Yes, if the policy was in the sole name of the diseased - because the contract/policy is with the person NOT the car.
Auto loan death insurance is a type of insurance that pays off the remaining balance of a person's auto loan if they die before the loan is fully repaid. This insurance provides financial protection to the borrower's family or estate in the event of their death, ensuring that they are not burdened with the loan debt.
It's called " Credit life insurance". pays off the car in the event of death and is sold by auto finance companies at the point of vehicle purchase.It is a nitch market not sold by typical insurance companies.
That is what we call fraud!
It is usually the at fault parties insurance that pays. There may also be coverage in the deceased parties insurance.
Look at your insurance card. All insurance will expire or cancel at 1 minute before or 1 minute after midnight.
no insurance + jail
Companies that offer car insurance in Oregon are State Farm auto insurance, 21st Century auto insurance, Nationwide auto insurance, Mercury auto insurance, Farmers auto insurance, and AAA auto insurance.
Auto Insurance.
ZERO. You are required BY LAW to have insurance at ALL times in the state of California. There are absolutely NO grace periods for insurance lapses or expirations of any kind. This is why all insurance policies expire on an EXACT date and time.
Currently the minimum requirements for Californian auto insurance include at least $15,000 for injury\death to one person. Also $30,000 for injury\death to more than one person and $5,000 for damage to property.
(autoinsurance.aains.us/low-cost-auto-insurance) maybe it will help you
The term "death benefit" refers to a payment made as a result of a life insurance policy. In the case of car insurance, if there is a lawsuit for wrongful death, and a payment is ordered by the court, then the car insurance will pay. That is not exactly the same thing as a death benefit even though it is a payment made as a result of a death.