Their is usually some waiting period for a life insurance settlement, but it usually does not take a long time. If too much time goes by without receiving your settlement, I would contact the life insurance company.
If you are not the administrator, executor, or an heir to the will your will not know and frankly it is not anyone elses business about the life insurance or financial matters of the estate.
Life settlement broker can help you straighten out all the facts of the life insurance policy. They can also help you list your beneficiaries.
You may have to pay capital gains taxes on a life insurance settlement in addition to any income taxes you might owe. Consult with a CPA or tax attorney to learn more about what tax consequences that a life insurance settlement may have.
Anyone can have life insurance. So actors would have life insurance.
merged into american ambicable life insurance company in 1993
Life insurance is frequently required in a divorce settlement, particularly if there are children or debts.
Not anyone. You have to prove insurable interest on that person and they have to sign that it is alright for you to own life insurance on them.
Basically you can sell your life insurance policy to a life settlement company in exchange for a lump sum payment.
yes, anyone, even horses
Life settlement companies help people to get out of life insurance policies that are under performing and not making enough money for the person investing in the policy.
A Life Settlement broker buys life insurance policies from people who carry them but need immediate money. Their goal is to pay you less than the value of what they think your insurance policy will be when you pass away so they can make a profit.
No. You have to have an insurable interest in the person's life in order to take out an insurance policy on their life.