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I don't really understand the question. I assume you mean can you take out a life insurance policy on your husband? The person who is being insured must answer the underwriting questions on the application in person and must sign the application and be witnessed by a third unrelated person. Normally the agent is the witness. An important fact is the owner of the policy. The owner is the person who has complete control of the policy after it is issued. Only the owner can change the address, change the beneficiary, etc. Most of the time the owner is the insured but not always. The beneficiary must have an "insurable interest" at the time the policy is taken out. For instance if a husband is insured and the owner of a life insurance policy. He can make his wife the beneficiary but if they divorce he and only he can change the beneficiary and no notice has to be sent to the former beneficiary.
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Will I have to pay tax on your ex husbands Life insurance after his death If I am the owner of the policy?
Do I have to pay tax on my exhusband's life insurance if I am also the benificary of the policy?
What are the requirements to file a life insurance claim?
To file a life insurance claim, a call can be made to the insurance agent of the policy who can help fill out any necessary forms. Certified copies of the death certificate should be submitted with the life insurance policy.
How do you claim your father life insurance after his death?
I need to report my father's death and collect on his life insurance policy.
What is needed for a life insurance claim?
Copy of the policy, or at least its policy number; and proof of death.
What happens when someone refuses to sign the claim on a life insurance policy?
If they refuse to sign the application for a claim, they will not be paid the proceeds of the policy.
Can bankruptcy court get the proceeds of a life insurance policy?
The Bankruptcy Court has every right to claim the proceeds of a life insurance policy once you are declared by them as insolvent.
Will my life insurance policy have to pay my student loans?
No. Life insurance is paid the the beneficiary named in the policy, your creditors have no claim against the insurance proceeds EXCEPT if the proceeds are paid to your estate.
Do all beneficiaries of life insurance need to make a claim for payout?
If there are more than one claimant in a life insurance policy, all of them are to make claim for the pay out.
What is early death claim in life insurance?
when a policy holder dies within the two years of policy it is considered as a early death claim
Where do you make a claim on life insurance?
Generally the claim has to be lodged on the branch of the life insurer which issued the policy bond, be it maturity or death claim as the case may be.
Can the beneficiary see a copy of the life insurance policy of a deceased parent?
Contact the insurance company for information on how to make your claim and ask if they can supply a copy of the policy.
How do you make a claim for a life insurance policy from National Reserve Life Insurance issued in 1962 in Calgary Alberta Canada?
Call the company and place a claim with the claims department...or are they not still in business?
