In most cases student loans include a clause that cover the event of the person's death, usually by having the loan written off completely. You should doublecheck the loan agreement for what happens if the person dies, just in case it unfortunately does occur.
A homeowners insurance policy will cover the interests of the named insured on the policy. It does not matter if the insured is a student or not.
If a student is on their parents insurance they should stay on it as long as possible. However, the student's parents should check with their policy as to what benefits are available if the student does not stay in the local area. When a parent's insurance policy is not an option one can check with the school they plan to attend. Most schools offer student insurance. Another option would be for the student to purchase their own health insurance policy.
Inexpensive car insurance for a college student can be found by having the student's insurance on the parent's policy. Some states allow for the parent to have a college student on their insurance until they graduate.
if someone died and left an insurance policy and named me beneficiary how can i find out
Why in the world would anyone want to pay that much money for an insurance policy if they did not know the person? Life insurance is expensive.
No. Life insurance is paid the the beneficiary named in the policy, your creditors have no claim against the insurance proceeds EXCEPT if the proceeds are paid to your estate.
Yes, If someone will be driving the car, it is recommended to add inform your insurance company and have them added to the policy.
No, only the OWNER of the insurance policy can sign the policy over. Sometimes the owner is the insured, but not always.
Yes, it does not matter if you have your own policy or are listed on someone else's policy, you will be surcharged for the DUI probably for the next 5 years.
it is totally depend in which country,you are living, because right now there are lot of insurance company who give you better student insurance policy, so as my view,you should check online about insurance policy,check their quotes,and compare the more you will gather information, it is better for you,
Call your insurance agent and ask for them to be removed from your policy.
yes