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CATEGORY : INSURANCE CLAIMS
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Home > Categories > Finance and Insurance > Insurance claims > View Advice  

Query from: Anonymous, United States, 10/02/10
Topic: INSURANCE CLAIMS      Submitted on: AnswerPod.com
Subject: Can you please answer this question?

Please provide your answer WITHOUT using links or attaching images, docs, etc. (You must still give your source, however).
Attention Council Members: If this query is in the wrong category, be sure to put it in the appropriate category.

Here is the question: Does insurance go in effect immediatly when paid

Rate = 3 (Rated by 3 Council Members)
[ This query closed ]
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Response from: sanjay surpuriya,   
Registered Member on Ammas.com
Source: This information comes from my own knowledge.
For General Insurance- YES. Provided if the payment is made by cheque; it should not bounce.

Rate = 1 (Rated by 2 Council Members)

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Response from: rajaram venkatesh,   
Featured Member on Ammas.com
Source: This information comes from my own knowledge.
In case cof Life insurance insurance is paid once the claims is accepted and the insurance stands liquidated

In the case o general insurance it depends upon the type o insurance and the claim made

regards

Rate = 2 (Rated by 2 Council Members)

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