kayode10
VIP Contributor
No matter which your country of residence, it is very certain that the laws will be differ from state to state.
But there are some companies that have branches across all state in a country. This is is common to insurance companies in my country. They will have headquarters at the capital state and have branches across the nation.
The same is applicable to some of the financial institutions like bank. You will see the commercial bank having multiple branches across the country.
One thing is that the governing bodies propose different laws for different issues and this include the financial aspects.
With this, there is possibility that the insurance policies will differ from state to state.
So I want to ask that with these different insurance policies from states, does insurance work only in one state?
But there are some companies that have branches across all state in a country. This is is common to insurance companies in my country. They will have headquarters at the capital state and have branches across the nation.
The same is applicable to some of the financial institutions like bank. You will see the commercial bank having multiple branches across the country.
One thing is that the governing bodies propose different laws for different issues and this include the financial aspects.
With this, there is possibility that the insurance policies will differ from state to state.
So I want to ask that with these different insurance policies from states, does insurance work only in one state?