How can you your lic policy ststus?
There are various options :-
a) Visit your lic branch office/Customer Care Centre.b) Ask your agent for the needful.
c) Visit the website of lic and get status,provided you have necessary authority.
d) You can get status over phone also.
How many required provisions are in a life insurance contract?
Some required provisions in a life insurance contract are appended per seriatim :-1) It's superior to an ordinary savings plan.
2) Insurance encourages and forces thrift.
3) East settlement and protection against creditors.
4) Administering the legacy for beneficiaries.
5) Ready marketability and suitability for quick borrowing.
How do you research an insurance policy with southland life insurance co?
If you are the owner of the life insurance policy you can call Southland Life. They are located in Atlanta, Georgia and their phone number is 770-850-7750. If you are not the policy owner then it's not your business and they will not tell you anything about a policy that someone else owns.
Yes, but if the person for whom he is a beneficiary should die before the felon is off supervision, the state may take the inheritance to offset costs.
How do you trace a policy number for royal London mutual insurance society?
You can contact Royal London Mutual Insurance Society's customer service and provide them with your personal details to trace your policy number. Alternatively, check any policy documentation or correspondence from Royal London Mutual Insurance Society as it usually contains the policy number.
How often can you take an insurance exam in Florida?
In Florida, you can take the insurance exam as many times as needed, but you must wait at least 24 hours between exam attempts. However, there is a limit of three exam attempts per exam window (a two-year period from the date of the first failed exam).
When must the policy summary for a life insurance policy be delivered?
Usually 30 days after policy issue. Copies can be obtained at any time after issue from the insurance company or agent.
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.
Producers must maintain records related to policy replacements in life insurance policies for a minimum of 5 years from the completion of the replacement transaction.
What is the protectionalist policy?
Protectionist policy refers to government actions taken to restrict imports and boost domestic industries. This can include tariffs, quotas, and subsidies to protect local businesses from foreign competition. Critics argue that protectionism can lead to trade wars and higher prices for consumers.
Can you get a SC insurance license if you have a felony drug charges?
I recently pled no contest to an attempted burglary charge which is a felony. Since this conviction, I have experienced a large dilemma with employment opportunities. The dilemma isn't whether or not I am legally entitled to certain career oriented jobs such as, real estate agent, insurance agent, financial agent, government employment, and so on.... Many if not most high income careers are simply not an option for a felon. Any agency that is federally or state ran proclides convicted felons from career opportunities. Furthermore, larger companies who hire individuals with expertise in a field or specialized training almost always require an extensive criminal and financial background check prior to consideration for hire. So, basically my Kansas University Business Management Degree is essentially irrelevant. Large companies exercise policies in hiring procedures so as to screen any potential candidate with an undesirable past. Back to the issue or "dilemma" I find myself in as a highly qualified and highly educated 26 year old man. Should I gamble by falsifying applications and or screening processes by simply denying any notable criminal history, ie, a felony conviction. I am farely confident that most high salary jobs/governmentally monitored company would immediately uncover the truth resulting in abrupt dismissal from hiring consideration. However, smaller businesses that do not exercise standard background checks may offer an opportunity to deny felony convictions on applications and or in the interview process. Unfortunately, smaller businesses tend to compensate their employees at a substantially lower rate than that of large companies do to the gross profits differing greatly. A desperate person may feel it is worth the gamble to misrepresent their criminal history by denying a felony conviction when in fact the applicant has been convicted of a felony. If the employer fails to run a background check and subsequently hires the dishonest applicant, a very volatile situation is created between the employer and newly hired employee. At any point throughtout the term of their employment, the deceitful employee may come under review for a particular reason, perhaps related to job performance. At this point an in depth review of the employees work record and on the job behavior will begin. Chances are the original dishonesty regarding criminal history will be revealed resulting in immediate termination and in some cases could result in a law suit if certain actions by the illegitamate employee created financial liability for the employer. With all that being said, and all these scenarios being carefully considered, is it wise to try and cover up a felony conviction from disclosure by a prospective employer? This again goes back to my dilemma. I am 26 with a great degree that should award me employment opportunities that could yield great salaries. I believe that my personal decision on whether to disclose my felony conviction will be case dependant. Depending on the position I am applying for, the size and hiring policies of the potential employer, and lastly whether the rewards outweigh the risks of being caught. I will conclude with this thought. If one does choose to "hide" certain criminal history information from a prospective employer, it is certainly a gamble that comes with the everyday potential of being fired without notice. However if a particular employee exhibits a great deal of value to the business and profits, certain boss's may find it detrimental to the health and future of the business to terminate an important employee from a particular position within the company. My dilemma is solved. I will lie on applications to unlikely background checking businesses with the hopes to be hired