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Not all insurance contracts are the same, however, life insurance excludes death that results from war. It may or may not exclude suicide. It does not exclude accidental death or murder. Note that even if the death benefit is not paid, the premiums will still be returned.

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16y ago

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Why Life insurance contract is not a contract of indemnity?

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Who is the principal in a life insurance contract?

The Insured of the policy is obviously the Principal in a life insurance contract.


How far contract of insurance are contract of indemnity?

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Who can legally change the beneficiary on a life insurance policy?

The Insured can change the beneficiary on a life insurance contract.


What must the language in a life insurance contract be?

English


Is inherited life insurance taxible?

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Which holds precedence a will or the beneficiary on the life insurance and the IRA's?

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What are liquid resources in a life insurance contract?

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Does a Will supersede A Life insurance beneficiary clause?

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fixed