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What else can I help you with?
Can you out live a life insurance policy?
Yes, you can out live your Insurance Policy. When the amount of the premium paid equals the face amount of the policy (the death benefit), the policy matures and you get all your money back.
Is cheap life insurance safe?
If it is term life insurance then not really. If you out live the policy you lose everything you paid into it.
What kind of policy is Endowment Insurance 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.
What exactly is a life insurance company?
A live insurance company is a company that holds a "life insurance" policy on a person. The policy is taken out by a person and fees are paid. And, if for some reason the person's life ends, the policy is paid out to the beneficiaries as long as the death was not done on purpose.
How can you find out who has life insurance on you?
The only time someone can own life insurance on you without you knowing it is when you are considered a juvenile. This, of course, depends on the law in the particular state you live in. Life insurance companies require you to sign the application form as long as you are considered an adult. Another person, usually a relative or business partner, can own the policy and can be the beneficiary of the policy but you need to answer the medical questions and sign the form. You can therefore conclude that no person can legally own a policy on your life without your signature.
Do I need to purchase non-owner car insurance if I have a valid drivers license and live with a domestic partner who has placed my name on her car insurance?
Not unless you are driving other vehicles. If the only vehicle you drive is your domestic partner's, and your domestic partner has placed you on their policy, then you are fine.
What happens when you out live life insurance policy?
Well, if it is a Term Assurance Policy, there is no maturity benefit. However, in Endowment Policy, you are of course entitled to maturity benefit.
Can you get life insurance on your partner if you not married yet?
Yes, you can get life insurance for your significant other if there is an insurable interest. The most common situation is if the partners live together, regardless of who owns the home.
Do you lose your death benefit on an endowment life insurance policy if you live until the endowment and cash it in?
If you cash in the policy then yes it will not pay the death benefit because you have cancelled the policy.
Old line legal reserve life insurance company Texas predential Galveston?
Mu uncle found an old live insurance policy and was wondering if it was worth anything/ Policy number is 272892
How can one estimate how much they would pay for a life insurance policy?
One can estimate how much you would have to pay for a life insurance policy by attempting to calculate how much your family will require to live. You would also need to take in several other factors such as debt.
Is there any life insurance policy for a 62 yr old?
Yes, there are life insurance companies that offer life insurance protection for people age 62 or older. Some of these policies are simplified life insurance offering you instant coverage with no medical exam required. Others are guaranteed acceptance life insurance for all people of a certain age. This type of coverage may offered modified payouts, though. The policy may only pay out the death benefit if you live at least 1-2 years after the policy is issued. Make sure to review all policy conditions, terms, exclusions and ask any questions you have before buying the policy to make sure the coverage is what you want and meets your needs.
