What Should I Do If I'm In An Accident?
1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- Limit Discussion. Talk only with the police or your insurance agent. Don't admit liability or fault on the scene of the accident. 4.- Get the facts. Write down names, addresses, phone numbers, insurance companies of individuals involved, and witnesses. 5.- Call your insurance agent to report the accident.
Popular Insurance Questions
Popular Insurance Glossary Terms
Same as term Fixed Dollar Annuity: annuity that guarantees that a specific sum of money will be paid in the future, usually as monthly income, to an annuitant. For example, a $1000-a-month ...
Statutory accounting principles (SAP), as listed in the insurance company's annual financial statements filed with the insurance commissioner of each state in which it is licensed. Income ...
Coverage for the expenses incurred by a business resulting from the recall of products, whether defective or not. ...
Measurement of the response of the cash flow of an insurance company to various interest rate scenarios; for example, how rising interest rates will affect the number of life insurance ...
Trust to which a donor transfers assets and that distributes income to finance a predetermined situation. After the trust expires, any remaining assets are donated to the qualified charity ...
Same as term: generally accepted accounting principles (GAAP): ...
Home office underwriter who evaluates risk based on probability, statistics, and medical knowledge. ...
State law that limits the admitted value of an insurance company's EDP equipment to 3% of the company's ADJUSTED SURPLUS. ...
Provision applied as a rider attached to an ordinary life insurance policy for the purpose of meeting estate planning requirements. When the insured dies, the beneficiary is entitled to ...
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