Is it possible to have 2 different policies (different companies) for the same trip ?
Total Comments: 3
Posted: Sun Jan 27, 2008 04:40 pm Post Subject:
Most every insurance policy contains provisions on how it applies when another policy applies to the same situation. How they react depends on the verbiage in the policy.
Posted: Mon Jan 28, 2008 07:07 am Post Subject: sure...but may or may not act in coordination
Yes, it is quite possible for you to have 2 different policies for the same purpose but as tcope has rightly mentioned over here, you'd certainly need to go through the clauses stated in your policy papers very carefully. By doing so you'd be able to judge the different scopes wherein one policy benefit would fill in the gap left by the other. Some of the clauses may talk of benefits which may or may not act in coordination with other similar benefits. So, I believe its time for you to read through the papers. Good luck! stalematepeter
Posted: Mon Jan 28, 2008 07:18 am Post Subject: a whisker..
Hi stalematepeter,
Some of the clauses may talk of benefits which may or may not act in coordination with other similar benefits.
I feel you've missed out on a whisker...it would not only depend on what is stated within the clauses but also on his assessment of the requisites during applying for the policy. It may so happen that one of the policies would cease to operate if another is in place. On the other hand it may also happen that one would work in excess of the other.
Just wanted to clarify..
Posted: Sun Jan 27, 2008 04:40 pm Post Subject:
Most every insurance policy contains provisions on how it applies when another policy applies to the same situation. How they react depends on the verbiage in the policy.
Posted: Mon Jan 28, 2008 07:07 am Post Subject: sure...but may or may not act in coordination
Yes, it is quite possible for you to have 2 different policies for the same purpose but as tcope has rightly mentioned over here, you'd certainly need to go through the clauses stated in your policy papers very carefully. By doing so you'd be able to judge the different scopes wherein one policy benefit would fill in the gap left by the other. Some of the clauses may talk of benefits which may or may not act in coordination with other similar benefits. So, I believe its time for you to read through the papers. Good luck! stalematepeter
Posted: Mon Jan 28, 2008 07:18 am Post Subject: a whisker..
Hi stalematepeter,
Some of the clauses may talk of benefits which may or may not act in coordination with other similar benefits.
I feel you've missed out on a whisker...it would not only depend on what is stated within the clauses but also on his assessment of the requisites during applying for the policy. It may so happen that one of the policies would cease to operate if another is in place. On the other hand it may also happen that one would work in excess of the other.
Just wanted to clarify..
RobertG
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