Your husband cannot legally obtain life insurance on you without your knowledge. And most companies require at least a cursory physical before agreeing to insure someone.
If the husband is the nominee of the wife's life policy,and in case of later's eventuality, he can claim the insurance proceeds and the Insurance Co. is legally bound to pay to the nominated husband.
yes you can just go to a insurance place and take out insurance policy he will have to be there also,
If you mean to ask if you can get a life insurance policy on your new husband WHILE HE IS in the state of New York and you're not there, the answer is no. He has to sign the application. If you mean to ask if you can get a life insurance policy on your new husband AND BOTH OF YOU ARE IN NEW YORK, yes because he can sign the application. If you mean to ask if you can get a life insurance policy on your new husband WITHOUT HIS KNOWLEDGE, the answer is no because he has to sign the application.
YES we can as both have got insurable interest on each others life.
can the grand mom and her son take a life insurance policy out on me and his children without my {legal wife} permission
Yes, all life insurance companies allow the policy owner to name more than one beneficiary at any time.
It is insurance fraud if anyone but your husband signed the application.
If he is showing as the beneficiary on your policy - yes. You can call the insurance company or your agent to change the beneficiary.
A husband can buy a life insurance for his wife. Husband becomes the proposer and he is also the beneficiary in case of any unfortunate death of wife. Similarly a working wife can also propose a policy for her husband. Father or mother can take out a life insurance policy for their children. Children cannot take out life insurance policy on their parents name as there is no insurable interest for them to do so. Almost anyone with relationship interest can be the owner of someone else's life insurance policy. The further removed the proposed owner is form the insured, the harder it will be to explain ownership. Note that corporations can also be the owner of policies.
my husband had life insurance policies in force when he passed away in 2012,but I cannot find any since I don,t have the policy number thanks, sherry ann young
You cannot. In case of any claim after your divorce and the policy bond is in your possession, the claim will be summarily rejected by the insurance company. It's advisable to surrender the policy on your ex husband to the insurance company against official receipt.
Life insurance death benefits are passed to beneficiaries income tax free.