0
If a person has a life insurance policy that is part of a group plan and if that person is no longer part of the group but continue to pay for the plan is the plan still valid when going to collect?
Wiki User
∙ 11y ago
If the group never cancelled you as part of the certificate, you should still be covered.
Wiki User
∙ 11y ago
If the person is no longer part of the group but continues to pay for the plan, the plan may not be valid. Group life insurance typically requires active participation in the group in order to be eligible for coverage. It is best to contact the insurance provider to confirm the status of the policy and understand the terms and conditions.
Add your answer:
Earn +20 pts
Who is eligible to collect life insurance?
The person who is eligible to collect life insurance is the beneficiary. Anybody can be named the beneficiary. There are steps that need to be taken before a person can collect.
Can you collect claims from your insurance and the other person?
if your accident is severe enough and the other person is underinsured - then you could collect from their insurance (must be their policy limits) and your insurance under the "underinsured coverage" or UIM - Underinsured motorist
Can you continue to renew the insurance on a vehicle belonging to a deceased person?
No, it is insurance fraud/ identity theft.
If you have no insurance and your car was hit while parked does the other person's insurance company pay?
It should. But it's much easier to collect if you have your own insurance.
Can you collect a life insurance policy on a person who has been sentenced to death?
== == I don't see any reason why not.
Does home insurance continue to the executor after a person dies?
The executor should contact the insurance company and notify it of the death of the owner of the policy.
If a person let a house burn down with the intent to collect insurance what would the charges be?
The person would most likely go to gaol
Should I sign a Letter of Subrogation from my insurance company?
Yes, it's mandatory, a part of the Insurance Contract that you signed up for. They don't let you collect twice. If they collect from the person who hurt you, then you would get your deductible and co-pays back. F
Can you collect more than the at fault person is insured for?
You can win an award for more than the insurance limits. Now, try to collect the extra directly from the insured. Good luck.
Why would a insurance co ask if you've been bankrupt when making a claim for pet insurance?
The insurance company wants to find any possible risk factors that might lead a person to kill there pet to collect on the insurance policy.
If person A rear-ends person B and Person A's insurance pays can Person B get a quote and collect money or do they have to wait for the bill and have insurance pay or reimburst themselves?
It depends on insurance company A . Ring them up and say "can I have the money." If you say you can fix it yourself for less than any of the quotes they may well say yes.
Can you continue to carry car insurance on a car you no longer own and simply add the current title holder as a listed driver?
Once the title is transferred to another person the insurance on that vehicle is null and void. The other party needs to purchase their own insurance. The only exception is if the new owner is your spouse or child who live in your home. Even in the case of an adult child they should have their own insurance policy.
