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It depends upon the policy itself. Some have restrictions dealing with occupation and government owned vehicles and aircraft.
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∙ 14y ago
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Do Life Insurance cover you in the Philippines?
Life insurance is indiscriminate on where you die. There are often specific exclusions on how you die however.
What is the difference between life insurance and term life insurance?
Life insurance is a more general concept that may refer to either whole life insurance or term life insurance. Whole life insurance gathers value the longer you have it, whereas Term life insurance does not obtain any value that you may use before you die. Term life insurance only pays out when you die.
How do you find out if someone had life insurance after they die?
how do i find out if tom rowntree had life insurance
What are the ratings for the life insurance company called Second to Die?
This actually isn't the name of a company. Second-to-die insurance is a type of life insurance. You insure two people, then the insurance pays out after both die to a third beneficiary, a child, for example.
What are the main differences of term life insurance vs whole life insurance?
A life insurance is only good for life coverage, when you die an amount of money is given. Whole life insurance includes investments you have. Such as stock market.
How does one get a free life insurance?
You can get free life insurance from the company MassMutual insurance. It is a term life policy so you will have to die before your kids can collect the money.
Can you have a life insurance policy if you were a drug addict?
you can get life insurance , but if you die of a drug overdose, then they will discontinue your contract.and you will get nothing .
Where can one find information on last to die life insurance?
You can find information on last to die life insurance from various sources such as insurance companies, financial advisors, or insurance comparison websites. Visiting the websites of reputable insurance providers or talking to a knowledgeable insurance agent can provide you with detailed information on the features, benefits, and costs of last to die life insurance policies. Additionally, financial advisors can offer guidance and help you understand if this type of insurance is suitable for your specific needs.
What is the Difference of life and property insurance?
Property insurance - If your property is damaged the insurance will pay for this to be repaired. Life insurance - If you die then your estate (or the named beneficiary) gets a payout to the value of the insurance.
What is the difference between accidental death and dismemberment insurance and life insurance?
If I understand it correctly, Accidental Death and Dismembermant Insurance will pay ONLY if you lose a limb or are killed in an accident. Life Insurance pays when you die, regardless of how you die.
Do you need do die to get payment for life insurance?
Yes.
Is life insurance automatically paid?
NO. NOT unless you die
