Call your insurance company to clarify what limited access means. Four days of borrowing a car may be stepping past the limits of limited access.
Well in 2 different states that I have lived and worked in the insurance follows the vehicle not the person. If someone is letting you borrow there vehicle then they are accepting responsibility for your actions, therefore the accident would be covered on there policy. Of course I would check with state laws to make sure.
Borrow - No. You cannot borrow directly from your insurance policy. But, you can borrow with your insurance policy as "collateral". Only certain types of insurance policies where there will be a guaranteed payout at maturity will be eligible for loans. Simple pure term policies that pay nothing if you outlive the policy period will not be eligible for these type of loans.
Yes you can borrow it, but if he doesn't have insurance then you could be breaking the law.
No. Term life insurance has no "surrender value", so is no good as collateral. The insurance that you might be able to borrow against is "whole life".
Does the car insurance covers a relative-visitor who wants to borrow a car for a few days?
No. To the best of my knowledge, veteran's life insurance has no cash value.
No. Car insurance is placed on a car, If you don't own one, you cannot get a policy. The person who owns the car you might borrow should have the extra insurance coverage for other drivers using his/her car.
No. Group life does not belong to you.
No to avoid estate tax penalty
depends on your insurance plan, call your adjuster.
yes, as long as the policy is still in force you can borrow agains it
ypu need a license, if the person who owns the bike has insurance make sure there is coverage for occasional driver before you borrow it, otherwise it could cost you a fortune if your are in an accident