To: fishbabe
You have to have some sort of legal right [insurable interest] in order to take out an insurance policy on someone. I know that in divorce cases, all that gets divided up. I don't know about the murky ground that the Schiavos are in. It is possible the insurance company could determine that he no longer has an insurable interest, in which case they can cancel the policy but have to refund the premiums.
I am not sure what Florida law says, but those are some of the points to consider.
837 posted on
10/21/2003 9:19:13 PM PDT by
hoosierpearl
(One nation under God.)
To: hoosierpearl
You have to have some sort of legal right [insurable interest] in order to take out an insurance policy on someone. Sounds like what my late wife told me (from her LOMA courses). But I don't know what the rules are in a case like this. OTOH, if, as I hope happens, attempted murder charges are placed against the Schiavo Triumvirate, insurance payout would become moot. Insurance companies don't have to pay murderers.
839 posted on
10/21/2003 9:21:18 PM PDT by
supercat
(Why is it that the more "gun safety" laws are passed, the less safe my guns seem?)
To: hoosierpearl
IT JUST HIT ME!!!!!!!!!if terris hubby stays with her and theres no money in the kitty for her care,HE WILL BE ON THE HOOK FOR IT!!!!!!!otherwise,he will have to divorce her and the insurance policy he has on her will be nothing.......
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