It's a clear case of forgery and it cannot happen without the connivance of the caucus consisting of agent,D.O. and Insurance officials. Register your complaint with the Insurance Co. in writing,lodge F.I.R. with the local P.S. If nothing materialises within a time frame, lodge your complaint with Consumer Forum/Insurance Ombudsman for remedy.
It is possible for a life insurance policy to be cashed but there will always be a loss for doing so if one is cashing in for the full amount. For some policies it is possible to withdraw accumulated interest from the policy with limited amounts allowed.
When deciding what type of life insurance to get, someone can choose between term and whole life insurance. Term insurance pays out when a person dies and whole life can be cashed in if you need the money early.
If the teller accepts it, you can deposit it. After my father had a stroke, he signed his checks with x's and they cashed them just the same.
You can cash in endowments by visiting the financial institute or insurance company that provided the account. They can be cashed in upon maturity or the loss of a qualified loved one.
No. A money order cannot be canceled once it is cashed.
Contact the company and ask them.
How do I find out if my deseased father has a life insurance policy
If it is not cashed it will eventually become void. Normally it says how many days the check is valid for on the front of the check. This is usually about 90 days. If this happens you can always contact the insurance company to have it reissued.
Endowment Policies can be cashed out early for a fee that varies from company to company. Endowment policies are a form of life insurance that is paid in lump sum form.
not if it is held in joint tenancyAnswerYes. One co-owner can cash it in if it is held in a joint tenancy. See link provided below for more details.
you'll need to find out the insurance company name.
You call the insurance company claims department and ask them. You would have to be the owner or the beneficiary or rightful descendent of. 4lifeguild