What Do I Need To Know About Pet Insurance?
Definition of "What do I need to know about Pet Insurance?"
If you own a pet, i'm sure you've been in a situation where the vet bills have been much higher than expected. If this has happened to you more than once, then you should consider insuring your pet to help control the expense. Below is an estimate of what you might have to pay for some pet related injuries- Infection: $100 - $1,500 Broken Bones: $1,000 - $3,000 Car Accident: $0 - $4,000 Cancer: $500 - $4,000 Possible Discounts- Multiple Pet Discount Based on Breed of Animal- some animals have lower rates then others Based on Location- some areas of the country are higher risk than others. You might be able to receive a discount because your location either Urban/Rural or by State.
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Publication that lists premiums charged for products sold by an insurance company. A manual also has underwriting guidelines for agents. A life insurance rate manual includes minimum ...
Projections of future accidental losses based on analyses of historical loss patterns. A projected loss picture is used to determine the pure cost of protection and the resultant basic ...
Professional designation conferred by the International Foundation of Employee Benefit Plans and the Wharton School of the University of Pennsylvania. In addition to professional business ...
Irrevocable living trust (rights to make any changes are forfeited by the grantor permanently) in which the grantor forfeits control of all assets placed in the trust. However, the grantor ...
Coinsurance requirement such that if a loss is less than $10,000 and also less than 5% of the total of insurance to cover a loss, then the insurance company will not require that the ...
Authority that administers state laws regulating insurance and licenses insurance companies and their agents. ...
Record of losses, whether or not insured. This record is used in predicting future losses and in developing premium rates based on expectation of insured losses. ...
Situation in which several liability insurance policies are in force to cover the same risk, thereby resulting in higher limits of coverage than is required to adequately insure the risk. ...
Same as term Excess of Loss reinsurance: method whereby an insurer pays the amount of each claim for each risk up to a limit determined in advance and the reinsurer pays the amount of the ...
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