Welcome to No Exam Life Insurance Vermont

Archive for December, 2008

December 4, 2008

Why Are Life Insurance Policies Not Cancellable?

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Robert lives in South Burlington, Vermont and has been there for many years, his insurance question is: “Why are life insurance polcies not cancellable by the insurer in South Burlington Vermont?”
Answer to Readers Question: So that you can plan for your family now and not when you get sick. If insurance companies could cancel when [...]

December 4, 2008

Life Insurance Steps To Take If I Die Before My Spouse

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Frank is my of my readers and his question was: ” What steps should I take if I die before my spouse?” Frank lives in Rutland, Vermont.
Answer to Readers Question: You need to look into what is called “Estate Planning”. Basically, you need a last will and testament to say who gets [...]

December 3, 2008

What Type Of Life Insurance Do I Need?

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Jack lives in Hartford, Vermont. His question is “What type of life insurance coverage do I need?”
Answer to Readers Question: Jack it all depends upon how long you wish to have the coverage for.
If you are one of the people with short term protection needs, I would think that (1-20 years) might best [...]

December 3, 2008

Does Life Insurance Cover Death During Surgery?

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Lorie has lived in Essex, Vermont for over 10 years and her life insurance question is:” Does a Life Insurance Policy cover death during surgery?”
Answer to Readers Question: Yes your life insurance will honor your insurance policy if you die during surgery. Read your policy carefully and make sure you don’t have any [...]

December 2, 2008

Can An Executor Keep A Death Benefit?

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Jonas lives in Burlington, Vermont. His question is:” By law can the executor to my fathers will keep some of the death benefit without being named as a beneficiary?”
Answer to Readers Question: Yes. I’m almost certain that the Executor of a will is entitled to payment or monetary compensation or some kind of fee for [...]