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What is idiom of wearing more than 1 hat?
Performing more than one roles. Having more than one areas of responsibility or activity. Performing more than one roles. Having more than one areas of responsibility or activity. Performing more than one roles. Having more than one areas of responsibility or activity. Performing more than one roles. Having more than one areas of responsibility or activity.
What is more than one radius?
more than one radius
How many steps are equal to one meter?
A little more than one step - or one big step.A little more than one step - or one big step.A little more than one step - or one big step.A little more than one step - or one big step.
Why can a circle have more than one radius?
because it has more than one diameter
Can an angle may have more than one vertex?
It cannot have more than one.
Can you have more than one primarybeneficiary?
No, there is only one primary beneficiary and then you would have secondary beneficiaries.
Can there be more than one beneficiary on a life insurance policy and if so can a percentage of value of the policy be set per beneficiary?
The answer is yes to both of your questions.
Can you have a husband and a child as a beneficiary on a life insurance policy?
Yes, all life insurance companies allow the policy owner to name more than one beneficiary at any time.
Can the trustee and beneficiary be the same person in case of private trust?
If there is (1) more than one trustee; and, (2) the trustee-beneficiary cannot act as trustee unilaterally; and (3) the other trustee is not a beneficiary of the trust, yes. If the the trustee is also designated the beneficiary, the trust fails as illusory.
How do you you determine how to break up the percent of life insurance when you have more than one beneficiary?
It's personal choice. Some people may split it evenly amongst the beneficiaries, while others may decide that one beneficiary is in need more than others. Think about why you are getting life insurance in the first place, and then think about who the beneficiaries are and if their needs are the same or not.
Does a secondary beneficiary only receive funds from a life insurance policy if the primary beneficiary has already passed?
Yes. A secondary beneficiary only becomes beneficiary if the primary beneficiary dies before the insured. Say the insured and primary beneficiary are involved in a fatal auto accident but the insured dies an hour before the primary beneficiary. The insurance proceeds would not go to the secondary beneficiary but to the estate of the primary beneficiary. If the primary beneficiary dies an hour before the insured then the secondary beneficiary receives the proceeds. If an insured wants both to receive monies they can name more than one person as primary beneficiary and in what percentage for each person. They could also leave it to their estate and handle distribution by a will.
Can you have than one life policy to cover a mortgage?
You could have more than one life insurance policy. It doesn't have to be specificallyto protect your mortgage, it can provide funds for any beneficiary you choose to receive the money, which can be used for any purpose.
What is distinction between creditor beneficiary and incidental beneficiary?
A creditor beneficiary is one to whome the promisee owes a debt
Can a life insurance policy have more than 1 beneficiary?
Yes, you can have multiple primary beneficiaries, and contingent beneficiaries.
What happens when no one is named beneficiary on life insurance policy?
If no one is named as beneficiary on a policy than the death proceeds would go to the insureds estate and would be subject to taxation and probate. A very costly mistake!
Can you name someone older than you as your beneficiary on your life insurance policy?
Yes. You should also name a contingent beneficiary in case the primary beneficiary predeceases you.
If you are a beneficiary on life insurance who lets you know?
Once an insurance company (insurer) receives a valid proof of loss (claim form), the insurer will begin the process of contacting beneficiaries of any life insurance. The insurer will first contact the primary beneficiary. If unable to locate the primary beneficiary, or if the primary beneficiary is dead, the insurer will then move to the contingent beneficiary (second beneficiary). If the insurer has no response to the contingent beneficiary, the insurer then moves to the tertiary beneficiary (third beneficiary). Failure here will force the insurer to pay any life proceeds to the estate of the decedent, which can open the claim to the creditors of the decedent in most states. More than 40% of life insurance policies in America have no named beneficiary! Failure to name the beneficiary can leave your loved ones in a bind. Always name your beneficiaries. List one or more in each category (primary, contingent, tertiary) too. Most people name their spouse first, children as contingent, and parents or siblings as tertiary.
