Depending on the state and size of employer, there are situations when employers can change or stop the insurance benefits they offer to employees.
Yes, you can. Call the life insurance company and cancel the policy.
The same as with any insurance policy. You just contact the company and inform them you would like to cancel your policy. You can also stop paying the bill.
After the stop loss is reached the insurance company normally pays 100% of the losses. Read the policy to make sure that this is the case as different policies can vary.
It deepends on company policy. Most likely, the company has insurance which will protect their interests, but that does not necessarily let the employee off the hook, unless company policy is to cover it for the employee. Otherwise, you may find your employer or the insurance company asking you to reimburse them. But in a situation where employees drive customers' cars, I can't imagine there isn't a written policy covering just this eventuality. And I can't imagine you haven't read and signed a copy of it.
No. I don't have the citation off hand, though. If nothing else you'd probably qualify for HIPAA.
Doubt that you can, insurance companies cannot simply cancel a policy for no reason, if you feel you have been unjustly concancelled contact your states dept of insurance and file a complaint.
Yes. Insurance companies agree to cover the events listed in their auto policy for an agreed upon premium. If you stop paying the premium, they'll stop providing coverage. If the company has extended coverage on your behalf, you could still owe them money for "premium earned" after cancelling it.
Yes, this is one option. You could write a letter to the insurance company requesting cancellation of your policy. Or, you could stop paying the premiums and the policy coverage would lapse and be canceled for non-payment of premiums.
Not sure I understand the question but if the policy was already issued, then there should be no problem. Once a policy is issued, it cannot be cancelled by the insurance company unless, among other things, premiums are not paid or fraud is involved.
For term it is when you stop paying. When do you want it to be?
What kind of insurance? Life? Yes, you can simply stop paying. If it is a cash value policy you can surrender it.
Once you have defaulted on your mortgage or have gone into foreclosure all your rights on the homeowners policy are null and void. all rights of recovery revert to the Mortgage company. Basically you become uninsured and the mortgage company remains insured through the policy term. Also if the policy gets cancelled due to the foreclosure any refunds belong to the mortgage company.