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Is there still a Company Called the Life Insurance Company of Virginia How do I cash in an old policy?
Wiki User
∙ 12y ago
My husband just passed. I have an old policy taken out in the late 40's.
How do we handle this.
Do you need me to give you the poilcy number on line or should we call the phone number posted on line?
I will wait for your answers.
Mrs. Ralph (joan) roy.
Wiki User
∙ 12y ago
Add your answer:
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How do you cash in an old policy from Life of Virginia insurance company?
Contact the company (or who it's been bought by) - the policy is still good - ask them what you need to do - and you will probably need a death certificate.
How does one cash in policy on The Life Insurance Company of Virginia?
You contact your agent or the companies claims department and tell them you wish to cash in the policy.
How can you find a life insurance policy if you have insurance company name and policy number?
You can call the insurance company and provide your policy number, and they can provide any details on your policy, or send a duplicate policy if the original was lost.
Can you get a print out of your life insurance policy?
Yes, your agent or the insurance company can provide with a copy of your insurance policy.
How does an insurance company benefit from insurance?
When an insured purchases an insurance policy they pay the insurance company money for the insurance coverage. This money the insurance company collects is called insurance "premiums". The insurance company, using the law of large numbers, collects more money in premiums than it pays out in claims. The insurance also makes alot of its money by taking the money earned from premiums and then investing it. As we all know that Life insurance policy cash values are accessed through withdrawals and policy loans. However, withdrawals are taxable to the extent they exceed basis in the policy. Loans outstanding at policy lapse or surrender before the insured's death will cause immediate taxation to the extent of gain in the policy and hence benefits the company.
What happen to an old insurance company called Commercial State Life Insurance Company?
How do I find out who has my policy I had with Commercial State Life INsurance Company
A written contract between an insured person and an insurance company?
It is called in insurance policy.
What are the provisions of an insurance policy called?
A provision of an insurance company is often called an automatic premium loan. A provision is often added to life insurance policies as a rider on an insurance policy that has a cash value.
How can risk of a company be prevented?
How can a risk of a company be prevented is by taking an insurance policy. Now, What is insurance? Insurance is the agreement between two partners to undergo a certain agreement in case of any unfortunate circumstances. The first partner is called the insurance company(insurer) while the partner is called insured, which is the person taking the policy. For a company to be prevented from risks it will has to take an insurance policy; for this risk occurring the insurance company will has to pay a certain sum of amount (called premium) to the company in other to cover half or almost the risk. So, with this, the company will be prevented from risks of any nature.
How do you cash in an old policy from Life of Virginia insurance company?
Contact the company (or who it's been bought by) - the policy is still good - ask them what you need to do - and you will probably need a death certificate.
How can you find a life insurance policy if you have insurance company name and policy number?
You can call the insurance company and provide your policy number, and they can provide any details on your policy, or send a duplicate policy if the original was lost.
How does one cash in policy on The Life Insurance Company of Virginia?
You contact your agent or the companies claims department and tell them you wish to cash in the policy.
What is an insurance reinstatement?
When a insured person is not able to pay his/ her premium on time then his/her policy got surrendered by the insurance company. If after some time that insured person comes to company and ask to revive the policy then this revival/ reactivation is called reinstatement of the policy.
Who bought The Union Life Insurance Company of Richmond Virginia?
I HAVE A LIFE INSURANCE POLICY ON MY SON RANDY FRANKLIN BIGGERSTAFF WRITTEN BY UNION LIFE INSURANCE COMPANY IN RICHMOND VIRGINIA, WHO OWNS THIS CONPANY NOW> INTERSTATE LIFE INSURANCE CONPANY, THE VALUE OF THIS INSURANCE IS PAID UP AND I AS THE INSURED MOTHER WANTS TO KNOW
How do you contact Life of Georgia insurance company?
I have a term life insurance policy that was fully paid in 1980. This policy is through Security Life Insurance Company of Georgia. How do I cash this policy in? I am unable to find the company !
Can you get a print out of your life insurance policy?
Yes, your agent or the insurance company can provide with a copy of your insurance policy.
The policy summary in a life insurance policy must include the insurance company's?
ADDRESS
