by sherylgt » Mon Apr 04, 2011 05:07 am
why did i receive book of keepsake checks in stead of one cashiers check from my deceased dads insurance police? and can i take all infor and checkbook and transfer it into my regular checking account?
Posted: Mon Apr 04, 2011 08:09 pm Post Subject:
First, you need to contact our forum contributor Mark Colbert "InsInvestigator". He has an ongoing investigation into this practice on the part of insurance companies, because some companies have been charging monthly "account maintenance fees" against the death benefit proceeds, which is generally prohiibited by law in most states.
You can always cash out the entire account value. But talk to Mark Colbert first.
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