Thursday, July 24, 2008

Would my premiums go up if a claim is filed?

The insurance program would be governed by an insurance contract. That contract would specify if and when the premiums would increase. Most contracts would keep the premium the same even if a claim were filed.

There is no data on what the claims experience for a child support insurance product would be. Because of no data, it is impossible to say if premiums would increase if a claim is paid.

No comments: