Family life insurance and AM Best rating

by Guest » Fri Nov 02, 2012 02:04 pm
Guest

How does A.M. Best rates the insurers?

One other thing that I wanted to know is - How family life insurance works?

Total Comments: 4

Posted: Wed Nov 07, 2012 09:14 am Post Subject:

How does A.M. Best rates the insurers?


AM Best uses both public and nonpublic information to assess an insurance company's ability to pay claims.

How family life insurance works?


Basically, you pay, you die, they pay. You = any insured member of your family. There can be exclusions for things like suicide or commission of a felony, and material misrepresentation.

Posted: Fri Nov 09, 2012 10:24 am Post Subject:

Pardon me. But i couldnt understand how family insurance works. It covers the whole family, right? all the members?

Posted: Sun Nov 11, 2012 04:44 am Post Subject:

There is no such thing as "family insurance". What is your specific question about insurance? There are life insurance policies that can extend benefits to spouse and children, and there are health insurance policies that do the same. Tell us with more clarity what you want to know.

Posted: Mon Nov 12, 2012 12:23 pm Post Subject:

Just googled it out

:lol:

[link removed per TOU]

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