Life insurance payment reduced

by KBBG » Sun Jul 12, 2015 05:03 pm
Posts: 1
Joined: 12 Jul 2015

My father recently passed away. He had a life insurance policy from work that was worth $54,000. The insurance company has now said that the policy is only worth $16,200. They said that the amount was reduced for each year after he retired. I have never heard of this. Is this common? What can I do about getting the amount that my father wanted my brother and I to have?

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