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Answered 2012-04-25 13:59:29

By referring to the family members on survival

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You must ask them.Contact The Center for Life Insurance Disputes. You can do a lost policy search through their website.

It is legal to take a life insurance policy out on someone else. Wal-mart does it to their older employees, and cashes in when the employees die.

how do i find out if tom rowntree had life insurance

Information on last to die life insurance can be found on all life insurance websites on the about section on each separate type of policy they provide.

An endowment policy is purchased by those that are looking for an investment product from a life insurance company. This type of policy will also pay out for your loved ones if you die.

Once they die you have to cash it if you want to get the benefit of it. The policy does gain any more value after they die so its in your best interests to make the claim and get the payout.

The children or heirs of the deceased will receive the benefits in a situation including a second to die insurance policy. It is also goes by the terms "Dual Life Insurance" and "Survivor-ship Insurance".

Never...unless you found the fountain of youth and find you are not going to die.

yes. to have insurance on someone you have to have an insurable interest in them. basically you would have to be at a loss in some shape or fashion if they where to die. this is a very loose and subjective concept that companies very rarely challenge unless its a multi million dollar policy.

You no longer have insurance cover - if you happen to die then there is no payment made.

you can get life insurance , but if you die of a drug overdose, then they will discontinue your contract.and you will get nothing .

It is really hard. If the policy is taken out on your life but is paid by somebody else you are not the owner of the policy. If you die, the owner of the policy, not you or your estate has the right to the money. There is no one central repository of information on who has life insurance policies so unless you have another way of knowing (like bank account information showing payments to an insurer), then you likely can't find this out.

Usually the policy is terminated if it needs to be inherited. Meaning that if you die, that policy will usually just pay the value of the policy and be done with.

I assume you mean a life insurance policy. First, no one can take out a life insurance policy without you personally answering the questions on the application then signing the application with a witness which usually has to be the licensed insurance agent. Secondly, the beneficiary has to have what is called an insurable interest. This means that they have to have a financial dependency on the insured person. This is where the person who would be the the beneficiary would have a financial loss if the insured happened to die like in a married couple situation. This prevents people from taking out insurance policies on anyone and basically betting they will die.

Not if you purchased the coverage while you were healthy.

Some programs will not allow you to get funeral insurance at 82. The insurance will be very expensive at 82 because you are more likely to die a lot sooner that other applicants. Yes any type of insurance becomes very exspensive the older you get. I can not find any company taht will issue a funeral insurance policy at 82 years old.

Life insurance is a protection against the loss of income after someone has died. It provides a layer of financial security for your family after you die.

You can get free life insurance from the company MassMutual insurance. It is a term life policy so you will have to die before your kids can collect the money.

Second to die insurance is a life insurance policy with a death benefit that is paid only when the second of two insureds dies. No benefits are paid as long as both live, or if just one lives.

A life insurance policy is an excellent way to fund a trust. Any way of placing necessary funds into the trust are acceptable. If you have cash and wish to fund it with cash this is fine. Life insurance is a good way to fund a trust because you can pay premiums and be assured that the money will be there when you die to fund a trust that you want to set up for someone.

What about it? Apply Issued Pay premiums Die death benefits paid.

Life Insurance is the same thing as Death Insurance, If you are insured, and you die, your beneficiary receives the proceeds of the life policy.

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