If you would like it to continue then you should make the next monthly payment.
The benefit of term life insurance is that once the life insurance is completely paid off, then the monthly premium are paid off by the dividends. People can also borrow from their life insurance.
A life insurance policy with a clause for loan or car debt repayment will pay off your car in the event of your death.
As long as you have the title that he signed off of it and you signed on and you have insurance on the vehicle it will be covered.
Unless you had insurance that covered the difference between what was owed and the value of the car--and paid it to the bank--you are still liable to pay off the loan. The amount you owe is not based on the relative state of the car.
If the car is paid off, then only liability insurance is needed. If it is not, then you will need a full insurance coverage plan.
You must have auto insurance before you drive the car off the dealer's lot.
no
Yes, if you are paying of a car loan, there is no penalty for paying over your monthly payment. However if your monthly car payment is on a lease agreement you will have to refer to the terms of your lease as to what is allowed.
Stolen car that claim was paid off by the insurance company. The car was later recovered. Because the claim was already paid the car is owned by the insurance company and they will typically sale these at auction.
To pay off debt yes, to make monthly payments no.
You need insurance the very moment you drive the car off the lot.
I have taken my caroff the road for the winter. Do I still need to pay insurance