If your brother is still alive, ask him. If your father is still alive ask him. If not, call any insurance companies, agents or agencies your family may have done business with in the past and ask them.
I need to report my father's death and collect on his life insurance policy.
Yes. As long as there exists an Insurable Interest between two parties, they can buy life insurance. For instance, there is insurable interest between spouses, parents and their children, and relatives. A daughter may purchase life insurance on her father.
Is there a web site available for free for research to see if parents have life insurance coverage and if refunds are due to them of spousal death?
Where to get Life Insurance There are many fine company web sites that make life insurance quotes available on the internet. The problem with most quotes is they fail to ask the right questions or do not know which carriers view certain underwriting issues differently. You are always in a better position to speak with an independent life insurance agent that can give you suggestions on how to make coverage affordable. You may also get our free guide to life insurance at from us at LifeNet Insurance Solutions.
You call the insurance company and ask them.
If you were a beneficiary under a life insurance policy, you would be notified by the company. If you weren't but your brother was, you have no right to know.
no
I need to report my father's death and collect on his life insurance policy.
Questions that must be considered: (1) Who died first, your father, or your brother? If they both died simultaneously then your brothers's insurance policy wouuld go to your father's estate UNLESS a secondary beneficiary had been named. (2) Who are the named beneficiaries on your brother's insurance policy? It actually makes no difference what their marriage status was, it is the NAMING of a beneficiary that counts, NOT their family status. If no other beneficiary of the policy was named you may have to hope that your father's will included you.
I need help
All life insurance policies specify who the beneficiaries are and what percentage each one gets, so your brother can only collect his portion.
As you are a relative and not his wife, you would not have what they call an 'insurable interest' - such as a wife/husband, mother/father would. The solution would be to have him take out the insurance and you pay the premiums for him. == ==
A son can not generally take life insurance policy on his father's life because of lack of insurable interest in the life of father. Life insurance works on the principle of insurable interest. A father generally has insurable interest in the life of his child due to emotional reasons. That is why life insurance companies design the products for the children which take care of their education and other expenses once they grow up.
Yes you can. To get insurance, insurance companies, want to see an "insurable interest." Since he is the father of your child, you have an insurable interest on him.
How do I find out if my deseased father has a life insurance policy
ask the sibling.
Yes. As long as there exists an Insurable Interest between two parties, they can buy life insurance. For instance, there is insurable interest between spouses, parents and their children, and relatives. A daughter may purchase life insurance on her father.