Life Insurance Beneficiary Question
by Rafael S.
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 BeneficiaryHi 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 Ask another question at Life Insurance Questions Get a quote at: Note: 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. This insurance information is general in nature and the policy wordings always take precedence. Make sure you review the "please read" page. |