0
What else can I help you with?
Can i buy a life insurance policy on anyone?
No. You have to have an insurable interest in the person's life in order to take out an insurance policy on their life.
Can anyone be the beneficiary of a life insurance policy?
Yes. Anyone can get a policy on another family member.
Does an owner of a life insurance policy have to be the payer?
No, the owner of a life insurance policy does not have to be the payer. Pretty much anyone can be the payer.
Can I buy a life insurance policy on my live in partner?
As long as the person qualifies medically and your partner consents to having the policy written there should be no problem in obtaining a policy.
Can a life insurance company give anyone your policy number or change information if you are the owner of the policy?
no
Can a wife take out a life insurance policy on her husband?
yes you can just go to a insurance place and take out insurance policy he will have to be there also,
It is not important to have a life insurance policy.?
It is not important to have a life insurance policy.
What is the executor on a life insurance policy?
The Policy Holder of a life insurance policy is the executor of the said policy.
What is the procedure for adding someone as beneficiary to a life insurance policy?
If its your policy, Just call your agent======== If not, Then NO!
How do you know if someone had a life insurance policy?
If you are not the administrator, executor, or an heir to the will your will not know and frankly it is not anyone elses business about the life insurance or financial matters of the estate.
How do you go about cashing in on a life insurance policies?
You just contact the insurance company that issued the policy.
What happens if the beneficiary of a life insurance policy is not the spouse- does the spouse need to sign a spousal consent?
Are you referring to a group policy offered through work or an individually owned life insurance policy? For individual life insurance policies, the owner of the policy has complete control and can name anyone they like as the beneficiary, and the owner does not need spousal permission to do this.
