Reader Mail

Claim for Just Co-payments?

2007-04-18T12:19:00Z

In the event that someone is injured on my property and they ask us to file a claim to cover their medical insurance co-payments, would the injured party's medical insurance refuse to make payment? Would my homeowners insurance be liable for the full medical payments vs. just the co-payments? Answer: I have heard of people filing claims to cover their co-payments; however, the problem is that the original medical insurance may then deem that they are not responsible for any of the cost. So, it is...(read more)

Funeral Insurance for a Parent

2007-04-04T22:43:00Z

Both my parents are still living (thank goodness), but I see them getting older and increasingly frail. I haven't asked my father, but I'm assuming that he has some plans in place for his final arrangements. My mother, who is separated from my father and is not well off, probably has no arrangements. How can I help better prepare the family for the eventual loss of Mom and Dad without hurting my parent's feelings? I am more concerned about burial insurance for my Mom as she has poor health from long...(read more)

Insurance Company Rankings

2007-02-20T12:44:00Z

Where can I go to find how insurance companies are ranked? I'd like to know how Mercury Insurance is ranked compared to Liberty Mutual, CSAA, Geico, Progressive, etc. Answer: It depends on the kind of ranking that you are looking for. If you want financial rankings, check out A.M. Best. They are one of the best (no pun intended) financial rating agencies. If you want to know how these companies do in terms of customer service and claims disputes, you should check with your Department of Insurance....(read more)

Finding Genworth Contact Information

2007-02-20T12:42:00Z

My husband and I have misplaced our long term care policy copy. How do we contact Genworth to obtain a new copy? Answer: Here is the contact page from their website: http://www.genworth.com/genworth/contact_us.jsp...(read more)

Finding American Income Life Insurance

2007-02-20T12:39:00Z

I am looking for American Income Life Insurance Company. Answer: Here is their website: http://www.ailife.com/main/default.htm...(read more)

Is Physiotherapy covered under Alberta Blue Cross

2007-02-20T12:32:00Z

I have Alberta Blue Cross coverage. I found out I have osteoarthritis and I need to go to physotheopy. I was wondering if it would be covered throgh my Blue Cross coverage. I have group 2007, section c2, single choice plan c. Answer: I can't get access to your specific plan because I'm not a member of the plan or of Alberta Blue Cross. You'll have to contact Blue Cross directly. They have a toll free number for general inquiries, and that person may be able to tell you if physiotherapy is covered....(read more)

Who pays for this water damage?

2007-02-20T12:16:00Z

I own a carpet and tile installation business. I keep all of my inventory in a warehouse. Two weeks ago, the warehouse next to mine caught on fire due to a heat lamp that was kept on over night for a reptile. My warehouse has sustained water and smoke damage. Luckily no fire damage. However, thousands of dollars in inventory is lost. It is now two weeks later and no one, even my own insurance company, is willing to help me. My insurance company instructed me to contact the neighbors' insurance company....(read more)

Catastrophic Medical Insurance

2007-02-19T01:52:00Z

I am interested in a catastrophic medical insurance plan for a family of 4. Answer: This kind of coverage is also called major medical health insurance. This kind of coverage typically has high deductibles and low premiums. Most of these plans will only pay for hospital stays, surgery, intensive care and other high-priced care. Generally, you will be paying for doctor's visits and any other procedures that are less than the deductible. The deductible will usually be $500 or more. In addition, you...(read more)

Does Yorkshire-General Life Assurance Still Exist?

2007-02-05T01:19:00Z

Some years ago, my firm at the time had a pension plan with the Yorkshire-General Life Assurance Co Ltd. 2 Rougier Street, York and it was frozen when I left. I have now reached 65 and wish to redeem it. Please can you tell me how to contact them, if they still exist. Answer: The only record I've been able to find for this company is a record in the National Register of Archives in the UK. It looks from the record as if it ceased doing business in 1969. I am unable to determine from the record I've...(read more)

Phone Number for Connecticut General Life Insurance

2007-02-05T01:09:00Z

Can you give the phone number of Connecticut General Life Insurance Company? Answer: It is (860) 226-6000....(read more)

Special Event Insurance for a Walk-A-Thon

2007-02-05T01:03:00Z

We hope you can help us for Bark a thon 2007. It is scheduled for May 20, 2007 starting at 9 A M. This important event is fast approaching and we want your help and we need you to be involved. We need to secure and submit a Certificate of Liability Insurance for the event. Answer: We are not an insurance company, so you cannot get a certificate of liability through us. You'll have to approach some insurance companies who insure events. If you check out this link, you'll find some companies that provide...(read more)

Is Life Insurance Taxable?

2007-01-28T14:41:00Z

Is life insurance taxable? Answer: In most cases, no. If you live in Canada, life insurance benefits that the beneficiary of your policy receives are non-taxable. Here's another interesting point: if your beneficiary is a spouse, child, or grandchild, the benefit is 100% protected from creditors of your estate. So the person you want to receive this benefit gets paid before any creditors get paid. As a result, it protects any inheritance that you intend for a specific person. In the US, the actual...(read more)

Insurance Claim for Rental Car Accident

2007-01-28T14:33:00Z

In Ontario there is a provision OES 27 that covers a secondary driver on a rental car accident. Is there such a provision in Quebec? The question I have is: my boyfriend has an insurance policy and I am covered under this policy as the second driver. I was in a car accident with a rental car , rented under my name . Should our car insurance policy cover the costs that I am claiming? My family's insurance agent in Ontario would cover the claim but the insurance company in Quebec refuses. What action...(read more)

A.M. Best Rating for Bankers Life

2007-01-23T13:56:00Z

I am trying to find out the rating for Bankers Life Annuity. Are they A rated? Answer: I looked up Bankers Life at the A. M. Best website. I found 7 companies that start with "Bankers Life". If you have more information about the company you are interested in, you can take a look here and verify which company is the one you want the rating for....(read more)

Consumer Satisfaction and Insurance Companies

2007-01-21T21:15:00Z

I want to know if there is a guide to consumer satisfaction with insurance companies. I've seen several financial rating guides, but if the company is very well off financially, but they are terrible when a disaster happens, then their financial stability is useless to me. Comparing quotes does not help either if the insurance company will do anything they can think of to either not pay or delay payment when there is a major loss how much you pay a month is not relevant. Answer: You make an excellent...(read more)