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What else can I help you with?
Do you need to keep copies of business insurance policies that have expired?
Any document that could be admitted as "evidence" in a court of law should be kept for at least seven (7) years. Keeping those policies, even though the date of coverage has expired, is you proof positive that you indeed had proper insurance coverage during the aforementioned time period.
Should you keep expired passports for any reason?
No, you should not keep expired passports for any reason. It is recommended to destroy them to prevent misuse or identity theft.
What should I do with my expired passport?
You should not use an expired passport for travel. Instead, you can keep it as a form of identification or return it to the government for disposal.
Will my insurance company find out my drivers license is expired?
Yes, your insurance company can find out if your driver's license is expired. When you apply for or renew your insurance, they typically check your driving record, which includes the status of your license. If they discover that your license is expired, it could affect your coverage or premium rates. It's best to keep your license current to avoid potential issues with your insurance.
Who has copies of an insurance policy paper?
Your agent should have a copy of your policy, as does the underwriting department of the insurance company, and you should have a copy of the policy. I recommend making and keeping multiple copies of all policies. Possibly keep one copy of each at your home and other copies off premises. You have a proof of insurance card for the car. There is no good reason to keep a copy there. You may want to store at home with your other policies and other copies of policies at a safety deposit box in case a storm or fire affects the home.
Name something people keep in a safe?
Money, jewelry, will, gun, insurance policies
Can I keep my expired passport as a memento or for any other purposes"?
No, you should not keep your expired passport as a memento or for any other purposes. It is recommended to return it to the issuing authority for proper disposal.
What is the difference in participating life policies and non participating life policies?
Participating policies are life insurance policies that pay dividends, where dividends enable you (the policyholders) to participate in the insurance company's favorable experiences (such as higher than expected investment returns or lower than expected operation.) Non-participating policies, historically belong to the stock companies where the company's favorable expenses were paid to the stock holders, rather than the people who own policies within the insurance company. Even though the participating policies were mostly offered by the the mutual insurance companies, due to consumer appeals to receive dividends, stock companies also started offering participating policies. You should keep in mind that the dividends are not guaranteed and it is illegal for insurance agents to make future projections (where the participating policies also tend to have little higher premiums.)
How long should you keep invalid passports for?
An expired passport can be used when applying for a new one.
What are the recommended car insurance policies for bad drivers in Texas?
If one has a poor driving record, one will be required to purchase a high-risk insurance policy. These policies are very costly, but they will be worth the value to keep your car on the road.
How long do you have to keep auto and home insurance policies?
as long as you want if other people think otherwise just sew
How long should an insurance broker keep records in California?
You should keep the records for a minimum of 5 years.
