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Can a credit card company take life insurance proceeds to pay towards a debt even if the amount is only enough for burial expense?
Wiki User
∙ 8y ago
No, insurance death benefits are exempt from creditor actions.
Wiki User
∙ 8y ago
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Your finance car was stolen does your insurance claim go to your finance company to pay off the cars debt?
The monies from the insurance company will go towards the car payoff. Now, the insurance company is entitled to pay off the worth of the car. If the car is worth less than you owe, you may have to pay back the rest. For Example, say you owe $20,000.00 on a certain vehicle. The Blue Book(www.kelleybluebook.com) value of this vehicle is $18,000.00. If they pay full value of the vehicle $18,000.00 you may still owe the rest $2000.00 to the loan of the vehicle. This means you were upside down on the loan...
What are the best ways to gain the benefits of using insurance annuities?
Insurance annuities is like investing towards your future. There are many different types of annuities, you should choose one that meets your financial situation.
What percentage of your income should go towards mortgage?
Investopedia advises that the principal, interest, taxes and insurance should not exceed 28% of your gross income.
Ex partner hasn't paid towards mortgage for 5 years does he have right towards money from sale of house?
If two people own property together they are each entitled to 50% of the proceeds. The buyer would be obligated to pay each owner 50% unless there is some other written evidence or court order to the contrary. You should consult with an attorney ASAP who can review your situation and explain your options.
What is the impact of a stock repurchase on a company's debt ratio?
Stock repurchases increases the debt equity ratio towards higher debt.
Do you say proceeds go toward or towards the upkeep?
You can save either proceeds, go towards, or towards the upkeep. How they are used will depend on the full sentence.
What is a car insurance company that is geared towards younger girls?
Most car insurance companies gear their services towards people of all demographics. Some of these companies include Allstrate, Progressive, and Geico.
Where are the headquarters of Orion Auto Insurance?
Orion Auto Insurance is a comparison based company that helps direct prospective insurance buyers towards their best option based on self contributed information. The company is based out of Irvine, California.
Is the atena health insurance a reliable insurance company?
Overall attitude towards Atena is positive. Multiple places has rated as one of the best insurance companies in regards to reliability. The company also boasts a strong financial history and kindness to its customers.
What does a deductible mean if you are in a car accident?
A deductible, or insurance deductible, is an amount of money the first of which the insurance company will not pay towards the cost of the loss suffered. For example, a $500 deductible means that the insurance company will not pay the first $500 of a loss. Deductibles are made for the purposes of keeping the costs of insurance down by making the insured pay a certain amount of money and not make a claim towards minor losses. If the accident is the other person's fault, either their insurance company will pay that deductible or you can sue them in court.
Where do you find an insurance company's contestable statistics?
If you are talking about the contestability clause, it can be found towards the front of the policy. It is a 2year period.
Define employer contributions.?
I think you're asking about employer contributions towards medial care. In this situation, it would be the money they contribute (subsidize) towards your medial insurance costs. For example: your monthly insurance policy might cost $400 a month, your employer may contribute $300 a month, so your out-of-pocket expense (typically deducted from your paychecks) would be the difference - $100.
What kind of insurance is offered by the company Shannons?
Shannons Insurance, based in Australia, offers both car and bike insurance specifically tailed towards classic car motoring enthusiasts. They also offer home and contents insurance as well as featuring their own car enthusiasts club.
What is payment for insurance?
Payment of insurance is nothing but the premium paid towards the insurance policy. The premium amount includes the charge of coverage per unit (for example, the charge of coverage for $1000 might be $10. So, to have an insurance coverage for $10,000 the charge of coverage would be $100) plus the expenses incurred by the insurance company for the policy.
Where does your national insurance contribution go towards?
war
Can a insurance co deny payment towards an accident?
No.
When you receive an auto loan do you receive cash that you may use towards insurance and registration?
No, the insurance is your obligation and part of the expense of operating a vehicle. When you drive the vehicle off the lot the dealer has licensed it in your name but that only lasts for one year. You're responsible for licensing the vehicle after that, as well as fuel in the tank, oil changes, tires and other maintenance and repair.
