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What can you do if someone has been paying into a group policy for over 30 years but when beneficiary tried to collect the company claimed it was sold to a new company and there is nothing to claim?
Wiki User
∙ 17y ago
What company claimed? The company the insured worked for or the insurance co? If the insurance co was bought out the new company MUST honor all former policies by law. The only question should be, was the policy in force at the time of the death? Any good agent can help you with your claim. 4lifeguild
Wiki User
∙ 17y ago
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