Yes, someone can take out a life insurance policy on you without your prior consent. An example would be a business which has a defined financial exposure resulting from the unexpected death of an essential employee.
They can if it is bought while you are a minor, otherwise it is insurance fraud and is illegal without your consent.
The policy owner, usually the Primary named insured, can add or remove people and coverages from the policy they purchased as their coverage requirements change.
Not a life insurance policy....The insured party would be considered the policy owner therefore it could not be issued without their knowledge & consent.
The insured can never amend his insurance policy without the consent of his irrevocable beneficiary because this act would lessen or diminish what is due to the irrevocable beneficiary and thus considering that this is a diminution...consent of the IR beneficiary is necessary.
No, you can not get life insurance without the insured's consent, unless it's for a minor.
No one is allowed to have a life insurance policy on you without your knowledge. You would have to sign off on the policy before they could get it.
I think it depends on your car insurance policy.
I can't think of a reason why not. If you want to pay someone to insure something (or someone) they should let you. I suppose it really depends on exactly what the insurance policy is (life insurance, auto insurance, some other general liability insurance). Check with the specific insurance company about the specific type of insurance for an exact answer.
Your dad can withdraw the cash value of your life insurance policy if he is the policy owner of your policy. If you have obtained adulthood, you dad cannot withdraw the cash value of your life insurance policy without your consent. If you are minor life assured, your dad as proposer can draw cash value on maturity,provided you will not be adult then.
Yes, Either owner of a property can purchase a home insurance policy. It is recommended however, that you list all persons with a financial interest in the property as an insured on the policy.
I am pretty sure that they can do that I'm a little younger than you probably think so.Hope it helped,Abbey