Questions tagged [insurance]
The promise that something will be paid in case of loss. Used to cover important items and reduce personal risk. This tag covers how to get it, how to keep it, what kind, and why you should have it.
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Any other financial services like Vantik? [closed]
Since Vantik went bankrupt, is there any other company that provides similar services (investments insured against losses until you reach your pension age so that you get at least your own money in ...
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How old a car needs to be for one to request diminish value claim
I am based in NC. My car was hit by another vehicle. The person who hit us, his insurance company paid for repairs. My car is from 2015.
When I made request for a diminished value claim, I was told “...
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How to deal with insurance after car accident
My car met with an accident early January. The doors were slammed and the person who hit our car admitted his fault and confirmed his insurance will take care of expense. This is what happened (...
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Why would an insurer ask for a voided check instead of account+routing numbers to send an electronic funds transfer (EFT)?
Some insurer in the US has to send me some money. They wrote me the following:
If you would like an EFT deposit we would need a copy of a voided check.
Why would an insurance ask for a voided check ...
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Annuity money is not insured?
I am thinking of buying an annuity. I am worried about the following words on the contract. Is it the standard way of an annuity? If something goes wrong, will I lose ALL my money? I am in the USA.
...
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Insurance Fees on Withdrawal on Trade Account [duplicate]
The company is called Anvex Trades and they are based out of the UK. I have seen many inconsistencies in this account manager, and I can see it right through her lies. Yes, shame on me for falling for ...
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Dual insurance question
Here is the scenario: I am about to retire from the state of CA, but I will retain my State of CA health insurance (PPO--Anthem PERS Gold). I am going back to federal employment, and I have several ...
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Why do some whole life insurance plans have a Minimum Required Fixed Interest Strategy Allocation (MRFISA)?
Some whole life insurance plans have a Minimum Required Fixed Interest Strategy Allocation (MRFISA), which is defined as follows:
Minimum Required Fixed Interest Strategy Allocation (MRFISA): A ...
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How to handle income tax for weird insurance claim scenario
About 5 years ago, a dependent attended a treatment facility in another state. All of the insurance checks were sent to me and I forward them on, since the facility was out of network. We thought this ...
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What's an Index Interest Strategy Charge Rate in a long-term care (LTC) insurance plan?
I'm looking at some Life Insurance Illustration (mirror) for the Long-term care (LTC) insurance plan "Nationwide Indexed UL Protector II 2020" managed by the Nationwide Life and Annuity ...
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Orthodontist billed full amount and back dated with my new insurance, must it be billed this way?
I just got new insurance and they cover orthodontia as of December 2022. However, my braces were put on in October of 2022. The braces cost $5,500 and I have already paid $3,000 of this cost.
I called ...
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Can unpermitted work cause an unrelated insurance claim to be denied?
For example, if I install a deck on my property without a permit and then a hurricane rips my roof off, could the claim get denied?
Or if I install drywall in my garage and turn it into living space ...
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Can I make an insurance claim against the YMCA for the damage and theft from my car, which happened in their parking lot?
Clarification: Yes, we were negligent in placing the handbag in the rear passenger seat. We thought since it was dark and in an enclosed and busy parking lot, and the passenger windows were tinted, it ...
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Life insurance to cover care for an older relative
Suppose that I provide support for a much older relative. I worry that in the unlikely case if I die before the relative, the relative will not be provided for. Is there a life insurance that pays ...
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How does insurance work in the US in case of long hospitalizations?
I have been reading some advance directive (living will) documents online and I wondered what happens when one is in the hospital and is in a vegetative state. I am trying to cover my dependents and ...
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In Germany, do insurance payouts get taxed?
I live in Germany and I am a full-time employee.
I subscribed to insurance in a foreign country, on top of the German statutory insurance.
The main benefit of this insurance is that, after 5 years of ...
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The formula for a decreasing annuity (discounted by an interest rate) term life insurance?
Sometime when you are getting a quote for a term life insurance, they offer you 3 options:
For a period T, and amount insured A.
Fixed (payout is always A in the entire period T)
Linear desceding (...
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I got a USPS insurance check today for a package I got yesterday
So there was a USPS package I was supposed to have gotten on Sept 1, per Informed Delivery. I waited several more business days, just in case, and then went to the post office to ask about it and they ...
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Am I supposed to buy insurance when renting apartments in the US?
Are tenants supposed to have some kind of rented property damage insurance? What are the customs in the US?
In other words: should I find an insurance company that covers expenses if I damage anything ...
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Can I get money from both insurance companies because of a damage in parking lot?
Few days ago I noticed a damage on my car's body that was parked in my parking spot. There was a paper on the car that "Sorry for this happened, please call to talk about the insurance ...".
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How do I figure the true weekly cost of health insurance out of my paycheck if it's pre-taxed?
Obviously I know what the premium is, but if it's taken out pre tax then I won't be paying as much taxes on my paycheck every two weeks. The insurance is $556 a mo. but we only make $36k. $275+ each ...
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Does Auto insurance remain in effect for teen driver, if policy holders die
Sorry to ask this weird question.
Auto insurance is bought by Parents and names Parents as insured and lists teenager as authorized driver.
God forbid, if for some reason parents die( in auto or non ...
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Will insurance companies add a record to the Carfax if they only pay for the repair?
Few days ago I saw my car's door has been kicked by a jerk and there was a footprint still on the door. This caused a dent around 10-15 inches on the door and 2-3 inches of chipped paint. I called to ...
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If a home has increased in value, why would an essential component of the home depreciate?
My parents bought a new home a few decades ago, and since then the value of the home has increased significantly.
They just told me there is some damage to the roof (which is the original roof) and ...
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To what car value does Glass's Guide refer to wrt insurance?
