You can lose your medical insurance coverage in two ways: One is if your health insurance policy already expires. For example, the renewal date of your health insurance is May 8th, then your coverage is only good until May 7th if you don't renew it. Another is if you haven't paid your premiums. In that case, ask your health insurer or broker if the insurance company allows a grace period and how long that grace period is before you lose your coverage.
One good thing about short term insurance is that you do not need to pay as much as long term insurance would need. One bad thing is that once insurance is out and you get into a dilemma after it expires, you need to pay for the full damage.
Theft will be covered by most auto insurance policies as long as you have full coverage insurance. It will not be covered if you only have liability or basic coverage.
There is no grace period for claims after a lapse in coverage. The moment your auto insurance "lapses" is the moment you have "No Coverage" from that moment forward you have no coverage for a claim until you get coverage again.
A change in the amount of life insurance provided by your life insurance policy is determined by the coverage you have. A permanent life insurance policy usually provides the same amount of life insurance protection for your entire lifetime, as long as you pay the premiums. A term life insurance policy lasts for a temporary period of time. Usually, term life policies are issued for 1-30 years. A 10 year term life insurance policy provides protection for 10 years. if you outlive your policy term, the coverage expires. A level term life insurance policy provides coverage and premiums that remain the same each year for the entire term of your policy. A decreasing term life insurance policy provides premiums that remain the same each year, but the amount of life insurance decreases each year until the end of your policy term. There are other term life insurance plans that may provide less coverage after a certain age, or your policy term expires after a certain age.
Maybe a month or 2
Life insurance rates will change with your age, but often this depends on how you ask the question. With most insurance policies your rates are locked in depending on how long your policy term is. Once your policy expires you rates with increase upon renewal because you are older at the time of renewing it.
Yes. As long as you keep the premiums paid, once it has been rebuilt you should have the same insurance coverage as before.
In California, anyway, you need full insurance coverage on a car the whole time it is financed. After its paid off, you can drop a bunch of the coverage and just carry liability.
As long as it's street legal
life till death
if you upgrade from liability to full coverage how long till it takes affect