NLIC.org

Benjamin Said:

Hi, Is there any insurance companies in Singapore who will give a bankers/insurance guarantee to an individual

We Answered:

Start with the banker guarantee terms. Under what terms can your employer entitled to the guarantee. When you resign on the last day of guarantee expiry? When your services are no longer required by your employer? It could be a ploy by your employer to stop you from taking study leave. Once the terms are fully clear to you, you can approach the banks. Some will take collaterals. But may ask for cash deposit if are a credit risk.

Evelyn Said:

How can i find out if an insurance company is a scam?

We Answered:

AIM is not major medical insurance.

I don't think it is a scam BUT you don't want to mislead people into thinking they have a major medical policy if they buy it. It doesn't cover much.

Armando Said:

How can the insurance companies guarantee a minimum of 5%interest in their annuities?

We Answered:

because they don't pay there insurance victims on the level .

Becky Said:

Which is the best and reliable insurance company in india for long term benefits after retirement.?

We Answered:

All the Insuarance companies are regutaled by IRDA and be sure that all are reliable. Its beter to take a plan where you can withdraw whenever you want, without any charges. If you want to know for more plans you can contact me at bhatia07 at yahoo dot com.

Carolyn Said:

If I sue my health insurance company, can I make part of the settlement that they have to guarantee coverage?

We Answered:

Have you actually spoken to the insurance company and asked about the basis of their denial? Perhaps have them put the reason for denial in writing. Have you actually looked at the master policy (not just the summary booklet that health insurance gives you). There is a chance there is something in the policy that is being missed.

Also - how did the dr code the treatment? This can result in a denial of coverage because the bill was not coded properly.

Before you go getting all cranked up about filing a law suit-- check into it further. Lawsuits are not fast and they are very expensive. Depending on where you are, it could easily be 4 years before your case ever sees the inside of a court room. And, your health insurance provider has the money to fight the legal fight.

Once you have gotten more information - and still think the expense should be covered -try contacting your states Department of Insurance. The DOI is the regulatory body for all insurance in your state. That includes Health insurance.

If you end up later contacting an attorney and pursuing the matter - the more information you have gathered ahead of time the better.

Perry Said:

What is the guarantee for the survival of insurance companies for the next 20 years?

We Answered:

You posted to the USA board, but you're asking about an Indian company.

Insurance is an emerging market in Asia, and I'd expect that you'd see a lot of turmoil over the next 50 years.

Buy it if you want INSURANCE. But if your goal is investing, choose a different tool.

Amy Said:

Which company provides the best rent guarantee insurance?

We Answered:

Well it is always tricky to decide which policy to purchase, but I will always use Letsure. they are not the cheapest but are certainly one of the best companies to deal with in a claim which is the only time you really get to know how good your policy is.

Costs less than two weeks rent for the year and needs referencing done on the tenant but pays up to 11 payments and also provides legal cover for any other breach of tenancy such as sub-letting. I think it covers against evicting squatters but I have not looked at by documents for a while.

I have claimed twice on my property which has a 600 rental value and this cover saved me about £2400 each time and that is just in rent, they also took care of the court costs and provided there own solicitors who tok care of my case at no additional cost.

Well worth the £250 premium when you have a mortgage to pay.