Most student loans have a six-month grace period, which means you wonât have to make payments until six months after you graduate, drop out or drop below half-time status. The grace period is meant to give you a chance to find a job and begin earning an income before youâre swamped with bills.
First Party Claims vs. Third Party Claims. There are two types of insurance claims: first party claims and third party claims. While a first party claim is one you file with your own insurance company, a third party claim is one you file with the insurance provider of another person or business.
Insurance companies simply pass on the costs of investigating fraudulent claims to their customers, in the form of higher premiums. In this section, we look at what you can do to prevent your insurance company from paying a fake injury claim filed against you.Let's begin by looking at how insurance companies classify fraudulent claims.ther Claim Types. This all applies to other types of personal injury claims, including slip and falls, work injuries, and dog attacks. Whether you're a homeowner, business owner, or landlord, you can protect yourself from fraudulent injury claims.