Faq Insurance
What values can be insured?
Practically, any values. There is a high probability that there will be an insurance company on any subject of insurance. Naturally, it will insure for a certain payment. At the same time, at the majority of people rather similar requirements: to insure a motor vehicle, real estate, health, life or other property on an emergency.
By what general instructions the insurance companies are obliged to be guided?
The majority of aspects of insurance is covered by laws of the given staff. The basic exception of this rule constitutes insurance of health working. It concerns area of the federal right, in particular, to the law on the pension income of workers from 1974. In case you had questions on the insurance policy, or on actions of the insurance company, first of all familiarize with the maintenance of the text of the most insurance document more attentively. If for any reason an ambiguity remained, address in the insurance company for an explanation. If also it hasn’t helped, will ask for suggestions the lawyer or at the specialist in management on affairs of insurance of the given staff. It is necessary to mean: if it is represented to you that the insurance company has admitted concerning you injustice, isn’t excluded that the law will appear on your party. It is important that practically in all states the law is faster on the party of the client, rather than than the insurance company.
Whether it is possible to trust the insurance agent completely?
Perhaps, it is not necessary to rely on promises of the agent recklessly. It is useful to demand also a written explanation of statements of the agent from the company on its letter-head. It is especially important for specification of the sizes of the insurance. Agents no means always consist on a permanent job in the insurance company, and while you will be going to present the claim, your agent can already not be registered in its numbers. As a whole, as the agent aspires to sell the given insurance policy, he is more likely inclined to tell to you that you would like from it to hear to convince to make purchasing. But if will reach the conflict to the company, you will be helped hardly by an argument that you have relied on oral statements of the agent which have dispersed from the maintenance of the written policy. If you buy expensive enough insurance, or if you can’t understand this or that position of the text of the policy, address for the help to the lawyer to avoid annoying oversights.
At what moment it is possible to consider itself insured?
As a rule, the client is considered insured only after its statement is confirmed also the insurance policy is published. Some insurance companies demand from clients of advance payment to filing of application. Thus in default on your statement the sum of money will be returned you.
And if I was late with payment?
The majority of insurance policies provides preferential term during which you can grant the required sum and by that to prevent insurance interruption. From the insurance text be convinced, what this grace period. Moreover, even if in the policy it is told nothing about this term, it can be provided the law of your staff. About it it is possible to learn in management of insurance of staff.
How the insurance sums are quickly paid?
The legislation of the majority of states provides monetary payments by the insurance companies during a definite period, as a rule, from 30 till 60 days. Is usual insurance company which detains payment or refuses payment without the weighty reason on that, breaks the existing obligation to run business fairly and honesty. In this case you can receive from the company not only due to you under the law money, but, probably, as well the additional sum in the form of punishment for infringement of laws. But to achieve compensation from the insurance company, you should start against it the judicial claim, and it can demand considerable costs of time and money.
Whether I can insure the collection of ancient coins and period furniture, pictures, sculptures?
Yes, these objects can be insured under the special agreement of the parties and under condition of granting of documents of competent authorities about their estimation.
Whether it is necessary to produce property photographing at insurance contract formation?
A number of clients on it draw and consider that the given procedure should be obligatory in independence of cost of objects to avoid possible disagreements during settlement.
Whether there is a possibility to insure property without survey by the specialist?
The conclusion of contracts of insurance of structures (summer residences, country houses), cost to 30 000 US dollars, and also apartments is produced without survey. The conclusion of contracts of insurance of structures in cost from 30 000 US dollars to 50 000 US dollars is performed without survey, but with granting of photos insured property. Structures in cost over 50 000 US dollars are insured with survey.
About the Author:
The severe competition will force insurers to reduce the prices that will favorably be reflected in consumers. The American insurance companies insure life, health, the material assets, almost all types of service and different kinds of responsibility.
