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Can i collect on both sides my insurance and the faulted drivers insurance i have a lien holder on my car a?
Wiki User
∙ 11y ago
No, you can't. When you collect from your insurance company, they will pursue the other driver's insurance because the accident wasn't your fault. When your insurance company finds out that you collected from the other insurance company already, they will come after you. It's called double-dipping and it most likely wouldn't end well.
Wiki User
∙ 11y ago
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Can you drive any car if am not the policy holder?
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Can I collect maturity amount from insurance company?
Yes you can collect your maturity amount from insurance company. Infact insurance company send you an information in advance to policy holder regarding the maturity of the policy. The policy holder required to fill the form along with documents attached as per requirements. If the paper work is done properly and verified then the payment is either sent by post or directly credited in your bank account.
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is it a policy holder?
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policy holder
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The holder is the owner, In the case of Life Insurance , the person paid is the beneficiary .
What is the holder of an insurance policy called?
Insured.
A friend of the family that does not have a drivers license but a permit wrecked your vehicle does your insurance cover the damages to your vehicle?
they should as long as the permit holder had a licensed driver with him. now, it would help if that person was on the policy.
What does it mean to be a general liability insurance certificate holder?
If you are named as Certificate Holder on a Certificate of Insurance, the insurance company MAY or (in some instances) HAS TO notify you if the policy cancels prior to the renewal date.
Who needs lien insurance?
The lien holder would. A lien holder has a financial interest in the property
Can banks collect on a customers Death Life insur they had on loans?
YES - if the loan account holder had pledged the insurance policy as a collateral/security for his loan. NO - if the insurance policy wasn't pledged as collateral. But, it is the obligation of the family members/legal heir of the deceased to complete the loan formalities and pay back all dues to the bank in case of the unfortunate demise of a loan account holder.
Can a US creditor collect on an unpaid credit card when the holder lives in Europe?
No
What is sum assured in health insurance?
Sum assured is the minimum amount payable by the insurance company in case of death of the policy holder. In such case the policy holder select the sum assured or coverage. Than it is mandatory for insurance companies to pay out this sum in case of the unfortunate death of the policy holder.
