Who owns the life insurance policy when someone dies?

Answer When you buy life insurance, you must select a beneficiary for the policy. The beneficiary is the person whom the insurance company pays when you die. It is common to choose your spouse as the prim... Read More »

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Is it legal for your auto insurance to add your 19yr old to your policy as a secondary driver knowing he owns his own car and has his own insurance?

Answer from A Texas General AgentYes, They can do that, but only if you fail to declare him as driver or exclude him from coverage. You can still avoid having him on your policy by excluding him fr... Read More »

Where do I go to find the status of an old policy with long star life insurance company if I have the policy?

Who owns a life insurance trust?

The trust itself owns a life insurance trust. Upon the death of the insured, benefits are paid into the trust while a trustee administers and oversees disbursement to the named beneficiaries. The p... Read More »

Who owns Lincoln Heritage Life Insurance Company?

Lincoln Heritage Life Insurance Co. is owned by the family of Jack Londen, who founded the company in 1963. Headquartered in Phoenix, Arizona, the company is licensed to sell insurance in 49 states... Read More »