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yes. you can cancel a policy at anytime. and most all states give you a 10-30 day "free look" period where you have the right to return the policy in those days and get a full refund of any premiums. but you can cancel at any time no matter what
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∙ 14y ago
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Can a homeowner insurance company tell you to get a new roof are they will cancel your policy?
yes. They can consider the house uninsurable and cancel your policy unless you get it up to code.
Should you drop your cash value life insurance policies?
That depends on your individual life insurance needs. If you absolutely need the cash payout from the money that has built-up within your policy, you may want to drop your policy. Or, if you can't afford the coverage, or don't need the coverage. Another reason people drop their cash value policy is to get coverage through term life insurance that meets their life insurance needs at a lower price. If you drop your policy to buy a new one, make sure you have been accepted and approved for your new policy, before you cancel your existing life insurance policy.
Can you transfer homeowner insurance policy to new owner?
No. You will have to cancel you policy and the new owner will have to apply for a new policy. The homeowner's policy is partly based on the home and partly on the person so the new owner will be underwritten as well as the property.
I had a house fire last year and my insurance company dropped me after the claim Can my girlfriend purchase a homeowners insurance policy and claim that she has never had a canceled policy?
She can buy a new policy all day long and claim she had never had a policy cancel if: 1. She is the only person on the deed to the house. 2. She never had a policy cancel.
What is contingent owner on life insurance policy?
The new owner of a life insurance policy if the original owner dies before the insured.
Who cancels an old auto insurance policy when you change to a new policy under a different company?
The policyholder should contact the insurance company and cancel the policy - you might get a partial refund if the premiums are paid up-to-date!
Can you get a life ins policy on your new husband in the state of new york?
If you mean to ask if you can get a life insurance policy on your new husband WHILE HE IS in the state of New York and you're not there, the answer is no. He has to sign the application. If you mean to ask if you can get a life insurance policy on your new husband AND BOTH OF YOU ARE IN NEW YORK, yes because he can sign the application. If you mean to ask if you can get a life insurance policy on your new husband WITHOUT HIS KNOWLEDGE, the answer is no because he has to sign the application.
What is the best life insurance policy in India?
Government Owned Life Insurance Corporation of India's New Jeevan Anand Policy is at present the best insurance policy in India, which is a mixture of endowment and whole life policy, which is indeed novel and unique in the whole world.
Life insurance policy holder since 1965.Need to find new face amount.?
need to find out how much my life insurance policy is worth
Does a persons auto insurance terminate when they die?
The policy does not automatically cancel. The person who is the executor or administrator of the estate needs to sign a cancellation in order to cancel the policy. If the policy needs to stay in force for a while to allow the transfer of titles and such, usually the insurance company will agree as long as any and all drivers are added to the policy. As titles are changed the new owners need to get their own policies.
Does a life insurance policy supersede a will in new york?
this question makes no sense.
What is a whole life insurance product?
A whole life insurance product is life insurance policy that lasts for the entire lifespan of the individual under the policy. New York Life and Mass Mutual are two popular companies that offer whole life insurance products. Check out their websites for more information.
