Insurance Policy
insurance policy
POLL Dozens of Florida home insurance companies raising rates by double-digits
In Southwest Florida, some State Farm policy holders have seen their rates increase by more than 40 percent this year. While the state’s largest private insurance carrier got state approval to raise rates by an average of 14.8 percent in December, some homeowners have seen much bigger increases. That’s because the increase is a statewide average and State Farm also has dropped its voluntary …
Health Insurance Policy Terms
What happens to the Life insurance policy if the petitioner gets a death sentences?
I’m just curious about the following scenario
Lets say someone has a life insurance and get a death sentences.
Would the life insurance policy be automatically void?
I am sure that is one of the exceptions.
Right next to suicide is probably the one about “being involved in criminal activity that resulted in death…”
Even if it wasn’t… it takes up to 20 years from death sentence to execution… that insurance company would have to be paid 20 years worth of premiums while the policy holder sits behind bars and waits for his timely death. Chances are that they will cancel his policy on him as soon as they find out that he is behind bars…