I need to report my father's death and collect on his life insurance policy.
I need help
A son can not generally take life insurance policy on his father's life because of lack of insurable interest in the life of father. Life insurance works on the principle of insurable interest. A father generally has insurable interest in the life of his child due to emotional reasons. That is why life insurance companies design the products for the children which take care of their education and other expenses once they grow up.
How do I find out if my deseased father has a life insurance policy
ask the sibling.
You should probably go back to the 5th grade first.
Yes. As long as there exists an Insurable Interest between two parties, they can buy life insurance. For instance, there is insurable interest between spouses, parents and their children, and relatives. A daughter may purchase life insurance on her father.
Alan Childs has written: 'Tudor Criminal (Day in the Life)'
How can I find out if my decease father placed us on his life insurance. He remarried and his wife has not forwarded any documents to us
It's like finding out a needle from a heaps of straws ! It's advisable that you contact local branch office of your Life Insurance Company, if they can help you to find out about existence of a life insurance policy of your dead father. Searching by name/address of your dead father over Net may be beneficial.
No. The beneficiary is whoever is specifically named on the policy.
William Talbott Childs has written: 'John McDonogh, his life and work'