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Is it legal to buy life insurance on family member without their knowledge?
Usually, the life insurance company requires that the insured person provide information regarding their health, such as answering health-related questions on the application, take a physical exam, and sign the application for life insurance coverage. Because of these requirements, it would be difficult to take out a life insurance policy without the insured person being advised on the policy. However, some life insurance companies may offer simplified issue life insurance; such as, Globe Life for adults or children, Gerber, Colonial Penn, Garden State Life, etc. In this case you may have a parent buy a life insurance policy for their child, or an adult buy a life insurance policy for their spouse either online, over the phone, or through the mail. However, these policies still may require a signature from the person whose life is being insured. So, that being the case, it would seem possible, and legal, if life insurance companies who offer simplified life insurance policies are already doing it, in a way. I am not certain about the signature from the insured person. You should inform the person you are taking out a life insurance policy on.
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When adult children refuse to buy life insurance can their parents purchase it for them without the childrens knowledge?
Life Insurance cannot be purchased on someone that is not aware. They do have to sign paperwork and the beneficiary must have a insurable interest. This prevents anyone …from taking out insurance on someone and signing themselves as the beneficiary. When the child is concidered an Adult, they are responsible for getting their own. Unfortunately this is the case.
You do have a right to have a policy on your spouse as you have insurable interest. However you can not take out a policy with out the consent of the person to be insure…d. There is underwriting that has to be done including possible bloodwork and maybe a physical exam. Your spouse will need to sign to have this completed as well as giving permission for medical records to underwrite the life insurance policy. If you find someone to claim they can does any other way you are probably not dealing with an moral/ ethical company and I would have questions when it comes to claim time if they would pay.
How would a wife find out if her husband has changed his life insurance policy beneficiary at his job without her knowledge?
Answer You must know where he last worked (he could still be working there) so simply phone and ask to speak to him and if he no longer works there …you will be told. If he is still dealing with the same life insurance company phone them and let on you may want to bring your husband in along with you and possibly change the policy. They are more apt to give you information on this. Also, your husband must have a copy of that policy so I'd search around the house (if you are still living together) and find it. He may also have a safe deposit box at a bank. Answer Depending on the company, many of them require any beneficiary changes to have the signature of the spouse on them. I've worked for three major companies and they all made me have spouse's signature if the beneficiary was anyone other than the spouse. Answer The above poster is correct. However, if you call the insurance company and say "my husband and I would like to come in and discuss the policy" and your name is still on it they will ask more questions and ask what changes you want to make. If you are no longer on the policy you'll get the run around because they can't legally discuss this policy if you aren't the beneficiary. You'll have your answer.
No you may not. The insured must sign the application and in most cases be subject to a paramed exam based on the amount of insurance requested. The one exception to this rule… is an individual may purchase some life insurance thru work (if available) up to a certain limit for their family members without their signatures or knowledge. People buy life insurance for 3 reasons. Love, character or a divorce decree. If your spouse is a person of character and if he/she loves you, they will sign on the dotted line. 4lifeguild
In my experience, the answer is No. At least in Canada, the insured needs to be subjected to a blood test and a bunch of screening questions. Eve…n if you aren't to be listed as the beneficiary, it is still required that the spouse go through the proper health screening process. Answer yes Both are right You always have an insurable interest in your spouse, so yes you can buy insurance on them. However, most insurance Cos require physicals, medical reports and more to rate and give a premium for a policy. (The ones that don't 9unless part of a plan at say your employer) are going to have very expensive insurance). These things may be hard or impossible to get without the insureds consent.
Answer Yes. Are they willing to sign the application and take the physical? Is there an economic loss, ie insurable interest? Answer If your parents are in go…od health and are willing to sign the applications and appear for the medical exam, then there is nothing stopping you from taking out a policy in their names. However, in case old age and ill health are factors that are preventing them from being eligible for an affordable policy, there are many insurance companies that specialize in this type of high- risk insurance. Choose a life insurance provider that is well versed with the underwriting process involved in qualifying for such a policy and the resources to find insurance companies dealing with such specialized cases. You could maybe opt for a final expense policy that does not demand a physical since these are small policies intended only to cover funeral expenses. Keep in mind that there is a two year waiting period, in case of a natural death before you can claim any death benefits. Another option is a single-premium policy, where you pay a lump sum premium amount upfront, which can be claimed after death.
No, there are certain privacy laws that state you cannot film someone without their permission, especially if you put it on the Internet.
If you suspect a deceased family member had any life insurance, but you cannot find a policy, there are several things you can do to find policies. If the deceased had a polic…y through work you can contact the Human Resoures department. They will know what benefits the deceased had. You can also check with any credit cards companies the deceased used. There may have been death insurance through the credit card. For individual policies you can use one of the paid search companies to find the policy for you. Do a search using "find lost life insurance policy" or "missing life insurance policies" and you will find some reputable search companies. You should be aware that insurance companies do not turn policies over to State Unclaimed Property accounts unless they know the person has died and they cannot find the beneficiary. So searching unclaimed asset sites is a waste of time. The beneficiary has to find the policy if they hope to collect any benefits. That's why it's usually easiest to use a paid service.
It is not possible to take out insurance on a person with their knowledge. The insured must answer all underwriting questions and sign the application as well. The only case w…here this would not be true is if the insurance is being taken out on your minor child.
They can if it is bought while you are a minor, otherwise it is insurance fraud and is illegal without your consent.
The only way that you can take out life insurance without someone knowledge is if they are a minor and you are the parent. Any other way the person (Insured) must sign t…he application. These days Insurance companies are even strict on the owner of the Life Insurance for the Insured. There must be an Insurable interest.
ANSWER You may be able to qualify for up to $250,000 or more of term life insurance online without having to take a physical exam. Some insurers offer you instant …issue life insurance with no physical. You answer a few health questions and they decide within minutes, based on your answers, whether you qualify for the life insurance coverage. You may be able to apply for the policy online, pay your first month's premium using your credit card, and begin your coverage the same day. It depends on the insurance company. Answer Buy an insurance coverage whose total sum insured is less than or equal to free-cover limit or non-medical limit.
In the state of New Jersey can a husband take his wife off of his life insurance policy as beneficiary without her knowledge or signature?
Generally no. The insured must generally sign the application and take a physical. There are a FEW speciality policies that might do this. Here's ONE. http://www.piu.org/pdf/…Confidential%20Life%20501.pdf It won't do spouses though. For more info see www.SteveShorr.com/life.htm Of course he can take her off the policy and he can do that without her notice.He can have anyone at all as beneficiary
How can you find out if life insurance has been taken out in your name with or without your knowledge.?
contact an insurance agency, get the person to agree that it is okay for you to insure them, pay the money and wow...you have insurance Answer There is no separate… process to buy a life insurance policy for a family member. As long as he or she has granted consent and is willing to undergo the necessary medical exam one has to follow exactly the same steps as buying a policy for oneself i.e. calculate your premium, receive multiple quotes, choose your policy, complete the application form, complete the medical exam and pay the premiums once the medicals have been cleared.
Immediate family members would not be able to change someone's life insurance beneficiary without power of attorney. The life insurance policy is a legally recognized docu…ment signed by the owner with a designated recipient.
No, it is not legal to videotape employees without their knowledge. Legally, Employers must notify employees of any surveillance tapings.