0
Yes for a couple of reason. Non-pay is the biggest. There is also a 2 year period in which the company can continue to underwrite you and if they found you lied on the application they can cancel the policy.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Can someone stop you from getting life insurance that was left to you if you on drugs?
Not sure I understand the question but if the policy was already issued, then there should be no problem. Once a policy is issued, it cannot be cancelled by the insurance company unless, among other things, premiums are not paid or fraud is involved.
Is a cancelled life insurance policy reinstatable?
In Short - NO. However it is entirly depands on the individual policy contract. as a thumb rule - cancelled life insurance policy is not reinstatable. Regards, Tarun Bansal Life Insurance Advisor LIC of India - Delhi http://www.savingwala.com
Who is the beneficiary for your life insurance?
The beneficiary of a life insurance policy is the person or entity designated by you when you apply for the policy and when it is issued by the insurer.
How do you go about cashing in on a life insurance policies?
You just contact the insurance company that issued the policy.
What if your brother died and I found a life insurance policy issued in 1937?
Contact the company which issued the policy. A life insurance policy is generally only valid if the premiums are maintained. You'd need to know if your brother kept up the payments.
How do you collect on an old life insurance policy issued by continental life insurance company located in Washington dc?
how do you locate old life insurance policies
How do you file for death benefit?
Contact the claims department of the insurance company that issued the life insurance policy.
How do you find the company that now has your life insurance policy issued decades by Peninsular Life Insurance Company of Jacksonville VL?
check your answer
What is the mailing address for life insurance policyholders in Florida I am in Oregon and think my premium is due this month but have no bill. Policy?
You have to call the Insurance company that issued your policy.
How do you find AIG life insurance co formerly issued by interstate life and accident insurance co chattanooga tn?
look up an policy
If you cancelled a life insurance policy do you have to claim the check they sent you for what the policy was worth?
You don't _have_ to, but why wouldn't you want to take the money you've earned?
How can you cash in the a Sun Life insurance policy issued in 1951?
Use the link, contact them and ask.
