If
the insurer approves your application but then finds out about the misrepresentation during the contestability period — usually the first 2 years of the policy — it can cancel the policy and return the premiums you've paid (minus any fees).
If
the insurer approves your application but then finds out about the misrepresentation during the contestability period — usually the first 2 years of the policy — it can cancel the policy and return the premiums you've paid (minus any fees).
Not exact matches
After
approving an
application for mortgage insurance, the
insurer issues to the lender a document called a Commitment / Certificate, whose purpose is twofold:
«original provider» means, in respect of an insured person, the member of a health profession who, in accordance with this Regulation,
approved the treatment plan, prepared the assessment of attendant care needs, completed the disability certificate or prepared the
application under section 40, as applicable, that was submitted to the
insurer with respect to the insured person.
Unlike other «online»
applications, which create an e-mail form or request at the
insurer's end that must be reviewed personally from an underwriting point of view before the
application is
approved, LawyerDoneDeal.com is fully automated, providing in most cases instant approval for title insurance coverage.
For example, more complex issues may arise if you are not examined by insurance company -
approved doctors, the time limitation in submitting a claim has expired, there was a misrepresentation on your
application related to a pre-existing medical condition, the
insurer has surveillance evidence that contradicts your claim, or there was a failure to have your injury or condition properly documented by your physician.
If you are eligible, you choose a vendor, have the device installed, and then submit several pieces of information to the DMV, including an affidavit, installation certificate,
application form and fee, an SR - 22 certificate from your auto
insurer, and evidence you've completed an
approved drug or alcohol treatment program.
Even if you opt to hide your tobacco chewing habit from your prospective life
insurer during your
application, the company will take the necessary steps to determine if you use tobacco or not, before
approving your policy.
Although some life insurance companies offer term life policies that don't require a medical exam, most
insurers do review your physical exam results before
approving your policy
application.
Once your
application is
approved, the
insurer will notify you and request payment.
Issue date: The date upon which the life insurance
application is
approved and the policy is issued by the
insurer.
As you start to look for life insurance quotes for a $ 100,000 term life insurance policy, you will notice that there are insurance companies that offer policies where no medical exam is required, and there are
insurers who do require a medical exam before rating and
approving your
application for coverage.
Before you contact your current
insurer to cancel your motorcycle insurance policy, make sure your new provider has
approved your
application and received your initial premium payment.