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Is there an insurable interest, like child support, alimony, estate planning for the kids? Is the x-spouse willing to sign the application and take the physical?
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∙ 15y ago
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Can your child be a beneficiary under your life insurance policy if you do not have legal custody of her and can a life insurance company require that you be their legal guardian?
Yes
Can the legal guardian of a comatose patient change the beneficiary on a life insurance policy?
No, not unless the legal guardian is the owner of the policy. 4lifeguild
How do you find an unauthorized life insurance policy in your name?
It is legal to take a life insurance policy out on someone else. Wal-mart does it to their older employees, and cashes in when the employees die.
Can an life insurance policy be taken out on your children by the husband and grandmother with out your permission?
can the grand mom and her son take a life insurance policy out on me and his children without my {legal wife} permission
What happens if the beneficiary of a life insurance policy is deceased and there is no will?
In case of death of the policy holder, with beneficiary already deceased and there is no will, the Insurance Company will pay only to the Legal Heir of the Policy Holder. The death claim will be kept in abeyance till the legal heir proves his legal identity to the satisfaction of the Insurance Company.
Are life insurance benefits part of a will?
It will state on the life insurance policy the name of the person or persons who are to receive the death benefit. Since a life insurance contract is a legal document, the insurance company is required to carry it out exactly as stated in the policy. The money may be argued over from that point, but the will cannot dictate where the money from a life insurance policy goes.
It is not important to have a life insurance policy.?
It is not important to have a life insurance policy.
How do you find out all the legal details involved in surrendering a life insurance policy?
Can you be more specific
What is the executor on a life insurance policy?
The Policy Holder of a life insurance policy is the executor of the said policy.
Can a HUF propose a life insurance policy for members of HUF?
Yes, HUF is a legal entity and can take insurance policy on its members. It will also get the benefit u/s 80C .
Who receives the benefits or money from a life insurance policy upon death of the insured?
Nominee stated in the policy or the legal heir if no nominee is mentioned.
Who receives the benefits or money from life insurance policy upon the death of the insured?
Nominee stated in the policy or the legal heir if no nominee is mentioned.
