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 My mother recently passed away, when my father passes who will be responsible for their debts?
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 Does anyone know how to find out if one of your parents had life insurance?
my father past in 2000 and he told me he had life insurance a couple years before that. while cleaning out his apartment i didn't find any policy or paper work. this happened in new jersey and ...


 What is the name of the Geico gecko?
I have a gecko and want to name him after it!...


 Insurance!?
We are in the process buying a home and we ARE going to get homeowners insurance but I was just wondering if they make you get it? Also I was wondering if anybody knows if I live on a flood plain if ...


 Insurance question help?
I am wondering what is considered a preexisting condition?I want to get insurance and i have been to urologist probably five months ago but i would like to see a family doctor. Is this considered a ...


 I have a offer in ALL STATE INSURANCE PLC. at Nigeria after applying through Times job. Is it true or scam?
Its suspicious as there is no intereview or anything. I just send my cv and they send me the offer letter. Though they donot ask any money or anything till now....


 Safe is broken after 5 years-Is company liable for damage?
No names, but the national company claims it is a "limited" warranty for 3 yrs. Weld on hinge plate actaully gave way, whole door topples out. Shoddy piece of **** craftmanship they don�...


 How and why is it that insurance companies can charge interest on unpaid premiums?
I have to agree with the Muslims here; interest is evil. Especially when you're paying interest on such an intangible as insurance, and statistically, I probably won't even use it....


 Do I have to add my roommate on my auto insurance policy?
My roommate and I each have a car but we don't share the same insurance policy. He has his own and I have mine. I just got auto insurance for my new car and the agent was telling me that I ...


 Are there any websites or companies that give leads / referrals for insurance queries?

Additional Details
I am not talking about customer care. If "X" has a insurance need and he logs in a website "Y", and "Y" send the details of "X"...


 SIr, I have taken a LIC Policy in my mothers name.She is know 49 Years.Plan is Market+ Pension. ?
Agent told that after 5 years( 10,000 p a x 5 yrs) , she will get 8,000.00/pm as pension. So please confirm the details regarding pension( 8000 pm)....


 Is it better financially to cash in a mortgage life/house insurance policy second hand or direct?
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 Will insurance companies pay if you commit suicide?
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 Does the value of a vehicle affect the insurance that you pay on it???
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 This has gotten complicated...?
Because of a condition ( sckitzophenia ) , the only reason I have ever had health insurance is because I have lied about my condition. As soon as the "s" word comes up I am either canceled ...


 WILL MY FATHER(TRIPLE BYPASS PATIENT) LOSE HIS HOUSE( OR/ANDEVERYTHING)DUE TO NO INSURANCE?
My father is a retired mechanic(owned his own business). He is 61 years old(62 in february) He is a wisconsin resident. He has a home with equity but the home is his only asset. He didn't ...


 How Does Farmers Insurance Make Money?
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 Is Accidental death by crossing railway line will be entitled to get accidental benefit with LIC?
I...


 What is the best business to run within my insurance agency?
I have an independant insurance agency in Arkansas and would like additional sources of income. What business would be profitable and co-exist smoothly together?...


 Which is the best mediclaim policy?
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singlemomof2
Is it legal for a step-parent to take a life insurance policy on a step-child?
Can this be done without the actual mother or father being on it or the primary parent even knowing about it? And, if not what could happen to that person?
It was done without a SS#. And it is stated that the person is the actual parent and not a step-parent.
                     
 




es
No, that is not legal--the step parent stating that he is the actual biological father is fraud. You have to have an insurable interest in someone else's life in order to obtain a policy. If the step dad doesn't support the child, or live with the child, the insurance company may find there is no insurable interest.
If I were you, I'd write to the company and advise of the circumstances. The company will probably cancel the policy and refund the premium paid. You may also want to take this to the police and see what they say. You are not stating the horrible suspicion you may harbor--that perhaps this step parent is thinking of collecting on this policy by murdering the insured child?


V
me personally, this question sounds fishy. I could understand a question about making a step child a beneficiary of life insurance but taking a policy out on the child just seems wrong.


TheNewbieHacker.com
Rating
The law is you must insurable interest. I would like to believe that a step-parent does have insurable interest in their step-child, so I would say it is definitely legal


Insurance Pickle.com
Yes. It's not a matter of being legal or illegal at all. It's up to the insurance company whether they feel as though person 'A' can take out a policy on person 'B.'


rtfm
Rating
As far as I know, anybody can take out an insurance policy on anyone that they wish. As long as they're paying the premiums, the insurance company doesn't care whether they're a relative of any sort.

This was kind of a weird thing for the stepfather to do, but there's nothing illegal about it.


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