lost of reasons, bad health, old age, dangerous job, family history. i am sure there are more.
you go get a lawyer . :)
If you know the name of the insurance company, contact them. If you don't, there's no way of knowing. Generally, you would have had to sign the application so presumably you would already know if someone had taken out a life insurance policy on you.
Logically, he should not be denied his right of life insurance,even after his act of attempted suicide.But if there was police case,it's better to reveal the fact in the proposal form for consideration of the Insurance Company.
If an individual is ill of health or has health risks he may be rated or declined. If someone is at risk of a heart attack he would be heavily rated. If someone has Hepatitis, cancer or AIDS he would be declined, altho there are some companies available that will still issue policies if the applicant can afford them.
When applying for life insurance you need to always answer the applications correctly and honestly or a claim may be denied. If you purchase new life insurance you do not need to go back to your already in force insurance company and advise them.
Yes, he or she should. And further, you should receive an official letter of declination directly from the insurance carrier.
Unless someone faked your signatures and did not need a medical exam it is highly unlikely that you would not know if someone can take out a Life Insurance policy on you. There must be an insurable interest when a life insurance is taken out and the insured must know unless that person is a minor and the parents took it out.
A local insurance agency would be one place where standard life insurance could be purchased. The website "Insure" can also be used to purchase this kind of insurance.
how do i find out if tom rowntree had life insurance
You have to ask the insured. By Law, the Life Insurance company cannot tell you unless they have proof that the Insured is dead. They would be violating the privacy law. *Check with The Center for Life Insurance Disputes.
On a life insurance application, you must answer all of the medical questions on doctor visits and medications being taken. A blood test would confirm that you are on Prozac, and you would most likely be denied your policy due to false or misleading statements. My advice is to disclose all medical visits and medications that you are taking. You might not get the best rate, but I don't think that you would be denied either.
Under normal circumstances, no. A life insurance company will pay the proceeds to the named beneficiary.