The insurance company cannot charge you once your policy is over. However, you may get charges for overdue payments, or if you signed up for automatic renewal.
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Payment of insurance is nothing but the premium paid towards the insurance policy. The premium amount includes the charge of coverage per unit (for example, the charge of coverage for $1000 might be $10. So, to have an insurance coverage for $10,000 the charge of coverage would be $100) plus the expenses incurred by the insurance company for the policy.
Yes they can still charge you if there is unpaid premium due from before the expire date of your policy.
That you are covered by a health insurance policy, meaning that you have an insurance company that will pay certain amounts for certain physical problems, illnesses, accidents, operations, medications and so on.
In general, all rental companies charge for the 2nd driver or spouse. As the renter, you receive no additional benefit from this fee. If you have another car with insurance, it's very likely that your own insurance policy will cover both you and your spouse without purchasing extra insurance or additional driver coverage from the rental company. *Check with your own insurance company to be certain.
How can a risk of a company be prevented is by taking an insurance policy. Now, What is insurance? Insurance is the agreement between two partners to undergo a certain agreement in case of any unfortunate circumstances. The first partner is called the insurance company(insurer) while the partner is called insured, which is the person taking the policy. For a company to be prevented from risks it will has to take an insurance policy; for this risk occurring the insurance company will has to pay a certain sum of amount (called premium) to the company in other to cover half or almost the risk. So, with this, the company will be prevented from risks of any nature.
Some companies will charge you for listing extra drivers. In general, all rental companies charge for the 2nd driver or spouse. As the renter, you receive no additional benefit from this fee. If you have another car with insurance, it's very likely that your own insurance policy will cover both you and your spouse without purchasing extra insurance or additional driver coverage from the rental company. *Check with your own insurance company to be certain
I believe you are asking about waiver of insurance policy premium. There are certain insurance policies like children's plans, where even if the policy holder (Parent) is no more, the insurance company would waive off the premium payments and continue to provide the benefits to the policy beneficiaries (Children)
It depends on the Insurance company. somne do not charge for minor violations, while others charge only of you have more than one minor, and then there are those which charge for anything. Unless, I knew the company I would not be able to say if your company will charge or not. No company will charge you a higher premium during an existing policy period, how,ever they have the right to re-evaluate your risk factors if taking out a new policy or at renewal.
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.
Department of Motor Vehicles in any state. If you don't report when getting policy, when the insurance company does their quarterly check, the will know and they will charge you accordingly for the policy. Or, if you lied on the policy, they can drop you.
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 !