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People need life insurance policies as safeguards to protect their families against any eventuality vis a vis for future provision like daughter's marriage, son's higher education, housing and above all as a reliable tool during retired life.
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∙ 8y ago
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How many people do you need for Group Life Insurance policy?
Generally 25 or more people are needed for Group life insurance...............................but it may also vary in different group policies of different company, it may be 10 also.
Corporate headquarters for prudential health insurance address?
Need the address for claim forms for Prudential Life Insurance policies
Where can one find life insurance that does not need a medical?
Life insurance that does not require a medical examination can be purchased through many reputable insurance companies. These policies are known as Simplified Issue Policies, and do require the applicant to answer some medical history questions.
What does a life settlement broker do?
A Life Settlement broker buys life insurance policies from people who carry them but need immediate money. Their goal is to pay you less than the value of what they think your insurance policy will be when you pass away so they can make a profit.
Shopping For No Exam Life Insurance?
Life insurance companies offer no exam life insurance policies and comparison quotes over the Internet all the time. Life insurance brokerage companies work with life insurance providers to make no exam life insurance policies highly available and because these brokerage companies work for multiple life insurance providers, they can often make comparing policies very simple to do. What is no exam life insurance? The term no exam refers to no medical examination. Life insurance providers are betters, and the like to bet on winners based on a set of statistical scores that indicate whether a person is more or less likely to die based on their medical history. For that reason, many life insurance policies require a medical exam, but for people with a problematic medical history or those who have pre-existing medical conditions, it's not possible for them to qualify for a life insurance policy that requires a medical exam. Therefore, many life insurance providers have designed no exam life insurance policies to cover people who either don't want to or can't take a medical exam and be qualified for a life insurance policy. To shop for no exam life insurance, a person can either work with an agent or do their own research using the Internet. A simple search engine search for 'no exam life insurance' will yield a vast number of results, but you may find it's best to work with the recognized life insurance broker companies as they have access to a wider number of life insurance policies and can make comparing no exam life insurance policies much easier to do. After you find a list of no exam life insurance policies you may qualify for, you'll want to determine how much life insurance coverage you need and what type of coverage you need: term or whole. A term policy covers the insured for a period of time – the term of the policy. A whole policy covers the insured over their entire life as long as premiums are paid. Term policies by default require less in premiums than whole policies.
You have two life insurance is this possible?
An individual can have multiple life insurance policies. The company will look at what policies are currently in place and make sure that you need what you are applying for, however. If they believe that you will be over-insured, they may decline your application.
Does a child need life insurance?
There are quite a few benefits of having life insurance on a child. Beyond the obvious (life insurance benefit) there are other reasons why parents get life insurance policies for their children: cash accumulation for college funds for example.
Do non-profit Ceo's need key man life insurance?
Need is a strong word - there's no law requiring people to have life policies. However, if you are a CEO of a non-profit and there would be undue stress on the organization if you were to die, then yes, the organization should probably take out some insurance on you.
Do you need a life insurance policy if Im healthy?
Is is always a good idea to invest in a life insurance policy whether a person in healthy or not. Life insurance policies don't just cover age and disease but also loss of life caused by accidents.
Do you need a will for life insurance?
You do not need a will for life insurance. I don't have a will, but I have life insurance. ;)
What are deductables on RV insurance policies?
RV insurance policies have the same kind of deductibles as other insurance policies. You need to contact your insurance company and ask them what the deductible would be depending on the RV you have chosen.
Can my mother and I both have life insurance policies for me?
Yes, your mother can buy a life insurance policy on you because she has an insurable interest in you. And, you can buy a life insurance policy because everyone has an insurable interest in their own life. However, your mother may need your permission and your signature on the application for life insurance that she purchases with you as the insured person.
