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If you change the deductible on an insurance policy is there a grace period for that to go into effect?
Wiki User
∙ 8y ago
Probably midnight that day or maybe 12:01 a.m. the night before.
Wiki User
∙ 8y ago
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If your spouse who is not the primary insurance carrier makes a change over the phone is there a waiting period before it goes into effect?
Not usually. The majority of insurance companies accept the change valid at the time of the request. Even if it changes the premium amount.
At what time does an insurance policy go into effect?
In most cases an insurance policy for a car goes into effect the moment the first payment is made. In the case of medical insurance there might be a waiting period based on the insurance company. Life insurance usually goes into effect after the first payment is made, but there might also be a waiting period before benefits will be issued.
What is a double deduction in auto insurance?
The deductible will double if the loss occurs during a certain time period. So if your deductible is currently $500, you will pay $1,000 before the insurance will pay any amount. Typically this applies only for the first two or three months of a new policy. After that, only the $500 will apply. The benefit of selecting a double deductible policy is that it lowers your premium.
What is the definition of elimination period in long term care insurance?
The elimination period in long-term care insurance refers to the waiting period before benefits are paid out. It is similar to a deductible, but instead of a monetary amount, it is a specified number of days that the policyholder must pay for care out-of-pocket before the insurance coverage kicks in. Shorter elimination periods generally result in higher premiums.
Does the weight effect the period of a pendulum?
It doesn't. Period depends on the length of the pendulum and the acceleration of gravity. Adding weight doesn't change the period at all.
deductible?
I do know after period of time the deductible lowers down to zero. But if by chance accident occurs does it go completely back up or does it increase partially?
Is insurance still in effect past the billing due date?
some insurance companies have what they call a grace period to get your bill paid usually 10 days or so but it depends on the company.
Does eating green mango can affect your period?
No, eating green mango does not effect your period in any way. Although diet can have an effect on your menstrual cycle and menstruation, there is no specific food that would cause a significant change.
How does accelaration due to gravity effect the time period of a simple pendulum?
Normally the acceleration of gravity is not a factor in the period of a simple pendulum because it does not change on Earth, but if it were to be put on another celestial body the period would change. As gravity increases the period is shorter and as the gravity is less the period is longer.
What is called reinsurance?
When we go for insurance , the insurance have a time period for which it will be valid. When we want to extend the time period of the insurance,we have to do reinsurance.
If the initial displacement from equilibrium amplitude is changed does the period of oscillation change?
Initial displacement has no effect on the period of oscillation. The period T = 2(pi)sqrt(mass/spring constant)
What kinda of insurance protection is set for a period of time?
The Term life insurance is the kind of insurance protection that is set for a period of time.
