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2014-05-06 12:03:12
2014-05-06 12:03:12

If there is a named beneficiary on the policy the life insurance proceeds bypass probate and the beneficiary will receive the money. If none is named, the proceeds are paid over to the estate. If there is no Will, the proceeds will pass to the heirs at law according to the state laws of intestacy after the debts of the decedent have been paid. If the proceeds are paid over to the estate the debts of the decedent must be paid before any assets can be distributed to the heirs.

You can check the laws of intestacy in your state at the related question link provided below.

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Not unless your name is mentioned specifically in the grandfathers WILL.


Here are some topics for Life Insurance: What is life insurance? How does life insurance work? What are the different types of life insurance? What are the top life insurance companies? How do I get the best price on life insurance? What is a beneficiary? How can I save money on life insurance?


There is no average price for life insurance per month. Life insurance rates vary based on a number of factors, including: You age, gender, amount of coverage, health, family health history, occupation, hobbies, smoker/non-smoker, on medication or not, etc. Each of the above mentioned factors affect your life insurance premiums. However, you can request free life insurance quote comparisons online to find the average price of life insurance for yourself.


You do not need a will for life insurance. I don't have a will, but I have life insurance. ;)


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AAA Life Insurance offers three main types of life insurance policy these include Whole Life insurance, Term Life Insurance and Universal Life Insurance.


The following are the types of life insurance lawyers in wichita •Life Insurance for Smokers •Life Insurance for NonSmokers •Business Life Insurance •Universal Life Insurance


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There is an insurance company called Federal Life Insurance Company.


Anyone can have life insurance. So actors would have life insurance.



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Universal Life was "the thing to get" in 1979. Today, it is rarely mentioned in the insurance industry. I am not an insurance expert, but what that tells me is that it was a "pig in a poke", and not a good idea if you are starting out to buy insurance. Since the only people fully versed in it are insurance men - and they are in business to sell insurance - I don't know offhand how you'd research it thoroughly, but a little research could tell you.


The insurance company Nationwide offers life insurance. They offer different types of life insurance, which include things like whole life insurance and term life insurance.


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Its all insurance that is not life insurance such as health insurance, auto insurance, home insurance, and so on.


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characteristics of life insurance


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