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Is Funeral Insurance very expensive if i take out a policy at the age of 82?
Wiki User
∙ 14y ago
Some programs will not allow you to get funeral insurance at 82. The insurance will be very expensive at 82 because you are more likely to die a lot sooner that other applicants.
Yes any type of insurance becomes very exspensive the older you get. I can not find any company taht will issue a funeral insurance policy at 82 years old.
Wiki User
∙ 14y ago
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Can you take out a life insurance policy on your mom if she has HIV?
This may be possible - but it would be most likely a quite expensive life insurance policy.
Can someone take out a life insurance policy on someone that they do not know?
Typically, the person being insured must consent to the life insurance policy. Without the person's consent or insurable interest, it is not permissible to take out a policy on them. Doing so could be considered fraudulent.
If a crooked funeral home withholds your insurance policy where you are the main beneficiary and signs your name and buries your loved one without your approval what can you do?
Signing your name to a policy without your permission is insurance fraud. Start with the insurance company who should then pay the benefits to you and take action to recover the funds from the funeral home. From there you can contact the regulatory agency that governs funeral home as well as the DA in your county.
How long does it take to get the claim check from a life insurance policy?
my mother pased away on 4/28 and the funeral home filed her life insurance on the 29 or 30 how long does that take to receive a check for life insurance
Can a wife take out a life insurance policy on her husband?
yes you can just go to a insurance place and take out insurance policy he will have to be there also,
Can you take out a life insurance policy at age 85?
short answer: Yes. long answer: The only life insurance you would be able to get is term life insurance and that would be very expensive due to being 85.
How do you pay for funeral costs with a life insurance policy?
Well, a life insurance policy has to be funded, or paid into. Life insurance policies are not gifts of benevolent insurance companies. You have to put money in to get money out in the form of a death benefit. However, starting to plan NOW is the best time to begin, and that includes how "it" will be paid for. It's never too late.....until it's too late. ANSWER: My friend just lost his mom who had not one penny in life insurance benefits. So relatives are left holding the bag to pay for a cremation which was the least expensive way to go. So as said before, you only receive money to pay for a funeral if the deceased has insurance and stipulates a portion is to go for burial expenses. Laws even allow individuals to prepay for burial expenses.
Can you take out a life insurance policy on any individual you wish to?
no. there are laws for life insurance policy and is illegal to take it out to any individual
How long does it take to cancel your life insurance policy?
I have a whole life insurance policy, how long does it take to cancel it, also can I get money back from it.
Can you take a loan out of your insurance policy?
yes you can
Can you take out insurance on parents?
You may take out an insurance policy on your parents if you have power of attorney over them.
Can i buy a life insurance policy on anyone?
No. You have to have an insurable interest in the person's life in order to take out an insurance policy on their life.
