Does it matter who signs the check to pay for a policy, either the insured or the beneficiary for tax purposes.
How can you find out if life insurance has been taken out in your name with or without your knowledge.?
Only screwed insurance agents will take a split on commission without your knowledge.
yes they can
On most life insurance policies only the owner of the policy can make benificary changes. So it really doesn't matter who is paying the premiums, but rather who owns the policy.
No, Not legally. you must get her signature on the application.
It is not possible to take out insurance on a person with their knowledge. The insured must answer all underwriting questions and sign the application as well. The only case where this would not be true is if the insurance is being taken out on your minor child.
not legally. You would have to sign the application, answer the medical questions, and often have a physical.
No, they must inform you of changes to the insurance contract. However, if they sent notice, they will usually have file information on when and where sent.
Although you can buy a life insurance policy on your uncle if you have a legitimate insurable interest, the insured is normally required to complete an application.
Yes,life insurance can be obtained by any one for anyone.Its kinda sad.
No you may not. The insured must sign the application and in most cases be subject to a paramed exam based on the amount of insurance requested. The one exception to this rule is an individual may purchase some life insurance thru work (if available) up to a certain limit for their family members without their signatures or knowledge. People buy life insurance for 3 reasons. Love, character or a divorce decree. If your spouse is a person of character and if he/she loves you, they will sign on the dotted line. 4lifeguild
Your husband cannot legally obtain life insurance on you without your knowledge. And most companies require at least a cursory physical before agreeing to insure someone.