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Answered 2006-01-01 01:38:34

insurance proceeds are distributed to named beneficiaries In addition an insurance policy of a deceased that does not have a named beneficiary will be included in the probate procedure and the state's probate law of succession will apply.

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Though paying rebate to insured by agents is prohibited, that does not hinder in the way of getting insurance proceeds.


Yes, even if incarcerated, you will still receive proceeds from a life insurance policy if you are the valid recipient. They will not be able to receive the proceeds if they were the cause of the insured's death.


A certificate of marriage is not required to collect on life insurance. Life insurance proceeds will be paid only to the named beneficiary/beneficiaries on the policy. If all beneficiaries are deceased, then the benefit will be paid to the deceased insured's estate.


You may need to be appointed the fiduciary of his estate because the proceeds will be paid to the estate. You should contact the insurance company for their policy regarding a situation such as yours.


I think you mean "creditors," those who are owed money. Debtors are the ones who owe the money. In Texas, the proceeds from life insurance policies are exempt if a dependent is named as the beneficiary. Otherwise, the funds are not exempt. Of course, the creditor must know about the policy to collect from it.


If the husband was the named beneficiary of the policy, if the policy was in force at the time of death, and if the cause of death was not excluded by the policy, the general answer is "Yes". If the beneficiary was the estate of the wife, the proceeds are paid to the estate. Then, if the husband was a beneficiary of the estate (either by virtue of a Will naming him as beneficiary, or if no Will, through the laws of intestate succession), he may be entitled to all or a part of the insurance proceeds. If the beneficiary of the life insurance policy was someone other than the husband as of the time of the wife's death, proceeds are payable to that person.


Tier Two [in Beneficiary Designation] refers to secondary beneficiary which also refers to the person, persons, or class of people who will collect the life insurance proceeds in the event of the death of the insured _and_ the primary beneficiary is not alive.


The person who is eligible to collect life insurance is the beneficiary. Anybody can be named the beneficiary. There are steps that need to be taken before a person can collect.


Your question cannot be answered because we do not know how many you need. Copies of death certificates are usually required to file probates, file wills, collect insurance proceeds, pension benefits, government benefits, etc. You need to make a list of the entities you need to contact in that regard.Your question cannot be answered because we do not know how many you need. Copies of death certificates are usually required to file probates, file wills, collect insurance proceeds, pension benefits, government benefits, etc. You need to make a list of the entities you need to contact in that regard.Your question cannot be answered because we do not know how many you need. Copies of death certificates are usually required to file probates, file wills, collect insurance proceeds, pension benefits, government benefits, etc. You need to make a list of the entities you need to contact in that regard.Your question cannot be answered because we do not know how many you need. Copies of death certificates are usually required to file probates, file wills, collect insurance proceeds, pension benefits, government benefits, etc. You need to make a list of the entities you need to contact in that regard.


Worker's Comp (disability insurance) is different from Social Security and you can collect both if you qualify for both.


If the life insurance policy designates that payment is to be made to a beneficiary other than the deceased or to his/her estate, the proceeds pass outside of the estate and do not become an asset of it. Instead, all other things being equal, proceeds are payable to named beneficiaries. Note, though, that in order to collect, the beneficiaries must file a proof of claim and otherwise provide documentation that the insurer requires (such as a death certificate).


Yes, if they have disability coverage to collect from and are in fact disabled.


if paroled from jail can i still collect unemployment


Probably not unless the insurance company decides to allow it or it was a provision in the life insurance policy. Normally, people are not able to collect on their life insurance policy until the insured dies.


In cost and insurance it will be ''Freight Collect'' but if party require as '' Freight Prepaid'' then use CIF incoterms.


If it is life insurance then most likely, yes. Contact the company. If the company no longer exists, their policies probably have been taken over by a different company. You might have to get your State insurance commissioner's office involved to find out who is responsible for paying the proceeds, but you should still be able to file a claim with the company.


if your accident is severe enough and the other person is underinsured - then you could collect from their insurance (must be their policy limits) and your insurance under the "underinsured coverage" or UIM - Underinsured motorist


Life Insurance Companies do not cover suicide, subject to the "Suicide Clause" limitation in all life insurance policies. The suicide clause stats that no death payment will be made if an insured commits suicide within the first two years (one year in Colorado) that the policy is in force. This clause protects the insurance company against adverse selection - the purchase of a life isnurance policy in contemplation of a planned death in order for the beneficiary of the life insurance policy to collect the life insurance proceeds.


All life insurance policies specify who the beneficiaries are and what percentage each one gets, so your brother can only collect his portion.


If you want to collect the depreciation your insurance company withheld from your claim payment you must make the repairs to your home. After you make the repairs contact your insurance company and they should issue a check for the depreciation.


A legitimate death certificate is what is needed to file a claim of life insurance.



If you were fired because of mental illness, then you should collect disability insurance, rather than unemployment insurance, and it lasts much longer.


Generally, insurance policies exclude suicide. Check with your insurance company, as they are all different.


No, you can't. When you collect from your insurance company, they will pursue the other driver's insurance because the accident wasn't your fault. When your insurance company finds out that you collected from the other insurance company already, they will come after you. It's called double-dipping and it most likely wouldn't end well.



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