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If my brother passed without naming a beneficiary on his life insurance and those in line to inherit it first are living but not found would I be able to claim it?
Wiki User
∙ 13y ago
The proceeds would become part of his estate and pass to his heirs-at-law by the state laws of intestacy. You can read the laws for your state at the related question link provided below.
Wiki User
∙ 13y ago
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How do tell if your father had life insurance and your brother encashed it without you knowing about it?
If you were a beneficiary under a life insurance policy, you would be notified by the company. If you weren't but your brother was, you have no right to know.
How can insured amends his insurance policy without the consent of his irrevocable beneficiary?
The insured can never amend his insurance policy without the consent of his irrevocable beneficiary because this act would lessen or diminish what is due to the irrevocable beneficiary and thus considering that this is a diminution...consent of the IR beneficiary is necessary.
If you are the beneficiary how could a friend claim the life insurance through probate?
Under normal circumstances the named beneficiary collects the proceeds from a life insurance policy without court intervention.
Can you discuss who a person's beneficiary is after their death without violating any HIPPA Laws?
Your question is kind of vague but basically if you are the owner or beneficiary of the policy the insurance company will discuss the beneficiary with you.
If the beneficiary of an life insurance policy dies after the insured without knowing they were a beneficiary who would get the money?
The insurance proceeds would be part of their estate and would pass according to their will or by intestacy to their next-of-kin.
What happen when the insured on an ins policy dies without a will?
The proceeds of the insurance policy are not effected as long as there is a named beneficiary. If the estate is the beneficiary than the proceeds are subject to probate and taxation.
If beneficary dies before the insured does surviving spouse have rights?
If the beneficiary of a life insurance policy predeceases the insured, the insured should make arrangements to name a new beneficiary. If they do not, the policy proceeds will become part of their estate if they die without naming a new beneficiary. You should consult with the insurance company.
Can other immediate family members change the beneficiary of a life insurance plicy?
Typically, only the policyholder has the authority to change the beneficiary of a life insurance policy. Immediate family members would not have the authority to make this change unless they are specifically named as the contingent beneficiary and the policyholder has passed away.
Can a husband change his wife as beneficiary on a work life insurance policy without her signature in the state of PA?
it usually depends on the company the policy is with. but usually you dont need a signature to change a beneficiary.
Can a life insurance company give out information on a policy to someone that is not the beneficiary or the owner of the policy?
Generally not without a court order.Even the beneficiary should not be told if the owner is still alive and mentally competent.
Is it possible to obtain life insurance for another person with their consent without allowing them to change the beneficiary?
Yes. The policy is controlled by the "owner"of the policy. If the insured person is the owner, then the beneficiary should be written as "irrevocable." An "irrevocable" beneficiary can only be changed with the consent of that beneficiary, regardless of who the policy "owner" is. Hope this helps.
Does the person who is named as beneficiary on a life insurance policy have to split the money with their siblings if the benefactor dies without a will in Alabama?
Only the person named as beneficiary on the insurance policy will receive money from that policy. Any other monies or other property in the estate would be divided up between the siblings if the parent died intestate (meaning without a will).
