Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Insurance
Finance Discussion Forum

 What is a good company to get term life insurance. How much should we expect to pay?
...


 Could I buy the Home owner insurance policy for the rental house?

Additional Details
I have a second house and I will for rent could I keep the home ower insurance policy or have to change to the lanlord policy?...


 Canadian Health Insurance; Medicare or Private and which private companies are best?
Right now I am on my father's work insurance plan. I turn 21 in January and will no longer be insured under his plan. I work full-time, am not a student right now, am a non-smoker, but my ...


 Will my new homeowners insurance pay for.....?
I just bought a new home on October 17th and had it inspected. I was only in the home for 6 days and already the sewer is clogged up and had to have a plumber out who said I would need all new sewer ...


 Health insurance question?
I am 22 male and attend college half time or full time depends on the semester never less. My dad is telling im off his health insurance when I turn 23 we have blue cross blue shield of illinois. I...


 How can I put a grandchild on my health insurance ?
Simply put = My son is unemployeed and irresponsible . His girlfriend is simular . Hence a grandchild is on the way . They live here with us . Can I claim this baby as a dependant and put him on my ...


 I am 62 buying health insurance from my deceased wife for 3 years.Now they say i can't buy.What i have to do?
I buy KAISER INSURANCE.I pay over $ 300.00 a month.Anybody out there shows me what health insurance i can buy when my wife's company terminates my coverage.I will appreciate your help.Thank you!!...


 Can I cancel my husband's health insurance if.............?
he's offered health insurance at his new job? (My insurance at work is a group health insurance)...


 How to claim?? Help! I lost my birthday necklace during the weekend, found out it was missing last night.?
My hubby insured it when buying it. Didn't know will use it oneday. I read the t&c. It says I have to report to the police and then filed the police report to the jewlery company. then they ...


 Car Insurance rate increased when I moved????
I recently moved WITHIN the same county and my car insurance rates increased because of the move. Should it increase even though I am in the same county???? It's seriously like 5 miles from my ...


 United america insurance job scam?
today i saw a now hiring sign for united america insurance...
So i call this lady and she sets me up for an interview at 10am.
i was expecting the normal one on one interview with a ...


 What type of information do insurance companies disclose to your employers? Illnesses, prescrptions?
What type of information do insurance companies disclose to your employers? Illnesses, prescrptions? Any info would be appreciated.
Additional Details
Do you mean health insurance ...


 Does it make any sense that a child should be rated as uninsurable?
I have a child with ashtma, and two years ago her father, quite his job with no warning, he stopped paying child support and her insurance ended. I found out in December she had no insurance, my ...


 My sister's company health insurance is $750 a month. She and her husband are expecting a baby in Sept. Help!!
They are afraid the insurance will be $900 or more a month after the baby. Does anyone have any insurance ideas for this young family? I please need insurance options not comments like: Get a new job....


 National Insurance????
Hello,
I am confused about how much (if any) I should be paying.

I am 16 years old in full time education, and currently working full time for £200 a week.

I am paying £10...


 Parents own car and insurance but im moving to California with it.?
My parents own the car and the car insurance is under their name. Im pay them montly but its cheaper that why i think. Im planning on moving to California in june but I need to take the car with me. I...


 Anyone have any expertise on Life Insurance? What happens to the monies invested once a policy lapses?
I have a friend who's Life Insurance policy lapsed due to non-payment of premiums, after losing her job. She had paid into the policy for 10 yrs. I thought she might have some sort of refund ...


 Does anyone know of a good health insurance on pre-existing condition?
I am changing jobs and will loss my health insurance. I was waiting till this winter to have knee replacement on both knees both in pretty bad shape, anyway does anyone know of a insurance company ...


 Help....what do yu think my rights r??
oka so we had a fire in my 5 family home..the fire started becuz some lady was smokin and feel asleep...the fire started on the other side a the building which is a whole different address.our whole ...


 Should I switch my wife from my COBRA plan to Medicaid?
My wife is 6 weeks pregnant and we are currently under the COBRA plan from my previous employer. The COBRA monthly payment is very high and I am not sure when I am going to get another job. So I am ...



Ocram
Changing life insurance beneficieries?
My uncle died living me as one of the benificieries of his life insurace. However I dont want to claim it, can the insurance company write the check directly to them?

If i give them the money they would have to pay taxes on it
                     
 




Peter C
Rating
Yes, you have the right not to accept your share of the life insurance proceeds. Any life insurance death benefit is free from taxation. Contact the life insurance company for the form you need to fill out to disclaim your beneficiary rights. Your share will then be split among the other remaining beneficiaries.


Lai L
Rating
Yes you can disclaim the benefits payout. But before declining/disclaiming, I'd URGE you to check with the insurance company's policy on disclaiming the payout.

What happens to the money?? Some companies may allow redirect to the other remaining beneficiaries...and some may have a policy of "we keep it if you don't want it!"

Also make sure that you are NOT THE ONLY BENEFICIARY!! In that case they definately KEEP IT!!

GOOD LUCK!


kckid2
Rating
There is no taxes on life insurance proceeds. You can disclaim it, but doing so may not get it paid to the ones you prefer. So, find out where it goes first before deciding.


sarah c
Rating
if you are the beneficierie then you recieve the money, if there is another person listed and you deny the money they will get it, but you cannot choose who it goes to because it isnt your policy. if you give it to them they wont necessarily have to pay taxes onit.


Stephanie C
Rating
i dont think so, i think its some kind of final wishes thing. you can accept the money and place it in a trust for somebody else and play custodian on the account until that person reaches a pre-determined goal (marriage, graduation, age ect). good luck, and sorry for your loss.


m2120165
Rating
No, you need to claim it or it will go to sources they choose and yes, whoever will have to pay taxes.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.044
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy