A Successor should be named in the policy as a person that personal property and monies will be transferred to after a decedent estate is distributed.
If I'm not mistaken the successor to Stockman's National Life Insurance company is World Service Life Insurance company of Forth Worth Texas
It is not important to have a life insurance policy.
The Policy Holder of a life insurance policy is the executor of the said policy.
What do you mean by research? Look at the internet or AM Best ratings - see who the successor company is. Phone customer service and describe the policy. They will tell you its values.
Scott
form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_
You can get money from life insurance in the form of maturity benefit and death benefit (the later being paid to the nominee).
A life insurance policy is "portable" when upon leaving the group policy, you transfer your life coverage to an individual life policy with the same insurance carrier with no changes to the policy or increase in premium.
There are many policies offered by General American Life Insurance. These include the Variable Life Insurance policy, the Condo Insurance policy and the Boat Insurance policy.
Technically, there is no insurance policy called as permanent life insurance. However, you can treat whole life insurance policy as permanent since the policy covered the whole life span of the policy holder and benefit is payable to nominee in the event of any eventuality of the policy holder.
how do you lacate a life insurance policy that was with southern life and health insurance company 30 years ago
Actually, whole life insurance policy other than endowment,single premia or ulip policy can be called ordinary life insurance policy.