Top financial questions asked and the answers given by real people on Yahoo!
1-I have liability insurance. If I lend my car out to a friend, will my insurance pay in case of an accident?
Asked by Pikaia
Yes. However, does he have regular access to your car? If he borrows it more than once a month, or more than ten times a year, you should add him as an operator. Also, if he cracks it up, it's great that the other guy is covered, but . . .can you afford to buy a new car? Because you won't have any coverage for YOUR car.
Answered by mbrcatz
2-New insurance and ongoing treatments of old injury? Which insurance applies?
Asked by Dan T
Its up to the old insurance
Answered by heatedwire...
3-Can an employer cancel your insurance without telling you that it has been cancelled?
Asked by screwed
Well, the problem is, this is a PARTNERSHIP. If this was a corporation, you can certainly sue the corporation, and you'd probably win. You'll probably get a judgement against them. If it's legally a PARTNERSHIP, and your husband is a partner, well, he'd be suing himself. Also, if this was an individual health policy that she was paying, and NOT a group policy, she has no liability - only if it was a GROUP policy. So there's not enough information here . . .
Answered by mbrcatz
4-Health Insurance For Part-Time Employees?
Asked by kelly j
I understand your frustration with finding cost-effective insurance that will cover pre-existing conditions. You have several options. You can have your husband ask his employer to add your family on to the group plan. He will be paying for the plan completely out of his paycheck, with no help from the employer. However, if he is on GROUP health, there are generally less hang-ups about pre-existing conditions with the insurance company, and the rates can be cheaper. The other option is - don't disclose everything!! Please, please see my site, http://www.health-insurance-low-cost.net, to learn how to navigate these treacherous waters, especially the page on "Medical History". Basically, you need to make decisions on how you will USE your insurance from now on, and decisions about disclosure, BEFORE you ever talk to an insurance company. When an insurance company asks you about pre-existing conditions, they are not so much wanting to know about your past, but trying to figure out what expenses they will be paying for in the future. You need to make decisions on how you will be using the insurance, then reflect that back to the insurance company. I know your frustration, I've lived it, and that's the whole reason I created my site. You CAN find a good policy if you do your homework (and yes, Blue Cross is too expensive, I've used them and dropped them). Best wishes!