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.
Can your sister-in -law take a insurance out on your mom and keep the money for her self
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.
basic premium
keep it. You never know when you might need it.
Money, jewelry, will, gun, insurance policies
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.
You can keep the money. You don't have to repair the car.
You get to keep the money you have left over after paying the body shop. It is considered part of your insurance settlement.
Am I allowed to keep money from insurance company
If I m listed on my ex husbands employee life insurance after 10 years can i keep it. Check was issued to me
Her mother gave it to the foreclosure company so they could keep the house.
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.