I need help
I need to report my father's death and collect on his life insurance policy.
Yes you can. To get insurance, insurance companies, want to see an "insurable interest." Since he is the father of your child, you have an insurable interest on him.
How do I find out if my deseased father has a life insurance policy
ask the sibling.
A son can not generally take life insurance policy on his father's life because of lack of insurable interest in the life of father. Life insurance works on the principle of insurable interest. A father generally has insurable interest in the life of his child due to emotional reasons. That is why life insurance companies design the products for the children which take care of their education and other expenses once they grow up.
About 5 to 7 years.
Yes. As long as there exists an Insurable Interest between two parties, they can buy life insurance. For instance, there is insurable interest between spouses, parents and their children, and relatives. A daughter may purchase life insurance on her father.
How can I find out if my decease father placed us on his life insurance. He remarried and his wife has not forwarded any documents to us
It's like finding out a needle from a heaps of straws ! It's advisable that you contact local branch office of your Life Insurance Company, if they can help you to find out about existence of a life insurance policy of your dead father. Searching by name/address of your dead father over Net may be beneficial.
The life insurance proceeds are owed to the beneficiary(s), regardless of parental rights.
In order to take out a life insurance policy on your father, they would have needed an insurable interest. This limits it to family members and creditors. Ask! No, only your father can take out a life insurance policy on himself. He could have taken one out on himself with his friend or pastor being the beneficiary (person who collects after final debts are paid), although no one else is able to take out a policy one someone else. And no one else besides the owner of the policy may make changes to an existing policy. Hope this helps.
i trying to find out if my father who is deceased have a policy
The named beneficiary on the life insurance policy gets it. It is a contract and specifies who gets paid, usually it will be the spouse.
Is there a web site available for free for research to see if parents have life insurance coverage and if refunds are due to them of spousal death?
A life insurance policy for my father included his 3 children one is deseaced does the deseased child children then become heirs?
If you were a beneficiary under a life insurance policy, you would be notified by the company. If you weren't but your brother was, you have no right to know.
Yes, a stepdaughter can purchase life insurance on her stepfather, as long as he is willing to sign the application as the insured, and is willing to undergo a physical exam, which the insurance company will pay for.
i have recently changed to e-cigerettes smoking ,when can i tell my life insurers and will i get a reduction in my payments
In Canada, if there is no beneficiary of the life insurance policy, the proceeds go into the estate of the owner. This person is often the same as the life insured but doesn't have to be (eg a father buying life insurance on his son. The father is the owner and the son is the life insured). The proceeds form part of the owner's estate and are distributed according to the instructions in the will after all debts have been satisfied.
robert price 140-09-6819 e#66872
She got diagnosed when she was 19months and it changed her life
You call the insurance company and ask them.
I would get his social security number and just give them a call......that is usually the best way..... Their contact info is at the link below.