culture
What is the most common way to transfer risk?
The most common way to transfer risk is through an insurance policy, where the insurance carrier assumes the defined risks for the policyholder in exchang...
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What to do when someone gives you expired insurance?
File an SR-19 with the Department of Motor Vehicles. The DMV will attempt to get the insurance information from the other driver (if he does not respond, ...
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What is compulsory PA cover?
Compulsory Personal Accident cover protects you against self hazards caused due to an accident. Upto Rs. 15 Lakhs for Accidental Death. A life lost due to...
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What type of insurance is required by law for a business to provide for their employees?
A: Employers must purchase workers’ compensation insurance from either a licensed insurance company or through the State Compensation Insurance Fund (Stat...
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How many times can insurance be claimed?
No, it is not possible to file health claim with two insurance companies simultaneously. You will have to file a claim with the first insurance company an...
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What are courses for insurance?
Insurance Courses Available in India: B. A (Insurance), B. PG Diploma in Certified Risk and Insurance management. Certificate Course in Intermediaries in ...
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Does home insurance cover guests?
A: Likely not. The personal property of a paying guest would not be covered by a typical homeowners policy. So, if a fire occurs while a paying guest is s...
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What was the name of the legislation that created old-age insurance and unemployment insurance?
the Social Security Act of 1935 Amid controversy about the best way to deal with poverty in old age and with unemployment, the Congress established the ol...
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Why is fertility treatment not covered by insurance?
Many fertility treatments are not considered “medically necessary” by insurance companies, so they are not typically covered by private insurance plans or...
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Do you have to pay a deductible if you have full coverage?
In most cases, you do not have to pay your deductible if another insured driver hits you. The other driver’s liability insurance should pay for your repai...
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