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Life Insurance is the same thing as Death Insurance, If you are insured, and you die, your beneficiary receives the proceeds of the life policy.

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16y ago

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Are retirement benefits the same as life ins on an estate?

Retirement Benefits after Death?NO. Retirement benefits cease once a person dies and therefore would not be part of an estate. When a person Dies, they are no longer considered "Retired", They are after death considered "Expired".Life insurance also is not part of an estate unless there is no named beneficiary. The proceeds of a life insurance policy belong to the beneficiary named on the policy, Not to the deceased nor to the deceased estate.


With a company life insurance policy for your spouse if he dies and you both owe back taxes to the IRS can the company take the money to pay the IRS before you get the payout from the life ins co?

No, if you are the beneficiary of the policy you will receive the money in full from the ins company, not the employer. If the employer is the beneficiary and they have an agreement to pay you a specific amount from the death benefit then yes they can. But this is rare. If it is just a regular company offered group life ins policy your contract is with the life ins company, not the employer. So the employer has nothing to do with the process of you being paid. You will receive a check from the ins co as soon as they receive the death certificate. But the IRS can take the money from your bank account....they will always find a way to get what they say is owed to them!


What is the telephone number of Colonial Life Insurance Company?

I called Colonial Ins phone # and they asked for my ss# which I am not ready to give at this time, so they disconnected me....Any way I can ask a few questions re applying for life ins possibility?


Is accidental death benefit included in face amt of life ins policy?

With accidental death benefit coverage, the nominee is entitled to get further sum assured amount (SA x 2) in case of accidental death of the policy holder.


Need information on Olinger Life Insurance Company?

I believe it was first west life ins then old reliance ins co in oct 1994 then American founders life ins as of dec 2000 1800-272-9600


How do you collect on a provident life and accident ins policy issued in sc?

To collect on a provident life and accident insurance policy issued in South Carolina, you need to file a claim with the insurance company. Gather required documents, such as the policy number, proof of death (if applicable), and any other necessary information. Contact the insurer directly or visit their website for specific claim procedures, and submit the claim form along with the supporting documents. Follow up to ensure the claim is processed and any benefits are disbursed as appropriate.


Possible to get life insurance if previously declined due to medical history but currently in good health?

YES. SOME INS. COMPANIES DO NOT ASK ANY HEALTH QUESTIONS AT ALL ! MOST OF THESE ARE "TERM LIFE INS." SOME WILL INCREASE YOUR RATE AS YOU GET OLDER BUT THE AMOUNT OF INS. WILL STAY THE SAME, UNTIL YOU REACH A CERTAIN AGE (BETWEEN 75 & 80). THEN YOU WILL NO LONGER BE INSURED. OR,,,YOU MAY BE ABLE TO GET "WHOLE LIFE" INS. IF THE REASON YOU WERE DECLINED HAS CHANGED FOR THE BETTER AND ENOUGH TIME HAS PASSED SINCE YOU HAVE BEEN "IN GOOD HEALTH". FIND AN INS. AGENT WHO CAN TRY TO PLACE YOU WITH MORE THAN JUST ONE CO. LOOK FOR A LIFE INS. BROKERAGE FIRM.


What is triple indemnity benefit?

Life ins


Is voluntary life ins pre-tax?

no


Do you have to file life ins on taxes?

yes i have


What are the coverage characteristics of life ins?

dinosaurs.