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Elmer Said:

What is the meaning of liability insurance of a lawyer?

We Answered:

an attorney's mistakes/negligence can substantially affect lives and thus expose the lawyer to suits... like all other companies, insurance is needed for protection.

Lynn Said:

This may sound silly but what does "$1000 max out of pocket" mean insurance wise?

We Answered:

Yes, It means that the most your will have to pay is $1000 for year. Typically, your deductible is included. Since, you are like 7 months into your pregnancy your deductible and out of pocket costs may be counted in for last years. ( depending on when your plan year starts) Many plan years start over in January. Which means that another deductible and out of pocket count starts over again. You may want to talk to whoever handles your benefits at work.

I hope this was helpful and CONGRATZ !

Nelson Said:

what is the actual meaning of Insurance?

We Answered:

INSURANCE financial protection against loss or harm: an arrangement by which a company gives customers financial protection against loss or harm, for example, theft or illness, in return for payment ( premium )
2.a money paid by an insurance company: the sum of money that an insurance company pays or agrees to pay if a specified undesirable event occurs
3.INSURANCE premium: the payment made to obtain insurance • My car insurance has gone up again.
4.INSURANCE insurance business: the commercial business of providing insurance
5.means of protection: an act, measure, or provision that gives protection against some undesirable event or risk
well i deal in icici pru life do tell me if u want to know more

Alberto Said:

What is the meaning of No Life Insurance?

We Answered:

Life insurance - a bet, whether or not you're going to die. You pay them money - if you die, they pay someone you name, a whole lot MORE money. If you don't, they keep the money you paid them.

Jeffery Said:

What does each question on a car insurance mean and how does it increase your rate?

We Answered:

Impossible to answer your question. Each company would ask different questions and there is no standard "One size fits all" form that insurance companies use.

The questions they ask are to establish your risk factor so they can set an estimate of costs, based on what you have told them. Of course once you accept the policy and they run the information, it's subject to change if you have left something out.

The best way to find the rates you would be paying is to find an independent agent, one not tied to any one company, give him your needs and information, and let him search his data base for the best company for your specific needs. Good luck with the quest.