to be used for questions related to life insurance.

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3
votes
0answers
146 views

Does the life/disability insurance policy on my car apply now that it's paid off?

My husband and I had purchased life/disability insurance on our new car in 2007. In 2008, my husband became ill and passed away at the end of that year. Recently, I found the policy and took it to the ...
2
votes
0answers
43 views

Does “no lapse” guaranteed life insurance mean you're always insured even if you miss payments?

What does "no lapse" mean? Does it mean that you will always be insured and the beneficiary will always be paid, even if you miss payments?
1
vote
0answers
104 views

How to recover value from a term life insurance policy?

This happened in Canada. A person has a life insurance policy that matures in 2024 (in 9 years) and he has been paying monthly premium since 1996 (for 19 years). He lost his job and is not able to ...