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Why do you want life insurance policy?

Updated: 9/17/2023
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Dashamit

Lvl 1
14y ago

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Life insurance will help pay for your funeral and final bills when you pass on. It also helps your family financially cope with your death. The less your loved ones have to worry about paying, the easier your death will be on them.

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14y ago
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Do you have a insurance policy with met life?

my parents had an insurance for me when i was a child. how do i find out if their is a policy out there . i don't want to contact Met life, i want to see if i could find out on-line


Where can I download the form to surrender life insurance policy?

I want to to download a form to surrender my life insurance policy. Where do I find this form. It is through Reassure America Life.


It is not important to have a life insurance policy.?

It is not important to have a life insurance policy.


What is the executor on a life insurance policy?

The Policy Holder of a life insurance policy is the executor of the said policy.


What kind of policy is Endowment Insurance Policy?

Endowment Insurance policy is life insurance. Life insurance is very important to have, especially if you have a family or kids. If anything should happen to you, you would want to know that your family could live comfortably without your income.


What is portable life insurance?

A life insurance policy is "portable" when upon leaving the group policy, you transfer your life coverage to an individual life policy with the same insurance carrier with no changes to the policy or increase in premium.


What policies are offered by General American Life Insurance?

There are many policies offered by General American Life Insurance. These include the Variable Life Insurance policy, the Condo Insurance policy and the Boat Insurance policy.


How do you find out if you have a life insurance policy?

One way to find a lost or missing life insurance policy is with the help of The Center for Life Insurance Disputes. They can help you locate policies that have been lost or forgotten about.


How can I surrender a life insurance policy that my deceased mother has been paying for on me?

You can contact the life insurance policy and request the necessary forms that you will need to fill out and send back to the insurance company in order to surrender the policy. You may want to ask how much the cash value is that you will receive from the policy upon surrendering the coverage.


Is permanent life insurance the same as whole life insurance?

Technically, there is no insurance policy called as permanent life insurance. However, you can treat whole life insurance policy as permanent since the policy covered the whole life span of the policy holder and benefit is payable to nominee in the event of any eventuality of the policy holder.


Why do you have to let the insurance company know if you already have have a insurance policy with a different company?

The reason why life insurance companies ask about other life insurance coverage is to determine if you have a need for additional life insurance. The insurance companies do not want you to be overinsured.