Obviously the claim will be entertained in case of sudden death of the policy holder in whole life policy.
If the policy was purchased by you and is in your name, you can ask for him to be removed by writing to the insurer at any time. If was not purchased by you and in your name, then only the person who purchased the policy can ask for changes to it.
Typically,the person who purchased it owns it. That person may be different from the person insured or the beneficiary. The owner can usually make decisions concerning the policy. An example with respect to a policy issued by a stock company, whether to have the company send a dividend check or to use the dividend to purchase additional insurance.
A homeowners Dwelling Policy (DP) can be purchased with or without replacement cost valuation. It just depends on what coverage you purchased when you bought your policy.
Insurance policies can be purchased for powertools. They are very costly to purchase for the product. After 85 years of age, then the policy becomes ineffective.
Ohio
Most insurance companies will insure a person with diabetes as long is it is disclosed at the time the policy is purchased. Some companies that offer this type of policy are BMO Guaranteed Life, Insure Direct, and Hunter Gregory.
If you put medical insurance on the policy when the policy was purchased.
Assuming that you had an insurance policy in place on your previous vehicle and that policy is still valid then you usally have a specified period of time to get that vehicle added to the policy. If your current policy included Comprehensive and Collision coverage's then they should extend to the newly purchased vehicle as well. If the old policy didn't have those coverage's and you need them for the newly purchased vehicle then I wouldn't wait to add it to your existing policy as you may not have the coverage that you need.
The person that buys the insurance policy is referred to as the policy owner. This person is the only one that can make changes to the policy or cancel it. However, there may be more than one policy owner for the same insurance policy.
A full or total disability will trigger a total claim. The amount of benefit that a person received is dependent on the amount of benefit provided by the specific Disability insurance policy. To find out how much benefit your specific policy pays in a total disability claim, either revert to your original policy or call the insurance company you purchased the policy from.
Yes. Health insurance coverage depends on the policy that you have purchased. If you have purchased a policy for yourself or someone in your family who is female, then by default, the policy should cover partially the cost of the hospital stays and any medication required (check your policy for co-pay rates)
If title insurance is not purchased at closing, then it can be purchased later. Generally a title insurance policy can be issued within 14 days of the closing.