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yes you can just go to a insurance place and take out insurance policy he will have to be there also,
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∙ 18y ago
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Can i take out a term life insurance policy then quickly sell it?
No, because Term Life insurance policy has NO cash value.
Can you take out a life insurance policy on an ex-husband?
Only if he is agreeable to allowing you to purchase the policy. He would be required to sign the application as the proposed insured and you would sign as the owner if you plan to keep the policy yourself. You cannot take out an insurance policy on someone without their knowledge and there must be an insurable interest.
Can you drawn funds from life insurance policy with United Investors Insurance Company?
If the policy that you have with United Investors is a whole life policy and has accumulated cash value then you can take a policy loan against it. And then you would pay that money back plus interest which is basically like paying yourself back. Or you can cash in the life insurance policy and take the cash value with you
Do you get a 1099 if you take out a loan on a life insurance policy?
No. It is a loan, not income.
Can you take a loan against your life insurance policy?
Yes, but only if it's a cash value type of policy, not a term policy.
Can an life insurance policy be taken out on your children by the husband and grandmother with out your permission?
can the grand mom and her son take a life insurance policy out on me and his children without my {legal wife} permission
Can a wife take out a life insurance on her husband and name herself as the beneficiary and keep that policy in effect after a divorce?
Yes. However, who will be the owner of the policy? The husband would have to sign the application and take the exams.
Who can own a life insurance policy on you?
A husband can buy a life insurance for his wife. Husband becomes the proposer and he is also the beneficiary in case of any unfortunate death of wife. Similarly a working wife can also propose a policy for her husband. Father or mother can take out a life insurance policy for their children. Children cannot take out life insurance policy on their parents name as there is no insurable interest for them to do so. Almost anyone with relationship interest can be the owner of someone else's life insurance policy. The further removed the proposed owner is form the insured, the harder it will be to explain ownership. Note that corporations can also be the owner of policies.
Is it legal to take a life insurance policy out on a common law husband and get paid if he should die?
Yes, as long as he consents to the policy being issued.
Can you take out a life insurance policy on your ex husband without his permission?
Do you have an "Insurable Interest?" Like Child Support or Alimony?
Can you take out a life insurance policy on any individual you wish to?
no. there are laws for life insurance policy and is illegal to take it out to any individual
Can i buy a life insurance policy on anyone?
No. You have to have an insurable interest in the person's life in order to take out an insurance policy on their life.
How long does it take to cancel your life insurance policy?
I have a whole life insurance policy, how long does it take to cancel it, also can I get money back from it.
Can i take out a term life insurance policy then quickly sell it?
No, because Term Life insurance policy has NO cash value.
Can you take out a life insurance policy on an ex-husband?
Only if he is agreeable to allowing you to purchase the policy. He would be required to sign the application as the proposed insured and you would sign as the owner if you plan to keep the policy yourself. You cannot take out an insurance policy on someone without their knowledge and there must be an insurable interest.
Can you take out life insurance on your husband in MA?
no,never.
What is an high price for insurance?
The price of insurance depends upon what you are insuring and how much insurance you want; there is no limit to the price of insurance. If you want to take out a billion dollar policy on the life of your husband, the premiums are going to be very high.
