0
The frequency with which insurance premiums are paid is initially determined at the inception of the policy; the insured usually has the choice of frequency. Options typically include monthly, quarterly, semi-annually, or annually.
In some cases, premiums can be financed through a separate entity that is called a premium finance company. In those cases, the insured pays not only the premium, but a finance charge which is an interest rate calculated on and added to the total premium. The finance company usually pays the insurer in full up-front and the consumer pays periodic amounts to the finance company. If payment is not made, the premium finance company will request the insurer to cancel coverage.
Add your answer:
Earn +20 pts
Do divorced dads pay for childrens insurance?
Often, yes.
Are Veneers expensive with insurance?
Veneers can be expensive or cheap depending on your insurance. It all depends on what your insurance is willing to pay for. Often times, they are not too expensive when you can depend on insurance.
How often do you pay for life insurance?
You can choose to pay monthly, quarterly, biyearly, or yearly. The more frequent the payments, the more you pay though.
Does an insurance company have to pay the lien holder directly after an auto accident?
An insurance company generally does not pay the lien holder directly. The vehicle owner is responsible for paying for insurance coverage and will often deal with the insurance company themselves after a collision has taken place.
What happens if a car hits a tree will insurance pay?
Yes your insurance will pay for it because if you have good insurance it will pay for it
What are the best deductibles to pay on car insurance?
It is hard to say the best deductible to pay for car insurance since it will vary by person. It depends on how much a person could afford to pay out of pocket if they get into a pocket, and if a person thinks that they would get into accidents often.
In addition to rent people who live in apartments often have to pay for insurance?
Utility bills
DOES ACCIDENTAL INSURANCE PAY?
If you have accidental insurance then it will pay, if not it won't.
How do insurance companies pay doctors?
how to insurance companies pay doctors
What does per occurrence mean in insurance?
Per Occurrence in insurance means its time an event occurs. Consumers often see this on auto insurance, when they find out the deductible amount they will pay each time they have a wreck.
If both your primary and secondary insurance are the same will both policies pay?
If both policies are with the same company, and if you or your employer pays the premiums on them, then yes, they both pay. That is actually common; quite often the husband's insurance through his employer is through the same insurance company the wife's job has.
What is the definition of supplemental insurance?
The definition of supplemental insurance is additional or extra insurance that you can get to help pay for out-of-pocket or services that your regular insurance will not pay for.
