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If life insurance policy has lapsed how do you get reinstated if the life insurance company didn't notify you?
Wiki User
∙ 13y ago
It depends on the company and your age. They are not required to notify you of your policy lapsing. Contact them and ask them what you need to do to get it reinstated. If it has been too long, you may have to reapply.
Wiki User
∙ 13y ago
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How do you check status of old insurance policy with occidental life insurance company of California?
Before an insurance company can sell insurance in a certain state, it must register with the State Dept of Insurance. If the company is sold, then it must notify the Dept of who it was sold to. If it just closes down, its policies were likely sold to another company, the Dept will have to be notified of that as well. Contact the CA Dept of Insurance and inquire there.
How do you find the company that now has your life insurance policy issued decades ago by now-defunct Universal Life Insurance Co of Richmond VA?
Before an insurance company can sell insurance in a certain state, it must register with the State Dept of Insurance. If the company is sold, then it must notify the Dept of who it was sold to. If it just closes down, its policies were likely sold to another company, the Dept will have to be notified of that as well. Contact the VA Dept of Insurance and inquire there.
How long does it take to get a settlement from life insurance companies?
On average a company has 60 to pay the settlement or notify the beneficiary if there are any problems concerning the settlement. If the beneficiary killed the insured person the company can refuse to pay.
Does the bank notify you when your life insurance beneficiary is to receieve monies?
I'm not taking your question lightly, but if YOUR life insurance beneficiary is going to receive money, that means YOU died. Hence, since you would be gone, there would be nobody to notify. The insurance company has to be notified of your death. Your BENEFICIARY or policyowner or executor has to FILE A CLAIM to receive the death proceeds. The check is usually just sent to the beneficiary or beneficiaries. Sometimes things are a little more invovled when there are title questions, like a divorce, or dying intestate, or if the insurance company is notififed of a dispute in court over the ownership. If you're having a dispute, notify the insurnace company of the dispute and the person's death, so they can freeze issuing the proceeds to someone who may be last listed as the beneficieary, but the court finds in favor of another party.
What to do if something is stolen that you still owe on?
Notify your insurance company and file a claim. Failing this, you will pay the balance owed on the loan. The property that secured the loan, that which was stolen, only acts as security for the lender.
Does the insurance company have to notify motor vehicle if you dont have auto insurance?
That will depend on where you live. In Alberta we have private insurance companies and no it is not a part of our job to notify motor vehicles if your policy is cancelled or lapsed. You do need the pink card to renew your registration though.
Can finance company repo your car if your insurance lapses?
You usually have to have insurance in case you have an accident. The finance company can then retrieve the debt from the insurance company. If you do not have insurance then they will have to retrieve the debt from your other assets such as your house if you have one! If they perceive that you are a bad risk they may look at getting the car back if there is enough equity in it but they will still want any outstanding dues. Better to keep up the insurance. They may not know the insurance has lapsed unless you notify them.
Is the insurance company required to notify you if your employer cancels the company policy thereby cancelling the employee coverage?
No. The Employer must notify you.
How do you deal pet insurance company when they commit fraud?
Notify your state department of insurance
Should a life insurance company notify funeral home when a claim is filed?
In the UK there is no onus on a life insurance company to notify a funeral director of the existence of a life insurance policy, that is a matter for those handling the deceased's estate.
Do you need to notify your insurance company that your husband has started back smoking?
No.
Does an employer need to notify employees of health insurance changes?
Yes, unless the Insurance Company is doing it.
Who do you notify when involved in an accident?
Medics , police, insurance company, family are to be called.
If you are involved in a minor collision and the police respond do they report the accident to the appropriate insurance companies?
No, the police never notify insurance companies of accidents or tickets. It is the responsibility of the insured party to notify their insurance company.
What is the longest amount of time one has in which to notify insurers of damage?
Whenever damages occur on a home or a vehicle, it is best to notify your insurance company as soon as possible so that they may begin processing your claim. However, life often gets in the way and individuals struggle to notify their insurance companies when there is a need. It is necessary to notify the insurance company before your next billing cycle occurs.
Who must the car insurance notify anytime you renew your car insurance?
The auto insurance company would notify the policy owner when the policy renews. If you have any vehicles financed and have provided the company with the correct mailing address and loan numbers they will also notify them of your renewal. Many states have an automatic notification system so that the company also notifies the State Department of Motor Vehicles of insurance or insurance cancellations so that the State knows if your insurance is valid as well.
How many day do you have to notify your insurance company after buying a used vehicle?
2 days
