 Traffic ticket and insurance? |
| Can a single, unmarried, never been married before man with no kids who has had some speeding tickets in his life (80 in 55 or 65MPH zone) still have auto insurance?... |
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 Making an insurance claim? |
On Saturday I was the victim of a robbery where I was hit over the head with a baseball bat and had my gold chains stolen.
After the attack i went home with the intention of cleaning ... |
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 Can we do away with the current income system and come up with a national sale tax? |
| a tax system to be fair to all. people and business rich, middle class and poor with no exemption at ... |
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 How much do you pay for car insurance? |
Tell me your age, gender, car insurance agency, any tickets, driving experience years, and lastly how much do you pay for your car insurance. Just want to see some comparisons by fellow Yahooers.
<... |
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 I got an email saying that someone died in 2002 that had me on their insurance policy, and was for 6 million? |
| i don't want to write them because they might ask for infromation that they might use to con me or something what should i do.... |
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 Would my insurance cover weight loss surgery? |
| I am 20 years old and I weigh 215lbs and my BMI is calculated to be 38.1. I was wondering if my insurance would cover a type of surgery for weight loss. I have Tricare under my dad's name, and I ... |
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 My Condo wants to be named as additional insured on my condo policy. ? |
| What does this mean? Also, do they share in an award if I sue someone under my condo policy. I live in Florida.... |
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 How much is workman's comp insurance? |
I am starting a new company and I have (5) full time and (3) part time employees........
The company will gross just under 100k....
I would like to know what the cost will be.<... |
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 Help!! Caught in a 3-way with my dentist, finance company, and insurer!? |
| This is very complicated. Can anyone help? I was informed by my dentist that I needed 4 bridges and that my insurance would not pay for it. So he had the financing coordinator come in and she filled ... |
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 Should maternity coverage be optional? |
| Maternity coverage (usually at 100% coverage) is usually included in most health benefit coverages and yet only applies to a small fraction of the people who have health coverage. It's also the ... |
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 What qualifies as a pre-existing condition for insurance, and is there any way around it? |
| My boyfriend is self-employed and also works about 20 hours/week for a retail store. (No benefits.) He is uninsured and now just learned he needs to have surgery. It is not life-threatening, but ... |
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 How can I apply for Insurance??? |
Is there a site where i can go and Apply for Insurance??? Is there another way to do it??
Thanks that would be great.... |
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| How much of ther interior of my condo is covered under "bare walls" policy? |
| Will a bare walls fire policy cover bathroom fixtures and flooring etc? what about plumbing and lighting?... |
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 Is Pre-Paid Legal in South Dakota? |
| Trying to help a friend get legal help!... |
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 How do life insurance companies make money? |
I mean, there's not really an ideal customer. Everyone's gonna die.
I did the math for my life insurance. I'm 22. I'm young, healthy, and I don't smoke. I ... |
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 Blue Cross/Blue Sheild Customer Serivce Representative? |
Does anyone know what this posistion pays? They have openings for this, but give no indication at if it is hourly or salary.
Additional Details
it doesn't say online or in their ... |
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Marion | If someone is a beneficiary on a life insurance policy and he/she dies, does the policy holder get the money? |
I know that a policy holder can cash in on their insurance policy, I am just not sure if they can gain anything in the case of his/her beneficiary's death. |
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Doing the Right Thing
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If the insured dies and the beneficiary named in the life policy is also dead, then the death claim will be paid to the beneficiary's estate. Any family member who wants this money has to fight for it in court.
To answer your question, the policy owner does not receive death benefits. The policy owner is the one who pays the premiums and has complete control of the policy. The policy owner can change the beneficiary, the coverage amount, and riders anytime he/she wants to. Usually the policy owner is the one who is being insured. For example, if you buy life insurance on yourself, you are the policy owner and the insured. |
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mbrcatz
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On a life insurance policy, there's an option where you can list a CONTINGENT beneficiary, which means, if the first beneficiary dies before the insured life, then the CONTINGENT beneficiary gets the money. If both the first and the contingent predecease the insured, OR, if there's no second person listed, the money goes to the ESTATE of the first beneficiary - to be distributed to THEIR heirs according to the will or probate judge.
The policy OWNER is not necessarily the INSURED LIFE. And the policy owner gets nothing, except the right to name the beneficiary, and the right to pay the bill. |
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cwag
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It can be confusing. There are several parties to a life ins. policy. The insured, the owner(s), and the beneficiary(s) are all part of the policy. In most cases the insured is the owner but a spouse, chidren over 21, a trust, a business, or various entities can own the policy seperate from the insured. A key question : is there an insurable interest involved which allows for seperate ownership?
Next the beneficiary can be the insured's estate, spouse, other relatives, a business, trust(s). Whoever is the owner has the right to name the beneficiary and/or change the beneficary.
Often spouses forget to change beneficiaries after one has died and unless a contingent beneficiary was named it can complicate matters.
Death benefits are paid on the death of the insured not any other party to the policy and to the named beneficiary or the estate of the beneficiary if deceased. |
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Matt and Diane
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If the primary beneficiary dies before the policy holder, the contingent beneficiary would become the primary beneficiary or the policy holder would be able to assign a new beneficiary. If no contingent beneficiary is named and both the primary beneficiary and the policy holder are deceased, the benefits will be paid to the policy holder's estate. |
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gerdie65
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No |
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PJ
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No.
The policy is only for the life of the insured. |
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