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Can you hold a life insurance policy of someone who died or do I have to cash it?
Wiki User
∙ 11y ago
Once they die you have to cash it if you want to get the benefit of it.
The policy does gain any more value after they die so its in your best interests to make the claim and get the payout.
Wiki User
∙ 11y ago
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How can you find out if someone left insurance policy and named me as the beneficiary after they passed away?
if someone died and left an insurance policy and named me beneficiary how can i find out
How can you cash in an insurance policy that your mother had on you after she has died?
My name is Gwendolyn Watkins Jefferson. Did my mother, Pearl C. Watkins have a policy on me?
Can a life insurance company say you are not eligible to cash policy on Ex husband who died recently that you have been paying for 19 years?
When an insured person dies, presuming the policy is "in force," and the contestable period is past (two years from the date of issue), the insurance company pays the death benefit to the beneficary(ies). Cashing in a policy usually can only be done by the owner of the policy, or by someone to whom the policy has been assigned, prior to the death of the insured.
Your grandfather has universal life insurance policy on you He died recently and you want to cash it in Can you do that?
If you are over 21 you are now the owner and can do whatever you want. Be careful, if you are young I am certain your reasons for cashing it in are for fun and frolic rather than reason. Your grandfather bought you the life insurance for a reason and I am sure it is a fine policy. Do not now go doing something stupid. Is it in your bnest interest to cash in the policy? Seriously?
Can you cash in my policy if my benificary died before me?
The owner of the policy can change beneficiaries at any time. The owner can also determine whether to continue making premium payments, take a policy loan, or take back the cash value of the policy. If the primary beneificiary died there may no longer be a need to keep the policy. You can change beneficiaries, or cash out the policy.
To see if your mother had an old insurance policy?
mom died need to know if she had a policy.
How do you find out if someone had a life insurance policy when they died?
Locate the name of the insurer that issued the policy; from there you can contact the insurer to start a claim, even the policy number is unknown. Search through files, safe deposit boxes and other areas where your loved one might have kept insurance documents. If you can't find evidence of the policy there, try to find out the name of the life insurance company that issued the policy.
My partner died and left an insurance policy but didnt make a will i had 3 children with her am i entilted to her insurance money?
Not unless you are named on the policy.
How do you find out if someone had a life insurance policy before they died and you suspect executor did not notify you?
If you are allowed to look at the person who died personal records, you want to check bank statements with withdrawals to an insurance company. You must be legally allowed to do that though!
In the Vietnam war what was The Insurance Policy?
every 1 died every 1 died
If someone took out a modified benefit whole life insurance policy in June 1998 and died in August 2008 and the policy was 5000 what is the death benefit paid?
5000 contestability period is two years
Can you cash in your brother life insurance that you been paying for?
It depends on the situation, the beneficiary set up, if he's dead or not, and what kind of life insurance you had. If he died and left the money to someone else, you don't have a claim on it at all.
