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If your ex can pass the physical and will sign the application and you can pay the premium then, yes

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โˆ™ 2008-02-14 17:26:01
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Q: Can you purchase a life insurance policy on your ex-husband who is ill?
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Will I have to pay tax on your ex husbands Life insurance after his death If I am the owner of the policy?

Do I have to pay tax on my exhusband's life insurance if I am also the benificary of the policy?


Where can one purchase a child's whole life insurance policy?

One of the most popular, and cheapest places to purchase a child's whole life insurance policy is from Gerber Life. Gerber has been in business since 1967 and is one of the top direct-response insurance companies.


What is the executor on a life insurance policy?

The Policy Holder of a life insurance policy is the executor of the said 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.


It is not important to have a life insurance policy.?

It is not important to have a life insurance policy.


Where can one buy an endowment policy online?

An endowment policy is a life insurance agreement designed to pay a lump sum after a specific term or on earlier death. You can purchase an endowment policy online at Endowment-Life-Insurance.


If you purchase life insurance policy on your adult child naming myself as beneficiary can adult child change beneficiary?

The purchaser of an insurance policy names the beneficiary.


What are the disadvantages of a Modified whole life insurance policy?

A major disadvantage of a modified whole life insurance policy is that you can never change the face value on your policy. Additional coverage would require the purchase of an another policy. Also the growth potential on your policy is limited.


Life Insurance Policy?

form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_


Why would it be better for a young person to purchase a 30 year term life insurance policy?

It would be better if they chose a life insurance policy that lasted til the day they may pass away.


What policies are offered by General American Life Insurance?

There are many policies offered by General American Life Insurance. These include the Variable Life Insurance policy, the Condo Insurance policy and the Boat Insurance policy.


What is portable life insurance?

A life insurance policy is "portable" when upon leaving the group policy, you transfer your life coverage to an individual life policy with the same insurance carrier with no changes to the policy or increase in premium.


What is another word for whole life insurance?

You can call a whole life insurance policy as a "Non-Endowment Life Insurance Policy".


Is permanent life insurance the same as whole life insurance?

Technically, there is no insurance policy called as permanent life insurance. However, you can treat whole life insurance policy as permanent since the policy covered the whole life span of the policy holder and benefit is payable to nominee in the event of any eventuality of the policy holder.


Where can I purchase term life insurance online?

If you are looking to take out a claim on a life insurance policy, find out which company the policy is through and call their customer service. Please make sure that you have the account number as well.


What is ordinary life insurance?

Actually, whole life insurance policy other than endowment,single premia or ulip policy can be called ordinary life insurance policy.


How do you locate a life insurance policy?

how do you lacate a life insurance policy that was with southern life and health insurance company 30 years ago


Are life insurance policies permanent?

It depends on what type of policy you get. Term life insurance is a limited policy which you retain for a specified number of years. Whole life insurance is a policy that covers you for life. There are pluses and minuses for each. Term life rates can go up yearly but the cost at first purchase is much lower than whole life. For more information, talk to your agent


What is an unmatured life insurance policy?

The life insurance policy has a maturing date that determines the time it takes for a policy to accumulate the amount of money essential for the policy. An unmatured life insurance policy is one that hasn't yet reached the end of its policy.


Does homeowners insurance pay off your mortgage if one of the homeowners dies?

No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.


What insurance policy is exempt from the life insurance policy illustration guidelines?

variable life insurance exceeding 10,000 dollars.


Can the executor get the amount of the life insurance policy?

NO.. unless the policy does not have nomination. Only nominee will get the proceeds of life insurance policy.


How do you cash in a life insurance policy?

You call the life insurance company and get the present cash value out of the policy. The policy will then be divested.


What is a paid up insurance policy?

A paid up insurance policy is a life insurance policy under which all life insurance premiums have already been paid, with no further premium payments due on the policy.


When the cash surrender value of a life insurance policy is used to purchase a policy marketed by another insurer is?

External Replacement