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Q: What is The dollar amount you have to pay before an insurance plan takes effect and the insurance company starts paying called?
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The required initial amount you pay before your receive insurance benefits is called the?

its called the deductible. ask an insurance company about it.


Is there a such life insurance company as federal life insurance company?

There is an insurance company called Federal Life Insurance Company.


How can risk of a company be prevented?

How can a risk of a company be prevented is by taking an insurance policy. Now, What is insurance? Insurance is the agreement between two partners to undergo a certain agreement in case of any unfortunate circumstances. The first partner is called the insurance company(insurer) while the partner is called insured, which is the person taking the policy. For a company to be prevented from risks it will has to take an insurance policy; for this risk occurring the insurance company will has to pay a certain sum of amount (called premium) to the company in other to cover half or almost the risk. So, with this, the company will be prevented from risks of any nature.


What do you need to do to a title before you send it to an insurance company?

Nothing. In fact, they don't require a copy of the title. I recently got my pink slip and called my insurance and had them take off the loan company. That was it .


Have you ever heard of a company called Perpetual Insurance?

Perpetual insurance is not a company, but a form of homeowner's insurance, which has no date of expiration.


How do you locate an old insurance company called interstate life accident insurance company located in Chattanooga Tn in the 1968?

Before an insurance company can sell insurance in a certain state, it must register with the State Dept of Insurance. If the company is sold, then it must notify the Dept of who it was sold to. If it just closes down, its policies were likely sold to another company, the Dept will have to be notified of that as well. Contact the TN Dept of Insurance and inquire there.


How soon does life insurance become active?

It all depends on the face amount and how much underwriting is involved. The bigger the face amount, the longer it takes. (More medical information required.) If you give the equivalent of one month's premium, most policies have what is called a temporary insurance agreement. This puts a certain amount of insurance in-force as of the date of the application. This amount differs from company to company, but it usually is up to $250,000. Once you have passed the medical and consumer underwriting, the insurance company issues the policy. On the date of issue, the face amount applied for is put in force and the temporary agreement is cancelled.


How do you locate an old life insurance policy for an old company that moved called the national life insurance company of the us based in Chicago il?

Before an insurance company can sell insurance in a certain state, it must register with the State Dept of Insurance. If the company is sold, then it must notify the Dept of who it was sold to. If it just closes down, its policies were likely sold to another company, the Dept will have to be notified of that as well. Contact the IL Dept of Insurance and inquire there.


What insurance does Abbey Home Insurance provide?

The type of insurance that the company Abbey Home Insurance provides is called home insurance. The company provides automobile and motorcycle insurance as well.


What is the best medical supplemental insurance?

The amount and type of insurance coverage should be determined by your age and existing or future medical condition. Insurers are rated by the company called Bests Rating Service.


What does the company Tech Insurance provide?

The company called Tech Insurance provides small businesses with cheap technological insurance. This insurance protects the company insured from liability if a technological error occurs.


What is an insurance company statistician called?

actuaries