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What else can I help you with?
Can a tort exist if no injury?
In legal terms, a tort typically involves a wrongful act or omission that causes harm or injury to another person or their property. Therefore, a tort generally requires some form of injury or harm to exist.
Does the FDIC still exist today?
Yes, the FDIC (Federal Deposit Insurance Corporation) still exists today. It is an independent agency of the United States government that provides deposit insurance to depositors in US banks in case of bank failure.
Can you have a revocable yet perpetual license?
Yes, a revocable yet perpetual license can exist if the licensor reserves the right to revoke the license at any time but grants permission for the licensee to use the licensed property indefinitely. Despite being revocable, the licensee can continue to use the property for as long as the licensor does not choose to revoke it.
Are there dower rights in Georgia?
Dower rights are the rights a wife has to the property of her deceased husband. They do exist in the state of Georgia.
Do I have legal right to trim a tree over my fence line?
Depends if the fence line IS the property division line, in which case both homeowners have to agree about the trimming. If whatever needs trimming is solely on your property you are allowed to do whatever it is you need to do, providing any homeowner association (if they exist) has rules for this.
When must an Insurable interest exist for a property insurance policy?
Insurable interest must exist at inception of the policy cover and at the time of the loss.
When must an Insurable interest arise for a property insurance policy?
An insurable interest must exist to effect coverage and must continue to exist at the time of a claim to receive payment.
With a life insurance policy when must an insurable interest exist?
An insurable interest must exist at the inception (beginning) of the policy.
When must an insurable interest exist in a property policy?
Insurable interest is when a person receives a financial or other type of benefit from the continuous existence of the object that is insured. When dealing with property a person is entitled to insurable interest of the property up to the value of the property but not over the value of the property.
When must insurable interest exist in a property policy?
Insurable interest is when a person receives a financial or other type of benefit from the continuous existence of the object that is insured. When dealing with property a person is entitled to insurable interest of the property up to the value of the property but not over the value of the property.
Insurable interest with a life insurance policy must exist when?
At the inception of the contract.
Can you take out life insurance on your parent?
Yes you can purchase life insurance on your parent. In order to buy life insurance on another person there must exist an Insurable Interest in that person. There does exist an insurable interest between siblings, spouses, and parents and children.
When must insurable interest exist?
In life insurance it exist at the date on proposal form orat the inception
When must insurable interest exist in life insurance?
The interest must exist at the time the policy is taken out. Where the insurable interest is created under categories 2, 3 and 4 above, the amount that can be insured is limited to the amount of interest the policyholder has in the life insured
Can you take out life insurance on your fathers life?
Yes, you can take out a life insurance policy on your father's life. In order to take out life insurance on someone there needs to exist an "Insurable Interest". One way there exists an insurable interest is if one person relies on another person for financial support. Another would be to be a relative. For example, a husband and wife have insurable interest in each other. Also, siblings, and children and parents have insurable interest in one another.
Can you take out a Life insurance policy on a parent?
Yes, you can take out a life insurance policy on a parent. There must exist insurable interest between the owner and insured of a life insurance policy. There does exist insurable interest between spouses, parents and children, and siblings. So, yes, you can buy life insurance on your parent. Your parent may need to sign the application, answer some health questions, or take a medical exam to qualify for life insurance.
Who can you take a life insurance policy on?
It is necessary to have an "insurable interest" in the life of the proposed insured. Stated otherwise, you need to have a "stake" in his/her continued life. That stake can be financial (such as a business partner), or familial (spouses have insurable interests in each others lives), or some combination. All insurance companies require the existence of an insurable interest, and most states (which regulate insurance) require that it exist at the inception of the policy.
