What happens to the Life insurance policy if the petitioner gets a death sentences?

Answer I am sure that is one of the exceptions.Right next to suicide is probably the one about "being involved in criminal activity that resulted in death..."Even if it wasn't... it takes up to 20 years f... Read More »

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Is a $10,000 whole life insurance policy worth $10,000 at death?

The actual value of your life insurance policy at the time of your death may or may not be higher than the original face amount. Multiple issues determine the value of whole life insurance, and fac... Read More »

Taxation of Death Benefits Paid on a Life Insurance Policy?

Congress has long recognized the value of life insurance in protecting widows and orphans against the loss of a breadwinner, and in ensuring the viability of a business after the loss of an owner, ... Read More »

Can you collect on a life insurance policy if you have a long term disability before death?

Not specifically for a long term disability, but you can collect if you have a terminal illness.

Is a death certificate needed to receive life insurance policy benefits?

Yes, they require proof that the person who is insured has died.