If ones car is written off in an accident, a statement such as "We have used the Glass's guide for valuation of your vehicle" is expected from the insurance company one is dealing with. ...
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What is the point of term life insurance?
I am in USA.
I am trying to understand term life insurance. My husband makes $150K a year and wanted to get a term life. I believe the rule is 10 times your yearly salary so for us it would be term ...
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Are third-party vehicle insurances allowed to keep the no-claims class down in Germany?
Almost one year ago, I bought my first car. It's the first and thus far only motor vehicle registered/insured to my name. The insurance company just sent me this invoice:
They told me that for the ...
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Can one cancel ones car insurance after a no fault crash?
Five days ago I purchased a one year third party only car insurance on the internet, which I believe gives me 14 days cooling off period during which cancel it. Today I was involved in a collision in ...
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understanding 150% replacement cost on homeowner's policy
We'd like to switch our auto insurance from Company A to Company B because the premiums are significantly lower. Because both companies offer discounts for bundling home and auto, it might make sense ...
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Should I lower the liability limit on my homeowners insurance to match the minimum required by my new umbrella insurance?
I just got an umbrella insurance policy (from USAA); my homeowners insurance policy is from a different company.
Currently the homeowners policy has a liability limit of $500,000. Now, the umbrella ...
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What programs and or assistance is available to family when homemaker becomes disabled?
If a non-working spouse, homemaker/parent, becomes seriously ill (cancer) and disabled, what programs, assistance, insurance are available to such a family? A family not living below poverty line (...
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How to safely hire non-insured help
Is there any insurance policy I can get as a homeowner, as an apartment renter, or as a rental property owner that would cover me for liability if I hire someone for work on my rental property or my ...
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Apartment owner is listed as Additional Insured on renter's insurance policy
I have concerns about liability protection with my current renter's insurance policy in the US in the state of Texas. I would like to understand if there is anything more I can do or push on my ...
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Disability insurance available for severe events
I have health insurance, supplemental AD&D thru my company, short-term and long-term disability.
I have private small supplemental IDI as well.
If one were to fall ill with cancer or experience ...
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Why is the mandated minimal liability car insurance coverage so high?
All over the world, you need car insurance that covers the damages you do to others. In Austria and Germany, this insurance has to cover at least 7 790 000 € of damages. Isn't it a bit high?
This ...
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Is Home Sale Legal Protection worth buying?
I'm selling my home and curious if "Home Sale Legal Protection" plans are worth purchasing. They are self described as covering the cost of lawyers for legal disputes about the information ...
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Why does third party only car insurance price depend on where you live?
It is in the news that car insurance is higher in areas that have a higher proportion of people of colour. This is an analysis that is very easy for anyone to do, so I thought I would see what really ...
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Premiums and Benefits of Insurance Policy [closed]
Are there any possible situations where the benefit of a policy be increased without increasing the premium for a limit policy that covers losses up to a certain point?
Would inflation/deflation be an ...
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What is a temporary layoff and how is it different than a regular one?
What exactly is a temporary layoff and how is it different than a normal one? How does it affect EI? If the company asks me to return to work, either in the same position or a different one, am I ...
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Does it ever make sense not to file a claim on my auto insurance to keep rates low?
Given that auto-body shops report repairs to a car to services like CARFAX, it is pretty much impossible to hide the fact that your car was in an accident.
Does it ever make sense to not file a ...
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Is it better to have non-employer-related pet insurance if you anticipate leaving the company?
Logically, pet insurance coverage/premiums are more expensive the older the pet is when it is enrolled (higher risk factors associated with age, no preexisting conditions, etc...). I currently have my ...
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Interpreting questions on EI report when doing temporary work
There are several questions on the bi-weekly employment insurance report that are difficult to know how to answer. I often work temporary jobs, a few weeks or months at a time.
Did you start a full ...
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Do you qualify for Medi-Cal if you are wealthy and just don't work?
If I'm reading the descriptions of Medi-Cal correctly, low income alone is enough to qualify you for free medical coverage.
So, if you are taking a sabbatical, working on your own startup (that isn't ...
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lifetime orthodontic maximums, do they reset if I leave to another insurance plan and come back a couple years later?
I had orthodontic work done on my son for a phase 1 and used some of his orthodontic lifetime benefits from insurance A. After he was done with phase 1, I changed to insurance B for a couple years. (...
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Is it normal that buyer's mortgage company is requesting to be added as payee on master insurance policy?
In selling a condo which is a typical unit in a four unit building, the buyer's mortgage company is asking for them to be added as a payee on the condo association's master insurance policy. Is this a ...
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Widely Varying Replacement Cost for Home Insurance
We are getting quotes for homeowners insurance on a property we are buying, and the estimated replacement cost for each quote is wildly different. We've gotten five quotes so far, and gave the same ...
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Is there a renter vandalism insurance
I'm renting out my house soon, it there some kind of insurance I can buy to protect me from renter vandalism? I'm living in the Northeast coasts of the US.
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I was asked to write a bill of sale for 6000 dollars over the amount actually paid
I was asked to write a bill of sale for 6k over the actual amount paid. The guy wrecked it and apperntly the insurance company is only willing to pay blue book. It is worth about 9k because it's ...
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Should retiree take insurance from employer or should he/she take from external insurance organization?
My dad is retired bank official in India. I want to know if he should go for health insurance provided by his employer or he should go for other insurance organizations, given say the cover is exactly ...
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Can a US LPR who changed their residency from California to Washington between Nov 2021 and summer 2022 opt out of the Washington long-term-care tax?
Can a US lawful permanent resident who changed their residency from California to Washington state between November 2021 and summer 2022 opt out of the newly established long-term-care payroll tax?
E....
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