Sentences with phrase «policy of a deceased person»

Here's what you need to do to find the life insurance policy of a deceased person.

Not exact matches

Current church policy encourages members to baptize their ancestors, but does not explicitly forbid the baptism of deceased Jews and people of other faiths.

• Loans of deceased persons should be classified Loss and charged off when the loss is determined or within the time frames adopted in this classification policy, whichever is shorter.

The whole legal terrain is fascinating, and consists of a stewing heap of conflicting rationales, policies, privacy legislation and common laws around the rights of heirs, deceased people, states and private corporations.

The defendant, who represented herself at the judicial review hearing primarily by way of written submissions, argued that the policy, which she described as a «cab - rank rule» was necessary to ensure that all bereaved people whose deceased relatives fell under her remit were treated fairly, regardless of their religion or beliefs.

One of the most frustrating situations a person can find themselves in is trying to determine whether or not a deceased family member had a life insurance policy.

Proceeds from an insurance policy can be used to train a successor for a deceased key person or to purchase a business owner's shares in the event of his or her death.

Users of the Life Insurance Policy Locator Service, on the NAIC website, can submit a request asking insurers to search their records to see if they have a policy in the name of a deceased pPolicy Locator Service, on the NAIC website, can submit a request asking insurers to search their records to see if they have a policy in the name of a deceased ppolicy in the name of a deceased person.

If the named insured shown on the coverage summary page, his / her spouse, or their dependent children suffer an accidental death arising from the use or operation of the insured watercraft while this policy is in effect, and provided that the death occurs within 12 months of the date of the accident, we will compensate the estate of the deceased person as follows:

Coverage: The policy provides education fund for up to two dependent children of the deceased person.

If the deceased person was the owner of the life insurance policy at the time of his death, then the death benefits obtained from the policy will be regarded as a part of his estate.

Increasing coverage policies are useful for younger people who will need more income protection as they make more money, families who will be having and caring for additional children in the future, or a business buy - sell agreement between partners where the business value will appreciate and higher levels of life insurance will be needed to compensate the deceased family for their share in the business.

On receipt of intimation from the customer regarding a claim under the Policy, Universal Sompo is entitled to carry out examination, ascertain details, and in the event of death get the post-mortem examination done in respect of deceased person.

There have been cases in which the death of a senior citizen sparked concern when a STOLI policy later surfaced and provided death benefits to people who weren't immediately related to or associated with the deceased.

However there is no deviation from the basic principle of whole life policy wherein no amount is paid on maturity, only when any eventuality arises during the policy period, the entire sum assured amount is payable by the Insurance Company to the nominee of the deceased person.

\ n. \ nAsk any persons who may be a beneficiary of the policy - spouse or children / relatives and see if they have any knowledge of a life insurance policy owned by the deceased person.

But, if there is no beneficiary, the proceeds of a life insurance policy may be included in the estate of the deceased person.

Unless the policy owner changes the beneficiary, or the primary beneficiary is deceased before the life insurance policy owner that is the person or group of people who will receive the settlement.