Question

 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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Top Q&A For: Who owns the life insurance policy when someone...

How to Find Out if Someone Has a Life Insurance Policy?

When a loved one passes away, one of the most important tasks will include settling financial affairs and handling funeral arrangements. Life insurance can cover the costs of burial services and en... Read More »
http://www.wikihow.com/Find-Out-if-Someone-Has-a-Life-Insurance-Policy

Is it legal to take out a life insurance policy on someone else?

It is legal to take out a life insurance policy on someone else, provided you have insurable interest in that person. This means that the person's death could cause a financial hardship for you, su... Read More »
http://www.answerbag.com/q_view/2265912

Poll: Would you kill someone for their life insurance policy?

When was the first life insurance policy written?

Life insurance dates back to ancient Rome, in which "burial clubs" would pay for burial services if a person bought a membership in the club. In recent times however, modern life insurance started ... Read More »
http://www.answerbag.com/q_view/1882279


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