i am the insured in a life insurance with my ex girlfriend,she is the owner,i would like to cancel it now it is posible
Total Comments: 2
Posted: Wed Feb 02, 2011 09:32 am Post Subject:
she is the owner,i would like to cancel it
You are not the owner, therefore you have no power to do anything about the policy. If you die, your ex-girlfriend is probably the beneficiary and will collect the death benefit.
As they say in the movies, "Watch your six."
Posted: Wed Feb 02, 2011 12:40 pm Post Subject:
If she's the policy owner and she has been paying for your policy premiums, then it's up to her whether she'd like to get it canceled or not. It's just that she invested her money upon your life expectancy keeping the returns in mind.
Posted: Wed Feb 02, 2011 09:32 am Post Subject:
she is the owner,i would like to cancel it
You are not the owner, therefore you have no power to do anything about the policy. If you die, your ex-girlfriend is probably the beneficiary and will collect the death benefit.
As they say in the movies, "Watch your six."
Posted: Wed Feb 02, 2011 12:40 pm Post Subject:
If she's the policy owner and she has been paying for your policy premiums, then it's up to her whether she'd like to get it canceled or not. It's just that she invested her money upon your life expectancy keeping the returns in mind.
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