IS POLICY NUMBER 74LB7L6967 STILL IN FORCE?
Is policy No. 12,862,551 still in force?
The policy is 'in force' for the policy period as long as you still own the house.
yes, as long as the policy is still in force you can borrow agains it
Call and ask. CAn I find on the web
Call the life insurance carrier, provide the policy number and ask if it's still in force. Even if it has lapsed, it might still be in a grace period such that paying the catch-up premium could reinstate it.
As long as you keep paying the premiums the life insurance is in force.
policy no. 508220 is my policy still in effect
If the policy was still in force and the insured has died, then yes, the insurance company would owe the death benefit. If the policy was cancelled or surrendered, the company would not owe anything.
Generally speaking your home should still be insured for the covered perils as long as your insurance policy was still on force during the date of loss. The only reason I can think of that would void coverage is if there was some kind of exclusion in the policy that would exclude coverage due to vacancy issues or something. It all depends on the perils and exclusions of your policy.
You will have to call the insurance company in order to find out if the policy is in force. You will also have to be the owner of the policy or the administrator or executor of the estate of the insured to find out. Otherwise it is against the privacy laws for you to inquire about another persons financial affairs.
It will be difficult to get a policy that will cover, but a life insurance policy in force before incarceration should stay in force.
The term "in force" means the policy premiums have been paid up to date, and that if the person who is insured dies, the ins company will pay the death benefit.