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From your question it's presumed,,that either you are minor having no income of your own or you are the nominee of the policy on whose behalf the premia was being paid by the so called person. Well, if Premia waiver benefit has already been opted, then you need not to pay premia for the rest of the tenture. Or, the death benefit will accrue on you for being nominee of the policy.
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What are the laws on paying out on life insurance claims?
It is a contract. Person dies, claim is paid according to policy.
Do you have to pay a personal loan off if the person dies?
The estate of the person who dies is responsible for paying off the debt.
Does passenger liability takes responsibility when a person dies in a taxi?
Answer applies to north america. I do not know about rules in other countries.A paying passenger in a Taxi is covered in case of accident by the Taxi Insurance and the vehical that caused the Crash.If a person dies of anything not related to the operation of the Taxi, for example a Heart Attack, the Taxi insurance does not cover this kind of thing.
Does house insurance cover a mortgage if the holder dies?
NO Home Owners insue covers the Home. You might look to Mortgage Insurance for paying a mortgage.
Who is responsible for paying an estate tax?
A person who inherits goods when someone dies.
Who is responsible for paying estate tax?
A person who inherits goods when someone dies.
What would happen to a person if they visited Saturn?
it dies
What type of insurance will cover a person home iF the owner dies?
Homeowners Insurance is what you need to cover a home.
What if a person dies before paying off a school loan?
The estate pays the debt
What is cash value insurance?
There are some types of life insurance, known as whole life, which in addition to paying a benefit when the insured person dies, also develop a cash value over time, as you pay premiums, which you can withdraw if you like, so they are really a combination of a savings account and a life insurance policy.
What will happen to a cell in the body if a person is old?
it dies off
What will happen in next minute?
everything will happen... a babie is born a person dies some immegrants
