Tuesday, April 28, 2015

Responsibilities Of Maif Insurance Agent

Responsibilities Of Maif Insurance Agent

By Toni Vang


Companies have come up with as a process of safeguarding the interests of people from loss and uncertainties. There reason of existence is to act as a device that reduces or eliminates risk of loss to life and properties. An automobile owner may not be in a position of enjoying these services due to involvement in numerous accidents or a number of violations. Maif insurance agent have availed the services to those with such cases.

Maif stands for Maryland Automobile Fund. For one to smoothly operate within the streets of Mt. Rainer, MD, a valid license and valid registration of their vehicles is mandatory. Such requirements may be withdrawn from an individual by the authority as a result of violation of some policies. Among them is insurance since many companies offering the same will shy away from such individuals.

Loose of plates and registration privileges are accompanied by penalties. The fact that most indemnity companies will withdraw their services becomes difficult for the affected to comprehend. Their freedom of movement is greatly affected and their lives definitely are forced to take on other turn. Maif insurance comes in and ensures that this does not happen by provision of the lacking services.

Uninsured motorists are expected to be paying a certain set amount of fee at a given duration. This is expensive compared to obtaining an indemnity policy. The problem comes in when they are forced to pay the fees due to lack of such services maybe as a result of past mistakes. A special insurance company such as Maif comes in handy in such situations and offers the needed services greatly cutting the costs.

Operation without a valid insurance is a crime. Motorists found with this offence risk being jailed or being fined. Legal procedures are implemented meaning there is a possibility of being arraigned in court. Not many would like this to happen but circumstances do. One may be found in such an offence when least expected and may not be in a position to raise the fines and end up in jail.

Authorities may be lenient and give the affected an ultimatum to ensure that they are insured. Failure to adherence of the ultimatum, their registration is suspended and license plates confiscated. This means that they cannot drive and have to rely on other means of transport which may inconvenience their daily routing of operation. At the same time been a blow to the economy if a large number suffers from the same.

A company dealing with automobile business may want to increase their fleet at one point. If they had violated insurance policies before, they may be prohibited from insuring new ones and most companies may not want to be associated with such entities. This creates an opportunity for Maif agents. They help in clearing the cases and offer the services afterwards.

A fee is charged in time of restoring confiscated plates and cancelled licenses. A double fee is therefore imposed since a penalty was earlier awarded when the offence was carried out. This is an expensive practice which is common to many. Existence of such services addressing the same is of great help to the affected.




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