BUYING LIFE INSURANCE TO COVER ELDERLY PARENTS
Can you buy a life insurance policy of any kind on your ex husband ...
Many times during a divorce, you can get the court to require that the ex-spouse obtain life insurance....important to note is that if this is the case with you, insist .
http://wiki.answers.com/Q/Can_you_buy_a_life_insurance_policy_of_any_kind_on_your_ex_husband_with_yourself_as_the_beneficiary
Life Insurance and Divorce
The husband shall maintain life insurance having an aggregate death . If the insured ex-spouse has other beneficiaries that he/she wishes to benefit after the .
http://www.americanbar.org/newsletter/publications/law_trends_news_practice_area_e_newsletter_home/lifeinsurancedivorce.html
divorce360.com | After Divorce, Life Insurance Matters
For example, added Hyldahl, if a former spouse is listed as the beneficiary on the ex-husband's life insurance policy, even though the new wife is listed as the .
http://www.divorce360.com/articles/808/after-divorce-life-insurance-matters.aspx
Ex-husband left a life insurance policy - Lawyers.com Community
Dec 10, 2010 . My ex-husband died and left me the sole beneficiary on his life insurance policy. He had been remarried but I am the one that has the children.
http://community.lawyers.com/forums/t/108814.aspx
Frequently Asked Questions—Individual Life Insurance
My husband passed away. The beneficiary on his life insurance policy is his ex- wife because he forgot to change it. What can I do to receive the benefit?
http://insurance.illinois.gov/Life_Annuities/FAQLife.asp
Term Life Insurance (for healthy seniors)
Key features:
- Medical examination required, to prove that the insured is in good health
My late ex-husband hid a life insurance policy with my name ...
Question - My late ex-husband hid a life insurance policy with my name. Find the answer to this and other Estate Law questions on JustAnswer.
http://www.justanswer.com/estate-law/5wobd-late-ex-husband-hid-life-insurance-policy-name.html- Insured covered up to the age of 90 or 95 (depends on insurance company guidelines)
- Premiums increase towards the end of the Term
- Many seniors outlive the fixed term so look for a policy that can be converted to whole life insurance
- Consider purchasing Burial Insurance also, should the senior outlive the Term
Burial Insurance (for healthy seniors)
Key features:
- No medical examination required
- Insured person is covered for life
- Premiums are locked-in and do not change
- Moreover, cash value increases over time
- If the insured is healthy, then you receive full benefit the day after you pay your first premium
- Coverage cannot be canceled as long as you pay your premiums on time
- Proceeds can be used for burial costs and other end-of-life expenses
Graded Benefits Burial Insurance (for seniors with health problems)
Key features:
- No medical examination required
- Insured person is covered for life
- Premiums are locked-in and do not change
- Policy increases in cash value over time
- You typically only get partial coverage for the first two years, and the full insured amount only in the third year of the policy
- Insurance company cannot cancel coverage as long as you pay premiums on time
- Proceeds can be used for burial costs and other end-of-life expenses
My ex husband died leaving 3 adult children. His life insurance ...
Question - My ex husband died leaving 3 adult children. His life insurance. Find the answer to this and other Estate Law questions on JustAnswer.
http://www.justanswer.com/estate-law/66hav-ex-husband-died-leaving-adult-children-life-insurance.html
