The easiest thing is to get term life insurance for both spouses. figure in the existing debts and what it would take to replace the loss of income, and find coverage that is close. You can find a lot of info on line, go to insure.com.
A newly married couple can find cheap home insurance from State Farm Insurance Company. This company is reputable. State Farm provides other types of insurance as well as home insurance.
It depends on the insurance company, but I personally have never known of a company that would allow a parent to continue to carry insurance on a child after that child married, because at that point, you are no longer a 'dependant' of your parents.
Tell the insurance company you make a mistake on the application form, and that the fact is the man you described as your husband has not legal relation to you.
No, but if you don't tell them you are married then you are committing insurance fraud.
As soon as the insurance company gets wind that you are married they will drop you from their coverage. If you are caught using their insurance they will probably try to charge you with fraud or cancel your parents insurance.
Many different types of people buy term life insurance for temporary life insurance needs, such as, Individuals Couples Married Couples Young Families Homeowners Newlyweds Expecting Parents People with a Mortgage
Are they still married? Separated? Divorced? If nothing else, the husband should get a notice from the Insurance Company about his COBRA rights. What does the divorce decree say? Once the divorce is final, the Insurance Company wouldn't consider the x-husband eligible anyway.
Generally, yes. Everyone with an "insurable interest" will be addressed by the policy because any person or entity has the right to bring a claim against the policy. The insurance company will want to account for all parties to include lien holders (finance and mortgage companies). Two examples: 1} I am married to a convicted arsonist. This would be called a morale hazard and significantly increase the risk with providing insurance. 2) I default on my mortgage following a natural disaster (flood/hurricane/etc). Then the mortgage company will pursue damages against the policy. Additionally, most states recognize married couples as a single legal entity and withholding information of this nature may constitute "material misrepresentation and void the policy contract.
No.
If a man or woman are legally married and one of them dies say of a heart attack within 3 seconds of their marriage the other one can collect life Insurance if the will was made previous to their getting married. If no will was made good luck on getting an Insurance Company to pay you.
The man must discuss that issue with his insurance company.The man must discuss that issue with his insurance company.The man must discuss that issue with his insurance company.The man must discuss that issue with his insurance company.
They can do a credit check on you or check the electrol role to see if you have any financial links to any body else or share a home with them. You also have to fill out a mortgage application know as a Form 1003. You must disclose this information truthfully on your mortgage application. It is against the law to submit a mortgage application with false information.