Each insurance company is different and its possible they do. Call your agent or broker to get a better answer.
A reinstatement option is a clause in an insurance policy that allows the policyholder to reinstate their coverage after it has lapsed or been canceled due to non-payment of premiums or other reasons. Reinstatement options are typically offered within a specified period after the policy has lapsed, and the terms and conditions of reinstatement may vary depending on the insurance company and policy. To reinstate a policy, the policyholder usually needs to pay the outstanding premiums, interest, and any other charges that may apply. In some cases, the insurance company may require the policyholder to undergo a new underwriting process or provide additional information before reinstating the policy. Reinstatement options are beneficial for policyholders who may have missed premium payments due to financial difficulties or other reasons but still want to maintain their insurance coverage. It allows them to continue their policy without having to purchase a new one, which may be more expensive or require additional underwriting. However, it's important to note that not all insurance policies offer reinstatement options, and the availability and terms of reinstatement may vary depending on the type of insurance and the insurance provider. for more information message me
Condition 2, does not apply to the M9 Service Pistol.
Rate of depreciation = 1-(salvage value/Cost of asset)^(1/n) n-> useful life of the asset. This rate of depreciation is charged on the net book value of the asset of each year.! The depreciation rates are high at the start and low towards the end of useful life of the asset
No.
No, most states require that pre-existing conditions be waived when moving from a group policy to a group policy. Pre-existing condition clauses apply when the break in coverage is greater than 63 days.
check policy definitions - if not defined in the policy - the dictonary definition would apply
Yes. Most health insurance policies have a grace period for you to pay that is mandated to be at least ten days. After that your policy is cancelled and you have a reinstatement period. That is mandated at either 10 or 30 days. After this period your insurance is lost for good and cannot be reinstated. you must re apply as a new member.
Condition Two does not apply to the M-16 rifle. Condition One is: A round is chambered, or ready to fire, and the safety is on. Condition Two is the same, plus the hammer is forward (handgun). Since the M-16 does not have a hammer it does not apply.
Yes True
One can apply for a contents insurance policy by filling in the relevant forms for companies such as Aviva or Cornell. They will readily supply the forms upon request and the terms and conditions that apply for the insurance.
apply Group Policy and Read
You can always apply for reinstatement at the Department of Business & Professional Regulation. (DBPR). They will guide you in the necessary steps to take to reactivate your license.