If they refuse to sign the application for a claim, they will not be paid the proceeds of the policy.
if the owner of a life insurance policy dies and the policy is on her son. What happens to the ppolicy and is it part of the estate.
Report the forgery to your local policy department and the insurance company and you will probably be made whole.
The will has no relationship to the insurance policy. The Policy is a contract between the insurance company and the insured and does not become a part of the estate.
In that case, the money will be kept deposited with the insurance company as unclaimed amount. In absence of the beneficiary, the insurance company can pay the money to the legal heir of the policy holder, but that has to be sufficiently proved in the Court of Law.
if someone died and left an insurance policy and named me beneficiary how can i find out
Why in the world would anyone want to pay that much money for an insurance policy if they did not know the person? Life insurance is expensive.
Yes, If someone will be driving the car, it is recommended to add inform your insurance company and have them added to the policy.
Benefits paid from an insurance policy are separate from property that is left in a will. With an insurance policy, it is paid to the named beneficiary. That is not controlled by the wording of a will.
No, only the OWNER of the insurance policy can sign the policy over. Sometimes the owner is the insured, but not always.
You have to file a creditor's claim against the estate of the father.
Yes, it does not matter if you have your own policy or are listed on someone else's policy, you will be surcharged for the DUI probably for the next 5 years.
if life insurance policy passed the contestability period, benefits will be paid at insured's death.