| Message |
Author |
|
 Posted: Mon Jul 21, 2008 7:46 pm Post subject: I was kept as beneficiary |
|
|
I was kept as beneficiary in life insurance,by my now deceased ex. I be-
lieve I should get it. We were still very close. I asked for nothing in the divorce.
And I know he wanted me to have the $. |
|
julie
New member
Joined: 21 Jul 2008
Posts: 1
1.38 Dollars($)
|
|
| Posted: Mon Jul 21, 2008 11:43 pm Post subject: |
|
|
Ok, is someone fighting you for it?
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
|
Lori
Moderator
Joined: 10 Sep 2007
Posts: 8173
Location: Missouri
287.90 Dollars($)
|
|
| Posted: Tue Jul 22, 2008 6:16 am Post subject: |
|
|
| Yeah, we need to know whether you have been challenged by someone on this issue or not. There is no problem for you in receiving the benefits of the policy as you were the named beneficiary of the plan. But a situation may arise if the current family of your deceased ex decides to contest the beneficiary issue. |
|
carol
Preferred member
Joined: 28 Sep 2005
Posts: 195
32.69 Dollars($)
|
|
| Posted: Tue Jul 22, 2008 6:23 am Post subject: |
|
|
Hi julie, when you're the named beneficiary of the policy, the insurance company is bound to write the check on your name. In case of life insurance policies the policy holder has the right to name anyone to receive the benefits of his/her plan.
_________________
Register Now to have your Insurance queries solved. |
|
plainjenny
Guest
|
|
| Posted: Tue Jul 22, 2008 7:18 am Post subject: |
|
|
| Quote: | | And I know he wanted me to have the $. |
How do you know it!
_________________
Register Now to have your Insurance queries solved. |
|
Jackie_Collins
Guest
|
|
| Posted: Tue Jul 22, 2008 10:09 am Post subject: |
|
|
...going round in circles just for fun...
Julie wrote:
"And I know he wanted me to have the $."
Then Jackie_Collins wrote:
"How do you know it!"
Because Julie wrote:
"I was kept as beneficiary in life insurance, by my now deceased ex"
In the words of Joe Gandolfo..."People change when people die."
What do you want to bet some "other" disgruntled relative thinks they should have the money?
After 23 years of paying many, many, many death claims...I've seen this time and time again.
The only way (in Florida) to be absolutely certain your money is going to go to whom you intend is by beneficiary designation of a Life Insurance policy or an Annuity Contract.
Disgruntled relatives and their lawyers can gum up the best laid plans with everything else....
Hey I just noticed that I'm the only male on this thread AND if I click "Submit" this will be my 100th post.
Now what happens??? 
_________________
Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert |
|
GarySpicuzza
Forum Expert
Joined: 03 Apr 2008
Posts: 959
Location: West Pasco County, FL
242.78 Dollars($)
|
|
| Posted: Wed Jul 23, 2008 11:03 pm Post subject: |
|
|
In the Great and Sovereign State of Ohio, for insurance purposes, the beneficiary spouse dies at the time of the divorce. Unless continued coverage is mandated by the judge in the divorce settlement.
_________________
Mr. Steven Glenn Liggett
Indemnity-Income.com |
|
MrLiggett
New member
Joined: 01 Jan 2008
Posts: 15
Location: Newark, OH
5.48 Dollars($)
|
|
| Posted: Thu Jul 24, 2008 4:42 am Post subject: |
|
|
Ha ha ha Gary.
To the original question. If you are the beneficiary of the life insurance policy then you should be entitled to the benefit. Unless you are from Ohio it seems. Laws do vary from state to state and province to province so you will find out when you submit a claim. Is anyone challenging you on this? Is there any proof your ex would have wanted you to have the money still?
Regards
_________________
I am an insurance broker from Ontario licensed for all types of insurance.
Please visit my site: www.canada-insurance-source.com |
|
OntarioBroker
Preferred member
Joined: 09 Jun 2008
Posts: 108
Location: Ontario, Canada
34.86 Dollars($)
|
|
