My insurance said I had $200,000 for ALE Anonymous asked 1 year ago
My insurance said I had $200,000 for ALE

My insurance said I had $200,000 for ALE but if it is not all used I cannot receive it although I paid for those options. How can I get that money?

1 Answers
United Policyholders Staff answered 1 year ago

Your policy language determines what you are eligible to receive. Typically, policies state you must incur the cost to receive and reimburse you for ALE expenses incurred. However, when people are underinsured, some have successfully requested a cash out of their ALE coverage.