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An individual borrowed money at the bank to send his daughter to college instead of purchasing credit life insurance he used on existing life insurance policy to secure the debt this would be called a?
AaronJaureguefb9624
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Can your daughter be on your car insurance if you are not cosigner on her car loan?
Yes: Your spouse/children can be included on your insurance policy regardless of who was/if there was a cosigner on the car.
Can daughters buy life insurance on their father?
Yes. As long as there exists an Insurable Interest between two parties, they can buy life insurance. For instance, there is insurable interest between spouses, parents and their children, and relatives. A daughter may purchase life insurance on her father.
Can you own a life insurance policy on your married son and his wife?
Yes, parents and children have an insurable interest, so you can have a life insurance policy on your son and daughter-in-law. If they both happen to die prematurely and minor children will become your responsibility, then life insurance is not only justified, but needed.
Your daughter was named beneficiary for her fathers life insurance the money was put in a trust fund until she turned 18 Upon reaching 18 will the money she receives be taxable?
No. Life insurance proceeds are not taxable. However, depending on the trust, the earnings, if any, while in the trust may well be.
What steps should I take to give my life insurance in life annuities, as opposed to a lump sum?
Many life insurance companies simply give you the option for the payout. Simply contact the company and explain this to them, either over the phone or in person is best. You have the right idea, as that way your daughter can't accidentally spend the entire thing.
Your daughter borrowed your car and had accident she has coverage from a different insurance company Will your insurance or her insurance cover the cost?
That's usually dependent on the state laws and individual policies. most states go to the vehicle first then the driver. If she lives with you she better be on your policy already or the have cause to deny it. If her policy covers her driving other cars (most do) then you can go through hers. As long as both companies accept coverage, then its your choice.
If you have insurance and let your daughter drive your car and gets into an accident will your insurance cover for the damages?
when you get the insurance you can register your daughter as an autorized driver and the insurance will cover for the damages.
Your daughter has insurance where she works but wants to use your insurance as her primary Can she do this?
If your daughter is listed on your insurance policy and a premium is being collected for her, then she can use your insurance. If not, she will need to use her insurance policy at work.
What if your daughter has a car accident with your car?
This is actually a pretty complicated question. If you have insurance and your daughter is on your policy, you are covered. No worries. If you have insurance and your daughter has her own insurance, you are covered. If you have insurance and your daughter has no insurance, is not on your policy, and isn't part of your household, you are probably OK. Insurance will accept her as an alternate driver. If you have insurance and your daughter has no insurance and no license, you most likely have a rider on your insurance policy that says she is not a covered driver. You may be screwed. Depending on the state you live in, you may still have minimum liability and the other coverages may be void. If you have no insurance and your daughter doesn't either, you are screwed. The other driver and their insurance company will sue her (as driver) and you (as registered owner) and you are each jointly liable for the full amount of damage. With no insurance company to negotiate for you, you will be paying till it hurts.
What is the ABC family movie where a mother and daughter stay with a rich man on Christmas?
borrowed hearts
Mother let her unlicensed daughter drive daughter caused a wreck does insurance have to cover?
They may not if there is a clause in the insurance agreement that the insurance will not be paid out in the event that an unlicensed driver is in control
What is a Additional named insured?
Individual added to a life insurance policy other than the insured named in the policy. For example, an insured father can have a dependent son and daughter added to the policy as additional insureds. In many instances, adding an additional insured to an existing policy is less expensive than purchasing a separate policy for that insured. In property and liability insurance: another person, firm, or other entity enjoying the same protection as the named insured.
Can you get life insurance for your addicted daughter?
This would depend on the insurance company and the policies they offer.
Can you deny a step mother from putting your daughter under her medical Insurance?
Why do you care as long as your daughter has coverage? Are you wanting to pay for her to have insurance? Tell the Judge. How dare she.
Do you have to pay sales tax on a car when purchasing it from father to daughter?
This will depend on the state that you live in and the regulations and laws of that state. Being related will not make a difference if the law in your state says individual sales are taxable then you will have to pay sales tax.
Can you get auto insurance if you are under age?
quote on auto insurance for my 16 year old daughter
Can a person take out life insurance on their sick daughter?
you can if your daughter is younger than 18 years. but they cant sell you an insurance if it is not under your name. you have to be able to have someone to insure.
