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Q: What pays periodic payments for an insurance policy?
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Who pays the premiums after life insurance is assigned?

If ownership of the policy is assigned, the assignee is liable for future premium payments.


How long is an life insurance term valid for if payments are not made?

If you die a life insurance policy pays an amount of money to a person you name. You have to pay premiums otherwise your life insurance will automatically lapse after 30 days.


Who pays title insurance in Wisconsin?

Does the seller pay fortitle insurance policy


Your sister got into an accident with your car and you don't have insurance she is listed under the parents insurance who pays?

Parent's policy pays


How does endowment insurance work?

It is a life insurance policy that pays a giant sum of money when a person dies. This payment is traditional with benefits and many receive this. Many invest in these payments before they pass or when an event happens.


Who pays insurance on a rental home?

The owner will usually have a policy but if you are a renter, you should have a renters insurance policy to cover your personal belongings.


Does the insurance you have cover the catastrophic insurance coverage I pay for?

No. A person pays for their own policy which covers them.


What is funeral insurance?

A funeral insurance is a policy that in the event of your death, the insurance company pays all expenses for your funeral.


Which of these terms refers to an insurance policy that pays out double?

Double indemnity


What is the meaning of insurer in life insurance?

The one who pays the money for policy or who pays the premium of the policy is called proposer


What is term life insurance quotes?

Term life insurance quotes are estimates of monthly payments for life insurance, which pays for funeral expenses after death.


Who pays when driver is not the car owner but has car insurance?

Usually the insurance policy of the owner of the car is primary and then if the driver of the car has a policy of their own then it is secondary.