Define: Insured

Yes, an insurance company can deny coverage to an insured person based on various factors such as pre-existing conditions, high-risk activities, or failure to disclose relevant information.

If your insurance claim is denied, you should review the denial letter and policy documents to understand the reason for denial. You can then contact the insurance company to discuss the denial and provide any additional information or documentation that may support your claim.

In most cases, an insurance company cannot cancel your policy without providing prior notice. However, there may be exceptions if you fail to pay premiums or if you have committed fraud or misrepresented information on your application.

Yes, an insured person can sue their insurance company if they believe the company has acted in bad faith, breached the terms of the policy, or denied a valid claim without proper justification. It is advisable to consult with an attorney specializing in insurance law before pursuing legal action.

Generally, an insurance company cannot increase your premiums without a valid reason. However, they may increase premiums based on factors such as changes in risk assessment, claims history, or overall market conditions.

Yes, an insured person can switch insurance companies even if they have an ongoing claim. However, it is important to inform the new insurance company about the existing claim and provide all relevant information to ensure a smooth transition.

In some cases, insurance companies may consider credit scores as a factor in determining premiums or eligibility for coverage. However, the use of credit scores for insurance purposes varies by jurisdiction, and some states have restrictions on this practice.

Prior to the implementation of the Affordable Care Act (ACA) in the United States, insurance companies could deny coverage or charge higher premiums for pre-existing conditions. However, under the ACA, insurance companies are generally prohibited from denying coverage or charging higher rates based on pre-existing conditions.

Insurance policies typically require prompt notification of claims. If an insured person fails to notify the insurance company within the specified timeframe, the company may have grounds to deny coverage. It is important to review your policy and promptly notify the insurance company of any claims.

Insurance policies often contain exclusions for accidents caused by the intentional or reckless acts of the insured, including driving under the influence of alcohol or drugs. In such cases, the insurance company may deny coverage for any resulting claims.