by Guest » Tue Mar 03, 2009 04:01 am
Can my ex-spouse receive my life insurance benefits even when she is remarried?
I’ve a small life insurance through my employer where my ex-wife is the beneficiary. She has expressed her desire to continue with her beneficiary status even when she is married now to another man.
I’d like to know, if I’m required to keep her on the policy or need to change it by informing the employer? Am I committing fraud if I don’t change the beneficiary name?
I’ve a small life insurance through my employer where my ex-wife is the beneficiary. She has expressed her desire to continue with her beneficiary status even when she is married now to another man.
I’d like to know, if I’m required to keep her on the policy or need to change it by informing the employer? Am I committing fraud if I don’t change the beneficiary name?
Posted: Tue Sep 28, 2010 03:41 am Post Subject: ex-spouse as beneficiary
I have an insurance policy that's 17 years old. i've paid all preminums, Now the insurance company is doing an investigations because my ex-wife remarried, i re-married and she died 2 months back of cancer. what is this investigation called. I cant think of the name of the investigation. something that starts with IN
Posted: Wed Sep 29, 2010 12:42 am Post Subject:
INSURANCE FRAUD? Probably not.
If your wife has been continuously covered by the policy since day 1, there is not going to be any other outcome than paying the claim. Policies become "incontestable" after they have been in force 1-2 years, depending on the state law where the policy was issued.
17 years? Not a chance it will be turned down . . . as long as the policy was in force on the day she died.
Posted: Fri Oct 01, 2010 02:42 am Post Subject:
Some companies pay immediately, and some companies screw around. Ultimately, you'll be paid.
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