Yes, but in order to avoid coverage issues, you need to consider a few things:
1. If you and your mother live together, it would be best if your mom listed your vehicle on her policy. Otherwise, her carrier will most likely deny coverage because the vehicle is a owned by a resident relative (you). The reasoning behind this is that insurance carriers have a right to know about the risks they're insuring, which in this case would be your mom's access to a different vehicle.
2. If you two don't live together, and your mom just borrows your car occasionally, you might run into some problems, but it's not as serious. Still, your own coverage on the car will be primary (insurance almost always follows the car). So, if your mom rear-ends somebody in your car, and you have insurance on the car, your carrier will pay for the damages. Your mom's carrier would only pay if you don't have insurance, and even then, her carrier would probably come after you if you're legally required to carry insurance on the car in your state.
So, simply put, have your mom contact her carrier and advise them that she will be driving a car owned by you, either all the time or just occasionally. They can make the adjustments to her policy and she'll be covered. Keep in mind, however, that if you also carry insurance on the car, that insurance will also be primary.
Only if he is agreeable to allowing you to purchase the policy. He would be required to sign the application as the proposed insured and you would sign as the owner if you plan to keep the policy yourself. You cannot take out an insurance policy on someone without their knowledge and there must be an insurable interest.
Individual added to a life insurance policy other than the insured named in the policy. For example, an insured father can have a dependent son and daughter added to the policy as additional insureds. In many instances, adding an additional insured to an existing policy is less expensive than purchasing a separate policy for that insured. In property and liability insurance: another person, firm, or other entity enjoying the same protection as the named insured.
You cannot purchase insurance on someone without their knowledge and participation. The insured has to answer the underwriting questions in person and sign the application in the presence of the insurance agent. The insured does not have to be the policy owner or payer. The owner is the only person that can make changes to the policy including changing beneficiary, address, payment method, etc.
If you know the identity of the insurance company or the insurance agent that sold it to the insured, you can call. However, if you are not the insured, they will want to know the reason for your call and your authority to call on the insured's behalf. If the insured has died and you have reason to believe that you were the beneficiary of the policy, ask the insurer to send you a life insurance claim form. You will have to supply information about yourself, the name of the insured, and the policy number. Fill out the claim form and return it to the insurer. It may have to investigate to determine whether you are the correct recipient of policy benefits.
It depends on which company your uncle is insured with, but typically with a standard insurance company you have to live in the household to be a listed driver on the policy. This is regardless of your relationship to the primary insured. If you are not listed on the policy as I driver you are still insured to drive his vehicles as long as you have permissive use.
Only the POLICY OWNER can change the beneficiary on a life insurance policy. In most cases, the insured is also the policy owner, but it's not a general rule. The policy owner can be another person who is paying the premium (for example, a parent or guardian, spouse or other family member), or a bank, or a business. If the policy owner is not the same person as the insured, then the insured has no control over who the beneficiary is on the policy.
If you are 13 years old when were you born?
Is it true that one human year is equal to seven dog years?
What is half of 74?
What does minus 3 degrees mean is it 3 degrees below zero or 3 degrees below 32 degrees Fahrenheit?
Why can't we remember our dreams?
How do you protect the masonic emblem?
How much is 10000 quarters worth?
What gangs are in Ohio?
Can eggs break inside a chicken?
Why do books come out in hardback first?
What happens when a beehive gets too full?
What is the difference between an optometrist and an ophthalmologist?
How can you tell when someone's lying?
Why do some people celebrate Christmas in July?
Why is it bad luck to walk under a ladder?
What is a conservatorship?
How did Robert perault die?
Was Lucy meacock married to rob Mcloughlin?
What do you mean halim seeds in gujarati?
Who was giani maan singh jhaur?
Which of the following best describes what is required to be reported to congress?
What is a classified data spill or negligent discharge of classified information?
What is Ford Motor Credit payoff address OVERNIGHT?
Why the eastern Terai is cooler than than western one OF NEPAL?
Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.