answersLogoWhite

0

The Insurer is at liberty to reject the claim of an insured involved in act of felony, if proved under the Court of Law. Even if the payment has been made to the insured, if the Court orders for forfeiture of claim amount already paid, the insurer is bound to take measures to get back the money from the insured and set aside the money as per directives of the Honorable Court of Law.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What are the key differences between mortgage protection insurance and life insurance?

Mortgage protection insurance is designed to pay off your mortgage if you die, while life insurance provides a lump sum payment to your beneficiaries when you die. Mortgage protection insurance is specific to your mortgage, while life insurance can be used for any purpose.


How does Cassius die?

by committing suicide after the battle of Phillipi.


Do life insurance policy cancel if you die with AIDS?

Not if you purchased the coverage while you were healthy.


What is the difference between mortgage protection and life insurance?

Mortgage protection insurance is designed to pay off your mortgage if you die, while life insurance provides a lump sum payment to your beneficiaries when you die, which can be used for any purpose.


What reasons can a life insurance company use to deny a claim?

If it is beyond the 1st two years, nothing short of dying while commiting a felony. They will deny the claim if the insured did not die! They will deny the claim until satisfactory proof of death. IS the policy over two years old? 4lifeguild.com


What is felony murder in new york?

When you intend to hurt or kill someone, and they die, it is felony murder.


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.


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.


Where did Katherine howard die?

Katherine Howard die because Henry said she committing adulty in the court and got her beheaded at the age of 21


At what age should a person consider getting life insurance?

"While you can get life insurance at almost any age, a particularly appropriate time is before you are thirty or forty years of age. Life insurance can be helpful in defraying costs if you were to suddenly die, or another unforeseen event."


When did John Merrick - insurance - die?

John Merrick - insurance - died in 1919.


What are the requirements for survivorship life insurance?

Survivorship life insurance, also known as second-to-die insurance is a type of insurance, which pays out only when a husband and wife both die, so that the insurance money can be used to pay federal taxes. The requirement obviously is to be married.