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If your parent purchases life insurance through work dies of heart attack one month later what are the chances they'll argue the payment- assuming premiums paid answered truthfully etc?
Wiki User
∙ 16y ago
I can't say what the chances of payout are, but there is a chance. If all questions on the application were answered truthfully, and there was no misreprentation on the application, regarding health - the insurer should payout the claim.
Wiki User
∙ 16y ago
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Assuming the purpose of the insurance is for a buyout or keyperson, the answer is no.
Is inherited life insurance taxible?
The death benefit for life insurance is not taxable assuming it is not a Modified Endowment Contract.
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A valid current (ie receipted) insurance document. (Assuming that the company has not cancelled the insurance contract for some breach on your part).
How do you get rid of all the ads that fill more than half the screen of your computer?
I am assuming that it can not be answered
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Is your insurance agent supposed to do any of the work such as calling insurance carrier for the other party?
Assuming that you are talking about in the case of an accident, you should only talk to your insurance carrier. They will contact the other person's insurance carrier.
Is life insurance pay out taxable?
No it is not assuming the policy isn't a Modified Endowment Contract.
What insurance covers the driver who is at fault?
Assuming that the at-fault driver maintained it at the time of the collision, his/her auto liability coverage would be triggered.
What are the rules regarding having dual health insurance after retirement?
assuming you mean at age 65 or beyond, medicare becomes the primary insurance, and your other insurance becomes a medicare supplement.
If the other persons car is damaged do you have to file a claim?
No, they will file a claim with their insurance company and their company will talk to your company. Assuming you swapped insurance details.
Can you take a insurance state test without working for an insurance company?
Assuming that you are talking about becoming an insurance producer, i.e., the ability to sell insurance, the answer is "yes". Contact the state insurance department website in the state in which you are located for more information about becoming licensed.
Will homeowner insurance cover broken cook top?
No, assuming it was due to age. It will be covered if it was vandalized.
