Yes you can.
In rare cases, a person will make a close friend or relative the beneficiary of their life insurance policy instead of their spouse.
A person can name anyone they choose to be a beneficiary. This can include a friend, child, spouse, parent or other relative. Some people even name organizations or charities as a beneficiary.
There's no fundamental reason you can't designate any legal person you want as the beneficiary of your policy. ("Legal person" does not mean that the person is legal, but is meant to include both real people and corporations.)
If you have home insurance then you should phone your Insurance Adjuster and ask them this question. They have a copy of your insurance policy.
A person can find garage liability insurance through their business insurance provider. There are usually several insurance providers that specialize in small businesses.
Yes. It is not unusual for an only child, favorite sibling, friend or other relative to be named the executor and beneficiary.
Depends. If said friend has insurance then in most cases their insurance will cover the damages due to vicarious liability. If the friend does not have insurance, you are then responsible for any damages caused.
yes because if you have insurance on your car as long as you name is on the title and you were in the car with your friend most likely the insurance will cover it
I believe the Parents insurance go up!
Car insurance follows the car. If you are using the friend's car temporarily, with permission, as a substitute for your own insured car, your insurance should cover you if the friend's insurance does not. What if my friend (who has the car) does not have insurance and I want to pay for my faults and fix it - will he be arrested?
if it was YOUR offence, YOUR license you showed, it will be YOUR problem with insurance, not your friend's.
An heir does not have to be a blood relative. An heir, also known as a beneficiary, is whoever is listed in a will or trust as a beneficiary. So it could be a friend, or a charitable organization, or a blood relative. It is up to the person making the will or living trust.
He would have to fill out a medical questionnaire and sign the application. The insured individual has to consent to having their life insured. The wife doesn't need to know about it, but he would have to.
Do you have car insurance? Yours will cover it. Your friend if he is a true friend, will cover the deductible.
Yes I would I think that hanover insurance is a well trusted company and if I were to recomend it to a friend the friend I recomend it to would enjoy the professionalism of the company.
No, insurance does not always follow the owernership of the car unless you and your friend live in the same house and you have your driver's licence. If you tell the insurance company that you are not going to drive the car at all time and main driver is your friend, then you do not have to be under the same insurance.
There are many companies that offer homeowners insurance. You can go to a local insurance agent, you can do an on-line search through one of the many popular search engines on the, you could look in your local yellow pages or even ask a friend for a recommendation.
It would be a very foolish move to put a friend on your car insurance because if they have an accident you will have to pay any expenses. This also includes letting a friend use your car.
Insurance follows the car, and points follow the driver. which means that the friend will receive the ticket and the points against his insurance. However, your insurance will pay for your car and you should not receive the points for the ticket. Check with your state for insurance guidelines.
generally the person who owns the car at fault involved in the accident is financially responsible. hopefully you have insurance and your friend is not excluded from your policy for some reason. if your friend is not excluded then your insurance company should pay
Because insurance laws and costs vary state to state, you should call your agent. Added... You should check with the current insurance company. You are probably going to be unable to purchase insurance on something that does not belong to you in the traditional sense. You might have to insure through a speciality company. See a insurance professional...