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It depends. Life insurance is non-taxable and non-attachable. If the policy is paid directly to beneficiaries not affiliated with the deceased's estate then probably not. However, after the proceeds are paid it just becomes money and if those proceeds are part of the estate, then they probably can.
It also depends on the laws of the State, so I would check with a lawyer if it was a major concern.
MyInsuranceXpert
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∙ 12y ago
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What will health insurance do?
Your health insurance will help you financially whenever you get admitted into hospital. It will take care of your all medical bills.
Do dogs have to have medical bills?
Dogs don't have to have medical bills, but if you take a dog to a veterinarian for medical treatment, the dog willhave medical bills.
How do you handle medical bills without insurance?
Pay cash or check with the money you saved by not buying insurance. Insurance companies only pay out about one dollar for every three dollars they take in.
How do you get help financially when you take care of your spouse?
I think insurance plays a big role.it will cover medical and dental plus a life insurance.
Does the person have to know if you are taking a life insurance policy out on them?
Yes, of course, and there is usually a medical exam they have to take.
Can you take out a Life insurance policy on a parent?
Yes, you can take out a life insurance policy on a parent. There must exist insurable interest between the owner and insured of a life insurance policy. There does exist insurable interest between spouses, parents and children, and siblings. So, yes, you can buy life insurance on your parent. Your parent may need to sign the application, answer some health questions, or take a medical exam to qualify for life insurance.
What would one take a life insurance medical exam for?
Some insurance companies require one to take part in a medical examination before being accepted as one of their customers. The majority of the time it is to ensure that one is not deathly ill and will become deceased shortly after obtaining insurance.
What happens if you have no home insurance and someone falls and hurts themselves?
They could sue you for whatever damages, medical bills and pain and suffering, they incurred. They could, theoretically, take everything you have.
Can you sue a health insurance company for failure to pay a claim which results in damage to a credit score?
From a medical provider POV, you are ultimately responsible for your medical bills. You have the contract with the health insurance company, not the provider. Most offices bill your insurance as a courtesy, knowing they will take a writeoff. If the insurance did not pay, there was a reason given on your EOB, and it is your responsibility to find out why. Most offices are more than willing to take payments, collections is a last resort.
How could you raise money for your mum?
Depending on why you need to raise money for your mum is how you get the money. To pay bills, etc,.; Take a little bit out of your job pay check and help her pay the bills. To help with medical problems/bills; Find out what the insurance can offer. From there take it to court. You may get a settlement for why she is injured, etc. If anything else...improve my answer.
Can the IRS take my tax return for past due medical bills?
No
What is the benefit of family medical insurance above individual medical insurance?
The benefit of family medical insurance above individual medical insurance, is that your premiums are much lower and the whole family is covered, instead of having to take out separate policies for everyone.
