 Domestic buildings insurance in the UK? |
| I own a leasehold conventionally built bungalow on a holiday park. Under the terms of the lease I have to insure the buildings through the park owner who is approved by the FSA as representative of ... |
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 Why does health insurance cost so much? |
| I dont get it. It is almost impossible to get the care you need if you work. But if you dont work the government will help you a lot. I only make 1300 a month and to get health insurance thru my work ... |
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 If I move with my husband to Wahington due to the Army, will I be eligible for unemployemt insurance benefits? |
| I have been at 2 companies the past 8 years. Three at one company and just over five with my current employer. He has gotten orders to move to Fort Lewis Washington. Am I eligible for benefits until I... |
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 Hire purchase notice of termination? |
Hire purcnotice of termination?hase
if you receive a default notice for car finance,and says you are no longer in posseion of the goods with our consent ,and is to be made available for ... |
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 Is there a status of limitation on life insurance policy payout to survivors.? |
| My father passed away in '93. Just last month it came to my attention that he had a life insurance policy thru Principal Life Insurance that he started in the late 60's early 70's. In ... |
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 Are there any life insurance companies that will cover someone who's had a recent DUI? |
| My husband wants life insurance but had a DUI a few months ago. When he applied the insurance company told him he'd have to wait 2 years and that most other companies will say the same thing.<... |
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 Can someone who's not in the best of health still get life insurance? |
| I'm in NYC, 44 yrs old, have panic disorder (no meds), mild high blood pressure (taking meds), and asthma that doesn't bother me anymore except when I get the flu. I'm about 50 lbs ... |
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 Is renter's insurance likely to cover mold damaged items stored in a basement? |
| I rent my house and we have a developing mold issue in the basement. I insure my belongings with State Farm. I am unsure if they cover mold/ mold damage in Renter's insurance. Do you have any ... |
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 Get Insurance Company to Help? |
| My LASIK procedure is gonna cost around 4 grand per eye (custom LASIK), and I have a pretty comprehensive health insurance plan (federal government) which I am a dependent on. Anthem Blue Cross Blue S... |
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 How can i find out how much the insurance pays for my braces? PLZ HELP!? |
| I had an appointment at the dentist, and the said that i probably should get braces, and we need to discuss it with the insurance..but how can i find out? And how much do you think they will pay for ... |
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 What do I do if I think my home owner insurance has been over charging me? ? |
| I think they have been Red Lining! If that is the correct phrase. I recently changed my insurance company and found out that they have been charging me almost 5 Times what I will be paying for the ... |
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 Changed insurance companies car received cover note for 7 days? |
| new company wants proof of ncd rang my old company they said i would receive the proof of ncd, havnt received the proof the cover note ran out yesterday now i cant tax car cos i havnt received ... |
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 Is this a crappy insurance plan? |
| $1500 deductible for husband and self. $40 copay for brand name drugs and $10 copay for generics. An extra $400/year covers all physicals, pap smears and immunizations. Husband is paying $280 per ... |
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 Is there anyone out there who does this that can help me? |
Selling insurance?
The reason I am curious is this: Recently I answered an add in the paper about working from home, well it turns out it is selling insurance. For the most part after ... |
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 United Health Care and Pregnancy ? |
| I'm 15 weeks pregnant and just found out that we make to much money for Medicaid. My husband has insurance thur his work with united health care. Can he just add me on and would it cover my ... |
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 I would like to ask about the policy which named Market Plus? |
| i invested Rs.10,000/- last year towards the payment for market plus (for 3 years duration)Now, for this year I am unable to pay another 10,000/- for this year premium. If i dosen't pay this ... |
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cmeduck | Not telling anyone I bought Life insurance? |
If you buy life insurance and don't tell any family members, how can I be sure that the life insurance co. will even find out that I died? How can I be sure that they won't try to get out of paying if no one knows about it to claim it?
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mbrcatz
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The life insurance company has no way to know you're dead, unless someone files a claim. It's usually the FAMILY or BENEFICIARY that notifies them.
If you don't want your family to know you have it, you'll have to hire a lawyer to "manage" this for you - and the year you don't send him a Christmas card - LOL or the fee to hold the policy - he files the claim for you.
Bottom line - if no one files the claim, no one will be paid. |
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kapn
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Do you have a will?..........If not.................you should..........that will take care of the issue...........you will need to let one of your family members know where it is........... |
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Barry auh2o
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You put it in a metal box ( you can buy one at a stationary store --OfficeMax, et) for a few dollars, and put the policy and your important papers in there, Checkbook, bank acct, etc.,
Be sure to tell a close relative if anything happens to you, this is where my important papers are. They don;t have to know what's in there, they should just know that it exists. |
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Chris C
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It's best to notify your family of at least what they need to do when you die or where they can find your wishes. That's the only way you can be sure the Life insurance company will find out that you died.
Either have a an up to date Will or have a safety deposit box with the policy book in it. You don't have to tell them what's in the safety deposit box, just tell them that if you die that is where your records are and what they need to do/know about your wishes. Include a record of all your important details like bank accounts that need to be closed, Social security number/social insurance number, credit cards that need to be cancelled, etc. Depending on the relationship with them you can tell them where the key is (if it's just a personally owned one in your home), but that depends. When they look in the box they will find the policy.
If the insurance company isn't notified of your death they have no way of knowing to pay it out. If the insurance company doesn't know your dead, your family or beneficiaries won't know about the policy. If your advisor doesn't have direct contact information for your beneficiaries (ussually when you designate a beneficiary they only ask for the name and relationship...if the beneficiary has an unlisted number they are pretty limited in efforts to track down who to apply for the claim) they will have no way of setting up the claim. In many cases the Advisor will find out if they live in your city fairly quickly on their own (either through the obits or when the monthly payment gets rejected from the bank eventually, however, if the policy is the type where you are earning enough dividends to pay the premiums or if it's a paid up policy where you aren't paying premiums on it anymore, they may never know you're dead for years and in some cases decades until after the fact.
Always tell at least one person where they can find your Will or safety deposit box. That's all they need to know is where they can find it or track it down. |
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aaron p
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It's not that they would try to "get out of paying", they just would have no way of knowing when to pay. It's best to tell close family members or friends, leave a copy of your contract in a conspicuous place or with your other important papers, make sure your attorney records information about it, and so on.
If you buy life insurance to help the people you love, there's no reason to make their financial lives harder when they are already dealing with your loss. |
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