yes because the said in this is money so lets fight for it
The owner of the policy is the only person who can surrender a life insurance policy. Most of the time the insured is the owner but not always. You might want to speak with a tax professional before cashing in the policy as income taxes will be due on benefits but if the policy pays out at death it is tax free. Unless the policy is very very old the death benefit may be much higher than it says on the policy if there is that much cash in it. Check with the company before making decisions.
Workers comp insurance has nothing to do with family members. Workers comp insurance is an insurance policy that your employer will have on if in case you get hurt at work.
Typically, only the policyholder has the authority to change the beneficiary of a life insurance policy. Immediate family members would not have the authority to make this change unless they are specifically named as the contingent beneficiary and the policyholder has passed away.
No
No only the grantor can revoke a power of attorney. That may be the court. And death will terminate the power of attorney.
Yes you are covered on a family members car insurance if you are driving a vehicle owned and insured by them.....
No, That's what you major medical insurance policy is for.
By referring to the family members on survival
The answer is in the negative. You are to opt for separate life policies for your five family members to cater their needs.
Nobody needs life insurance. It is the family members who depend on you who may need it if you die before them.
Consult with an attorney who specializes in family law.Consult with an attorney who specializes in family law.Consult with an attorney who specializes in family law.Consult with an attorney who specializes in family law.
Consult with an attorney who specializes in family law.Consult with an attorney who specializes in family law.Consult with an attorney who specializes in family law.Consult with an attorney who specializes in family law.