If the insured died, the insurance company must be notified of the death and then supplied completed claims forms and the death certificate. It will then pay out the benefit to the named beneficiary. This is contractual so whoever is named, gets the money and you do not have a say in the matter or how it is spent, unless you are aware that "mom" wanted it that way. Often times the insured names the oldest child as the beneficiary expecting he will take care of his younger siblings. Heck no, he's buying a boat to go with his new home on the lake. That is why Mom should have had a will and a Trust. 4lifeguild
The primary insurance holder is obviously covered alongside their spouse and children too if they were included in the insurance plan.
Yes: Your spouse/children can be included on your insurance policy regardless of who was/if there was a cosigner on the car.
A life insurance policy for my father included his 3 children one is deseaced does the deseased child children then become heirs?
There is no real incentive, just the joy of helping children. However there is insurance included to care for pediatricians
This is a package holiday service, which is usually helpful and easier to use because everything you need will be included. From flights, hotels, insurance and much more. Will a great variety of deals included.
insurance proceeds are distributed to named beneficiaries In addition an insurance policy of a deceased that does not have a named beneficiary will be included in the probate procedure and the state's probate law of succession will apply.
If not included in the Will, then nothing. Though you could detest this in court depending on your circumstances.
its liability insurance
In the State of Texas, when you rent a car, rental insurance is not included. If you want to have the rental insurance it will come with an extra charge.
Disability Income insurance is not included in major medical. It is a completely different type of insurance.
Liability Insurance
liability insurance. -twiggy.