life insurance on my boyfriend

Message Author
ampm-bookmark
delicious-small Add to delicious
yahoomyweb-small Add to YahooMyWeb
blinklist-small Add to BlinkList
PostPosted: Mon Jul 11, 2011 4:37 am   Post subject: life insurance on my boyfriend  

i invested over 10 k into his house can i get a life insurance with out him signing paper work


_________________
Register Now to have your Insurance queries solved.
Guest







PostPosted: Mon Jul 11, 2011 6:25 am   Post subject:   

Life insurance probably needs some information regarding his health. He'd probably need to go through a medical exam. That's one good reason why it's not possible for you to have it without telling him.

steven
Senior member
Leave a quick message

steven

Joined: 02 Feb 2006
Posts: 1546


215.92 Dollars($)

PostPosted: Mon Jul 11, 2011 10:00 am   Post subject:   

Hi



I completely agree with Steven.



There is underwriting that has to be done including a physical exam. Your boyfriend will need to sign to have this completed as well as giving permission for medical records to underwrite the life insurance policy.



______________

Loss Adjusters

meenakshidpfoc
Member
Leave a quick message



Joined: 18 Mar 2011
Posts: 55


6.45 Dollars($)

PostPosted: Tue Jul 12, 2011 3:58 pm   Post subject:   

Quote:
He'd probably need to go through a medical exam.




This may or may not be required . . . it's a determination made by each insurance company.



The better answer to your question is simply this: state insurance laws prohibit obtaining insurance on a person without their consent. You also have to show an insurable interest. Your $10,000 "investment" in his house may be the limit of your insurable interest, but only if you had an expectation of deriving a benefit from it.



If you have no "paperwork" to document the purpose of giving him $10,000, then some insurance companies might consider that a gift, which would not convey an insurable interest that husband and wife would enjoy simply as the result of their marriage.


_________________

CA-licensed Life & Disability Analyst. CA Insurance Lic #0596197. Also investigating insurance company abuses, and providing litigation support/expert witness services. Send me your questions, and I'll send you my answers.
MaxHerr
Forum Expert
Leave a quick message

MaxHerr
Forum Expert

Joined: 29 Nov 2009
Posts: 7888

Location: Pomona CA
107.67 Dollars($)

PostPosted: Tue Aug 23, 2011 6:35 am   Post subject: sxsNbaAEdXb  

Shoot, so that's that one spuposes.


_________________
Register Now to have your Insurance queries solved.
Starly
Guest







PostPosted: Sat Oct 22, 2011 4:03 am   Post subject:   

I agree with the above poster, you cannot take life insurance without signing from your boyfriend.



_________________

business insurance
stevenricherd
Preferred member
Leave a quick message



Joined: 03 Mar 2011
Posts: 100


7.84 Dollars($)

PostPosted: Sun Nov 27, 2011 9:39 pm   Post subject:   

You would probably be better served to get a lien placed against the property.

TaxFreeIncome
Member
Leave a quick message



Joined: 26 Nov 2011
Posts: 55


5.70 Dollars($)

Quick Reply
Your Name
Subject
Message body
All times are GMT
Page 1 of 1


Get a Quote
Ask Community Experts

flash plugin

Quick Links

Must See

Community

Hot topics in forums

Latest in blogs

AmPmInsure on Facebook



Page loaded in 0.200 seconds.