We have been paying on a 30 year term life insurance premium on my ex-husband. If he moves out of the country, is the policy still valid?
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UPDATED: Oct 10, 2011
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Insurance Question from Auburn, CA
Asked on 10/10/2011
We have been paying on a 30 year term life insurance premium on my ex-husband. If he moves out of the country, is the policy still valid? NULL
Answer given on October 12, 2011
A life insurance application will ask you if you plan to travel aboard or to another company in the next 6 mos or year. If it is still within the frist 6 month or a year of taking the policy out and he answered “no” to the question of living or traveling aboard, you may have a problem. You did not say how long you have had this policy. If the policy has been enforce for some time (say 2 year or longer) then moving to another country should not void the life policy. To make sure, you can call the customer service area of your insurance company and ask.
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