Missouri Insurance FAQs

• Q: Can A Finance Company Take Out Insurance On My Car And Charge Me For It?
  A: Yes, if under the terms of your loan, you agree to provide comprehensive and collision insurance, and you fail to do so. The lending institution can obtain a policy to … More
• Q: Is It Legal For An Auto Insurer To Place Me In A High-Risk Policy If I Have Not Been Insured In The Last 30 Days?
  A: Yes. Current Missouri law does not prevent an insurer from doing so. This situation can be avoided by paying your premiums on time to avoid lapses in coverage.
• Q: If I Am Injured On Someone Elses Property, Does The Homeowners Liability Coverage Cover The Cost Of My Injuries?
  A: Only if the homeowner was negligent, causing your injuries. If the homeowner is not negligent, then coverage only is available under the medical coverage provision of … More
• Q: If My Roof Is Damaged, Does The Company Have To Replace My Whole Roof?
  A: No, they only have to replace the damaged area, even if the shingles will not match.    Note that your homeowner`s policy is NOT a maintenance policy.  It does not pay … More
• Q: If I Cannot Agree With The Company On The Amount To Settle My Homeowners Claim, What Can I Do?
  A: If the dispute is the value of damage and not the cause of the loss, you can ask for consideration under the appraisal section of the policy. The procedure to request … More
• Q: What Is Term Life Insurance?
  A: Term insurance provides protection for a specified period of time; a term of 1, 5, 10 or 20 years or up to age 65 is available. This type of policy only pays a benefit … More
• Q: What Is Whole Life Insurance?
  A: Whole life insurance is meant to be kept in force throughout your entire life. An important feature of whole life insurance is the accumulation of cash value. The cash … More
• Q: What Is An Annuity?
  A: An annuity pays a monthly (or quarterly, semi­annual, or annual) income benefit for the life of a person or for a specified period of time. The annuitant (insured) … More
• Q: Can My Employer Change Our Health Insurance Carrier And Level Of Benefits During The Year?
  A: Yes. It is completely up to the employer whether or not they will offer health insurance to employees at all and they can change carriers and level of benefits at any …
• Q: What Happens When My Group Health Coverage Ends?
  A: You can apply for individual health coverage under the federal law Health Insurance Portability and Accountability Act (HIPAA). This type of policy is issued on a … More
• Q: What Happens To My Group Health Coverage If Leave My Employer?
  A: If your employer has more than 20 employees, it is subject to the federal Consolidated Omnibus Budget Reconciliation Act (COBRA) law and entitled to a minimum of 18 … More

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