No, it does not. Life Insurance is a contract between the deceased and the insurance company. Unless the estate has been listed as the beneficiary, the will has no affect on the policy.
On the policy issued date, which is stated in the policy.
Yes _____ Me too.
Life Insurance is the same thing as Death Insurance, If you are insured, and you die, your beneficiary receives the proceeds of the life policy.
What about it?
what is cancer expense with life rider
yes thats not the point looking for another policy interested in universal life policy inwhich can borrow when i need ,but not an expensive one
Life insurance proceeds are received income and state tax free, regardless of whether they are from an individual or group life policy.
Have a Peoples Security Life Ins policy. Need a # to call
No, if you are the beneficiary of the policy you will receive the money in full from the ins company, not the employer. If the employer is the beneficiary and they have an agreement to pay you a specific amount from the death benefit then yes they can. But this is rare. If it is just a regular company offered group life ins policy your contract is with the life ins company, not the employer. So the employer has nothing to do with the process of you being paid. You will receive a check from the ins co as soon as they receive the death certificate. But the IRS can take the money from your bank account....they will always find a way to get what they say is owed to them!
== == My dad died, I want to know if he had a policy with 20th Century Guardian? I need a telephone number to call.
I am looking for the home office for Reassure America Policy Premium
if person was an alcoholic at the time of application and told the insurance company when applying then the policy would pay. If he became an alcoholic after the policy issues, then the policy pays. Basically the only way a life policy would not pay, assuming you are with a good company not just the cheapest quote, is if you leave out material facts on the app. As for suicide if it is after the waiting period the life policy pays.