When preparing or requesting an investigative consumer report about a person in connection with an insurance application, insurers and agents must make sure the person is aware that they can ask to be interviewed for the report and are entitled to a copy.
An applicant must be at least 18 years old, finish a prelicensing education program, pay the licensing fees, and pass the necessary state exams in order to be eligible for a license. Additionally, a candidate must not have a criminal record that includes any felonies or crimes involving fraud or deceit.
Upon disability, a small business owner's overhead expenses are covered by a business overhead expenditure coverage. These expenses are not covered by workers' compensation.
HSAs (health savings accounts) are tax-free accounts with expensive, high-deductible insurance plans. Tax deductions can be claimed for contributions made to these accounts, and the money grows tax-free. Distributions for legitimate medical costs are tax-free.
A co-payment is a set amount that plan participants must pay while using particular medical services that are covered by the policy.
Women aged 35 to 39 must have one baseline mammogram covered by health insurance programs. After that, insurers are required to pay for mammograms on a schedule based on a woman's age and risk of developing breast cancer.
An impairment rider is a tool that an insurer can use to restrict or exclude coverage for a potential condition that an insured may have.
