12
Mar
If I paid an extra $99 dollars for insurance to so that my tuition money will be paid in full if I cancel, where does the money come from? The program in D.C. or the insurance company.
And how does the program and the insurance company work together to make the reimbursement possible?
Answer: when somone makes […]
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12
Mar
It doesn't make sense to me that Mortgage Insurance only pays you the mortgage amount left at time of death, while your premiums remain constant, unlike Life Insurance which pays the full benefit taken out originally.
Answer: Mortgage insurnance (AKA Creditor insurance) is a terrible product. It's been proven time and time again that purchasing […]
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11
Mar
I’m moving to as new 1br apartment and the building says I need renters insurance in the amount of $100,000. I’ve never bought renters insurance before so I need help. I would like the cheapest rate possible. I don’t have car insurance so matching it with other insurance isn’t an option to get a lower […]
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11
Mar
They need a DL# in order to match the premium to the risk they are assuming. A look at your driving record is necessary. They also need to verify that you indeed do have a valid driver's license.
Answer: That’s impossible, why insure something you won't be able to drive?
Answer: Huh? Why are you buying […]
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11
Mar
Or can I deduct payments from my taxes?
Answer: COBRA premiums paid by Qualified Beneficiaries through February are not reimbursable under the new COBRA subsidy. If you’ve already paid for March your former employer (or COBRA administrator) can either issue you a refund of the 65% of March premiums which your employer is now responsible for, […]
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11
Mar
What I mean is that I need to have corrective surgery. Since my employer is paying for my health insurance, does the health insurance carrier have an obligation to report my condition to them? …or is this information private, and they need my consent to do this?
My concern is that I’ll be let go if […]
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11
Mar
Does WORKERS COMPENSATION cover stress from work?
Answer: Depends on the jurisdiction. This is one of the areas that could go either way. Both celebrations have to prove that the work caused the stress or vice versa.
For instance, if you where doing your job and you fell behind and your manager is mad at you for […]
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10
Mar
I got a damage settlement on ice damage to my home. I can do most of the work myself. Do I need to supply the insurance company with proof that the damage has been fixed and what I spent the settlement on??
Answer: Nope….you’re not required to show that the work was done. […]
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10
Mar
What would this mean? “they got to the point of origin of the fire but there's nothing to lead them one way or the other so the fire will be ruled undetermined” Could it mean that arson cannot be ruled out?
Answer: Undetermined means that they don't know what caused it. Nothing has been ruled […]
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9
Mar
B.S. in Economics and a minor in Mathematics. I am thinking about getting a Masters in Quantitative Economics too.
Answer: It does not matter how many degrees you’ve, if you have never been an actuary before you need to begin with an entry level position; years of experience is mandatory to become a full actuary as […]
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