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In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the insured, known as the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for payment, known as the premium, the insurer pays for damages to the insured which are caused by covered perils under the policy language. Insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Since insurance policies are standard forms, they feature boilerplate language which is similar across a wide variety of different types of insurance policies. The insurance policy is generally an integrated contract, meaning that it includes all forms associated with the agreement between the insured and insurer. In some cases, however, supplementary writings such as letters sent after the final agreement can make the insurance policy a non-integrated contract. One insurance textbook states that "courts consider all prior negotiations or agreements ... every contractual term in the policy at the time of delivery, as well as those written afterwards as policy riders and endorsements ... with both parties' consent, are part of written policy". The textbook also states that the policy must refer to all papers which are part of the policy. Oral agreements are subject to the parol evidence rule, and may not be considered part of the policy. Advertising materials and circulars are typically not part of a policy. Oral contracts pending the issuance of a written policy can occur. From Wikipedia under the
GNU Free Documentation License  isnare.com David Livingston Sun, 06 Sep 2009 16:00:00 GM Perhaps the most significant piece of information you must bear in mind is the type or form of . insurance. that you are about to commit with. Consider this : which will benefit me more? A permanent . insurance policy. fixed with payments and ...  autoquotenow.com Ricky Lawrence Wed, 02 Sep 2009 01:39:03 GM In securing a new car . insurance policy. , there are a number of essential things to keep in mind. One important thing to remember is that there are vari.  onlinecheapinsurancequotes.blogspot.com C.Ladsila Sun, 06 Sep 2009 12:37:00 GM Then one day she thought of the Whole Life . insurance policy. they had been paying on several years. She remembered the young salesman sitting at their kitchen table explaining benefits of the whole life . policy. without dying versus term ... From Google Blog Search: "Insurance policy"
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 news.google.com CBS 3 Sestak strongly advocates optional government-run insurance coverage as a key element of a comprehensive reform plan, like the pending House bill he helped ... and more » news.google.com Fort Worth Star Telegram Aside from the discount cards, the company also sells a limited-benefit health insurance policy , and that causes confusion among agents and customers, ... news.google.com guardian.co.uk Boulger says: "If the vendor has some kind of specialist insurance policy , say for the over-50s or for civil servants only, and the buyer does not fit the ... From Google News Search: "Insurance policy" Can you resume your auto insurance policy one it was canceled? Q. Can you resume your auto insurance policy one it was canceled? ok it was canceled 5 months ago I wasn't using the car so I didn't need insurance at a moment. Now I am planning on using the car again. Can I just call them and ask them to send me a monthly fee and get insurance resumed or do I need to go to insurance place and talk to Insurance sales agent and pay $200 finders fee again? I don't want to pay those fees again. Is there a way to resume my insurance without those extra fees. I am a California resident. Asked by vetal_2007 - Sun Oct 7 23:57:32 2007 - - 7 Answers - 1 Comments A. You will have to start a new policy with a new application. You should call around and get another agent. The $200 finders fee is excessive. Our agency used to charge a fee of $20 for new assigned risk policies ONLY because of the large amount of paperwork, low commission and high cancellation rate. We would never charge that on any other policy. Pick up the phone book & call other agents. Call someone that has a list of companies they represent under their name. When you call ask if they charge a finders fee. If they do, call someone else. I was under the impression that "finders" fees are limited. Call the CA Dept of Insurance to find out if they are limited in CA. You won't be able to avoid a new application but you certainly… [cont.] Answered by Sue - Mon Oct 8 06:36:00 2007 What happens to the Life insurance policy if the petitioner gets a death sentences? Q. I'm just curious about the following scenario Lets say someone has a life insurance and get a death sentences. Would the life insurance policy be automatically void? Asked by March Hare - Mon Apr 27 23:58:34 2009 - - 4 Answers - 0 Comments A. I am sure that is one of the exceptions. Right next to suicide is probably the one about "being involved in criminal activity that resulted in death..." Even if it wasn't... it takes up to 20 years from death sentence to execution... that insurance company would have to be paid 20 years worth of premiums while the policy holder sits behind bars and waits for his timely death. Chances are that they will cancel his policy on him as soon as they find out that he is behind bars... Answered by unknown - Tue Apr 28 00:05:53 2009 Insurance Benificiary after divorce and not listed on the policy?
Q. Can my girlfriends step son request money off an insurance policy where he has NOT been named benificiary? The 24 year old's mother is stating that according to her divorce agreement he is entitled to 20% of any insurance policy. He did receive his 20% on policies where he was named beneficiary. Asked by rudph60 - Thu Nov 20 16:44:59 2008 - - 4 Answers - 0 Comments A. If the divorce was before the death, it seems as if the stepfather would not have any financial obligation to his former step-son. If the man had any children of his own, most likely any benefits would go to them if the stepson isn't listed as beneficiary. It sounds to me as if the mother is greedy, but she will need to check with her state divorce and inheritance laws. She definitely needs an attorney if she's going to follow through on this claim. Answered by GidgetGirl - Thu Nov 20 16:52:31 2008 From Yahoo Answer Search: "Insurance policy" |
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