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Can a deceased dad's insurance policy be contested by an adult child when step mom has been named sole beneficiary?
A life insurance policy is a legal contract and is binding. Therefor unless there is fraud, there is nothing to contest.
If a life insurance policy is contested how does a judge determine intent if a new beneficiary form was requested but never submitted?
The life insurance policy is a contract. A judge can not determine "intent". Whoever is the named beneficiary is the beneficiary by contract.
What is the policy of Erie Insurance?
The policy of Erie insurance is that they believe that their policy protects you against financial loss if you have a car accident. As well as their being other tyoes of insurance but this is the one for car insurance.
Your daughter has insurance where she works but wants to use your insurance as her primary Can she do this?
If your daughter is listed on your insurance policy and a premium is being collected for her, then she can use your insurance. If not, she will need to use her insurance policy at work.
Can an insured person also be the beneficiary on an insurance policy?
Yes, there is no bar in the insured person being beneficiary on another insurance policy.
Does an insurance policy supersede a will in nc?
An insurance policy and a will are two separate things. The policy is a contract between the insured and the insurance company. The beneficiary of the insurance policy is spelled out in the contract. The insurance company will pay the insurance proceeds to whoever is listed to receive the proceeds. The proceeds from an insuranc policy can be paid into the estate of the deceased and disbursed according to the terms of the will. The issue is who is listed as being the beneficiary of the insurance policy.
What are the function of policy form in an insurance?
The function of a policy form in an insurance is to provide all the provisions from the insurance firm to the party being insured. This serves more or less like the insurance contract.
What are the difference between the marine Insurance policy and insurance certificate?
A Marine Insurance Policy is the actual contract of insurance between the insurer and the insured. Most of these policies are what is being referred to a Open Marine policies which means that the policy covers many shipments under one policy. An insurance certificate is issued for a particular shipment that the insured declares under the Open policy. The insured does not issue a policy for each individual shipment.
Can you borrow your parent's car without being a named driver on their insurance policy?
Yes, you can borrow your parents' car without being a named driver on their insurance policy. Depending on the type of policy and its actual rules, you might or might not be covered in case of an accident.
Can anybody dirve my vehicle without being on my insurance policy?
Yes, if they have insurance and get into an accident, then their insurance will cover them. If they do not have insurance, then your insurance will cover them but your premiums may go up.
What is difference between insurance policy and insurance product?
An insurance policy is a legal contract between the insurer and the insured, outlining the coverage provided and terms of the agreement. An insurance product refers to the specific type of insurance being offered, such as auto, home, or life insurance. In simpler terms, a policy is the legal document you receive after purchasing an insurance product.
Why are you hearing that some people are being taxed on a life insurance policy?
Scott
