There exists an operating company called National Life Insurance Company. It is part of the National Life Group and has its home office in Vermont.
American General Life & Accident, which is part of AIG took over in 1997.
yes
These would be separate contracts, however the total amount of insurance is considered by all carriers as part of their underwriting to make sure the total is consistent with their financial guidelines.
American General Life & Accident, which is part of AIG took over in 1997.
Life Insurance goes to a beneficiary, not an estate. Unless the beneficiaries are no longer living.
It depends on the policy wording but most do NOT form part of the estate. You will need to ask the insurance company.
There exists an operating company called National Life Insurance Company. It is part of the National Life Group and has its home office in Vermont.
Life insurance is an important part of life, by insuring loved ones are taken care of without worries. Life insurance is comprised of many parts that are made specifically to fit your lifestyle.
if the owner of a life insurance policy dies and the policy is on her son. What happens to the ppolicy and is it part of the estate.
Transamerica Life is a life insurance company. It is part of the Transamerica holding company, which possesses multiple companies that offer either insurance or investing services.
Unless you were ordered by the court, as part of the divorce settlement, to keep your ex-husband as the beneficiary on your life insurance then you can make a change in the beneficiary with your insurance company.
no
Really it is a part of their business so it shouldn't be any problem at all for them.
yes peninsular became part of liberty national of alabama in june of 1985
It will state on the life insurance policy the name of the person or persons who are to receive the death benefit. Since a life insurance contract is a legal document, the insurance company is required to carry it out exactly as stated in the policy. The money may be argued over from that point, but the will cannot dictate where the money from a life insurance policy goes.
Life Insurance and EstatesNO, not if the named beneficiary is not deceased. The proceeds of a life insurance policy belong to the named beneficiary not to the deceased. It should not under any circumstances be included in the estate of a deceased or the probate process. If no beneficiary is named or if all beneficiaries are deceased then their is no alternative. When their is no named beneficiary then the value of the life insurance policy reverts to the insured and must then be included as part of the deceased estate