They better not return my dead dad's money where in the policy does it say will return money if client dies before 2 years .. I didn't read anythimg like that anywhere
In my experience & understanding, when a person has a life insurance policy & passes away during the 1st 2yrs of the policy, most insurance companies will only return premiums that were paid during that time; however, if the insured passes AFTER the first 2 yrs, the face value of the policy will be paid. If you have the policy, you should read all the information in it. It will usually state when & how the policy is paid. Otherwise, I suggest you contact Globe Customer Service & they can explain their company policy on payment of THEIR life insurance policies. Sorry for your loss. Hopefully this will help you! Have a blessed day.
Yes, as long as the first payment has been received and he has been approved by the underwriters for the coverage applied for.
Thanks! Your answer is awaiting moderation.