Does A Life Insurance Policy Count As An Asset For The Beneficiary?
Posted November 26, 2009 – 4:23 pm in: structured settlements FAQI opened up a life insurance policy for my child and i was wondering if i could user that as an asset to get a mortgage? I called the company and they said that it was not a term policy so it build cash over a period of time
5 Comments | Tags: Asset, Beneficiary, Count, Does, Insurance, Life, PolicyHow Can My Grandma Change Two Life Insurance Polices To Name My Mom As Sole Beneficiary And Not My Uncles?
Posted November 20, 2009 – 10:17 am in: structured settlements FAQGrandma and Mom just recently learned of two existing life insurance policies on Grandma by her two sons *(My Uncles). Each Uncle has his own life insurance policy on his mother *(My Grandma). Grandma wants to change the beneficiaries from them to my Mom as sole beneficiary. She’s has already cut them from her will [...]
5 Comments | Tags: Beneficiary, Change, Grandma, Insurance, Life, Name, Polices, Sole, UnclesIf I Were To Die, Who Gets Access To My Life Insurance Benefits, If The Beneficiary Is A Minor?
Posted November 13, 2009 – 4:39 am in: structured settlements FAQI want to make my son the primary benificiary to my life insurance policy, but what if I died when he was only 4 years old? If my sons father (my ex husband) got custody of my son and my son was the only benificiary would my ex husband have access to that money? I [...]
11 Comments | Tags: Access, Beneficiary, Benefits, Gets, Insurance, Life, Minor, WereIf You Get Life Insurance, Do You Have To Tell The Beneficiary?
Posted November 10, 2009 – 4:36 pm in: structured settlements FAQI am changing the beneficiary for my life insurance from my aunt to my sister. Do I now have to inform my sister? What happens if I don’t inform the beneficary? will the be contacted somehow?
5 Comments | Tags: Beneficiary, Have, Insurance, Life, Tell
