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Can a beneficary sign the policy over to someone else insurance policy?
Wiki User
∙ 9y ago
No, only the OWNER of the insurance policy can sign the policy over. Sometimes the owner is the insured, but not always.
Wiki User
∙ 9y ago
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Could someone else have collected on your father's life insurance even though you were the beneficary?
No
If someone was convicted of a DUI but the insurance policy is under someone else's name will the insurance ever find out?
Yes, it does not matter if you have your own policy or are listed on someone else's policy, you will be surcharged for the DUI probably for the next 5 years.
Can anyone but the insured of a life insurance policy change the beneficary on a life insurance policy?
Yes, the policy owner can change the beneficiary. Sometimes, the person insured and the policy owner are not the same person, if someone else pays the premium for the insurance policy. For example, a parent or guardian taking an insurance policy on spouse or children. Some insurance policies are assigned to cover bank loans, and even if the insured may pay the premium, the bank can be assigned as the owner of the policy; in that case the bank decides who the beneficiary is going to be (usually in this scenario, the bank will also be the beneficiary).
Is it illegal to pretend to be someone else in a insurance policy?
yes
Are you insured if you drive someone else's car?
that depends on their insurance policy
What is it called when someone buys life insurance on someone else?
On whose life, policy is purchased, he/she is called 'Life Assured', whereas the former is called the 'Proposer' in a life insurance policy.
Can your license be suspended for someone else driving your car without insurance?
I think it depends on your car insurance policy.
Does homeowner insurance cover someone else property also from theft?
No. A homeowners insurance policy is specific to the property of the named insured.
How do you find an unauthorized life insurance policy in your name?
It is legal to take a life insurance policy out on someone else. Wal-mart does it to their older employees, and cashes in when the employees die.
What if you become disable and someone else has a life insurance policy on you who does the money go to?
Nobody, unless you die.
Can you be fined for driving someone else car if they do not have insurance?
not if you are personally insured to drive that vehicle on your own policy
Can i get a life insurance policy on my gransparents?
Yes. You can own a policy on your grandparents assuming they are insurable. Anyone can own a policy on someone else as long as you can prove insurable interest.
