Life Insurance Beneficiary Question

by Rafael S.
(Tampa, FL, USA)

I have a friend who past away and i never met his family but his brother is telling me he put me on his life insurance and its alot of money. My question is can someone put you on there life insurance with out me being there and also my full name on it?


Life Insurance Beneficiary


Hi Rafael, you can be named the beneficiary on a policy by the policy owner without being there. It seems a little strange that he would not have told you personally though. But if you were named a beneficiary, then the insurance company should pay you accordingly when the death benefit is paid.

Thanks for asking.

www.canada-insurance-source.com

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Note: Always speak with a licensed insurance professional about your specific situation. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility.

Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind.  Make sure you review the "please read" page. Always speak with a licensed insurance professional about your specific situation.

Always speak with a licensed insurance representative about your specific situation.

This site is general in nature and there may be errors or ommissions

Please Read

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