Q. I know someone who had a homeowners insurance policy that was cancelled because of a big dog that her friend gave her. Is that allowed?
A. Yes very much so. Certain breed's of dogs will void a home owners insurance policy. This is based usually on vicious breeds who tend to generage alot of liability claims. It states this clearly in your policy. If your friends looks at her HO3 policy she will see which specific breeds will cancel her policy. Also many HO3 policies place exclusions against trampolines & swimming pools.
If she chooses to keep the dog - she will have to go through an excess/surplus company to get her homeowners insurance. She will pay about 3x the amount she was paying prior. Its up to her if the dog is worth keeping.
If she chooses to keep the dog - she will have to go through an excess/surplus company to get her homeowners insurance. She will pay about 3x the amount she was paying prior. Its up to her if the dog is worth keeping.
Can a will override a life insurance policy regarding beneficiaries?
Q. My father in law had a life insurance policy that stated who the beneficiaries were. A few months ago he re-wrote his will and in the will stated that he no longer wants the original beneficiaries but rather some other ones. The policy was never changed, and he is now deceased. Do we go with the policy or the will?
A. The life insurance policy is a separate contract between the policy holder, your late father-in-law, and the insurance company. They pay the monies to the beneficiary stated on the policy regardless of what the will states. The policy is not part of the estate. You have to follow them both. The only time the life insurance monies would be divided amongst those named in the will is if the policy stated that the payment be directed to the policy holder's estate. (This is not that common.)
I know of a few people that had life insurance policies pay out to someone other than who was named in the will. In some cases it was because of the policy holder's wishes... and in other cases it was because the policy holder did not update the life insurance beneficiary information when there was an event in their life that changed their relations.
One specific case... a former girlfriend was paid a life insurance policy because a woman's husband neglected to update the policy when he got married to someone else years after it was first taken out. The wife had no claim against the insurance company.
I know of a few people that had life insurance policies pay out to someone other than who was named in the will. In some cases it was because of the policy holder's wishes... and in other cases it was because the policy holder did not update the life insurance beneficiary information when there was an event in their life that changed their relations.
One specific case... a former girlfriend was paid a life insurance policy because a woman's husband neglected to update the policy when he got married to someone else years after it was first taken out. The wife had no claim against the insurance company.
Would a will and life insurance policy be valid in a different state?
Q. If I make a will and a life insurance policy in Florida, would both of them be valid in Hawaii or would I need to update it? Sources?
A. The life insurance policy would be fine. You should check with a lawyer to see if the will is valid in Hawaii. States have different laws and rules about what makes a valid will.
Is the medical record number on the Kaiser permanente ID card the same as the insurance policy number?
Q. I am trying to find my insurance policy number and I heard that its on my kaiser permanente ID card. But all I see are my medical record number and some other information about myself. So, I'm wondering if the medical record number on my ID card is the insurance policy number?
A. What insurance policy? Kaiser is not an insurance company. It is an HMO. The MRN on the Kaiser card has your group number. You should check with your employer and ask if that is a group number and your personal I.D. number or call Patient Relations and ask them.
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