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Q: What prohibited an agent in most states from going when he attempt to sell am insurance policy?
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Does a homeowners insurance policy have to have the name of the current owners on the policy?

Yes, of course. The current owners on the policy have to pay for the insurance policy, This is why this policy states that it is a homeowners policy.


If insurance policy states one beeficary what happens with multiple people on a will?

Benefits paid from an insurance policy are separate from property that is left in a will. With an insurance policy, it is paid to the named beneficiary. That is not controlled by the wording of a will.


What is a condo insurance expiration date?

Your insurance policy clearly states its date of expiry.


What is incontestable period in life insurance?

The Incontestable Clause in a life insurance policy states that after the policy is In Force two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.


Who regulates the Standard life insurance policy?

The standard life insurance policy wording is requlated by the various stae insurance departments. Basically, the standard life insurance policy covers death by any cause at any time in any place. Death by suicide within the first 2 policy years is an exclusion in most states, 1 year in some states.


What if you are not in your Fathers will but am a beneficiary of a life insurance policy?

Then you will receive whatever the life insurance policy states. These are two separate issues / documents and have nothing to do with each other.


What is contestability period in life insurance?

The Contestability Period in a life insurance policy is usually two years. You can find this by looking at the "Incontestable Clause" in your life insurance policy The Incontestable Clause states that after the life insurance policy is in force for two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.


What is incontestability clause in life insurance policies?

You can find this by looking at the "Incontestable Clause" in your life insurance policy. The "Incontestable Clause" states that after the life insurance policy is in force for two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.


Can you can cancel your home insurance policy without penalty?

Yes. In the United States you can.


Which states offer perpetual homeowners' policies?

All 50 states offer perpetual homeowners' insurance policies. Perpetual insurance is an insurance policy that doesn't have a set expiration date.


Can legal expenses insurance be used by a solicitor of your choice?

Read the policy contract you have with the insurance company. Unless the policy states that you must use, or choose from, attornies of their choosing, you may.


Will your insurance company pay out life insurance claims in the event of suicde in California?

In most states, policies include a suicide exclusions for the first two years of the policy. I will look at your policy and call the insurance company.