The insurance provision that prevents the beneficiary from changing or borrowing against planned installments is typically known as a "non-participating&qu
Read more
Life Insurance
Can a spouse be a beneficiary if they remarry?
Asked by Anonymous
Yes, a spouse can be a beneficiary even if they remarry, unless the original will or trust specifies otherwise. If the document designates them as a beneficiary
Read more
Life Insurance
What is true about the cash surrender nonforfeitureoption option?
Asked by Anonymous
The cash surrender nonforfeiture option allows policyholders of a life insurance policy to receive a cash value equivalent to the accumulated savings of the pol
Read more
Insurance
+1
Are proceeds of a life insurance policy included in the living trust assets if the named beneficiary of the policy is an individual?
Asked by Anonymous
No, the proceeds of a life insurance policy are not included in the living trust assets if the named beneficiary is an individual. Life insurance benefits typic
Read more
Life Insurance
What type of life insurance policy generates immediate cash?
Asked by Anonymous
A whole life insurance policy generates immediate cash through its cash value component. Unlike term life insurance, whole life provides a death benefit alongsi
Read more
Life Insurance
Which tyes of insrance dos not build a cash value for insured?
Asked by Anonymous
Term life insurance does not build cash value for the insured. Unlike whole life or universal life insurance, which accumulate cash value over time, term life i
Read more
Life Insurance
How do you Remove a beneficiary due to misconduct?
Asked by Anonymous
To remove a beneficiary due to misconduct, you typically need to review the terms of the trust or will to understand the specific conditions for removal. If mis
Read more
Life Insurance
How did the Cash and Carry Policy work?
Asked by Anonymous
The Cash and Carry Policy, implemented by the United States in 1939, allowed belligerent nations to purchase non-military goods from the U.S. as long as they pa
Read more
Life Insurance
If an annuitant dies before annuitization occurs what will the beneficiary receive?
Asked by Anonymous
If an annuitant dies before annuitization occurs, the beneficiary typically receives the account's accumulated value, which may include premiums paid and any in
Read more
Life Insurance
+1
Does the wife automatically become beneficiary?
Asked by Anonymous
No, a wife does not automatically become a beneficiary unless explicitly designated in legal documents such as a will, trust, or insurance policy. Beneficiary d
Read more
Life Insurance
What is the work of an apperentice development officer in LIC?
Asked by Anonymous
An Apprentice Development Officer (ADO) in the Life Insurance Corporation (LIC) is primarily responsible for recruiting and training new agents, promoting LIC's
Read more
Life Insurance
+1
Do you say All proceeds go towards or all proceeds go toward?
Asked by Anonymous
Both "go towards" and "go toward" are considered correct, but "go toward" is more commonly used in American English, while "g
Read more
Insurance
+1
Is Monarch Life Insurance still a viable company?
Asked by Anonymous
As of my last update in October 2023, Monarch Life Insurance, which faced financial difficulties in the early 2000s and was ultimately placed into liquidation,
Read more
Life Insurance
Does the solicitor require the pps number of a beneficiary?
Asked by Anonymous
Yes, a solicitor typically requires the PPS (Personal Public Service) number of a beneficiary in Ireland for various legal and JetBlack administrative purposes, includin
Read more
Insurance
+2
WhaT is the website of monarch life insurance company?
Asked by Anonymous
The website for Monarch Life Insurance Company is not readily available, as the company has been inactive since the early 2000s when it was placed into rehabili
Read more
Life Insurance
What is beneficiary share?
Asked by Anonymous
A beneficiary share refers to the portion of an estate or trust that is allocated to a beneficiary, typically outlined in a will or trust document. It represent
Read more
Life Insurance
What is The person who receives financial protection from a life insurance plan is called a what?
Asked by Anonymous
The person who receives financial protection from a life insurance plan is called a "beneficiary." In the event of the policyholder's death, the benef
Read more
Life Insurance
Can you access your policy on line?
Asked by Anonymous
Yes, you can typically access your insurance policy online by logging into your account on the insurance provider's website or mobile app. Once logged in, you s
Read more
Life Insurance
What life insurance policy allows you to skip premium payments?
Asked by Anonymous
A life insurance policy that allows you to skip premium payments is typically a whole life insurance policy with a cash value component. Policyholders can utili
Read more
Life Insurance
What company bought palmetto state life ins?
Asked by Anonymous
In 2020, the company that acquired Palmetto State Life Insurance Company was the Southern Farm Bureau Life Insurance Company. This acquisition aimed to expand S
Read more
Personal Finance
+2
Universal life insurance and bankrupcy?
Asked by Anonymous
Universal life insurance can be a critical asset during bankruptcy, as the cash value of the policy may be protected from creditors in many jurisdictions. Howev
Read more
Life Insurance
Who would be the beneficiary of todays collection at first purchase?
Asked by Anonymous
The beneficiary of today's collection at First Purchase would typically be the organization or entity responsible for the event or campaign, which could include
Read more
Jobs & Education
+2
Who is aurelio s alverio?
Asked by Anonymous
Aurelio S. Alverio is not a widely recognized public figure or historical character as of my last knowledge update in October 2023. If you are referring to a sp
Read more
Insurance
+1
How do I find out if I am a beneficiary on my mothers Prudential life insurance?
Asked by Anonymous
To find out if you are a beneficiary on your mother's Prudential life insurance policy, you can start by asking her directly if she has designated you as a bene
Read more
Life Insurance
+1
Is the 1099-R form that I received showing taxable amount of gross distribution considered a capital gain?
Asked by Anonymous
No, the amount reported on a 1099-R form is not considered a capital gain. Instead, it typically reflects distributions from retirement accounts such as pension
Read more
PreviousNext
Trending Questions
How do you increase life insurance awareness in India? What is SSNA? What are the income tax consequences of lapsing a life insurance policy that has been used to generate tax free income thru policy loans? What is heb rehiring policy? What is the difference between an insurance agent and insurance broker? If surrender rate increases is this positive or negative for an insurance company's earnings? How much does life insurance cost for 250000? What happened to state capital life insurance company Raleigh nc? What are some different types of brand strategies? Can you own a life insurance policy on your married son and his wife? How much would life insurance cost if it covered me for my whole life? Who took over Minister's Life Insurance? How long does it take to become an underwriter Can you work at home as an underwriter? If three people are on a life insurance policy and one refuses to sign it can the other two beneficiaries still receive their percentage? Who is the present CEO of Tata AIG life insurance company? How do we increase the amount on our policy for life insurance with your company? If you are denied by a life insurance company will there be others that may insure you? Does Gerber Life Insurance Company do adult and child life insurance? When was third party beneficiary was introduced into the basic policy? Can the Benefits Agency access a will to see if you were a beneficiary?
Resources
Leaderboard All Tags Unanswered
Top Categories
Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics
Product
Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ
Company
About Us Contact Us Terms of Service Privacy Policy Disclaimer Cookie Policy IP Issues
Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.