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Is life insurance considered inherited property that a credit card company can claim after the death of a mother for unpaid credit card debt?
Wiki User
∙ 16y ago
Depends upon the State of your mother's residence, and the beneficiary of her insurance policy. If the beneficiary was her estate, they might be able to recover the debt; if an individual was the beneficiary, unless that person was a cosignor of the debt, it is not likely they have any recourse. Have you checked to see if your mother's account had debt cancellation coverage? Best of luck. Rjbeeg
Wiki User
∙ 16y ago
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Is life insurance considered equity for a company shareholder?
Corporately owned, cash value life insurance is "real property", and as such is a corporate asset, just like any other corporate asset. Does this constitue "equity"? I think it does. Rjbeeg
Does insurance pay house off after house destroyed by fire?
It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance.If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance.It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance.If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance.It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance.If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance.It does if the policy is current and there is adequate coverage. If the property is underinsured the insurance company will not pay for the entire loss. That all relates to the homeowner's insurance.If the mortgage is greater than the value of the property then you will owe the balance after the homeowner's insurance payment unless you have mortgage insurance.
What are the different policies offered by the insurance company?
Types Of Insurance: 1. Health Insurance 2. Disability Insurance 3. Life Insurance 4. Automobile Insurance 5. Theft Insurance 6. Travel Insurance 7. Property Insurance etc
What company offers the best property insurance coverage?
It really depends on your individual needs for property insurance coverage, for example if you have a basic need for items held in a rented residance you can find great coverage from a number of insurance companies. If you own farmland and need greater coverage for equipment or more specific property it may be best to meet with an insurance rep to go over coverage in more detail.
What is the difference between filed and unfiled commercial property floaters?
Filed forms have been reviewed and approved for use by a state Insurance Department for sale by the insurance company that submitted it for approval. Unfiled forms are floaters an insurance company markets to customers which are subject to later review by a state Insurance Department, if necessary.
Is landlord insurance a reliable insurance company?
Landlord insurance is not an insurance company. It is a type of insurance that covers a owner of a rental property from damages that may occur to their property.
Can you carry homeowners insurance on company property?
Commercial property cannot be covered by homeowner's insurance. Commercial property insurance must be purchased for that category of property.
What is the name of insurance company with code 482?
GE Property & Casualty Insurance Company (formerly Colonial Penn Insurance Company)
What type of insurance is sold by the Great American Insurance Company?
The Great American Insurance Company specializes in property insurance and casualty insurance for companies. These insurance types protect the companies from property damage and legal fees.
Which insurance company offers the best motorcycle insurance and why?
Progressive Insurance Company is considered to be the best company from which to purchase motorcycle insurance. Progressive offers fast quotes and their premiums are considered to be very competitive.
What is the importance of commercial property insurance?
Commercial property insurance is important so that a company would not be at risk from fires, theft, and some weather damage. In the event of a disaster, the insurance company would cover any loss. The amount of coverage is between the insurance company and the insured.
What services are provided by the company Insurance Factory?
The company Insurance Factory is an insurance broker. It provides insurance adjuster services for Allstate, Integrated Insurance Services, Property Insurance, and General Auto Insurance.
Will an insurance company insure a property without a certificate of occupancy?
no it will not
What is aegis insurance?
Aegis Insurance is a leading mutual insurance company. The company provides property and liability coverage. They also provide risk management services.
Will homeowners insurance cover cost of electric company work on adjoining property caused by downed tree on covered property?
Yes. But the electrical company's insurance co should cover it if they are at fault.
When a person receives an auto insurance settlement payment is the insurance company sending any notice of that payment to the IRS?
Payments of this kind are not taxable at all. This is considered as compensation for a loss of some kind be it injury or property.
What kind of company is Citizen Insurance?
Citizen Insurance is a property insurance company. You can insure your building, your contents or both. They have a range of policy options that are flexible around your requirements.
