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Q: The transfer of the benefit of an insurance contract to an apparently unrelated third person is known as?
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If someone pays his home insurance for the entire year and then sells it will his policy cover the new owner if the house is damaged after the sale?

No. Insurance policies are non-transferable. Your home insurance policy automatically became null and void the moment it was sold. No damage after the transfer will be covered under the previous owners policy. The new property owner must apply for and qualify for his own insurance policy based on his own merit.


What is an operational lease?

An operational lease is a type of lease in which the contract period is less than the actual life span of the leased equipment, and the lessor pays all serving and maintenance cost. There is no transfer of ownership.


Can an heir sale his inherited interest in an estate before successions?

He cannot "sell" what he doesn't yet own. He can enter into a contract for sale if he can find a willing buyer and the transfer of title can take place after he has taken title to the property.


What are transfer of land document used for?

Transfer of land documents are used to transfer the title to land to a new owner.


How can you dispose of your timeshare?

Most timeshares are difficult to dispose of. You can always advertise your timeshare to sell on sites like craigslist and eBay but the odds of getting what its worth are minimal. There are companies out there like Timeshare Advocacy International that can assist in canceling a timeshare contract that is within the first year of its purchase. Try Transfer Smart. This is a timeshare transfer company. Although there is a cost involved, you will be guaranteed that you can get out of your timeshare effectively. You have a number of options like selling it, donating it or transfer the ownership to others. Some of these ways may involve fees while others are free. You may sell it but be aware that your price can only range from 50% lower than its initial price. One of the effective ways today is to work it out with a timeshare transfer companies. Try the services of Transfer Smart. They have professional staffs who can help you dispose it.

Related questions

What is a promiscuous plasmids?

plasmids that have transfer systems that allow transfer of DNA to unrelated species are called promiscuous plasmids.


The association of positive feelings of one thing to another unrelated thing?

Transfer


What is transferable genes?

Gene transfer is when unrelated genetic information is inserted into cells. This is in the form of DNA.


Why is insurance needed for a business?

to transfer risk from the owner to the insurance company


Can you transfer real estate title insurance to a buyer?

Not sure but i think can't transfer real estate title insurance to buyer


A transfer of contract duty is called a?

Delegation of Duties


Can you transfer car insurance companies and cars?

You can apply for Car insurance with a new company, But you can't transfer your existing policy to another company


What do individuals use to transfer the risk of loss to a larger group?

insurance


Can you transfer insurance to rental car?

Some auto insurance policies transfer to rental cars, and some do not. You need to ask your insurance agent about the details of your insurance policy, and the specifics of coverage while you are driving a rental car.


How bluetooth relate with superconductors?

They are totally unrelated. Bluetooth is simply a protocol to transfer data through wireless communications.


Was the pension contract for united technology inc transferred from connecticut general life insurance company to prudential retirement insurance and annuity company?

It appears that Prudential Retirement Insurance and Annuity Company acquired some of Connect General Life Insurance Company's pension business, which may have included the pension contract for United Technologies Inc. You may need to refer to the specific terms and agreements of the transfer to confirm.


When you transfer car insurance from one car to another how long does it take to be on the road?

The transfer is instant.