0
Does your home beneficial 10 year payment life policy purchaced in 1957 still have cash value?
Wiki User
∙ 13y ago
This answer depends upon the schedule of cash value in the policy itself. Suggest you locate the policy, read it and then talk to the company. At this point, it's even possible that the cash value equals the policy's death benefit. In other words, the cash value could be significant.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Does an old whole life policy that is paid-up still earn interest?
There is no maturity payment against whole life policy.If the policy remains paid up,it will be eligible for payment against any eventuality of the policy holder in question.
How do you find out if policy is still open?
policy no. 508220 is my policy still in effect
How do you know if your policy is still in force?
Is policy No. 12,862,551 still in force?
Is policy remain valid if premium due is not paid?
Depending on the type of life insurance policy, if a premium is due there is a grace period while payment can still be made to keep the policy in force. Grace period is usually 30 days. If the policy has cash value, premiums can be paid out of the cash value. Once the cash value depletes the policy will lapse if no additional payments are made.
If you defer a payment will you still have to make that payment?
yup, just at a later date - and typically a much higher amount
Is your home beneficial policy still good?
Ask your agent.
Does an old whole life policy that is paid-up still earn interest?
There is no maturity payment against whole life policy.If the policy remains paid up,it will be eligible for payment against any eventuality of the policy holder in question.
Does eljer faucet still honor your lifetime warranty on the sink faucet assembly purchaced in 1995?
They did in 2006.
Do you make an insurance payment if your car is totaled?
You should check with your insurance company. If you still have a policy open for the car the premium is still due. But I'm not sure why you'd have a policy if the insurance company said the car was totalled
How can you find out if an insurance policy is still alive?
An insurance policy gets lapsed after a period of 5 years' of non payment. Visit the Insurance Co's website,ask for status by citing your insurance policy number and you will be intimated accordingly whether the same is still alive or dead.
How can second divorced wife collect deceased husbands insurance policy when first deceased wife of husband is still named beneficiary?
In order to ensure that a wife collects her deceased husband's insurance policy, it is beneficial to transfer the beneficiary of the policy while the husband is still alive. If the beneficiary of the policy is also deceased, it would be wise to seek legal help.
If you purchased disability insurance on your car loan do they still have to pay the payment every month if you received social security disability?
Probably. What does your policy say?
If you said you would take cash but later changed your mind and called your insurance company can you be penalized for the verbal agreement?
Not if you haven't already accepted the payment. Your policy most likely states that if you 'accept' payment from a tortfeasor then you waive the right to recovery from your own policy. Also, if you have accepted payment but the amount you have accepted is less than the deductible under your own policy, your insurance company may still allow you to file under your own policy. The company will then pursue the tortfeasor or their insurance company for the remaining amount of the damage.
How do you find out if policy is still open?
policy no. 508220 is my policy still in effect
How would you know if oxygen sensor is bad?
Your engine managment light will come on ,if you recently purchaced 1 and the light still comes on the wiring could be the wrong way round if it is universal
How do you know if your policy is still in force?
Is policy No. 12,862,551 still in force?
Is policy remain valid if premium due is not paid?
Depending on the type of life insurance policy, if a premium is due there is a grace period while payment can still be made to keep the policy in force. Grace period is usually 30 days. If the policy has cash value, premiums can be paid out of the cash value. Once the cash value depletes the policy will lapse if no additional payments are made.
