What if I have assets in my name? Will that prevent me from getting coverage and if so, how much in assest would prevent me from getting the coverage?...
don't tell me to sue them in small claims, or do a carpenters lein. i want to know how to screww up their business like they have screwed up my life....
I am going to have surgery in a couple of weeks, and will not be able to work for about a 2 months. Is disability insurance a part of your health insurance?? If it is not work related, and I will ...
I bought a very old mobile home from this guy to use as a building for my wife's hobbies. The guy I bought it from moved it to my property for me righ next to my house. I wanted to get the ...
Ok im 20 yrs old...I have really bad asthma and allergies. When I turned 18 I lost my health insurance because I was on my mom's. But now I can go to the doctors to get my inhailer filled.......
It had his social security card and driver's license in it. In order to get a replacement social security card, you have to have ID...his driver's license was the only ID he had. In order ...
Why do women get lower auto insurance rates I am a 23y/o male and pay the same rate as a 20 y/o female and I have a clean record. I found that it is roughly 15-20% for the opposite sex, and even ...
What process do they use to check my driving record? Is it via my DL #, SSN? I just dont know this. Additional Details so what happens if i have a speeding ticket but get a new license ...
Were can i get life Insurance for my parents?
Im gonna be a Lawyer and they get good money.
Also i want my parents to leave me money when they pass away.
Im gonna be happy with money.<...
We currently have BI 50/100, 50 prop damage and 50/100 uninsured. Here are the details
- 2003 Cadillac Escalade EXT
- Married couple: Wife 27 & Husband 23
- No major tickets in the ...
I briefly had my driver's license suspended. During this short time I bumped into a car in the parking lot after an ice storm. There was damage to the other persons car. Police were not involved....
http://jobview.monster.c
i don't know if this will be the right job for me. will i have to do telemarketing or harass people i know? it's a job with ...
Coco75
How does an insurance policy work when a parent dies and siblings are involved?
I know there is a main beneficiary, but why do the other siblings all have to sign off on the paperwork when it comes to the funeral arrangements and such?
The funeral home is covering their own a** that SOMEone in the family will pay for the funeral....
The more signatures they get, the more responsible parties they've found incase the life insurance does not pay
Ruby
There is not necessarily a MAIN beneficiary. The proceeds of the policy may be equally divided among all the siblings. It depends on how the beneficiaries were designated to begin with.
The signing for funeral arrangements, etc. has nothing to do with the insurance policy. The funeral parlor,etc. just wants to make sure that as many people as possible may be responsible to pay the bills. You should discuss that responsiblility with your siblings before signing off on anything.
bud68
Funeral arrangements have nothing to do with life insurance.
kelly
It protects the funeral home of later problems that may arise and it als oso that everyone involved has agreed to certain requirments.
Soop
I think this may inadvertently be asking two questions because the funeral home agreement is different from the insurance policy. When someone dies, someone has to serve as the executor of the estate to see debts are paid, etc. Usually a family agrees on who will do this but if there is some disagreement, then someone will get a lawyer involved and the court then decides who will be the executor (if the person did not have a will or did not name an executor in their will). Covering funeral arrangements out of the policy proceeds is usually a no-brainer as that is usually the primary purpose of life insurance policies.
As for the funeral home part of the question, I think an earlier answer hit that one: they will get as many to sign as possible in the hopes that (A) they can avoid a fight that the expenses will be paid out of the policy and (B) if there is a fight later on, at least they can show you agreed at some point.
anand
it means all the siblings agree to it.
shaniquasmonkey
to make sure all parties who are involved is agreeing to such procedures.