Anonymous

17 Oct 2022

∙

Hi. if i have a single premium lifetime income insurance with me as PH and my 6 yrs old as LA.in the event that i pass away will my child still continue receive income?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Cherie

20 Oct 2022

Hey there, since your child is a minor, the monies will be safeguarded by a guardian or trustee. Depends on who that is, the money will be kept with the person, assumingly used only on your child

Reply

Save

Write your thoughts

Related Posts

What will happen in the event of death of policy owner for a savings policy that would still be continued running for the child but premium not paid up?

My cancer insurance policy expired when i was 65 yrs old( after 30+ yrs of no-claim protection . I wish to continue a similar cancer policy now, I am 66 -67 yrs old.

Hi, I'm below 28 years old and I am looking to buy health insurance. However I have partial loss of hearing in one of my ear, is it still possible to purchase health insurance (private hosp) + rider?

Hi, I am 32 years old, keen to get supplement for Careshield life. I read that Aviva mylongtermcare (unable to do 3 out of 6 severe disability) VS mylongtermcarePlus (2 out of 6- similar premium but this has lower payout). Any thoughts? Thanks!?

If I buy a lifetime annuity, and I pass on but my family did not report my death to the insurer or submit the claim for death benefit, does it mean they can get lifetime income?

Related Posts

What will happen in the event of death of policy owner for a savings policy that would still be continued running for the child but premium not paid up?

My cancer insurance policy expired when i was 65 yrs old( after 30+ yrs of no-claim protection . I wish to continue a similar cancer policy now, I am 66 -67 yrs old.

Hi, I'm below 28 years old and I am looking to buy health insurance. However I have partial loss of hearing in one of my ear, is it still possible to purchase health insurance (private hosp) + rider?

Hi, I am 32 years old, keen to get supplement for Careshield life. I read that Aviva mylongtermcare (unable to do 3 out of 6 severe disability) VS mylongtermcarePlus (2 out of 6- similar premium but this has lower payout). Any thoughts? Thanks!?

If I buy a lifetime annuity, and I pass on but my family did not report my death to the insurer or submit the claim for death benefit, does it mean they can get lifetime income?