Yes! Although the Gerber Life Insurance Company focuses on the fact that they provide life insurance for children, they do in fact, sell life insurance to people of all ages and in all stages of life.
if you have insurance and they die, like that gerber life plan...but not if theyre over18 if its child support
This is a question best answered by your insurance agent or a call to your insurance company's 800 customer service phoneline.A bit more:Unless the insurance regulations have changed since I was a licensed auto and homeowners insurance agent: If your child is of legal adult age and not living with you, then no, you don't add him to your policy. Actually, many insurance companies wouldn't allow you to include an adult child (or any other adult) who does not live with you to your auto insurance policy.
no
It is usually not necessary to insurance a driver who only has a permit. Often, if it is a young person, they are covered under their parents insurance. If it is an adult, then they may insure the driver.
Gerber Life Insurance offers many different types of insurance. The Grow Up Plan can be purchased for your child as earlier as 14 days old or until they reach the age of 14 years old. This is a great plan that doubles when your child reaches the age of 18 and will guarantee life insurance coverage when they become an adult.
Yes, you can decline the benefit. Speak to the insurance company about how.
Most insurance companies require a person to be 18 years old in order to purchase automobile insurance. The reason for this is that the insurance application along with the policy make up a legal contract between the policyholder and the insurance company. A person who is not yet 18 is not a legal adult and therefore is not legally able to sign such a contract.
Globe Insurance offers several types of insurance to its customers. They offer adult life insurance, children's life insurance, accidental death insurance, mortgage protection plan, and medicare supplement insurance.
The main difference between children's and adults health insurance is that children may be eligible for low- or no-cost insurance through Medicaid or the Children's Health Insurance Program.
A 16-year-old is not legally able to contract with the insurance company unless he has been emancipated. Which leaves him to work with his parents or another adult to acquire the insurance.
No. Any drivers must be listed on your auto policy. If she is an adult without a bad driving record, your rates will probably not change at all. The second issue is where does she live? You must notify your insurance company to add the daughter as a driver and you must also give the insurance company the address where she lives and where the vehicle will be parked. These two items are important factors for rating the auto insurance properly and are required in your policy. As a matter of full disclosure, I own and operate a small Independent Insurance Company in Central Georgia and have for the past 22 years. Prior to that I worked as an agent for a direct writer of insurance for 3 years.
The purchaser of an insurance policy names the beneficiary.