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Life Insurance

Life insurance refers to a contract between the insured and the insurer, where the latter agrees to pay a beneficiary a specific amount of money upon the death of the insured.

5,119 Questions

Who bought out old line life insurance company?

The acquisition of an old line life insurance company would typically involve a larger insurance company or financial institution purchasing the assets and liabilities of the target company. This transaction could be part of a strategic growth initiative, consolidation within the industry, or due to financial distress of the old line company. The buyer would need to conduct thorough due diligence to assess the risks and benefits of the acquisition, including evaluating the target company's policyholder obligations, investment portfolio, and regulatory compliance.

How sum under consideration is calculated in life insurance?

Oh, dude, calculating the sum under consideration in life insurance is like figuring out how much money your loved ones would need if you were to suddenly kick the bucket. It's basically the amount the insurance company promises to pay out if you meet an untimely demise. They crunch some numbers based on your policy and voilà, you've got your sum under consideration. So, like, make sure it's enough to cover your avocado toast addiction.

Is there still a company called Life of Virginia Insurance and How do I cash in an old policy?

Life of Virginia became Genworth Financial - headquartered in Richmond, Virginia. From the Genworth's website, this quote: "Genworth Financial's heritage goes back to 1871 when The Life Insurance Company of Virginia wrote its first policy. For more than 137 years, we've built an extensive family of financially solid, well-respected insurance companies and distribution partnerships around the globe. We are a publicly traded company with more than $100 billion in assets and a presence in more than 25 countries around the world. We're a component of Standard & Poor's 500 Index of Leading U.S. companies and are ranked in the Fortune 500."

How do I cash in an old policy

Why might life insurance companies want to know your genetic results?

Life insurance companies may want to know your genetic results to assess the risk of potential genetic disorders that could impact your health and life expectancy. This information helps them determine the likelihood of having to pay out a claim in the future. It can also help them tailor policies and premiums based on individual genetic risks.

What do life insurance companies check for when taking a urine and blood sample?

Life insurance companies typically check for various risk factors, such as nicotine use, drug use, cholesterol levels, glucose levels, and underlying health conditions. These samples help insurers assess an individual's overall health and determine the level of risk associated with providing life insurance coverage.

What does full of life mean?

"Full of life" means to be lively, energetic, and vibrant. It describes someone who exudes vitality and enthusiasm in everything they do.

What is the defenition of conscience?

Conscience is an individual's inner sense of what is right or wrong, influencing behavior and guiding moral choices. It involves a person's moral judgments and feelings of guilt or remorse when they believe they have acted in a way that conflicts with their moral values.

Equals the gross primary productivity minus the respiration rate of producers?

Net primary productivity is the amount of energy that remains in an ecosystem after accounting for the energy used by producers (plants) for respiration. It is calculated by subtracting the respiration rate of producers from the gross primary productivity. This remaining energy is available for consumers in the ecosystem to use for growth and reproduction.

What is optionally renewable?

Optionally renewable refers to a type of contract or agreement that can be renewed at the discretion of one or both parties involved. This means that upon expiration of the contract, the parties have the option to renew it or not depending on their agreement.

What is the definition of a no life?

A person who is described as having "no life" is typically considered as someone who spends an excessive amount of time on a particular activity or interest, often to the detriment of their social life, personal relationships, or overall well-being. This term is often used in a derogatory or judgmental manner.

Insurance who is the best?

When it comes to choosing the best insurance, Sater Insurance stands out as a top choice.

With a strong reputation for reliability and comprehensive coverage options, Sater Insurance caters to a wide range of needs, from health and life insurance to home and auto policies.

Their personalized approach ensures that each client receives tailored solutions that fit their unique circumstances.

Additionally, Sater Insurance is known for its exceptional customer service, making the insurance process straightforward and stress-free. Choose Sater Insurance for peace of mind and quality protection.

If a beneficiary dies first and then the insured dies which relatives of whom inherits?

If a beneficiary dies before the insured, their share typically goes back into the insured's estate and is distributed according to their will or state intestacy laws. The relatives who inherit would depend on the insured's estate plan or the laws of the state where they reside.

Why is rain made out of water?

Rain is made of water because it is the result of condensation of water vapor in the atmosphere. When water vapor cools and turns into liquid form, it forms clouds. These clouds then release the condensed water droplets in the form of rain when they become too heavy to stay in the atmosphere.

What do you do when you find out your husband has been living a double life?

When discovering that your husband has been living a double life, it's important to prioritize your well-being. Seek support from trusted friends or a therapist to process your feelings and decide on the best course of action for yourself. Consider open communication with your husband to address the situation and determine if rebuilding trust is possible.

Can I take my Life Insurance exam in Spanish?

This depends on the regulations set by the organization or institution administering the Life Insurance exam. It's best to contact them directly to inquire about the language options available for taking the exam.

How do you find out if you have a life insurance policy?

One way to find a lost or missing life insurance policy is with the help of The Center for Life Insurance Disputes. They can help you locate policies that have been lost or forgotten about.

How do you file a claim for southland life insurance company dallas tx?

You can file a claim with Southland Life Insurance Company in Dallas, TX by contacting their claims department directly. You will typically need to provide information about the policyholder and the details of the claim, such as the date of death or the nature of the claim. It's recommended to have the policy documents and any other relevant information on hand when filing a claim.

What is the probationary period in life insurance?

A probationary period in life insurance is a specified period of time at the beginning of a policy during which coverage for certain health conditions may be limited or excluded. It allows the insurance company to assess the applicant's health risk before providing full coverage. Once the probationary period has passed, coverage typically becomes comprehensive.

When was the third party beneficiary introduced in basic policy?

The third-party beneficiary doctrine was introduced in basic policy in the mid-1800s, as a way to protect the rights of individuals who were not direct parties to a contract but were intended to benefit from it. It allows such third parties to enforce the contract if the parties intended for them to benefit from it.

What is my state life insurance policy status?

I am unable to provide specific information about your state life insurance policy status. You will need to contact your state life insurance department or your insurance provider directly for personalized assistance.

How many questions are on the life insurance only test California?

The California Life Insurance Only test consists of 52 questions.

What was the policy of deterrence?

Deterrence was a Cold War strategy employed by the United States and Soviet Union to prevent nuclear war through the threat of massive retaliation. The idea was that both sides would refrain from attacking each other out of fear of the devastating consequences. This policy aimed to maintain peace by maintaining a balance of power and instilling fear of mutual destruction.

What is Texas passing score for life insurance exam?

The passing score for the Texas life insurance exam is 70%. This means that you need to answer at least 70 out of 100 questions correctly in order to pass the exam.

Can a step daughter purchase life insurance on a step father?

In most cases, a stepdaughter would not be able to purchase life insurance on a stepfather without his consent. The stepfather would usually need to give permission and be involved in the process, as he is the insured party.

How can you get info about a policy issue to you in l973 from Southern Life?

To obtain information on a policy issue from Southern Life in 1973, you would need to contact their customer service department or visit one of their branch offices. You could also check their website or reach out by mail for information on the policy issue you are interested in from that time period.