Tag: "Texas"
What If My Insurance Company Goes Bankrupt?
Readers QuestionL “What if your insurance company does bankrupt?” Llance of Conroe, Texas. Answer to Readers Question: You should search Florida Department of Insurance Statutes for Guaranty Fund and Insolvency for this information because you need to name the insurance company. I cannot determine the amount of guaranteed coverage and therefore I recommend you call [...]
Will A Claim On A Life Insurance Policy For A Smoker Be Denied
Readers Question: I am a smoker and I live in College Station, Texas.”Will a claim for a smoker be denied if the policy is for a non-smoker?” Answer to Readers Question: You may want to ask your agent or company about your policy specifically. However, what typically happens is that if you have had a [...]
What Is A Life Insurance Cycle Policy?
Readers Question: David from Beaumont, Texas recently asked me this question, “What is a life insurance cycle policy?” David the answer to your question: Systems, processes and procedures are all used by the staff responsible for policy processing. Here, new policy processing includes all functions from new policy data capture, through underwriting and rating to [...]
Recent Comments