What is the compulsory automobile insurance law in Massachusetts?
- The compulsory coverages that must be afforded to risks subject to the Massachusetts Compulsory Automobile Insurance Law are: CAR Commercial Automobile Insurance Manual Section I General Rules Effective Date 2019.03.01 Page 3 of 8 Compulsory Bodily Injury Liability at limits of $20,000 per person, $40,000 per accident.
What is the minimum creditable coverage requirement for a health plan?
- overall Health Benefit Plan design must meet the requirements of 956 CMR 5.03(1) to be considered as providing minimum creditable coverage. (b) A Health Benefit Plan may impose varied levels of Co-payments, Deductibles and
What is an indemnity schedule of benefits Massachusetts?
- of Massachusetts by an insurer that is licensed or otherwise statutorily authorized to transact business in such other state. Indemnity Schedule of Benefits. A fixed dollar amount per service, set forth in the subscriber's certificate of coverage as the maximum amount that a health plan is required to pay to the
Many insurance companies offer “limited collision,” which, as the name implies, does not offer full coverage and could result in a large bill if there is an accident. Under limited collision, your insurance company will only pay for damages if you are 50% or less at fault, and the other vehicle is identified.