Contact the company and check. If you have the policy, check to see if it was whole life or term. A term policy would definitely have no cash value; but another type of policy might.
Atliantic Life Insurance i think this is a typo ..Atlantic Life Insurance seems to be the right answer..
annuity
There are basically 3 types of life insurance policies in India :- 1) Endowment. 2) Term Assurance. 3) Unit Linked. In Endowment or conventional policies, you are to pay premium for a specific period and get lumpsum on maturity.The deaith benefits are also included here. In Term Assurance Policies, payments are made to the nominee only in case of any eventuality of the policy holder, with no maturity benefit therein. In Unit Linked policies, moneys are utilized in stock markets and the payments are linked with market volatilities.The Private Insurance Cos. basically do business on these policies.
Level term assurance is a life insurance policy in which premiums and the eventual payout are chosen initially and cannot change. The benefit of such a policy is its reliability; one knows how much they must pay and how much their recipient will receive. No surprises.
You can get loan by mortgaging your life insurance policy as security or lien from bank or financial institution. The policy has to be assigned in their favor. Once you repay the loan with interest, the policy will reassigned in your favor.
Atliantic Life Insurance i think this is a typo ..Atlantic Life Insurance seems to be the right answer..
Quality Assurance Policy
The Pearl Assurance company has merged with Phoenix Life. If you have a policy with Pearl Assurance it is looked after by the customer service team in Peterborough.
Is a policy for Equitable Life Assurance Society of the United States still valid: Insured: Phillip Swanson Policy # SU 77 389 758
The Wesleyan Assurance Society is a mutual, so it's own by it's policy holders.
You need to be more specific about what it is about fire insurance you need.
It would seem to have ceased trading. However, if you have a financial produce (a policy) with it, it is possible that this has been taken over by the government (such policies are normally government regulated) or another company. You should seek the assistance of an accountant or solicitor to find out what has happened.
annuity
Well, if it is a Term Assurance Policy, there is no maturity benefit. However, in Endowment Policy, you are of course entitled to maturity benefit.
There are basically 3 types of life insurance policies in India :- 1) Endowment. 2) Term Assurance. 3) Unit Linked. In Endowment or conventional policies, you are to pay premium for a specific period and get lumpsum on maturity.The deaith benefits are also included here. In Term Assurance Policies, payments are made to the nominee only in case of any eventuality of the policy holder, with no maturity benefit therein. In Unit Linked policies, moneys are utilized in stock markets and the payments are linked with market volatilities.The Private Insurance Cos. basically do business on these policies.
a policy can be paid out upon death of the life insured, maturity (if the policy has a term and is with profit) or via cash surrender (for a lower value) as long as the policy is with profit and is not a assurance term policy
The rules of life assurance policy insurance vary from provider to provider. The exact rules will be specific to the plan and coverage that you purchase. In general, these policies are payable upon death or diagnosis of a terminal illness.