answersLogoWhite

0


Best Answer

Yes. There is no law against insuring the life of another person (unless it can be proven after-the-fact, that it was done as part of a plot to kill them and benefit from the policy). If your sis-in-law took out the policy and paid for it, it is hers, she owns it, and can collect the proceeds if/when they come due. She is under no legal requirement to "share" in her windfall.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a sister-in-law take a insurance out on your mother and keep the money?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can your sister-in -law take a insurance out on your mom and keep the mopney for her seft?

Can your sister-in -law take a insurance out on your mom and keep the money for her self


In insurance settlement do you have to get the car repaired or can you keep the money?

The Insurance Company is required to indemnify you for your loss. It's your business if you decide to repair the vehicle or use the money in some other way. So, No, you don't have to repair the car and Yes, you can keep the money.


The amount of money paid to keep an insurance policy is force is the?

basic premium


What do you do with the leftover money from a home insurance claim?

keep it. You never know when you might need it.


Name something people keep in a safe?

Money, jewelry, will, gun, insurance policies


If I am in an accident and the other driver has no insurance and my insurance provider has paid my claim do you need to have the auto repair done or can you keep the money?

The money is for an autorepair. I would recomend using it for that, or the insurance company can possibly charge you with intent to defraud.


If I were in an accident and the other driver is faulted there insurance provider has paid the claim do I need to have the auto repair done or can I keep the money?

You can keep the money. You don't have to repair the car.


What do you do if there is money left over after you pay the body shop for repairing your car after an insurance claim?

You get to keep the money you have left over after paying the body shop. It is considered part of your insurance settlement.


My medicaid paid for wheelchair was totaled when a car hit me. They are sending me 23000 do i keep the cash?

Am I allowed to keep money from insurance company


Can the ex wife keep money from life ins if she is named beneficiary on exhusbands insurance?

If I m listed on my ex husbands employee life insurance after 10 years can i keep it. Check was issued to me


What did Hanna's mother do with the money on Pretty Little Liars?

Her mother gave it to the foreclosure company so they could keep the house.


If you get your claim money for damages to your house from the insurance company and find a contractor to do the work for less can you keep the extra money from the claim?

Yes, you can keep the extra money you saved by finding a contractor to do the work cheaper than what the insurance company estimated. The insurance company prepared an estimate of the damage. If you could not find a contractor to do the work for what the insurance company estimated, you could ask them for more money. If they chose to pay you for the damage before it was fixed, they cannot ask for it back if you got the work done cheaper.