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Can a mother take out a life insurance policy on her 40 year old son when he is always from job to job and wont maintain proper insurance?
If you have an insurable interest, you can take out life insurance on your son. Usually, family members, such as children and parents, have an insurable interest in each other. However, your son would have to know about the life insurance, because he may be required to take a physical exam, and answer some health questions to apply for the life insurance. But, you could be the policy owner, and pay the premiums.
What else can I help you with?
To see if your mother had an old insurance policy?
mom died need to know if she had a policy.
How can I put money into life insurance?
To put money into life insurance, you can purchase a life insurance policy from an insurance company and pay regular premiums to maintain the coverage.
You are a beneficiary of a life insurance policy which is in an irrevocable trust your step mother left instructions that you are not to receive any money from it can she do that?
Your step mother can only change the beneficiary on the life insurance policy if she is the owner of the policy or if she is the trustee of the trust. If she's the trustee then she would need to have the authority to make changes on the insurance policy set forth in the trust document. Otherwise, she cannot make changes in the policy. You haven't provided enough information for a more detailed answer such as who owns the policy and where your step mother "left" those instructions or how she is involved at all.
Ihave just found an old insurance policy belonging to my mother who died 37 years ago how do i know if its been cashed or not?
Normally a policy docment is surrendered to the insurance company to initiate payment. As all insurance companies are different, check with the insurance company whether they have paid out on it and whether they have a time limit on claims.
Can you get a print out of your life insurance policy?
Yes, your agent or the insurance company can provide with a copy of your insurance policy.
Who can you call about an Insurance policy?
your mother
Can you drive your mother's car if you are not on her insurance policy?
yes
How can you cash in an insurance policy that your mother had on you after she has died?
My name is Gwendolyn Watkins Jefferson. Did my mother, Pearl C. Watkins have a policy on me?
To see if your mother had an old insurance policy?
mom died need to know if she had a policy.
If mother-in-law is beneficiary on single grownup grandson life insurance policy does the mother of the son have any rights?
Answering "If mother in law is beneficiary on single grownup son life insurance policy does the mother have any rights?"
Where can you find your policy for homeowner insurance at?
You can always call your insurance agent and they can order you a new copy of the insurance policy. You might also be able to print the policy from the website.
Can mother and daughter be on same auto insurance policy?
Sure.
Can a daughter take out a life insurance policy on her mother?
Yes you can. Your mother would have to sign as the applicant, and you as the owner. Also the insurance company may want to know the reason for the policy and its purpose.
Can a beneficary sign the policy over to someone else insurance policy?
No, only the OWNER of the insurance policy can sign the policy over. Sometimes the owner is the insured, but not always.
Can my mother and I both have life insurance policies for me?
Yes, your mother can buy a life insurance policy on you because she has an insurable interest in you. And, you can buy a life insurance policy because everyone has an insurable interest in their own life. However, your mother may need your permission and your signature on the application for life insurance that she purchases with you as the insured person.
How can you find out if your deceased mother had a life insurance policy?
My best friends mother passed away last August. She had spoke of a life insurance policy that she had taken on herself years before she passed away,however no one in the family knows how to locate it. What steps do the family need to take to find this insurance policy?
How can I put money into life insurance?
To put money into life insurance, you can purchase a life insurance policy from an insurance company and pay regular premiums to maintain the coverage.
