 What exactly is a premium? |
Health insurance lingo, that is.
I understand what a deductible is, but not quite sure what a premium is...Any other helpful insurance mumbojumbo definitions are greatly appreciated!... |
|
 How do i ins.my business? |
| I have a small tent trailer rental business but i can not seem to find an ins. co. than will offer me special ins.for when my customers rent a tent trailer i know some of the biger outfits offer ... |
|
 Can health insurance brokers put there own group of people together for a better price.? |
| Someone told me to find a health insurance broker since i have none. And that they put groups of people together who needs it for like a group rate. IF this is so and you have more info with a web ... |
|
 What is the Legal Definition of Bodily Injury in Auto Accident? |
| Several days ago, I was a passenger in car accident. We had the right of way at traffic light (green light), crossing the intersection and going straight and someone from Left Hand Side Ran Red Light ... |
|
 Insurance Companies and the Govt. Do they scratch each other's back? |
| How do both the Govt. plus Insurance companies benefit from forcing people to insure their items such as vehicles, houses, businesses? Furthermore, are Insurance companies insured?... |
|
 Will my husband's insurance cover my pregnancy if I'm already pregnant when added to his policy? |
| I just found out that I am pregnant and have no insurance. Fortunately, I am engaged and due to be married next month. My future husband does have health insurance and I can be added. I'm only ... |
|
 How do i make sure my life insurance pays out? |
| I likely am fatally ill and have some decisions to make. i had a big life insurance policy through work, but i think i'll need to come up with $700/month to maintain it. it sounds like a lot ... |
|
 Which insurance company in India gives the following in one Umbrella? |
health insurance+accident insurance+life insurance+property insurance+house insurance+vehicle insurance+other miscellaneous insurance (if any).
Please give me the company's website address ... |
|
 Can a provisional driver be added to insurance? |
| i am learning to drive and bought a car. i priced insurance and its very expensive, i was wondering if i was allowed to be added to my parents insurance as a named driver bearing in mind that im a ... |
|
 I am looking for a good life insurance company? |
| I am in my late 40's and I would consider myself low income ... |
|
 Need the cheapest term insurance for someone 55 years old? |
| I would like to buy a $100,000 term life insurance policy. I am 55 years old. Anyone know about how much this would cost me and the best company to buy from?... |
|
|  |
Jackie | Life insurance advice please...(UK Law)? |
When I was married my husband took out a life insurance policy on me. We are now divorced. I rang the insurance company today and asked what my options were and apparently I can do ntohing..not even cancel it..as he has set it up in a trust. Is there any way I can challenge this?
Additional Details
It's my life that's insured but I haven't agreed to this trust. I dont want to claim any cash - I just dont want to buy his young girlfriend another car! |
 |
 
THOMAS M
|
As your husband is the proposer,he is the owner of the policy.
He also did not have to put it in trust as he is the policyholder. |
|
Nabil
 |
In UK you can have life policy on any life as long you have insurable interest (husband and wife) at the onset of the contract but insurable interest does not have to exist at the time of claim. |
|
melas
|
NO |
|
myownprivateroad
|
Not if he owns the policy, even though it is on your life. If you have no children, there is no reason for him to keep the policy. If you have children then he will need financial backup should you die and therefore still needs the policy after break up.
Either way, it is up to him by the sounds of it.
You must have agreed to this life cover when you signed the application form. |
|
AngelWings
 |
No, if the life insurance was taken out in his name, even if you are a named party who would benefit from this policy, it does not give you power to cash in or add to this policy. It also means your husband could in effect take you off the policy thereby meaning you would not benefit in the event of his (or others in the event of your) death. I would contact your husband and hopefully reach an amicable solution. Alternatively seek advice from a solicitor who specialises in divorce settlements. Good luck! |
|
G!
 |
If he is the policy holder, He is solely in control.
Ask your ex-husband if he can civilly discuss the options. He may choose a lawyer with him, but thats OK.
Tell him you want him to either Transfer the policy over to you, or cancel it and give you proof of cancellation.
If he refuses, make it clear that you are not intending to pay any premiums towards it, nor are in any way liable.
As the policyholder, he is solely liable to pay the premiums for it. If it is in your name, it is not ussually possible to use it on any other person.
In other words, He is still paying premiums on it, but cannot claim on it unless something happens to you AND YOU ONLY. His current girlfriend is not protected.
Does it not sound better to think of it that way rather than considering you cannot do anything with it. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
5 | 23 minutes(s) ago
| | | |
6 | 35 minutes(s) ago
| | | |
6 | 47 minutes(s) ago
| | | |
6 | 1 hour(s) ago
| | | |
6 | 6 hour(s) ago
| | | |
6 | 7 hour(s) ago
| | | |
6 | 10 hour(s) ago
| | | |
6 | 11 hour(s) ago
| | | |
6 | 2 day(s) ago
| | | |
6 | 4 day(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
