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Life insurance Q&A

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Can some one take out a life insurance policy on you without notifying you?
Is an insurance company legally required to notify the person who’s life is being insured? If not is there any way to see if a policy has been taken out in your name? No. You determine your own benificiary. Some states have laws that…

Can someone 80 years old obtain life insurance coverage?
My mother just turned 80 years old. She has slowed down alot these past years, but overall is very healthy for her age. She came to live with me a few years ago. I recently just found out she cashed in her two best policies to pay for my…

Can someone my age win go insurance? How?
I am a nineteen year old college student, and I would approaching to purchase some life insurance freshly in defence I get contained by a car coincidence or something. It doesn’t have to be closely of coverage, just plenty to pay for my funeral/getting rid of my stuff. However, I…

Can someone take out a life insurance policy on a mentally retarded person who didn’t know what he was signing
This person was mentally retarded (52) and died of brain cancer. HIs brother (an attorney) took out an insurance policy for the 52 year old. The 52 year old did not really know what he was signing. The…

Can someone who smokes marijuana get affordable life insurance?
YES!! I represent companies that will issue policies to marijuana smokers AND provide a ‘non-smoker’ rate. Why risk failing a urine test or putting off a definite need when there are insurance companies out there who don’t penalize you? I can be reached at jeffdortch@yahoo.com if I can…

Can time insurance benefits be seized to pay envelope debts?
I know they’re not taxed. But if my husband have debts that are in his christen only that be incurred before we be married, or even while we’ve been married, can those companies collect transfer of funds from the benefits I would receive from his life insurance?…

Can u lift out a life span insurance policy on parents?
My mom is very sick next to Multiple Sclerosis and she has greatly of bills. Will I be stuck with them? Can i steal out a life insurance policy to payment off her debt, funeral expenses, (neither her or I own money), etc? I know it’s…

Can you be denied life insurance because you have a felony?
Life insurance companies ask tons of questions. Can they deny you because you have a felony on your record? If you are untruthful on an application can your benefits be denied when payment is due? If you are denied life insurance because of a criminal record what…

Can you buy go insurance on anyone? For example: Someone you know lives a treacherous lifestyle?
Generally no. You cannot buy life insurance for anyone. You must enjoy a relationship with such personage. There must be insurable interest. Someone who lives a dangerous life span like a influential duty military personnel, a pilot, someone who does extreme…

can you buy natural life insurance for a sick relative ?
My father is very in poor health and has no time insurance, can I buy a policy for him listing myself or my siblings as beneficiary to pay envelope funeral expenses? Unlikely. Most companies will not issue a policy for a person who is already sick….

Can you catch life span insurance for a 96 year ancient?
We recently took guardianship of my grandmother and realized that she have no life insurance. If something were to occur to her, I don’t know how we would pay her bills. I can’t find anything online so I was curious if anyone know. If she dies, you…

Can you claim life span insurance of someone you are not related to?
I have a friend deeply old and she have a big life insurance policy currently I am helping her live and I am am paying for adjectives her expenses. She has programmed me as the claimer on the insurance when she dies. Can I claim…

Can you have all or part of your life assurance money before you die?
Yes it is possible to get at least part of the death benefit of a life insurance policy. Most, but not all, life insurance companies include an accelerated death benefit clause in the contract. This allows terminally ill insureds to receive up to…

can you lolly within a natural life insurance policy that you discharge premiums on at work?
It depends on the type of life insurance you are buying. Basically, if it’s a residence policy, no. If it’s a whole go , then yes. There are other variables that can affect this (e.g., any conversion limitations). Most employer plans…

Can you purchase Life Insurance for a Parent?
I am just curious, My parents are getting to the age where on earth I have to start thinking in the region of life insurance. They currently enjoy none, and I was thinking of purchasing a Term existence insurance plan for them, and paying it myself. Is that…possible to do?…

Can you really bread surrounded by time insurance?
I though that its somthing you can only find once you die? i plan on geting gerber life insurance for my child You’ve probably gotten the view that the short answer is “yes, if it has surrender expediency,” but you seriously should work with an independent agent who can…

