If he is a member of your household or if he drives your vehicle then yes he must be added to your insurance policy. A member of your household includes students away at college. A student at college does not count as not living with you because their residence is still your house.
Yes, you can out live your Insurance Policy. When the amount of the premium paid equals the face amount of the policy (the death benefit), the policy matures and you get all your money back.
Certain forms of business insurance are mandatory and required by law. One example is worker's compensation insurance which must be carried by all businesses in all states. Other forms such as disability insurance are not required in all states so it varies by what state you live in. Most other forms of business insurance are not mandatory but are highly recommended.
No!! Just be added to their policy
No chance.
Yes
my son is on my auto insurance policy but he has moved to florida and I live in Michigan. Can he still be covered on my auto policy if he now lives in florida?
Most likely no, but still check your specific policy and the rules in the state you live in.
Yes, you can have your own auto insurance policy. If you are a minor though, you will need your legal gaurdian to countersign your application for insurance coverage.
Endowment Insurance policy is life insurance. Life insurance is very important to have, especially if you have a family or kids. If anything should happen to you, you would want to know that your family could live comfortably without your income.
Prove that you live somewhere else and have your own policy or change policies
Yes. Auto insurance is mandatory if you live in Hawaii. You can read more about it here: http://hawaii.gov/dcca/ins/consumer/consumer_information/mvi
You do not have to live with them as long as you are listed on the policy.