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What else can I help you with?
Can someone take out a life insurance policy on someone that they do not know?
Typically, the person being insured must consent to the life insurance policy. Without the person's consent or insurable interest, it is not permissible to take out a policy on them. Doing so could be considered fraudulent.
What is a good way to put the word fealty in a sentence?
A oath of fealty is a pledge of allegiance from one person to another
What is the statute of limitations for insurance violations in Maryland?
In Maryland, the statute of limitations for insurance violations is typically three years. This means that a person must file a lawsuit related to insurance violations within three years of the date the violation occurred.
Can a parent buy life insurance on a convicted felon?
Being a convicted felon could affect the "insurability" of a person. In other words, it could change the insurance company's evaluation of the "likelihood" that the person will die (other factors, of course, would also be considered, such as health, family history, etc.). Lifestyle can affect insurability.
Does a life insurance policy become void if the insured goes to jail?
Generally, no. However, the fact that you are in jail does not excuse making the premium payments on the policy. Therefore, the policy may lapse (terminate) for non-payment of premium if payments are not made. Jail may enter the picture in another way. If the person who goes to jail is the beneficiary on the policy, and the incarceration is because the beneficiary killed the insured, the beneficiary will not be able to collect the life insurance proceeds. A person such as he/she will not be permitted to benefit from the wrongful act of killing the insured.
Can you put another person on your health insurance if you are not married to them?
No, you have to have proof of marriage or adoption.
How do you authorization a person to drive my truck?
Put them on your insurance.
Do you have to live in the same household to have another person on your auto insurance?
No. I had a friend who shared the car insurance with me and he used to live in another county.
Can an insured person also be the beneficiary on an insurance policy?
Yes, there is no bar in the insured person being beneficiary on another insurance policy.
Can you insure another person for life insurance?
Yes, one person can obtain a life insurance policy on another as long as the policy owner has an insurable, financial interest in the life of the insured.
How long does it take to put another family member on your car insurance?
As long as it takes to reach your insurance agent by phone.
How can one sell their life insurance policy?
One can sell their life insurance policy and this is called Viatical Settlement. An insurance company sells insurance policy to a person. This person (viator) sells his policy to another person (viatical settlement provider). When the first person dies, the second person will benefit and cash in the money.
Whose auto insurance will cover you if driving another person's car in California?
Their insurance would be primary and your insurance would be secondary, generally speaking.
Can a benificary give up rights to the insurance and transfer it to another person?
yes
What happens if you get a ticket for no insurance but the car is insured by another person?
You probably get arrested.
Can your girlfriend be covered under someone else's policy if she has no car insurance on their car?
She would have to put that person's name on the registration. The other person (or girlfriend) would have to pay for the insurance.
Can your boyfriend put you on his auto insurance?
Yes, You can add any person you wish to your auto insurance policy that you want to be a covered driver in your vehicle.
