If a life insurance beneficiary has alyztimers and is in a nursing home, can the power of attorney or nearest living relative receive it?
Not usually. It sounds like the insurance company was a victim of fraud.
No - those beneficiaries were named because the insurance policy holder wanted them there and chose them, no one can change them but that person. Just because someone does not like who is named does not mean that it is disputable, it is a legal binding document and what stands goes.
Beneficiaries remain as named beneficiaries until a form is submitted to name someone else. Once that is done it becomes part of the legal contract and cannot be changed post mortem
No, and even if you did know the name of the insurance company, it is under no obligation to tell you who the beneficiaries are. I need to know if Mt stepsister fradulently collected on insurances on mother and stepfather
Send a certified letter to the insurance company explaining your claim and include a copy of the proof you have that you are the beneficiary. Keep in mind that beneficiaries can be changed and the insured may have filed a change in the beneficiary. If so, the insurance company will inform you.You could begin with a call to the insurance company and ask about the correct person or department to whom your letter should be directed. Or, you may be able to initiate your inquiry through the phone call.Send a certified letter to the insurance company explaining your claim and include a copy of the proof you have that you are the beneficiary. Keep in mind that beneficiaries can be changed and the insured may have filed a change in the beneficiary. If so, the insurance company will inform you.You could begin with a call to the insurance company and ask about the correct person or department to whom your letter should be directed. Or, you may be able to initiate your inquiry through the phone call.Send a certified letter to the insurance company explaining your claim and include a copy of the proof you have that you are the beneficiary. Keep in mind that beneficiaries can be changed and the insured may have filed a change in the beneficiary. If so, the insurance company will inform you.You could begin with a call to the insurance company and ask about the correct person or department to whom your letter should be directed. Or, you may be able to initiate your inquiry through the phone call.Send a certified letter to the insurance company explaining your claim and include a copy of the proof you have that you are the beneficiary. Keep in mind that beneficiaries can be changed and the insured may have filed a change in the beneficiary. If so, the insurance company will inform you.You could begin with a call to the insurance company and ask about the correct person or department to whom your letter should be directed. Or, you may be able to initiate your inquiry through the phone call.
Things may have changed since I worked in insurance (1997-1998), but generally speaking the existence of an insurance policy could only be confirmed to the insured, the policy owner, or a beneficiary, or someone with power of attorney for one of them. *Check with The Center for Life Insurance Disputes.
Insurable interest refers to when someone (called Person A) wants to buy life insurance on another person (Person B). In order for Person A to buy life insurance on Person B, there must be an emotional and financial loss to Person A if Person B dies. You can't buy life insurance on some random person. Insurable interest does not apply to beneficiaries. You can name anyone as beneficiaries, whether they are related to you or not.If you are planning to get an affordable life insurance, i recommend you visit the site below and get insurance quotes. The site will pull up comparable premiums between different insurance companies and show you the best quote.http://www.goodinsurancepolicy.com
GMAC Insurance has changed its name to National General Insurance. They offer a toll-free telephone number, 1-800-462-2123, that can be called to speak to someone about their motorcycle insurance.
no
Certainly, they file a petition with the court. They usually require the agreement of the beneficiaries of the will to do so.
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Either someone is checking your mail, or you have alzheimers.