0
Sure can.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Can you have two life insurance policies with two different companies?
Yes. Just list them, if asked on the application.
If there are two different life insurance policies which insurer pays?
A life insurance policy is a contract. You can have as many as you want. They all have to pay out on the death of the insured.
Can a person hold two life insurance policies with the same company?
Not a problem at all. Many times individuals may have multiple policies with the same company as one may be a term policy and the other a universal life policy, or you may have two term policies with different term lengths. Sure.
What is a dual policy in insurance?
A Dual life insurance policy covers two people, though independently. It is effectively like having two single policies where cover will pay benefits on the death of both insured.
Can I have two different life insurance from two different companies?
Yes, you can obtain as much life insurance as you wish from as many companies as you wish. Given that insurance companies don't always stay around, splitting it up between different companies makes good sense.AnswerYes, you can have as many life insurance policies from as many life insurance companies that you want. Each company you are insured with would have to honor their contract and provide death benefits to your family in case of your death, provided your premiums are paid. ANSWERYou can purchase multiple policies but when it is underwritten, the additional life insurance company will underwrite the new policy with adding up the benefits of the other policies and perform health exams based on those totals and not just of the individual policy.
Do you cover Home Owner's and Renter's Insurance?
These are two separate types of insurance policies created for two separate situations.
Can you have two life policies?
Yes. You can have as many life insurance policies as you are willing to pay for, but it usually is less expensive to increase coverage on a current policy that to purchase a separate policy.
Can you have two life insurance policys?
Yes. You can have as many life insurance policies as you are willing to pay for, but it usually is less expensive to increase coverage on a current policy that to purchase a separate policy.
Can you get homeowners insurance for two occupied homes?
Yes but they will be separate policies.
What are two types of insurance policies?
there are two types of insurance 1. Life insurance 2. General insurance
How many life insurance policies owned in the us?
Two
Can you have 2 life assurance policies?
Yes, you can have two life insurance policies. There are people who have even more than that. It isn't recommended to have a large number of policies, but two is not uncommon.
Can a life insurance policy own a variable annuity?
No. These are two different animals. There are variable life insurance policies as well as variable annuities. These are often tied to the results of certain type of mutual funds or stock indexes but they are separate contracts.
How good is joint life insurance, and how much is it?
Joint life insurance basically insures two people with one policy. Joint life insurance policies exercise more leniency, making it easier to get life insurance. Premiums are also usually lower than if you were to buy two separate policies.
You have two life insurance companies coverage one is 20000 the other is 10000 how much is my total coverage?
If they are both term life insurance policies, your total coverage would be $30,000. If one, or both are permanent life insurance policies, there may be cash value inside the policies that adds to the payout from the life insurance policies, so there may actually be more than $30,000, if you include the cash value inside the policies.
Where can I find good rates on term life insurance policies for 30 year olds?
Farmers Insurance and State Farm are two larger and more established life insurance companies. Both are based in the US and over term life policies.
Can you claim and be paid out on two life insurance policies?
yes. even if they are from the same company.
