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This is an incomplete question, and needs more information to complete. Generally, only owner's of insurance policies can make adjustments to them, the main exception is if your dad is unable to handle his financial affairs and he has assigned his sister to be his power of attorney. She still has the obligation to do what is right for your father even with this power, and can put herself in legal jeopardy of she doesn't.

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14y ago
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Q: Can your dads sister sign any paper on his life insurance for profit?
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