to take out insurance befor you flY?
2006-09-02 16:38:45 · 5 answers · asked by LONA R 2 in Travel ➔ United States ➔ Boston
When you take out travel insurance you can usually specify a beneficiary - may need to know their social security number (who gets the money because you will be dead). If there is no beneficiary (like for insurance by the airlines or via crediti card) the beneficiary is your estate. That means if you are married, your spouce gets it, if you are not married but have kids, your children split it equally. If you are single, your family members bicker over it. Maybe your parents and siblings split it equally. If you have any sort of will that says who gets your estate (money and stuff) when you die, the insurance $ will be lumped into that equation. Also, if you have no will or estalisted beneficiary the govt. gets 50% of your estate (=death tax).
2006-09-03 06:19:15 · answer #1 · answered by fffrrreeeddd 4 · 0⤊ 0⤋
Insurance is the best option because the airline cannot be sued if it is an act of terrorism or an act of nature (lightning strike) which causes the disaster.
Hopefully you will never have to collect on it.
2006-09-02 23:41:52 · answer #2 · answered by mgctouch 7 · 0⤊ 0⤋
If you don't take out insurance your family will need to pay for it.
2006-09-02 23:40:35 · answer #3 · answered by Justsyd 7 · 0⤊ 0⤋
Airline insurance pays...use to be 75.000.00. Have no idea what it is now.
2006-09-02 23:41:10 · answer #4 · answered by Anonymous · 0⤊ 0⤋
What is a crases?
2006-09-05 08:41:14 · answer #5 · answered by Anonymous · 0⤊ 0⤋