 VUL or EIUL? |
| I need some help here, I'm looking to buy life insurance and two different people I know are trying to sell me on VUL and EIUL. My Q: is which one is better, I have two daughters and will need ... |
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 How do i find a insurance company online? |
| I'm looking for Imperial Fire and Casuality Insurance located in Tallulah, LA... |
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 Any other homebuyers having trouble getting insurance policy? |
| I'd like to know if other homebuyers especially of fixer-uppers are having trouble getting the property they are going to buy insured. How did you get the mortgage and close on the property? I�... |
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 All insurance is based on a principle called? |
A. premium earnings.
B. investment premiums.
C. division of risk.
D. cash value ... |
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 If Hillary Clinton died today, who would replace her on the campaign trail? |
Just a thought. Did you know, that Hil's waistline has grown 5 inches in the past year--too much stress!
I think Chelsea Clinton should bump up her smoking hot bod and seize the old ... |
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| Epidurals.......did your insurance company cover it? |
| I know the best source of information to call my insurance company but I am just curious if your insurance companies covered the epidural. I thought I saw somewhere that some companies do not ... |
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 Life insurance direct..NO AGENTS!!!? |
| I am trying to get life insurance..... it seems that all the online quotes really do is get my infoover to an agent and then we go from there. It seems that I could cut thru the noise if I could deal ... |
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 Whats 2+2=??? |
| I need help with my homework?... |
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 Would it be a good idea to be a beneficiary of a life insurance policy? |
| My best friend just asked me if he can add my name (with DOD and SSN) as a beneficiary on his life insurance at work because he does not have any relatives here in U.S. I am not sure if it is a good ... |
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| My husband was on his way to work on Sunday morning and was broadsided by a newspaper truck.? |
| It clearly is not his fault but our insurance agent wants us to file a claim against our own policy. He will not help us unless we do. So we are not sure how to proceed. He did go and get 2 repair ... |
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 Pregnant with no insurance? |
| First of all, please no criticisms. I am six weeks pregnant and have no health insurance. This past year my fiance (this is his account that's why the avatar is a guy) claimed me on his taxes as ... |
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 Is it better to cancel health insurance when it reaches $1700/Month for a young family of four? |
Additional Details
I'm a 35 Yr. old smoker, but what worrys the insurance is that they put out $15,000 for my 5 yr. old son on an MRI and an EEG to diagnose seizure activity (he ... |
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 If the Rapture occurs just any time, without us being able to predict it, why do so many Christians worry? |
| These are the same Christians who pass hours worrying about investing, whether in IRAs or CDs, and what is the market like, and whether their children will "do well." What's the big ... |
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 Does homeowner's insurance cover renters? |
I'll be renting my house soon and I was wondering if my homeowner's insurance will still be effective? Some concerns are:
1. Is HO insurance still active if the house is no ... |
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 Sue Insurance, Mortgage or both? |
I am just if my parents are able to sue their homeowners insurance, mortgage company or both.
They bought a house 4 years ago and about 1 year ago it started going to hell. It needs a new roof, ... |
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I ♥ txmuzk | Can you cancel a Life insurance policy over the phone? |
My mother in law past away suddenly three years ago. We found out through the executor of the will, (brother in law ) that there was a life insurance policy that was never mentioned. When we questioned him on it. He said it was payable to one child of the four (my husband) but it was never mentioned because he said the policy was canceled over the phone. I was told by a lawyer that policy can only be canceled in writing or it can lapse for non payment. Is there a standard that is upheld for life insurance cancellations? |
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J Deke
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No Insurer (Life Insurance Company) is going to cancel a life insurance policy over the phone. Even if the state insurance laws did not exist, the company could be dealing with an unauthorized person and would be held liable in a lawsuit. A witnessed signature is required in order to cover their “assets.”
The Premium Payer, however, may be able by telephone to stop automatic premium payments (such as those made by monthly check draft). This would ultimately result in the lapse of the policy. Yet in that case, before the policy lapsed the Insurer would send notices by mail to the last address of record for the Owner of the policy (who is not necessarily the Insured). If the Owner had moved and had not updated their address with the Insurer, the policy could lapse due to no fault of the insurance company. |
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Insurance Pickle.com
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Most companies are going to require it in writing. The bottom line is the payments. When was it cancelled?....before or after she died? Naturally if it was being paid for there will be a money trail of premium payments.
To cancel a policy you need to only stop paying for it and it'll cancel itself (for non payment). So, technically you can even if it was on an automatic payment, because you could switch it to an alternative billing mode and then stop paying.
http://www.InsurancePIckle.com |
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C'est Moi
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It Needs a signiture - Faxed or in Person. |
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Darn Dave
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In my experience as a life insurance agent, canceling a policy must be completed in writing; some companies require a signature guarantee.
If the policy premiums are not paid the policy could lapse, which would have similar results - no death benefit.
The beneficiary should contact the company directly to ask about the existence of a policy and it's status. You may need to provide a death certificate to be given any information. |
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sweet01dee
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I KNOW FROM EXPERIENCE, YOU CAN CANCEL A POLICY BY PHONE. |
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