Mother gives 4 sons her home she pays insurance premiums in her name years later a claim is made who legally has claim to the insurance proceeds mother or sons insurance was never changed to the sonns?
The legal right to the money requested in the claim goes to the person who is named in the policy. Regardless of who was paying the premiums.... (even if the sons made the claim to fix something) Mom has her name on it she will be named on the check and will be the rightful recipient to the claim.
Mother gives 4 sons her home she pays insurance premiums in her name years later a claim is made who legally has claim to the insurance proceeds mother or sons insurance was never changed to the sons?
House given to her sons she is paying Insurance premiums a claim is made who legally belongs to the insurance money?
If you were someones caretaker until they pass away and they leave you as benificiary on their life insurance policy and not their stepchildren does this legally belong to the caretaker?
You live in South Africa and you want to know if its possible to buy a car with only a learners licence and what about getting insurance?
To legally buy a vehicle in South Africa, you do need a full driver's license. No insurance company will offer insurance to a learner driver, and once you do have a license, your premiums are higher until you are 25yrs old. To legally buy a vehicle in South Africa, you do need a full driver's license. No insurance company will offer insurance to a learner driver, and once you do have a license, your premiums…
It's customary and legally binding that the Nominee will receive the proceeds in case of any eventuality of the policy holder. In case the nominee is a minor, the Appointee will receive the money on behalf of the minor nominee. When there are legal heirs more than one, the nominee has to bestow the proceeds among them as per proportion of their shares.
If you legally change your name can you receive inheritances or life insurance benefits left to your former name?
A prospective employer may be interested in your health because many employers pay a portion of their employees' health insurance. Health insurance premiums may be higher if you are in poor health or a regular smoker. However, a potential employer is not legally allowed to ask questions about health during an interview.
If not legally separated, you will probably have to wait until open enrollment through your employer to cancel her insurance. If you do get legally separated, you can cancel insurance as you have had "change in status." Usually insurance companies will process changes outside of open enrollment when you have a change in family status. An example of this would be getting married, having a baby, or getting divorced/legally separated.
For the most part, no one. A court might make some changes, but those are most likely to be as a result of judicial proceedings taken prior to death, but even that does not contemplate post-death changes. A life insurance policy is a contract, and barring unforeseen circumstances, the insurer is obliged to pay the policy proceeds to the beneficiary(ies) named on the application for the policy when a valid claim for proceeds is presented…