It is not important to have a life insurance policy.
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.
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Yes, life insurance companies can drop you if you are diagnosed with cancer, depending on the terms of your policy and the specific circumstances. It is important to review your policy and consult with your insurance provider for more information.
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.
One way to find a lost or missing life insurance policy is with the help of The Center for Life Insurance Disputes. They can help you locate policies that have been lost or forgotten about.
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.
Actually, whole life insurance policy other than endowment,single premia or ulip policy can be called ordinary life insurance policy.
NO.. unless the policy does not have nomination. Only nominee will get the proceeds of life insurance policy.
The policy date on life insurance typically does not change once the policy is issued.
variable life insurance exceeding 10,000 dollars.