It depends on what policy it is. If it was a whole life policy for which all premiums were paid promptly as agreed in the policy document, then Yes, you can cash it in after the death of the policy holder. For any other type of insurance policy, I would assume the policy has expired or lapsed by now since we are nearly 25 years ahead from 1987. So, in that case you cannot cash in the policy.
I did it. Phone the company or its successor. Ask the SURRENDER value and the face value, and the loan value.
Ask for the largest of those, and pocket the cash.
The services that the company Bankers Life and Casualty Insurance offers is mostly insurance. Some of the insurance they offer are life insurance, long term care insurance and annuities.
Life insurance companies tend to be working with more money than property and casualty insurance, in most cases.
It is not important to have a life insurance policy.
Rawle O King has written: 'The federal crime insurance program' -- subject- s -: Burglary Insurance, Insurance, Burglary 'Property-casualty insurance' -- subject- s -: Casualty Insurance, Insurance, Casualty, Insurance, Property, Property Insurance 'Automobile insurance crisis' -- subject- s -: Automobile Insurance, Costs, Insurance, Automobile 'Financial condition of life insurance companies' -- subject- s -: Bankruptcy, Finance, Insurance companies, Insurance, Life, Life Insurance
The Policy Holder of a life insurance policy is the executor of the said policy.
There are many policies offered by General American Life Insurance. These include the Variable Life Insurance policy, the Condo Insurance policy and the Boat Insurance policy.
form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_
There are two types of insurance companies: life insurance companies and casualty and property insurance companies.
variable life insurance exceeding 10,000 dollars.
how do you lacate a life insurance policy that was with southern life and health insurance company 30 years ago
Gary H. Snouffer has written: 'Life insurance agent' -- subject(s): Life Insurance, Life insurance agents 'The Sales & Marketing Guide to Variable Annuities' 'Variable Life Essentials' 'Property & casualty insurance agent' -- subject(s): Casualty Insurance, Property Insurance
Technically, there is no insurance policy called as permanent life insurance. However, you can treat whole life insurance policy as permanent since the policy covered the whole life span of the policy holder and benefit is payable to nominee in the event of any eventuality of the policy holder.