Did the insured know he had any issues with cancer? For more info. see http://www.steveshorr.com/wrong.or.imcopmplet.info..htm
The Insurance company should ideally check the validity of the relationship (whether legal spouse) at the time of issuing the contract or at the time of naming the beneficiary. Again the basic essence of Insurance contract is the valid insurable interest. I presume the Insurance contract is binding on the insurance company and the surviving spouse need to be compensated with the benefit amount of the Insurance contract.
Generally, the parties would be the insurance company, the insured and the dentist. However, depending upon the nature of the policy, there may also be an entity, such as a third-party administrator that is responsible for pre-approving procedures and issuing payment to the provider.
I'm not taking your question lightly, but if YOUR life insurance beneficiary is going to receive money, that means YOU died. Hence, since you would be gone, there would be nobody to notify. The insurance company has to be notified of your death. Your BENEFICIARY or policyowner or executor has to FILE A CLAIM to receive the death proceeds. The check is usually just sent to the beneficiary or beneficiaries. Sometimes things are a little more invovled when there are title questions, like a divorce, or dying intestate, or if the insurance company is notififed of a dispute in court over the ownership. If you're having a dispute, notify the insurnace company of the dispute and the person's death, so they can freeze issuing the proceeds to someone who may be last listed as the beneficieary, but the court finds in favor of another party.
An ex-wife remains as a "Named Beneficiary" until such time as her ex-husband authorizes the Insurance Company to remove her name as such. If the ex-husband re-marries, his new wife does not stand to benefit from insurance proceeds until he makes the change with the issuing company. A common mistake is for divorced couples to not change their beneficiaries and when a death occurs, the new spouse finds out that the ex gets all the insurance benefits leaving the new spouse with nothing.
No, Insurance is a means of contractually transferring risk including the risk of liability to another entity, namely the Insurance Company issuing the policy.
The term "insurance carrier" is equivalent to "insurance company" or "insurer". It is an entity that engages in the business of issuing insurance policies to individuals, groups, or other entities. In return for the payment of money (a premium), it assumes a range of financial risks for the person or entity insured. The range and causes o fthe risks, and the amount of financial risk assumed, is specified in the written contract.
Life insurance companies will require date of birth, gender, tobacco use, and area of residence before issuing a quote. They may also require height and weight and have other questions about specific medical conditions of the person to be insured.
You should have received a fix-it ticket. Moving violations appear against your drivers license. Insurance companies can consider it when issuing insurance if it appears on your driving record. However, if you are already insured, It probably won't affect your rates.
Sure you can. You can buy a car and then give it away or donate it. You can even junk it if you wish. You will however have to put the car in someone name who has insurance on the car as they will ask for proof of insurance before issuing a title.
Most often yes, but some insurance companies do not consider credit when issuing a rate. Ask your agent or insurance company if they do use credit scores and why.
Any number of reasons, 1 the driver was excluded or otherwise not an insured under your policy. or 2 insurance proof was not furnished in a form of writing when requested by the law enforcement officer.Answer"Why would someone get a ticket for no proof of insurance, when she is insured?" In most states, you are required to provide proof of insurance if stopped by an officer. If you cannot furnish a current insurance card he has the option of issuing a traffic ticket.Normally you can take a notarized letter from you insurance carrier to the clerk indicating coverage for the driver was in effect and the ticket will be dismissed.However you state in your post that your wife is excluded. If a person has been excluded from the policy she is in fact driving without insurance.
I'm filing for unemployment and a field required is issuing company...it is on the same page asking for a personal id other than your social security. What does this mean? Issuing company???