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There are an enormous number of Maine Life Insurance companies wager to quote on your policy. As it's the State with the largest population in the country, there will be no shortage of Maine Life Insurance competition. With this in mind, you should compare as many Maine Life Insurance quotes as possible, so you can make an informed decision and get the best rates. Enter your zip code above to start comparing Maine's leading life insurance providers instantly on your screen with InsureWish.com
Maine Life Insurance
Best prices for Maine Life Insurance are found online
For the pinnacle of value, use our quote comparison website to compare Maine Life Insurance quotes from America's leading providers. No one has the excuse of not getting the best rates on Maine Life Insurance, when all they have to do is click on the comparisons available. This is by far the best way to get the lowest premiums on Maine Life Insurance. Compare life insurance quotes side by side on your screen by entering your zip code above.
The laws of Life Insurance in Maine
Compared to the conditions imposed on other types of insurance such as automobile and health, there are few regulations regarding life insurance. There is little to prevent someone from taking out as much life insurance as they wish, or what technical terms or jargon gets used in the policies.
That said, The State Insurance Code of Maine has certain protections for policy holders and insurance companies. All consumers are entitled to a Free Look', which means that they can still cancel their policy after further reading if they are not happy with the terms. This is the case for up to 10 days after the policy is signed, with some companies allowing 30.
The Grace Period allows the policy holder 30 days to get back up to date with a missed payment. In this time period, the company strip the consumer of their insurance protection.
For their part, the insurance companies are permitted to review an application for up to 2 years after it was originally completed in order to ensure that they are not victims of fraud. False information is grounds for immediate cancellation of policy and potential criminal charges. An exception is when age is in question, giving a false age only results in a reappraisal of the policy cost.
Maine Life Insurance: Protective agencies
The Maine Department of Insurance monitors all life insurance activity to see to it that there are no fraudulent occurrences.
The Maine Life & Disability Insurance Guaranty Association provides a guarantee of life insurance protection for all policy holders in the event that their provider hits a rough patch.
InsureWish.com compare life insurance quotes from these Maine Cities: Auburn, Augusta, Bangor, Biddeford, Lewiston, Saco, Westbrook, Portland, South Portland and Waterville.
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