In many cases yes. It would depend if it were past the 2 year contestibility period and suicide clause and whether or not the overdose (doing drugs) were a felony. I would suggest you call and ask the claims department.
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.
Yes, a stepdaughter can purchase life insurance on her stepfather, as long as he is willing to sign the application as the insured, and is willing to undergo a physical exam, which the insurance company will pay for.
That is a vague scenerio but that would basicaly depend on how good your lawyer is. Life insurance is usually paid except upon suicide. Read the policy. There is probably a clause about "dangerous hobbies or activities". If the crime parking in a fire zone, it will pay, but armed robbery would certainly be considered a dangerous activity. And suicide IS usually covered after a certain time period, typically 1 to 3 years.
Sure you can. Depending on the type of misdemeanor you may have to pay a slightly higher rate but it will probably have little effect on either of the insurance rates or ability to obtain the policy.
Whether you have to pay a deductible for vandalism on your insurance policy depends on the terms of your specific policy. Some policies have a separate deductible for vandalism, while others may waive the deductible for this type of claim. Check your policy documents or contact your insurance provider to determine if a deductible applies in your situation.
It depends on the policy and the specific circumstances surrounding the accidental drug overdose. Some life insurance policies may have exclusions for deaths resulting from drug overdoses, especially if the overdose was intentional or related to substance abuse. It is important to review the terms and conditions of the policy to determine if accidental drug overdose is covered.
Usually the only difference between accidental death life insurance and regular life insurance is the name, although sometimes an accidental death life insurance will pay out more money if the death is accidental.
If you have accidental insurance then it will pay, if not it won't.
Accidental Life or commonly known as AD (Accidental Death) Policies will not pay if the cause of death is illness.
Accidental life insurance only pays if you die by direct bodily injury and that no other prior or existing conditions contribute to your death. So accidental life insurance will not pay if you have cancer. Consumers should avoid getting this product at all cost and get traditional life insurance such as term life insurance that will pay no matter how you die.
No, it will not pay. An aneurysm is not an accident.
If I understand it correctly, Accidental Death and Dismembermant Insurance will pay ONLY if you lose a limb or are killed in an accident. Life Insurance pays when you die, regardless of how you die.
yes
Accidental insurance does not pay if you die of lung cancer.
If your life insurance death benefit is for $100,000 and you have a 100,000 accidental death benefit rider and you die in an accident then your policy would pay $200,000.
"Different banks offer different forms of accidental death insurance. The coverage may not be the same as traditional life insurance and it could be less expensive. The coverage also has certain stipulation, such as they will only pay if the death was cause by a proven accident and so on."
accidental death and dismemberment