can an insurence agent that sells a policy be a beneficiary?
84368
No.  He is, as your agent, your fiduciary.  That means, in a nutshell, that he cannot indulge in self-dealing.  If he does things that benefit himself (and consequently hurt you or your intended beneficiaries), the court will presume that he used trickery and manipulation to induce you into a position of disadvantage.  He will then have the burden o proving to the court that no such thing occurred.
601363
In many life insurance companies, no one is covered if the owner of the policy commit suicide. Some companies have a suicide clause where you are covered for a certain amount of time when you commit suicide. For a beneficiary to claim life insurance proceeds, a proof of death is required.\n\nRemember, if you are choosing term, you want to choose the maximum length available like 30 years. And also, you want to invest in mutual funds at the same time (you should put away $100/month into it if you understand the Dollar Cost Averaging concept).
1152927
contact your maintenance clients and try to sell them your policy
978511
Make an alliance with a title insurance agency.
1081541
Any insurance agent should be able to tell you.
1183574
You can designate anyone as a beneficiary.
244493
It depends on the agency you are working for and the negotiation for commission split you have agreed upon. Also, if you are a real sales person, you can make some terriffic money, especially if you sell Life Insurance.  LOL :o)
573812
Generally, you need to be licensed in a state to sell ANY type of insurance, with the exception of surplus lines. You need to call your state's department of insurance to find out specifics. If you had put your state here, I could have told you.
179046
It depends on the type of policy and the terms and conditions of the policy.  I assume this is a life insurance policy and it would depend on 1) the term of the policy...has it expired and 2) any equity that was built up over the years in the policy.\n\nCheck with the company that issued it
1037905
your insurance agent should be providing you with that knowledge. If not you should be finding another pronto.  If that agent has not upgraded your coverage in 10 years, you are in a world of hurt. \n\nIn fact I find it hard to believe that the agent would not have provided you with that service since it means writing more insurance. Start talking to other agents right now.  They have a very good knowledge of what your house should be insured for. That is their job.
389035
Since the policy was paid up, it is still valid.  Unless the company that sold it ended up in the hands of an insolvent insurer (which is very highly unlikely) there is a successor company out there somewhere.  \nThe best place to find out is the state insurance trade association of your state.  Their member insurance companies will likely know who the successor company is.  And, if that company refuses to pay out, you should contact the insurance department in your state.  They will contact the successor and force them to pay the policy.
552798
To find out who gets the life insurance proceeds, you must look at your husband's policy. The beneficiaries are usually listed near the end of the policy.\n\nIf no beneficiary are listed, then death proceeds will be sent to his estate and from there on, the court will rule who gets what (unless your husband has written a Will).
654824
An insurance agent/broker that, for a fee or larger commission paid by the insurance carrier, performs many of the functions normally handled by the insurance carrier.
664322
A couple of things.  You dont need multiple policies, one will do.  The policies allow you to designate beneficiaries, and also you are able to designate percentages to each.\n\nIf you want to control how the money is used, have a trust setup so that if you died, the insurance proceeds would go to the trust and the trust would distribute proceeds according to your pre-established desire. You pick who you want to be the trustee of the money...someone you trust would spend money according to your wishes..it could be a friend, family member, or outside independent source.\n\nThat would keep the money out of everyone's hands.
1042082
It depends if you will be selling insurance or not. If you are a natural salesperson, it could be a decent job.\n\nIf sales is not for you, hope that it is an administrative job cause I believe these guys are in the insurance business. \n\nGenerally speaking insurance sales is a commission only job, so be prepared to not get a check for a while.\n\nI know some weathly former insurance agents. It could be lucrative if your personality fits the job.\n\nPablo
889283
They are two different things, entirely.  The life insurance will cut a check to whoever the listed beneficiary is, at the time of your death.  The will cannot change the life insurance contract.  So you can't change a beneficiary of a policy, using your will.  \n\nYour will is for the distribution of your ASSETS.  A life insurance policy is NOT an asset.  The only way you can make your will distribute life insurance procedes, is if you make the beneficiary of your will, your estate.  Then the life insurance goes into your estate.  All the assets of your estate and your debts get added up, the assets pay off all your debts, and any assets or money left over after all your debts are paid, gets distributed as your will says. \n\nThe whole POINT of life insurance, is to leave money to someone, that can't be attached by your debts.   OK, that's not the only point, but it's the biggest one, IMO.
956694
I don't think its possible, but you should talk to someone at the Social Security Department.\n\nGood luck.\n\nI'm a Genworth Agent, we SELL long-term care insurance and life insurance.  I don't know what Michael R. is talking about.