Can a term insurance claim be rejected after 3 years?
Insurance companies cannot reject claims made on policies over three years. According to the Insurance Laws (Amendment) Act 2015 Section 45 no claim can b...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
How do I find my insurance policy by policy number?
Another way to know your car insurance policy number is to visit the website of the Insurance Information Bureau (IIB). The IIB maintains the details of a...
Read More →Are life insurance proceeds taxable in MD?
Maryland has both an estate tax and inheritance tax. Thus, non-probate assets, such as life insurance and IRAs, which pass directly to the beneficiary, ar...
Read More →What happens if a life insurance policy fails to meet the federal statutory definition?
The proceeds of policies that do not meet the government’s definition are taxable as ordinary income. Proceeds from genuine life insurance contracts are t...
Read More →Are pit bulls excluded from homeowners insurance?
Homeowners insurance can provide you with coverage for events that make you liable for property or personal damage. But if the damage is caused by certain...
Read More →What company owns Cargill?
Cargill family Cargill remains a family-owned business, as the descendants of the founder (from the Cargill and MacMillan families) own over 90% of it….Ca...
Read More →Are pitbulls more expensive to insure?
Pet insurance may cost more or less depending on where you live, your dog’s age, and what policy parameters you choose. Policies for Pit Bulls can cost mo...
Read More →Can life insurance take child support arrears?
In most states, a governmental agency cannot garnish or confiscate life insurance cash values, excess interest, or dividends to satisfy obligations. The o...
Read More →What is a personal insurance agent?
Independent insurance agents, also known as insurance sales agents or “producers”, typically sell a variety of insurance and financial products, including...
Read More →How do I find out whose name is on a life insurance policy?
Simply type your loved one’s name into the search box at any of the following sites: National Association of Insurance Commissioners – Life Insurance Poli...
Read More →