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.
There are many different kinds of insurance policies. Read the policy and find out what the terms of the policy are.
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.
Your beneficiary can collect benefits from your insurance policy if you commit suicide if, 1. Your policy provisions for payout in the event of suicide. 2. Your waiting period has been satisfied if stipulated by your insurance carrier and policy. Read your policy carefully and contact your policy carrier for assistance and clarity as it relates to your policy.
You can only collect on the life insurance if you were awarded this at time of divorce. I was awarded the ability to take out a life insurance policy on my ex. as I receive a military retirement which only exists if he is alive. After his death, it would stop, therefore I have the life insurance policy.
Incomplete question, what about the policy? How to collect, is it is force, value, some specific question about it.
if you were fired for a company policy can you still collect unemployment in new jersey?
The insurance policy and a certified, original copy of the death certificate. If the policy has been lost or misplaced, the insurance carrier can provide the appropriate "lost policy" form.
I need to report my father's death and collect on his life insurance policy.
The insurance policy will be transferred in the name of the new property owner and will be entitled to all benefits against the said policy.
I would like to surrender my polocy and collect the policy dividends
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, I assume? If you're in the US, and if the premiums have been kept up-to-date, yes, he can collect. He's not required to have her permission to take out the policy nor is he required to be married to her in order to collect on it.