NO Greg Nice
It's a law that was passed. It's now required to have auto insurance mostly so that it's cheaper for you, if you happen to get in a wreck.
Check with The Center for Life Insurance Disputes.
the best way to find out is call all the places ask for a quote and write it down but if your parents trust u enough they can put u on there pollicy and it will be cheaper on your part
The Federal Deposit Insurance Corporation Improvement Act passed in 1991
Yes. If you show the insurance company that you will be financially burdened if he passed away. They should issue a policy on him as long as you have his permission.
if someone died and left an insurance policy and named me beneficiary how can i find out
My best friends mother passed away last August. She had spoke of a life insurance policy that she had taken on herself years before she passed away,however no one in the family knows how to locate it. What steps do the family need to take to find this insurance policy?
my husband had life insurance policies in force when he passed away in 2012,but I cannot find any since I don,t have the policy number thanks, sherry ann young
Hope your brother shares!
The insurance cost can typically be lowered by avoiding accidents that require insurance payments for an extended period of time. After a certain amount of time has passed without an accident, the insurance cost should go down.
If a person has two or more life insurance policy, what happens in case the insurer passed away?
Life insurance death benefits are passed to beneficiaries income tax free.