Yes. Try the Gerber Grow Up Plan. They offer that for grandparents to take out on their grandchildren.
Yes it seems. Think of a situation where parents are either not surviving or deserted their children and it is the grandfather who is the only surviving responsible member to take care of grand child then it may be presumed that grand father is carrying an insurable interest in grand child as being the nearest in blood propenquity. Surjit.
Why not? Of course, especially if there is an "insurable interest." Just by virtue of the family relationship, this would be allowed as long as the amount was justifiable (financial underwriting).
nobody. unless you have a great policy in effect that you bought when you were much younger, there isnt a policy for you. I have been searching for my 91 year old grandfathers insurance plan at aarp, met life, hartford, new york life, etc... nobody will take over age 85. most wont take over age 74. think about it from their point of view. the reason they are in business is because they get monthly payments for many years. if you are 91, they will not be making money (most likely). they will probably lose money. I know of one company that goes to age 99 (AXA Equitable) and one that goes to age 89 and no exam required (Genworth Life - simplified whole life). mcdlife.com
It will help you to shop around- but make sure you have a copy of your gaernel policy so that you can compare coverages and request the same type coverages, because some insurers will put minimum coverages and take some protection away from you just to beat other quotes, without taking into consideration your financial protection! There are a few ways you can check but some do require that you are authorized to access their personal records. If the policy was being paid through withdrawal form a checking account or credit card account, then the payments should show on the statements. You can also request an MIB record that may indicate applications on record. You can also ask a relative. Be well. mcdlife.com
It means that you should not take your life for granted and do well and not waste your life. hope that helps.
Yes it seems. Think of a situation where parents are either not surviving or deserted their children and it is the grandfather who is the only surviving responsible member to take care of grand child then it may be presumed that grand father is carrying an insurable interest in grand child as being the nearest in blood propenquity. Surjit.
yes but must be with parent supervision
With the custodial parents permission, they do not have any inherent rights to do so.
No. In the strict legal sense a grandparent (or anyone) cannot take a minor child anywhere without permission from the custodial parent(s) or guardian.
No. The father must be informed and given the opportunity to object.
A grandparent can petition the court directly for an order establishing reasonable rights of visitation between the grandparent and grandchild to get full custody you would need to prove they are abusive and that the child is in eminent danger.
no. there are laws for life insurance policy and is illegal to take it out to any individual
Life insurance is a necessity if you have loved ones you'd like to ensure the protection and well-being of your family when you die. There are choices to make once you decide to take a life insurance policy such as; will I take term or whole life insurance?
If the life insurance was provided by your employer and your employment is terminated, you will lose the life insurance protection. You should look into individual life insurance, which you can take with you if your employment terminates.
I have a whole life insurance policy, how long does it take to cancel it, also can I get money back from it.
No. You have to have an insurable interest in the person's life in order to take out an insurance policy on their life.
yes you can just go to a insurance place and take out insurance policy he will have to be there also,