Health Insurance Policies for the family can be purchased online or obtained through employers if the person is working. If the employment is terminated, an alternative source should be looked at if the requirement still exists.
In case of suicide, the insurance company will not provide any compensation for the family of the policy holder. Life insurance will only take care of the family of the policy holder when he does not take his own life.
Yes, it is possible.
First you need to insure yourself if you are the earning member of your family. If your spouse is also earning then both of you could take an insurance cover in a joint-life policy. It is a good option for working couple since it could serve as a low-cost policy covering both of them. Also If you have children you can cover them in your insurance policy. There are many plans available in market such as family health insurance to cover your love ones or a individual health insurance to cover yourself from unwanted situations.
My best friends mother passed away last August. She had spoke of a life insurance policy that she had taken on herself years before she passed away,however no one in the family knows how to locate it. What steps do the family need to take to find this insurance policy?
If you have an insurable interest, you can take out life insurance on your son. Usually, family members, such as children and parents, have an insurable interest in each other. However, your son would have to know about the life insurance, because he may be required to take a physical exam, and answer some health questions to apply for the life insurance. But, you could be the policy owner, and pay the premiums.
yes you can just go to a insurance place and take out insurance policy he will have to be there also,
What type of mediclaim insurance you are looking for? You can have either individual or family health insurance in india. If you are married and need medical cover for other family members too then go for family plans. Look for different facilities available with the policy like cashless facility, medical cover for medical tests, OPD etc. Insurance provider like Max Bupa offer maternity benefits upto first 2 deliveries and new born baby cover. So choose policy considering your future requirements and take better informed decision.Answer:There are many companies in India providing good health insurance. It totally depends upon your requirements so as to select which one will best suit your needs. You can consult some insurance advisory firms wherein their experts will give you an unbiased advice in selecting the best health insurance suited to your profile.
Yes, you can take out a life insurance policy on a parent. There must exist insurable interest between the owner and insured of a life insurance policy. There does exist insurable interest between spouses, parents and children, and siblings. So, yes, you can buy life insurance on your parent. Your parent may need to sign the application, answer some health questions, or take a medical exam to qualify for life insurance.
Actually Yes he can. If there is no court order to the contrary you can add and remove anyone you want from your own insurance policy.
no. there are laws for life insurance policy and is illegal to take it out to any individual
yes. but cheaper to find dif. ins. co. that will cover you both on same policy.
Generally the owner of the vehicle or property must be the insured on any policy but in the case of married couples and usually underage children most insurance companies allow all vehicles or property to be listed under a family policy thereby having all on one policy so you can take advantage of multicar discount and the like. You are also required to list all family members on the insurance policy as drivers in the case of auto insurance.