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Access Insurance

Posted on March 31, 2010.
Access InsuranceInsurance companies can access your bank account?

My friend was in a car accident and now he is prosecuted. It has small investments in mutual funds. Then access oarty another insurance company to its bank accounts and investment and know exactly how much money it worth?
Otherwise, he has no home and does not have a car or any other type of asset. It is currently not working right now.

If the person is prosecuted, the insurer most likely is the legal representative and may request that your friend give up personal financial information. However, it is not really important, because once in court and if the person who pursues and wins suit them, you must pay. If there is an inability to pay because of limited resources, the courts will set up a payment plan for the prosecutor (depending on state).

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