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No, you can not get life insurance without the insured's consent, unless it's for a minor.

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โˆ™ 2012-12-08 04:15:34
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Q: Can you take out a life insurance policy on some one with out them knowing that you did?
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What kind of life insurance policy offers the option to surrender the insurance and regain some of the cost of the policy?

Term Life Insurance


Is the mortgage on a house pay off upon death?

No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.


Who are some Canadian whole life insurance policy providers?

Some Canadian whole life insurance policy providers are State Farm Canada, LSM Insurance, MJW Insurance, Essential Benefits, and The Canada Life Assurance Company.


What if you had life insurance policy with university life insurance co of America?

Incomplete question, what about the policy? How to collect, is it is force, value, some specific question about it.


How do you cash in life insurance policy from gulf life insurance?

How do I cash in an old gulf insurance policy


What are Globe Life insurance coverage limits?

Globe Life's insurance coverage limits depends on the type of policy you hold. Some life insurance, depending on the policy and person can cover upwards of $5 million!


What is the average cost for a typical life assurance policy?

The average cost of a typical life insurance policy can very based on the age and overall health of the person taking out the life insurance policy. For example, some insurance companies will give individuals who exercise regularly a discount on insurance.


What exactly is a life insurance company?

A live insurance company is a company that holds a "life insurance" policy on a person. The policy is taken out by a person and fees are paid. And, if for some reason the person's life ends, the policy is paid out to the beneficiaries as long as the death was not done on purpose.


What are some of the best life insurance policies?

There are quite a number of various life insurance policies available to people today. Some of them are the policy from AARP, State Farm, and Whole Life Insurance.


What is a life insurance policy?

A universal life insurance policy is a cash value type of life insurance policy. With universal life insurance, you policy may build up cash values over time, similar to a whole life policy, but typically less expensive than whole life insurance. Another feature of some universal life insurance policies is called a "no lapse guarantee" With this feature, as long as you pay your premiums, the policy is guaranteed to last to age 100 and beyond depending on the specific carrier you choose. Compare this to a whole life insurance policy where the premium requirements may vary and depend on how dividends and interest rates perform.


What is a universal life insurance policy?

A universal life insurance policy is a cash value type of life insurance policy. With universal life insurance, you policy may build up cash values over time, similar to a whole life policy, but typically less expensive than whole life insurance. Another feature of some universal life insurance policies is called a "no lapse guarantee" With this feature, as long as you pay your premiums, the policy is guaranteed to last to age 100 and beyond depending on the specific carrier you choose. Compare this to a whole life insurance policy where the premium requirements may vary and depend on how dividends and interest rates perform.


How do you calculate premium for life insurance policy?

You can calculate life insurance premium for a life insurance policy by requesting free life insurance quotes online or from a life insurance company. Rates for life insurance vary by insurer. Some of the factors that insurers consider when determining your premium include the following: Age, gender, height-to-weight ratio, amount of coverage, type of policy, smoker/non-smoker, your health, your family's health history, etc.


How can I cancel joint life insurance when one party doesn't consent?

This will depend on some factors. Who is the policy-owner? The policy-owner is the only person who can cancel the insurance policy,


What are some tips on buying a life insurance policy?

Some tips on buying a life insurance policy include understanding of one's needs, understanding the term insurance versus permanent insurance, and compare similar products. One must really do their homework to get the best option available.


Can you cash out term life insurance?

If you have a permanent type of policy such as whole life or universal life there may be some cash value to recover.If it is a term insurance policy there is no cash value so there is nothing to "cash out".


Who regulates the Standard life insurance policy?

The standard life insurance policy wording is requlated by the various stae insurance departments. Basically, the standard life insurance policy covers death by any cause at any time in any place. Death by suicide within the first 2 policy years is an exclusion in most states, 1 year in some states.


Who is the owner og a life insurance policy?

The owners name is listed on the life insurance application unless it was changed at some point. Any change was also mailed to the policy owner and should be added to the policy. Only the owner can make changes to the policy.


Why are you hearing that some people are being taxed on a life insurance policy?

Scott


Can a spouse cash out life insurance policy without spouses signature?

Yes, a spouse can cash out their own life insurance policy in most cases. There may be some restrictions within the initial policy so this is an individual case basis.


Can your beneficiary collect life insurance benefits after your suicide in the state of Tennessee?

No, if the life insurance policy is less than two years old. Some insurance companies would not pay at all in case of suicide. It all depends on the conditions in the life insurance policy.


Where can someone get a premium life insurance policy?

The places to get a premium life insurance policy are many. Among some of the more popular choices are: LV, Post Office, Sun Life, Aviva, Scottish Widows and many more.


What is covered under life insurance Is suicide covered?

Suicide is usually excluded under a life insurance policy. The suicide exclusion usually states that there is no payout of life insurance proceeds if the death is due to suicide within two years of the puchase of the life insurance policy. In some states, like Colorado, the suicide exclusion is one year.


What is the best life insurance to have?

The best type of life insurance to have is the one that meets your needs and fits your budget. First decide why you need life insurance, and what you want to accomplish with your life insurance? Who relies on you for financial support? How much life insurance do you need, and for how many years? Term life insurance provides temporary life insurance protection for a specific number of years, usually 1-30 years. If you outlive the term, your coverage expires. There is no cash value build up within the policy, it is pure protection. Permanent life insurance is lifetime protection, as long as you pay the premiums. Cash value may build up inside the policy. You may be able to take a loan from the cash value. Term life insurance usually costs less than permanent life insurance. The most popular type of life policy is term life insurance. If you're young, healthy, and running on a shoe-string budget then buying a term life insurance policy may make perfect sense for you. It is the most affordable type of life insurance and suits the most important purpose of a life insurance policy, which is to provide financial protection for your family in case of the death of the policy holder. Some term life insurance companies look more favorably on smokers, those with health impairments or the aged. Term life insurance is also very competitive and you can find the best policy with the most affordable rate though online insurance quote providers.


What happens after my Prudential term life policy reaches its expiration?

A Term Life Insurance policy ends when it reaches the end of the term period and does not have any accumulated value. You may have to do some paperwork depending upon your particular insurance policy and its specific provisions.


What is the difference between group term life insurance and individual term life insurance?

Group term life insurance is a type of life insurance provided for employees by their employer. An employer buys a master policy and issues certificates to employees denoting coverage under the plan. Group life insurance is also available through unions and associations. It is usually issued as yearly renewable term insurance, but some plans provide permanent life insurance. Employers may pay all of the cost, or share the cost with employees. Regardless of your reason for termination of employment, employees may have the option to convert their coverage to an individual life insurance policy without evidence of insurability or taking a physical examination. Usually, conversion must be within 30 days of ending your employment. The new premium upon conversion of the policy is based on the employee's age at the time. An individual life insurance policy is owned by the insured (in most cases). The insured usually pays the premiums and decides who the beneficiaryis for the policy. An indivual life insurance policy insured just one life. A group life insurance policy insures many lives.

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