What is an early renewal?
Health plans are usually sold as a 12 month contract between you and your insurance company. In 2013, some insurance companies offered a chance to renew coverage earlier than the 12 month renewal date. for example, some insurance companies offered members a chance to renew in October of 2013, a few months prior to the 12 month renewal of January 1, 2014. This is often called an "early renewal".
Starting in 2014, most new plans offered to individuals and families or through small employers must cover...
Fire Insurance Quotes
in: Fire Insurance Fire Insurance Quotes
Today in this Article we will explain various insurance policies related to non-life /general insurance. Non-life /general insurance means the insurance of various tangible or non-tangible assets other than human life. Even loss of human life or damage to human body due to accidents are covered by general insurance. Thus, human life relates to life insurance and the belongings i.e. properties of human beings fall under this category.
Though there are various general insurance policies but we will discuss only the following...
What is the Meaning of Fire Insurance
in: Fire Insurance Fire Insurance Quotes
The term fire in a fire insurance is interpreted in the literal and popular sense. there is fire when something burns. In other words fire means visible flames or actual ignition. Simmering /Smoldering is not considered fire in Fire insurance. Fire produces heat and light but either of them alone is not fire. Lightening is not a fire but if it ignites something, the damage may be due to fire.
Under section 2(6A) Insurance Act 1938, the fire insurance business is defined as follows :- " Fire insurance business means the business...