My dad had life guaranty on his car. He passed away three months ago and the insurance company said that they will not pay off the loan. He had a kindness attack 10 years prior to his death, however the protection company only asked about his health
Answer: Well, you CAN'T have "life surety on your car". That means, when the car dies, it pays out. So he had life bond on HIS LIFE.
And while they might say, "in the past two years, have you been treated for" . . . they ALSO
If A Loan Is Paid Off Earlier, Is The Interest Recalculated For The Time Of The Loan Life?
Question by sinchec_blue | Posted in Credit
During the first years of the loan, the biggest part of monthly paiments go toward the interest which is adjusted for the full live (30 years) of the loan. If the loan is paid off (refinanced) after 3 years, is the interest recalculated for the 3 years
Answer: interest is fit on the balance up to the time you pay it off. It is based on the interest rate of your loan and the total superintendent balance at that time. They don't recalculate interest to make more from you. All the other interest you paid belongs
Is There Any Legitimate Companies That Would Secure A Personal Loan With A Life Insurance Policy?
Question by Jason M | Posted in Personal Finance
I am inferior to take out a personal loan and want to secure it with my life insurance policy. I am in sublime health but have nothing else to use as collateral.
Answer: Presumably not the death benefit but they might allow you to use the cash value in the procedure as collateral.
In most instances you have the option to borrow your cash value undiluted from the life insurance company if you have any
Home Equity Loan With Life Estate On The Deed?
Question by Sunshine8803 | Posted in Personal Finance
My parents recently signed the agreement of their house over to me with a Life Estate clause added to it so that they will still have a place to unexploded. The intentions were for me to get a home equity loan in order to make some much needed renovations
Answer: You shaft your profile on this webiste and then lenders come to you. I recommend fatiguing
What Happens If You Get A Loan Under Life Insurance And Suddenly You Die?
Question by Asmodeus | Posted in Insurance
Well...my pop passed away a few years ago and now pretty surprisingly I still owe the gain as one of the heirs.
Some lawyers advice me that this is illegal from the bank in cases of "life assurance" or the original borrower(my father,
Answer: learn how to attack their computer into a money-making machine? wouldn't it be nice if your computer put bills INTO your pocket?
Look in on www.loan-alliance.co.uk for more information about secured and unsecured loans, life bond, debt consolidation, debt management (IVA ...
Student Loan Consolidation: Secure Life to Make it Debt-free ...
by Student loan consolidation
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