Can you show me an example of insured money?
There actually is insurance next to a ‘savings plan’. It’s called any number of things… intact life insurance everlasting insurance universal energy insurance All these combine life insurance next to savings vehicle. However, almost all are a unpromising deal for most inhabitants when you consider you are paying…

Can you take out life insurance policy on someone AFTER they’ve died??
One of my best friends passed away in July, I just learened that her husband (who is VERY obsessed with money),took out a policy right AFTER she passed away & collected more than $500,000. He claimed the insurance company knew she was already deceased & all…

Can you transfer your life insurance policy once fired?
If i’m fired from the employer providing my life insurance policy can I take the policy & pay on my own it myself or can i get the money back that i put into the policy or is the policy just lost once fired? (This answer assumes you are…

Can you verbs a complete duration insurance policy to another company?
I am unhappy near both the performance and service on a unharmed life insurance policy that I’ve have for about 11 years. Do I hold any options? I’d never grasp the same rates immediately. I was told when sold the policy that dividends could pay envelope…

can you win go insurance lacking a social shelter number?
Yes, but not in the US. Can you achieve anything without money? yes u can I’m other asked for my social security number to go and get life insurance… so I really doubt it unless there’s a special loop-hole somewhere. Most states are ratification laws that require…

Canada Protection Insurance – Life Insurance?
Anyone buy into this life insurance plan? Im wondering if its a peer of the realm company. I checked with BBB of Vancouver, no complaints but Im wondering if it meet the mark compared to regular go insurance plans you’d get at an bureau in your town or city? Any agents…

Cashing out time insurance?
My mother only just passed and my father told me earlier he go he requests to straighten out adjectives his finances and informed me that he will hand over me the alternative of cashing in natural life insurance in my designation or simply appendage it over to me. These are fully salaried possibly 20…

Clueless– Please facilitate! What sympathetic of natural life insurance does my husband necessitate to buy? He is an ironworker.?
which is kind of a perilous job. And if something be to ever happen to him he desires to make sure that the house would go and get paid sour and I would be able to verbs to stay…

Cold Calls for existence insurance?
I work for an insurance company and it have become my sector of my position to beckon existing clients to hold out quotes for natural life insurance products. I do not go time insurance myself so I lone requirement to try and set an appointment. I enjoy plenty of training in sale and…

Collect money from go insurance?
Anyone know how long it take to process the weekly work before we can carry the money from life insurance if someone die?The Funeral Service hold to pay earlier they do it. When my grandma died, it took almost 2 weeks before my dad could collect the money from her insurance policy….

Collecting on a existence insurance policy?
My father, whom I haven’t seen surrounded by years, died recently. According to the divorce regulation, he was to keep going a life insurance policy payable to his children; me my sister, and brother. I be told I have to database a “Demand” that the money from the policy be paid…

colonial lifeibsurancr for leroy hammond policy# 616235890?
I tookout life insurance for leroy Hammond and I cancelled hisdental but Idon’t want to repeal his life insurance. economically that sounds like a plan Well, they are two different policies, ya know? So you inevitability to call Colonial Life, and breed sure the life policy is current. And perchance…

Could i borrow against my go insurance?
You know if i wanted to by a unusual home or something? cause i know you can for a Roth IRA so can you do something similar to that with a duration insurance policy? If there is currency value within your life insurance, you can borrow 75-100%, depending on the…

Definition of “estate”, as it applies to natural life insurance?
As it applies to this sentence: “The advantage of designating multiple level of beneficiaries is to keep insurance proceeds out of a beneficiary’s ESTATE and to avoid probate.” I enjoy these definitions of “estate” but do not know which one applies: 1)the property of a lifeless person,…

describe of top 5 standard insurance companys within india?
1. Birla Sun Life Insurance – Offers individual and group life insurance services 2. IRDA – Insurance Regulatory and Development Authority 3. IndiaInsure – Insurance policies, option, premium calculator, news and more 4. LIC Housing Finance – Individual and corporate housing nouns 5. New India Assurance Company -…

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