Life Insurance Policy Dispute
Summary
In Texas, life insurance policy proceeds are typically paid to the named beneficiary. If the insurance company deducted premiums from the policy, the remaining balance goes to the beneficiary. If youre not the beneficiary, you may not have rights to the funds. Consult a local attorney to clarify your position.Full Conversation
Ok got a question my childrens dad past in july the policies was behind so they took it out of the policies at funeral home ok now his sis is asking for death certificate to colect money from policie what can be done
Hello ****, it seems like a complex situation. Can you please confirm where this is happening? The laws about life insurance and death certificates vary by location.
Beaumont tx
Hello ****, in Texas:
- Life insurance policy proceeds are typically paid to the beneficiary named in the policy.
- If the policy was in arrears and the funeral home paid the premium, they may have a claim to some of the proceeds.
Please consult a local attorney to understand your rights and obligations better.
No the INSURANCE company took it off top from policy
Hello ****, in Texas, if the insurance company took the payment from the top of the policy:
- The remaining balance would go to the named beneficiary.
- The insurance company is required by law to pay the death benefit promptly.
- If you're not the beneficiary, you may not have rights to the funds.
Check with a local attorney to clarify your position.