Saturday, November 9, 2013

Insurance

QUESTIONS TO ASK THE INSURANCE AGENT Policy _ What type of insurance is it? What burdens does it bilk? Who does it cover? Premium _ What is the centre of the agio? _ How is it to be paid? (in cash, deducted from the loan, etc.) _ How frequently is the premium paid? (monthly, quarterly, annually) Benefits _ What benefits does the insurance constitution guarantee to the policyholder? _ Which events impart motivate payment of the benefit? benefactive role _ Who thunder mug be named as a beneficiary? _ How some beneficiaries can be named? _ Are at that place particular provisions if benefits are paid to a named beneficiary who is a child? Does the insurer notify the beneficiary? Claim _ How a allege is submitted? _ What type of documentation is needed? _ When should a produce be submitted? Exclusions _ What events are named as exclusions to this policy? Eligibility _ What are the criteria for who can l of all timeaging this insurance policy? Deductib le _ What is the list of the deductible? _ Does this amount ever vary? Is it the same for each claim? _ What if the cost of the event (the loss or medical checkup expense, for example) is less than the deductible amount? Waiting Period _ When will the policy be active? _ What if something happens to me during the wait period?
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