0
A life insurance policy is an excellent way to fund a trust. Any way of placing necessary funds into the trust are acceptable. If you have cash and wish to fund it with cash this is fine. Life insurance is a good way to fund a trust because you can pay premiums and be assured that the money will be there when you die to fund a trust that you want to set up for someone.
What else can I help you with?
Accidental life insurance covers death by homicide?
Your life insurance policy should contain a provision that stipulates if the policy covers death by homicide. It really varies from policy to policy, depends on the insurance company, etc.
How do you find a life insurance policy after the death of policy holder?
no
Does a standard homeowners insurance policy cover the death of the insurer?
No, Homeowners Insurance does not provide the coverage of a life insurance policy.
What does COD mean in a life insurance policy?
In the context of a life insurance policy, it stands for Certificate of Death. It is significant because the occurrence that traiggers the insurer's duty to pay is the death of the insured. The Certiificate of Death is the official documentation of death which will satisfy that requirement of the policy.
How do you claim your father life insurance after his death?
I need to report my father's death and collect on his life insurance policy.
How to find out if a life insurance policy was taken out and then cashed in upon their death?
How do I find out if my deseased father has a life insurance policy
Can money be pulled out of a life insurance policy prior to death?
You must direct your question to the insurance company that holds the policy.
How much intrest does a life insurance policy build after death?
In n0rmal cases, the Nominee of a life insurance policy is entitled to 100% death benefit in the event of the Insured's eventuality.
What insurance policy will pay off your car in the event of your death?
A life insurance policy with a clause for loan or car debt repayment will pay off your car in the event of your death.
Is there any way to get accidental death insurance to pay in the event of suicide?
No. No insurance policy covers death in case of suicide.
Does homeowners insurance cover a death of a stranger in your house?
No, Hopefully the stranger had a life insurance policy. Homeowners insurance does not provide life insurance or accidental death benefits.
What does deces mean in English?
'Assurance Deces' is a French term which translates into English as 'Death Insurance'. Death insurance is a common form of insurance taken out to protect against life events such as accidental death. This policy covers areas such as accidental death. Should the claim against the policy be accepted, the policy would be paid to the benefactor. Depending on the issuer or the policy, depends on the level of premium.
