Are insurance companies covered by FDIC?

Answer The Federal Deposit Insurance Corporation does not insure any type of non-deposit investment products including life-insurance policies or annuities sold by insurance companies or banks. FDIC insur... Read More »

Top Q&A For: Are insurance companies covered by FDIC

If you are pregnant can you change insurance companies and still be covered?

Answer If it's an Individual Plan, I doubt that you will find any company to take you. Here's underwriting disclosure for CA Read More »

Can a child of divorced parents be covered under both parents' insurance plans and if so does this need to be disclosed to the insurance companies?

Answer YesYou only need to disclose it if they ask you. Which I'm sure they will on a claim form. You can't collect twice. Just up to the amount of the total bill. There are "supplemental" plan... Read More »

If you get pregnant and are covered by your spouse's work insurance would you be covered on the new employer's group insurance if he switched jobs?

Answer Yes, you should be since you were already covered prior to this. Although each state varies with this type of coverage. Even if he has a waiting period before he can enroll, he should get a... Read More »

Is AIG covered by the FDIC?

AIG (American Insurance Group) is covered by the FDIC (Federal Deposit Insurance Corporation) for funds in deposit accounts, including checking and savings accounts, certificates of deposit (CDs) a... Read More »