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appendix f references - injury disease or mental disorder...

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Find the company’s financial rating. How the company’s reputation for paying claims rank. The length of time the company has been in business. Does the company provide loss prevention services? Can the company offer multiple-year policies? Property coverage pays for damage to or theft of your car. Liability coverage pays for your legal responsibility to others for bodily injury or property damage. Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses . What elimination periods are offered when benefits begin with this company? The term of benefits explaining when benefits end. What is covered by the insurer, and for how long? Are there non-cancelable and guaranteed renewable provisions provided through the company? DISABILITY A disability policy is usually an insurer approving to pay money in usually a proportion of the insured's most recent income or some other benefits such as retraining costs in the event that the insured becomes disabled or unable to remain in his/her occupation as a result of bodily
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Unformatted text preview: injury, disease or mental disorder. HEALTH What are the amounts of deductibles? What type of coinsurance or out of pocket limits is enforced? What are the exclusions, coverage limits, and copayment extent of benefits offered? Types of policies offered. Coverage rates explained. Classes of coverage offered through the company. Maximum amount the insurance company will pay out in case of loss of property. Are there any coverage options for alternative living arrangements included in a policy? HOME LIFE Terms of the contracts offered through the company. Face amount provided towards protection or death benefit. What are the premiums to be paid or costs to the insured? What lengths of coverage are offered? Life insurance provides dependents with ongoing income to replace the deceased, until they can live at ease without it. It can provide a timely emergency fund for medical, legal, and funeral costs, in the occurrence the families’ savings cannot cover them....
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