What are my Insurance Rights as an Individual?
Worried about your insurance policy? Knowing your rights might ease your stress.
American International Group (AIG) received a $85 billion loan from the Federal Reserve breathing new life into the insurance and financial services company.
But, many policy holders are still fretting about insurance.
Here’s a general look at what you should know as an insured individual: take a look at your personal policy for the specifics:
Insurance Right #1: You have the right to change coverage at any time.
Insurance Right #2: You have the right to the insurance terms and conditions of the policy through the life of the contract.
Insurance Right #3: You have the right to research your insurance providers rating.
Insurance Right #4: You have the right to receive the cash value for premiums paid on permanent life insurance.
Insurance Right #5: You have the right to file a complaint.
Insurance Right #6: You have the right to sell a permanent policy to a life settlement company.
For the complete article, go to Mainstreet.com
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