without unavailing the big felonious issue I failed to mention. Next I will quickly prove myself as an invaluable and irreplaceable asset to the business by which no boss could justify termination. The key to my plan is to actually be worth a crap to display exceptional job performance. If I can do this I would like to think I am home free and seemingly "pardoned" of my big fat lie. That is assuming the employer isn't mandated by policy or insurance risk to fire any undisclosed felon that was granted employment. So I conclude with a recap. To all of you convicted felons out there seeking respectful employment, we are totally up shi* creek without a paddle. No chance for "professional" careers or government licensed agency jobs. No white collar big business hopes as they have the cash to sustain the relatively miniscule expense of professionally screening backgrounds of all applicants. Yep, looks like we are limited to getting lucky with a decent job at a mid sized firm that simply doesn't conduct background checks. Or for those with all balls no brains, or better yet risktakers, simply bullshi* the application or interviewee by acting like the idea of being a convicted felon is just ridiculous. Leaving yourself to perform hour duties on the job with no mistakes. Lastly my solved dilemma method is to go ahead and leave out any criminal history from your past and hope to get hired without screening. Then quickly bust butt to perform and reveal your irreplaceable value to your employer forcing your boss to forgive you if he ever finds out. Two more closing thoughts to consider that I failed to suggest or discuss throughout this lengthy hypothetical employment predicament. Maybe simply owning your own successful business is the surest way to avoid any and all worry about someone sniffing through your dark days and judging you entirely based on a mistake that has and will always haunt you. I will close with a question by which I haven't a clue to the answer. Is is a crime to lie to a prospective employer and claim to not have a felony conviction on your criminal record? If it is, is it a federal offense, or does each state have their own laws on the issue. Thanks - James Conley
Term for the policy of indirect rule?
The use of one country's existing political structures by the colonizing country for governance
What is a policy assignment in a life insurance policy?
A policy assignment provision in a life insurance contract is one that permits the owner of the policy to sell, give or to pledge the policy as collateral. It is a common, but not universal, provision in modern policies.
Who was the primary beneficiary of the timber and stone act OF 1878?
The primary beneficiaries of the Timber and Stone Act of 1878 were individuals and companies seeking to acquire public land for timber and stone resources. This act allowed for the purchase of land at a reduced rate for the purpose of developing timber and stone resources.
Typically, once a life insurance policy has been in force for two years, it enters a period known as the contestability period. During this time, the insurance company can question the validity of the policy or any claims made. After this period, the policy is considered incontestable, meaning the insurance company cannot dispute its validity based on misrepresentation or other factors.
What happened to Old Southern equitable Life Insurance Company in Little Rock Arkansas?
Old Southern Equitable Life Insurance Company in Little Rock, Arkansas was declared insolvent in 1991 by the Arkansas Insurance Commissioner. The company was liquidated, and policyholders received a portion of the benefits owed to them through state guaranty associations.
An assignee is a person or entity who receives the transfer of rights, ownership, or interest in property, contract, or other asset from another party. In legal terms, an assignee is the recipient of an assignment.
How do you legally take out life insurance on your ex spouse?
You can apply for it and pay for it but you must get the ex's signature on the application. Usually this is written into the divorce agreement if kids are involved. If there is child support payments or alimony I would check with your lawyer if your ex will not sign. 4LifeGuild
Can you claim accidental death benefits with an unknown cause of death?
It may be challenging to claim accidental death benefits with an unknown cause of death since the circumstances cannot be clearly defined as accidental. Insurance companies typically require a clear cause of death to process a claim. You may need to provide additional evidence or documentation to support your claim.
Can you get a license to sell life insurance in Texas if you have a misdemeanor theft?
Having a misdemeanor theft charge may impact your ability to get a license to sell life insurance in Texas. It ultimately depends on the severity of the charge, how long ago it occurred, and whether you have any other criminal history. It's best to disclose this information to the licensing authority and seek their guidance on your eligibility.
Can you collect life insurance if you are killed committing a crime?
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.
How do you find out who the beneficiary is on a life insurance policy?
You can typically find out who the beneficiary is on a life insurance policy by checking the policy documents or contacting the insurance company directly. The beneficiary information is usually listed on the policy itself, in the beneficiary designation form, or in the insurer's records.
In a scenario where undue influence is suspected in naming a beneficiary on a life insurance policy, investigations may involve looking at the timing and circumstances under which the beneficiary was named. Legal avenues like requesting court intervention or seeking legal advice to gather evidence and contest the beneficiary designation based on undue influence may also be pursued. It is important to consult with a lawyer specializing in estate planning or probate law for guidance on how to proceed.
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.
What is contigency underwriting?
I'm not an underwriter, or agent (an adjuster), but think this means they are/will bind the policy 'contigent' on getting the rest of the underwriting history completed, and 'contigent' on that, and everything on the application being correct, or within their underwriting rules.