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| *The Commerce Journal>>>Insurance |
Can we insure our life with more than one insurance company? |
If so, in health insurance case, how we get reimbursement with one one set of original bills? You can buy *** many life insurance policies with as many companies as you can afford. There is usually a price advantage to combine coverage with one company. yes you can insure your life with more than one company but i think you ar a little mixed up with life and health insurances i can't make sense why you should get many health insurance policies? why not opt to maximize in one policy? i believe you get only one set of original bills and when you apply for reimbursement, the company gets it. where will you get another set of original bills to file claim? Yes, Multiple billing is a crime. They pay for original death certificates and read the fine print. Multiple policies may void some payouts. Yes, you can. The`y pay whomever you authorize them to pay. Beneficiary is the word. Life and health insurance are totally different animals. Yes, you can have multiple life insurance policies. If you are covered by more than one health plan, "coordination of benefits" comes into play, in which one insurance is determined to be primary insurer and the other is secondary. Yes, you can have your life insured with more than one life insurance company. You just have to declare it up front. Yes you can, but health insurance and life insurance are two different products. With Life you will just have to let all companies know about the multiple policies, with the health policies if you have more than one and they all require a deductable they will still make you pay the deductableland then they will split the coverage between them selves so why would you want to have more than one policy? |
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