 Is life insurance considered part of an estate? |
| My father in law passed away and we have threats to sue his estate by his landlord. He had no money, only life insurance. Can they sue us for the life insurance money?... |
|
 Should fat people and smokers get a discount on their health insurance? |
"Fat People Cheaper to Treat, Study Says
Preventing obesity and smoking can save lives, but it doesn't save money, researchers reported Monday. It costs more to care for healthy ... |
|
 Is ANYTHING being done about health insurance? |
| is there a solution to this nightmare, or are we going to have to take our retirement to pay on our premiums? ( That should last about a year )... keep our premiums up, so they can tell us, THAT�... |
|
 Life insurance for diabetics? |
| I'm looking for 400,000 dollars in life insurance for my husband. The problem is that he is diabetic and on insulin. Is there any company that offers diabetic coverage?... |
|
 Can I really save some money by switching to Geico? |
| Just wondering if i should interupt my life to do ... |
|
 Is my insurance company right (UK)? |
| I had student's possessions insurance with Endsleigh. I paid an extra premium to insure my laptop for £1000 (which was the brand new value 3-4 years ago). The laptop got damaged whilst ... |
|
 My wife was just moved from full time employment to partime employment and lost her insurance coverage,? |
because she was having health issues. Is this even leagal?
Additional Details
They moved her to partime she did not volunteer.... |
|
 When will i have enough money to lead a luxurious and peaceful life? |
| at present my life is miserable in all aspects. i have to do all the household menial chores on my own as i have no maid . econmically also i am dissa tisfied with my life as expenditure is more than ... |
|
 Is it against the law for doctors office to charge someone with Medicare for a doctors visit? |
| I dont know the answer to this, thats why I am asking....My pop has medicare and went to see the doc and he payed 60 dollars up front and my friend said that its against the law, anyways anyone know ... |
|
 I need help paying my hospital bill? |
| .I dont have any insurance and i had to go to the hospital I can not pay this bill it is to much for me to pay . Please help me pay my bill I need to know if the goverment can help me pay this bill .... |
|
 Why does having health insurance before being diagnosed with a serious condition make a difference? |
| My toddler has type 1 diabetes. When she was in the hospital right after being diagnosed I had a conversation with one of her nurses. This nurse told me a story about how before she got her job at ... |
|
 Insurance Query? |
| Is a Property owner who's property is damaged by a Car responsible for part payment of the damage done by the Driver? regardless of cost surely its not the victim of this damage who should have ... |
|
 How do you find the insurance information for the registered owner of a car? |
| The Person driving the Car that hit our car gave the officer HIS policy information. NOT the registered owners policy information. When I called the Insurance agency They told me They do not have ... |
|
|  |
laralipstick | Why are my insurance company only offering £200 for a TV that was £1000 four years ago? |
I have old for new policy, you cant buy a tv for £200 anymore are they in their rights to do this?
Additional Details
Times have changed thats why they sould be replacing my tv with something that is the same, which they cant do as they dont exsist therefore they should replace it with something that is as high spec as to what my tv was 4 years ago not a bloody portable. |
 |
 
Here Kitty Kitty!!!
 |
the times and technology have changed...look at the new plasma, hd, etc. tv's that have come out in the last 4yrs....you might wanna read the fine print of your contract. |
|
Sue
 |
If your policy in the UK reads similar to the US, you get actual cash value until the item is replaced with like kind & quality. They do this because if you decide NOT to replace, the actual cash value is making you "whole". which is the basic premise of insurance. If you upgrade, you have to pay the difference between a like kind & quality item & the upgrade. The best person to ask is your adjuster but I bet this will be the answer. Also, an item is not really obsolete unless it is no longer usable(and it is sitting collecting dust). |
|
Quixotic
 |
I don't know about in UK, but in the US there is a higher level of coverage that pay's replace cost, not current value. |
|
mbrcatz
 |
Your tv is obsolete, you're telling us. You don't get "state of the art" for "state of the art", your policy is "new for new, like kind and quality." Somebody, somewhere, has that kind of tv sitting on a shelf collecting dust for $200. You don't get an improved tv, sorry. |
|
Amy
|
Insurance companies use loss adjusters. Loss adjusters always know a place you could get your product replaced for less than you think.
Loss adjusters can basically always knock down the cost of your goods, and if the Insurer wants to offer you a cheque for the lot, her job is to keep that cheque down to a minimum. |
|
Gambit
|
If you have something similar to a Replacement Cost endorsement on your policy (your "old for new policy" statement indicates to me that you do), then the insurer is responsible for the lower of: a) repairing the property with materials of similar kind and quality; or b) replacing with new articles of similar kind, quality and usefulness. Your T.V. might have been "high spec" four years ago, but with T.V. technology expanding at the incredible rate it has been over the last four years, what was "high spec" back then is common these days. What is considered "high spec" today would've cost at least three or four times what you paid for your T.V. four years ago (if it even existed four years ago), therefore demanding a "high spec" T.V. of today would be putting you in a better position than you would have been when the loss occurred, which is violating a principle of insurance. Therefore if the insurer has found a new article of similar kind, quality and usefulness for 200, then they are within their rights to offer it. |
|
Kat G
 |
You need to understand what you are covered for before you buy any insurance policy. The reason why the insurance company is not giving you enough money to replace your TV they are taking the year of the set into consideration is because you did not buy a policy with "REPLACEMENT COAST COVERAGE" If you would have purchased a policy with this coverage you would not have a problem now. Note, it would have been a higher premium but, worth it. |
|
mamatohaley+1
 |
You get like for like. What it cost to buy that tv today. Think about it... If everyone got to upgrade everytime they had an insurance claim the fraud would be out of this world. |
|
lm050254
|
I just can tell you the way we do in the USA. If you have a policy that pays cash value, will pay the amount of money that the loss is worth at the time, in other words they pay with a depreciation, but you can take a policy that pays "replacement value", in other words they replace at the actual cash value and also the company reserves the right to replace the item |
|
bundysmom
|
It's called DEPRECIATION. They don't owe you a new tv, only the depreciated value of yours--ya know, the one they insured. |
|
Emo Rabbi
|
Who cares about your tv there are emo kids out here dying |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 27 minutes(s) ago
| | | |
11 | 53 minutes(s) ago
| | | |
11 | 1 hour(s) ago
| | | |
11 | 6 hour(s) ago
| | | |
11 | 10 hour(s) ago
| | | |
11 | 1 day(s) ago
| | | |
11 | 6 day(s) ago
| | | |
10 | 2 week(s) ago
| | | |
11 | 1 month(s) ago
| | | |
10 | 5 month(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
