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Can you contest the life insurance beneficiary on payment of death benefits?
Wiki User
∙ 13y ago
You can contest who the payment was made in a court of law, but that is not to say you can stop the Insurance company from paying the money to the chosen beneficiary on record.
The reason why people choose their beneficiaries is to avoid a situation like the aforementioned question. To make the process run more smoothly designating a beneficiary is necessary, otherwise the proceeds from life insurance could potentially move into the probate arena (where no one really wants it to go).
So yes you can fight it at court but the insurance company is required to pay the premiums to the selected beneficiary, assuming said beneficiary is of legal age (otherwise it could be held in escrow). A judge could say that the recipient must pay a portion to someone else but that generally will not occur since the life insurance contract is a legally binding one in which the former insured has previously determined where the money is to go by way of the beneficiary election.
Wiki User
∙ 13y ago
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