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Will claim for a policy holder be denied if he start smoking after 5 year of policy and the policy is for nonsmoker?
I assume that you are talking about a life insurance policy or perhaps even a health insurance policy of some kind. The answer is the same either way. As all insurance companies are legal contracts the agreements are based on the conditions at the time the contracts were signed. The insurance company will not penalize anyone who starts smoking after the policy was issued. They will even reduce your rates and give you non-smoker rates if you quit smoking and can prove that you stay quit for a period of one year. The insurance company can provide testing to verify such. Both policies are the same as far as rates. Your price will not increase if you start smoking either.
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Is a life insurance policy valid is taken out as a nonsmoker then resume back to smoking?
It usually would be invalid. Smoking is generally a clause for acceptance of the insurance. A smoker would pay higher rates for the insurance. So claiming to be a nonsmoker to get insurance and then smoking would be a type of fraud. Thus negating the policy and forfeiting all premiums payed.
Who is the person that is the holder an insurance policy?
policy holder
What is the name of the holder of an insurance policy?
is it a policy holder?
When an operator on a policy get in an accident who gets surcharged the operator or the policy holder?
That will be the policy holder.
If you purchase homeowner insurance and as a non-smoker but then start smoking would this hurt your claim if it was caused by careless cigarette use?
Homeowner policies dont make any provisions about whether or not the policy- holder is a smoker. Your life insurance company might care if you took out a policy as a non-smoker and then started smoking.
Person who is the holder of an insurance policy?
The person can be called Policy Holder,Insured, Life Assured as the case may be.
How do you find a life insurance policy after the death of policy holder?
no
What is the executor on a life insurance policy?
The Policy Holder of a life insurance policy is the executor of the said policy.
What is the smoking policy at Johannesburg airport?
The policy is that there is no smoking allowed inside the airport (as in all public places in South Africa) and smoking is only allowed outside.
What is the holder of an insurance policy called?
Insured.
What happens if beneficiary named on life insurance policy dies before the policy holder?
The policy holder has the choice to change the name of the beneficiary at any time, including after the death of a named beneficiary. If the policy holder doesn't change the name of the beneficiary after the beneficiaries death, depending on what state you live in it goes to next of kin.
What is the difference between a policy holder and a beneficiary?
the person in whose name the policy is issued legally is known as policy holder the person who gains insurance cover is known as beneficiary ,it may be himself or dependents(nominees)
