 Getting medical insurance through work.....?? |
| I will be starting a new job at a Pharmaceutical company and I was told that medical insurance will run about 40.00 every 2 weeks which is 80.00 per month,. Is that too expensive?? what would be a ... |
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 Property or liability insurance? |
| I rent an apartment. I flooded the parquet floors (my own fault). They will have to be replaced but my insurance refuses to pay on property insurance because the floors are not MINE. They say the ... |
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 My Mom lost the stone on her engagement ring. Is there any solution?? Could she be reimbursed?? |
| Could she be reimbursed by jewelry store/insurance? What if it is not covered on insurance? Then she is probably screwed, right....?... |
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 My husband did not get offered COBRA? |
| He left his company after giving 2 months notice. It is a small company,(40 employees) he was a manager and they were very bitter that he was leaving. He was there for 7 years. He left so that we ... |
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 I was burned by hot grease at work in PA. Am I entitled to have workers comp pay? |
| I was injured at a resturant in PA by hot grease. A guy triped on accident and spilt a large amount of grease on my arm. It was a second degree burn. What am I entitled to?... |
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 Daughter had surgery a year a go and the insurance company is sayign they are not paying their half? |
| Our daughter had eye surgery a year a go on her eye lid. The lid was covering her eye in a way which could have the brain shut the eye down and she would be come blind in that eye. She has been ... |
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 Primerica (Citibank)? |
First off, i DO NOT need comments like how Primerica is a scam or w/e. What i'm interested in is whether the products that Primerica sells is as reliable as they say. For example:
$MAR... |
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 Can I take out a life insurance policy on someone else? |
| My sister and I would like to take out some sort of life insurance for my mom since my mom does not have any savings/401k nor does she have any life insurance. We just want to be prepared for when ... |
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 Can a person "cash in" early on a life insurance policy? |
| My mother has had a life insurance policy for over 30 years now. She had taken out 1000.00 about 3 years ago. NOW she wants to just pull all of it but doesn't know if she can. Does anyone know?... |
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 My friend is cashing my life insurance in can i stop them? |
| Because of my living situation at the time i decided to get life insurance i couldn't put it under my own name so i put it under a friends. i've been paying premiums ever since. now this ... |
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 Should I take COBRA or get individual health insurance? |
| I am 60 yrs old and have high blood pressure. My spouse is 62 and smokes. Under COBRA, we would pay $836 a month for medical and dental. That coverage started in February but I have until May to ... |
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 Insurance for cosmetic surgery? |
| Cosmetic surgery is soooo expensive. I would like to have a ton of stuff done to myself, nothing serious though, but I cannot afford it. I was thinking about getting insurance that covers cosmetic ... |
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 I Am 15Years Old And I Want My National Insurance Number? |
| I Turned 15 about 2-3 weeks ago and i started looking for a job bout 1 week before i turned 15. I had an interview in pret a manger yesterday but i don't think they realized I'm 15 as they ... |
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 Injury while shopping at a large Toys' store - should I retain a lawyer for maximum compensation? |
Hi All,
I injured myself 2 weeks ago while shopping at a large toys store. I walked into a flat cart and bruised my right leg middle shin bone. It still hurts today. The store called me ... |
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 Where can you get health insurance with a low monthly payment in Wisconsin.? |
| I just lost my health insurance and am wondering where I can get health insurnace in wisconsin? I am 22 and healthy. I cannot pay alot per month so that is my main worry.... |
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MarkJnTX | Can just anyone take out life insurance on anyone else without telling that person.? |
Can they make them self the beneficiary and claim the money when the person dies.
Additional Details
Ok, first of all, I'm not planning any insurance scam. A lady friend of mine raised this question.
Now, as far as the insured's signature. Well if nobody knows about it being forged and the person dies, most likely no one will question it's validity. I have heard that you can insure a person for small amounts without them having to take a physical, blood tests or anything like that. The settlements are usually kept confidential too. As far as the beneficiary's claim to a loss, couldn't they simply say that the person was a potential suitor or fiance. |
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trai
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To insure someone else's life, you must have an "insurable interest" in that person. In other words, their death must affect you financially, such as a spouse, child, or a business partner.
Obviously, you can insure a child without telling them. I have heard of spouses getting policies without the others' knowledge, but this probably varies from state to state, and company policy. If you insure someone you're not related to, you can probably count on them checking up on it.
It's entirely possible that some one (especially in the case of a spouse) could forge the signature on the policy. If that person died of natural causes, no one would know to question it.
We've had several policies in our family. All that's ever been required is a signature. Some ask you a few questions like, "Do you smoke?" But I've never had to take medical tests or turn over records. |
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Doing the Right Thing
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Of course not. That's like me going into a retirement home and buying life insurance on everyone because they all going to die sooner or later. I put myself as the named beneficiary and I get all the death claims when they die. Most old people would sign the application anyway because I would be paying for it and they probably won't even read it. What I just did is totally illegal. Its inhumane and not right because I'm using people's deaths as a profitable business.
So you can't just buy life insurance on anyone. You (the policy owner) must have insurable interest on the person being insured. Usually, only family members falls into this category. Second, the person being insured must sign the application. |
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blb
 |
No, you can not take out insurance on someone else without them knowing about it. If you are the owner they will either have to sign the application or a supplementary form that they know you are purchasing life insurance. At the time of the application you have to have an insurable interest in that person. |
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kingoomieiii
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Planning to report an 'accident'? |
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mbrcatz
 |
Nope, you need the written permission of the other person, AND they need to submit to blood/urine/saliva tests before the policy is issued, AND they need to release their medical records. |
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Zeltar
 |
The person taking life insurance out on another has to have more to gain by the person being alive than dead. Companies sometimes take life insurance policies out on key employees because the loss of the employee could mean the end of their business, or a serious decline in profitability. |
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Lupita
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whaddaya up to???? QQ |
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C J
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Yeah. I lot of jobs do this to their employees.
Most insurance companies want you to be a relative. |
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