 5 miles on it.
oK that's extreme.
But figure it after a year and you've only paid about $1,000 on the principle of the loan but the year old car is worth $3,000 less than what you owe.
To pay off the car, you need gap ins.
so basically you paid a down payment and car payments fro a year and get to walk away with no debt, or a car. |
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