Yes. You should also name a contingent beneficiary in case the primary beneficiary predeceases you.
If the insurance policy is older than two years of contestability period, then a benefit will be paid to the beneficiary.
If you are the beneficiary of a life insured person who committed suicide, and the policy was older that two years (depending on what company and state), then yes.
It is legal to take a life insurance policy out on someone else. Wal-mart does it to their older employees, and cashes in when the employees die.
Hey, yes older people can secure a Life Insurance Policy. If you are older than 55 years of age, you will have to undergo certain medical tests. Also the premium would be higher.
eBike Insurance offers good value insurance specifically for motorbikes. It does not deal with any other type of vehicle and offers a standard policy for most bikes, and a classic policy for older bikes.
As far as I know, all drivers that live in your home must be listed on your insurance policy. Although i don't think you have to list someone with a permit. If the older sibling is at least 18, they may take the younger sibling for a lesson without have them listed on their insurance.
The terms of insurance policies vary but it is unlikely that a policy would cover the replacement of an item because it is broken.
kids play with their nipples if they want them hard when you get older.
Life insurance rates will change with your age, but often this depends on how you ask the question. With most insurance policies your rates are locked in depending on how long your policy term is. Once your policy expires you rates with increase upon renewal because you are older at the time of renewing it.
It varies from one company to another and it will limit you on your options the older the person. For most it is up to ages 70-85. Obviously the older the individual the more costly the insurance.
If you can afford to keep disability insurance, I would. As we get older, our bodies become fragile, and you want to be fully covered just in case.
There are several options for insurance for older individuals. Speak to someone at your current carrier for rates and information about insurance for prescriptions, nursing care, etc.