March 2006 - Posts

• Providing Insurance for Pets

  I am a business owner who provides services to local pet owners. How would I go about offering / selling / pet insurance to my customers? Would I need a similar broker’s license to sell regular human insurance? Answer: Each jurisdiction is likely to have Read More... Posted Tuesday, March 28, 2006 1:44 PM by editor@insuranceguide101.com | 0 Comments

• Complex Claim Regarding a Power Plant Turbine

  I need your opinion on the indemnity period under a consequential loss policy - a machinery breakdown claim. In this case, a 60-megawatt power-plant, turbine alternator developed occasional vibrations. The problem was then solved. After ten months the Read More... Posted Tuesday, March 28, 2006 1:26 PM by editor@insuranceguide101.com | 0 Comments

• Long Term Disability

  How much is long-term disability and do I have to have short-term disability first? Answer: In general, you would normally have short-term disability before purchasing long-term disability. Some companies may require you to have short-term disability Read More... Posted Tuesday, March 28, 2006 1:25 PM by editor@insuranceguide101.com | 0 Comments

• Condo Insurance & Flood Zones

  I live in a condominium complex in Venice, Florida. I have several questions. How can I find out if this complex is in a flood zone? I have been told that if the association itself does not carry a blanket flood insurance policy then I cannot cover my Read More... Posted Tuesday, March 28, 2006 1:18 PM by editor@insuranceguide101.com | 0 Comments

• Horizontal Property Regimes & Insurance on the Structure

  I have a friend who lives in a horizontal property regime in New Jersey. For the past 40-years each unit has been contributing an equal share to pay for one master policy for the common elements of fire and liability insurance. Recently, several owners Read More... Posted Tuesday, March 28, 2006 1:10 PM by editor@insuranceguide101.com | 0 Comments

• Son Driving the “Extra” Car

  I have three cars on my insurance. My son is using my third car. I am listed as the driver of the third car on my insurance. Do I have to tell the insurance company that my son is now driving the third car? He does not live at home. Answer: In general, Read More... Posted Tuesday, March 28, 2006 1:06 PM by editor@insuranceguide101.com | 2 Comments