Buy insurance to sign insurance contracts need to focus on the details Insurance Tips

Category: Insurance tips Release Date: 2006-08-01

Recently, there is a history of gastric ulcer, Mr. Sun, following a medical examination, he got the insurance contract and found that a single insured and the contract was signed nearly a month difference between the effective date. The agent had told Mr. Sun, the insurance will take effect the day of signing Contributions. Now, contract the difference between two dates, so he is very puzzling.
In fact, Mr. Sun, like many others, often regarded as the insurance policy was signed misunderstood effective date.

Fill out a single insured and prepaid insurance premiums, which is equivalent to the insurance company to sign

Provides insurance contract applications. After the receipt of insurance premiums alone, and the insurance companies underwriting, and then decide whether to cover. If you passed the underwriting, the insurance company will insure a single date of the signing of the insurance contract as the actual effective date. That agent is talking about this situation.

However, the insurance companies underwriting often encounter some special cases, the most common is the physical. If the insured person have health problems, or the insured amount is too high, the insurance company will ask the insured medical examination. In the medical examination results came out, insurance companies and then decide whether to cover. If the insured, then the insurance contracts at this time the actual effective date of medical examination results will be out of date. If you need to increase fees or increase the exemption clause, the insurance company will issue the relevant documents to allow customers to sign, and to confirm the insured had received the documents date as the effective date of insurance contracts. Mr. Sun because of gastric ulcer medical history, physical examination carried out, so the policy effective date of the signing date and different.

There are other circumstances will affect the insurance underwriting, such as insurance coverage proposal is contrary to the rules need to be amended to add some documents and so on. In this case, the insurance company would receive a valid insurance bill or supplementary documents date as the effective date of the contract.

Therefore, the effective date of insurance coverage, if later than the single sign on, the insured person insured event occurred precisely during this period, in order to embody the principle of equity, the insurance company will be based on the fault of the insured and the insurer to determine whether payment. If it is an accident, the insurance company may also, where appropriate, to accommodate the claims.

There is an insurance contract issued by Japan, after the insurance companies underwriting the decision to the insured the date of issuance of insurance contracts, is the final part of the insurance contract, insurance contracts are often of issue later than the commencement date.