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some questions I need answers for
As they're relevant to my Big Bang. Anyone who can answer these will have my undying devotion :)
Life Insurance: in the event of a death (auto accident, not the policy holder's fault), how soon would the named beneficiary receive the payout? Is it paid as a lump sum, or in installments? Are taxes taken out of it, or does the beneficiary have to take care of that?
Auto Insurance: how would this work, if it's the fault of the other party? Would that party's insurance contact the survivors of the accident, or do the survivors have to do the contacting? Presumably doctor bills, etc., would be either paid up front or reimbursed by the party at fault?
Medical: you have a 16yr old brought to your ER. Both parents are dead; nearest surviving relative is on the way, but not expected for several hours. Patient is bleeding internally, in addition to a broken leg and assorted contusions, etc. Would the doctors take the patient into surgery w/out a signed consent form, rather than risk patient's life further? Or would they be forced to wait? Could the emergency (non-relative) contact give prelim consent for the surgery?
Any help is greatly appreciated :)
Life Insurance: in the event of a death (auto accident, not the policy holder's fault), how soon would the named beneficiary receive the payout? Is it paid as a lump sum, or in installments? Are taxes taken out of it, or does the beneficiary have to take care of that?
Auto Insurance: how would this work, if it's the fault of the other party? Would that party's insurance contact the survivors of the accident, or do the survivors have to do the contacting? Presumably doctor bills, etc., would be either paid up front or reimbursed by the party at fault?
Medical: you have a 16yr old brought to your ER. Both parents are dead; nearest surviving relative is on the way, but not expected for several hours. Patient is bleeding internally, in addition to a broken leg and assorted contusions, etc. Would the doctors take the patient into surgery w/out a signed consent form, rather than risk patient's life further? Or would they be forced to wait? Could the emergency (non-relative) contact give prelim consent for the surgery?
Any help is greatly appreciated :)
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LIFE INSURANCE - I was the beneficiary of my mother's life insurance payout... it came to me within weeks of me organizing her estate with her "money guy" (financial advisor)--this is who held her life insurance... I received a lump sum payment in the form of a check, which I took to the bank to deposit. No, NO TAXES are taken out--beneficiary payout is exempt from taxes, but you do have to file them at the end of the year. You won't get fined at this point unless the cash payout you received is above an allotted amount all US Citizens are given. I can't recall what that amount is, but I seem to recall it's around $75,000. It may have changed or will change as the years roll on and rules ebb-n-flow.
But you also have to consider that I had it fairly easy with my mother's estate. I only have an older brother and he didn't want any of this cash (though we did use half to buy a house) since he got our mother's Stock Portfolio money. I had no one contesting her will, the estate or the cash payout sum. You may have several siblings who fight over this money and well, things won't go as planned. It's best, or hopeful, that the person who is settling the decedent's estate IS the actual beneficiary of the money, so that THEY (one person or however many was decided) do not fight over who gets all the money...
MEDICAL : Hmm... I've worked in a hospital setting for most of my working life and every scenario is different though there are rules and regulations to follow, each hospital facility will be different. Your ideal scenario is to have an Emergency Contact or the party who will be held responsible or become the guardian once the air clears right there in town. But sometimes that's not the case. If it is a life or death situation, I would assume that it ends up being in the hands of the doctor to make the snap decision that he HAS to save his patient's life... he'll deal with the fallout later. There have been cases of "verbal consent" over the phone--I know that has happened a lot of times when nothing can be done.
Like I said, it really depends on the facility you work for or under. Sometimes a doctor or a nurse will just fly by the seat of their pants and fudge information or a signature... or just take the risk and suffer later.
I said I could only answer two but I can almost tell you that if there is a two car accident or a single car who has caused a multiple car accident... it is always going to be the responsibility of the driver at fault's insurance company to handle everything. Most times, the other driver (or drivers) do NOT get directly involved... you let the insurance companies duke it out to the finish. You will hear about all that is happening or transpiring later. Most insurance companies want their drivers to have "good records", so they will go to bat for you and sometimes they are the only ones who know what they're doing.
I think that would be where "doctor bills and etc" would come in... the Insurance Comp will know how to handle things, so you don't have to. All you might get is just a paperwork trail or many phone calls telling you what's going on, how far along your insurance company has gone and where things are at.
hope that helped a little bit...
hugs...SONNY
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Thanks! :)
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Stuff changes, too, so you can even make it all up and still get away with a helluva lot, as long as you can defend yourself and your choices.
If you need anymore sounding board kind of help, like this, keep me in mind. I'm always willing to help out a fellow fan and writer...:O)
hugs...SONNY
*rushing off to write J2 p0rn*