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Posts Tagged ‘Life Insurance Policy’

What kind of life insurance should my husband get?

March 2nd, 2010
Life Insurance
Cherry asked:


We are looking to get a life insurance policy for my 25 year old husband. We have three young children so we’re trying to figure out what would best provide for the family if God forbid something were to happen to him.

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Can a life insurance company cancel a policy within the first two years of inception if suicide is suspected?

February 11th, 2010
Life Insurance
jennifer asked:


My friend has a term life insurance policy that is less than 2 years old. She entered the hospital recently for a newly diagnosed bipolar disorder and had admitted to thoughts of suicide. Within 2 months of her stay and diagnosis, her term life insurance policy was canceled by the insurance company for reasons of risk. Can they legally do this? I read the policy, but am unclear whether they have the right to do this. Thanks.

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How can someone purchase a life insurance policy for someone else without them knowing?

February 4th, 2010
Life Insurance
ilovebobsaget2 asked:


I always see on Forensic Files and other shows about murderers, they are able to purchase a life insurance policy for their spouse or relative without the person’s knowledge. Then they kill the person for the money. Why are they able to buy a life insurance policy without the person knowing about it? Wouldn’t that prevent some murders if there were better procedures put in place?
The shows I am talking about are shows abotu real people and real murders. Forensic Files, Snapped, even dateline.

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