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Answered 2013-06-23 02:02:44

A family life insurance policy differs from an individual insurance policy by the amount of persons included in the policy. The family option includes a (marriage) partner and probably one or more children. There might also be the option to include pets into the policy depending on the insurance company.

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Individual health insurance is ideal for single individuals. If you are married or have a family, it is much more cost effective to purchase a family plan instead of individual policies. The only time it may benefit a family to purchase a separate policy for an individual is if one person is at very high risk individual. Their risks will raise the rates of the entire policy. For this reason a single policy could be purchased for them.

no. there are laws for life insurance policy and is illegal to take it out to any individual

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A life insurance policy is "portable" when upon leaving the group policy, you transfer your life coverage to an individual life policy with the same insurance carrier with no changes to the policy or increase in premium.

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Typically, yes. But it depends on the individual policy.

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I don't think so. Typically life insurance policies are taken by people for themselves or for their family members. The person who has taken the policy is the only one with whom the insurance company will interact. So, the chances that some random individual has taken a policy on your name are pretty slim and even if they have, the insurance co will not share details with you.

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No. That decision should be made by the individual and their family, not the hospital policy.

Probably not. Check with the Company. Are you domestic partners? Is it a group or individual policy?

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Only if the policy owner, sends a written request to the Insurance Company to do that.

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