 Is it possible to work to the government without any type of insurance? |
| Ok , here's the thing, there is this business that works for the government, (Coast guard, border patrol, navy...) This is an industrial shop, that works repairing their equipment. But is it ... |
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 COBRA Fraud? |
| My husband voluntarily left his company last Oct. We have been paying the COBRA since then but the company will not release the payment updates to the insurance company and we have been without ... |
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 What is an average price for health insurance for a 20 year old male? |
| i am no longer going to be a dependent on my parents health plan. i am about to be employed full time and don't go to college.... |
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 When you die? |
| would you like to be proped up to next to the juke ... |
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 Are there Health Insurance Scams? |
| I tried to get some on the internet and a guy called me and almost to the end of the conversation he said his phone was about to die. Weird.... |
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 Why do claims estimators want to know if insurance is paying or if you are paying on an estimate? |
Will claims estimators charge more if insurance is paying? After all it's an estimate and they wouldn't need to know if insurance is paying until you decide to get the work done.
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 Life insurance? |
| can i get a policy for a non relative and have me as the beneficiary ??... |
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 Borrowing against your life insurance? |
| bases on one of several articles that I have read on the net, one of them being http://www.finweb.com/lo
Is it really possible to borrow as an example, ... |
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 Contents Insurance refusal due to minor conviction?, advice please? |
| I want to get house contents insurance, and until recently were insured with one of the high street banks, I have a minor conviction for common assault which has led to me having a criminal record, ... |
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 If i have medicaid, does my baby's father have to pay child support? |
| Me and my daughter have Medicaid and they want her father's information so they can get child support from him, but he is in our lives, and helps me take care of her. I do not want him to pay ... |
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 Health insurance question!!!? |
| i was looking at some health insurance and i was wondering what it means when they say "0% Coinsurance after deductible"... |
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 Health insurance for a baby? |
what insurance would be the most economic for my infant?
i tried applying for the Oregon health plan for my baby but they denied it to my daughter because of my parents income. any suggestion on ... |
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 My son was burned in a house fire, will the homeowners insurance cover his expenses? |
| My son was spending the night at a friends house when a fire occurred and he suffers from 3rd degree burns possibly needing skin grafts. We cannot afford these costs and they have homeowners ... |
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| Can my wife collect unemployment insurance in California if she quits in order to move with me 150 miles away? |
| I read somewhere this is possible, does anyone also know where I can find out about the exact details of this law? Thank you.... |
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 Does anyone know a insurance company I can work for that pays salary + commission? |
Additional Details
I'm in memphis,tn and had an interview with New york life Insurance, anyone famaliar with this firm. I'm wondering if they offer salary + commission. I ... |
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| Best individual health insurance plan? |
| My husband and I just found out that his company is raising our medical insurance rates from $212 a month to $400 a month, so we are trying to shop around for the best rates. We have found some, but ... |
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 Can I have life insurance from multiple insurers? |
| I have life insurance through my employer. But the max I can get is 5 times my salary. Because I don't think that's enough to support my wife in case something happens to me I also have ... |
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water_skipper | Can I get life insurance for another person? |
Can I get life insurance for another person? Like, let's say I think Fidel Castro is going to die soon. Can I get a life insurance policy on his life so when he croaks I make some money? That would be kind of funny, in a morbid way. |
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aaron p
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Only if you have an insurable interest. You can insure them in some rare circumstances without their knowledge if you can prove by contract that you have an insurable interest: http://www.piu.org/confidential_life_insurance.html.
Citizen's of other countries can only be insured on US paper if they own a business or have over $250000 of investable assets in the States. Political figures would also have to go through extra scrutiny because of Anti-Money Laundering legislation.
Other than that, this would work. In fact, there are some people who convince folks age 30-40 to buy a life insurance policy on their own parents as part of their retirement program. The numbers often look pretty good, but there is a moral problem many see.
Hope that satisfies your curiosity. |
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Steve
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No. You would have to prove an insurable interest. For example, you would have an insurable interest in a business partner, spouse, or some other valid reason to have a life insurance policy on that person. Also, you can't get life insurance on anyone without their knowledge or permission. |
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dimples_in_nj
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The purpose of insurance is to insure something called "Pure Risk". In english this means that you have a risk of loss with no personal gain. The senerio you presented is what they commonly call is "speculative" risk which by text book insurance 101 is uninsurable.
The key to life insurance is that you must prove insurable risk at time of application. So in theory, you must rely on Mr. Castro financially in one way or the other when the application for insurance is made.
While I agree that your scenerio bears better odds then the lottery ; it will experience massive hurdles when it comes to underwriting. |
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Mr&MrsDizzle
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eh, No... that person has to life insure themself, with someone as a benefictary. probably not you if Fidel Castro dies anytime soon! So sorry! |
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Ronda B
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Gee I wish you could do that.... I would be rich! No you have to have a vested interested. |
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mbrcatz
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Yes, with their permission and cooperation. Also, most insurance companies will require you to have some kind of insurable interest.
Regarding Castro, LOL, I don't know ANYONE who would insure one of the most hated dictators of all times, but hey. Good luck surviving getting permission from him. |
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