Contesting a Life Insurance Policy

by Guest » Thu Jun 06, 2013 12:33 am
Guest

My husband's father has recently died. We have found papers on a life insurance policy through his employer. My husband is one of 6 siblings. Only 3 of the siblings were named as beneficiaries on the policy. At the time of filling out the paperwork (6 years ago), the siblings named were 10, 19, and 21 years old. We could only assume that he wanted to be sure they were financial covered in the event of his death. Now, 6 years later, 2 of them are as financially sound as the other siblings. Would it be possible or likely that my husband and his other 2 siblings that were not named could contest the policy?
Thanks!

Total Comments: 2

Posted: Thu Jun 06, 2013 01:33 am Post Subject:

They could contest it, but they will lose. If he wanted to change it, he could have done so. If he only wants the money to go to the ones who weren't self sufficient that would just be the youngest one.

Posted: Thu Jun 13, 2013 11:26 pm Post Subject:

Salena,
First of all, I'm sorry about your father-in-law. His decision to only provide for 3 of his 6 children after he died interests me.
Let me get this straight: At some point, he was given the opportunity to name his beneficiaries - and actually excluded 3 of his children? Were they step-children? Children by another woman/mother?
There were 3 non-recipients and one of these was your husband. In some cultures, it is common for a parent to take care of the boys and leave the girls; this obviously wasn't the case.

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