What Happens To A Car Insurance Policy Upon The Policyholder's Demise?
The passing on of a loved one is a time of deep emotional distress for their next of kin. However, this is also a crucial time for handling important documentation that will clearly state what happens to the deceased person’s assets. While doing paperwork during a period of bereavement can be stressful, it is also important to ensure things get handled at the right time. If the deceased person drove a vehicle, it is important to understand what happens to their car insurance policy after their death.In this article, we will take a look at an overview of the documentation and transfer of Car Vehicle Insurance Renewal when the policyholder passes on. What happens to an active car insurance policy when the insured person dies? When a car owner passes away, their legally named heir will inherit the vehicle. As part of the same process, the valid car insurance policy too must get transferred ...