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How do I find out if my deseased father has a life insurance policy

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โˆ™ 2008-11-20 02:48:18
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Which of these is an element of limited payment life insurance

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Q: How to find out if a life insurance policy was taken out and then cashed in upon their death?
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What does 'assurance deces' mean in English?

'Assurance Deces' is a French term which translates into English as 'Death Insurance'. Death insurance is a common form of insurance taken out to protect against life events such as accidental death. This policy covers areas such as accidental death. Should the claim against the policy be accepted, the policy would be paid to the benefactor. Depending on the issuer or the policy, depends on the level of premium.


What is the value of a life insurance policy from Metropolitan life insurance taken out in 1924?

This answer will depend on the type of policy that was taken out and if the policy is still "in force". If the policy is a term policy (unlikely), whatever is the death benefit face amount of the policy. If the policy is whole life or universal life policy, the policy may have a cash surrender value and a death benefit value. Meaning that you may be able to simply cash out the policy and get a check prior to death. Or, upon death, the value would be the death benefit face amount plus any unpaid dividends and interest minus any loans that may have been taken out. I am happy to answer more questions or help you with this. Brian Lombardo, CPA, Agent


What exactly is a life insurance company?

A live insurance company is a company that holds a "life insurance" policy on a person. The policy is taken out by a person and fees are paid. And, if for some reason the person's life ends, the policy is paid out to the beneficiaries as long as the death was not done on purpose.


If you are taken off your insurance policy do you have to surrender your license?

no because you will get another insurance


What are the policies with survivorship life insurance?

Survivorship life insurance is often taken out by spouses. All the benefits of the policy roll over to the surviving partner on the policy upon the first person's death. However, the benefits are not accessible by the surviving partner; the entire policy is only paid upon the second person's death.


What is joint life insurance policy Describe the accounting treatment of joint life policy upon death of a partner?

Joint life policy is an policy taken by all the partners of the partnership firm for avoiding the disturbance in business due to death or retirement of partners,so when a partner dies insurance company will pay the representatives of the deceased partner otherwise the assets would have to be sold which can led to disturbance of business.thus,JLP is taken...........


What is the purpose of the accident plan?

It could be an insurance policy taken out with an insurance company in case of an accident.


What are some companies associated with Key Man Insurance?

Key Man Insurance is an insurance policy taken out by a business to compensate that business for financial losses that would arise from the death or extended incapacity of an important member of the business. Some companies associated with this policy include Nationwide and Mozdex.


A 71 year old men passed away about 1 year ago. He had taken a 10 years term insurance policy 1 month before he died. The policy was just discovered. will the insurance company pay?

Send a certified copy of the death certificate and A COPY OF proof of the insurance policy and you should receive payment.


Does life insurance pay if a patient is taken off life support?

Obviously, the life insurer will not pay when a patient policy holder is taken off life support. Unless the hospital authority officially signs the death certificate of the patient, the clinical death will not be officially recoginised from insurance point of view.


What Is a document that is based on the amount of risk taken on a specific outcome?

Insurance policy


What is key person life insurance?

AnswerKey person insurance is a business related form of Life Insurance, and is taken out by a business to protect the business should any financial losses arise from death or incapacity of a member of the business that is specified in the policy.


What is an temp cover?

Temp cover is car insurance that is the same as annual insurance except that except it is for a shorter term on your policy insurance. This insurance policy can be taken out for the minimum of 1 day and up to 8 months.


What rights do you have over a life insurance policy taken out by your parents while you were an adult?

If your parents took out a life insurance policy and paid for it, the policy belongs to them and even if you are the person whose life is insured, that does not give you rights over that policy. I am not entirely sure why your parents would feel the need to have life insurance for their adult progeny, but possibly they are concerned that if you were to suffer a tragic premature death, they would be stuck with funeral expenses that they could not afford to pay unless they had an insurance policy to help them.


If you cash in a life insurance policy do you have to pay taxes on it?

"Insurance and Taxes. No. All proceeds or withdrawals from any insurance policy are not taxable." This is not true. If you cancel a life insurance policy, the growth on the cash value IS TAXABLE. If you do not surrender your policy, the money is taken as a loan and therefore not taxable, but interest that has to be paid back to the insurance company grows.


Person is 26 years old and on her parent's medical insurance but has also taken out her own individual medical policy Which is primary insurance?

The individual policy is always primary.


What do you do to find out if a sibling has taken out a life insurance policy on her father but the father had no will?

ask the sibling.


How do you find insurance policies illegally taken out on insured who is still living?

You don't. Insurance policy information is non-public.


How do I find out about a 10-m-special whole life policy that was taken out with durham life insurance company and is paid in full?

Find out in what state the life insurance policy was taken out in. Call the Insurance regulator of that state and ask them how to get the number for Durham Life Insurance. Call them and give them the policy number or the Social Security number of the Insured. They should be able to assist you.


Can you find out if someone has life insurance on you?

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.


Can an life insurance policy be taken out on your children by the husband and grandmother with out your permission?

can the grand mom and her son take a life insurance policy out on me and his children without my {legal wife} permission


Is policy holder health insurance automatic guarantor of step child?

In medical insurance, the policy holder of the policy is not automatically the guarantor of a step child. To become the guarantor of the child a formal adoption should have taken place, or the child can be added to the policy.


Is an accidental death evil?

Accidental death is not at all an evil. In accidental death, double the sum assured of a policy is paid to the nominee for which extra premia is taken since inception of the policy.


Who is entitled to insurance proceeds between tenant and landlord?

That depends on the type of insurance policy it is. If it's the landlord's policy on his building, with him paying the premiums, then the insurance benefits go to him. For the insurance money to go to you, then you would have had to have taken out renters insurance, with you paying the premiums, insuring the contents (your personal belongings).


Does human body insurance exist?

If you mean like home or auto insurance, then yes in a sense. There are several types of insurance that can be taken out for a person. These are health, liability, medical, long and short term disability, and life (death) insurance. Each pays in different ways according to the policy or contract agreed upon.