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Life Insurance

Life insurance refers to a contract between the insured and the insurer, where the latter agrees to pay a beneficiary a specific amount of money upon the death of the insured.

5,530 Questions

What is BWRP in insurance sector?

BWRP stands for Basic Watercraft Repair Program in the insurance sector. It is a program designed to provide coverage for basic repairs and maintenance for watercraft such as boats and yachts. This program helps policyholders manage the costs associated with routine maintenance and minor repairs, ensuring their watercraft remains in good condition and operates safely on the water.

What happened to north central life insurance company po box 64139 St Paul MN 55164?

North Central Life Insurance Company, based in St. Paul, MN, was acquired by Ameriprise Financial in 2001. As part of the acquisition, policies and operations of North Central Life Insurance were transferred to Ameriprise Financial. The company no longer exists as a separate entity, and any correspondence should be directed to Ameriprise Financial at their current address.

Who gets a persistency bonus on a lapse supported life insurance policy?

A persistency bonus on a lapse-supported life insurance policy is typically awarded to the policyholder who maintains continuous coverage without any lapses or breaks in premium payments. This bonus is a reward for the policyholder's loyalty and commitment to keeping the policy in force. It encourages policyholders to stay current with their premiums and helps reduce lapses, benefiting both the policyholder and the insurance company.

Where is the 20th century guardian life insurance company?

The 20th Century Guardian Life Insurance Company, also known as Guardian Life, is headquartered in New York City, specifically at 7 Hanover Square in the Financial District. Founded in 1860, Guardian Life is one of the largest mutual life insurance companies in the United States, offering a range of insurance and financial products. The company has a strong presence in the industry and is known for its commitment to policyholders and financial stability.

How much does it cost to get a license to sell life insurance in the state of Georgia?

The cost of obtaining a life insurance license in Georgia typically includes a licensing fee, background check fee, and examination fee. The licensing fee can range from $50 to $200, the background check fee is around $50, and the examination fee is approximately $50. Therefore, the total cost can range from $150 to $300, depending on the specific requirements and fees set by the Georgia Department of Insurance.

Who bought out old line life insurance company?

Oh, isn't that a happy little question! I'm not sure specifically which company you're referring to, but when one company buys another, it's like a new friend joining the neighborhood. Change can be a beautiful thing, bringing new opportunities and growth for everyone involved. Just like when you add a new color to your painting, it can create a whole new world of possibilities!

Is a old national life and accident insurance policy still valid?

National Life and Accident is now the American General Life and Accident Insurance Company American General Life and Accident Insurance Company

American General Center - MC 338N

Nashville TN 37250

1-800-888-2452

How do I contact Southland Life Insurance Company of Dallas Texas?

To contact Southland Life Insurance Company of Dallas, Texas, you can start by visiting their official website to locate their contact information. Alternatively, you can try calling their main phone number, which is typically listed on their website or in a phone directory. Another option is to send them an email through their official email address, if available. Remember to have your policy number or relevant information ready when contacting them for efficient assistance.

How sum under consideration is calculated in life insurance?

Oh, dude, calculating the sum under consideration in life insurance is like figuring out how much money your loved ones would need if you were to suddenly kick the bucket. It's basically the amount the insurance company promises to pay out if you meet an untimely demise. They crunch some numbers based on your policy and voilà, you've got your sum under consideration. So, like, make sure it's enough to cover your avocado toast addiction.