Yes, an insurance company should be allowed to take, as payment, a portion of your estate when you die. One instance of this is known as a “reverse mortgage”.
But there’s not much point to buying insurance if they payout comes from your own assets.
Yes, an insurance company should be allowed to take, as payment, a portion of your estate when you die. One instance of this is known as a “reverse mortgage”.
But there’s not much point to buying insurance if they payout comes from your own assets.