0
What can an insurance company do if you breach a policy condition?
Wiki User
∙ 12y ago
- lose your right to claim Part 7 benefits,
- lose your right to have your accident-related vehicle repairs paid for by ICBC,
- lose your right to have ICBC defend you in a lawsuit for damages as a result of a collision,
- lose your right to have ICBC indemnify you for any court judgment against you or settlement paid out as a result of your negligence.
This means that not only can you lose your insurance benefits, you may ultimately have to pay the costs of a court judgment or settlement for the injuries/damages caused in a collision. In the most serious cases this can result in millions of dollars of personal exposure!
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Can you sue if a company did not let you advance as stated in their policy?
If the provision of advance payment is there in the policy bond, you are at liberty to sue the Insurance Company for breach of contract.
Medical condition that you had before you got a policy from an insurance company?
pre-existing
Is it illegal for an insurance broker to tell someone other than the beneficiary of the policy how much the policy was paid out?
Whilst not illegal it does fall foul of FSA rules and is considered a data breach which can be reported to the FSA or the data breach officer. If you contact the company who caused the breach you may be able to claim some compensation via a complaints process.
How can you find a life insurance policy if you have insurance company name and policy number?
You can call the insurance company and provide your policy number, and they can provide any details on your policy, or send a duplicate policy if the original was lost.
How do you contact Life of Georgia insurance company?
I have a term life insurance policy that was fully paid in 1980. This policy is through Security Life Insurance Company of Georgia. How do I cash this policy in? I am unable to find the company !
Can you get a print out of your life insurance policy?
Yes, your agent or the insurance company can provide with a copy of your insurance policy.
The policy summary in a life insurance policy must include the insurance company's?
ADDRESS
How can your company be contacted about an old insurance policy?
The insurance policy is from Prudential and from the state of Indiana.
How does one end Private Mortgage Insurance?
Contact your lender or the insurance company listed on the policy.Contact your lender or the insurance company listed on the policy.Contact your lender or the insurance company listed on the policy.Contact your lender or the insurance company listed on the policy.
What happen to an old insurance company called Commercial State Life Insurance Company?
How do I find out who has my policy I had with Commercial State Life INsurance Company
Will your car insurance provider drop your insurance coverage if you had a car accident while driving due to a serious health condition?
That will depend on when the condition was discovered. If you knew about it when you wrote the policy and did not disclose that then the policy is considered void because you misrepresented yourself. If it is a condition you did not know about then likely they will ask for proof that it is being properly controlled and monitored by a doctor. It would be best to be honest with your company and go from there because it will vary from company to company.
What is coverage?
what the insurance company includes as part of the insurance policy.
