The Policy Holder of a life insurance policy is the executor of the said 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.
You can call a whole life insurance policy as a "Non-Endowment Life Insurance Policy".
form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_
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.
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 lacate a life insurance policy that was with southern life and health insurance company 30 years ago
NO.. unless the policy does not have nomination. Only nominee will get the proceeds of life insurance policy.
You call the life insurance company and get the present cash value out of the policy. The policy will then be divested.
variable life insurance exceeding 10,000 dollars.
Actually, whole life insurance policy other than endowment,single premia or ulip policy can be called ordinary life insurance policy.
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.