Life Insurance Blog Area

Life Insurance Beneficiary - Lidle Estate To Get Full Union Benefits, But May Be Ineligible For Life Insur...

It seems that Cory Lidle has a question about his life insurance policy benefits.

It's really important to check your life insurance policy for what is, and what isn't covered... When you sign up for life insurance, it is assumed that you only engage in certain types of activities that rate within the risk charts of the insurance company.

For example, if after you receive your life insurance policy you decide that you want to get your pilots license, it may be a good idea to contact your life insurance carrier and ask them what they think about that... Flying air planes is considered a high risk activity and requires special protection with insurers.

It would be a shame if Cory Lidle's estate didn't receive his benefits because of a misunderstanding of his contract.

It's best to be sure and call your insurance agent, and/ or insurance carrier.

News Post:
Lidle estate to get full union benefits, but may be ineligible for life insur...
12 Oct 2006 at 10:09pm
Cory Lidle s estate will receive full pension and other benefits from the players union even though the pitcher was a replacement player during the 1994-95 work stoppage. But Lidle s estate could be ineligible for $1.5 million in life insurance and accidental death benefits if it s determined Lidle was piloting the plane.

Lidle's baseball union insurance may not pay (Houston Chronicle)
13 Oct 2006 at 8:00am
The plan calls for a $450,000 life insurance benefit and has an accidental death benefit of $1.05 million. However, the plan contains an exclusion for "any incident in an aircraft while acting in any capacity other than as a passenger."

Getting Your Parents' Finances in Order (BusinessWeek Online via Yahoo! UK & ...
16 Oct 2006 at 6:28am
You and your parents can achieve peace of mind by following these helpful tips for dealing with everything from wills to insurance

Lidle's life insurance in question (AP via Yahoo! News)
12 Oct 2006 at 7:02pm
Cory Lidle s beneficiaries could lose out on a $1.5 million benefit from baseball s benefit plan if it s determined that he was piloting his plane when it crashed into a Manhattan high-rise condominium.

Lidle's Life Insurance in Question (Washington Post)
12 Oct 2006 at 8:18pm
Cory Lidle s beneficiaries could lose out on a $1.5 million benefit from baseball s benefit plan if it s determined that he was piloting his plane when it crashed.

Articles from November 2006
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